This report discusses the key issues, scope, deliverables, scheduling issues, and risk management strategies in business project and programme management. It focuses on a case study of SB, a global technology firm, and provides recommendations for effective governance and programme management.
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Business Project and Programme Management
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Contents Introduction.................................................................................................................................................3 Task A..........................................................................................................................................................3 Identification of key issues for strategic transformation programmeme..................................................3 Identification as well as evaluation of programme scope and deliverables..............................................5 Classify and evaluate scheduling issues...................................................................................................6 Furnish risk management strategies for identification of key..................................................................7 Ways in which firm must structure as well as organize their programme................................................9 Determine programme control methods for management of transformation...........................................9 Critical evaluation for procuring , contracting and supplier selecting consultancy contract..................10 Conclusion.................................................................................................................................................11 References.................................................................................................................................................13
Introduction Business project is defined as a project which is specifically proposed for attaining business objective. Programmeme management refers to overall management of interconnected projects which makes them. This comprises of associations with business change functions in areas that are affected for ensuring that changes are appropriately executed(Bakar, 2020). Business project and programme management has to be carried out in an effective way to ensure that firm sustain within a competitive marketplace. This report is based on SB which is a global technology firm that is headquartered in Washington, USA. They are responsible for developing as well as rendering wide range of hardware components to their customers but now they are diversifying their operations in software system. This report comprises of key issues, scope and deliverables associated product development project. Apart from this, estimation as well as scheduling issues will be provided along with risk management strategies. Furthermore, recommendations are given in context of governance, stakeholders and programmeme management. Programme control methods as well as certain aspects related with consultancy contract are also furnished. TaskA Identification of key issues for strategic transformation programmeme The framework which furnishes management of firm to deliver both immediate as well as sustainable outcome is referred to as strategic transformation. It aids within bringing innovation along with growth for probable customers in terms of creativity and growth for organization (Engelbrecht, Johnston and Hooper, 2017). The business case for SB has been illustrated below: Vision:Firm is looking forward to build an organization that will deliver them with totally integrated within quality technology system to their customers and clients. Services:SB provides their customers with various hardware devices at low cost so that they can acquire enhanced customer base. Strategies:SB is to furnish low cost and value products to wide range of customers worldwide. Their development strategy involves diversification into software as well as mobile systems by opting for acquisition and partnership.
Strategic transformation:SB has formulatednewvision as per which they have developed series of interconnected projects for having diversification, enhanced market shares, decreased operating costs and new products. For this, they have opted for internal growth and acquisition(Gooberman, 2020). With respect to this, SB have purchased large integrated Mobile Phone Manufacturer WN which renders their services across Europe. While opting strategically transformation SB has encountered various issues with respect to manufacturing location, they have been specified beneath: Management issues:It is the major concern that is being faced by SB when carrying out their business functions. As per this, manufacturing services ran over in context of time as well as cost. It is result of poor management and control for all the operations that are conducted(Just, 2020). In addition to this, it will also lead firm to have inadequate management for change management, cope up with requirements and scope. Quality issues:As per this issue, SB is not able to render adequate quality technology for their customers. This will lead them to have pessimistic influence on their profitability as well as goodwill. Apart from this, there were some quality issues in some areas where there are outsourced manufacturing bases. Job loss issues:It is crucial concern as people will lose their jobs after integration of SB with WN’s manufacturing within their host country. In addition to this, it will be harmful for reputation of SB in USA. Clearance issues:SB is subject to regulatory clearance when they have opted for acquisition from European Competition authorities as well as WN’s home base country as they will be losing strategic industry. These are some issues that are encountered by SB while rendering their functions and operations within WN. This will also create an impact on their profitability ratio and goodwill in the market. With respect to this, some suggestions have been given by which influence created by these issues can be resolved(Louth and Spragg, 2019). Employees of SB must be provided with structured training as it will enable them to deliver their services adequately and they will also be motivated. Furthermore¸ their skills will also be enhanced which will bring in creativity andwaysthroughwhichtheydelivertheirservices.Tohandleissuesassociatedwith
