Supply Chain Management.

Supply Chain Management

Table of Contents
Part A –General Overview (2500 words)...........................................................................................1
Part B –Project Planning (250 words)................................................................................................1
Part C –Budget Creation (250 words)................................................................................................1
Reference..............................................................................................................................................1
Appendix B.1‐ Original Gantt Chart (5 mon)...................................................................................1
Appendix B.2 ‐Updated Gantt Chart (3mon)....................................................................................1
Appendix C.1‐Original Budget (280,000)...........................................................................................1
Appendix C.2 –Reduced Budget (210,000)........................................................................................1
Other Appendices................................................................................................................................1

Part A –General Overview
1.0 Introduction
Project management refers to the application of methods, processes, skills, knowledge,
and experience for achieving the objectives of a project, to effectively compete in the
respective markets. A project is required to meet the planned objectives, which could be
defined as outcomes, outputs or benefits. The project can be successful only if it meet the
objectives based on the acceptance criteria, within an agreed timescale and budget.
Additionally, quality of the project increases the success of the project.
A project’s success is measured in terms of Time, Cost and Quality (TCQ). For a successful
project, minimum time and cost along with maximum quality are required i.e.,
Project success = min time + min cost + max quality.
Functions of Project Management
Figure: Turner’s five-functions of project-based management
According to Turner, time, cost and quality are the constraints, which gets influenced by the
project organization and scope. For favouring a holistic approach to manage the projects, as it
contains critical project outcomes related to performance time, cost and quality, turner has
proposed five project objective that must be maintained. Therefore, the functions of Project
Management by Turner are [2]:
1) Project definition
2) Project scope
3) Project Organization
1

4) The triangle of Time, cost and duration.
As per Turner's model, the arrow in the above diagram represents the relationship,
which starts from scope towards the constraints (time, cost and quality) through organization.
Additionally, the scope directly is linked with solid lines to these constraints. It is argued that
to deliver successful project objectives, locating the project definition, project organization
and project scope are necessary.
Therefore, the project management plan ensures to effectively guide all the aspects of a
project throughout the completion of a project, with the main goal to deliver the outcome on
time, within the set budget, and good quality.
Background of the Project
This project revolves around a car manufacturing industry.
The car Manufacturing Industry operates under the following major constraints such as:
1) Fixed Price contracts
2) Cannot comprise quality
This report ensures to make recommendations to the above prime operates of the
respective industry. For addressing the recommendations it analyses the Relationship
between Time, Cost and Quality (TCQ), then its Dynamics and Trade‐Offs, including the
theoretical background and assumptions. Additionally, the Quality Management Framework
for Prime, Quality Control Tools and Techniques, Key Measures and Tactics for Time
Management and how to improve the Competitiveness and Customer Benefits will be
analyzed in the subsequent sections of this report.
2.0 Relationship between Time, Cost and Quality (TCQ)
The following are the triple constraints of project management:
1) Time
Time scheduling refers to a constraint that is utilized for developing and
presenting the schedules, which displays the schedule of each task in a
project to be performed.
2) Cost
2