1 / 16

The Wedding Case Study

The Wedding Case Study. Danielle Gooch. Summary. Lauren and Connor getting married in 21 days on January 21. Connor leaving for overseas on January 30. Week for honeymoon. Lauren’s parents offer them $3,000 to elope. Current Situation. Current Situation cont. Current Situation cont.

tamas
Télécharger la présentation

The Wedding Case Study

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Wedding Case Study Danielle Gooch

  2. Summary Lauren and Connor getting married in 21 days on January 21. Connor leaving for overseas on January 30. Week for honeymoon. Lauren’s parents offer them $3,000 to elope.

  3. Current Situation

  4. Current Situation cont.

  5. Current Situation cont.

  6. What Needs to Happen

  7. Constraints • Three types of resource constraints: • People • Materials • Equipment • Wedding constraints: • Maid of honor (living in Guatemala) needs to travel to wedding. • Drive – 10 days • Fly – 2 days ($1,000) • Money • Cost of wedding vs. $3,000 to elope

  8. Resources Required • Family members are the human resources. • Make decisions about cake, decorations, dresses and invitations. • Mom making guest list. • Money to pay for the wedding is a resource.

  9. Timeframe of Project

  10. Timeframe of Project cont.

  11. Costs • Reserving church and reception hall • Extra $200 for 7 days notice • Getting maid of honor to wedding • Drive • Fly - $1,000 • Hiring a caterer • Having bridesmaid dresses made • Extra $20 to expedite getting material in 5 days • Pay $48 for each day saved to hire Mrs. Jacks to sew dresses • Having invitations made and sent out • Extra $20 to have invitations made in 6 days • Pay $40 for each day saved to hire part-time girls to address invitations in 1 day

  12. Return on Investment Return on Investment (ROI) = Gain from Investment – Cost of Investment Cost of Investment Gain is Lauren and Connor get to be married before Connor goes overseas. Cost is how much the family pays for the wedding and the stress of planning it.

  13. Risks • Planning the wedding versus eloping. • Possibility that not all activities will get completed on time. • Dresses might not get made. • Invitations might not get sent out soon enough. • The risk is that they might have to elope after all of everything doesn’t work out as planned.

  14. Method of Tracking Project • Gantt chart • Easy to read and understand • Provides visual of progress • Specialized chart • Time scale on horizontal axis • Time show in weeks or months

  15. Conclusion It is up to Lauren and Connor on whether or not to have a wedding. They have to decide if it is worth the risk.

  16. References Gantt Chart. (2010). Retrieved September 15, 2011, from NetMBA: http://www.netmba.com/operations/project/gantt/ Kwak, Y., & Ibbs, W. (2000). Calculating Project Management's Return on Investment. Project Management Journal , 38-47. Larson, E., & Gray, C. (2011). Project Management the Managerial Process. New York, NY: McGraw-Hill/Irwin. Return on Investment - ROI. (2011). Retrieved September 22, 2011, from Investopedia: http://www.investopedia.com/terms/r/returnoninvestment.asp Vanhoucke, M. (2006). Work Continuity Constraints in Project Scheduling . Journal of Construction Engineering and Management , 14-25.

More Related