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Problem Solution: Remington Peckinpaw Davis Inc.

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Problem Solution: Remington Peckinpaw Davis Inc.
Remington Peckinpaw Davis saw success through the early 1990s by targeting America's higher income level. The global surge of the mid-1990s brought new rules, new dynamics, and new success drivers for Remington Peckinpaw Davis. Computers, knowledge, and networks contributed to the world changing from an industrial age to that of a new economy. The global economy changed the face of investments as more and more people were able to invest in new ways.
Remington Peckinpaw Davis currently has a project management plan that includes a number of new projects but they do not have a plan for implementation of these projects, there are also senior staff members who cannot to agree on a course of action, which is currently delaying the project process.

Issue and Opportunity Identification
Sam Remington who has been credited with influencing the stock market we have today is not very technologically inclined, but recognized that to stay at the top he needed to update his products and services. Remington Peckinpaw Davis created an online division for investors who use computers to trade stock and mutual funds. The online division, eRPD, has had numerous technology problems costing the firm in excess of $1.7 million dollars and numerous unhappy customers, “A review of customer bulletin boards reveals consistent complaints about eRPD’s lengthy lag times in opening accounts, sporadic and inaccurate confirmations of trades, and errors in account information tracking and recording” (University of Phoenix Online, 2009, p1).
Remington Peckinpaw Davis has many opportunities for process improvement. They need to start by implementing a project management plan. Implementing a project management plan allows for a sequence of planned events focused on the decisions the organization makes. By implementing key components such as…...

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