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Assignment On Project Management - PGCBM-40 - Group-4
Assignment On Project Management - PGCBM-40 - Group-4
Assignment on Managing
Projects
GROUP-4 , PGCBM-40
1. TB21003 - RaviTej Reddy H
2. TB21017 - Bindu Madhavi P
3. TB21033 - Lokesh Pothu
4. TB21063 - Shubham Anand Sahu
5. TB21077 - Gyanendra Kumar Sinha
1 Introduction 3
2 Scope 3
3 Objective 3
4 Purpose 3
5 General Data 4
6 Background 5
7 Program Charter 8
8 Required Actions 8
10 Approvals 13
1 Major Milestones 5
2 Product Specifications 6
3 Program Charter 8
4 Risk Register 12
1 INTRODUCTION
This report looks into the planning, procurement, manufacturing, testing and delivery
process of badminton racquets project. This report will focus on the following areas of the
project that are listed as below:
a. Planning
b. Resource Mapping
c. Project monitoring and evaluation.
d. Risk assessment and mitigation.
The project is about manufacturing and delivery of two variants of badminton racquets by
Bindra Sports Pvt. Ltd., to Yonex Sports Limited. Yonex Sports Limited is the world leader in
Golf, Tennis and Badminton equipment’s. Bindra Sports Pvt. Ltd., a medium scaled company,
hopes to expand its business nationwide by manufacturing and delivering the products on
time to get future offers from Yonex and other key sports entities.
2 SCOPE
Scope of the project is to manufacture and deliver two variants of badminton racquets, one
model suitable for beginners and the other apt for experts by using specialized graphite
material used in producing shaft that flexes and stores energy, delivering explosive force on
impact with the shuttle and designed using ISOMETRICTM technology to improve the
chances of winning a point by the player using such racquet.
3 OBJECTIVE
4 PURPOSE
This Program directive is to define and disseminate key information and provide
direction to the team with the aim of ensuring faster execution of the Purchase Order
from M/s. Yonex Sports Limited for manufacturing & delivering 10,000 nos. of
Badminton Racquets. This Program directive is established to initiate the below
activities:
To initiate all the Procurement activities of raw materials for in-house production
and outsourcing activities including resource mapping.
5 GENERAL DATA
● Deliveries Schedule : 1st lot – 5000 no’s within 6 months and 2nd lot – 5000 no’s
in 9 months from the Effective date of Contract
Badminton Racquets
(Qty.)
Sl. No. Consignee UOM Total
Expert Beginner
1st lot Yonex Sports Limited, New Delhi EA 3000 2000 5000
2nd lot Yonex Sports Limited, New Delhi EA 3000 2000 5000
6 BACKGROUND
Bindra Sports Pvt. Ltd. secured its very first order from Yonex Sports Limited for
manufacturing and delivering by qualifying all the specification and product testing
requirements competing with 7 bidders in this RFQ. This is one of the prestigious
Sports orders which Bindra Sports Pvt. Ltd. has won in recent times and will be a
stepping stone to win more orders from YONEX in future.
a. Product Description: The name of the products are ASTROX 99 PRO for experts &
ASTROX 99 PLAY for beginners. ASTROX is the latest series from Yonex which focuses
on counter weight balance theory. In this theory, to get maximum control on racket,
re-distribution on weight in done. Now weight of the racket is balanced at racket
frame top, Joint & handle end. This theory provides better racket balance and help
player to quickly adjust the racket for next shots.
Further, Yonex ASTROX is all about getting the steep angle of attack. Player who
wants better angle of attack will love ASTROX series as it offers flexibility to hit steep
angle attack. ASTROX series racquets offer powerful smash with steep angle of
attack by which you can easily get the point.
b. Specifications: The ASTROX series is built with a world-first, new dimension graphite
material, NAMD, greatly improves the adhesion of the graphite fibers and resin by
attaching nanomaterial directly to the graphite fiber. In high performance racquets,
it is common to combine nanomaterials with resin that connects graphite fibers, but
in NAMD, nanomaterials are directly adhered to the graphite fibers and resin is
greatly increased. This major improvement is that it produces a shaft that flexes and
stores energy, delivering explosive force on impact with the shuttle.
Sl.
Type Series Flex Material Weight/Grip Length
No.
4U (Avg.83g) G5,
1 Expert ASTROX 99 PRO Stiff HM Graphite / NAMD 76.4 cm
6/3U
4U (Avg.83g) G5,
2 Beginner ASTROX 99 PLAY Medium Graphite 66.4 cm
6
Also, ISOMETRICTM technology is used in these racquets. Developed over 30 years ago, the
ISOMETRICTM design increases the sweet spot by 7%*. Compared to a conventional round
frame, a square-shaped ISOMETRICTM RACKET generates a larger sweet spot by optimizing
the intersection of the main and cross strings. ISOMETRICTM delivers greater control
without sacrificing power. ISOMETRICTM is a Trademark of Yonex Private Limited.
*Tested by Yonex
The racquets have extra slim shaft which are the thinnest, strongest ever produced.
Cutting edge NANOMETRIC carbon technology is used to produce an ultra-thin, ultra-tough,
aerodynamic shaft, created for a stronger and more intense shot.
Also, the racquets possess New Built-in T-Joint, which are the lightweight T-Joint increases
stability of the shuttle on the strings, maximizing power and control. An illustration is shown
in the below pic:
7 PROGRAM CHARTER
Project Name Manufacturing and delivery of Badminton racquets for Yonex Sports Limited.
