Thursday, October 31, 2019

Motor Cycle Essay Example | Topics and Well Written Essays - 1500 words

Motor Cycle - Essay Example Provide a rationale for the response. A project organization is a formation that allows the management and execution of project tasks. Its primary motive is to create a setting that promotes communications amongst the group participants with a minimal amount of disorder, conflict and overlap. One of the significant results of project management is the type of managerial structure that will be applied for the project. Every project has its exclusive features and the framework of a managerial outline must deem the organizational background, the project attributes in which it will function, and the range of power and control the project manager is delegated with. A project framework can take on a variety of types with every type having its own benefits and limitations. One of the key purposes of the structure is to lessen uncertainty and perplexity that characteristically takes place at the project commencement stage. The type of project organization explains the relationships amongst a ssociates of the project team and the link with the outside ambience. The structure exhibits the ability through the way of a graphical diagram referred to as an organization chart (PROJECT MANAGEMENT FOR DEVELOPMENT ORGANIZATIONS, 2007). For the present scenario a suitable project organization should be developed for manufacturing larger touring class motor cycles.... In this type of structure the project manager exerts total control over the essential resources and the project tasks necessary to attain the aims from within the parent management or from staying away from it, subject to the quality, budget and scope restraints recognized within the process involved in the completion of the project. For manufacturing larger touring class motor cycles it would be appropriate to choose the project based structure since a project manager is involved in this specific structure who would handle the organization’s new project of manufacturing large touring class motorcycles. The recommended steps for the organization are- Surveying the market for getting the response of the customers regarding the large touring class motorcycles. This will help the firm to acquire important information about the customer’s choice and competitor’s product. Considering all other environmental forces like political, economic, social, cultural, legal and technological factors and their effects on the product. Implementing the feedback collected from the market in efficiently developing a sample product. Marketing a few sample products to find out its level of acceptability. Finally setting up the product development framework. 2. Recommend one (1) strategy to the senior executives that the organization might use to balance short- and long-term needs. Specify the crucial resources that you would need as a project manager to run the existing business interests at the same time that the business changes to the production of touring class motorcycles. A strategy suitable for the senior executives which can be implemented by the firm to strike a balance between the short and long term requirements is the application of

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