Question: a ) Based on the information provided above, indicate which elements of the initiation phase of managing the project scope ( project definition, constraints, assumptions,

a) Based on the information provided above, indicate which elements of the
initiation phase of managing the project scope (project definition, constraints,
assumptions, selection, and strategic planning) have contributed to the failure
of IBMs Stretch Project.
(8 marks)
b) Based on the information provided above, explain how each element indicated
in your answer to Question 1(a) have contributed to the failure of IBMs Stretch
Project.
(25 marks)Question 1(33 marks)
Analyse carefully the following text:
'IBM's Stretch Project
International Business Machines Corporation (IBM) is a multinational technology and
consulting corporation that consistently lies in the upper echelons of global brand
ranking lists. In the late 1950 s IBM set out to design and build the world's fastest and
most technically advanced computer, the IBM 7030 Stretch supercomputer. The
computer would be 100 to 200 times the speed and performance level of its nearest
competitor, thus 'stretching' the existing limits of computer design. This ambitious and
impressive target resulted in its price being set at $13.5 million.
The project leader recalled later that what made the project so complicated was that
"many more things than ever before had to go on simultaneously in one computer."
Engineers faced a conglomerate of challenges in designing and manufacturing many
elements of the ground-breaking system, a load-sharing switch which would allow the
use of transistors to drive the core memory was amongst these problems.
The overly optimistic forecasts meant that project timelines and costs were severely
overrun. Additionally, when the first working version of the Stretch was tested in the
early 1960s, it was only 30 times faster than its predecessor. This was seen as a
dismal failure, and the price of the systems that had already been ordered were cut to
$7.78 million, below its cost price.'
a) Based on the information provided above, indicate which elements of the
initiation phase of managing the project scope (project definition, constraints,
assumptions, selection, and strategic planning) have contributed to the failure
of IBM's Stretch Project.
(8 marks)
b) Based on the information provided above, explain how each element indicated
in your answer to Question 1(a) have contributed to the failure of IBM's Stretch
Project.
(25 marks)
 a) Based on the information provided above, indicate which elements of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!