GM591 Unit 3 Assignment SST Proposal

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1 Scaled Composites Project Narell A. Haigler Purdue University Global GM591: Project Planning and the Project Plan Dr. Simon Cleveland November 18, 2023

2 Table of Contents Table of Contents ........................................................................................................................................ 2 Executive Summary ..................................................................................................................................... 3 Introduction ................................................................................................................................................. 3 Project Overview ......................................................................................................................................... 3 Incorporating the XPRIZE Vehicles into the Existing Program .................................................................. 3 Establishing the XPRIZE vehicles into a Stand-alone Program ................................................................. 4 Establishing a Portfolio of XPRIZE Vehicles .............................................................................................. 6 Recommended Course of Action ................................................................................................................. 7 Conclusion ................................................................................................................................................... 7 Resources .................................................................................................................................................... 9

3 Executive Summary Individual projects offer the advantage of focused specialization, allowing professionals to develop expertise in a specific area. On the other hand, portfolios with projects provide a broader perspective of an organization’s skills and capabilities. Space Systems Technologies (SST) aims to provide insight on the advantages and disadvantages of individualized project vs. integrated projects vs. portfolio management. The choice between individual projects, integrated projects, and portfolios depends on organizational goals, industry norms, and the specific requirements of Scaled Composites. Without determining best practices to successfully carry out Scaled Composites requirements, Space Systems Technologies is at risk for losing the pursued proposal. Introduction The integration of the XPRIZE vehicle assembly into an existing program proves to be the most favorable option due to its potential to maximize resource efficiency, capitalize on established expertise, and mitigate the risks associated with pursuing separate projects or portfolios. Space System Technologies can adhere to their strategic plan and mission, while ensuring the continuation of future projects. Project Overview Incorporating the XPRIZE Vehicles into the Existing Program The disadvantage of managing multiple projects on a single assembly line poses a unique set of challenges that require careful consideration and planning. One of the primary difficulties revolves around SST resource allocation and time management, “When your project requires

4 more resources at a given time than you have available, the resultant resource overload must be managed” (Dobson & Dobson, 2011, p.84). With multiple projects running simultaneously with XPRIZE, it becomes essential for SST prioritize tasks while ensuring that each project receives adequate attention. Additionally, coordination becomes more complex, as different projects may have distinct timelines, requirements, and teams involved (Jainendrakumar, 2015). This can lead to potential conflicts and delays if not effectively managed by SST. Moreover, maintaining quality control and preventing cross-contamination between projects become vital concerns, as errors or inconsistencies that appear in any area project can have a ripple effect in other places. In return, the Scaled Composites project could potentially suffer from scope creep, especially in regards to time and cost. An advantage of having multiple projects on one assembly line can offer several benefits. First and foremost, it allows for improved efficiency and resource utilization since SST already has the aerospace setup. Instead of dedicating individual assembly lines for each project, multiple projects can be accommodated on a single line, reducing the need for redundant equipment and manpower. According to Scaled Composites, they currently work to integrate their systems during the build process, (Composites, 2023). Integrating multiple projects on one assembly line enables companies to maximize efficiency, optimize resources, foster employee development, and reduce operational costs (Project Management Institute, 2017). Lastly, having multiple projects on a single assembly line can also result in cost savings, as it eliminates the need for separate facilities and maintenance expenses. Establishing the XPRIZE vehicles into a Stand-alone Program Establishing the XPRIZE vehicles into a stand-alone program offers numerous advantages for Space Systems Technologies (SST). By creating a separate program specifically

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