Interdependencies Between Project Management And Other Management Disciplines

Interdependencies between project management and other management disciplines

Launch new soft drink ‘thunder drink’ for gaining competitive advantage

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

The soft drinks market is widely expanding in Malaysia and the approach is being driven for the development of a new product in the form of the soft drink that can be managed within the estimated constraints and capable of meeting the needs and requirements of the users. The increasing competition led to the adoption of this strategy of the development of new product that can allow the organization in gaining competitive advantage over the competitors and cover the most sector of the project. The objective of the project is to make sure that the introduced product is acceptable to the existing and new consumers of the organization and gain better competitive advantage over the competitors who are in the same field. From the perspective of the project management, the goal of the project is to make sure that the developed strategy is delivered under proper guidance and all the scope and objectives of the project met. Modern tools will be used for evaluating and forecasting the conditions of the project with an assurance of getting better results.

Project duration

18th May 2018 to 27th August 2018

Project Cost

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

$1,726

Work breakdown structure 

Following Gantt chart can be reproduced considering the planned baseline and the assumed work completion: 

WBS

Task Name

Act. Start

% Comp.

Act. Dur.

Rem. Dur.

0

Manufacturing divine Thunder soft drink

Fri 18-05-18

64%

46.06 days

25.94 days

1

   Project initiation

Fri 18-05-18

100%

19 days

0 days

1.1

      Project scope statement

Fri 18-05-18

100%

3 days

0 days

1.2

      Project documentation

Wed 23-05-18

100%

2 days

0 days

1.3

      Project budget preparation

Fri 25-05-18

100%

3 days

0 days

1.4

      Project time estimation

Fri 25-05-18

100%

6 days

0 days

1.5

      Project team allocation

Mon 04-06-18

100%

3 days

0 days

1.6

      Project sponsors selections

Thu 07-06-18

100%

5 days

0 days

2

   Project planning phase

Thu 14-06-18

67%

23.48 days

11.52 days

2.1

      Resource allocation

Thu 14-06-18

100%

3 days

0 days

2.2

      Product naming

Tue 19-06-18

100%

3 days

0 days

2.3

      Vendor assigning and suppliers selection

Fri 22-06-18

100%

2 days

0 days

2.4

      Assigning chemist for the new product

Tue 26-06-18

100%

6 days

0 days

2.5

      Preparing proper environment with new equipments

Tue 26-06-18

50%

3 days

3 days

2.6

      Equipment measures for new bottles

Wed 04-07-18

50%

2.5 days

2.5 days

2.7

      Soft drink mixing equipments

Wed 11-07-18

50%

2.5 days

2.5 days

2.8

      Buying filling machinery

Wed 18-07-18

50%

2.5 days

2.5 days

2.9

      Conveyor system preparation

Wed 25-07-18

50%

3 days

3 days

3

   Initial product manufacturing phase

Thu 02-08-18

30%

3 days

7 days

3.1

      Water infusing with needful elements

Thu 02-08-18

25%

0.25 days

0.75 days

3.2

      Adding essence to the liquid

Fri 03-08-18

50%

0.5 days

0.5 days

3.3

      Testing the drink

Mon 06-08-18

45%

0.45 days

0.55 days

3.4

      Change approach

Tue 07-08-18

50%

0.5 days

0.5 days

3.5

      Changing the taste as per the demand

Tue 07-08-18

75%

0.75 days

0.25 days

3.6

      Packaging soft drink bottle

Wed 08-08-18

85%

0.85 days

0.15 days

3.7

      Securing bottle from contamination

Wed 08-08-18

10%

0.2 days

1.8 days

3.8

      Water filtration

Fri 10-08-18

5%

0.1 days

1.9 days

3.9

      Automatic capping

NA

0%

0 days

2 days

4

   Project closure

NA

0%

0 days

8 days

4.1

      Stakeholder signoff

NA

0%

0 days

3 days

4.2

      Post maintenance program

NA

0%

0 days

2 days

4.3

      Reducing the hazards of falling bottles

NA

0%

0 days

3 days

It can be identified that as per the assumption the project is behind the schedule and hence, further strategy of the project should be to develop a sophisticated plan that can be effective and efficient in developing the strategies those could possibly meet the expected scope and outcomes of the project. The schedule will alternatively be reflecting on the actual cost of the project and variations will be identified in the further attempts in this project itself. The strategy for further management will be targeting on the development of the strategies those could meet the baseline of the project through increasing the work pace being delivered in the project. The project needs to be monitored and hence, quality assurance strategy could be deployed considering the management and manipulation of the project based on the expectations. It will be helpful in manipulating the entire project without hampering the overall quality of the project deliverables. It could be helpful and effective in finally meeting the planned and actual values.    

