POM+ ProjectSqueezing the Juice Out of the Beverage Market

POM+ Project

• Introduction• Priority Matrix• Work Breakdown Structure• Critical Path

POM+ Project

• Resource Allocations• Earned Value Cost Indicators• Earned Value Schedule Indicators• Conclusion

Introduction

• Big Kola Company soda sales• Losing profits• Emerging Specialty Juice Market• Market Research• POM+ Project

POM+ Priority Matrix

Time Scope Cost

Constrain X

Enhance X

Accept X

Work Breakdown Structure

• Research & Development• Secure Fruit Suppliers• Initial Production• Distribution• Legal• Prepare Product Launch

Critical Path

• Need survey• Set product specs• Shelf life report• Secure fruit suppliers• Equipment rehab

Critical Path, continued

• Production trials• Quality trials• Quality metrics• Quality training• Prepare product launch

Critical Path, continued

• Production trials• Quality trials• Quality metrics• Quality training• Prepare product launch

Gantt Chart- Critical Path

ID

123456789101112131415161718192021

12/11 12/18 12/25 1/1 1/8 1/15 1/22 1/29 2/5 2/12 2/19 2/26 3/4 3/11 3/18 3/25 4/1 4/8 4/15 4/22 4/29 5/6 5/13 5/20 5/27 6/3 6/10 6/17 6/24 7/1 7/8 7/15 7/22 7/29 8/5 8/12December January February March April May June July August

Resource Allocations

Resource Available Hourly Rate

Marketing 5 $80/hr

R&D 5 $80/hr

Engineering 10 $100/hr

Purchasing 2 $60/hr

Quality 3 $80/hr

Designers 3 $60/hr

Legal Staff 3 $120/hr

Production 20 $60/hr

EARNED VALUE MANAGEMENT

Earned Value Cost Indicator

• CPI- .70• EAC- $2.4 million• BAC- $1.7 million• VAC- $710,000• TCPI- $1.15

Earned Value Schedule Indicator

• SPI- .69• SV%- .31• SV- $184,000

Earned Value Management crucial to project success.

Conclusion

• Business savvy• Priority Matrix• EVM

REFERENCES

Cohen, M. W., & Palmer, G. R. (2004). Project Risk Identification and Management. AACE International Transactions, 1. Business Source Premier, EBSCOhost

Davies, J. R. (1995, November 6). Using work breakdown structure in project planning. Plant Engineering,49(14), 54+. Retrieved from http://go.galegroup.com/ps/i.do?id=GALE%7CA17985584&v=2.1&u=klnbsouthwest&it=r&p=AONE&sw=w

Larson, E. W., & Gray, C. F. (2011). Project management, the managerial process (5th ed.). New York, NY: McGraw Hill Irwin.

REFERENCES

Poletti, B., & Marcoux, R. (2008). Performance indicators for project management. CMA Management, 82(6), 24-28. Business Source Premier, EBSCOhost.

Slack, N. (1994). The importance-performance matrix as a determinant of improvement priority. International Journal of Operations & Production Management, 14(5), 59-59. Retrieved from http://ezproxy.sckans.edu/login?url=http://search.proquest.com/docview/232337910?accountid=13979