Premium Essay

Custom Woodworking Company

In: Business and Management

Submitted By itsgayleg
Words 1807
Pages 8
Project Concept and Strategy

Was the Woody 2000 project well-conceived?
The objective had been clear at project inception but was never communicated
No project plan documented or no qualified project manager
This project was unlikely to be successful

What were Woody's real objectives that could and should have been articulated?
Expand production capabilities
Meet increased demand and new market vacancies
Maintaining the same quality
Objectives should have been communicated to all of the stakeholders

What strategies were there for achieving these objectives? What would you recommend?
Current strategy was to appoint an inexperienced project manager and hire a contracting company to manage and complete the project.
Recommendations: Consult with any of the 850 SMEs throughout project lifecycle, develop a plan to maintain production, house a backlog of products on site as part of a contingency plan.

Did they consider other solutions?
Project was planned in a “vacuum”
Pricing research was only conducted after original high quote by EID
Did not pursue other options

Project Scope

Planning and Scheduling

Cost Estimating

Project Planning


Progress Monitoring and Control

Cost Control

Contracting for Engineering and Construction Services

Communication and People Management

Risk Identification and Management

Facility Startup and Project Closeout

Why do you suppose renovation of the President and Executive Vice President's offices were included in the project and was that a good idea?
Continued support and approval for the project
Renovations were superfluous as they did not affect the project’s objective

Write a simple project scope statement.
The Woody 2000 project will encompass expanding its current production facilities, installation of new and more modern equipment to increase its productivity and meet…...

Similar Documents

Free Essay

Custom Computers

...Custom PC AND HACKINTOSH. RUNNING WINDOWS 7 AND OSX LION MOUTAIN 10.8.2 INCLUDES WIRELESS KEYBOARD AND MOUSE, 24" LED LCD. TXT OR CALL 2816903048 PC Case: Cooler MAster HAF BLACK WITH 5 BLUE LED FANS. 500 WATTS POWER SUPPLY  Intel Core I5 3.4GHZ 3570k Unlocked Mainboard Gygabite Z77-DS3H SPECS: 1HDMI, 1 DVI, 1 VGA, 2 USB 2.0 AND 2 USB 3.0 ON BACK AND 2 USB 2.0 ON FRONT, GIGABITE NETWORK ADAPTER, DIGITAL SOUND  1 x PCI Express x16 slot, running at x16 (PCIEX16) (The PCIEX16 slot conforms to PCI Express 3.0 standard.) * For optimum performance, if only one PCI Express graphics card is to be installed, be sure to install it in the PCIEX16 slot. * The PCI Express x16 slot supports up to PCI Express 2.0 standard when an Intel 32nm (Sandy Bridge) CPU is installed. 1 x PCI Express x16 slot, running at x4 (PCIEX4) 2 x PCI Express x1 slots (The PCIEX4 and PCI Express x1 slots conform to PCI Express 2.0 standard.) 2 x PCI slots HARD DRIVES: 1 2TB HDD 7200RPM SEAGATE - 2 60GB SOLID STATE HDD - 250GB 2.5" HDD 5400RPM VIDEO: ATI RADEON HD6670 1GB DDR5 DVD AND BLURAY BURNER MEMORY CARD READER USB WIFI ADAPTER SOFTWARE: WINDOWS 7 64 BITS ULTIMATE, OSX LION MOUNTAIN 10.8.2, OFFICE 2012, ADOBE MASTER COLLECTION CS6 FOR MAC AND WINDOWS. FINAL CUT PRO X, SOME GAMES. INCLUDES 24" LCD AND WIRELESS KEYBOARD AND MOUSE....

