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F.A.S.T price. SITUATIONAL REALITIES. F.A.S.T. wants to use the PRICE productivity system to evaluate the success of its community service outreach programs: Cars for the Community & Festival Nights. .
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F.A.S.T. wants to use the PRICE productivity system to evaluate the success of its community service outreach programs: Cars for the Community & Festival Nights.
The P.R.I.C.E. project management technique requires rich MIS information about what is being pinpointed (the main outcome goal). The richest source of information about a team’s performance comes from ECONs served by the team + experienced-based input by F.A.S.T. TMs. ECONs know most about overall team performance & TMs know most about how optimizing their team’s performance.
MIS information about F.A.S.T.’s involvement in Cars for the Community & Festival Nights is pretty sketchy because F.A.S.T. participated in both programs for the first time this year. Most of the limited feedback received by F.A.S.T. TMs about the 2 programs is word-of-mouth only. Penny & Armando participated in both programs this year but feel they want to tackle only one of them next year.
Ryan’s “circuits” were overloaded by both programs this year because he had to prep a large number of extra cars. Lauren and Gloria enjoyed participating in the behind-the-scenes work on both programs and seem eager to get more involved next year. Marty is potentially interested in continuing a partnership with both programs but has reservations about F.A.S.T. continuing as the main sponsor instead of just a co-sponsor.
Wheels Santa Fe encourages F.A.S.T. to participate in the programs next year only if they contribute more profit than this year. The Wheels headquarters office in Santa Fe wants Marty to development a cost/benefits report on both programs. The F.A.S.T. team is being pressured by both programs (Cars for the Community & Festival Nights) to renew their co-sponsorships for the coming year.
Two other Wheels agencies in South Texas (Victoria & Galveston) have talked with Marty about how they could start similar programs in their cities. Several of the social service agencies who worked with .F.A.S.T. in Cars for the Community have asked F.A.S.T to expand their services in the program next year. The business school at A&M/Corpus Christi would like to establish a student internship program with F.A.S.T Wheels.
F.A.S.T. determined that the qualitative aspects of participating in the 2 programs produced more of a return than the quantitative ($$$) aspects + the P(inpoint) in PRICE.
R(ecord) = rental opportunities that came from people who were involved in the 2 community programs
I(nclude) = feedback from CONs & VTMs who don’t work at Wheels
C(oach) = show F.A.S.T. TMs how to record PRICE feedback & how to think of other qualitative ways to benefit from community service activities
E(valuate) = which F.A.ST. TMs, VTMs, & CONs produced the most valuable feedback & why