Intuitively knows what financial assets; technology, personnel, and other resources are available and not only recognize but expects changing industry trends. This type of intuitive employee will have a knack for making the right choices in future company decisions. This is accomplished by learning a systematic approach to the process and application of past experience to the acquired knowledge formulating new approaches. Determine the costs and benefits of the project. Assess if the project scope, risk, and strategy are defined clearly. Help stakeholders understand the data, Select formats for reporting results, create a dissemination plan. Brief stakeholders throughout the process. Frame and reframe complex or ambiguous …show more content…
In my opinion, after research and analysis of these systems, with the risk involved in both entities, best interests would be a disservice to Scaled Composites and Space Systems Technology to proceed with anything but a standalone program. Portfolio management is ideal for meeting expectations of one or more strategic business objectives (Project Management Institute, 2017). However, the specifications of the mission and objectives of the Ansari X-Prize are specific and unique for private …show more content…
Prosecution can result from the Procurement Integrity Act 41 U.S.C. § 423(c) that imposes additional requirements on competitive procedures when and within projects awarded (Cusick, 2006, p. 7). In addition, under 18 U.S.C. § 208, government contracts and projects place further specific stipulations regarding financial interests or negotiations, to include future ones as well (Cusick, 2006, p. 5). Intermingling, or mixing, of assets, be it human capital, property including intellectual property, are all intertwined logistically, beyond that of ethics or of the integrity of the company. This will lead into unforeseen cost overages of projected project development of expenses and budget objectives of not only this project, but also existing effectively run projects, that we are engaged with ensuing and evoking setbacks, not maintain value to the stakeholders. The next course of action is to present for preparations to stage for the Ansari X-Prize project being awarded to Space Systems Technology being able to meet or exceed all expectations for the standalone project stakeholder