Introduction
This paper will address the principles of strategy and marketing. Xbox 360 is a gaming console produced by Microsoft, Inc. The marketing plan will discuss the various phases for marketing the Microsoft Xbox 360 and the anticipated success. The success of Microsoft’s first Xbox gives hope to the likely success of the Xbox 360. The Xbox was a huge success selling millions of units around the world.
Project Management and Scheduling Xbox 360
Project management and scheduling is a very important for business today. In order to run a successful business it is important to be able to strategically plan and anticipate your future needs and cost. As a good manager, you should look at the cost of your material for products; these will include labor, material and your support services. (Schroeder, 2008) All projects go through three phases: planning, scheduling, and control.
Planning
Let us start the discussion with the planning process. Planning is a very important step. It is wise to think about the steps you will take to complete a project in an allotted time frame and learning what resources you will need to complete the project, the amount of labor it will take to complete, set obtainable goals to reach, define your production team of who will do what and when (Schroeder). Projects are characterized by broad variations in functionality, cost, schedule, and human resources when compared to the original plan. Management and future users of the project output are often frustrated by this apparent lack of project management skill in prediction and control. To that end, the goal of this paper is to explore some of the common reasons for these situations and illustrate a design structure for improv...
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Lowensohn, J. (2010, March 18). Report: USB mass storage coming to Xbox 360 | Web Crawler - CNET News. Technology News - CNET News. Retrieved March 21, 2010, from http://news.cnet.com/8301-27076_3-20000712-248.html
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Operations Management Process is the central arteries within the organization because it produces the planning process for goods and services, which are its reason for existent. Operations management is linked to all organizations as every organization is producing either a product or a service. However, it cannot be said to be the most important function since there are other functional areas and boundaries within an organization. In today's fast changing world, organizations have to have a tendency towards being efficient, effective and innovative to the changing environment to succeed. Operations Management has to use metrics in order for them to accomplish their task and be successful with minimal interruptions within the organization.
Another feature that is a first in the console industry is Xbox’s internal 8-Gigabyte (Gb) Hard-Drive or Hard Disk Drive (Hdd). This contributes too much of Xbox’s weight, but gives many features. With this you don’t have a need for a memory card to save your game files, you save them right to the hard-drive. This is a very nice feature on the Xbox, because it saves you money.
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Microsoft has a lot to gain from outsourcing the Xbox production to Flextronics. Microsoft’s core competency is producing software, not hardware. So by the Law of Comparative Advantage, it is best for Microsoft to let someone, who is good at producing hardware, produce the Xbox. Flextronics not only offers their expertise in hardware, but also their network of connections worldwide which reduces production costs, thus making the market value of Xbox lower and more affordable. Because of Microsoft’s web-based information system, they are able to share information with Flextro...
Having released in the US, Xbox was highly praised on numerous counts. Gradually the fame surrounded sans par. And Xbox was released in Australia, Europe as well as Japan. As per rivalry, Xbox was the first generation device of the console brand to have competed crucially against Sony’s PlayStation 2. Next came Xbox 360.
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Project management is said to be completed within time when it completed within the “triple constraints”: cost, time and quality. And in a lot of causes, one them is sacrificed so as to meet the other two. Project managers prioritize which ones are the most important.
emerging or new market. It can originate from new technology or new market opportunities (Eliashberg, J., Lilien, G. L., & Rao, V. R. 1997). Literature defines product development as exploiting an untapped market opportunity and turning it into a value product for customer satisfaction. Development and introduction of a new product requires extensive research on understanding customer needs, market structure, emerging trends and analysing the internal & external competitive market environments. To evaluate customer satisfaction previous researches provide strong relationship between customer satisfaction and product quality, product features and value for money. ***
Operations management is a dynamic field and presents exciting new issues and challenges for operations managers. For example, Maura Sprenger, human resources director at Techno Inc., a fast growing information technology company, is faced with a very difficult issue between winning a multimillion dollar business contract with Apex Company or run the risk of causing a very knowledgeable and valuable employee to quit.
University of Phoenix(Ed.).(2003) Operations management for competitive advantage[University of Phoenix custom edition e-text]. New York: McGraw-Hill. Retrieved February 01, 2005, from university of phoenix, Resource, MGT554- operations management website: https://mycampus.phoenix.edu/secure/resource/resource.asp
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 planning falls in the Planning Process Group which consists of those processes to establish the projects total scope, define the projects objectives, and courses of action to achieve those objectives. During the planning process, all the documents that are needed to carry the project through the project lifecycle will be developed such as the project management plan. Project management requires repeated feedback loops as additional information becomes available and is better understood. The planning process delineates the strategy, tactics, and path to successfully complete the project. With that, the planning of a project must walk through all the those processes from executing, monitoring and controlling through the closing process.