Words: 250 - Pages: 1

Free Essay

Moore Customs

...Executive Summary At Moore Customs, we personalize cars to fit the customer’s eye. We specialize in Subarus, Toyotas, and Hondas. We offer a free test strip of road for our customer use only. Our main lobby is surrounded by glass so customers may view our progress. The more projects we have the harder we work. Business description Moore Customs is a new company that focuses on personalizing and customizing all types of cars, fitting the customers needs. Moore Customs will be a partnership, owned and operated by Garrett Moore and Alex Wolfe. This company will target all car enthusiasts with the idea of transforming their personal rides. Growth of this company will be prosperous since almost everyone has a car, which increases the chances of someone wanting custom work done. Several types of work will take place at Moore Customs, such as window tint, body paint, sound systems, custom performance, wheels, tires and suspension ect. The primary objectives of Moore Customs over the next year are to: • Obtain commercial financing of 100,000 to cover start up costs and initial operating expenses along with the necessary machinery. • Generate loyal clients by competing in local car shows to display our work. • Generate a net profit of $100,000 in the first year of operations by developing a strong client base and keeping overhead costs to a minimum.• Develop and create a company car as a marketing tool for possible clients to view on the road. Marketing The......

Words: 985 - Pages: 4

Premium Essay

Hal's Woodworking

...HAL’S WOODWORKING SWOT ANALYSIS CSIS 405 Table of Contents SWOT Diagram…...………………………………………………….......3 Introduction…………….………………………………………………. ..4 Weaknesses……………………………………………………………….5 Opportunities……………………………………………………………..5 Threats….………………………………………………………………...5 Conclusions and Recommendation………………………………………6 References…..……………………………………………………………7   |   | Strengths |   | |   |   | Weaknesses |   |   | | | |   | |   | | | |   | • | Family owned business |   | | • | Local presence | |   | • | Local community presence |   | | • | Limited Internet website |   | • | Service oriented tradition. |   | | • | Small online selection |   | • | Established tradition |   | | • | No internet business knowledge | • | Has established customer base. | | • | Limited staff | |   | • | Management is committed to company. | | • | Limited budget | |   | • | Qualified and knowledgeable staff | | • | Don't have a detailed plan yet. |   | | | |   | | • | We would be a small player. |   |   | | | |   | |   | | | |   |   | | | |   | |   | | | |   |   | | | |   | |   | | | |   |   | | | |   | |   | | | |   |   | | | SWOT |   | |   | | | |   |   | | | |   | |   | | | |   |   |   |   |   |   | |   |   |   |   |   | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |   |   | Opportunities |   | |   |   | Threats |   |   | | | |   | ...

Words: 792 - Pages: 4

Premium Essay

Custom Molds

...Custom Molds, Inc., manufactures custom-designed molds for plastic parts and produces custom-made plastic connectors for the electronics industry. Located in Tucson, Arizona, Custom Molds was founded by the father and son team of Tom and Mason Miller in 1975. Tom Miller, a mechanical engineer, had more than 20 years of experience in the connector industry with AMP, Inc., a large multinational producer of electronic connectors. Mason Miller had graduated from the University of Arizona in 1974 with joint degrees in chemistry and chemical engineering. The company was originally formed to provide manufacturers of electronic connectors with a source of high-quality, custom-designed molds for producing plastic parts. The market consisted mainly of the product design and development divisions of those manufacturers. Custom Molds worked closely with each customer to design and develop molds to be used in the customer's product development processes. Thus, virtually every mold had to meet exacting standards and was somewhat unique. Orders for multiple molds would arrive when customers moved from the design and pilot-run stage of development to large-scale production of newly designed parts. As the years went by, Custom Molds' reputation grew as a designer and fabricator of precision molds. Building on this reputation, the Millers decided to expand into the limited manufacture of plastic parts. Ingredient-mixing facilities and injection-molding equipment were added, and by the......

Words: 1622 - Pages: 7

Premium Essay

Custom and Shipping

...Custom and shipping Q.1. Explain the role of shipping in international trade. What are the different modes of shipment? MODES OF SHIPPING * Free on board (FOB)–the exporter delivers the goods at the specified location (and on board the vessel). Costs paid by the exporter include load, lash, secure and stow the cargo, including securing cargo not to move in the ships hold, protecting the cargo from contact with the double bottom to prevent slipping, and protection against damage from condensation. For example, "FOB JNPT" means that the exporter delivers the goods to the Jawahar lal Nehru Port, India, and pays for the cargo to be loaded and secured on the ship. This term also declares that where the responsibility of shipper ends and that of buyer starts. The exporter is bound to deliver the goods at his cost and expense. In this case, the freight and other expenses for outbound traffic are borne by the importer. * Carriage and freight (now known in the US as "cost and freight")(C&F, CFR, CNF): Insurance is payable by the importer, and the exporter pays all expenses incurred in transporting the cargo from its place of origin to the port/airport and ocean freight/air freight to the port/airport of destination. For example, C&F Los Angeles (the exporter pays the ocean shipping/air freight costs to Los Angeles). Most of the governments ask their exporters to trade on these terms to promote their exports worldwide such as India and China. Many of the shipping......

