Essays on Project Management : Arms Dealing Between Countries Assignment

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РRОJЕСT МАNАGЕMЕNT: АRMS DЕАLING BЕTWЕЕN СОUNTRIЕSIntroductionThe world military spending estimates that 1.5 trillion dollars are spent yearly on weapons in the world (Shah 2012). This accounts to around 2.7% of the world GDP, making it one of the highest global businesses. Weapon sale is the most “rampant” business out there. For an individual or an entrepreneur to succeed into this market you have to be very aggressive. The arms industry is involved in the manufactures of thousands of weapons, military technology and equipment. It requires a lot of research because every day different weapon companies develop different and more advanced weapons.

Many governments have their own domestic weapon production sectors which produce weapons for the state military and security forces. Weapons contracts are given by the government so as a weapons dealer it would be of your best interest to be involved in the political activities of the country so as to be in the know how. The United States of America (USA) every year spends millions of dollars on its military weapons needs. Russia and the USA are the top dealers in weapon trade.

They sell to the developing countries especially those who are rich and make billions of dollars from this sale. “From 2007 to 2010, the USA made nearly $72 billion in such agreements, ” while “Russia made $37.1 billion, ” (Congressional research Service, 1). The Project will provide the project’s goals and objectives. Additionally, the project will serve as an agreement between the following parties: Project Funding, Implementation Committee, Staff/ management, and other personnel associated with and/or affected by the project. The project will consist of a set of components or sub-systems that work together to achieve a common purpose or objective.

A system that makes weapons sold to countries easier will need to have certain key efficiencies built into it to ensure that trade is done on time and within budget. Such efficiencies will include strategic linkages within the producing country and the consuming country as well as between the producing country and the consuming country. The value chain and supply chain will need to be efficient for the production process to achieve the set objectives. Therefore, materials sourcing, research and development, communication planning and monitoring and evaluation will be important in ensuring the weapons production process runs smoothly.

This will make sale of weapons between countries easier. Project statement of workOver the last years, many countries have not been able to buy weapons due to many reasons. Some of the reasons are related to prices which arise due to the complexity in the production of such weapons. The business’s need is to develop a system that will make the weapons in an easy way. The objective of the company is to reduce the costs related to the manufacturing of the weapons and to reduce the complexity in the production process.

In the weapon manufacturing industry, many corporations have been struggling to develop a system that will embrace the technology and the recent innovations to reduce the cost of producing weapons. However, they lack the capabilities and requirements that are needed reach these business requirements.

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