Hence every DBT possess a particular design goal allocated by management. The WBS is planned to wholly describe everything inside the program. A WBS defines the product(s) to be developed or produced and connects the constituents of work to be attained mutually and to the final product. Hence the role of WBS is important in planning and assigning management and technical duties; and evaluating and controlling the progress made and also the position of the engineering endeavors, resource allocations, cost estimates, expenses, and cost & technical performance. (Clark; Littrell, 2002)
Giving a logical framework for mentioning the technical purposes of the program, the WBS initially defines the program on the basis of the hierarchically associated, product-oriented factors and the work processes needed for their accomplishment. Every constituent for the WBS gives logical synopsis points for evaluating technical accomplishments, and for computing the cost and scheduled performance gained in achieving the specified technical objectives. In case of every WBS element, the detailed technical objectives are defined as also the particular work responsibilities allotted to each contractor organization element; and the resources, materials, and processes needed to accomplish the goals.
The WBS is (i) recognized on the Contract Data Requirement List -- CDRL (ii) included along with that of the Statement of Work -- SOW; and (iii) submitted finally as part of the draft Request for Proposal -- REP. The format for developing a WBS is stated in the Military Handbook 881 that has the format for the seven types of systems. These are (i) Missile Systems (ii) Ordnance System (iii) Ship System (iv) Space System (v) Surface Vehicle System (vi) Aircraft System (vii) Electronic Software System. (Clark; Littrell, 2002) f) Work Teams Utilization:
Under Work Teams Utilization, it is the responsibility of the Project Manager and Team Members to know what exactly is needed to be accomplished on a daily basis. It is on the part of the Executive to oversee both the complete scenario and its details in order to raise matters, anticipate the bottlenecks, and interrogate difficult questions. The person remains responsible for finding out the risks, guiding the managers, assisting in solving the problems, appraising the progress, and making the managers responsible. It has to be ensured by the executive that the every project are completed by the scheduled dates, and remain within the budgetary constrains and synchronized with other projects. This needs basic knowledge as also thorough attention to the general plan. In the absence of the details, it will be difficult on the part of the manager to provide leadership needed for implementation. (Girst, 2005)
Utilization of Work teams for strategy execution needs not just attention to detail and verifying personally, but also a feeling of and an appreciation of the psychology involved. The strategy is needed to be broken down in short-term lasting for 0-2 years, midterm of 2-5 years, and long-term objectives. At the time of developing implementing plans, it is needed to build chance for early wins, although they are small ones. Achievements in early stages motivate the team and make longer-term goals appear increasingly practical and attainable. Ways for improvements have to be seen that can be made quickly for making an influence on the organization. (Girst, 2005) g) Staffing:
The staffing pattern at General Dynamics is one of an efficient structure where there is a Leadership Team consisting of (i) Lou Von Thaer who is the Corporate VPP, GD & Advanced Information Systems (ii) Nancy Sturges serving as the Senior VP, Operations. The various other VP & General Manager oversee the functioning of various divisions like Engineering Development and Integration Systems, Intelligence and Exploitation Systems, Maritime Digital System and Surveillance and Reconnaissance Systems. Besides, there are Senior Vice President, Engineering, Technology and Chief Technology Officer, Vice President, Finance; Vice President and General Counsel; Vice President, Human Resources & Administration. (Leadership Team) h) Employee and Management Development:-
Employee Development Program -- EDP are the proposals to foster learning for the employees through the workplace. The distinguishing feature of EDP from conventional training programs are (i) voluntary participation of the learner (ii) the learning happens mainly or even exclusively as per the learner's time and pace (iii) the targeted participants is free to choose about the topics with comparatively few restrictions (iv) the activities supported are in addition to the usual job related training and development (v) it is the employers who pay towards the cost of learning. (Employee Development Programs) i) Motivating employees:
The employer's expectation of people and the people's expectation of them are the important factors in deciding the quality...
Company audit occurs when there is need to examine the performance of a big company especially the financial and the accounting records over a given period of time. Professionals such as the certified public accountant always do the auditing. The audit of a company is significant in the verification of accuracy particularly in the accounting records. A company like coca cola will need an audit to help in verifying their
General Electric Short-term and Long-term Objectives GE is one of the biggest and most varied industrial companies in the world. GE is concerned in progressing, manufacturing, as well as marketing a wide array of products for the generation, broadcast, control, distribution, and utilization of electricity since its amalgamation in 1892. Over the years, GE has progressed or obtained new technologies and services that have broadened significantly the scope of its activities (Ashkenas,
Company Organization and Career Plan The functioning part of any organization needs proper attention and maintenance in order to keep it running smoothly. This means that the organizational structure and the strategies meant increase collaboration and productivity within the work environment must be continually monitored and evaluated in terms of how successful they are within contemporary practice. There are a number of differing strategies on how to approach generating a creative
The company's $291 billion in debt has recently been downgraded to below investment grade and it has about $16.5 billion of debt coming due this year (Snide). GM and General Motors Acceptance Corp (GMAC)., the carmaker's finance unit, each have about $23 billion of cash available. In addition, the company had about $50 billion in unused credit facilities at the end of last year. The company must carefully watch
Dynamic Pricing and eBay Today Dynamic pricing is a pricing technique virtually as old as commerce, not just virtual commerce! It takes its name as a form of responsive pricing, based upon demonstrated and immediately accessible consumer demand. In dynamic pricing, prices can skyrocket or plummet with depending on the demand and consumers willingness to tolerate certain pricing levels pricing. Its oldest manifestation is of course the horse auction at the
The partners are directly responsible financially for the obligations of the business. Therefore, in case of loss or debts, the owners suffer the risks and losses since they have liability for the business. In terms of complexity and flexibility, the partnerships remain appropriate for the partners. The issue of raising finance is shared between the partners; however, they cannot get loans for the business independently. Therefore, they are not
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now