Initiating the Project - Problem Set 2
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ProjectsfromWeek-1.docxPROJECT VS. OPERATIONS EXERCISE
Title Project Article #1: US $54bn Sound Transit 3 (ST3) construction project
City: Seattle
News source (APA reference): Ilolo, P. (2020, March 2). US $54bn sound transit 3 (ST3) construction project. Retrieved from https://constructionreviewonline.com/2020/03/us-54bn-sound-transit-3-st3-construction-project/
Web address: https://constructionreviewonline.com/2020/03/us-54bn-sound-transit-3-st3-construction-project/
Brief Description:
Why is this a Project?
The activity is a project because it aims to develop a service, that is rail transport that will connect the Seattle with neighboring cities. Also, the project has a time at which it expected to have completed, which 2041. The project has well-laid down plan and set milestone and deliverables that must be delivered in the process of implementing it. Also, it will be implemented in phases that will see some parts functions while other is being constructed.
The project company that was awarded with the contract has selected the best mangers will soft and hard skills required for the implementation. Also, the project life-cycle has been drafted which the team is expected to follow from the beginning to the end of the project.
Title Project Article #2: Second Avenue Subway, New York
City: Manhattan, New York, USA
News source (APA reference): Second Avenue subway, New York. (2017, January 19). Retrieved from https://www.railway-technology.com/projects/second-avenue-subway-new-york
Web address: www.railway-technology.com/projects/second-avenue-subway-new-york
Brief Description:
Why is this a Project?
The second avenue construction is a government project that has time-bound estimated to be completed in 2029; the first phase began in 2007. The project has its primary goal of reducing traffics in to reduce passenger traffic in Lexington avenue. These is one characteristic that make this construction to be categorized as a project. It is having a time -bound which is estimated to be about 22 years. During this time project activities shall be initiated at different phase where the completion of each phase will be assessed to find out if the it meets the specified requirements. The activities that are being undertaken in this project are unique and leads to the construction of a unique rail system that meets the standard requirements.
Title Operations Article #1: Tesla Model 3 Production Lags as Gigafactory Hits Delays
City: Fremont, California
News source (APA reference): HUll, D. (2018, February 15). Tesla Model 3 production lags as Gigafactory hits delays. Retrieved from https://www.industryweek.com/supply-chain/article/22024472/tesla-model-3-production-lags-as-gigafactory-hits-delays
Web address: www.tesla.com
Brief description:
Why is this Operations?
Since the launch of the electric vehicle, tesla has dedicated most of the efforts to mass production. This is an ongoing operation to produce enough products that will meet the global demand for the products. According to Hull, the company is striving to meet the demand. If the organization achieve the its goals, the it will get profits from the sales. Therefore, it engages the same methods, activities to produce the model. The model is one of the revolutionary vehicles in the industry and what the world is currently heading. As one of it is ongoing operations Tesla has hired the high-skilled operation manager that will work to in the manufacturing operation that will ensure that the company meets that target number of vehicles per year.
City: Toronto
News source (APA reference): Saminather 3 MIN READ, N. (2019, July 25). Newmont CEO says Goldcorp mines need about three years of development, exploration work. Retrieved from https://www.reuters.com/article/us-newmont-goldcorp-results/newmont-ceo-says-goldcorp-mines-need-about-three-years-of-development-exploration-work-idUSKCN1UK1II
Web address: www.reuters.com/article/us-newmont-goldcorp-results/newmont-ceo-says-goldcorp-mines-need-about-three-years-of-development-exploration-work-idUSKCN1UK1II
Brief description:
Why is this Operations?
The gold mining operation which Newmont is undertaking in Toronto is one of its ongoing gold mining operations in the world. The operation of extracting gold from soil deposit and sold them to the companies that refine them to produce a different product. The activities are an example ongoing operation because the firm continues to extract the gold from the mines with no defined time the gold will get exhausted. The extraction of gold from the deposits call for the use of similar methods and processes which are repetitive in nature. The process starts from the time the gold is extracted to the time it is refined to fine pieces without any impurities. The ongoing operation of the company has no finite date that it will end as far as the gold is still in the deposit the extraction will continue.
References
Bottom of Form
Top of Form
Timothy, K. J., Vittal, A., & Kathryn, W. N. (2016). Contemporary Project Mangement. Cengage Learning: Boston.
