Purchase Solution

Project Management

Not what you're looking for?

Ask Custom Question

-Analyze the organizations basic legal, social and economic issues
-Analyze managerial, operational, and financial issues including

-Project management
-Project timelines
-Critical paths and contingency planning
-Implementation plan contingencies
-Staffing needs and tools

Also include 1 Gantt chart example along with 1 PERT chart example

Then analyze the impact of potential change factors and the impact on the functions of management

Purchase this Solution
Solution Summary

Project Management is discussed very comprehensively in this explanation..

Solution Preview

The company that I am describing is the one which I work for. It is a molded plastic toy making company. The organization has seven toy making units
and is located in Minnesota.

Analyze the organizations basic legal, social and economic issues
The basic legal issues are related to compliance with labor laws. The laws relating to wages and hours worked, safety and health standards, and laws related to health benefits, retirement standards, and worker's compensation, other workplace standards. Further, the company depends on contract enforcement in selling its toys through four large regional distributors. The other laws that impact the company are the tax laws, environmental regulations, and trade restrictions on certain molded toys.

The social factors are that as consumers of toys become more health conscious, they prefer molded plastic toys of high quality. The toys made by my company are perceived to be safe toys. However, the age for children that use molded plastic toys has declined to seven years or less.

The economic factors that affect the molded plastic toys making business include the general economic growth. If the economy is growing the demand for molded plastic toys is robust. Similarly, if the interest rates are low the demand for molded plastic toys improves. Similarly, if the unemployment rate is low the demand for molded plastic toys is strong.

Analyze managerial, operational, and financial issues including
The key managerial issues are that after the founder of the company has retired, the new CEO has not been able to assert his leadership on the personnel. The other managerial issues are weak supervision over work teams and lack of control over the work teams.
The ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

View More Free Quizzes
Related BrainMass Solutions

  • project management and project management organizations

    217319 Modern history of project management and project management organizations that promote project management. I need help on the two questions listed below. 1) History of Project Management Describe the modern history of project management.

  • Enterprise Project Management (EPM)

    372826 Enterprise Project Management (EPM) What is Enterprise Project Management (EPM)? How does it differ from conventional project management?

  • Software Pluses and Minuses

    Project Management Software: A Tool for Project Management An online source identified project management knowledge areas that include project integration management, project scope management, project time management, project cost management, project

  • What are the benefits of project management?

    269084 What are the benefits of project management? What are the benefits of project management? Provide an example of how you have relied on project management. Based on your readings, how can you improve your project management skills?

  • The Five Phases of a Project

    Project Integration Management 2. Project Scope Management 3. Project Time Management 4. Project Cost Management 5. Project Quality Management 6. Project Human Resource Management 7. Project Communications Management 8.

  • Project Management Process Groups

    In this meeting, management will discuss the project vision and strategy and given authorities to project management. In the fourth step, project management team should develop a scope statement.

  • Wand project

    These areas are project integration management, project scope management, project time management, project cost management, project quality management, project human resource management, project communication management, project risk management and at

  • History of Project Management

    162957 History of project management I need help so that I can write an essay on the history of project management.

  • project management and operations management

    266270 Project Management and Operations Management Compare and contrast project management and operations management. (Please don't plagiarize or directly site internet articles).

  • Principles of Project Management

    198413 Principles of Project Management (PMO): integration management issues for BPP Perhaps more than any other of the knowledge areas, integration management is of primary importance to the project manager (or project manager staff).

View More Related Solutions