Current Practice in Project Management an empirical study written by Essay

Current Practice in Project Management an empirical study written by Diana White and Joyce Fortune - Essay Example This essay presents that out of the 995 questionnaires sent to the respondents who belonged from 620 organizations from both public and private sector, only 236 returned for further processing. The data analysis revealed that out of the 16 project types, information technology projects dominated the scene with 25 percent followed by business or organizational change projects with 14 percent. Almost 37 percent of the projects were being carried out for a client organization and the rest were for the host organization. Finance, insurance, and banking sector represented the most number of projects, however, when it came to client organizations transportation, and communication organizations were at the top of the list. The survey appeared to be highly skewed towards large organizations because 66 percent of the respondents identified themselves working for organizations with more than 1000 employees. Most of these projects were huge because a considerable percentage of these projects ha d hundreds of people directly involved. Only 47 percent of the respondents had the title of â€Å"project manager†, however, almost 63 percent did confess regarding managing the project. 43 percent and 33 percent of the respondents stated that they were the main decision makers and they were involved in the decision making process. There was great deal of diversity when it came to project duration because there were projects that lasted only less than 6 months and there were projects, which were stretched out over a period of more than 61 months. (White & Fortune, pp. 2, 2002). Almost 65 percent of these projects were of the duration of 6-24 months. Over 85 percent of the respondents that it was fair for them to classify their projects as successful with six or seven ratings at a scale of 1 to 7 with seven bring highly successful. Budgets, schedule and client requirements were top three criteria for measuring the success of projects. The research also attempted to explore the side effects, whether desirable or undesirable which emerged during or due to the project. Increased business/sales opportunities and greater knowledge of the business were the top two desirable side effects.

Lunching new product in Qatari market Essay Example | Topics and Well Written Essays - 2250 words

Lunching new product in Qatari market - Essay Example Weaknesses: A major setback for the company is the underlying marketing cost of this product as well as the acceptance of this innovative product by the masses. The market research is prone to validity and reliability issues and even a company with excellent management and marketing personnel, it is feared that not many buyers are actually attracted. Also, since the cost of a PVC sometimes goes up to $400 per cell, the production cost of these cars might exceed the estimated budget. These cars also get extremely heated from the inside and may be prickly to drive (Why to buy a Solar powered Car, n.p.). 4 Opportunities: Solar cars are the most environment friendly cars to use. This factor can be cashed whilst generating a positive word of mouth for the company. Affiliating with organizations that promote Go Green concept can also benefit the new born company. With consumers needs shifting to preferring environment friendly products, this can go into the company’s benefit. Moreover, the economy of Qatar is permeable to new entrants and Smart Solar Cars can survive. 4 Threats: Competitors, both local and international, are an obvious threat. The fear of unsuccessful marketing efforts made to shift Qatari consumers from the conventional cars to solar powered cars, as well as the constant terror of unpredictable recession stay as major threats. 5 The company is named Smart Solar Cars Ltd which is an entirely new brand to be launched in Qatar. The main target market that these cars cater to, are the young individuals, and first time buyers of the car. The company is anticipated to be launched in Qatar in January 2012. The primary mission is to ‘go green’ in the future and save the natural resources to their maximum. The main objective of launching this product is to create awareness amongst people on the usefulness of the solar