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).
I'm pretty sure this assignment is not supposed to be more than 1400 words but it may be much less than that. I will advise soon if it needs to be more.
This has to be written in a profession email format. But it has to be in an email format.
Project Management E-Mail
Dear Project Manager:
We have three project proposals to consider in next week’s Project Management Office’s (PMO) Review. Piper Industries Corp. needs the projects to be complete and to be generating revenue within 12 months of next week’s PMO Review. Wendell Deirelein, our vice-president, has assigned your team to analyze the three projects below and make a recommendation on which project the company should invest in. The recommendation must include your team description of the five phases of the project and the key deliverables (project completion date and cost) for each project.
Project Code Name: Juniper
·This is an enhancement of a current widget being offered by our company.
·Risk of completion of this project on time is low.
·Product plan shows the critical path to be 6 months at a cost of $325,000 to bring the product to market.
·Product is forecasted to have a ROI of $250,000 for a period of 2 to 3 years.
·The third year is forecasted to be the end of life for this product line due to advances projected in technology.
·This is a standard product line that marketing believes many customers will want to purchase.
Project Code Name: Palomino
·This is a new line of widget products including enhancements using existing technology.
·Risk for completion of this project on time is medium.
·Production plan shows the critical path to be 9 months at a cost of $655,000 to bring the product to market.
·Product is forecasted to have a ROI of $450,000 for a period of 5 years.
·This product will be a custom part for one of your strategic customers—historically the forecasts from this customer have a 5% margin of error.
·The seventh year is forecasted to be the end of life for this product by the customer.
Project Code Name: Stargazer
·Research and development has already started on our new widgets. The company has spent $450,000 on this product so far and the estimate to bring this product to market is $575,000.
·Risk of completing this project on time is high.
·Product is forecasted to have ROI of $300,000 first year; $550,000 the second year; and $750,000 the third year.
·The product life is forecasted to be 7 years for this product. (This forecast included derivative product which will cost more).
·By delivering such an innovative product to the market place first, your organization will be seen as a leader in this industry.
·Your sales and marketing teams have discussed this type of product with a few of your strategic customers; while some are interested, there are many questions about the business.
OPS 571 WEEK 5 INDIVIDUAL ASSIGNMENT 2 100% Perfect Tutorial Already Graded A++ Use as Guide
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PROJECT xxxxxxxxxx RECOMMENDATION xxxxxx
We are going xx xxxxxxx the three proposed projects xxxxxx we xxx xxxxxx xx xxx most xxxxxxxx one to xxxxxx on.
Project Code Name: xxxxxxx
This xx xx xxxxxxxxxxx of a current xxxxxx xxxxx offered by xxx company.
Risk xx completion xx xxxx project on xxxx is xxxx
xxxxxxx plan xxxxx the xxxxxxxx path xx be x months at x cost of $325,000 xx xxxxx the product xx xxxxxxx
Product is xxxxxxxxxx xx have x xxx xx $250,000 xxx x period xx 2 to 3 xxxxxx
xxx xxxxx year xx xxxxxxxxxx xx xx xxx xxx xx life xxx this xxxxxxx line xxx xx xxxxxxxx projected in xxxxxxxxxxx
This is x xxxxxxxx xxxxxxx xxxx xxxx marketing xxxxxxxx xxxx xxxxxxxxx xxxx xxxx to purchase.
The ROI xxxxxx 2 xx x xxxxx as xxxxxxxxxx xx the cost xx 77%. xxxxx is xx definite time of xxxxxxxxx xxxx ROI. If xxxx is xxxxxxxx within xxx xxxxx 2 years, xxx company would xxxx done a xxxxxxxxxx xxxxxxxx xxxxxx technological advancement would xxxxx xxx xxx product xxxx the xxxxxxx xxx xxxxxxx
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file2.docx preview (1052 words)
xxx xxx WEEK x xxxxxxxxxx xxxxxxxxxx x
PROJECT MANAGEMENT RECOMMENDATION E-MAIL
We xxx xxxxx to analyze the three xxxxxxxx xxxxxxxx before xx xxx xxxxxx xx the xxxx suitable one to xxxxxx on.
xxxxxxx Code xxxxx Juniper
This xx xx enhancement of x xxxxxxx xxxxxx xxxxx offered by xxx xxxxxxxx
xxxx of xxxxxxxxxx of this xxxxxxx on xxxx is low.
xxxxxxx xxxx shows the critical path to xx x xxxxxx at a cost xx $325,000 to bring the product xx market.
Product is xxxxxxxxxx xx xxxx x xxx of xxxxxxxx for a period of 2 xx x years.
The third year is xxxxxxxxxx xx xx xxx end of xxxx xxx xxxx xxxxxxx xxxx due xx xxxxxxxx xxxxxxxxx in technology.
This is x standard product xxxx xxxx xxxxxxxxx xxxxxxxx many customers will xxxx to xxxxxxxxx
The ROI within x xx x years as xxxxxxxxxx xx xxx xxxx xx 77%. xxxxx is no definite xxxx xx realizing xxxx ROI. If this xx xxxxxxxx within the first 2 xxxxxx the company would have done a
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