Hmm...its been awhile since i update my blog...it have been a busy week for me and this coming week it will be worst.
so many things to complete and so little time and i could not split myself up.
Alright back to topic
During tutorial lesson we had a wonderful time talking about our crazy idea (hover board) but best of all we had a ice cream treat before the lesson begin hah .
well well i got sabotage by the group to be the group leader so i had to do a short presentation of our hoverboard idea.hmm so i was just thinking about coke and mentos so i think why not we just make use of mentos and coke to let us fly around =) crazy ya ? but you never know till then..... next we were given our first tut to complete by 4th Nov 23.59 basically it is our project details i have listed it down below
TUTORIAL 1
CLASS: DEB 2A22
Group Leader: Tan Wei Hao
Group Members: Toh Leong Chin
Timothy Tay
Tan Pei Lan Peggy
1) Project Objectives
• Reduce Pollution
• Reduce seriousness of accident
• Ease traffic congestion
2) Scoping of the project which includes:
Estimate Duration
• Planning 6 Months
• Design
o Idea / Drafting 1 Months
o Gathering Materials 4 Months
o Prototype 4 Months
o Test 6 Months
o Fine Tuning 4 Months
• Market Survey 1 Months
• Test Market 2 Months
• Marketing / Public Relation 2 Months
Estimated Cost
• Marketing $50,000/year
• Material $544 per unit X 12,000 units = $6,528,000/year
• Man Power $381,600/year
• Research and Development $50,000/year
• Manufacturing $150,000/year
• Administrative $10,000/year
• Office $20,000/year
Total $7,189,600/year
Responsibility Matrix
• Project Leader
Analyze all research done by the teammate, Allocate Deadline for all task to be completed.
• Designer
Drafting products, research on design that would interest the public to buy the products
• Accountant
Ensure positive cash flow in the company, ensure budget is not overspent
• Scheduler
Plan out time that the team could have meetings and discussion and ensure all discuss details are been taken note.
Current Issue
• Need to find a suitable material for the product
• Safety issue
• Government intervention
• License issue
• Budget of project
• Man power needed for the project
Man Power Requirements
• Salesman
• Logistics
• Marketers
• Top Management
• Research and Development
• Administrative staff
• Engineers
Resources Requirement
Materials
• Solar Panel [$216]
• Battery [$22]
• Fuel [$2]
• Aerogel (a very light weighted material) [$24]
• Exhaust pipe [$20]
• Motor [$65]
• Wires [$100]
• Bluetooth chip (to connect hover board and remote control) [$15]
• Composite material [$80]
Expenditure
• Factory rental
• Marketing expenditure
• Wages expenditure
• Machinery
• Office rental
• Office furniture & stationary expenses
after which during our lecturer we were given a Outside Class Activity OCA... well i manage to complete it slightly earlier and have it submitted .i would say it wasn't hard but it wasn't easy too , all the example i had to crack my brain and think about it but its a good experience =)
here is my question and ans =)
Wei Hao: List three reasons why a project must be managed.
Illustrate an example to the reasons provided.
1. A project must be managed as every project has a timeline set and the project have to be completed on the specific time, if no one is there to manage it there would be a chance that the project might overshot the time limit that is given and lead to company lost of money and reputation of the company could be at stake.
• Company ABC signed a contract with Company BCD and was suppose to complete the project of building Product #001 by 31th Oct 2010 but due to certain problem encountered by the company ABC was unable to present Product #001 to the Company BCD on time. This might lead to Company have to pay for the loss of Company BCD.
2. A project requires a team to complete it. So every single worker have to be managed to ensure their working performance, this will ensure the project would go on smoothly and work can go on to complete on time. If no one is there to ensure the workers are productive the project might be at risk of failing.
• Team A was tasked to complete Project ABC by end of the week, but due to some disagreement during the meeting about the project, among the teammates in the team they are not cooperating with each other to get the task completed. Thus project should be managed to ensure the team would be productive and the workers would come to an agreement during discussion
3. Projects have to be managed to ensure the qualities of all jobs done are up to standard and safe. If job are done not up to standard it would not only tarnish the company reputation, it might also endanger the life of others.
• Company B was tasked to build a bungalow for Customer A. During the process of the project, due to inflation, the cost of raw materials increased. Thus Team B decided to cut costs in raw materials and ended up buying materials of lower grade. After the project ended, the bungalow collapsed and injured some people. This might lead to Company B being sued by the customer and the injured parties.
well well thats all for now folks time for me to work on other stuff
till then =) ...............
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