1 Advanced Project Management

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BPP Coursework Cover Sheet Programme M.Sc. Management with Project Management Module name Advance Project Management Schedule Term Summative Student Reference Number (SRN) Report/Assignment Title Advance Project Management - Summative Assignment Date of Submission (Please attach the confirmation of any extension received) Declaration of Original Work : I hereby declare that I have read and understood BPP’s regulations on plagiarism and that this is my original work, researched, undertaken, completed and submitted in accordance with the requirements of the BPP School of Business and Technology. The word count, excluding the contents table, bibliography and appendices, is 4,938 words. Student Reference Number: Date: By submitting this coursework, you agree to all rules and regulations of BPP regarding assessments and awards for programmes. Please note, submission is your declaration you are fit to sit. BPP University reserves the right to use all submitted work for educational purposes and may request that work be published for a wider audience. BPP School of Business and Technology 1
Table of Contents Introduction…………………………………………………………………………….….……..2 A: Project Selection at Hilti Group: .................................................................................... 3 Project Portfolio Matrix ....................................................................................................... 4 Scoring Model .................................................................................................................... 6 Recommendations on Project Portfolio Management ....................................................... 7 B: The Organizational Context ........................................................................................... 7 TOWS Matrix .................................................................................................................... 8 Recommendations ........................................................................................................... 10 C: Project Governance .................................................................................................... 10 Project Governance Frameworks: ................................................................................... 11 Stage Gate: ...................................................................................................................... 11 OCG Gateway: ................................................................................................................. 12 Recommendation to the CEO: ......................................................................................... 12 Functions of the Project Board: ....................................................................................... 12 Justification for the Recommended ................................................................................. 14 D: Leadership ................................................................................................................... 14 Recommendations ........................................................................................................... 15 E: Advanced Planning and Scheduling ............................................................................ 15 Agile ................................................................................................................................. 16 Waterfall ........................................................................................................................... 17 Recommended methodology ........................................................................................... 18 F: Managing and Leading Change .................................................................................. 18 Conclusion ....................................................................................................................... 20 References ....................................................................................................................... 22 Appendix .......................................................................................................................... 24 Self-evaluation ................................................................................................................. 24 2
Hilti Group, an international organization that produces professional products in the construction sector, is planning to migrate from the traditional SAP to the cloud-based customer relationship management system, Salesforce. This move aims to enhance their sales and marketing opportunities, achieve competitiveness in the market, and provide more flexibility to the organization. The project was initiated in 2018 but is yet to be completed. To ensure the successful completion of the project, various features of project organization such as project collection and portfolio management, scheme governance, organization context, and guidance will be analyzed (vom Brocke et al., 2010). Planning and scheduling, as well as managing change within the organization, will also be discussed to ensure the smooth integration of the new IT system. Hilti Group is a world leader in the construction industry, with around 32,000 employees functioning in more than 120 countries. Their contribution to making construction sites quicker and safer is immense. By integrating a cloud-based CRM system, Hilti Group aims to further increase its business and achieve growth in the competitive market (Ozcáriz Lindstrom, 2022). Hilti Group goals to create supportable value and optimistic relationships with its clients through difference and market management. They believe that by obtaining market leadership, they can achieve better prices and increase their market share. To achieve this, they can pursue digital platform transformation-based projects such as Initiative Resource Planning, Supply Chain Organization and Customer Relationship Management. These projects can help the organization manage its business operations at every level by connecting all sources of information and organizing business elements and practices systematically. By implementing a cloud-based CRM system, Hilti Group can collect, store, manage, and access valuable information easily (Andersson et al., 2021). 3
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Since Hilti Group is a customer-centric organization, it manufactures and delivers quality products to achieve profitability and contribute to the growth of the construction industry. To establish a strong relationship with customers, they need credible information. Therefore, the integration of a CRM system is crucial. By pursuing digital transformation projects, the company can provide better customer services, retain customers, and engage them. It can also enhance business efficiency and productivity, manage team communication efficiently, and improve customer retention programs. Hilti Group believes that by focusing on customer retention and engagement, they can fulfill all business requirements and achieve sustainable growth and competitiveness (Guenzi and Habel, 2020). Hilti Group, a global leader in providing innovative solutions for the construction industry, has a well-defined process for project selection and portfolio management. The company evaluates potential projects based on their alignment with its strategic goals, market demand, and financial viability. Projects are then prioritized using a scoring system that considers factors such as strategic fit, potential value creation, and risk. Hilti also uses portfolio management techniques to balance its project portfolio across different business areas, geographies, and risk profiles. The company's approach to project selection and portfolio management helps ensure that it invests its resources in projects that are most likely to deliver value to its customers and shareholders (Guenzi and Habel, 2020). Project Portfolio Matrix 4
Based on the matrix provided, the Pearl strategy appears to be the most optimal approach for implementing the current project, as it involves incorporating reliable technological advancements to enhance the company's commercial progress. This strategy is expected to yield a high net present value, as well as significant technical achievements. However, it will require significant investment to implement a cloud- based CRM system across all workspaces, as well as provide adequate training to employees to ensure proper utilization of the system (Fábrega Ferrer, 2022). Project Selection at Hilti Group: Hilti Group uses a rigorous process for selecting projects to invest in. The process involves evaluating potential projects based on their alignment with the company's strategic objectives, the potential benefits to customers, the level of competition in the market, and the feasibility of implementation. Projects that are selected are those that align with the company's strategic direction, provide a clear return on investment, and have a high prospect of success. Hilti Group has the selection to use a screening model called the simplified scoring model to choose the most suitable project from various alternatives. Screening models are essential tools for project management as they provide a comprehensive analysis of 5
project information and enable informed decision-making. The simplified scoring model consists of a basic grid that facilitates the comparison of multiple projects and their attributes. Using this model, project managers and team members can determine the essential elements and their respective timelines to prioritize the most efficient project. Scoring Model 6
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Using a scoring model is a popular and effective method for selecting projects, even for healthy groups. This approach evaluates the cost, time, and quality factors of each alternative, providing a comprehensive view to determine the most suitable criteria for project selection. The uppermost score project is measured the most possible option as it aligns with the business structure and governance of the side. Additionally, this model allows the business to amount related excellence hazards and allocate appropriate standards. Based on this study, it is clear that Project A is more appropriate for the Hilti Group as it scored 17 points, higher than Project B. Although Project A has a higher cost than Project B, the addition of Salesforce Cloud Calculation CRM scheme will bring more competence to the company in terms of time and excellence (Plym et al., 2022). Recommendations on Project Portfolio Management To enhance the management of its project portfolio, the company can implement the following suggestions: Ensure that the entire project is mapped out to align with the company's strategies. Have access to quality data to serve as a solid foundation for decision-making. Provide transparency in the work and eliminate any constraints hindering the project. Prioritize customer expectations in the project management process. Validate the feasibility of the project before proceeding with the final project plan. 7
B: The Organizational Context Hilti Group's strategy is focused on customer-centric innovation, which involves developing goods and services that meet the specific needs of its clients. The company's strategy is also centered on sustainability, where it aims to create value for its stakeholders while minimizing its impact on the environment. Hilti's strategy is supported by its strong R&D capabilities and its commitment to excellence in all aspects of its operations. The primary goal of a thriving company is to establish durable customer relationships and maintainable value creation through diversity and marketplace dominance (vom Brocke et al., 2022). The company aims to become a market leader by implementing a project for digital transformation with the integration of Salesforce cloud-based CRM system. Salesforce is a leading customer success platform that provides a comprehensive view of customers, enabling the company to make informed decisions by accessing and sharing relevant information. To achieve project success, it is essential for the business to align its planned objectives and direction with the scheme using the TOWS matrix. This matrix is an effective tool for determining the link between the company's strategic goals and the development it intends to undertake. Improved productivity with a highly inexpensive workforce Addition of Advanced expertise Salesforce can recover customer fulfilment. Highly competitive landscape Increasing inflation rate (Fábrega Ferrer, 2022). Internal Strengths Wide range of product portfolio with the industry- SO, Strategy Improve global operations capability by ST Strategy Increasing competition in the global industry can 8
centric product line. Multinational brand with global operations. increasing the competitiveness of 20,000 employees. Develop a market- centric product line using advanced technology (Pidun and Pidun, 2019). affect performance Using Salesforce for Digital transformation can increase the risk of cyber threats. Internal Weaknesses Limited understanding of salesforce and other advanced Technologies. Use of traditional technology to perform the operations WO Strategy IT skills among employees can be improved with the technological advancement of the cloud-based CRM system. The current project will provide an opportunity to integrate advanced technologies in internal operations. WT Strategy Limited IT understanding among the staff members can affect the competitiveness of the company Providing training to the workers in this increasing inflation can be a significant challenge (Dlouhá, 2021). Based on the link between the company's approach and scheme, a project organizational structure may be the best fit for the Hilti Group. This structure allows the company to form teams specifically for a particular project, with clear roles and responsibilities. In this structure, team members work under the project manager and can report directly to them. This structure is particularly useful when a company is undertaking a project that is distinct from its regular operations, and it requires specialized skills and expertise. 9
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The strengths of a project organizational structure include flexibility and agility, which permits the company to respond rapidly to change in the project situation. This structure also fosters better communication among team members, making it easier to identify and address issues that arise. In addition, this structure allows for a clearer focus on the project's objectives and timeline, ensuring that everyone is working towards the same goals. However, there are also some weaknesses associated with a project organizational structure. One of the significant challenges is the potential for team members to become too focused on the project and lose sight of the company's overall goals. Also, if the company lacks project management expertise, this structure can be difficult to manage and can lead to confusion and conflict among team members (Krause and Gebhardt, 2023). Another organizational structure that may be relevant to the Hilti Group is the matrix structure. This structure combines functional and project organizational structures, allowing team members to work on both functional and project teams simultaneously. The matrix structure can help the company to make better use of resources, as team members can be assigned to work on different projects based on their expertise. The strengths of a matrix structure include better coordination between departments and the ability to quickly adapt to changes in the project environment. However, this erection can also lead to misperception and conflict, principally if team members have conflicting priorities or work on multiple projects simultaneously. In addition, this structure can be complex to manage, requiring a high level of project management expertise. Recommendations In conclusion, the Hilti Group should consider a project organizational structure or a matrix structure when undertaking a project that requires specialized skills and expertise. While both structures have strengths and weaknesses, selecting the appropriate structure depends on the project's nature and the company's resources and capabilities. A project structure can provide flexibility and agility, while a matrix structure can make better use of resources, but both require effective project management to prosper. 10
In order to increase the likelihood of plan success, it is important for Hilti Group to implement an appropriate organizational structure that facilitates effective management and team member performance throughout the project's lifecycle. A recommended approach is the hybrid organizational structure, which enables the project manager to delegate responsibilities to team members from different departments with relevant technical expertise and efficient resource utilization. This structure combines both horizontal and vertical models, providing a cohesive group dynamic that fosters collaboration, job satisfaction, flexibility, and cost efficiency, resulting in an inclusive workforce that can accomplish project objectives. Additionally, this approach ensures a clear chain of command and accountability for team members, contributing to overall project success. However, it is important to recognize that there may be communication challenges and enforcement difficulties associated with such a complex structure, which must also be taken into account. C: Project Governance In this section, we will discuss the best way to make decisions inside a project, specifically in the context of the Hilti Group. The report will focus on two project governance frameworks, which are Stage Gate and OCG Gateway. We will critically compare and contrast these frameworks, and recommend which one is more suitable for Hilti Group. Additionally, we will discuss the functions of the Project Board and recommend project roles that should be present in Hilti Group's project to ensure good governance (Schneider et al., 2022). Project Governance Frameworks: Project governance is a set of principles, policies, and processes that define how a project is directed, managed, and controlled to achieve its objectives. Effective project governance is crucial to ensure that projects are delivered successfully, within budget, and on time. In this report, we will discuss two project governance frameworks - Stage Gate and OCG Gateway - and compare their advantages and disadvantages in relation to the Hilti Group's project. We will then recommend to the CEO which governance framework would enhance the success of the project. 11
Stage Gate: This framework is a plan management model that divides a project into phases, each of which accomplished before affecting. The framework emphasizes the importance of gate reviews, which are conducted at the end of each stage to assess progress and make go/no-go decisions (Cooper, 2022). Advantages: Structured approach: The framework provides a clear structure for project management, which makes it easier to plan, execute, and control projects. Risk management: The gate reviews help identify risks and provide an opportunity to mitigate them before moving on to the next stage. Disadvantages: Time-consuming: The framework can be time-consuming, as each stage requires a gate review, which can cause delays in project completion. Costly: The framework requires resources to be allocated to each stage, which can increase the overall cost of the project. OCG Gateway: The OCG Gateway framework is a project governance model that provides a series of gateways, which are critical decision points in a project's life cycle. The framework emphasizes the importance of objective, transparent, and evidence-based decision making (La Rocca, 2021). The advantages of the OCG Gateway framework are: Advantages: Transparency: The framework provides transparency to stakeholders, as decisions are based on objective evidence and data. Risk management: The gateways help identify risks and provide an opportunity to mitigate them before moving on to the next stage. Disadvantages: 12
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Resource-intensive: The framework requires resources to be allocated to each gateway, which can increase the overall cost of the project. Inefficient Time: The framework can be onerous, as each gateway requires extensive documentation and analysis, which can cause delays in project completion. Recommendation to the CEO: Based on the advantages and disadvantages of both frameworks, we recommend the OCG Gateway framework for the Hilti Group's project. The transparency and collaboration that the framework promotes can be beneficial to the project's success, especially given the size and difficulty of the scheme. Additionally, the risk management aspect of the framework aligns well with the Hilti Group's risk-averse culture. Functions of the Project Board: The Board is accountable for providing direction and guidance to the project team. It is the executive body for the scheme, and it ensures that the project is aligned with the organization's objectives. The key functions of the Project Board include: 1. Setting the strategic direction: The development board is accountable for situation the planned course of the project. This involves defining the project objectives, determining the project scope, and identifying the key deliverables that the project must produce. 2. Monitoring project progress: The project board is responsible for monitoring project growth and confirming that the project is on track to achieve its purposes. This involves reviewing project reports, analyzing project metrics, and identifying any issues or risks that may impact the project. 3. Managing project risks: The board is accountable for managing project risks. This involves identifying potential risks, assessing their impact on the project, and implementing risk extenuation strategies to minimalize the impact of these risks. 4. Ensuring stakeholder engagement: The project board is accountable for confirming stakeholder assignation. This involves classifying the project stakeholders, determining their needs and prospects, and developing plans to engage them throughout the project lifecycle (Ferrara, 2022). 13
Project Roles that Must Be Present in a Project for it to be Well-Governed: For a project to be well-governed, the following project roles must be present: 1. Project Manager: The project manager is accountable for the day-to-day organization of the project. This comprises planning, executing, and controlling the project activities to confirm that the project is distributed within the defined time, cost, and quality parameters. 2. Sponsor: The promoter is answerable for providing the necessary resources and support for the project. This includes providing funding, staffing, and other resources needed to execute the project successfully. 3. Stakeholders: The stakeholders are individuals or assemblies that have an interest in the plan or are affected by its outcome. Stakeholders may include customers, suppliers, employees, regulators, and other individuals or groups who have a stake in the project. 4. Project Board: This is responsible for overseeing the project and ensuring that it remains aligned with the organization's strategic objectives. This includes setting the strategic direction of the project, monitoring project progress, managing project risks, and approving changes to the project. Justification for the Recommended The recommended project roles for Hilti Group are justified based on the specific expertise, skills, and responsibilities required for the successful completion of each role. The roles are carefully selected and assigned to individuals based on their qualifications, experience, and ability to contribute to the project's goals and objectives. D: Leadership The Hilti Group is a global company that offers goods and services to the building industry. The corporation has a project in progress to develop a new product line that requires significant investment and innovation. In this project, the role of the project leader is vital for the achievement of the project. The project leader is accountable for planning, executing, and transporting the project objectives. The project leader must 14
have a clear understanding of the project scope, timeline, budget, risks, and stakeholders (Keil and Zangrillo, 2023). According to academic literature, the role of the project leader is vital for project success. The project leader must possess technical expertise, leadership skills, communication skills, and problem-solving skills to handle complex projects. The project leader must have a strong vision, mission, and strategy for the project and must be talented to connect this vision effectively to the project team and stakeholders. The scheme leader must also be able to inspire and inspire the project team to achieve project goals. In the case of the Hilti Group project, the project leader must have technical expertise in the construction industry and must possess strong leadership skills to lead the project team effectively. The project leader must also have excellent communication skills to manage stakeholder expectations and must be able to anticipate and mitigate project risks effectively. To achieve project champions efficiently, the project leader must recognize individuals who are avid about the scheme and who have the influence to promote it within the organization. The project leader must also provide project champions with the resources and support they need to be effective advocates for the project (Ozcáriz Lindstrom, 2022). The leader in charge of implementing a cloud-based CRM system must ensure that sufficient resources are available to prevent delays. These incomes can include finances, tools and tackle, time, and capable personnel to carry out the necessary activities. The migration to a new IT system may cause team members to lose motivation, and the project leader must address any negativity and uncertainty related to the change. Because this is a large-scale plan, it is essential to keep all investors, with the large staff, informed throughout the project's life cycle to avoid misunderstandings, miscommunication, and uncertainty. The Project leader is accountable for confirming that team members are fully aware of varying needs and necessities, as well as planned objectives, in order to attain on-time project delivery. If there are any changes in the plan phases, the Project leader must obtain support from the board associates and top-level organization before incorporating them into project activities (Lintz, 2020). 15
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Recommendations The Project leader has the responsibility of overseeing the project champions and ensuring that they are aligned with the overall strategic objectives of the project. This can be achieved by clearly defining the strategic goals and ensuring that they are communicated effectively to all team members. The project champions can help to ensure that the project goals related to CRM migration are met by collaborating with the team and finding solutions to any challenges that may arise. The project leader should also manage key project activities such as initiation, planning, implementation, monitoring, and control of the project budget and timeline. E: Advanced Planning and Scheduling The Hilti Group is a global company that offers innovative and high-quality tools, systems, and services to the construction industry. Advanced planning and scheduling (APS) is a crucial aspect of Hilti's operations, as it enables the company to optimize its production, inventory, and distribution processes to meet customer demands efficiently. Here are some ways Hilti can leverage APS: 1. Demand forecasting: Hilti can use historical sales data and market trends to forecast demand accurately. This will enable the company to plan production, inventory, and distribution in advance, ensuring that products are available when customers need them. 2. Capacity planning: APS can help Hilti optimize its production capacity by matching production with demand. This will ensure that Hilti's resources are used efficiently, reducing waste and increasing productivity. 3. Inventory optimization: With APS, Hilti can maintain optimal inventory levels, ensuring that products are available when customers need them. This will also reduce inventory holding costs and minimize the risk of stockouts. 4. Production scheduling: APS can help Hilti schedule production activities efficiently, reducing lead times and increasing throughput. This will enable Hilti to respond quickly to changing customer demands. 5. Distribution planning: APS can help Hilti optimize its distribution network, ensuring that products are delivered to customers in the most efficient and cost-effective way 16
possible. This will reduce transportation costs and improve customer service (Abdullai and Nuredini, 2020). Agile Agile and Waterfall are two popular project management methodologies that have been widely used in different industries. Agile emphasizes on flexibility and adaptability, while Waterfall emphasizes on a structured and sequential approach. In this response, I will compare the advantages and disadvantages of these two methodologies and then select the best methodology for a software development project (Thesing et al., 2021). Advantages: Flexibility: Agile is flexible and adjustable to changes, which means that the project team can make changes in supplies, scope, and design at any point in the project lifecycle. Customer Satisfaction: Agile methodology prioritizes customer satisfaction, and the team involves the customer in the expansion process. This helps to confirm that the final invention meets customer prospects. Faster time to market: Agile methodology emphasizes rapid development, enabling projects to be completed more quickly and reducing the time to market. Improved quality: Agile methodology promotes collaboration and continuous feedback, resulting in a higher-quality final product. Disadvantages: Lack of Documentation: Agile methodology is less focused on documentation, which can lead to a lack of clarity about project requirements and goals. High Dependency on Team: The achievement of an Agile plan depends on the skills and capabilities of the project team. If the team is not competent or has limited experience, it can negatively impact the project outcome. Waterfall Advantages: 17
Clear Structure: Waterfall methodology provides a clear structure, which makes it easier to understand project milestones, timelines, and goals. Predictability: Waterfall methodology is predictable and provides a clear understanding of project requirements, which can help to manage expectations and ensure project success. Documentation: Waterfall methodology emphasizes which helps to confirm that project requirements and goals are well-defined and understood by all stakeholders. Faster time to market: Agile methodology emphasizes rapid development, enabling projects to be completed more quickly and reducing the time to market. Improved quality: Agile methodology promotes collaboration and continuous feedback, resulting in a higher-quality final product. Disadvantages: Rigidity: Waterfall methodology is rigid and does not allow for changes or changes once a phase is finished. This can lead to project delays and increased costs. Customer Involvement: Waterfall methodology does not prioritize customer participation, which can result in a final product that does not meet customer prospects. Limited Flexibility: Waterfall methodology is less flexible than Agile, which can limit the ability to adapt to changes and unforeseen circumstances (Andrei et al., 2019). Recommended methodology I can provide some general information about project management methodologies that can help guide your decision. Agile methodology: This approach is characterized by iterative and incremental development, delivering a product in short sprints. Agile allows for changes in necessities and priorities as the project developments, ensuring that the final product meets the customer's needs. Agile is often used in software development but can be adapted to other industries as well. 18
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Waterfall methodology: In contrast to Agile, the Waterfall methodology is a linear method to project management. The project progresses through a series of phases, including planning, design, growth, testing, and deployment, with each phase dependent on the achievement of the previous one. This methodology is best suited for projects with well-defined and stable requirements. Change management and project organization are two intertwined processes that can significantly impact the success of an organization's projects. Project management involves planning, executing, and controlling a project's resources to achieve specific objectives within a specified timeline and budget. On the other hand, change management deals with the people side of change and how to prepare, support, and help individuals and teams to adapt to new circumstances (Solbach, 2021). Effective change management is critical in ensuring that the transition from the current state to the desired state is smooth and seamless. Project management, on the other hand, provides a structured framework for delivering the desired outcome. The two processes are interdependent because the achievement of the project's delivery depends on the effective management of the people affected by the project. Therefore, incorporating change management into a project plan is essential to increase the project's chances of success. To advise the CEO of the Hilti Group on how to include change management into the project in a organized manner, I recommend the Kotter's eight-step change management model. This model includes making a sense of urgency, building a coalition, forming a strategic vision, communicating the vision, authorizing others to act on the vision, creating short-term wins, consolidating gains and producing more change, and fastening new approaches in the government's culture. Involving people precious by the project in the change organization procedure is crucial in ensuring their commitment and support for the project's success. One way to involve them is through effective communication. Communication should be timely, transparent, and relevant to ensure that the stakeholders understand the need for the change, the expected outcomes, and how the change will affect them. Additionally, stakeholders should be involved in the project's planning, execution, and monitoring stages to ensure their 19
needs and concerns are addressed, and their feedback is incorporated into the project plan (Gudergan et al., 2022). An example of a real-life project that incorporated change management and project management is the merger between DaimlerChrysler. The merger involved two large companies with different cultures, management styles, and operations. The project management team used the Kotter's eight-step change management model to develop a shared vision, align the organization's structure and culture, and develop a communication strategy that ensured all stakeholders understood the merger's benefits and potential challenges. Change management and project management are interdependent processes that organizations should integrate to ensure successful project delivery. Incorporating change management into a project plan using the Kotter's eight-step change management model and involving people affected by the project through effective communication and stakeholder engagement can increase the project's chances of success. Real-life examples such as the DaimlerChrysler merger demonstrate the importance of incorporating change management and project management for successful project delivery. The decision to migrate from SAP CRM to Salesforce CRM can be challenging for Hilti Group's staff who are accustomed to the former system. It can cause resistance and other issues through the change procedure, which must be effectively achieved by the project manager. To dazed the resistance to change, an effective change management plan is necessary, and Kotter's 8-step change classical can be used to achieve this. The first step in the change management process is to develop an urgency for change among team members, highlighting the current IT system's problems and opportunities. The next step involves forming a powerful guiding coalition that consists of change leaders and stakeholders from different functional departments. The coalition identifies the weak areas within the team (Gudergan et al., 2022). After identifying the core business values related with the IT system relocation to Salesforce CRM, a proper plan and vision should be developed. The change leaders must communicate the vision to all stakeholders, motivating them to accept the change and addressing their concerns and issues honestly. 20
Obstacles and barriers associated with the change must be identified, and proactive risk strategies should be implemented to remove them for a smooth change management process. Short-term wins should be created for the team members to develop a sense of victory and motivation at the early phases of the change. Constant improvement in the change procedure is necessary to achieve success. The project leaders should share the success of the change process with the team members and stakeholders and ensure that the change becomes an integral part of the business culture, which helps in overcoming resistance to future change. Essential support should be providing to new and current users to enlarge their information related to the change (Ozcáriz Lindstrom, 2022). Conclusion The report recommends that Hilti Group adopts a new Salesforce cloud-based CRM system to improve customer relationships through efficient project and change management. The organization should use a scoring model to identify the best project to pursue and select an appropriate governance structure. Employing the waterfall project methodology and Kotter's 8-step change model will assist project leaders and managers in achieving objectives and seamlessly integrating the new IT system while effectively managing team member and stakeholder feedback. References ABDULLAI, B. & NUREDINI, B. 2020. B2B or B2C, this is the question: A case study over implementation of B2B and B2C models in the same sector and a cross- company e-business model evaluation. ANDERSSON, T., WARELL, A., ÖLVANDER, J. & WEVER, R. 2021. Product Portfolio Management in Industrial Design: a model of design strategies for mature portfolios. International Journal of Product Development, 25 , 343-368. ANDREI, B.-A., CASU-POP, A.-C., GHEORGHE, S.-C. & BOIANGIU, C.-A. 2019. A study on using waterfall and agile methods in software project management. Journal of Information Systems & Operations Management , 125-135. 21
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COOPER, R. G. 2022. The Stage-Gate system for product innovation in B2B firms. Handbook of business-to-business marketing. Edward Elgar Publishing. DLOUHÁ, M. 2021. Corporate Social Responsibility as a Competitive Advantage for International Companies. FÁBREGA FERRER, J. 2022. Key Indicators for a Sustainable Building within Hilti. Universitat Politècnica de Catalunya. FERRARA, V. 2022. Environmental policies as a key to growth: the Hilti and 110% Superbonus case. GUDERGAN, G., FEIGE, B. A., KRECHTING, D. & CONRAD, R. 2022. Framework for Managing Business Transformation. Handbook Industry 4.0: Law, Technology, Society. Springer. GUENZI, P. & HABEL, J. 2020. Mastering the digital transformation of sales. California Management Review, 62 , 57-85. KEIL, T. & ZANGRILLO, M. 2023. The Next Leadership Team: How to Select, Build, and Optimize Your Top Team , Taylor & Francis. KRAUSE, D. & GEBHARDT, N. 2023. Methodical Development of Modular Product Families: Developing High Product Diversity in a Manageable Way , Springer Nature. LA ROCCA, G. 2021. Quality Management for the Built Environment. Industry 4.0 for the Built Environment: Methodologies, Technologies and Skills. Springer. LINTZ, T. J. 2020. Resilience and Leadership Development. University of Pennsylvania. OZCÁRIZ LINDSTROM, M. 2022. Introducing sustainability in supply chain: application to Hilti. Universitat Politècnica de Catalunya. PIDUN, U. & PIDUN, U. 2019. Corporate growth strategy. Corporate Strategy: Theory and Practice , 95-126. PLYM, A., PENNEY, K. L., KALIA, S., KRAFT, P., CONTI, D. V., HAIMAN, C., MUCCI, L. A. & KIBEL, A. S. 2022. Evaluation of a multiethnic polygenic risk score model for prostate cancer. JNCI: Journal of the National Cancer Institute, 114 , 771-774. SCHNEIDER, J., ABRAHAM, R., MESKE, C. & VOM BROCKE, J. 2022. Artificial intelligence governance for businesses. Information Systems Management , 1-21. 22
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SOLBACH, J. G. P. 2021. Performance Management through Compensation and Motivation: An Intervention Study Beyond Pay for Performance in the Sales Force. Universität St. Gallen. THESING, T., FELDMANN, C. & BURCHARDT, M. 2021. Agile versus waterfall project management: decision model for selecting the appropriate approach to a project. Procedia Computer Science, 181 , 746-756. VOM BROCKE, J., PETRY, M., SINNL, T., KRISTENSEN, B. Ø. & SONNENBERG, C. 2010. Global processes and data: The culture journey at Hilti Corporation. Handbook on Business Process Management 2: Strategic Alignment, Governance, People and Culture , 539-558. VOM BROCKE, J., WEBER, M. & GRISOLD, T. 2022. Design science research of high practical relevance: dancing through space and time. Engineering the Transformation of the Enterprise: A Design Science Research Perspective. Springer. Appendix Self-evaluation 23
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