Fabricant Manufacturing Project

Fabricant Corporation is a manufacturing company that makes and distributes specialized metal parts, serving over a thousand clients. This company has grown and expanded its shareholder base. Hence, its mission has improved to more than just providing quality products but also improving shareholder value. Lee Feinberg, the CEO of the company, asked his senior management team to propose projects that will align with the company’s sustainability objectives. Janice Scott, the Head of Strategic Planning, proposed three project activities that would contribute to the company’s achievement of its sustainability goals;

Solar panel installation
Interior and exterior retrofit of industrial lighting throughout the facility
Adoption of less energy-intensive welding processes in the production facilities

The following is a project management plan designed to examine the feasibility of the project and the implementation of resources and processes to help the team achieve its desired objectives.

Project Initiation

Feasibility Analysis

A feasibility analysis evaluates a proposed project’s practicality (Gray et al., 2008). The Fabricant Manufacturing Project has adequate economic, organizational, and technical feasibility. First, the project is feasible economically because it is expected to cause significant financial savings for the company. The solar panel investment is expected to earn the company $50,000 per year in energy savings and up to 20% return on investment within the first six years. On the other hand, the interior and exterior lighting retrofit is expected to have an 89% return on investment. Lastly, the company is expected to achieve up to 70% reduction in energy consumption with the installation of less energy-intensive welding processes.

Project Alignment with Organization’s Strategic Goals

The CEO of Fabricant Manufacturing identified three main goals for the company; reduce energy consumption by a minimum of 20%, raise community consciousness of environmental issues and concerns, and generate a return on investment of at least 15%. The proposed project activities will help the company to achieve these objectives. Solar panel installation and changing to energy-efficient lighting and welding processes help the company to significantly reduce its energy consumption. Each project activity has estimated investment returns of at least 20%. Lastly, making these energy consumption changes will help raise community awareness on environmental issues by showing the efficacy of energy-efficient production methods.

Project Charter

This project aims to improve energy efficiency at Fabricant Corporation to generate more stakeholder value. The following are the main objectives of the project;

Reduce energy consumption by a minimum of 20%
Raise community consciousness of environmental issues and concerns
Generate a return on investment of at least 15%

The scope of the project includes; the installation of solar panels, improvement of the interior and exterior industrial lighting throughout the facility, and the adoption of energy-efficient welding processes in the company’s production facilities. The following is the project’s charter.

Project Title	Solar Panel Installation
Date	October 2020
Project Purpose	To install solar panels at the company’s industrial complex
Project Objectives	To improve energy efficiency, to generate earnings on energy savings, to create more shareholder value
Deliverables	Comprehensive energy audit Installation of solar panels Life cycle cost analysis
Project Personnel	Project Manager Sam Massoni, American Grid Program Manager Trudy Noble, Environmental Manager Paul Callahan, Distribution Logistics Manager Elwood Vaughn, Systems/IT Director Perry Silverman, Finance Analyst Jeff Salvatore, PR/Communications Manager Emmitt McAuley, OSHA liaison Matt Stevens, Strategic Planning Assistant
Risks	Costs will exceed estimates, and ROI will be less than expected Team members do not possess all the necessary skills to carry out necessary project activities Replacement work will disrupt production activities and delay output New technologies will fail to deliver expected energy efficiencies Removal and disposal of hazardous materials in old lighting systems
Schedule Summary	Three months from kickoff
Budget Summary	Project cost estimate of $310,000, with expected offsets of $245,000
Measurable Success Criteria	Demonstrated reduction in energy consumption, as measured in comparison to baseline audit
Project Limitations	TBD

Project Title	Industrial Lighting Retrofit
Date	October 2020
Project Purpose	To install solar panels at the company’s industrial complex
Project Objectives	To improve energy efficiency, to generate earnings on energy savings, to create more shareholder value.
Deliverables	Comprehensive energy audit Installation of solar panels Life cycle cost analysis
Project Personnel	Project Manager Sam Massoni, American Grid Program Manager Trudy Noble, Environmental Manager Paul Callahan, Distribution Logistics Manager Elwood Vaughn, Systems/IT Director Perry Silverman, Finance Analyst Jeff Salvatore, PR/Communications Manager Emmitt McAuley, OSHA liaison Matt Stevens, Strategic Planning Assistant
Risks	Costs will exceed estimates, and ROI will be less than expected Team members do not possess all the necessary skills to carry out necessary project activities Replacement work will disrupt production activities and delay output New technologies will fail to deliver expected energy efficiencies Removal and disposal of hazardous materials in old lighting systems
Schedule Summary	Three months from kickoff
Budget Summary	Project cost estimate of $310,000, with expected offsets of $245,000
Measurable Success Criteria	Demonstrated reduction in energy consumption, as measured in comparison to baseline audit
Project Limitations	TBD

Project Title	Development of Energy Efficient Welding Processes
Date	October 2020
Project Purpose	To install solar panels at the company’s industrial complex
Project Objectives	To improve energy efficiency, generate earnings on energy savings, and create more shareholder value.
Deliverables	Comprehensive energy audit Installation of solar panels Life cycle cost analysis
Project Personnel	Project Manager Sam Massoni, American Grid Program Manager Trudy Noble, Environmental Manager Paul Callahan, Distribution Logistics Manager Elwood Vaughn, Systems/IT Director Perry Silverman, Finance Analyst Jeff Salvatore, PR/Communications Manager Emmitt McAuley, OSHA liaison Matt Stevens, Strategic Planning Assistant
Risks	Costs will exceed estimates, and ROI will be less than expected Team members do not possess all the necessary skills to carry out necessary project activities Replacement work will disrupt production activities and delay output New technologies will fail to deliver expected energy efficiencies Removal and disposal of hazardous materials in old lighting systems
Schedule Summary	Three months from kickoff
Budget Summary	Project cost estimate of $310,000, with expected offsets of $245,000
Measurable Success Criteria	Demonstrated reduction in energy consumption, as measured in comparison to baseline audit
Project Limitations	TBD

Project Timeline and Cost Estimate

This project is estimated to take three months from the project initiation date. The estimated project costs are $310,000, with expected offsets of $245,000.

