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BUSS 5142 - Advanced Engineering Management Assignment

   

Added on  2020-03-02

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UNIVERSITY OF SOUTH AUSTRALIA
School of Engineering
Minor Thesis 1
Master of Engineering (Advanced Engineering
Management)
Student: Sanjesh Cartharn
ID No: 110063047
Supervisor: Dr.
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Abstract
Any business must meet the requirements of their customers and it is the ultimate goal of
any organization, irrespective of their size. Similarly, this thesis work projects of the
manufacturing company, which is facing challenges in terms of adaption and sourcing. The
vision and mission of the firm is identified. The present implemented system in the
organization is analysed along with issues it provides. The possible alternatives for the
problems are discussed, from which the best alternative is selected for implementing in the
company. The selected solution for implementation is studied and its benefits for the
company are analyzed. Various research papers are reviewed before selecting the best
alternative. The clear understanding of project management and operations management is
provided. The idea of cost analysis and its benefit is analysed. Budget is the factor that is
considered for deciding the best solution, for the manufacturing company. The alternative
solutions for the organization is considered, and the best solution from the considerations is
integrated with CPM. The BPR is studied. The importance of redesign and project
management is analysed. The Pilot testing is tested and run. Further, the implementation
strategy for the development of the solution is investigated. Next, the testing and evaluation
of the implemented solution is researched, to evaluate the performance of the system.
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Disclaimer
I hereby declare that this thesis is my own work and contains no material which has
been accepted for the award of any degree or diploma from any tertiary institution. To
the best of my knowledge and belief, this thesis contains no material previously written
or published by another person, except where due reference is made in the text.
Signed:
Type your name
Type the date
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Acknowledgements
Enter your acknowledgements here.
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Table of Contents
Chapter One – Project Background and Significance.....................................10
1.1 Introduction..............................................................................................10
1.2 Company Background..............................................................................10
1.3 Project Background..................................................................................11
1.4 Project Aim...............................................................................................13
1.5 Project Scope............................................................................................13
1.6 Expected Outcomes..................................................................................13
1.7 Thesis Structure........................................................................................14
1.8 Concluding Remarks................................................................................15
Chapter Two – Literature Review and Project Methodology........................16
2.1 Introduction..............................................................................................16
2.2 Source of Literature..................................................................................16
2.3 Review of Literature.................................................................................16
2.3.1 Overview...................................................................................................22
2.4 Discussion.................................................................................................23
2.5 Project Methodology................................................................................24
2.6 Concluding Remarks................................................................................25
Chapter Three – Current System/Operation Analysis....................................27
3.1 Introduction..............................................................................................27
3.2 Customer Project Management................................................................27
3.2.1 CPM Process Model........................................................................................................29
3.3 Problem analysis.......................................................................................30
Characteristics of the Problem...........................................................................30
3.4 Concluding Remarks................................................................................31
Chapter Four – Consideration of Alternative Solutions.................................32
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4.1 Introduction..............................................................................................32
4.2 Alternatives...............................................................................................32
4.2.1 Integrated Business Plan (IBP).......................................................................................32
4.2.2 Test Data Management....................................................................................................33
4.2.3 M1 ERP Software............................................................................................................33
4.2.4 Business Process Reengineering (BPR)..........................................................................33
4.2.5 Modified CPM.................................................................................................................34
4.3 Best Alternative........................................................................................34
4.4 Concluding Remarks................................................................................34
Chapter Five – Development of Solutions.........................................................35
5.1 Introduction..............................................................................................35
5.2 Steps for developing the business solutions.............................................35
5.2.1 Industrial key features in Australia...........................................................36
5.3 Modified Customer Project Management (CPM)....................................36
5.4 Concluding Remarks................................................................................38
Chapter Six – Solution Implementation............................................................40
6.1 Introduction..............................................................................................40
6.2 Steps to integrate global business.............................................................40
6.3 Implementation of modified CPM............................................................41
6.4 Concluding Remarks................................................................................42
Chapter Seven – Testing and Evaluation..........................................................43
7.1 Introduction..............................................................................................44
7.2 Project Evaluation and Testing.................................................................44
7.3 Testing Strategy........................................................................................45
7.4 Gap Analysis............................................................................................46
Chapter Eight – Cost/Benefit Analysis..............................................................46
8.1 Introduction..............................................................................................47
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8.2 Cost benefit analysis background.............................................................47
8.2.1 Current state of the Document..................................................................48
8.3 Identify and Measure Benefits and Costs.................................................49
8.3.1 Collection and documentation of cost data..............................................49
8.3.2 Identification and documentation benefits...............................................49
8.4 Analyze Data............................................................................................50
8.3.1 Spreadsheet Modeling..............................................................................50
8.3.2 Comparing Solutions................................................................................50
8.3.3 Sensitive Analysis....................................................................................50
8.3.4 Risk Analysis............................................................................................50
8.3.5 Return Investment....................................................................................50
8.3.6 Paying back..............................................................................................51
8.3.7 NPV..........................................................................................................51
Chapter Nine – Conclusions and Recommended Future Work.....................11
9.1 Introduction..............................................................................................11
9.2 Observation...............................................................................................11
9.3 Issues Encountered...................................................................................11
9.5 Considered Alternative Solutions.............................................................12
9.6 Best Solution Implemented from the Considered Alternatives................12
9.7 Recommendation......................................................................................13
9.8 Future Work..............................................................................................13
References............................................................................................................14
Appendix 1: Industry Supervisor Reports........................................................26
Appendix 2: Project Daily Diary.......................................................................27
Appendix 3: Certificate of Practical Experience..............................................28
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List of Tables
Table 1.1 Insert table title...........................................................................................................2
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