Development of the larger touring class motorcycles

Assignment Help Project Management
Reference no: EM13790713 , Length:

You are a project manager for a medium-sized manufacturer of motorcycle cruisers. The engines in motorcycle cruisers, like the ones you manufacture, are usually categorized by size rather than the number of cylinders. In the past, your company has successfully manufactured and marketed the best-selling of these fuel-efficient cruisers that occupy the middleweight class. The rather nebulous middleweight class comprises motorcycles broadly ranging in engine size from 500 cubic centimeters, or cc, to 1000 cc.

Executives at your company are now interested in motorcycles with larger motors and would eventually like to produce motorcycles in the touring class, specifically designed to excel at covering long distances with motors larger than 1100 cc. The proposed target market for these larger motorcycles consists of males between the ages of 35 and 60 in global markets. Price points for the larger motorcycles cover income ranges from $55,000 to $100,000. Management has decided that your company will meet the objectives stated herein within the next five (5) years. During the proposed changeover, the company will continue to manufacture the middleweight cruisers to serve its existing clientele.

Write a six to eight (6-8) page paper in which you:

Select one (1) of the types of project organization that would suit the development of the larger touring class motorcycles. Outline the process steps that your company would take in order to develop the motorcycle. Provide a rationale for the response.

Recommend one (1) strategy to the senior executives that the organization might use to balance short- and long-term needs. Specify the crucial resources that you would need as a project manager to run the existing business interests at the same time that the business changes to the production of touring class motorcycles.

Suggest the project management leadership style that is most conducive to overseeing the operation of the business growth plan.

Recommend at least three (3) risk mitigation strategies to address project plan details that might be forgotten or overlooked. Justify the selection.

Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality as academic resources.

Verified Expert

Reference no: EM13790713

Questions Cloud

Identify two of the biggest ethical issues : Identify two of the biggest ethical issues that medical records employees may face, and discuss why these issues are so important to be aware of. .Be sure to provide a properly referenced rationale for your choices.
Expected return of investing in company : 1. Company A has a beta of 2.77. Company B has a beta of .73. Company C has a beta of .90. The risk free rate is 6% and the market risk premium is 4%. What is the expected return of investing in Company C? Show your work.
Determine the dividend yield for microsoft : The market price for Microsoft Corporation closed at $30.48 and $27.91 on December 31, Year 1, and Year 2, respectively. The dividends per share were $0.52 for Year 1 and $0.52 for Year 2. Determine the dividend yield for Microsoft on December 31, Ye..
Journalize the entry to record the first interest payment : Journalize the entry to record the issuance of bonds on May 1, 2014. For a compound transaction, if an amount box does not require an entry, leave it blank.  Journalize the entry to record the first interest payment on November 1, 2014, and amortizat..
Development of the larger touring class motorcycles : Types of project organization that would suit the development of the larger touring class motorcycles. Outline the process steps that your company would take in order to develop the motorcycle. Provide a rationale for the response.
Instalment note for cash on the first day of the fiscal year : On the first day of the fiscal year, Nash Company borrowed $50,000 by giving a six-year, 5% instalment note to Buffet Bank. The note requires annual payments of $9,851, with the first payment occurring on the last day of the fiscal year. Issued the i..
Total paid-in capital and total retained earnings : Healthy Living Co. is an HMO for businesses in the Seattle area. The following account balances appear on the balance sheet of Healthy Living Co.: Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) ..
Roles in the various implementation stages : Identify the accountable parties and their roles in the various implementation stages of your policy.
What is the total amount invested by all stockholders : On February 25, Madison County Rocks Inc., a marble contractor, issued for cash 120,000 shares of $36 par common stock at $40, and on June 3, it issued for cash 50,000 shares of $8 par preferred stock at $9. What is the total amount invested (total p..

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd