Business Management Techniques for Engineers - Essay Example

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Business Management Techniques for Engineers

This essay discusses that the Chief Technology Officer is the ultimate person to whom the progress of the whole project will be reported. It would be the responsibility of the CTO to conduct the whole project and report the final outcomes of the project to the Board of Directors of the company. CTO of the company will assign five sub-committees, in order to bring in the different ideas from various personnel involved at the planning stage. This stage of the project is named as activity A. All of five committees would be assigned to prepare a feasibility report as per their own understanding and knowledge of the project. These four stages would be entitled as activity B, C, D, E and F. After the submission of detailed five feasibility reports, CTO would evaluate every report and discuss it with the CEO of the company. CTO in collaboration with CEO will then approve particular sub committees’ feasibility report and will show his consent in commencing the project. These activities are referred as activities G and H. CTO along with his/her team will then decide whether the internal human resource of the company will be necessary enough to complete the project or external hiring should be conducted if the project completion requires special types of skilled workers. Internal human resource utilization activity is referred as activity I and activity pertaining to external hiring of highly specialized workers is referred as activity J. ...Show more


This current project plan is aimed to discuss the various elements that are involved during the completion of a project. The assumed project plan is established with the intent of introducing a new technology in the manufacturing environment an engineering company…
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Business Management Techniques for Engineers essay example
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