there are too part will be developed by our company from a hightechnology company. but our company technology can't meet the parts requirement. if we manufacture these part, we can earn much money and improve our company reputation. we do it then we will have a very tough time. if we don't there is a big chance will lose. what should we do? how will you suggest your boss in project analyses. Saving Changes...
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Pooja GuptaDelivery Manager/Partner| TCSDelhi, Delhi, India
In such cases, we usually do feature driven analysis on the basis of Survey/Brainstorming.
Here you have to see as per the project -
a) who all are the Customers for this Project and what are the requirements in market.
b) If Part requirements are not meeting then what will be the impact. You have to do the Risk based analysis as per the impact.
c) You can apply SWOT analysis for the project and take the judgmental decision.
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1 reply by Tony Yang
Jul 13, 2017 10:53 PM
Tony Yang
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Thanks for your reply. i will suggest my project manager about that.
For your risks to be effective they need to be identified, assessed and controlled, don't forget risks can be either a threat or opportunity.
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1 reply by Tony Yang
Jul 13, 2017 10:54 PM
Tony Yang
...
Thanks for your reply. i agree with u.
Saving Changes...
Tony YangPM Leader| a manufacturing companyZhongshan, China, Mainland
Jul 13, 2017 6:47 AM
Replying to Pooja Gupta
...
In such cases, we usually do feature driven analysis on the basis of Survey/Brainstorming.
Here you have to see as per the project -
a) who all are the Customers for this Project and what are the requirements in market.
b) If Part requirements are not meeting then what will be the impact. You have to do the Risk based analysis as per the impact.
c) You can apply SWOT analysis for the project and take the judgmental decision.
Thanks for your reply. i will suggest my project manager about that. Saving Changes...
Tony YangPM Leader| a manufacturing companyZhongshan, China, Mainland
Jul 13, 2017 10:59 AM
Replying to Julie Ann Jones
...
For your risks to be effective they need to be identified, assessed and controlled, don't forget risks can be either a threat or opportunity.
Thanks for your reply. i agree with u. Saving Changes...
Jess De OcampoLean Six Sigma Professional/Project Manager/Consultant/| .Manila, Ncr, Philippines
Aside from doing a risk assessment and mitigation, you may have to consider the soft costs and hard costs. May I ask, is your company willing to invest in upgrading the technology and its facilities, etc. for compliance purposes to meet the requirement?
Usually the client, will conduct a site/facility inspection where the products will be manufactured as per requirement for potential foreign suppliers and also for quality assurance reasons. Saving Changes...
Anton OosthuizenSenior Business Analyst / Project Manager| Self EmployedPretoria, Gauteng, South Africa
For almost any project, especially one like this which seems to be very important, there needs to be a business case. The business case will provide all the metric that will allow your company to make an informed go/no go decision. Just debating it without a proper business case could result in the strongest argument winning, Strongest argument is NOT always the better argument. Your business case would present all stakeholders with information to make the best decision. Saving Changes...
John TiesoAuthor, Lecturer in Business Management| The Catholic University of America, Busch School of Business & EconomicsArlington, Va, United States
Anton makes an excellent point. You need to develop a business case, with alternatives based on economic analyses. it is not an idle or temporary solution to start manufacturing when acquisition from present suppliers may be the better answer. Saving Changes...
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