Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management Description
This case describes the implementation and subsequent failure of an innovative system installed in the bars of Alvalade XXI, the recently built football stadium in Lisbon, Portugal. Casa XXI, the company running the bars, had entrusted the project to an IT supplier who had limited experience with large systems. During the inauguration, the system failed spectacularly creating a chaotic situation. The fiasco meant not only a financial loss, but also a blow to the reputation of the company. The management blamed the supplier for the failure. The supplier, however, claimed that the problem was not technical but organizational, that is, poor planning of operations. Subsequent tests were inconclusive and failed to restore trust. At the end of the case, the CEO is considering the possibility to switch to an alternative supplier. He also wonders what they could have done to manage the project and the associated risks more effectively. The case highlights risk and project management issues in large systems implementations. The discussion can be structured around cost/benefit analysis, risk assessment, and project management. Relevant dimensions include: company operations, project scope, degree of innovation, technology used, system architecture, supplier selection, and project organization. In addition, the case raises governance questions: Who is responsible for the project? Even if the project is outsourced, how should the roles and responsibilities be apportioned between the company and the IT supplier(s)? What mechanisms should be used to plan and execute IT projects, and control their risks?
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Case Analysis of Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management is a Harvard Business (HBR) Case Study on Technology & Operations , Texas Business School provides HBR case study assignment help for just $9. Texas Business School(TBS) case study solution is based on HBR Case Study Method framework, TBS expertise & global insights. Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.
Case Study Solutions Background Work
Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
case study solution
is focused on solving the strategic and operational challenges the protagonist of the case is facing. The challenges involve – evaluation of strategic options, key role of Technology & Operations, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management, is to not only build a competitive position of the organization but also to sustain it over a period of time.
Strategic Management Tools Used in Case Study Solution
The Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.
Texas Business School Approach to Technology & Operations Solutions
In the Texas Business School, Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study solution – following strategic tools are used - SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.
We have additionally used the concept of supply chain management and leadership framework to build a comprehensive case study solution for the case – Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Step 1 – Problem Identification of Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management - Harvard Business School Case Study
The first step to solve HBR Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study solution is to identify the problem present in the case. The problem statement of the case is provided in the beginning of the case where the protagonist is contemplating various options in the face of numerous challenges that Xxi Supplier is facing right now. Even though the problem statement is essentially – “Technology & Operations” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in Xxi Supplier, style of leadership and organization structure, marketing and sales, organizational behavior, strategy, internal politics, stakeholders priorities and more.
Step 2 – External Environment Analysis
Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management.
The external environment analysis of Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management will ensure that we are keeping a tab on the macro-environment factors that are directly and indirectly impacting the business of the firm.
What is PESTEL Analysis? Briefly Explained
PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study. PESTEL analysis of " Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.
How to do PESTEL / PEST / STEP Analysis? What are the components of PESTEL Analysis?
As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management macro-environment and how it impacts the businesses of the firm.
How to do PESTEL Analysis for Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
To do comprehensive PESTEL analysis of case study – Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management , we have researched numerous components under the six factors of PESTEL analysis.
Political Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.
Policy Making Impact on Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Government policies have significant impact on the business environment of any country. The firm in “ Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management ” needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible.
Data safety laws – The countries in which Xxi Supplier is operating, firms are required to store customer data within the premises of the country. Xxi Supplier needs to restructure its IT policies to accommodate these changes. In the EU countries, firms are required to make special provision for privacy issues and other laws.
Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management has numerous instances where the competition regulations aspects can be scrutinized.
Import restrictions on products – Before entering the new market, Xxi Supplier in case study Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management" should look into the import restrictions that may be present in the prospective market.
Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. Xxi Supplier in case study “ Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management ” should look into these export restrictions policies.
Foreign Direct Investment Policies – Government policies favors local companies over international policies, Xxi Supplier in case study “ Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.
Taxation & Regulation Impact on Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.
Tariffs – Chekout how much tariffs the firm needs to pay in the “ Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management ” case study. The level of tariffs will determine the viability of the business model that the firm is contemplating. If the tariffs are high then it will be extremely difficult to compete with the local competitors. But if the tariffs are between 5-10% then Xxi Supplier can compete against other competitors.
Government Scheme & Subsidies Impact on Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study have to assess whether their business can benefit from such government assistance and subsidies.
Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.
Political System & Stability, and its Impact on Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.
Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.
Corruption level – Xxi Supplier needs to assess the level of corruptions both at the official level and at the market level, even before entering a new market. To tackle the menace of corruption – a firm should have a clear SOP that provides managers at each level what to do when they encounter instances of either systematic corruption or bureaucrats looking to take bribes from the firm.
Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.
Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.
Economic Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Social Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Technological Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Environmental Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Legal Factors that Impact Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management
Step 3 – Industry Specific Analysis
What is Porter Five Forces Analysis
PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management case study. PESTEL analysis of " Fixing the Payment System at Alvalade XXI: A Case on IT Project Risk Management" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.
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