Congratulations, you are the new lead project manager at Higher-Up Beverage company. The company started several years ago in niche beverage markets such as kombucha tea, probiotic drinks, new age sports drinks and newly created adult-oriented beverages. Higher-Up started in these categories with the goal of being positioned to enter the cannabis beverage market which has been gaining in popularity. However, they have regulatory and legal approval to move forward. You have built a project plan around getting ready to launch on 6/1/2022, the expected time that regulatory and legal barriers are removed, and commercial sales could start. To everyone’s surprise in an unexpected ruling, this can now be open to the market on 1/1/2022, requiring you to accelerate the project and reduce time to be ready for launch as soon as possible!The CEO Hailey Voorhees has called you about the changes and tell you that you have her full support to remove any barriers and make capital available at any cost to hit the 1/1/2022 date. She has asked you for a plan that accelerates the timeline. She is excited that she feels we are one of the few companies that can be one of the first to market and take a significant share of the market, IF, we are ready to go for 1/1/2022!
Congratulations, you are the new lead project manager at Higher-Up Beverage company. The company started several years ago in niche beverage markets such as kombucha tea, probiotic drinks, new age sports drinks and newly created adult-oriented beverages. Higher-Up started in these categories with the goal of being positioned to enter the cannabis beverage market which has been gaining in popularity. However, they have regulatory and legal approval to move forward. You have built a project plan around getting ready to launch on 6/1/2022, the expected time that regulatory and legal barriers are removed, and commercial sales could start. To everyone’s surprise in an unexpected ruling, this can now be open to the market on 1/1/2022, requiring you to accelerate the project and reduce time to be ready for launch as soon as possible!The CEO Hailey Voorhees has called you about the changes and tell you that you have her full support to remove any barriers and make capital available at any cost to hit the 1/1/2022 date. She has asked you for a plan that accelerates the timeline. She is excited that she feels we are one of the few companies that can be one of the first to market and take a significant share of the market, IF, we are ready to go for 1/1/2022!
Using the following techniques that are options to accelerate the project:
Resources Are Not Constrained
?Add resources
?Outsource project work
?Schedule overtime
?Establish a core project team
?Do it twice—fast and correctlyResources Are Constrained
?Improve project team efficiency
?Fast tracking
?Use critical-chain management
?Reduce project scope
?Compromise quality
Your assignment:
1) Complete the following:
a. Discuss each option and advise if it would be feasible or not an option to use in this project.
b. See attached excel file with cost and time data. Only Work done by New Heights Construction must start on the week indicated. All other projects can be moved up by 14 weeks a the most.
c. Provide a scenario, for the best date you can hit and the financial impact of hitting the next date you advise. If you can not hit the 1/1/2022 date, explain what workstreams are constrained that prevent you from hitting that date. (This should be explained in your executive summary)
