Project Management Case Study by Jay Writtings LLC
Looks at a project management case at Vanguard of Canada.
# 117634 | 1,815 words | 3 sources | MLA | 2009 |
Published on Dec 13, 2009 in Business (Finance, Investment and Banking) , Business (Management) , Business (Human Resources) , Canadian Studies (Business Issues)
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This paper explains that Vanguard of Canada has a budgetary excess and has told its departments to write a proposals, maximum value of $25,000, to solve the problem in its operations and product management. The author proposes that a training program in project management would be the best way to invest this money. The paper describes the training method for a stage-gate profile management system, which is a means of screening projects as they progress.
From the Paper:"This training method that is to be taught to the operations and product managers, high and low level alike, is that of portfolio and project management. Project management is the process of considering a company essentially a portfolio of individual projects, each of which is to be held accountable to a standard of return. The overall portfolio will have a rate of return necessary to cover the total cost of the firm's financing. However, each individual project also has its own level of accountability which it must meet."
Sample of Sources Used:
- Cooper, Robert. Winning at New Products: Accelerating the Process from Idea to Launch. New York: Basic Books, 2001.
- Anavi-Isakow, S. "Managing multi-project environments through constant work-in- process." International Journal of Project Management 21.1 (2003): 9-10.
- Bradfield, D.J. Gao, J.X. " A methodology to facilitate knowledge sharing in the new product development process. " International Journal of Production Research 45.7 (2007): 1489-1504.
Cite this Case Study:
Project Management (2009, December 13) Retrieved June 07, 2023, from https://www.academon.com/case-study/project-management-117634/
"Project Management" 13 December 2009. Web. 07 June. 2023. <https://www.academon.com/case-study/project-management-117634/>