Product Management Using Boston Matrix Tool with Product Life Cycle Management

Project description
An Engineering Systems Development Company called Abuja Energy Surveillance (AES) Ltd has just developed a new oil and gas pipeline monitoring system using drones and Geographic Information System for managing oil and gas theft and spillage along pipelines. They have a 10 year strategic market share plan that focuses on making the system a market dominant in energy security and environment pollution management for oil and gas industry sector in many countries.

a)Explain the strategic implications of Boston matrix model to the company and how it can impact on its 10 year strategic market share plan for the system

b)Carry out a full analysis and description of the application of Boston Matrix tool on the system developed by Abuja Energy Surveillance (AES) Ltd

c) Using a Project Life Cycle Management technique, provide a credible review and recommendations to the company on the strategies required for a successful commercialization of oil and gas pipeline monitoring systems in each stage of its life cycle. The recommendations should take into consideration the following:
i. Marketing;
ii. Financial;
iii. Manufacturing;
iv. Companys supply chain for the system, and
v. Human resource
Note:
1)Students will be expected to review the oil and gas theft and spillage incidents in the global oil and gas sector. Student may focus on a given country with extensive cases of oil and gas theft and spillage through the supply chain of the sector

2)A critical review and understanding of the necessary techniques and its application will be expected from the students

3) A formal report with appropriate references will be required