Vibrant Construction Equipments: Testing Time, Teams, and Tenacity
Swetha Bondalapati, Amol Dhaigude, Sai Karthik Kumar Dharanikota
Product #:W47873
Supplier:Ivey
Discipline:Management Science, Operations Management
Setting:India, 2023
Subjects:
Industries:
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Learning Objectives
The case depicts an opportunity for students to be exposed to general concepts of project management and also and project crashing and project risk management. The case aims to encourage students to use data to accomplish the following objectives:
- Understand and apply project management concepts in the context of the construction equipment manufacturing industry.
- Create a project plan manually or using project management software (e.g., Microsoft Project).
- Apply the concepts of work breakdown structures, precedence relationships, slack (float) time, and critical paths in the context of manufacturing projects.
- Use the concepts of project crashing and evaluate the costs and benefits associated with crashing to create alternative bidding strategies.
- Interpret the concepts of earned value method and project risk management in volatile, uncertain environments and develop data-driven strategies to mitigate risks.