project diagram
philxu1988
group_project_gestove_07132013.pptxGroup Assignment
GE Cooking Stove
Group 4
Suman Singh, Biao Su, Zhe Xu, Po-Han Shih
GE Cooking Stove
Project Objective : To build a new cooking stove for General Electric within 8 months with a budget of $10M, that has all the latest state of the art features of a cooking stove, meets all the federal regulations of the United States and is available to consume both the power sources – gas as well as electricity.
High-level Schedule Estimate:
Initiation: July 4th week, 2013
Planning: Aug. 3rd week, 2013
Market Research: Oct. 1st week, 2013
Design: Dec. 1st week, 2014
Prototype: Jan. 4th week, 2014
Testing: Feb. 2nd week, 2014
Review: Feb. 3rd week, 2014
High-level Cost Estimate:
$5.675M (Initiation – $25K, Planning - $75K, Market Research – $500K, Design - $2M, Prototype - $2M, Testing - $500K, Review - $75K, Contingency – $500K)
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GE Cooking Stove
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Business case: There exists an enormous untapped opportunity to produce and supply cooking stove to General Electric. General Electric can use its distribution networks, brand image (of providing high quality goods) and skilled marketing network to distribute the products.
The following are the demand drivers of the business
High Price of Gas
Ease of Use with both Gas & Electricity
Environment Friendly
Cost Effective through lower running cost and higher shelf life.
GE Cooking Stove
Our Unique Selling Proposition (USP)
Innovative Technology
Possible Usage of the Existing Supply Chain Management of GE.
Expertise & Experience.
Some notable features of the stove
Dual Fuel source for cooktop and oven (Gas (Natural Gas, Propane) & Electricity)
Induction variant for Electric stove
Multiple Design features (Freestanding, Slide-in and Drop-in)
Multiple sizes to accommodate different kitchen sizes (30” with 6 burners & 24” with 4 burners)
Multiple cooking oven preferences (Conventional, convection and auto conversion feature)
Multiple cooktop surface (Ceramic and glass); Scratch proof surface with No drip raised to prevent boil-overs.
Auto-shutoff feature to prevent fires
Touch Screen controls and metallic knobs
Multiple finishes – Steel, black, white and ability to change the surface with different shades matching kitchen cabinets with self cleaning feature.
Back illumination for controls and Warming drawer
Programmable features accessible from iphone/android apps
EPA’s Energy Star Certified
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GE Cooking Stove
Advantage accruing to General Electric .
Opportunity to establish its name in the Gas Stove Market.
Huge market Size
Leverage of its brand and Supply Chain Management
Lower Cost and consequent Higher Margins
Opportunity of Cross Selling.
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The Business Case Presents a Win-Win Situation for all.
GE Cooking Stove
Priorities
Explanation: The launch of the stove by March 2014 is the highest priority to garner larger market share and pre-empt the advantage of NewGen Stove launch by cookers corporation. The scope has been defined in close coordination with market research team, but it can be enhanced and cost can exceed a little, to meet the timelines.
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| Scope | Time | Cost | |
| Constrain | |||
| Enhance | |||
| Accept |
| Element | Priority |
| Time | 1 |
| Cost | 4 |
| Scope | 2 |
| Quality | 3 |
Responsibility Matrix
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| Deliverables | Design | Management | Production | Testing | QA | Delivery | Manufacturing |
| Approvals | 5 | 1 | 2 | 2 | 3 | ||
| Stove design | 1 | 2 | 4 | 3 | 2 | ||
| Stove specifications | 3 | 3 | 2 | 1 | 3 | 3 | |
| Final design | 1 | 3 | 2 | 2 | 3 | 2 | |
| First product | 3 | 4 | 1 | 2 | 3 | 4 | |
| Product inspection | 4 | 2 | 2 | 1 | 3 | 4 | |
| Product tests | 4 | 3 | 2 | 1 | 3 | 5 | |
| Production | 4 | 3 | 1 | 3 | 2 | 2 | |
| Customer feedback | 4 | 1 | 4 | 2 | 2 | 3 |
| 1 Responsible |
| 2 Support |
| 3 Consult |
| 4 Notification |
| 5 Approval |
GE Cooking Stove: Communications Plan
| Deliverable | Description | Delivery Method | Frequency | Owner | Audience | |
| Reports | Project status report | Regular update on project including status and issues | Weekly | Project Manager | Project Manager Project Sponsor Project Team | |
| Quality audit report | Regular update on project quality performance | Weekly | Quality Manager | Project Manager Project Sponsor Project Team Quality Manager | ||