Stakeholders

A stakeholder analysis is an evaluation of the list of stakeholders who will be critical to the project’s implementation. This list also includes parties that will be affected by the project’s implementation (Meredith et al., 2017). Attached is a stakeholder analysis, which includes a list of the stakeholders, their roles in the project, their interests, and their classification.

References

Gray, R. M., Cook, M. B., Natera, M. T., Inglis, M. M., & Dodge, M. L. (2008). Project Management: The In Managerial Process”, McGraw-Hill.

Meredith, J. R., Shafer, S. M., & Mantel Jr, S. J. (2017). Project Management: A Strategic Managerial Approach. John Wiley & Sons.

Stakeholder Analysis Template

Name	Role	Interest	Power	Classification
Lee Feinberg	CEO	High	High	Positive
Janice Scott	Strategic Planning	Medium	Medium	Positive
Sam Massoni	Program Manager	High	Medium	Positive
Paul Callahan	Distribution Logistics	Medium	Low	Neutral
Elwood Vaughn	IT/Systems Director	High	Low	Neutral
Trudy Noble	Environment Manager	High	High	Neutral
Jeff Salvatore	PR/Communications Manager	Medium	Low	Neutral

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Question

QSO 640 Milestone One Guidelines and Rubric

Overview:

In the final project, you will develop a complete project plan for a hypothetical organization. Each milestone assignment will help you complete portions of the final project. In this milestone, you will analyze the Fabricant Manufacturing Project (case study available in MindEdge) and begin tasks related to initiation. You will first define the project in the project charter during the project initiation phase.

Fabricant Manufacturing Project

Prompt:

The goal of this milestone is to apply project management skills acquired in the first three modules to a real-world project or situation. The analysis of the Fabricant Manufacturing Project case study (in Mindedge) should include an evaluation of the selection criteria, alignment with the organization strategic goals, project charter elements, project initiation approval, and stakeholder analysis (Template).

Specifically the following critical elements must be addressed:

Project Initiation
1. Identify the economic, technical, and organizational feasibility of the For instance, how is the project a viable fit within the organization?
2. Explain how the project aligns to the organization’s strategic goals utilizing the traceability matrix (in Mindedge).
3. Develop a project charter that includes a high-level scope of what is to be
4. Create a high-level timeline and cost estimate to complete the
5. Identify the concerns of the internal and external key project stakeholders.
6. Compare the level of support from all key project stakeholders to inform the course of action resulting in success of the
7. Complete the stakeholder analysis template.

Guidelines for Submission: Your draft of the Project Initiation portion of your final project should adhere to the following formatting requirements: 3–4 pages, double-spaced, using 12-point Times New Roman font and one-inch margins. Utilize table(s) within your document as you create the high-level timeline and cost estimate. You should use current APA-style guidelines for your citations and a reference list with a minimum of two sources.

Critical Elements

Proficient (100%)

Needs Improvement (75%)

Not Evident (0%)

Value

Project Initiation: Feasibility

Identifies the economic, technical, and organizational feasibility of the project and how the project is a viable fit within the organization

Identifies the economic, technical, and organizational feasibility of the project, but does not discuss how the project is a viable fit within the organization or is inaccurate or

cursory

Does not identify the economic, technical, and organizational feasibility of the project

Project Initiation: Strategic Goals

Explains how the project aligns to the organization’s strategic goals

Explains how the project aligns to the organization’s strategic goals, but

explanation is inaccurate or cursory

Does not describe how the project aligns to the organization’s strategic

goals

Project Initiation: Project Charter	Develops a project charter that includes a high-level scope of what is to be accomplished and is detailed appropriately	Develops a project charter, but does not include a high-level scope of what is to be accomplished	Does not develop a project charter	15
Project Initiation: High-Level Timeline	Creates a high-level timeline and estimate of cost to complete the project	Creates a high-level timeline and estimate of cost to complete the project, but response contains inaccuracies	Does not create a high-level timeline or estimate of cost to complete the project	15
Project Initiation: Key Project Stakeholders	Identifies the concerns of key project internal and external stakeholders	Identifies the concerns of key project internal and external stakeholders, but response either contains inaccuracies or is overgeneralized	Does not identify the concerns of key project stakeholders	10
Project Initiation: Support	Compares the level of support from all key stakeholders to inform the course of action of the project	Compares the level of support from all key stakeholders, but discussion contains gaps or inaccuracies	Does not compare the level of support from all key stakeholders	15
Project Initiation: Stakeholder Analysis Template	Completes the stakeholder analysis template	Completes the stakeholder analysis template, but template contains inaccuracies	Does not complete the stakeholder analysis template	10
Articulation of Response	Submission has no major errors related to citations, grammar, spelling, syntax, or organization	Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas	Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas	10
Total				100%