The purpose of this case study is to go over the issues at the Hyten Corporation due to the Informal project management and the problems due to transaction from informal to formal project management. Another issue that has to be discussed in this case study is to find some answers and recommendations for these problems and to see if the formal project management is acceptable for the Hyten Corporation. Hyten Corporation is an automotive manufacturing company which was found in 1982. The company was manufacturing electronic parts for military and became involved with the space program. After that the company focused on manufacturing other line of products like, building products, energy management and machine tools and equipment for their automotive and electronic field.
The company has had young and involved management at both automotive components division and the corporation as well, which lead the company to considerable growth, by careful planning and having the right personal for the right job. The company is trying to get a hold of their growth, by changing the informal project management type of the company, to formal management, and find and solve the issues which are created due to these transactions.
Formal project management matter at Hyten:
Based on this case study, acceptance of the formal project management has brought many questions which need clear answers, to understand the situation and have less managerial problems.
Some major problems faced by Hyten Corporation due to accepting formalized project management are:
a) Having an opposition and disagreement for hiring outsider for managing new projects, and instead use insider. Some of the managers suggested that they should use inside personal, and they need t...
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The purpose of this case study was to see if formal project management can be implemented to the functional organization of the Hyten Corporation. This would not be an easy task due to the difficulties that some departments of the Hyten Company would face. A seminar was administered by the new project manager to enlighten the managers and workers with meanings of formal project management, and so he can meet and hear different opinions of every department. This action led to knowing the function of every department, which would help him to execute the formal project management in an effective manner. Based on this case study the Hyten Corporation will benefit from implementing formal project management. Easier implementation of a singular methodology and performing a better strategic plan for their projects is among the benefits of formal project management.
The project management bodies of knowledge may look towards the implementation of the project based organization. (PBO) The versatile management of the Mzansi shuttle project would benefit from the use of PBO which is ultimately sui...
Action #1: Training in project management. As stated in the case, these organizations were at different levels of project management maturity, including two of them that were “clueless” about project management. As their goal was to implement an enterprise project management methodology, training in project management represent the first step in this endeavor. It will also help them to create a general and common understanding of what project management is and how it should be implemented, as the other tow companies that knew and implemented project management, exert their implementation in a different way.
Employees must bring out all the internal (salary issues, work environment, etc.) and external factors (clients pressures, project end date, etc.), which are influencing the business activities to management notice. Hence it’s the company’s responsibility to solve all the issues, which are affecting the company’s growth.
The organizational success is vastly dependent on its employees and the organizational structure it is based on. The organizational structure refers to the system of distribution of work roles within various employees and management levels and the way the various functions are coordinated within the individuals and departments in order to achieve the organization’s goals . Different organizational systems have different levels of output in various domains. So the company’s strategies should be in line with its corporate objectives and the higher tier management should continuously monitor the company’s strategies and performances to ensure its progression towards the desired outcomes. Therefore there are currently the following issues in W.L.
A project is a temporary endeavour undertaken to create a unique product or service. They are goal oriented, have a definite start and finish time, must be done within cost, schedule and quality parameters. Projects involve the coordinated undertaking of interrelated activities (Project Management: Achieving Competitive Advantage). According to Tom Peters, “Projects, rather than repetitive tasks, are now the basis for most value-added in business”. Based on this, it is clear that projects are of utmost importance to businesses in both the service and the manufacturing industries.
In today's business it is in the best interest of companies to have project managers. Common sense isn't always easily accomplished. Anyone who's ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there.
The projects in today’s world are given a lot of importance and it will continue to grow in the coming years. There are a lot of companies which do not have production, but all of them do have projects. There are a lot of books which have been published on which related to planning and managing the projects. The one of the most important one was published by the author Eli Goldratt in his book ‘Critical chain’. This book basically talks and shows how the application of theory of constraints in the field of project management. The novel is basically based on one of the MBA classes in America where a number of ideas are developed in discussions among the students and the lecturers. The lecturer is basically fighting for a tenure with the president of the university who expects a downturn in the executive MBA. The lecturer who teaches project management has a word with one the senior colleagues and project management was the right topic to teach. There were three students who were placed in the project management team of their company which manufactures electronic products. The students are enrolled in this MBA class along with other students, here they discover a new approach to project management which is known as the
The global economy in today’s world is very competitive and it’s difficult for the companies to survive in such large market. Globalization has drastically affected the companies, which resulted in their low phase. This report analysis, that the studied company Platinum Concept Pty Ltd is only familiar with the manual system in their working process and is not aware of new automated machines or computerized systems. Hence, it has affected its growth and attainment resulting in devolution. Moreover, this report suggests adoption of Business Process Management for Jim’s business to retrieve its position by substitution of current manual practices with hi tech processes, good strategy and more fitting management to go along with it. Thereupon, it will be a methodize and a well-structured company which will eventually boost their performance along with aid in developing and maintaining good relations with its customer’s and also to withhold the company’s brand name.
Studies related to the current procedural of growth consist of works dedicated to inversions caused by growth such as organizational implications and financially and the challenges that growth requires companies. Growth is not regarded as an end but rather as the trigger or the cause of other phenomena. There are some authors who are interested in organizational changes brought about by the need to control the increase in the size of the company without however include this problem in a model of the development stage of the company. This work highlights the need for such centralization and greater bureaucratization, specialization and a greater division of functions within the company, a broadening of the types of employee profiles
Market economy makes the qualification of managers demanding. The most important function of senior management organizations becomes the development and implementation of effective structure oriented to criteria. Creation of updated product must be determining factor in the survival of individual enterprises, stabilization and prosperity of the countries’ economy. The critical factor of success becomes a training of managers of a new type of highly competent in a wide range of economic and social issues, with a high sense of responsibility for their performance.
The chapter ‘Project Management in the Automotive Industry’ by Christophe Midler and Christian Navarre from The Wiley Guide to Managing Projects (September 2004) traces the inception and transformation of project management in the automotive industry from the post-war period to the early years of the new millennium. It is an interesting article which categorizes the period into four phases on the basis of organizational structure and strategy pertinent to most of the automotive manufacturers in each era. This classification helps the authors elaborate on the change in corporate structures and relationships within the organization and with their subcontractors over the years. Examples of leading car manufacturers have shown how project management has developed into an essential aspect of managing complex activities, and how the automotive industry has steadily evolved from being function-oriented and bureaucratic to being innovation-oriented and modular.
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan
They outsourced and gave a quick training on project management for 50 employees (out of 300), some of which were place as part of the committee to create a project management methodology for the company. After two months of meetings, and mainly due to personal interests, three stage-gate models were created: information systems, new products/services provided, and one for acquiring new
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.
“Project management is the application of knowledge, skills, tools, and techniques to organisational and project activities to achieve the aims of an organisation through projects” (PMI, 2003).