SWOT Analysis

Strategic Goals:
- Collaborate with environmental agencies (government and NGO)
- Subcon to LCC countries (Malaysia, Thailand, China etc.)

Project Closing

Documentation:

1. Compile a manual user handbook

2. Detail the drawing

3. Checklist for Quality Assurance

4. Handed down all the related documents to the production team.

Future Expansion.

1. Allocation of resources (eg budget, manpower, machine, material and etc) for mass production.

2. Award contractor for H2O installation.

3. Work with marketing department to make campaign to promote our product.

4. Collaborate with environmental governmental agency (eg. National Environment Agency, Singapore) & non-governmental organization (NGO).

5. Investigate the possibility to integrate the idea into a bigger scale to be implement in the whole plumbing system in high-rise building.

Risk Management

Risk Analysis:

With this risk analysis, we found out that there are a few changes needed in our schedule and budget.

The new budget:

The new schedule:



2nd Day Reflection

1. Today is one of our project engineer's birthday. Happy birthday.

2. We started our day with the recap of yesterday lesson.

3. We brainstormed on the "Causes of Project Failure".

4. Importance of communication in a project with a funny video shared:

5. Other knowledge gained today (budgetting, critical path analysis , responsibility matrix & schedulling) were posted in the previous post. We applied those knowledge on our project on H2O.

Budgeting

Following is the budget until the realisation of the First Article.

**CONTINGENCY COST IMPORTANT!!!!

In order to calculate the Return of Investment (ROI), costs such as raw material, overhead, labour, machine, packaging, marketing and etc need to be taken into consideration.

The formula used for ROI: (Gain from investment - Cost of investment) / Cost of investment

Critical Path Analysis

Although Microsoft Project able to display the "Critical Path" of project but, it is not able to calculate the Total Float. Float is the amount of time that the activity’s path may be delayed without delaying the overall project. Hence, a manual calculation is needed.

Below is the diagram of which we used for the calculation:

A: Team Formation

B: Build-up Portfolio

C: Understand User Requirements

D: Concept Design

E: Detail Design

F: Source for Material

G: Material Delivery

H: Prototype Fabrication

I: Testing & Improvement

J: Finalize Prototype

K: Prepare Site

L: Prepare Material & Tooling

M: Install

N: Testing

Microsoft Project

We were introduced on one of the very useful software for Project Management that is Microsoft Project.

In Microsoft Project we are able to:

- create our own Calender in accordance with the day off of the plant.

- create Gantt Chart of our project

- shows the critical path of our project

- able to show the total days needed for our project

- able to show the total resource cost