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management an expert or someone who have relevant experience must be hired as it will aid SB to develop their strategies adequately which will enable them to cope up with altering markets. The clearance issues can be handled by ensuring that firm abides to all the regulatory compliance and make sure that all the paper work is completed so that there is no scope for hindrance in their operations(Martinsuo and Hoverfält, 2018). In addition to this, to resolve issues related with job loss which will occur due to acquisition WN, SB must take adequate steps like offering them jobs in other branches they have. In addition to this, employees must be informed about this acquisition before the deal has occurred or taking place so they have adequate time to look for new job opportunities. Identification as well as evaluation of programme scope and deliverables Deliverables are identified like a services as well as goods that can be either tangible or intangible in nature. They are anticipated to be furnished to their probable customers. With reference to case study, SB has opted for being a firm that will render higher quality of technological systems which are entirely merged for their clients or customers. To support, their business functions at global levels, they emphasize on shifting their manufacturing operations from Far East to United States. This is regarded as a significant decision as it will lead firm to haveenhancedqualitywithintheproductsthataredeliveredbythebusiness.Thekey deliverablesof SB is to furnish expertise software which can be utilized within mobile technologies. In addition to this, it has been identified that present product development comprises of both software as well as hardware components(Nicholas and Steyn, 2017). This also comprises of portfolio of peculiar projects which are not delivered to customers or their clients. Along with this, the other deliverables of peculiar firm is involved in development of tablet computers by having a partnership with DDC (external consultancy firm). While carrying out functions, it has been identified that project may not be successful; the reason behind this is that there is a lack of adequate management of activities that are conducted within working premises(O'brien, 2019). For dealing with aspects, SB has opted for making use of different methods like Agile (Scrum) which is being utilized for enhancing performance of project. But still by opting for this, firm did not have adequate results. In addition to this, product development project of SB also encountered various changes like manufacturing locations were
changed but still project was not successful. Vision of firm is to amplify competences associated with software development by which firm can have competitive edge within the marketplace. For ensuring this, they have acquired WN which is a manufacturing organization and deals within production of mobile phones. This will enable them to amplify their competencies by ensuring that they furnish quality products(Okereke, 2020). In addition to this, for being successful SB utilized different methodologies along with making alterations within their strategic goals as well as objectives. Firm has faced certain challenges in which some of their projects were successful and others were not able to gain them adequate customer base. SB has also faced issues associated with managing aspects associated with software development. Their project tablet computer was also not successful as it provided customers with restricted user interface which means that if customers are not satisfied with services that are being delivered by firm then it will be difficult for them to sustain within the marketplace for longer time frame(Schulz, van der Woud and Westhof, 2020). Apart from this, the manufacturing facilities are also not controlled in an appropriate manner as per scope and requirements of their potential customers. Classify and evaluate scheduling issues While carrying out different projects simultaneously for boosting up performance of business, firm have experienced wide range of challenges like poor quality, management, etc. For resolving issues within their operations in 2 years, SB has opted for different approaches, they are mentioned below: Agile Method or Scrum Method:This methodology is utilized by firm for improvising performance of system development project. But by implementing this, SB was not able to attain desired results and have failed. Agile is framework that is light in nature and can be utilized withinmanagingaswellascontrollingiterativeprojects.Here,teammemberstowork collectively for identifications of overall functions that will be delivered by system(Siti-Nabiha, Jeyaram and Jalaludin, 2020). This method needs higher degree of involvement and commitment from team if they want that project must succeed as well as accomplish desired requirements. P3M3 (Portfolio, programme and project management) Model:This is liable for outlining method by which firm can furnish project, portfolio and programme. P3M3 aids within
