Source: http://www.cio.com/article/2377427/project-management/trek-bicycle-rides-project-management-tool-to-efficiency.html
Facts from Article:
- Seasonal bicycle market made time critical for introducing new Trek product
- Product introduction involved different roles from different teams from different parts of the country
- Trek was accumulating a high cost of delaying new product release dates
- Promotions were unable to be planned on time without product making it to retailers
- A new SaaS program management tool puts teams on the same page
- New program management tool joined teams onto one system to easily communicate
- Kept the teams on track and communicated to everyone what needed to be done
- New system supported seven languages
- With the new management tool, Trek created more customized views, imported more data, developed more detailed reporting
- There were change management issues
- Trek saw better business process and delivery rates -- and 'time' to create
- Trek's on-time delivery rates have improved more than 20 percent
- 800 different projects being managed in the system
- Operations are running more smoothly
Based on the topic of project management, it is understood to be the processes used to plan the project and then to monitor and control it. In other words it is the role of effectively managing people and teams through a project with a predetermined schedule and budget.
From what we have discussed, some of the reasons for project failure are undefined project management practices, poor IT management and poor IT procedures, and inadequate user involvement. The article explains that Trek had done just the opposite with their implementation of a new project management system. This bicycle company kept their new product development process organized and on time.
To create an easy transition to a different management tool (AtTask), Trek “kept communicating to team members way ahead of time that this was coming and this was why.” With the effective communication of the project manager, employees were more prepared for the adaption that lied ahead.
But it was also with the right planning by the project manager that led to the success of employing a new management tool. The article states that “select the right tool and get everyone prepared for it, starting small, and keeping things simple in the beginning” are the ways to fully involving every team to create smooth processes.
By following the right procedures of project management, Trek was able to stem a lot of user involvement amongst team members. The sequential immersion of a team resulted in a greater delivery speed of the product as it had “improved more than 20 percent.” Instead of the project failing, management was able to “resolve problems and deliver product on time.”
Lessons Learned:
It is learned that the role of project management is important to any new product development process. The way a project manager executes this role can lead to much success for a new product. There are various tools and instruments out in the world for project managers to utilize. Finding the right one and introducing it to your team with correct methods eliminates the time and distance enemy of the connection between cross-functional and global teams. Making processes easier for team members and project management can create profit for a given product.
Implications:
Why is this information helpful to you as an MIS professional? Well, coming into the business world as IS professionals and with fresh knowledge we need to understand that not just the right planning will excel a project but it is also the tools that we use. Many of us students are going to be project managers at one point in our lives so let’s not forget that change can be good if you implement it correctly.
As you can read from the article, communication and leadership is key. Connecting the different functions of a product’s development from all over the world virtually brings minds into one area, opening the company and project up for creative solutions. It is our responsibility to understand what tools can we use, as future project managers, to make the internal and external factors of a project less troublesome.