Best Buy accomplishes routinely with different types of projects in several sectors of its wide scope of brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Napster, Pacific Sales Kitchen and Bath Centers, The Phone House and Speakeasy.
Before taking steps toward new projects, Best Buy group pays careful attention to its stakeholder’s needs and expectations. Of course that among those, investors play a significant role before management makes decisions.
Because it is a very large group of global reaching, Best Buy carries projects in areas such as building construction, new-product introduction, startup or shutdown of a plant, auditing accounts.
One good example of a project can be a startup of a plant. In the United States or abroad, Best Buy identifies the project’s intent and prospective customers; establishes the local area; estimate total resources and time required for building arrangements; deļ¬nes major tasks required, and set the budget line for the plant implementation.
Respecting the planning decisions and budget line, Best Buy focuses on the steps (or tasks) to be taken toward the project finalization. To every task must be stipulated the sequence in which tasks will be performed, the duration (time) of realization and time between the tasks, because one depends on the conclusion of others, and people who will perform each task.
The start point of a new plant, after decided the location, will be the renovation or construction of the facility. This part of the project usually demands a longer time period. Best Buy along with the countries’ standards as well as safety regulations must be taken into consideration. After the construction and correlated procedures have been done, subsequent installations according to Best Buy orientations and design must take place. Decorating and installing equipments are subsequent tasks to complete the installation of the facility. The following procedures should, then, be done toward hiring and training personnel and advertising, but these may be part of another simultaneous project.
Before taking steps toward new projects, Best Buy group pays careful attention to its stakeholder’s needs and expectations. Of course that among those, investors play a significant role before management makes decisions.
Because it is a very large group of global reaching, Best Buy carries projects in areas such as building construction, new-product introduction, startup or shutdown of a plant, auditing accounts.
One good example of a project can be a startup of a plant. In the United States or abroad, Best Buy identifies the project’s intent and prospective customers; establishes the local area; estimate total resources and time required for building arrangements; deļ¬nes major tasks required, and set the budget line for the plant implementation.
Respecting the planning decisions and budget line, Best Buy focuses on the steps (or tasks) to be taken toward the project finalization. To every task must be stipulated the sequence in which tasks will be performed, the duration (time) of realization and time between the tasks, because one depends on the conclusion of others, and people who will perform each task.
The start point of a new plant, after decided the location, will be the renovation or construction of the facility. This part of the project usually demands a longer time period. Best Buy along with the countries’ standards as well as safety regulations must be taken into consideration. After the construction and correlated procedures have been done, subsequent installations according to Best Buy orientations and design must take place. Decorating and installing equipments are subsequent tasks to complete the installation of the facility. The following procedures should, then, be done toward hiring and training personnel and advertising, but these may be part of another simultaneous project.
Best Buy uses Gantt and network diagrams according to different projects and their needs for detailed tasks. The company counts on SmartDraw software to follow to and accomplish with its expected projects scheduling. In the case of more detailed and longer duration project like installing a new plant or facility, Best Buy utilizes network diagrams because of their more accurate responses to complex projects. Although the Gantt chart is easier to implement and understand, according to our view, Best Buy has better chosen the method network diagrams when specifying and analyzing schedules of larger and more complex projects like the implementation of a new plant.
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