Project Management Assignment: Green Cars

Running head: PROJECT MANAGEMENT
Project Management
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
Table of Contents
1. Proposal and feasibility................................................................................................................2
4. Plan (Schedule)............................................................................................................................3
4.1 Statement of work (SoW)......................................................................................................3
4.2 Specifications of the project..................................................................................................3
4.3 Work breakdown structure....................................................................................................4
4.4 Schedule, milestones and dependencies................................................................................7
4.5 Slack time, earliest start and latest finish for the project.....................................................14
5. Resource and cost plan..............................................................................................................20
5.1 Estimates relevant for the project........................................................................................20
5.2 Pricing estimation and resource allocation..........................................................................20
5.3 Risks affect cost and schedule.............................................................................................27
5.4 Monitor performance in the project.....................................................................................27
Bibliography..................................................................................................................................28

2PROJECT MANAGEMENT
1. Proposal and feasibility
An event is conducted based on the theme of “green cars”, in which the design is
presented at exhibition of futuristic car designs. Six of the students of an academy wishes to
create new green and budget electric car to start a new international business. In order to analyze
if the project decision is feasible or not, SWOT analysis is conducted:
Strengths Weaknesses
1. The Entrepreneurial Management
Academy can access to the new market
with advantage over the competitors
those are not focused on green electric
cars.
2. The Academy can charge premium on
the products which are seen as eco
friendly.
3. Green marketing of the electric cars
builds of brand equity and loyalty
among the customers.
1. Some of the team members have lack
of knowledge on technical field
2. There is weak marketing
communication channel.
3. There is low brand awareness about the
electric cars.
Opportunities Threats
1. Low taxes are to be given for the eco-
friendly cars.
2. There are no charges for congestion.
1. There are rapid changes into the
customer preferences.
2. There is uncertainty if green marketing
activities are to be acceptable from the

3PROJECT MANAGEMENT
3. The marketing to segment those are
becoming more environment friendly
aware.
government side.
3. There is an increase into cost of inputs.
From the SWOT analysis, it is analyzed that the project decision is feasible for the
organization as it would adopt a green environment in the mind of people. The academy is
characterized such an electric car which is environmental friendly.
4. Plan (Schedule)
4.1 Statement of work (SoW)
The business needs a product development and launching of greencar which deliverables
a pollution free car in the market. The period of time taken to conduct the work is 160 days,
started from11st January and end date is 22nd August, 2018. The total budget of the project is
$60,400. There is good employee and vendor relationship exists which is the main cause of
successful completion of the work.
4.2 Specifications of the project
The specification of the project is based on development of Greencar. The environmental
impact of the car is less pollution, renewable energy (recharge from solar energy), and
manufactured using eco-friendly materials. The designing aspects are electric engine, braking
system, motor controller, drive system.

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4.3 Work breakdown structure
In table format, the WBS is:
WBS Task Name
0 Greencar product development and launch
1 Idea generation
1.1 Identify the requirements of the customer
1.2 Evaluate the quality of existing products
1.3 Defining the objectives of new car
2 Concept design
2.1 Create idea generation
2.2 Refine the concepts
3 Feasibility study
3.1 Check for the strategic feasibility (SWOT)
3.2 Check the marketplace
3.3 Checking the technological capability
3.4 Checking for the financial feasibility
3.5 Checking for resources availability
3.6 Making the decision to proceed the greencar
development
4 Detailed design
4.1 Setting the product specifications
4.2 Designing the key characteristics of the product
4.3 Product drawings
4.4 Product prototype

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5 Testing of the product
5.1 Testing the product as per user satisfaction
5.2 Testing the key characteristics of the car
5.3 Identification of team for testing the car
6 Finalize design
6.1 Review the product design
6.2 Approval from the board
6.3 Revise the product design
6.4 Freeze the product design
7 Setting up the production of greencar
7.1 Procure the manufacturing abilities
7.2 Design the tools
7.3 Building the tools
7.4 Modification of the product
7.5 Obtain the equipments
7.6 Start up the production
7.7 Testing the plan
7.8 Verification of quality tolerances
7.9 Production in volume
8 Arrangement of the marketing
8.1 Identification of the key benefits of the product
8.2 Identification of potential users
8.3 Planning the marketing strategies
8.4 Production of brochures and adverts
8.5 Produce the advertising campaign