Why Was The Battle For Kokoda Track So Significant For Australia?

4597 words - 18 pages

RUNNING HEAD: PROJECT MANAGEMENT RESEARCH WORKSHEET
Project Management Research WorksheetLearning Team DAugust 9, 2010Project Management Research WorksheetTask A: Problem/Opportunity StatementResponse to Task A:Remington Pekinpaw Davis plans to become the market leader inon-line trading by overhauling its dated automated system with a highly technological system capable of reaching far more customers then it currently has.Remington Peckinpaw Davis Inc. is an asset group which is experiencing some problems with its mission diagram particularly as it compares to supply management and accessibility. Remington Peckinpaw Davis plan is to implement an online trading service.Remington Peckinpaw Davis, well-known as a thriving trading company, does not have adequate resources in place to maintain their computer systems nor maintain the appropriate number of staff members on duty. RPD has plans for better allocation of staff and new staff, and better use of project management tools.Remington Peckinpaw Davis (PRD), creation and developed of a strategic plan to enter the on line trading market will require planning. PRD will have the opportunity to increase their customer base and the ability to manipulate stocks. Strategic planning and development is a financial risk, change risk, operational, risk, and unforeseen risk.Generic Benchmarking-The purpose of generic benchmarking is to identify potential solutions to the problem statements defined in Task A. You will do this by looking at how companies in other industries have dealt with similar issues.Topic A: Data ReliabilityResponse to Topic A:With over 10 billion dollars earned annually on established products alone, Pfizer has led the pharmaceutical industry for years. This has been because of its ability to anticipate when a product, sold by them exclusively, will become copied by another company and be rebranded as a generic. Established medicines are products that have been sold exclusively by one agency and nearing the time that the patent is set to expire. Pfizer has an effective metric available to them that can gauge just when another company is set to copy. This is typical for pharmaceutical companies, but Pfizer has mastered the technique because of efficient monitoring of its competitors and the industry standard length of patent expiration. Additionally, Pfizer has instituted an agency that specifically detects company infringement on company brand. The name of this agency is The Established Products Business Unit (EPBU).RPD is still new in the area of innovation, but as detailed, in the vision of the company, wants to develop its own form of monitoring competition. This may include patenting their own brand of software capable of detecting early indicators via eRPD. If this brand of software were capable of early detection of its competitions advances, then RPD would placate many of its customers by offering them swift trading news and putting them ahead of their competitors thus making them...

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