Words: 1739 - Pages: 7

Premium Essay

Custom Snowboards

...Custom Snowboards Inc. A1: Key Points Looking at the Balance Sheet Horizontal Analysis for Custom Snowboards, the Total Current Assets increased from year 12 to year 13 by $178,080 or 23.6%. This includes Cash and Cash Equivalent increasing by $138,171. This shows there was an increase in Sales and some Accounts Receivable being collected. Bankers are interested in this account as it shows them how the company is doing in Sales. Short Term Investments increased by $30,000, which tells me that Custom Snowboards needed to take out a small loan to cover purchasing materials to manufacture the snowboards or to cover other expenses. Bankers need to know how much money, whether it is Short Term or Long Term loans, a company takes out for the business. Accounts Receivable increased by $483 dollars. This could be due to either a slight increase in Sales, collections on Accounts Receivable (A/R would be higher if there were not any collections), or both. Accounts Receivable is important to a bank since they will need to know how much you have allowed to be purchased on credit, and if you are collecting on the debts in a timely manner. Total Liabilities decreased by -$54,820 dollars or -5.5%. Although Accounts and Notes Payable increased by $180 (0.2%), Mortgage Payable decreased by -$50,000 (-6.3%) and Other Long-Term Liabilities decreased by $5,000 (8.3%). Retained Earnings increased $132,900 (81.9%). Taking into account these changes, Total Liabilities and Equity increased......

Words: 4089 - Pages: 17

Free Essay


...Required for Customs Clearance for the Goods. XIII Documents required for Customs Clearance of goods for export Shipping Bill/Bill of Export-This is the main document required by the Customs Authority for allowing shipment, Basically, shipping bills are of four types. The major distinction between on type and another Shipping Bill lies with regard to the goods being subject to certain conditions: export duty/cess, free of duty/cess, entitlement of duty drawback, entitlement of credit of duty under DEPB Scheme and re-export of imported goods. The documents required for processing of Shipping Bill are as follows:       GR forms in duplicate for shipment to all countries 4 copies of packing list giving contents, quantity, gross and net weight of each package. 4 copies of invoices indicating all relevant particulars such as No. of packages, quantity, unit rate, total f.o.b./c.i.f. value, correct and full description of goods etc. Contract, L/C, Purchase Order of the overseas buyer AR4(Original and duplicate) and invoice Inspection/Examination Certificate The formats presented for the shipping bill are as under: White shipping bill for export of duty free of goods prepared in triplicate Green shipping bill for export of goods under claim for duty drawback prepared in quadruplicate Yellow shipping bill for export of dutiable goods prepared in triplicate. Blue shipping bill for exports under the DEPB scheme prepared in 7 copies. For goods cleared by Land Customs,......

Words: 2065 - Pages: 9

Premium Essay

Custom App Company Evaluation

...Dear Mr. Jeff Hasting and Ms. Rachel Becker, Upon request to analyze CAC’s accounting methods and financial statements to better understand the company and come to an investing decision, my accounting team and I have the following information to report: CAC’s Current Financial Situation: Based on the assessment of Custom App Company’s financial statements, we evaluated several of the company’s financial ratios to determine the trend of its profitability, liquidity, and sustainability as well as its investments in the following: (trends are based on CAC’s numbers after adoption of accounting changes; had these changes not been made, these numbers might look very different) * Return on equity generally depicts how much profit a company has generated. Over the past three years, CAC’s return on equity fluctuated from 0.12 to 0.07, denoting that the company experienced a drop in net income. Considerations should be taken that a higher ROE means that the company is efficient at managing its operations through its new investments. * A complete analysis of CAC’s income statement was conducted. In 2011, service revenue was recorded at $136,500 and increased by $73,500 in 2012. One factor that contributed to this increase would be the change of service contracts. Mr. Zamble replaced several multiyear service contracts to 10-month contracts. Multi-year contracts are annual and recorded on a month-to-month basis. This affected 2012 because the service revenue would have......

