Specific Project Objectives and Success Criteria - Term Paper Example

The project deliverables include among other things, an engine production functionality that caters for the inadequacies of existing systems of engine functions (Alexis, 2007).

This is to be achieved through the introduction of new engine parts and enhanced functions that are absent from older forms of engines. Specific Project Objectives and Success Criteria There is a specified objective of completing the task within 20 days. This is 15 days shy of the existing 35 days within which projects are normally completed. The most fundamental technique to use in achieving the set goal is to eliminate all forms of waste associated with production. There is an estimated cost of a 500,000 USD investment fund.

There is a very highly taunted objective of improving the quality of engines to be produced through a performance analysis process. Scope Management Issues This is a linear project management process Project Management Institute (2008). There are however rooms made for handling changes in the scope of the project. The contract shall permit changes to be made in relation to labor issues such as employing new staff to continue from where existing staff exit. There shall also be the introduction of a new fund of not more than 25% of the original estimate if the need to pump in more funds arises.

Primary Stakeholders and Roles Stakeholders Role Project ManagerAssistant ManagersFinancial Secretaries Labor consultants Evaluation managers Quality control innovation and techniques manager This is shall be the head of the project team
These shall be members of the project team who shall work as second fiddle to the substantive manager
These shall be responsible for all accounts and budget issues
These shall advise on the labor structure of the project
These shall be monitors and evaluators to determine the progress and success rate of the project
These shall be responsible for ensuring that the quality targets that are set are adhered to
These shall suggest new and modernized ways of taking the project.

Key Assumptions
More pieces of engines can be built with the current budget and more quality engines can be produced within the set time frame (PM Docs, 2012).