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TERadyne –jaguar project: Impact of Project Management Tools

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Added on  2019-09-20

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This paper analyzes the impact of project management tools on the TERadyne Jaguar project, which was a significant departure from traditional project execution strategies. The project required a cultural change, adoption of new project management tools, and rigorous planning and design. The impact of these changes on the project and lessons learned are discussed.
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TERADYNE –JAGUARPROJECT[Document subtitle]NameSubmitted toDate[DATE][COMPANY NAME][Company address]
TERadyne –jaguar project: Impact of Project Management Tools_1
Table of ContentsIntroduction......................................................................................................................................2History.............................................................................................................................................2Culture.............................................................................................................................................2Project Execution Strategy..............................................................................................................3Project Teams..................................................................................................................................3Design and planning........................................................................................................................4Project Management Processes and Tools.......................................................................................4Impact of Project Management Tools..............................................................................................4Cultural Change...............................................................................................................................5Adoption of Project Management Tools..........................................................................................5Risk Analysis and Scope Creep.......................................................................................................5
TERadyne –jaguar project: Impact of Project Management Tools_2
IntroductionAs the project lead of the Teradyne’s Jaguar project, Jack O’Brien was sitting in the traffic on this way towards office he thought of the efforts of his team being placed in the last eight years. The Teradyne organization is the manufacturer of semiconductor test machines and is awaiting for the new full testing equipment to arrive. This project was highly important for Teradyne as it included the formalized took for the purpose of project tracking, up-front project planning and structured development process. The project has been a success despite for all the learning curve imposed by the new methodologies however, the software was seen to suffer and O’Brien was working on deliverables. The paper analyzed the traditional project execution strategies as compared to the Jaguar project, impact of new project management tools on the project and lessons learned from the experience.HistoryTeradyne is 45 year veteran in the field of semiconductors and specialized in the testing of electrical components like transistors etc. The company was found by two MIT graduates in 1960 with a motive of brining a line of fast and reliable testing equipment. With the increase in complexity and volume of components the R&D investment of Teradyne also increased. The organization stepped into broadband test, assembly test, semiconductor test and diagnostic solutions. In became the largest business operation that produced two third of the annual revenuein 2004.CultureThe organization has a strong background as all the engineers come from engineering background. Every project was driven by performance and the technical competence remained strongly focused. The engineers were constantly motivated to prove themselves and to dive in
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