Damien Tan Andreas Toh Roy Chia Tavence Heng DART Jetpack Damien Tan Andreas Toh Roy Chia Tavence Heng

Introduction The DART Jetpack project was started by 4 engineers in 2010. They wanted to merge business with engineering in their venture by trying to market their jetpack using skills learnt from Project Management.

Project Objectives Improve convenience in human lives Military usage

Scope of Project Estimated duration -Research (3mnths) -Brainstorm (1Month) -Planning/blueprint stage (2months) -Miniature Model (1month) -Trouble shooting (1month) -Prototype stage (2years)

Scope of Project Estimated cost -Planning stages $50 -Prototype stage $1000

Responsibility matrix Responsibility matrix Project leader  Damien Designer  Andreas Accountant  Roy Scheduler  Tavence

Current Issues Choose which way to start the jetpack - Fan - Chemical Reactions - Hydro Logistical problem Budget constraint Technological problems/inability Safety issue Jetpack stabiliser problems Human testing

Manpower requirements Overall In-charge Researcher Planner Operational In-charge Marketer Sales person Technician Logistics In-charge Production In-charge Safety In-charge

research

Work Breakdown Structure

Mindmap of Dart Jetpack

Dart’s Work breakdown structure

Cost Analysis Resources, $1,240,305.00 Human Resource, Manpower, $ 165,000.00 Marketing , $ 50,600.00 A.O.M, insurance, $ 110,000.00 Total Budget $ 1,565,905.00

Assumptions Number of workers 100 Price per jetpack $5,000 Life time company insurance Hiring of Public Relations Staff in media coverage Jetpacks sold per month 500 Amount of jetpacks made per month 500 Material cost per jetpack $2,000 The budget cost is per monthly basis sell to retailer to sell to public 10% contingency Total Income $ 2,500,000.00 ROI 60%

Project Scheduling Scheduling the Project Time Microsoft Office Project Listing the tasks Placing them according to tasks and sub tasks Placing them according to prerequisites Inserting the estimated Time for the tasks Generate the Gantt chart

AON Activity-On-Node (AON) Easier to see the Time allocation Easier to see the Predecessors.

AON Earliest Start Time (EST) : the early start of a project Duration : how long will this project completes Earliest Finish Time (EFT): EST + duration Latest Start Time (LST) : the latest time a project can start Latest Finish Time (LFT) = LST + duration Total Float = LFT – EST – duration 2 1 3 Create Prototype 6 4 7

OUR AON -It took us 153 days to for the production of jetpacks -Our assumption is 180days -Creation of prototype is the only predecessor for cost analysis and test of prototype 5 Rental of Factory Assumption 180 days 14 19 Install utilities 30 49 Renovation 7 56 Install Machinery 61 Recuriting of worker 91 Research 10 101 Design 8 109 Create Prototype 116 Test Prototype Cost analysis 6 122 9 Purchase Raw Material 21 143 Mass Production 148 Quality Check 153 Delivery 27 180

Probability (1=low, 5=high) Risk Assessment s/n Risk Description Probability (1=low, 5=high) Impact (1=low, 5=high) Ranking 1 Unable to locate factory site 5 7 2 Unable to find contractors 6 3 Delay in renovations 13 4 Faulty machinery during installation Unable to find skilled workers 14 Office worker demand more pay 22 security companies charges too high 23 8 Unable to find proper accomodations for production crew 24 9 Unable to hire qualified quality check crew 10 R and D crew demand too high a pay 11 Lack of technical knowledge 12 Inappropiate design 15 Not enough raw materials for prototype 16 Prototype malfunction Delay in shipments of raw materials 17 Unable to find supplier for raw material 19 Not enough raw materials for mass production 25 18 Lack of appropiate supervision while mass production stage Machinery malfunction during mass production 20 Production halted due to safety issues 21 Unable to meet quality check expectations Over budget Delay in delivery Unable to find repair crew Insufficient funds to pay for warranty

Top 5 risks -Machinery malfunction during mass production -Faulty machinery during installation -Unable to meet quality check expectations -Production halted due to safety issues -Prototype malfunction Rank Top 5 risks Probability (1=low, 5=high) Impact (1=low, 5=high) 1 Machinery malfunction during mass production 5 4 2 Production halted due to safety issues 3 Faulty machinery during installation Unable to meet quality check expectations Prototype malfunction Risks How probability can be reduced How impact can be reduced Perform frequent maintainence and checks Multiple production lines Implement stringent rules for workers to abide Stock up on products Getiing a reliable supplier Request for earlier delivery time Enforce quality standards for quality standard Increase the quality standards for the quality checks Thorough analysis of failures Have a backup team doing a prototype

Creation of prototype Video 1-fail launch Video 2-disintegrated rocket

Conclusion Gained valuable experience Know how to manage a project Hope to make this a reality

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