Following are the activities, and in the middle of the project execution, 18th July 2018, following baseline information is being assumed related to the growth and development of the project:

WBS

Task Name

% Comp.

Act. Dur.

Rem. Dur.

Act. Cost

Cost

0

Manufacturing divine Thunder soft drink

64%

46.06 days

25.94 days

$1,432.00

$1,726.00

1

   Project initiation

100%

19 days

0 days

$345.00

$345.00

1.1

      Project scope statement

100%

3 days

0 days

$60.00

$60.00

1.2

      Project documentation

100%

2 days

0 days

$60.00

$60.00

1.3

      Project budget preparation

100%

3 days

0 days

$60.00

$60.00

1.4

      Project time estimation

100%

6 days

0 days

$45.00

$45.00

1.5

      Project team allocation

100%

3 days

0 days

$60.00

$60.00

1.6

      Project sponsors selections

100%

5 days

0 days

$60.00

$60.00

2

   Project planning phase

67%

23.48 days

11.52 days

$673.00

$673.00

2.1

      Resource allocation

100%

3 days

0 days

$60.00

$60.00

2.2

      Product naming

100%

3 days

0 days

$98.00

$98.00

2.3

      Vendor assigning and suppliers selection

100%

2 days

0 days

$60.00

$60.00

2.4

      Assigning chemist for the new product

100%

6 days

0 days

$110.00

$110.00

2.5

      Preparing proper environment with new equipments

50%

3 days

3 days

$45.00

$45.00

2.6

      Equipment measures for new bottles

50%

2.5 days

2.5 days

$128.00

$128.00

2.7

      Soft drink mixing equipments

50%

2.5 days

2.5 days

$80.00

$80.00

2.8

      Buying filling machinery

50%

2.5 days

2.5 days

$22.00

$22.00

2.9

      Conveyor system preparation

50%

3 days

3 days

$70.00

$70.00

3

   Initial product manufacturing phase

30%

3 days

7 days

$414.00

$544.00

3.1

      Water infusing with needful elements

25%

0.25 days

0.75 days

$80.00

$80.00

3.2

      Adding essence to the liquid

50%

0.5 days

0.5 days

$58.00

$58.00

3.3

      Testing the drink

45%

0.45 days

0.55 days

$56.00

$56.00

3.4

      Change approach

50%

0.5 days

0.5 days

$60.00

$60.00

3.5

      Changing the taste as per the demand

75%

0.75 days

0.25 days

$56.00

$56.00

3.6

      Packaging soft drink bottle

85%

0.85 days

0.15 days

$22.00

$22.00

3.7

      Securing bottle from contamination

10%

0.2 days

1.8 days

$60.00

$60.00

3.8

      Water filtration

5%

0.1 days

1.9 days

$22.00

$22.00

3.9

      Automatic capping

0%

0 days

2 days

$0.00

$130.00

4

   Project closure

0%

0 days

8 days

$0.00

$164.00

4.1

      Stakeholder signoff

0%

0 days

3 days

$0.00

$60.00

4.2

      Post maintenance program

0%

0 days

2 days

$0.00

$56.00

4.3

      Reducing the hazards of falling bottles

0%

0 days

3 days

$0.00

$48.00

Considering 10% addition or subtraction in the budget, the above table represents that the project is under budget and the actual and planned cost could be managed at the same place. Further assumptions could be made that for the instance if the project testing activity of the project takes longer time then the schedule of the project would be increasing proportionally and the cost factor could be related same. Various factors could be the reason of such changes that include the risks to the testing, expected product not found, human resource lagging due to medical conditions, and many more. The leadership and management styles could be another factor those could lag in delivering their sector of work related to the employee’s management and keeping them focused towards delivery of the expected benefits. These factors are highly considerable considering the management and delivery of the project. 

Ethical and social responsibility roles of a project manager

Management and leadership attributes can be listed as the most crucial factor behind meeting the project constraints.it could possibly lead to inefficient management of the team in the management and delivery of the project and hence, the manager or leader must develop the strategies those best suits the environment. It can be highly recommended to have an experienced or well educated manager for managing the daily activities of the project. Improper management is the most crucial aspect for the entire project delivery and meeting the project constraints as per the planning.

Launch failure is one of the major aspects for such projects from the perspective of the business and gathering customers’ attention. The new product always need proper advertisement procedure in manner to deliver the necessary project activities and hence, the strategies must be focusing on the successful launch of the new product in the Malaysian market through adopting the best business strategy those could attract the targeted customers.

Regarding technical aspects the possible cause of the activity delay could be the unavailability of the raw materials from which the soft drink is about to be prepared. The output of the product must be estimated close to the actual output being made. The stock management must be efficient as per the estimated demands and needs of the final users.

