Boeing Presentation Outline Week 13

[Audio] Boeing Dreamliner PRESENTATION OUTLINE. Boeing Dreamliner.

[Audio] Boeing Dreamliner Executive Summary u Boeing set out to create an innovative technological aircraft that would defy the norms of what their regular aircrafts had not achieved. u They allocated a 40 billion-dollar, budget to create this aircraft project. u The Dreamliner would create a futuristic process for Boeing in terms of design, style, and engineering. u What Boeing didn't anticipate was the difficulty and budget it would require to under-take such an enormous project..

[Audio] Boeing Dreamliner Project Scope u The project was decided upon by Jim McNerney, Boeing's CEO, and carried out by many of Boeing's outside partnerships. u Boeing wanted to offer a high-capacity aircraft "designed to be a revolutionary" project with its many attributes like fuel-efficiency and futuristic aviation design. u The projects major deliverables are its PMO, Design, Manufacturing, Production & Engineering..

[Audio] Boeing Dreamliner Schedule and Cost u The overall project duration is 4 years u One of the parts of the schedule that are the most critical is the FAA design approval process to move forward with the project. u Secondly, hiring PMO managers, assembling teams to undergo this massive project with Boeing's regional and global partners. u Boeing's overall budget was 40 billion. u Boeing utilized a cost method called "program accounting" and "joborder costing" (used by large commercial aircraft companies); u Boeing figured out costs based on 10-year supplier, aircraft, productivity, and labor contracts to determine schedule and cost..

[Audio] Boeing Dreamliner Project Risks u Some of Boeing's project risk are finding strong supply partnerships. u Locating low-cost carriers to help carry the financial burden. u Unexpected project delays. u FAA aviation design approval (Federal regulations). u Quality Assurance delays in different locations (due to multiple stakeholder partnerships). u The likelihood of these risk occurrences is high because it is a commercial aircraft that involves many moving parts with many liabilities. u Boeing's project plan does have a schedule reserve..

[Audio] Boeing Dreamliner Project Risks (cont'd) u Boeing's plan includes a contingency, management and cost reserves based on previous commercial aircraft projects u The project's reserve will be approved first by Boeing's CEO and managed by the multiple financial department managers and partners on the project..

[Audio] Boeing Dreamliner PJM Approach u The project team is made up of many Boeing department heads (PMO, Design, Engineering, etc.) and multiple global and regional partners. u Boeing's project will be monitored from start to finish using communication such as PJM software, AI technology, Satellite tech, and email correspondence as forms of monitoring. u Items such as federal compliance decisions, design revisions, quality part testing, and manufactured parts will be tracked. u The status of this project will be provided to the Boeing CEO, Boeing's PMO Team, it's Quality Assurance Team, and top stakeholders invested financially with the project..