Millenium Valve Project Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Millenium Valve Project Case Solution

Pointp Products was the company dealing in manufacturing of the valves in order to control the water level in industrial tanks. The company manufactures a series of valves products for the construction industry. The company initiated the valves project as Millennium valves in order to approach the new and bigger market for the replacement valves. The desire of the company and the expectations were not fulfilled by the millennium valve project, as the company faced a number of issues regarding their fulfillment of the objectives.

The issues started when the company decided to make a request for proposal of the Millennium Valve Project and sent it to selected companies. The choice of the companies was restricted to four, since the market might not have better players. The company selected the company for Millennium Valve Project by looking at their lowest price bid. There are a number of other factors that should be taken into consideration while approving the bid from other countries.

The bid submitted was not revised by any of the technical staff, as the lowest bid might seem inappropriate. Pointp should have seen the feasibility and capability of Indubest Inc. before the consideration of their proposal. The proposal submitted didn't have any critical and technical knowledge present in it. However, the proper proposal should be divided into phases and tasks accordingly with the time, cost, and resources required for the tasks to be completed.

Joe Blog, who increased the budget required by Indubest Inc., also later improved the proposal for the Millennium Valve Project. Joe Blog with two engineers and industrial designers, researched on the Valve market and reallocated the cost and time frames for the subtasks in the project proposal. Millennium valves project faced many changes throughout the process. The engineers at Indubest were really unhappy with the Pointp requirement for the project, as they were costly for a speedy completion and low cost of the project. The design required by the Pointp needs more resources and finances.

Pointp also faces problems regarding the costs of the project, as they were higher than the expected since Indubest continuously asks for increasing amount of the budget for the project. In the end, Pointp has to cancel the contract and do it by itself. The project was 90 percent completed by Indubest, and Pointp itself completed the remaining 10 percent.

The major issue faced by Pointp is the lack of research, description, and lack of communication between Pointp and Indubest. Pointp should have done all the research of the market in order to make a proposal and acceptance of bidding should also be done with the certain criteria.

The proposal and agreement done between the two companies should have all the points regarding design requirements and cost estimation. The absence of communication between the two results from increases in the cost by the double of budgeted cost. However, miscommunication between Pointp and Indubest leads both unclear about the design requirements, which results in waste of time.

The short term objective of Pointp includes the goals of the Pointp that should be accomplished immediately or in the short span of time. The president of Pointp; Ulrich Fitch should hire the team that will evaluate all the process and make the report on it. The report must include all the pitfalls that should be well addressed in order to avoid future mistakes.....................

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