Your final project will be a complete project management plan.

Fabricant Manufacturing Project –Project Initiation

Darlene Ames

Southern New Hampshire University

07/09/2017

Introduction

The project for Fabricant Manufacturing involves replacing the current interior and exterior lighting for all the warehouses, break rooms and warehouses with the new technology. To make the project successful, there is need for a feasibility study, project charter and project planning as discussed in this document.

Feasibility Study

Economic Feasibility: this is the assessment of the project’s viability in terms of costs and benefits that will be realized after the project is successfully completed (Shen, Tam, Tam, & Ji, 2010). Fabricant manufacturing project will yield rebates and incentives of $245,000. When compared to the project’s total budget of $310,000, it is clear that the cost of the project will be $65,000. In addition, the project is projected to save the company $142,000 annually in utility costs, 1.1 million of Kilowatts in a year and improve the Return on Investment (ROI) to 89%. However, there are some financial risks but they all fit within the company’s business goals hence making the project viable economically.

Technical feasibility: this involves assessment of the available technical resource and determining whether they can yield a significant outcome of a working system (Shen et al., 2010). The project will require public incentive experts, lighting expert, environmental specialist and a programming expert. These experts will be specialists in the fields of OSHA, System development and IT, environment and American Grid Program. These resources are readily available and the project manager can outsource these individuals. However, the only risk is in outsourcing resources and they fail to perform as required. However, these risks are much lower as compared to the potential results of the project.

Organizational feasibility: this assessment involves determining whether the project fits into the policies, frameworks, procedures and resources of the company that will be able to compete the project. Based on the project’s economic study, the company will support the project financially and the three organization goals are perfectly covered within the project. The project will reduce the consumption of energy by at least 20%. The project will also generate returns to by a minimum of 15% and raise environmental awareness to the community. In addition, the project has a potential of raising the ROI to 89% and reduce the consumption of energy by 1.1 million KWh in the year.

Alignment of the Project

The project aligns to the organization’s key objectives in that it will help reduce the consumption of energy by at least 20% (reduce the energy consumption by at least 20%). The project will also generate returns to by a minimum of 15% and raise environmental awareness to the community (raising community consciousness of the environment). In addition, the project has a potential of raising the ROI to 89% and reduce the consumption of energy by 1.1 million KWh in the year (ROI of at least 20%).

Project Charter

Project Timeline

Key Stakeholders

The key stakeholders for the project are The CEO, Strategic Planning, American Grid Program manager, Production and Facilities. The major internal concerns for the key stakeholders include the skills and experience of the stakeholder and the availability of the stakeholder. For the key stakeholders, it is necessary for them to be available for at least 10 hours a day to ensure the project success. Their availability is critical because other project tasks like demolition and installation require their presence. External stakeholders should also have the required skills to enhance project performance and allow significant input into the project during the time they are working on the project (Mir & Pinnington, 2015).

Level of Key Stakeholder

The level of the key project stakeholders can be compared based on the power and interest for the project. The graph below shows the power and interest of the key stakeholder

Project Manager

CEO

Project Sponsor

Low Power High

Low Interest High

American Grid Program Manager

Strategic Plan Manager

Communication plan manager

Production and Facilities Foreman

Janice Scott and Lee Feinberg are majorly interested in ensuring the success of the project by providing support to help meet the goals in relation to achieving the required energy and cost savings. These stakeholders are therefore more powerful and with more interest in the project from an overall perspective. Sam Massoni’s major concern for the project is to establish a beneficial contract between Fabricant Manufacturing and himself because he is an external stakeholder and a consultant. The power for Massoni is low but his interest on the project is very high. Sam on the other hand is very critical in the success of the project because he has the skills that the company lacks thus making him powerful. Mark Cysterski is supportive to the project through ensuring staff safety and safe construction process. The foreman is also concerned with production delays hence very interested in the project as shown in the curve.

References

Mir, F. A., & Pinnington, A. H. (2018). Exploring the value of project management: Linking Project Management Performance and Project Success. International Journal of Project Management, 32(2), 202–217. https://doi.org/10.10110/j.ijproman.2013.05.012

Shen, L., Tam, V. W. Y., Tam, L., & Ji, Y. (2010). Project feasibility study: the key to successful implementation of sustainable and socially responsible construction management practice. Journal of Cleaner Production, 18(3), 258–259. https://doi.org/10.10110/j.jclepro.2009.10.018

MindEdge. (2017). Module Three: Project Scope, Planning, and Time Management. QSO 640: Project Management.

Appendices

Appendix A: Stakeholder Analysis