Boeing Case Essay
1. How would you describe Boeing’s approach to project management? What are its strengths and weaknesses?
Boeing adopts a very thorough, well planned out process to manage the project. The stages are defined clearly and tasks involved in each stage are carried out sequentially. The first stage of their approach is the project definition phase during which Boeing identified holes in the market not met by existing planes, assessed future airline needs, considered alternative plane configurations, explored feasibility of possible technologies and performed preliminary estimation of costs. During the market assessment, analysts gathered information regarding future needs of airlines by speaking directly to …show more content…
2) Choose one of the types of risk listed below and explain what Boeing does to manage risk in that area?
c) Technological Risk
Technology plays the essential role in the design process. The biggest challenge is that what’s desired by the market may not be feasible or economical given the current state of technology. Some of the new, “unproven”