Keller Graduate School of Management
PROJ 595: Project Risk Management
Development of the Boeing 787 Dreamliner- A Super-Efficient Airplane
Table of Contents
I. Introduction
II. Fault Tree One
III. Discussion of Fault Tree One
IV. Fault Tree Two
V. Discussion of Fault Tree Two
VI. Conclusions
VII. Works cited
I. Introduction
I am the Project Manager developing the Boeing 787 Dreamliner. The development of this state-of-the-art airplane will include an international team of aerospace companies led by Boeing. The advances in this airplane will reduce the use of fuel by 20%, increase cargo capacity, increase nautical miles in a mid-range airplane, and improve passenger comfort. Boeing
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When the quality throughput of the component is less than 95%, the demand is increased. Quality measures are in place to alert the supplier when the throughput is less than 95% as desired but additional demands with reduced quality requirements keep the supplier from delivering. Original plans called for specific manufactured items for each component yet the supplier elected to use a less expensive alternative which isn’t meeting quality requirements.
To help mitigate the supplier risks, determine the supplier’s attitude to safety, quality, and environmental aspects to delivering components. Another treatment would be to appoint an onsite supplier liaison manager responsible for signing off on any supplier and/or design changes. It would also be helpful to have back to back contracts with sub-contractors. IV. Fault Tree Two
V. Discussion of Fault Tree Two
In the second fault tree I illustrated the impact of labor on the delivery of the 787 Dreamliner. The labor to assemble the airplane components at the Boeing facility in Everett is critical to ensure the on-time delivery of the airplane. The union labor to assemble the Dreamliner is under contract review, the contract will expire two months prior to the first assembly. The expiration of the machinist contract and failure to arrive at a new mutually acceptable contract would lead to a possible strike. Discussion between the labor union and the company would be required to mediate the
Within this bid include materials that will be used during this project. Provide a list and description of similar project experience on baseball fields, turf, club house, parking lots and landscape, drainage/utility designs for the general contractor that demonstrates the qualifications for this project.
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The course text discusses AS/NZS 4360 approach, which consists of a 5-phase process to manage and control risk. According to the text the risk management process phases are establish context, identify, establish and treat risk while continuously communicating, monitoring and reviewing risk (Cooper, 2005). The premise of risk management is to uncover and understand as much as possible about risks as early in the project as possible. The more one knows about risks the easier it is to make decisions for correct responses. The alternative to risk management is crises management, which in many instances is more costly, and more time consuming. Clements & Gido define a project as “an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resource “(Gido 4). I had many opportunities to develop a Military Retirement Ceremony, so I decided to approach it as a project risk management plan. At the time I did not know it but we were using the project risk management approach discussed in the text to address the risk associated with the event. The Military Retirement Ceremony project planning began the same as most projects do by determining the objectives. The objectives are described in terms of deliverable, schedule and budget. The sponsor and the customer must agree upon the scope of any project. In this project I worked along side the sponsors.
A medium-sized firm Clean fabrics Inc in United States has increased the company’s revenues strategically about $350 million dollars per year. The company struggles to meet the objectives of expanding the company along with the cost control. The vision of the company is to provide the right choice to the clients and supplying the support services for the cruise ship industry in the different parts of the world operating in the areas of hotel and travel. The services are supplied to major hotel chains and cruises including linen services in the south east area of United States. Comparatively, the cruise ship industry provides the company with an
1. You recently retired from government contracting work and established a consulting company (fully consistent with government ethics laws and rules, of course) with the primary focus of advising potential government contractors and subcontractors. Mr. Johnny Jones, of The Johnny Jones Flooring and Construction Company has approached you with a question. Jones and his company are potential subcontractors (they, obviously, specialize in flooring) on a federal construction contract worth a little over two million dollars ($ 2,000,000.00) recently awarded to the Jimmy Smith Construction Company (Jimmy Smith, the prime contractor). Neither Johnny nor his company have ever been part of a government contract
The multidisciplinary team consists of managers, nursing educators, and physicians are salaried employees and will prepare and provide these educational sessions during non- patient care hours and with no extra pay. The team will not only teach the SBAR tool and also provide educational sessions that provides information on communication styles, and strategies for collaborative communication. To keep the cost down, the author will present the majority of the education sessions and only one day for physicians in the series of classes. Brampton Civic Hospital is a teaching facility, has the auditorium,
Supplier Quality is imperative to any business. Preventing, rather than merely detecting problems is the key focus. The most important thing is to prevent defects during the early stages of the materials sourcing process. More and more organizations are working directly with suppliers to develop suitable quality control processes and procedures.
In today’s global aerospace climate, Boeing is paving the path for financial success for today and tomorrow. “With core strengths in innovation, productivity and disciplined execution; a highly skilled and motivated team; a record backlog; and competitively
The objectives of The Boeing 7E7 case study is to seek the answer for the project question.
“Boeing decided to change the rules of the way large passenger aircraft were developed through its Dreamliner program; rather than simply relying on technological know-how, it decided to use collaboration as a competitive tool embedded into a new global supply chain process.”(Pearlson & Saunders, 2013, p 166).
Additionally, awareness about how the supplier under question compares with the peers is an important success factor for a fruitful relationship. You should be able to address questions like - is this supplier secure than others in their industry? Does this vendor have proven and reliable performance? How responsive is the supplier for addressing known security vulnerabilities? Use such information to better negotiate contract terms with your suppliers and set higher standards for what you expect for security performance in a third-party relationship.
Boeing follows the goal of “to find and apply the best, most innovative technologies and processes in the world to improve our products and services” (Boeing Frontiers, 2005). By utilizing the contents of this quote it is apparent at what Boeing is best at accomplishing internally which is their innovations through R&D and their supply chain management system. These assets improve their products and services enabling Boeing to become the aerospace conglomerate of today. By analyzing these processes and the products they create will give a better look into the value, rarity, imitability, and organization that each holds along with demonstrating their strengths, weaknesses, and other organizational situations.
Error report to reach authority effectively Top management monitor the performance of engineers closely Improve training quality for engineers
The project involves the production and delivery of five 800-seater aircrafts model 702 to Air Lokus limited. In addition to the delivery of the planes, the project requires that the planes be fully tested and certified by the International Air Travel Association as well as the American National Air Travel Association.
Our company should make sure that manufacturers deliver products with the highest design specification, in order to be order-winner quality conformance, by delivering products with no defects (Hill and Hill, 2012). Furthermore, improvements in quality lead to a decrease in cost for the company. According to (Evans, 1997) higher quality products lead to a decrease in costs for the company through higher productivity: ‘improvements in quality leads to lower cost because of less re-work, fewer mistakes, fewer delays and snags’ (Evans 1997, P.55).