Boeing 767 Essay

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Boeing 767 Case Study Questions 1. Explain Boeing’s approach to project management identifying strengths and weaknesses. The approach of Boeing project is definition (program definition and cost definition), supplier management and production management The defining process includes program definition and cost definition. During the period of program definition, Boeing worked on market, technology and cost. Firstly, market analysts began by talking directly with major airlines to get their estimates of future needs and then they combined this information with econometric models to generate forecasts. Segments we defined by range of travel and all forecasts were based on the following assumptions: continued regulation of the airline industry; continued airline preferences for routes that directly linked pairs of major cities; steadily rising fuel prices and no new competition from other airframe manufacturers in the medium range market. Configurations include the choice of engines, wings and tail. The process of configuration is complex and repeatedly. The configuration changes constantly due to the requirement s of customers. Secondly, engineers reviewed all existing technology projects to see if any are appropriate for the proposed new plane. Thirdly, during the program definition phase, audit teams were assigned to review every significant element of the program. During the phase of cost definition, cost was estimated using a parametric estimating technique that predicted the costs of a new plane from design characteristics, such as weight, speed, and length, and historical relationships, such as the number of parts per airplane, that were know well in advance of production. After the board of directors approved the project, teams began to work on details of supplier and production management. For supplier management, Boeing worked

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