During 1992 and 1993, General Motors saved over $2 billion due to the cost-cutting efforts of Mr.
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These long-term contracts provided both GM and the subcontractors the chance to develop an informal project management relationship based on trust, effective communications, and minimum documentation requirements.
a. Is it conceivable that the cost savings of 20 percent could have been realized entirely from the decrease in formalized documentation?
b. Philosophically, what do you think happened when Mr. Lopez departed GM in the spring of 1993 for a senior position at Volkswagen? Did his informal project management system continue without him? Explain your answer.
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Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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