Technical failures in the industry are other factors those could negatively impact the overall project schedule. The execution phase of this project is the production of the soft drink that must be managed throughout the project lifecycle through assuring that all the technical accomplishments could be managed and delivered within the estimated time.

Uncertainties should always be considered prior the delivery of the project and it must be managed accordingly in manner to make sure that the project being delivered is free from the risks. The risks are always the tails of the project and hence, the se should be considered throughout the project in manner to adopt the best strategies those could be helpful and effective in eliminating them prior to the delivery of the project and thus, assuring that the impacts of the risks are negligible in the overall delivery and management of the project. 

It can be recommended to strongly following the project plan developed for the delivery of this project. The proposed project plan includes the strategic definition of the various project management approaches and practice those could contribute in the growth and development of the project. The focus should be given in the management and leadership attributes and practices in manner to make sure that the developed project plan is being focused as it is by all the stakeholders who are involved in the project lifecycle. The above mentioned problems should be estimated prior the execution phase in manner to develop the strategies those could possibly be helpful and effective in developing the strategies those best suits ongoing project growth and development.

I get to know that the project management strategy is very crucial for the delivery and management of any project in a sequence. The adoption of the project management practices could allow the project to be highly sophisticated and manageable throughout the project and deliver the activities of the project in sequential manner. The theoretical management of the team includes various principles, procedures and ethical considerations however, it can be complex in practical aspect. Other than the team management, there are various problems as mentioned above could possibly eliminate certain percentage of the overall efficiency of project. I have gained an experience of how the project could be delivered and managed in successful way through the adoption of the proper and effective project management strategies. The project management allows in developing the strategies for the project those could allow the delivery of the entire project considering the sequential delivery and management of the project deliverables. 

References

Boyle, G. (2017). Design project management. Routledge.

Chang, W., & Taylor, S. A. (2016). The effectiveness of customer participation in new product development: A meta-analysis. Journal of Marketing, 80(1), 47-64.

Chen, J., Neubaum, D. O., Reilly, R. R., & Lynn, G. S. (2015). The relationship between team autonomy and new product development performance under different levels of technological turbulence. Journal of Operations Management, 33, 83-96.

Cooper, R. G. (2016). Agile–Stage-Gate Hybrids: The Next Stage for Product Development Blending Agile and Stage-Gate methods can provide flexibility, speed, and improved communication in new-product development. Research-Technology Management, 59(1), 21-29.

Cooper, R. G., & Sommer, A. F. (2016). Agile-Stage-Gate: New idea-to-launch method for manufactured new products is faster, more responsive. Industrial Marketing Management, 59, 167-180.

De Brentani, U., & Kleinschmidt, E. J. (2015). The impact of company resources and capabilities on global new product program performance. Project Management Journal, 46(1), 12-29.

Gemünden, H. G. (2015). Success factors of global new product development programs, the definition of project success, knowledge sharing, and special issues of project management journal®. Project management journal, 46(1), 2-11.

Goldratt, E. M. (2017). Critical chain: A business novel. Routledge.

Hempelmann, F., & Engelen, A. (2015). Integration of finance with marketing and R & D in new product development: The role of project stage. Journal of Product Innovation Management, 32(4), 636-654.

Kawakami, T., Barczak, G., & Durmu?o?lu, S. S. (2015). Information technology tools in new product development: The impact of complementary resources. Journal of Product Innovation Management, 32(4), 622-635.

Kerzner, H. (2018). Project management best practices: Achieving global excellence. John Wiley & Sons.

Khajavi, S. H., Partanen, J., Holmström, J., & Tuomi, J. (2015). Risk reduction in new product launch: A hybrid approach combining direct digital and tool-based manufacturing. Computers in Industry, 74, 29-42.

Laine, T., Korhonen, T., & Martinsuo, M. (2016). Managing program impacts in new product development: An exploratory case study on overcoming uncertainties. International Journal of Project Management, 34(4), 717-733.

Lawson, B., Krause, D., & Potter, A. (2015). Improving supplier new product development performance: the role of supplier development. Journal of Product Innovation Management, 32(5), 777-792.

Marion, T. J., Eddleston, K. A., Friar, J. H., & Deeds, D. (2015). The evolution of interorganizational relationships in emerging ventures: An ethnographic study within the new product development process. Journal of business Venturing, 30(1), 167-184.

Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and technology. Routledge.

Schoenherr, T., & Swink, M. (2015). The roles of supply chain intelligence and adaptability in new product launch success. Decision Sciences, 46(5), 901-936.

Stark, J. (2015). Product lifecycle management. In Product Lifecycle Management (Volume 1) (pp. 1-29). Springer, Cham.

Verzuh, E. (2015). The fast forward MBA in project management. John Wiley & Sons.

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.