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First Cars Ltd

Decent Essays

First Cars plc Critical path analysis is a method that is used to plan out the many activities involved in a project to be able to find the most efficient way of complete it and how to complete it on time. From a research and development point of view, the decision to go ahead with this project relies solely on the critical path analysis provided by Amy Jones. In light of this, the operations director is rightly concerned about how valuable the data provided by the critical path analysis is. The arguments for and against seem to be balanced. Therefore, I present the most significant argument of how valuable a critical path analysis – which is how Amy’s data allows the business to be have a clear outline of when and where money is spent …show more content…

Which could mean they do not reach their important deadline of August 2010 - which could possibly mean that they have thrown the whole project down the drain; this is because it is extremely important for the business that they reach the deadline if they want to become a strong competitor in the given market. Not only could the project be in jeopardy but the whole of the business if any of the deadlines aren’t met because it would put them in a poor state regarding their cash flow. All in all, even though the argument seems to be relevantly balanced I believe there is a lot to loss on this project, a considerably amount more than what is at stake to be gained. The project is so unsafe for a business which is already struggling to survive. I think that First Car plc needs to hold fire and invest in a project which will guarantee to bring in profits and cash quickly rather than one that is extremely risky with no previous data to compare it on and one that entails extremely high costs – cars could be sitting around for days or even weeks in expensive city centres with staff having nothing to do, I suspect it could be a seasonal business in regards to when someone might want a car and what for. Due to the reasons above I believe that in this case the value of the critical

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