Project management can be stated as the proper practice of initiation, planning, execution, controlling and finally closing the work of team for the core purpose of achieving the specified goals and objectives and then meeting the specified success criteria within the given time (Kerzner & Kerzner, 2017). The following essay outlines a brief discussion on the case study of Murasaki Aircraft Corporation. MAC is a new aircraft manufacturer in Japan and has shares from three major companies of Murasaki Heavy Industries, Toyota Motor Corporation and Mitsubishi Corporation. They wish to use Boeing 787’s Dreamliner lightweight construction technology for reducing the aircraft weight and partnering strategy. This essay provides the critical examination of the organizational actions and proper assumptions. Relevant recommendations would also be provided here.
MAC is a new manufacturer of aircraft in Japan and they have appointed a project director. They are producing Regional Jets and is manufacturing wings of Boeing 787. The CEO of this organization, Lisanne wants to expand the company to the next level by simply entering into the market of medium size passenger jet and directly competing with Airbus A380 and Boeing 787. Lisanne wishes to utilize the Boeing 787 Dreamliner lightweight construction technology for the core purpose of reducing the weight of the aircraft and even the partnering strategy of international consortium approaches, undertaken by Airbus and Boeing 787 companies. Lisanne wishes to avoid the issues, faced by these two companies and gain more success.
The unique products, services and results are easily produced with the help of the project management (Burke, 2013). The project typically comprises of a definite beginning and end and is usually specified to bring certain beneficial changes and added values. Hence, project management is mandatory here to make sure that each and every goal is achieved within the constraints like scope, budget, time and quality. The subsequent completion of every project objective is the major challenge of every project manager (Marchewka, 2014). This project is the unique and the temporary creation, which consumes the resources and has a definite starting and ending point to operate as per the specific funding as well as budgetary constraints.
The project management cycle comprises of four distinct phases of initiation, planning, execution and closing (Larson et al., 2014). These four phases make up the path for taking the project from staring to end. There is a fifth phase as well as known as controlling and monitoring. The controlling and monitoring phases are included in the execution phase.
Methodologies: Regarding the issues in the four phases of project management cycle, certain methodologies of PM would have been effective for them. For the initiation phase, Lean methodology would had been effective (Mir & Pinnington, 2014). For planning, six sigma would had been effective and for the execution monitoring phase, Scrum would had been much effective. For the final phase of controlling, Lean would be effective.
For the project management cycle, the actions of this company are as follows:
Methodologies: For the initiation phase, the PM methodology of Six Sigma would be effective (Kerzner, 2018). For planning phase, CPM would have been better and for both the divisions of execution phase, Lean methodology would be effective.
Murasaki Aircraft Corporation or MAC is a Japanese aircraft company with a female CEO, namely Lisanne. They have supply partners in the entire world and is quite efficient and effective in terms of their products and services. The CEO of this organization of MAC wishes to use the experience and effectiveness of Airbus A380 and Boeing 787 projects and hence has asked her project director to collect as much as information possible for these two above mentioned projects. These two projects of Airbus A380 and Boeing 787 have faced some of the major and the most significant issues related to their cultural differences and various other issues. Since, these two were international projects, such issues were absolutely unique for them. Lisanne does not want to face similar issues in her organization. The following recommendations are some of the important strategies for Murasaki Aircraft Corporation to avoid these types of issues within the company.
iii) Long Term Orientation: The next subsequent and noteworthy recommendation of strategy is the involvement of long term orientation. Boeing 787 project was unable to manage their supply chain and hence this became a major failure. MAC should undertake some of the measures as per the preference of long term orientation. The value within the applications in the international project management is properly checked from the engagement perspective. Moreover, with the long term orientation, there is little value of sticking to the short term deadline.
Conclusion
Therefore, from the above discussion, conclusion could be drawn that project management is the significant method to organize each and every activity that is associated to the project. The major purpose of the project eventually range from the development of new product to the service launching. The international project management is stated as the proper management of the projects internationally or across the cultures and borders and hence, international project management needs a specified set of skills for the purpose of ensuring major success while managing these projects. There are various challenges of the international project management and these are extremely common for all international projects. The above essay has outlined the case study of MAC. It is a new company of aircraft manufacturer and has various strategies. This essay has clearly described the various actions of the company with proper recommendations.
References
Burke, R. (2013). Project management: planning and control techniques. New Jersey, USA.
Dörfler, I., & Baumann, O. (2014). Learning from a drastic failure: the case of the Airbus A380 program. Industry and Innovation, 21(3), 197-214.
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Fuller, M. A., Valacich, J. S., George, J. F., & Schneider, C. (2017). Information Systems Project Management: A Process and Team Approach, Edition 1.1. Prospect Press.
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Kerzner, H. (2018). Project management best practices: Achieving global excellence. John Wiley & Sons.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Kotha, S., & Srikanth, K. (2013). Managing A Global Partnership Model: Lessons from the B oeing 787 ‘Dreamliner’Program. Global Strategy Journal, 3(1), 41-66.
Larson, E. W., Gray, C. F., Danlin, U., Honig, B., & Bacarini, D. (2014). Project management: The managerial process (Vol. 6). Grandview Heights, OH: McGraw-Hill Education.
Leach, L. P. (2014). Critical chain project management. Artech House.
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Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking project management performance and project success. International journal of project management, 32(2), 202-217.
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