Electric Car Project: Analysis of Risks, Network, and Stakeholders

This report analyzes an electric car project, likely related to Volkswagen's electric vehicle initiative, covering various aspects of project management and business analysis. The report begins with an introduction to electric vehicles, highlighting their advantages and challenges. It then delves into a risk assessment, identifying potential threats such as high raw material costs, parts integration problems, and the possibility of testing errors. A network analysis is presented to visualize project connections and dependencies. The report includes a stakeholder analysis, evaluating the impact of different stakeholders like project managers, mechanics, customers, and labor. Furthermore, the report discusses the pros and cons of the project, motivation factors based on McClelland's Human Motivation Theory, and references relevant literature. The analysis encompasses project risks, network structures, stakeholder impacts, and motivational aspects, providing a comprehensive overview of the project's complexities and potential for success.

Enterprise resources

Contents
Introduction.................................................................................................................................................3
MAIN BODY..............................................................................................................................................3
REFERENCES............................................................................................................................................8

Introduction
In the above part A, information about a project has been mentioned which is related to
developing an electric car (Meckling and Nahm, 2018). Electric cars have low operating costs as
they have fewer rotating maintenance components and are therefore very ecological because they
use less to no fossil fuels (petrol or diesel). While some electrically operated electrostatic
vehicles use lead acid batteries or nickel metal hydride batteries, lithium ion batteries are now
considered as common, as they have an extended lifespan and are outstanding for storing energy
at just 5 percent a month self-discharge cost. Notwithstanding these increased reliability,
problems remain with the thermal run-up batteries that have triggered fires or explosions in Tesla
model S for instance, while attempts have been made to imitate them.
MAIN BODY
Possible risk for project:
The risk evaluation practices have been adapted to the administration of the project. PMI defines
project risk as an unexpected event or circumstance that has a significant impact on the
objectives of a project, whatever it occurs (Danielis, Giansoldati, and Rotaris, 2018). The
likelihood, high or low, that a hazard will harm someone is a possibility. For example, behaving
alone outside the workplace may be a hazard. The risk of legal jeopardy is likely to be high. The
above listed threats are as follows in connection with the Volkswagen Company’s electric
vehicle project:
• Higher raw material costs – This is a major challenge facing the company above. The reason
why Volkswagen designs and manufactures cars based on fuel is that. They have no electric
vehicle knowledge. Thus, because of lack of experience, they can purchase raw materials for the
car at greater expense.
• Parts integration problem - the firm has little experience in electric cars, as mentioned above.
Thus, the relationship between incorporation of all car components cannot be affected properly.

• Failure to sell- This is also an additional factor that may lead to project inefficiency. In the UK,
the manufacture of electric cars isn't so many firms. Therefore, hybrid cars are not believed by
consumers. That is also a possibility that the above-mentioned company project might pose.
• Possibility of error following tests - A spectrum of error could be encountered above the
corporation during the electric car testing. This is because the firm above cannot plan a precise
car at a time. Too many problems will lead to longer and more expensive.
Network analysis of project
Network analyses (NA) are a group of related approaches to describe connections between actors
and to analyses the social processes resulting from the recurrence of those relations (Zhgulev,
Bozhuk, Evdokimov and Pletneva, 2018). The basic principle is that the study of human
experiences provides better views on social phenomena. The study of the network enables one to
develop, plan, coordinate, track and take measures to effectively progress the project in the
minimum available resources in the shortest time allotted. The project network diagram of the
organization above is generated in such a way:
Stakeholder analysis of project:
A stakeholder analysis is the process of evaluating a system and future changes for some and
stakeholders. This feedback is used to decide how the project policy, law, proposal or other
action plan will fulfill their shareholders' wishes. Before establishing any kind of competitive

business, a stakeholder analysis may be strategically useful. The more above shareholders will
consider early on, and the more the communication will be customized to promote and
appreciate the various types of shareholders, the more the project success can be.
Stakeholder Impact on project (1 to 5
scale)
Role or importance
Project manager 5 In the dimension of the above business
plan, the position of the project manager
is too decisive. As a project manager, a
number of privileges and responsibilities
are available for coordinating a project.
Mechanic 4 The position of a project manager is
important because it is only possible to
achieve the above project if mechanics
use their full expertise to prepare the
vehicle.
Customers 4 Such parties are also essential for the
progress of the above-mentioned
initiative. This is because as buyers are
happy with electric vehicles, more cars
are bought.
Labor 3 The workforce is also essential to the
progress of this project, as it becomes
easier to perform all project work if the
workforce is highly qualified.
Analysis of project:
An electric vehicle is a car powered by one or more electric engines with battery powered
electricity (Enyedi, 2018). Electric cars are cleaner, have no emission of exhaust, and are lighter
in pollution compared to local fuel cell (ICE) vehicles. In the US as of 2020, thanks to lower
fueling and repair prices, the net costs for new EVs are cheaper than for the comparable ICE

