Intel identified the importance of implementing an integrated automation system that could address and remedy any fluctuations in the monitored variables. This system would also offer the company access to a time-phased baseline plan. Gray and Larson (2006) highlighted the significance of adopting such an integrated approach.
According to page 416, many systems lack important cost information, making them ineffective and even inaccurate. To improve, HK can follow Intel's example and utilize an automation system with reporting, incident tracking, and decision support tools. Additionally, HK can implement an enterprise management system to monitor project progress and identify potential risks. Similarly, cost overruns can be avoided by applying these tactics to HK's projects.
C) The Dudley Group Hospitals (DGH) from the NHS Trust implemented a business continuity strategy to address potential system failures caused by the millennium bug. They formed a project b
...oard and teams to minimize risks, create contingency plans, and ensure equipment compliance with NHS Executive Guidance. A full-time business continuity manager was appointed to oversee these efforts. Due to some risks being outside of the hospital's control, the DGH also required risk strategy information from suppliers. Similar project teams would need to create contingency plans at HK.
Additionally, HK needs to consider the potential impact on other departments in the event of a risk materializing due to the interconnected nature of these departments. Possible second-tier and comprehensive alternatives for the situation at HK can be formulated based on the following examples:
- Establishing a project culture that includes a dedicated project team (as practiced by Kimberly-Clark)
- Implementing an integrated automation system (as adopted by Intel)
Evaluating these alternatives reveals that creating a project culture rate
highly in relation to the organization's goals. This approach involves having individuals with the necessary skills available at the appropriate time, resulting in buy-in from stakeholders who comprehend the objectives. Working together towards a common objective and having well-defined roles enhance the probability of a successful e-publishing project.
Using any of the benchmarked options for the HK scenario carries inherent risks. Comprehensive investigation on how to overcome these pitfalls is required to ensure that the ultimate solution aligns with company values. Success in establishing a project culture for the e-publishing project hinges on CEO endorsement. Sadly, currently the CEO doesn't view e-books as a strategic asset for the company. Without CEO backing, e-books are liable to be excluded from the company's objectives.
Implementing an automated system can be a significant investment and could be met with resistance to change as it will affect everyone in the organization. It's important for the organization to become familiar with the idea of incorporating risk into their policies and strategies, which can be perceived as a hassle and take up time. With project reporting, there is a risk of identifying many potential risks early on in the project, which could lead to its termination despite long-term benefits for HK.
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