Answer to Question #282720 in Management for shubham bhatt

Question

Chemco is a subsidiary of an engineering company with a turnover of Rs 75 Crores and a 15% bottom line. It initiated implementation of an enterprise wide integrated software and systems solution and hired the best consultant - Dramco. The scheduled budget was Rs. 2.5 crores and time frame was 2 years. At the end of 2 yrs, a committee was formed to review the implementation part. The MD found that the project was only 40% complete and facing serious cost and time overruns. The top management blames the consultant and the plant level managers and workers for the delay. On the other hand, the consultant blames top management.

Identify the problem and discuss the course of action.

Answer 1

Company with a turnover of Rs 75 scores and a 15 bottom line. It initiated implementation of an enterprise wide integrated software and systems solution and hired the best consultant. Dramco. The schedule budget was Rs. 2.5 crores and time.