Essay Proj587 Course Project

3257 Words Oct 20th, 2012 14 Pages
Table of Contents

Company Background3
Strategic Planning3
Strategic Capacity Plan 5
Portfolio Management Process6
Project Selection Criteria………………………………………………………………………….
Project Management Plan
Risk Assessment……………………………………………………………………………………
Change Management Plan……………………………………………………………………
Resource Utilization……………………………………………………………………………
References…………………………………………………………………………………………

Company Background
VIZIO, Inc. was founded by William Wang in 2002 with the idea that everyone deserves to own the latest technology. Over the years, the company has grown from having three (3) employees at its inception in 2002 to having nearly 200 employees. VIZIO ‘s primary line of business is televisions (TV), and remains the first American
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The Vizio Company supports the innovation of the product with latest technologies. Vizio has become one of the large competitors with the other world large manufacturers with short period of time. Wang followed the principles of the manufacturing which is based on the recession survival. The Wang’s plan is to communicate with everyone and make this as a culture to develop Vizio. According to him when the company was in the starting stage the strategic plan must be in the way developing the communication with the people. The strategic capacity plan includes the following steps * Planning * Execution * Monitoring
In this, monitoring is considered as a more powerful means of providing the long-term performance in an organization. The behaviors’ of Organization support the innovation of the product. Strategic Capacity plan develop Organization to become one of the large competitors with the other world large manufacturers.
Matching Resources
For matching the organization with the available resources the resource manager is responsible. The important point is that the resource manager must know the resources needed for obtaining the goal. And also the manager in the organization must plan the proper budget for the next year and select the resources needed for the organization.
The resource requirement is

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