Project Management

Learning Goal: I’m working on a industrial design multi-part question and need an explanation and answer to help me learn.

Please complete the following work from the chapters listed below in your textbook. Show detailed work in your submittal and create this in Microsoft Word, Excel, or Project (Time New Roman or Arial, font 11 or 12) document(s) as required; draw any diagrams and/or cut-and paste screen captures into ONE Microsoft Word document.

1.1 What are some of the principal reasons why project management has become such a popular business tool in recent years?

1.2 What do you see as the primary challenges to introducing a project management philosophy in most organizations? That is, why is it difficult to shift to a project-based approach in many companies?

1.11 Compare and contrast the four project management maturity models shown in Table 1.3 . What strengths and weaknesses do you perceive in each of the models?

1.12 The largest professional project management organization in the world is the Project Management Institute (PMI). Go to its Web site,, and examine the links you find. Which links suggest that project management has become a sophisticated and vital element in corporate success? Select at least three of the related links and report briefly on the content of these links.

2.1 The chapter suggests that a definition of strategic management includes four components:

Devpeloping a strategic vision and sense of mission

Formulating, implementing, and evaluating

Making cross-functional decisions

Achieving objectives

Discuss how each of these four elements is important in understanding the challenge of strategic project management. How do projects serve to allow an organization to realize each of these four components of strategic management?

2.7 You are a member of the senior management staff at XYZ Corporation. You have historically been using a functional structure setup with five departments: finance, human resources, marketing, production, and engineering.

Create a drawing of your simplified functional structure, identifying the five departments.

Assume you have decided to move to a project structure. What might be some of the environmental pressures that would contribute to your belief that it is necessary to alter the structure?

With the project structure, you have four ongoing projects: stereo equipment, instrumentation and testing equipment, optical scanners, and defense communications. Draw the new structure that creates these four projects as part of the organizational chart.

Case study

CASE STUDY 2.1 Rolls-Royce Corporation

Although the name Rolls-Royce is inextricably linked with its ultra-luxurious automobiles, the modern Rolls-Royce operates in an entirely different competitive environment. A leading manufacturer of power systems for aerospace, marine, and power companies, Rolls-Royce’s market is focused on developing jet engines for a variety of uses, both commercial and defense-related. In this market, the company has two principal competitors, General Electric and Pratt & Whitney (owned by United Technologies). There are a limited number of smaller niche players in the jet engine market, but their impact from a technical and commercial perspective is minor. Rolls-Royce, GE, and Pratt & Whitney routinely engage in fierce competition for sales to defense contractors and the commercial aviation industry. The two main airframe manufacturers, Boeing and Airbus, make continual multimillion-dollar purchase decisions that are vital for the ongoing success of the engine makers. Airbus, a private consortium of several European partner companies, has drawn level with Boeing in sales in recent years. Because the cost of a single jet engine, including spare parts, can run to several million dollars, winning large orders from either defense or commercial aircraft builders represents an ongoing challenge for each of the “big three” jet engine manufacturers.

Airlines in developing countries can often be a lucrative but risky market for these firms. Because the countries do not maintain high levels of foreign exchange, it is not unknown, for example, for Rolls-Royce or its competitors to take partial payment in cash with assorted commodities to pay the balance. Hence, a contract with Turkey’s national airline may lead to some monetary payment for Rolls-Royce, along with several tons of pistachios or other trade goods! To maintain their sales and service targets, these jet engine makers routinely resort to creative financing, long-term contracts, or asset-based trading deals. Overall, however, the market for jet engines is projected to continue to expand at huge rates. Rolls-Royce anticipates a 20-year window with a potential market demand of 70,000 engines valued at over $400 billion in civil aerospace alone. When defense contracts are factored in as well, the revenue projections for jet engine sales are likely to be enormous. As Rolls-Royce sees the future, the single biggest market growth opportunity is in larger, greater thrust engines that are designed to be paired with larger jet aircraft.

