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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xxxxxxx MANAGEMENT xxxxxxxxxxxxxx xxxxxx
We are xxxxx to analyze the xxxxx xxxxxxxx xxxxxxxx before xx xxx xxxxxx on the xxxx suitable one to xxxxxx on.
xxxxxxx Code Name: xxxxxxx
xxxx xx an xxxxxxxxxxx xx a xxxxxxx xxxxxx being offered xx xxx company.
xxxx xx xxxxxxxxxx of this project xx time is xxxx
xxxxxxx plan xxxxx xxx critical xxxx xx xx 6 xxxxxx at a cost of $325,000 to xxxxx xxx product to xxxxxxx
xxxxxxx xx forecasted xx xxxx x xxx of xxxxxxxx for x period xx 2 to x years.
The xxxxx xxxx is forecasted to xx the xxx of xxxx xxx this product xxxx xxx xx xxxxxxxx projected in technology.
This xx x xxxxxxxx xxxxxxx line that marketing xxxxxxxx many customers xxxx want to xxxxxxxxx
The xxx xxxxxx 2 to x years as percentage xx xxx xxxx xx 77%. xxxxx is xx xxxxxxxx xxxx xx xxxxxxxxx this xxxx xx xxxx is xxxxxxxx xxxxxx the first x xxxxxx xxx xxxxxxx xxxxx have done x profitable business xxxxxx technological xxxxxxxxxxx would xxxxx xxx xxx product xxxx the market. The product
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OPS xxx WEEK 5 INDIVIDUAL ASSIGNMENT 2
PROJECT MANAGEMENT xxxxxxxxxxxxxx E-MAIL
We are xxxxx to analyze xxx three xxxxxxxx projects before we xxx xxxxxx xx the xxxx suitable one xx invest on.
xxxxxxx xxxx xxxxx Juniper
This is xx enhancement of x current xxxxxx xxxxx xxxxxxx xx our company.
Risk xx completion xx xxxx project on xxxx is xxxx
xxxxxxx xxxx xxxxx the xxxxxxxx path xx xx x months at x cost of $325,000 xx xxxxx the xxxxxxx to market.
xxxxxxx is xxxxxxxxxx xx xxxx a ROI xx $250,000 xxx a period xx 2 xx 3 years.
xxx xxxxx year is xxxxxxxxxx to be xxx end of life xxx xxxx xxxxxxx xxxx xxx to advances xxxxxxxxx xx technology.
This xx x standard xxxxxxx xxxx xxxx xxxxxxxxx xxxxxxxx xxxx customers will xxxx to xxxxxxxxx
The xxx xxxxxx 2 to x years xx percentage xx the xxxx xx xxxx There is no definite time of realizing xxxx ROI. xx xxxx is realized xxxxxx xxx first x years, the company xxxxx have done x
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