A Project Management Priority For The Company - 1691 Words

D.D. Williamson is a small privately owned company in Louisville, Kentucky that was created in 1865.This company has become a global leader in non-artificial colors, operating nine facilities in six countries and supplying many of the best known food and beverage companies around the world. Williamson is staffed with less than 200 associates creating a project management priority issue resulting in the increasing percentage of project incompletion. (Kloppenborg 2012) Prioritizing Projects Initially the prioritizing process at D. D. Williamson neglected to form groups to handle specific projects and management groups to complete each project. The original prioritizing process the company created weakened the organization by leaving room†¦show more content†¦During this phase, a decision making team identifies if the project can realistically be completed. (Metafuse Inc. 2017) Definition and planning consists of a project plan, project charter and/or project scope that may be put in writing, outlining the work to be performed. During this phase, a team may prioritize the project, calculate a budget and schedule, and determine what resources are needed. During the project launch or execution, tasks are distributed and teams are informed of responsibilities. This time is used to bring up important project related information. (Metafuse 2017) The project performance and control is the process where managers may compare project status and progress to the actual plan, as resources perform the scheduled work. During this phase, project managers may need to adjust schedules or do what is necessary to keep the project on track. Finally project close occurs when project tasks are completed and the client has approved the outcome, an evaluation is necessary to highlight project success and/or learn from project history. (Metafuse 2017) The D.D. Williamson approach to project management is slightly different and is customized solely to meet the needs of their company. At D.D. Williamson the first step to prioritizing projects is to rate each project based upon the level of expected impact on corporate objectives, the cross functional nature of the team, and theShow MoreRelatedVolkswagen of America: Managing It Essay1681 Words   |  7 PagesCase 7  Ã¢â‚¬â€œÃ‚  Volkswagen of America: Managing IT 1. What is your assessment of the new process for managing priorities at Volkswagen of America? Are the criticisms justified?   Is it an improvement over the old process? The new system of prioritizing IT projects to determine funding is a very efficient way of ensuring those projects that are critical to business strategy meet their financial requirements. 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