Development And Release Of The Kestrel 2100 Aircraft Essay
2097 Words9 Pages
1. Introduction
This report will examine aspects of project management strengths and weakness in relation to the development and release of the Kestrel 2100 aircraft (TK21) by Transair Aircraft Industries (Transair).
A project is the temporary endeavour undertaken to create a unique product or service. The elements of projects are: complex and one-time processes; limited by budget; schedules and resources; developed to resolve a clear goal or set of goals; and customer focussed. Project management the application of processes, methods, knowledge, skills and experience to achieve the project objectives. Tom Peters an American business management writer states a “Projects, rather than repetitive tasks, are now the basis for most value-added in business” (Peters, 1991, p. 1).
Discussion points will include issues with project management, solutions proposed that may have resulted meeting or exceeding stakeholder needs or expectations.
2. Strength of Kestrel 2100 (TK21) project
The CEO demonstrated the creative idea to commence the project, and had the entrepreneurial ability to sell his idea to the board of directors and receive approval for funding of the TK21 project. This demonstrated the fundamental aspects of a project; A Guide to Project Management Book Of Knowledge, (2000, p. 4) states a project is ”a temporary endeavour undertaken to complete a unique product, service, or result.”
Project Management requires strong leadership for projects to become successful