Words: 1056 - Pages: 5

Premium Essay

Custom Clothes

...Corporation at a homecoming event in Temple University. The company is making a revolutionary step in transforming the way the world buys clothes. The primary agenda of the company focuses on veridical measurement technology through many channels. They have come up with their unique scientific, nimble and user-friendly measuring kits. They have the access to the Body Scan Technology for mass measurement as well. The exclusive sizing solutions to abate the probabilities of returning clothes and electronically transmitting those patterns to produce one-of-a-kind cloth is quite noteworthy. Apart from the versatile technology and process they have a real business impact on the apparel market. The business has eclectic segmentations of the customers. Having distinct offers and substantially different lucre through different channels. They cover the marketing with Retailer, Fashion Designers, Networkers, Uniform Providers and direct sellers through two of their own in house brands. They came up with new technology of sizing and had noticeable amount of value propositions for their customers. They are trying to maintain key partnerships with designers, retailers, and networkers as well to deal a better business. They are trying to revolutionize the apparel market and proving the branding strategy as the only “The Ingredient” for any and all personally fit garments. Since 1999, the year of incorporation of the company, they have accomplished many milestones starting from......

Words: 1111 - Pages: 5

Free Essay

Customs and Joy

... Rationalize the reasons behind customs Student’s Name: Institution: Date of Submission Joy is the state of happiness and a sense of satisfaction as an individual. We all seek to be happy at all times and in fact humans struggle, come up with inventions, at times are cruel to others in wars, we study, start revolutions and follow certain belief systems all in the quest of finding happiness. Customs are the practices and systems followed by particular people or even a religion. They are also the generally accepted ways of behaving and doing things in a particular society. The customs followed can be a good way of differentiating the affiliation to one group from the other. The customs are so much intertwined with the human quest for joy and happiness. We in fact follow customs that we feel convicted that we are going to get the sense of fulfilment from and be better individuals. We can therefore attribute human actions and believes to their quest for happiness and joy. For example in religion, most individuals practice it all because of the promise of the joy to come later in life. Among the Christians, the believers are persistent and resilient in life despite the challenges that they go through to remain faithful to the teachings of the Lord God as is prescribed in the Holy Bible that they use as a point of reference. They are able to beat the challenges on earth and even an illustration of Job in the Bible who went through very traumatic experiences as a test from Satan......

Words: 1237 - Pages: 5

Premium Essay

Custom Mold

...Priorities Challenges ..................................................................................................... 7 Alternatives for Custom Mold......................................................................................................... 10 Conclusion ....................................................................................................................................... 12 References ...................................................................................................................................... 13 1 1.0 Introduction Custom Molds, Inc., owned by father and Son Tom and mason Miller in 1975, was originally formed to manufacture custom designed molds for plastic parts as well as produced custom made plastic connectors for the electronics industry. As the time went by, by the mid 1980s, since Custom Molds, Inc.’s reputation has grown up, as a designer and fabricator for precision molds, the Millers decided to expand their business into the production of plastic parts as well. In 1985, Custom Molds, Inc. operation involved two different processes which comprised mold fabrication and plastic parts production. The differences between nature of mold and plastic part fabrication are in terms of what is done. Custom mold fabrication requires high degree of customer contacts since the company worked closely with each customer to design and develop molds to meet exact standard and unique requirements to be used in the......

Words: 2249 - Pages: 9

Free Essay

Us Customs

...Select a profession you envision yourself in and then research the career choice. U.S Customs and Border Protection * What are the leading companies to work for? * What is the best company or organization in the country of residence to work for? Why? CBP Officers play a vital role in preventing terrorists and terrorist weapons from entering the United States and enforcing customs, immigration, and agriculture laws and regulations at U.S. ports of entry. It’s something I feel interested in, I’ve always wanted to become a CBP. Choose a company and provide information on its employment benefits: * Time off: Personal leave days for vacation, family care, and illness Ten paid holidays per year * Health: Federal Employees Health Benefits (FEHB) Program Federal Employees Dental and Vision Insurance Program (FEDVIP) Federal Flexible Spending Account Program (FSAFEDS) Federal Long Term Care Insurance Program (FLTCIP) * Stock option: What is the job outlook for this occupation? CBP requires that every employee be reliable, trustworthy and fit for duty. Expected starting salary?   The annual salary of a new border patrol agent ranged from $33,829 to $42,948, depending on experience and qualifications ( Border patrol officers can earn up to 25% above their base salary by working overtime and picking up weekend and holiday shifts. * Requirements? You must be a United States citizen. You must possess a valid......

