Assignment # 1

Submitted to: Sir Lt.Col (R) M. Siddique

Subject : Effective Project Management

Reg. No. : 1432-212048

Study Program: MBA Evening (3.5 years) (HRM)

Submitted by : Badar-e-Alam-Anwar

Jack Neift Trucking Company

Project overview Statement

Summary

Background

Jack Neift Trucking was a family-owned company, founded in1937. Jack Neift had started a trucking company with one truck and one client. With the passage of time number of trucks increased to five hundred. The company control remained within the family generation after generation down to its present president, Bea Stove Burdon.

The company mostly serviced states east of the Mississippi but also had corridors into Texas and Oklahoma. The major portion of the company’s Income is generated from the routes of New York City. The company had seen weak financial times but because of its ability it remained one of the best companies in the United States.

Company was facing a problem i.e. dead heading. This is the common term used in the trucking industry. Dead heading means operating a vehicle or vessel without a load of cargo. Term mostly used in trucking company and refers either the return trip from delivery a cargo or driving empty to a location in order to pickup cargo. It is considered as a waste of resources and avoided whenever possible.

• Information and communication system was not good.

• Latest Technology (gadget) was required to remove the problem.

Problems and opportunity

The Company’s Profit Margin has declined because of dead heading, lack of real time information and communication. As the company’s previous system doesn’t support the company’s needs and the services to its customer.

Return of company to a healthy position depends on adopting the latest technology related to communication and information.

Goal

Providing the latest IT Network system that helps the Company to get up to date information and conversations and to improve their profits and better relations with their customers.

Objective

• Changing the company from traditional to modern management by latest technology system.

• Up-to-date IT Network System.

• Develop Enterprise Resource Planning (ERP) management information system in order to contact with all departments with real time communication and information system for faster deliveries.

Success Criteria

• Induction of Web based solution by using client/server system by Dec, 2009.

• All departments will have access to real time information.

• Availability of geographical information.

• Eliminating Deadheading.

• Reducing distance travelled and fuel used.

Assumptions and risk Obstacles

• High Cost, risky slow return on investment.

• Breaking down of system.

• Difficulties in transforming old to new system.

Acquire Vs Construct Verdict

“Off the shell” function would not be useful for a company, as it might not fit in the requirements of this company.

Jack Neift trucking would need a custom made system that could provide all its requirements and show the way to better result.

Hazard

Guidance would be compulsory to operate the system efficiently which would certainly guide to some charge (both timeland money).

Revolutionize Organization 1. Home economics the change is another big risk from administration/operational point of view.2. Employees might oppose the change. t the change.

Possibility of Malfunction

Product breakdown ratio is higher as to product’s accomplishment.

Executive Participation

An early involvement of approximately functional managers would be required functional managers would be required to have a full grasp over the project. To have a full grasp over the project, (Accounts manager, Admin Manager, (Accounts manager, Admin Manager, Manager HR, Manager Procurement etc) Manager HR, Manager Procurement etc)

Sales executive will be concerned at the Sales executive will be concerned at the beginning of the project. Operational beginning of the project, Operational manager will be involved throughout manager will be involved throughout the project..

Limitations

The excellence of this project would choose the eventual accomplishment of the new system.

Scheming and observing

The sale and the operations division are using this system and are reliably concern with it.

To work out the performance of the running system, they should give the satisfactory communication.

The information could be collected from the company’s employees easily in the form written reports and these reports could be e-mailed to the disturbed stakeholders.

Shutout of the Project

Once the system starts representing powerfully, the project would end and it would become an eternal portion of Jack Neift’s impression.