Lakes Automotive is a Detroit-based tier one supplier to the auto industry. Between 1995 and 1999, Lakes Automotive installed a project management methodology based upon nine life cycle phases. All 60,000 employees world-wide accepted the methodology and used it. Management was pleased with the results. Also, Lakes Automotive's customer base was pleased with the methodology and provided Lakes Automotive with quality award recognition that everyone believed was attributed to how well the project management methodology was executed.
In February 2000, Lakes Automotive decided to offer additional products to their customers. Lakes Automotive bought out another tier one supplier, Pelex Automotive Products (PAP). PAP also had a good project management reputation and also provided quality products. Many of their products were similar to those provided by Lakes Automotive.
Since the employees from both companies would be working together closely, a singular project management methodology would be required that would be acceptable to both companies. PAP had a good methodology based upon five life cycle phases. Both methodologies had advantages and disadvantages, and both were well liked by their customers.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.