What do you think Olaf Gundersen, the CEO of Wireless Telecom Company should do?

Question

What do you think Olaf Gundersen, the CEO of Wireless Telecom Company should do? Use what you know from the case and the course to build the arguments? (The answer will not be graded based on right or wrong but how the arguments are developed.)

What are some potential conflicts that could result from the steps in recommended in a? How could you apply change management or conflict avoidance/resolution techniques to avoid or resolve these?

Based on what you have learned in this class, what could have been done so that the project problems would have been avoided? (Of course, you do not have complete information but use what is here and what you have learned is best practice in managing projects.)

Costs and deadlines of the projects escalated in the Maximum Megahertz project. Why are accurate estimates critical to project management? What would you advise Olaf about his problems with estimate? How to develop a process that would result in more realistic estimates?

How should Olaf improve project management in his organization?

Explanation / Answer

If we manage and collaborate among the team members at different locations and time zones, then the problems in the project can be minimized. Team members must know or understand their responsibilities. Meeting deadlines also play an important role to avoid the problems in the project. The client should be involved in our project and able to give early feedbacks.

Project control is ineffective without the accurate time and cost and this inaccurate can make a difference between profit and loss. When we start a project, time and cost estimates are major inputs to project planning. When we estimates that activity only reduces error. When there are no estimates then the time and cost overruns. Estimates are beneficial in different ways cost and time duration and helps in good decisions.

To start with more realistic estimates we have to start with SRS i.e software requirement specification. This SRS includes both functional and non-functional requirement which helps the user to interact with the system. Functional requirements include business requirements and non-functional requirements deals with software operation. There are many benefits of writing SRS which includes the software developers to estimate the effort required to deliver software. In some cases good developers directly convert the requirement to the specific design. This SRS precisely define the vision of the project. A good SRS template includes all the information which is needed in the software.

Olaf can initiate certain ways to improve project management in his organization. The standard should be maintain from the start of each project and this saves time of the project manager as they invest less time in planning things. This makes the task easier for the client to send the status reoprt. Invoicing correctly and on-time is essential to achieve the highest level of project profitability. one simple way to improve the project management in the organisation is to have a tried and tested process. So, whenever that type of project comes that risk are already highlighted and can be handled from the start. So, there are great chance of project success.

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