| Presentations | Project Dashboard | A concise display of current status of the project and various metrics | Sharepoint | Fortnightly | Project Manager | Project Manager Project Sponsor Project Team |
| Project Announcements | Task reminders | Task owner schedule reminders | Daily | Project Manager | Project Manager Project Team | |
| Key Milestones | List of key milestones | Sharepoint | Weekly | Project Manager | Project Manager Project Team | |
| Reviews and Meetings | Steering Committee Meeting | High Level Review Meeting with key stakeholders | Meeting | Monthly | Project Manager | Project Manager Project Sponsor |
| Team meeting | Meeting to review project status | Meeting | Weekly | Project Manager | Project Manager Project Sponsor Project Team Quality Manager | |
| Team Building | Team Get-together | Regularly schedule team get-together | Event | Quarterly | Project Sponsor | Project Manager Project Sponsor Project Team |
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GE Cooking Stove
Major Deliverables:
Project plan
Design Specifications
Prototype
Test plan
Lessons Learnt & Project Closure
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GE Cooking Stove
Limitations & Exclusions:
Procurement of parts will be handled by Procurement group
Any advancement in the federal regulations and standards will be handled in later releases of the product
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GE cooking Stove
Deliverables for Project
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| Phase | Milestone |
| Initiation | Project Charter |
| Planning | Project Plan |
| Design | Design Specifications |
| Execution | Prototype |
| Testing | Test Plan |
| Closure | Review Lessons Learnt |
GE Cooking Stove
High level Cost estimate for Project
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| Deliverable | Cost Estimate | Duration Estimate |
| Initiation | $25K | 22 Days |
| Planning | $75K | 15 Days |
| Market Research | $500K | 31 Days |
| Design | $2M | 43 Days |
| Prototype | $2M | 40 Days |
| Testing | $500K | 55 Days |
| Review | $75K | 3 Days |
| Contingency | $500K | 10 Days |
GE Cooking Stove
Stakeholders
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| Stakeholder | Position |
| Project Sponsor | VP – Appliance Products |
| Project Manager | Project Manager |
| Project Team | Design Team, Engineering Team, QA Team, Production Team |
| Suppliers/Vendors | Sears, Home Depot, JC Penny |
| Consumers/Users | Dealers, Consumers |
| Other Interested Parties | Retailers, Suppliers, Competitors |
Risk Register
| Risk Statement | % PE | % PI | Est. $ Amt. of mp. | EMV Exp. Loss | Est. Dur. Sch. Loss | Exp. Sch. Loss |
| Risk: The time allocated to fix the defects after testing may be insufficient. Impact: The quality of product may be impacted causing loss of faith and rework from $100K to $500K. | .75 | 1 | -$500K | -$375K | -15 d | -11.25 d |
| Risk: The estimates for development may be inaccurate by 1 to 3 weeks. Impact: The product launch may be delayed from 1 to 3 weeks at a cost to the company from $1M to $2M. | .6 | .33 | -$2M | -$396K | -15 d | -3 d |
| Risk: The procurement of parts may be delayed. Impact: The product launch may be delayed from 1 to 3 weeks at a cost to the company from $1M to $2M. | .25 | .65 | -$2M | -$325K | -15 d | -2.5 d |
| Risk: The testing may not complete as per schedule. Impact: The project’s schedule may be delayed by 5 days at a cost to the budget of $100K. | .3 | 1 | -$100K | -$3000 | -5 d | -1.5 d |
| Risk: There may be compatibility issues between apps and stove. Impact: The project’s schedule may be delayed by 1 to 2 weeks at a cost to the budget from $100K to $200K. | .25 | .5 | -$200K | -$2500 | -10 d | -1.25 d |
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Contingency Reserve for Budget: $500K; Contingency Reserve for Schedule: 25 days.
Legend:
PE = % Probability of the Risk (example 30%); PI = % Probability of the Impact (example 40%)
Estimated $ Amount of Impact = Estimate the cost of the impact should it occur; EMV / Expected Loss = Column (A)*(B)*(C)
Estimated Duration of the Schedule Loss = Estimate the number of weeks that the schedule will be delayed should the impact occur
Expected Schedule Loss = Column (A)*(B)*E
GE Cooking Stove
Success criteria: Launch of the cooking stove prototype by Mar. 2014 with fewer than 5 major defects and with in ±5% of budget allocated.
Approver : VP- Appliance Products
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