Review the Project Management email.
Write an email response in which you address the following points:
- Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc).
- Describe the five phases of a project
- Describe the key deliverables associated with the selected project(s).
Click the Assignment Files tab to submit your assignment.
Preview of solution:
Dear Sponsor,
With reference to your letter regarding the selection of projects that we have done our analysis and on the basis of our audit, it is recommended to continue Palomino for the future of investment analysis. We arrived at the decision based on our analysis and facts that you have provided. The differentiation of this project was the return on investment and risk. Our detailed analysis is as follows:
Five phases of the Project
1. The design and startup: Project definition
An idea for a project will be carefully examined to determine whether, but also for the organization. During this phase, feasibility, risk and return of investment is actually analyzed. This phase we are currently in and will require a detailed feasibility study before making the final investment decision.
2. Design
A project plan, the project charter and / or the scope of the project can be put in writing, describing the work to be performed. During this phase, a team must give priority to the project, calculate a quote and schedule, and to determine what resources are needed. This is the next step and the most important.
3. The project
Tasks resources are distributed and teams are aware of the responsibilities. Maximum resources and costs at the time. The critical path and
4. Performance and Project Control
Project managers will compare the project status and progress in real terms, since the resources for the job in question. It is a process to keep the project on schedule and the estimated cost. This also entails the control of the quality and extent of change management. The critical path, cost and quality must be measured and monitored closely for the success of the project.
5. Nearby project
After the project activities have been completed and the customer has approved the results, an evaluation is necessary to emphasize the success of the project and / or learn from the history of the project. This is the final stage where all the documentation is issued to the owner. The evaluation of the work may or may not be part of the contract. Before the end of the project, all contracts must be closed and the bills must be paid.
Project Juniper:
Schedule Risk: Low
Cost: $325000
Durations to completion: 6 months
ROI: $250,000 yearly for 2 years total = $ 500,000
Project life: 2-3 years
Positives:
Preview of solution:
Dear Sponsor,
With reference to your letter regarding the selection of projects that we have done our analysis and on the basis of our audit, it is recommended to continue Palomino for the future of investment analysis. We arrived at the decision based on our analysis and facts that you have provided. The differentiation of this project was the return on investment and risk. Our detailed analysis is as follows:
Five phases of the Project
1. The design and startup: Project definition
An idea for a project will be carefully examined to determine whether, but also for the organization. During this phase, feasibility, risk and return of investment is actually analyzed. This phase we are currently in and will require a detailed feasibility study before making the final investment decision.
2. Design
A project plan, the project charter and / or the scope of the project can be put in writing, describing the work to be performed. During this phase, a team must give priority to the project, calculate a quote and schedule, and to determine what resources are needed. This is the next step and the most important.
3. The project
Tasks resources are distributed and teams are aware of the responsibilities. Maximum resources and costs at the time. The critical path and
4. Performance and Project Control
Project managers will compare the project status and progress in real terms, since the resources for the job in question. It is a process to keep the project on schedule and the estimated cost. This also entails the control of the quality and extent of change management. The critical path, cost and quality must be measured and monitored closely for the success of the project.
5. Nearby project
After the project activities have been completed and the customer has approved the results, an evaluation is necessary to emphasize the success of the project and / or learn from the history of the project. This is the final stage where all the documentation is issued to the owner. The evaluation of the work may or may not be part of the contract. Before the end of the project, all contracts must be closed and the bills must be paid.
Project Juniper:
Schedule Risk: Low
Cost: $325000
Durations to completion: 6 months
ROI: $250,000 yearly for 2 years total = $ 500,000
Project life: 2-3 years
Positives:
- Feasible Product,
- Low Risk.
- Forecasting will be accurate.
- Product breakeven is around 2 years
- Meets the requirements of the customers of the product launch in the next 12 months.
Negatives: Company’s future at risk as product life is only 2-3 years.
Recommendation: No
Project Stargazer:
Schedule risk: Very high
Cost: $ 1025000
Building time: more than 1 year
ROI: Return on Investment of $ 300,000 for the first year; $ 550,000 the second year; and $ 750,000 in the third year.
ROI = total $ 1.600
The project life: 7 years
Positive:
• The product is futuristic
Negative:
• The risk is high
• Forecast high variance.
• Equilibrium product is about 2 years
• Do not respond to customer needs for product launch in the next 12 months.
Recommendation: Although a sunk cost is involved bust invest return most unsecured and due dates of the products do not meet the schedule of customers. Analysis of high-level requirements to taking any investment decision.
Recommendation: No
Project Stargazer:
Schedule risk: Very high
Cost: $ 1025000
Building time: more than 1 year
ROI: Return on Investment of $ 300,000 for the first year; $ 550,000 the second year; and $ 750,000 in the third year.
ROI = total $ 1.600
The project life: 7 years
Positive:
• The product is futuristic
Negative:
• The risk is high
• Forecast high variance.
• Equilibrium product is about 2 years
• Do not respond to customer needs for product launch in the next 12 months.
Recommendation: Although a sunk cost is involved bust invest return most unsecured and due dates of the products do not meet the schedule of customers. Analysis of high-level requirements to taking any investment decision.
Contact us for solution: support@onlinehomeworkexperts.com
Note- We always charge after the grades.Just Assign Your Class and Relax!
No comments:
Post a Comment