Description & Goals Manufacturing & delivery of 10,000 badminton racquets.
Success of this project is key to further orders.
In Procurement of raw materials, machinery.
Scope Delivery of the finished product to the consignee.
Contingencies due to Covid.
Out
Outsourcing for branding.
Business Case Keeping schedule, scope & budget at optimum.
Time To be delivered within 9 months from the date of PO.
Materia
l The on-time availability graphite material due to the ongoing Ukraine war.
Constraints
Budget Any delay in raw material from supplier end or any forced majeure.
Quality The racquets must pass testing at Yonex facility.
Scope First order in this segment.
1st lot - 5000 Racquets by 30-November-2022 06.12.2022
Deliverables
2nd lot - 5000 Racquets by 30-March-2023
8 REQUIRED ACTIONS
8.1 All Functions
a. Nominate Single point of contact (SPOC) from the respective department responsible
for the execution of the program & shall support the Program Manager in execution
of activities.
b. Ensure all the tasks are completed as per Program Rail Tracker to meet the agreed
delivery schedules.
c. Provide required support for internal and customer reviews, as per the program
requirements.
a. Since this is a one-time PO, scope of process excellence, if any, will be implemented in
the next PO.
a. To share the Business estimate that includes all costs associated with the program.
b. Business Case shall be Established and Financial viability to be realized.
c. Key Program Contractual Obligations to be shared and documented.
d. Key Customer Quality Requirements to be shared and documented.
e. PO received from the customer shared with the Legal Regulatory and Compliance
team for review post change implementation board.
f. All open BD action items to be Closed.
a. Approval of PR’s and release of Purchase Orders on suppliers for material procurement
b. Ensure correct SAP cost capturing and MIS reporting.
8.12 Operations
a. Release of PBOM for detail part raw materials, hardware, consumables to SCM.
b. Plan and identify resources for Configuration Implementation Board (CIB).
c. Development and release of MIS to Production for Detail Part production &
assembly.
d. Finalize and publish manufacturing process.
e. Finalize and release of Conditions of Supply.
f. Development of Process document-PD, Manufacturing Instruction Sheets-MIS,
Manufacturing Visual Aid - MVA, photobooks, work instructions for series production
parts.
g. HSPPD (Handling, Storage, Preservation, Packaging and Delivery) requirements to be
documented.
h. Customer special process and material requirements to be realized and documented.
i. All minor, perishable and hand tool requirements to be identified and PR’s to be
generated.
j. Conduct Change Implementation Board (CIB) meeting regularly to ensure the proper
configuration flow down to all departments.
k. Highlight any gap in technical data & technical queries in a timely manner and
resolve shop issue with regard to configuration.
l. To ensure all Travelling log (route card), process documents etc. ready before start of
production.
m. Publish and track closure of all actions captured in CIB.
n. Ensure configuration control.
8.12.5 Production
8.13 Quality
a. Ensure the proper adherence of the Quality of part manufacturing according to the
drawings, relevant specifications and customer specific requirements.
As is the case in any project management scenario, some risks are inherent in the project It
is possible through good strategic management of the undertake project to minimize the
risk, but it is impossible to completely eliminate all the risks associated. These risk factors
that are likely attached with the project can cause disruption in project quality, cause delay
in completion, and even make the project over-budget (Virine & Trumper, 2017). So, we
need to have a mitigation or a backup plan for any such instances.
As we see, for this project, the below risks have been identified:
To account for this situation involving risk that are related to the project, performing
a structured risk management is a recommended operation (Roberts, 2011). Strategic risk
management policy is a management approach in which all the risks that have a possibility
of occurrence are identified beforehand to increase preparedness. After identifying all of the
risks, the next step taken in strategic risk management process is to make efforts to mitigate
the risks and develop a contingency plan to deal with the risk factors (Molenaar, 2010). All of
these processes are performed with the intent to make the project least susceptive of
negative impact of risk factors.
In this project, the process of risk management is performed using the method of risk
registers. Using the risk register, the project manager can keep track of all the major and
noteworthy risks associated with the undertaken project and ensure that none of these risks
impact the project to a significant degree. The objective of implementing the strategic
project risk management process would be to firstly minimize the probably of risk
occurrence and then in a case that a risk does occur, minimize its damage by preparing a
plan to adequately deal with it (Marcelino-Sadaba, et al., 2014).
The table formulated below represents a risk register for this project, which identifies
relevant risks regarding this project while also noting the mitigation strategy and
contingency plan.
Pre- Post-
Risk factor Mitigation strategy Contingency plan action action
score score
Supply would be An immediate purchase
Raw material ensured from a reputed order would be placed
4 2
availability supplier with ample with an alternate
stocks. supplier.
Contractor would be
The contractor hired
contracted to resolve
would be checked for
Outsourcing of any issue in quality of
experience, quality of
racquets for material or flaws by 6 3
work and reputation also
branding immediately using
delivery schedule will be
independent inspection
contractual.
approach.
Breakdown of Only brand new and Such tools will get
Tools/Machiner branded tools would be replaced immediately 5 1
y purchased. using warranty.
Budget estimations are A budget monitoring
Budget
kept accurate as per will be adopted in a 6 4
fluctuations
current rates and expert continuous manner to
quotations avoid over-budgeting
10 APPROVALS
All personnel involved in the subject program are requested to comply with the above
instructions to ensure the completion of the project as per the scheduled timeline.
(RaviTej) (Gyanendra)
___________________ _____________________
Program Manager Head - Program
Management