HIPC PROJECT REPORT Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

HIPC PROJECT REPORT Case Solution

Problem Statement

The High point Innovative Products Company is planning to make a major push into the medical products market in order to sustain its revenue growth and cover the declining revenues of the company. The CEO, John Galt and Dagny Taggart, the president of HIPC are seeking to introduce a new product in the market which is called as Hippocrates and make it a global product. This case deals with taking the position of a project manager, analyze, assess and evaluate the project activities, set milestones and complete it before the launch of the biggest trade show by IMATS on September 15, 2017.

Question 1

The Gantt chart with all the critical activities highlighted in red is shown in the figure below:

Figure 1: Gantt chart

The activity node diagram which shows each of the single predecessors is also shown below:

Figure 2: Network Diagram

Question 2

The activities which lie on the critical path are activity 2, 3, 4, 5, 7, 9, 22,23, 24, 27, 28, 29, 30, 31, 33, 39, 40, 41 and 43. The slack for all of these activities is 0.

Question 3

Selecting the predecessors first and then the driving predecessors second show us all those activities which are actually the driving predecessors within this project and not just merely predecessors. For example, activities 4, 5 and 6 are driving predecessors. Driving Predecessors are those predecessors that include the tasks which come before the selected task and they directly impact it. This means that when the driving predecessor task moves, the selected task also moves.

Question 4

It is false that for every critical activity, exactly one of its predecessors must be critical and exactly one of its successors must be critical. This is because for any critical activity there can be more than one predecessor, which is critical and same is for their successors. Along with this, there might be no critical predecessors for a critical activity because each activity can become critical based on its own resource constraints or complexity.

Question 5

Translate manual, which is activity 26 in the project, has the longest duration among all the other activities which is 26 days. However, this does not mean that this activity would always be a critical activity. This is because there is a difference between critical path and longest path. Critical path is defined as the longest continuous chain of the activities and a slippage or a delay in any one of the activity would delay the final completion correspondingly. On the other hand, the longest path is the longest continuous path of project activities which controls the project early completion. Therefore, Activity 26 is a longest path activity and not a critical path activity.

Question 6

The two dates for the early start and late start for the Order Stock Parts are27^th June, 2017 and 6^th July 2017.

Question 7

Yes, the negotiators for this activity should be sent to overseas and $ 20,000 should be paid to the vendor for shortening the duration of this activity from 23 days to 9 days. This is because if the duration is reduced by 14 days, then this activity would be no more a critical activity and will have a slack greater than 0. Therefore, reducing its duration would introduce more flexibility within the project. This could be checked by changing the dates in the MS project file................

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