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Authors: Joo Y. Jung
Published by: Allied Business Academies
Published in: "Journal of the International Academy for Case Studies", 2009

Abstract

This case describes a systematic way of categorizing, evaluating, and selecting projects using information from a leading automotive electronics component manufacturer. The projects discussed in this case study are based on real life projects. However, the company name, project names and financial numbers are modified in order to protect the company’s identity. This case study describes seven different project proposals that were presented to the company’s management staff for evaluation and selection. Five projects are to be selected which will be sponsored by the plant’s top management. The field of project management is experiencing a burgeoning amount of growth in its applications. Companies apply innovative management methodologies such as project management in order to achieve rapid and continuous improvements in their operations. Selecting an appropriate set of operational improvement projects out of a potential pool of projects is a difficult task. How can companies select an optimum portfolio of projects? The primary subject matter of this case study is concerned with objective evaluation of candidate projects that will address corporate business objectives based on a quantitative method. Projects can be objectively evaluated based on a quantitative method such as Six-sigma, which is defined as ‘a disciplined, data-driven approach and methodology for eliminating defects in any process, from manufacturing to transactional and from product to service’ (www.isixsigma.com). The secondary subject matter for this case study is the project selection based on more a qualitative or abstract method utilizing the mapping process. The balancing act between quantitative methods and qualitative methods is highlighted in this case study.
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Abstract

This case describes a systematic way of categorizing, evaluating, and selecting projects using information from a leading automotive electronics component manufacturer. The projects discussed in this case study are based on real life projects. However, the company name, project names and financial numbers are modified in order to protect the company’s identity. This case study describes seven different project proposals that were presented to the company’s management staff for evaluation and selection. Five projects are to be selected which will be sponsored by the plant’s top management. The field of project management is experiencing a burgeoning amount of growth in its applications. Companies apply innovative management methodologies such as project management in order to achieve rapid and continuous improvements in their operations. Selecting an appropriate set of operational improvement projects out of a potential pool of projects is a difficult task. How can companies select an optimum portfolio of projects? The primary subject matter of this case study is concerned with objective evaluation of candidate projects that will address corporate business objectives based on a quantitative method. Projects can be objectively evaluated based on a quantitative method such as Six-sigma, which is defined as ‘a disciplined, data-driven approach and methodology for eliminating defects in any process, from manufacturing to transactional and from product to service’ (www.isixsigma.com). The secondary subject matter for this case study is the project selection based on more a qualitative or abstract method utilizing the mapping process. The balancing act between quantitative methods and qualitative methods is highlighted in this case study.

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