assessment of their currentperformance and accordinglyformulateplansby which their operations can be improvised in an affirmative manner with respect to future. This model is responsible to aiming sure that project on which firm is working on can be utilized practically. Bymaking use of this approach, SB can identify how they can execute their projects in adequate way. This implies that P3M3 will aid all the departments on the whole. The advantage that can be attained by making use of this system is that by executing this, firm will be able to make comparison with their competitors in terms of performance(Smith and Dodds, 2017). Along with this, strategic ideas can be implemented by making use of this model. P3M3 is utilized for identification of maturity of management within a firm as well as organize measure as well as structure their activities within simple and practical way. Agile model is being used within progressive report that is delivered to customers within small time frame. This will lead to improvise overall performance as well as quality of products that are being offered to their probable customers. Furnish risk management strategies for identification of key The process that is associated with identification, evaluation as well as prioritizing risks that will enable to develop strategies in effective manner is referred to as risk management. By taking into consideration issues and risks at the initial stages, management can find out appropriate measures to handle them in an appropriate manner(Smyth and Duryan, 2020). With respect to SB, they have identified the issues which are hampering their operations and for this reasons they have opted for acquisition of WN. This will aid them to enhance quality of their business by furnishing quality products in context of technology to their customers. While doing this firm has experienced wide range of risks, some of these are mentioned below: Inadequate technology:With respect to SB, this issue is major for them as they deal within development of software and if it is not adequate then it will be difficult for them to survive within the market. Furthermore, they will not be able to render high quality technology services to their customers. Working style:This is other essential risk that creates a direct effect on business functions and operations of SB as they are making use of traditional methods for managing their activities and it is not apt for them(Vidgen, 2020).
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New products development:As per this risk, the firm is going through issues associated with cost and time. Along with this, firm is not able to furnish high quality services due to these aspects. Unemployment because of acquisition:This will occur due to the reason that SB will take or acquire WN that will lead to job loss for the employees of later. Manufacturing issues:This is the major risk that is experienced by SB while delivering their functions and operations as employees cannot carry out their operations in an adequate manner and will also create mismanagement of their resources(Williams, 2020). The main issues that are being experienced by SB while carrying out their business operations by acquisition of WN. Along with this, it is crucial to carry out analysis by formulation of risk management strategies. Furthermore, it is essential that firm must opt for probable mitigation processes, they are illustrated beneath: Recognize risk:It is essential for SB to determine probable events with which risk is associated. This may be in the form of vulnerabilities which are present within their formulated software and products thatwill influence their business(Bakar, 2020). Perform a risk assessment:With respect to this, firm will identify quantitative risks associated with each project or event carried out by SB by weighting the probable effect and their occurrence. Prioritize:Within this phase, SB needs to prioritize each as well as probable risks that will assist within development of decisions. This will aid firms within determination of time duration that is needed for resolving issues adequately. Track risk:As per this stage, SB needs to follow as well as keep monitoring each as well as every risk because it will enable them to identify probable risk for organization and conduct their operations accordingly. Execute and monitor progress:This is the last stage of peculiar plan as per which management of SB will execute strategies according to risk handling plan which is formulated to attain desired goals and vision in peculiar time frame(Engelbrecht, Johnston and Hooper, 2017).
Ways in which firm must structure as well as organize their programme Organization structure is regarded as technique or method with respect to which firm can carry out their business functions as well as operations. This will furnish management with adequate ways with respect to ways in which they are carry out their operations in structured manner. There exist various kinds of organizational structure like dynamic, matrix, functional and various others(Gooberman, 2020). With reference to SB, they are rendering their business functionalities by making use of functional organizational structure. Within this structure, departments or group are dependent on skills and abilities of employees. There exist wide range of issues that are being faced by firm while carrying out their businesses such as poor management, low quality technologies, unemployment and many others. For resolving these issues, firm must opt for adequate number of strategies like motivating their employees by which they can carry out their work in an effectual way. Along with this, management must formulate adequate motivational programmes by which they can inspire their employees. Along with this, management of SB have to develop policies, rules and regulations as per both home and their host country, they are United States and Europe. This will assist them within carrying out their business operations in an effective and smooth manner. Along with this, management needs to conduct market analysis in a continuous manner for identification of issues at initial stage only(Just, 2020). Furthermore, it will assist them within development of strategies along with actions plan in an affirmative manner for resolving distinct challenges in an adequate manner. SB have wide range of stakeholders that will assist them within formulation of decision making like suppliers, owner, clients, government, board of directors and various others are there. The majorstakeholdersof firmare employees, owner of SB and WN, suppliers, management, etc. It is crucial of the organization that stakeholders must take view points of their stakeholders to ensure that they furnish quality technology for attaining competitive edge within marketplace. Determine programme control methods for management of transformation The identification of approaches and procedures that are being utilized by organization for controlling as well as managing business practices for accomplishment of desired goals is referred to as programme control(Louth and Spragg, 2019). This is essential for management to identify as well as determine distinct kind of methods associated with programme control as it
will assist within supporting transformation processes of business. Some control methods that can be utilized by SB are illustrated below: Cybernetic control: This is one of the common kinds of control method or technique that can be utilised by firm for determination of programme outcome. It is utilised for attaining input and output. SB can attain relevant benefits by making use of this model by having efficacious control over their programmes for attainment of their desired goals (Martinsuo and Hoverfält, 2018). But the major restriction associated with this is that, it emphasise on outcome of project that will create a pessimistic impact on their working processes. Go/ No-go control:It comprises of testing of services as well as products for making sure that all the needs are accomplished efficaciously. By opting for this model, SB will be able to test their system along with software in an effectual way that will further aid within decision making processes. The major advantage that can be attained by firm by making use of this model is that it will lead SB to test and carry out initial corrections in errors(Nicholas and Steyn, 2017). The limitation of this is that it is a time consuming process as each unit has to be tested. By carrying out analysis of both Go/No-go and Cybernetic control, it has been identified that cybernetic will be apt for firm for acquisition of their desired results. Along with this, it will also enable them to deliver high quality products to their customers. This will not only aid them within development of milestone but will also set up higher standards and accordingly SB can conduct their operations. In addition to this, the key milestone is deliverables of project that will aid them within having manufacturing of quality software for their probable customers. Critical evaluation for procuring , contracting and supplier selecting consultancy contract For taking adequate decisions associated with business functions and operations of firm for carrying out various aspects that are required for identification of distinct methods associated with peculiar practices(O'brien, 2019). Management of SB needs to take decisions by which they can operate their operations effectively for gaining competitive edge. Some methods are specified below that can be utilized by organization:
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Procuring:There are different methods that can be used by firm for developing centre of excellence. The methods that can be used by SB are: Tradition method: With respect to this, consultant is liable for developing aspects related with management of operations associated with developing within new location. Here, contractor is accountable for maintaining business activities(Okereke, 2020). Managementcontracting:Thisistheconsultant’sliabilityfordesigningbusiness activities and contractor is liable for managing business activities. For this, specialized contractors are being hired to ensure that operations are carried out adequately. Selection of suppliers:SB can select their suppliers by making use of two operations so that they can have relevant material for attainment of desired objectives as well as goals. With respect to this, firm directly select or may provide opportunity for vendors so that they can select suppliers as per requirements(Schulz, van der Woud and Westhof, 2020). Both of them are significant for SB for having an advantage by selecting direct method as cost involved in this is low but time required is more. The other method furnishes opportunity to vendors but cost involved is very high. Contracting the consultancy:For carrying out this, SB can opt for direct contact with consultancy or by involving third party within. If firm opts for direct meeting then it will be cost efficacious and requirements of others can be understood easily but it needs more time. If meeting is carried out by involving third party then there will be extra cost but activities can be conducted in an efficacious manner and at peculiar time interval. Conclusion From above, it can be concluded that, it is essential for each firm to ensure that they carry out their operations in an effective manner to ensure that business project are conducted as per desired standards. This will aid them within attainment of their objectives as well goals in an appropriate manner.For this, it is necessary that, firm must be aware about what they want in terms of their vision statement and for this business case has to be developed. In addition to this, firm must identify scope along with deliverables associated with project as it will aid them within development of strategical plan. Furthermore, scheduling of processes can be carried out and management needs to carry out risk management strategies that will lead to effectual
programme management by attaining desired goals. Along with this, firm need to identify probable methods for contracting and supplying as it will enable to deliver services with adequate quality standards formulated by them.
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