Question One
Hotbed Limited is trying to decide whether to sell up and build a new factory at a new site or rebuild its current facility. It has evaluated some of the costs and probabilities of its options, as well as some of the ‘what-if’ scenarios. It now wants to prepare a decision tree to assist with its decision making.
Prepare a decision tree to clarify the issues and present a recommendation.
Question Two
You are redesigning the company structure of an old established construction company to meet a growing need for project-based business. The business has to manage projects via project managers and teams allocated to each project. The business also has architects and structural engineers; purchasing staff for buying materials; pools of labour with specific skills such as brick laying, plumbing, etc.; and business development, sales/marketing, and finance departments. The company also has access to a large supply of subcontractors such as painters and electrical technicians.
Propose an efficient company structure that will be responsive to new growing demand for projects and discuss why you have chosen this structure.
Question One
Hotbed Limited is trying to decide whether to sell up and build a new factory at a new site or rebuild its current facility. It has evaluated some of the costs and probabilities of its options, as well as some of the ‘what-if’ scenarios. It now wants to prepare a decision tree to assist with its decision making.
Prepare a decision tree to clarify the issues and present a recommendation.
Question Two
You are redesigning the company structure of an old established construction company to meet a growing need for project-based business. The business has to manage projects via project managers and teams allocated to each project. The business also has architects and structural engineers; purchasing staff for buying materials; pools of labour with specific skills such as brick laying, plumbing, etc.; and business development, sales/marketing, and finance departments. The company also has access to a large supply of subcontractors such as painters and electrical technicians.
Propose an efficient company structure that will be responsive to new growing demand for projects and discuss why you have chosen this structure.