vehicles. Charging an electric vehicle can be achieved at a number of charging stations; both in
homes and in public places these battery packs can be placed. Several organizations have
established policy incentive systems for plug-in, tax, subsidy and other non-mobile cars. Many
countries have developed federal subsidies for plug-in, levy, discounts and other non-monetary
benefits for electric cars. A number of states have phased out fossil fuel cars, and California, one
of the biggest car markets, has an executive order prohibiting new diesel fueled vehicles from
being sold by 2035.
Pros of project
According to this debate, we may assume that in the near future the project would yield better
profits and that the investment evaluation process was justified.
Plan success is excellent and will be completed within 30 days at a fixed date.
Cons of project-
The lack of knowledge in the production of electric cars will contribute to higher costs and times
in this project.
The project is also 50 percent complete, but we can see that it took too long to execute the job
rather than the planned time to complete it.
Motivation towards project- This principle of encouragement has been used in such a way to
measure the inspiration of the venture below-
McClelland's Human Motivation Theory states that any person has one of three key factors:
achievement, membership, or power. These influences are not implicit; we develop them through
our culture and our life experiences. People try to solve problems and achieve goals. The
problems and goals are solved by the successors. Many people who have a strong desire for
membership do not want to stand alone or take a gamble, and they value relationships, in
particular. Those with a strong authority motivator like to rule and control people.
In relation to above project, this theory has been explained and linked in such manner-

Achievement – Difficult, but not impossible challenges are required for people who are inspired
by achievement. They work on resolving difficult problems or situations, so don't forget to
involve them. People with performance guidance either work independently or with other high
results. The role is performed by someone who has an intrinsically worthwhile need for
achievement and is not necessarily accompanied by substantial encouragement. While it wants to
raise revenue, the success of work itself is more satisfactory than merely the payment in cash. In
connection with the above-mentioned business project, its project is almost 45%. While he
wants to raise revenue, he is more pleased with the accomplishment of his own work than with
currency. In the background of the above-mentioned initiative, the project was almost 45%
completed and would be beneficial for motivating other workers. This is because fast project
growth can be helpful in motivating more workers.
Affiliation- In a group setting, association-driven individuals function best, so that they are
combined with a community where necessary (individuals working alone). They don't like
volatility and threat. Therefore, whether you do tasks or operations, leave the dangerous ones for
others. Persons with high standards of association are satisfied that they are welcomed by others
and tend to refuse pain (Helmers and Weiss, 2017). They want to interact and be how human
beings feel, and because they are social animals they welcome them. So people with these needs
enjoy friendly social experiences in times of crisis, love the feeling that they are intimate and
like. Thus, people with these needs want to maintain free social interactions in crisis times, enjoy
the sense of intimacy and want to help and console others. With a justification for the above-
mentioned company mission, it can be claimed that each role is matched and will lead to more
workers being effectively attracted and motivated.
Power- Employees with a strong power demand work better while they are in charge. In key
target tasks or events they perform well and they like competition. They may also be very
effective in debates or where someone has to be convinced about an idea or a goal. The ability to
induce or influence the actions of others is power. Persons with high power requirements play a
leading role in the company to exercise authority and leverage them on others. They are mostly
vocal, vigorous, difficult, helpful, not sentimental and they like to talk. It can be claimed that any
worker has authority to use right in the form of the above business plan. They're mostly vocal,
vigorous, aggressive, helpful and not sentimental, and they like to speak. In the case of the above

business initiative, the power to use each employee to finish the project can be used, and the
power allocated can be helpful in motivating an expanded amount of personnel.

REFERENCES
Meckling, J. and Nahm, J., 2018. When do states disrupt industries? Electric cars and the politics
of innovation. Review of International Political Economy, 25(4), pp.505-529.
Danielis, R., Giansoldati, M. and Rotaris, L., 2018. A probabilistic total cost of ownership model
to evaluate the current and future prospects of electric cars uptake in Italy. Energy
Policy, 119, pp.268-281.
Zhgulev, E., Bozhuk, S., Evdokimov, K. and Pletneva, N., 2018. Analysis of barriers to
promotion of electric cars on Russian market. Engineering for rural development, Elgava
(Latvia), 17, pp.2110-2117.
Enyedi, S., 2018, May. Electric cars—Challenges and trends. In 2018 IEEE International
Conference on Automation, Quality and Testing, Robotics (AQTR) (pp. 1-8). IEEE.
Helmers, E. and Weiss, M., 2017. Advances and critical aspects in the life-cycle assessment of
battery electric cars. Energy and Emission Control Technologies, 5, pp.1-18.