Project Management Email Individual Paper Week 5 20Oct14
Project Management Email
Shiona J. Creary
OPS/571
University of Phoenix
October 27, 2014
Dr. Robert Krell
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).
Project Management Email
Piper Industries Corporation Project Management Recommendation
Dear Project Manager:
With the available information from the previous email regarding the projects of Juniper, Palomino and Stargazer, I feel it is in the company’s best interest to go with the Palomino project moving forward. The reason for not selecting the other two options is because Juniper carries too low of a risk for completion. Stargazer is not worth the high risk of completion and the unfamiliarity of how the final product will be with the customer.
The method applied for making this decision was by utilizing the feasibility study. The main purpose of this is because using this project would have to make sense to the company as a whole. Answering all of the questions on Return On Investment (ROI), length of project, risk and overall benefit to Piper Industries. Using the feasibility study for the Juniper and Stargazer projects, it was a basic understanding that previously mentioned material would not be present as with the Palomino model.
There are five different phases in project management that involve the Palomino project and those are (Jacobs & Chase 2011):
•Project conception and initiation: The main focus of this phase is to ensure the project being presented is realistic and will benefit the company.
•Project definition and planning: The scope of the project will need an outline so the work which needs to be performed is available. Prioritizing, budgets and timelines are in this phase as well.
•Project launch or execution:
Shiona J. Creary
OPS/571
University of Phoenix
October 27, 2014
Dr. Robert Krell
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).
Project Management Email
Piper Industries Corporation Project Management Recommendation
Dear Project Manager:
With the available information from the previous email regarding the projects of Juniper, Palomino and Stargazer, I feel it is in the company’s best interest to go with the Palomino project moving forward. The reason for not selecting the other two options is because Juniper carries too low of a risk for completion. Stargazer is not worth the high risk of completion and the unfamiliarity of how the final product will be with the customer.
The method applied for making this decision was by utilizing the feasibility study. The main purpose of this is because using this project would have to make sense to the company as a whole. Answering all of the questions on Return On Investment (ROI), length of project, risk and overall benefit to Piper Industries. Using the feasibility study for the Juniper and Stargazer projects, it was a basic understanding that previously mentioned material would not be present as with the Palomino model.
There are five different phases in project management that involve the Palomino project and those are (Jacobs & Chase 2011):
•Project conception and initiation: The main focus of this phase is to ensure the project being presented is realistic and will benefit the company.
•Project definition and planning: The scope of the project will need an outline so the work which needs to be performed is available. Prioritizing, budgets and timelines are in this phase as well.
•Project launch or execution: