ou have been hired by a website design, production, and hosting company whose new animated website designs are attracting a lot of attention and many customers. Currently employees are organized into different functions such as hardware, software design, graphic art, and website hosting, as well as functions such as marketing and human resources. Each function takes its turn to work on a new project from initial customer request to final online website hosting. The problem the company is experiencing is that it typically takes one year from the initial idea stage to the time a website is up and running: the company wants to shorten this time by half to protect and expand its market niche. In talking to other managers, you discover that they believe the company's current functional structure is the source of the problem-it is not allowing employees to develop websites fast enough to satisfy customers' demands. They want you to design a better structure. Discuss how you can improve the way the current functional structure operates so it speeds website development Discuss the pros and cons of moving to a (a) multidivisional, (b) matrix, and (c) product team structure to reduce website development time. Which of these structures do you think is most appropriate, and why? What kind of culture would you help create to make the company's structure work more effectively?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
You have been hired by a website design, production, and hosting company whose new animated website designs are attracting a lot of attention and many customers. Currently employees are organized into different functions such as hardware, software design, graphic art, and website hosting, as well as functions such as marketing and human resources. Each function takes its turn to work on a new project from initial customer request to final online website hosting. The problem the company is experiencing is that it typically takes one year from the initial idea stage to the time a website is up and running: the company wants to shorten this time by half to protect and expand its market niche. In talking to other managers, you discover that they believe the company's current functional structure is the source of the problem-it is not allowing employees to develop websites fast enough to satisfy customers' demands. They want you to design a better structure. Discuss how you can improve the way the current functional structure operates so it speeds website development Discuss the pros and cons of moving to a (a) multidivisional, (b) matrix, and (c) product team structure to reduce website development time. Which of these structures do you think is most appropriate, and why? What kind of culture would you help create to make the company's structure work more effectively?
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