Premium Essay

Pm595: Part 1


Submitted By Joy24
Words 927
Pages 4
Keller Graduate School of Management

PM 595: Project Risk Management

Development of the Boeing 787 Dreamliner Table of Contents
I. Introduction
II. Fault Tree One
III. Discussion of Fault Tree One
IV. Fault Tree Two
V. Discussion of Fault Tree Two
VI. Conclusions
VII. Works cited

I. Introduction
I am the Project Manager developing the Boeing 787 Dreamliner. The development of this state-of-the-art airplane will include an international team of aerospace companies led by Boeing. The advances in this airplane will reduce the use of fuel by 20%, increase cargo capacity, increase nautical miles in a mid-range airplane, and improve passenger comfort. Boeing expects sales of 3,500 units over the next 20 years. (Norris & Wagner, 2009)
To really understand the impact of multiple providers, along with the logistics to coordinate assembly, I will illustrate, discuss, and provide a conclusion using two decision tree analyses. The first fault tree will detail the delivery system and identify the failure that could result in delivery failure. The second fault tree details the lack of labor to assemble the airplane. Both pose results that have the potential to financially impact the project. The fault tree diagram will provide a visual representation of the risk and help analyze the cause by looking backwards to identify the root cause.
II. Fault Tree One

III. Discussion of Fault Tree One
There are over 40 Companies/Business Units contributing to the success of developing the 787 Dreamliner. Nine of the Companies/Business Units are located outside of the United States. Given these two elements alone there are a number of faults that could cause the final assembly and completion date to be impacted. The first probable cause for missing the completion date is the supply chain. The supply chain flow ensures

Similar Documents

Free Essay

Ink Milk More

...I do think that by doing so it looses a lot of its original meaning. I believe that literature can be interpreted in to many different meanings and ways that other people don't see. To one person Shakespeare can be a legendary writer and to anot her person he can be some idiot that wrote a lot of garbage. 
 After reading this section, I find it interesting that Shakespeare can be interpreted in several various ways. I have seen a few different productions of Shakespeare plays and I can understand the different ways that people have perceived the various plays. Personally, I believe that the difference between a “more faithful” versus a “more free” adaptation of a Shakespearean play is that a show that is “more faithful” tends to follow the time frame and setting that the play was placed in, whereas a “more free” adaptation can change to different time frames and have different surroundings than the play was actually placed in. With a more “faithful” adaptation of Shakespeare we learn more about the history behind the play and what it truly is about. Unfortunately, with a more “freer” adaptation we can lose the history behind the play because the context of the play can change based on the decisions of how the play was interpreted.
In a faithful version of a play, the language, setting, costumes, and all other major aspects remain as the author originally wrote them; a free adaptation may change one or more of these elements. A more faithful adaptation has the advantage of...

Words: 919 - Pages: 4

Premium Essay

Shakespere Was Not for an Age but for All Time

...``Shakespeare Was Not OF An Age But For All Time`` I agree with the statement ``Shakespeare was not for an age but for all time. `` The words of praise probably the most famous ever written about Shakespeare , were penned by Shakespeare`s good friend and follow writer `Ben Johnson`. For the poet and playwright generally considered the greatest ever is also one of the least known of all literary figures. And his works were indeed created for the popular entertainment of his day with little thought to their immortality. Shakespeare did not take any steps to preserve his writings past their immediate use. (Fortunately his friends did.) With all the academic study of Shakespeare and the trappings of fine culture that have been wrapped around productions of his dramas over the centuries, we often forget what a rollicking, bawdy and entertaining spectacle his plays presented to their original audience — and still can to a modern audience, in the right hands. The timelessness of Shakespeare's themes continue to keep his plays fresh. He dramatized basic issues: love, marriage, familial relationships, gender roles, race, age, class, humor, illness, deception, betrayal, evil, revenge, murder, and death. The essential question that Shakespeare explored in his plays is, "what does it mean to be a human being?" The genius of Shakespeare is that he manged to show us ourselves in every conceivable light. It really doesn't matter when the plays were written since they are about the...

Words: 572 - Pages: 3

Premium Essay

Hyperbole In King Henry will not be as heroic and godly as initially envisioned. This is because there is a shortage in the resources necessary to depict this great spectacle, and it is instead the audience’s responsibility to both create and imagine the play. The opening prologue alone sets the stage for how equivocally this war will be portrayed, and also how frequently the reader’s understanding of Henry will be challenged throughout the play. In Act 1, we are introduced to the crafty Bishop of Canterbury and Bishop of Ely, who discuss a bill that will cause the Church to lose a significant amount of money if passed. They then realize that if they can convince Henry to invade France in order to claim the throne, they can postpone the bill in the meantime, as Canterbury has already proposed to donate a generous amount of money towards the war. Soon after, we meet Henry for the first time, and Canterbury delivers a prolonged speech to justify his claim to declare war with the French, by reassuring Henry that he can indeed inherit the French throne. Leading up to Act 1, scene 2, lines 290-310, King Henry has been presented with a chest full of tennis balls sent from the Dauphin, as a form of mockery to suggest Henry’s immaturity and inability to lead a country. This provokes Henry’s powerful rant, a retaliation to the mockery. This speech provides an essential insight into Henry’s multifaceted personality. It portrays not only Henry’s unpredictable nature, but also in such ambiguity alludes to the...

Words: 1739 - Pages: 7

Free Essay

The Real Richard

...The True Richard I have chosen to analyze the character of Richard III due to his cynical yet honest personality. One thing that sticks out about his character is his relationship with the reader and how he tells us exactly what he’s planning. Even when we are told what Richard will do, the reader is still surprised when he goes about the actions. For example, Richard tells us he is “subtle, false, and treacherous”(I.i), but there is nothing we can do to stop him from being that way. Another quality of Richard that sticks out to me is his ability to manipulate his peers. In act one scene two Lady Anne is mourning the death of King Henry VI, but Richard is set on manipulating her into loving him. Richard has no interest in Lady Anne, but instead wants to be closer and closer to becoming King. Richard’s dedication to achieve his goal no matter what obstacles come his way is a defining feature that sticks out to me. Throughout the play, Richard is faced with obstacles that test his commitment to becoming king. His first major test is when he has to win over Lady Anne. Richard killed Henry and knows Anne is out for his guts, but he has the courage to lie to her saying that he did not kill him. Later, Richard admits to killing Henry, but sweet talks Anne by making her believe that the murder was in an attempt to win her over. While reading this scene, we see Richard being honest to the audience, but a liar to the characters in the show. He knows that his actions have caused Lady...

Words: 1108 - Pages: 5

Premium Essay

Project Risk Management Course Pm595

...DEVRY Development of Boeing 787 Dreamliner Course Project II Prepared for: Professor James Hiegel Project Risk Management Course PM595 Prepared by: Muzammil Qurashi February 19, 2012 [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.]   Table of Contents Introduction Page 3 Sources of Construction Project Risk Page 4 Systems to Address Construction Project Risk Page 6 Catastrophic Failure Fault Tree Page 8 Discussion of Fault Tree Page 8 Fault Tree One Page 10 Discussion of Fault Tree One Page 10 Fault Tree Two Page 11 Discussion of Fault Tree Two Page 11 Conclusions Page 14 Works Cited Page 15   Introduction Boeing Commercial Airplanes' launched the 787 Dreamliner, a super-efficient airplane in order to meet the growing needs and preferences of an international audience across the globe. An international team of top aerospace companies is building the airplane, led by Boeing at its Everett, Wash. facility near Seattle (, According to Boeing’s statement, t\he 787-8 Dreamliner will carry 210 - 250 passengers on routes of 7,650 to 8,200 nautical miles (14,200 to 15,200 kilometers), while the 787-9 Dreamliner will carry 250 - 290 passengers on routes of 8,000 to 8,500 nautical miles (14,800 to 15,750 kilometers)....

Words: 2941 - Pages: 12

Free Essay

Exploration of Risk Paper

...PROJECT PART 1. EXPLORATION OF RISK: CONSTRUCTION OF THE THIRD SHIPPING LANE THROUGH THE PANAMA CANAL Presented to: R. Hiles PM595 Prepared by: Carlton D. Clyburn Jr. OCTOBER 2012 TABLE OF CONTENTS I. Introduction 3 II. Exploration of Risks 4 III. Fault Trees 4 a. Fault Tree: Project Completion Delay 5 b. Fault Tree: Changes in Cost Projections (Overruns) 6 IV. Conclusion 7 V. References 8 Introduction Construction of a third shipping lane through the Panama Canal has begun and it is a collaboration of contractors and manufacturers from around the globe working in unison to exacting concrete and design specifications. The Panama Canal’s third lane expansion involves building enormous new locks that will accommodate the new generation of shipping vessels that are about three times the size of “Panamax” ships constructed to fit precisely in the existing canal’s lock chambers. According to the vessel glossary of the World Trade Ref, the Panamax is defined as: “An ocean-going cargo vessel of the maximum size possible to pass through the locks of the Panama Canal, which are 1000ft long by 110ft wide and 85ft deep. These vessels are typically of 50,000 to 80,000 dwt, 965ft (290m) in length; 106ft. (32.3m) beam; and 39.5ft (12.04m) draft.” The new locks on the Atlantic and Pacific entrances will consist of a trio of chambers measuring 1400ft (427m) long, 180ft (55m)...

Words: 8572 - Pages: 35