Words: 314 - Pages: 2

Premium Essay

Hals Woodworking dedicated woodworkers and cabinetmakers. T: 1 The store is facing increasing competition from hardware chains such as Home Depot and Lowe’s. These national chains have opened many new stores, and they are larger, carry more items, and offer lower prices on some items. The competition is fierce. 2 The store also faces competition from companies that sell online or though the Web site. Strengths: a.) Can sell directly to a specialized market b.) Experienced help is available c.) Sales staff is ready to produce information to specialized audience. Weaknesses: a.) In a business with large, corporate competition b.) Marketing to a smaller population. c.) May not have the buying power of larger chain stores. Opportunities: a.) To create an online business with a personal, specialized touch. b.) May make specialized market customers feel grateful for specialized products/training/services which could generate customer loyalty and referrals. c.) Reach more customers across the world. Threats: a.) Bigger chains may decide to start specialized online services as well. b.) Being undersold. c.) Generating interest by other companies causing more competition. d.) Suppliers marketing to customer directly. ...

Words: 282 - Pages: 2

Free Essay

Michaels Custom Woodworking Ltd.

...Michaels Custom Woodworking Ltd. Additional Information Company Update Although 2001 was a good year financially for MCW, the implemented changes put a lot of pressure on Brook, David, and Lynn. Both David and Lynn experienced a great deal of stress from all of the driving, and the considerable amount of time that David spent in Louisiana added to the strain on him. When the production lines were first implemented, Brook had to spend much more time involved with day-to-day production than he had planned. As a result, although he built a few made-to-order cabinets, he was unable to test the custom market properly. 2002 In early 2002, Brook extended the contract with BKP for a further 12 months, agreeing to provide quarterly shipments of 1,800 boxes (7,200 annually). At the same time, Brook decided to hire a local assembler in order to resolve the assembly issue, and to invest in a second trailer in order to facilitate the delivery process. He was able to acquire a previously owned trailer in good condition for $25,000. The plan was for Lynn and David to drive the boxes to Louisiana non-stop, drop off a full trailer, and bring back an empty one. If it was convenient, they would pick up a load to bring back, but they were not to spend a lot of time trying to find one. Quality control would have to be performed on the assembled product. This arrangement worked as well as could be expected in spite of its limitations. During 2002, Brook was able to produce and market 10...

Words: 1108 - Pages: 5

Premium Essay

The Beasley Custom Picture Frame Company

...and outflows. The Beasley Custom Picture Frame Company will tell about the components that one would need to be able to create a cash-flow analysis report. We will also explain the advantages and the disadvantages of the cash-flow statement. From there we will go on to explain the different benefits of a cash flow statement and any problems that could arise if the cash-flow statement is not conducted in a timely manner. Lastly, The Beasley Custom Picture Frame Company will provide our cash-flow statement for our third year of operation. Components “To prepare a cash-flow statement, you need three things: a starting balance sheet, an ending balance sheet and an income statement for the time in between.” (Statements of Cash Flow & Analysis of Ratios, paragraph 2, page 49) To go into further detail, the “cash-flow analysis involves examing the components of your business that affect the cash flow, such as accounts receivable, inventory, accounts payable, and credit terms.” (Ward, 2011, paragraph 3) The Beasley Custom Picture Frame Company’s starting balance sheet is the first balance sheet we have for our business, since it is just a new business. Therefore, our ending balance sheet that is needed for the cash-flow statement will include our second year in business and the estimated third year account balances. For the income statement component of the cash-flow analysis, we will also use the second and third year account balances. The Beasley Custom Picture Frame......

Words: 659 - Pages: 3

Subwoofers | Riki Takeuchi | Thi Mai Rumo ao Vietnã