Rolls-Royce is currently engaged in a series of strategic decisions with the potential for huge payoffs or significant losses. It is coupling its latest engine technology, the Trent series, with Boeing and Airbus’ focus on more efficient designs. Airbus’ A350 and Boeing’s 777 and 787 are highly popular and strong-selling models designed to maximize the efficient transportation of air travelers at the lowest cost. To gain market share in powering these jets, Rolls-Royce developed the new Trent XWB engine – the world’s most efficient commercial jet engine. Development of the engine started in 2005 when Rolls-Royce’s engineers sat down with Airbus to design an engine powerful enough to service its A350 XWB (Extra Wide Body) jet, an airframe powered by only two engines. In order for Airbus and Boeing to make their aircraft attractive to airlines, these aircraft must be efficient (that is, cheap to operate) but also powerful enough to carry a large passenger load. The decision to make an initial investment in new engine technology can cost a jet engine manufacturer over $1 billion in non-recoverable costs. As a result, it is critical that Rolls-Royce and its competition make the right strategic decisions about which aircraft to support. Recall from our project profile at the beginning of the chapter that Rolls-Royce invested in servicing the A380 double-decker airplane, whose disappointing sales may result in its cancellation. This potential cancellation will have a serious impact on Rolls-Royce’s bottom line.

Rolls-Royce’s decision to pursue engine design efficiency that pairs up with the Airbus and Boeing models represents a strategic choice for the future. Rolls-Royce anticipates that the commercial passenger market will triple in the next 20 years. As a result, future opportunities will involve more economically viable aircraft. Boeing, Airbus and Rolls-Royce have all collectively taken a large financial gamble that their strategic vision of the future is correct.


Who are Rolls-Royce’s principal project management stakeholders? How would you design stakeholder management strategies to address their concerns?


Given the financial risks inherent in developing a jet engine, make an argument, either pro or con, for Rolls-Royce to develop strategic partnerships with other jet engine manufacturers in a manner similar to Airbus’s consortium arrangement. What are the benefits and drawbacks in such an arrangement?

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Paper Helper has assembled a team of highly skilled writers with diverse experience in the online writing circles. Our aim is to become a one stop shop for all your Academic/ online writing. Check out below our amazing service!


Essay Writing Services

At Paper Helper, we prioritize on all aspects that creates a good grade such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines. The principal purpose of essay writing is to present the author's evaluation concerning a singular subject about which they have made. Since Professionalism is the mother of every success, try our team of experienced writers in helping you complete your essays and other assignments.


Admission Papers

You have been trying to join that prestigious institution you long yearned for, but the hurdle of an admission essay has become a stumbling block. We have your back, with our proven team that has gained invaluable experience over time, your chance of joining that institution is now! Just let us work on that essay.How do you write an admission essay? How do you begin the essay? For answers, try Quality Custom Writers Now!


Editing and Proofreading

Regardless of whether you're pleased with your composing abilities, it's never an impractical notion to have a second eye go through your work. The best editing services leaves no mistake untouched. We recognize the stuff needed to polish up a writing; as a component of our editing and proofreading, we'll change and refine your write up to guarantee it's amazing, and blunder free. Our group of expert editors will examine your work, giving an impeccable touch of English while ensuring your punctuation and sentence structures are top-notch.


Technical papers

We pride ourselves in having a team of clinical writers. The stringent and rigorous vetting process ensures that only the best persons for job. We hire qualified PhD and MA writers only. We equally offer our team of writers bonuses and incentives to motivate their working spirit in terms of delivering original, unique, and informative content. They are our resources drawn from diverse fields. Therefore your technical paper is in the right hands. Every paper is assessed and only the writers with the technical know-how in that field get to work on it.


College Essay Writing

If all along you have been looking for a trustworthy college essay service provider that provides superb academic papers at reasonable prices, then be glad that you search has ended with us. We are your best choice! Get high-quality college essay writing from our magnificent team of knowledgeable and dedicated writers right now!


Quality Assignment/Homework Help

We give the students premium quality assignments, without alarming them with plagiarism and referencing issues. We ensure that the assignments stick to the rules given by the tutors. We are specific about the deadlines you give us. We assure you that you will get your papers well in advance, knowing that you will review and return it if there are any changes, which should be incorporated.

togel macau togel terbesar bocoran admin jarwo data macau