Delorean project management

Essay by FMARTINUniversity, Bachelor'sA-, December 2008

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MGMT 341: The De Lorean DMC-12 Project


Introduction to project management 1

The De Lorean Motor Company (DMC) 5

The Beginning 6

Manufacturing Facility 6

The DMC-12 6

-Body 6

-Performance 6

-Pricing 6

-Production changes 6

-Special DMC-12s 7

Consumers 7

Downturn 8

Today 8

Return to production 8

John de Lorean 9

DMC SWOT Analysis 9

-Strengths 9

-Weaknesses 9

-Opportunities 9

-Threats 9

Observations 10

Conclusion 11

References 13

Bibliography 14

Appendix A: Specifications for the DMC-12 15

Appendix B: Historic Information - DeLorean Production Numbers 16


Introduction to project management

Project management is "the process of planning and executing a piece of work from inception to completion to achieve safe achievement of objectives on time, within cost limits and to the specified standards of quality." [Procure 360, 2008]

Some examples include building a house, introducing new human resources practices, and developing new IT systems.

Much of project management is concerned with planning and controlling the three key variables associated with projects. These variables are time, cost, and quality. They are interrelated and a change in any single variable frequently has a significant impact on the others.

Since project management is concerned with managing change, within the constraints of the three key variables of time, scope, cost and quality, organisational structures for managing projects can be expected to differ from traditional organisational structures, which were developed to help managers manage in more stable environments. Organisation structures for managing projects are examined and contrasted with more traditional management organisation structures. Projects have a finite life cycle, i.e. definite starting and completion points, and it follows that any project team or organisation structure set up to manage a project will have a finite life cycle.

Project constraints; time, cost, scope,