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Project Management Emai

In: Business and Management

Submitted By georgehemet
Words 345
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The team recommends the Palomino project for the future investment because the principled differentiator of this project has a greater return on investment than the others. We arrive to this conclusion by utilizing the five phases of the project.
Project initiation were the project was define and ideas of the project was carefully examined to determine whether its benefited the organization, during this phase it was also examined the feasibility, risk and return of investment, but will still require a more detailed study before committing to the final investment decision.
The next step was project planning, at point the project charter and project scope was writing, outlining the work that needed to be performed, at this phase the team prioritize the project, they calculated a budget and schedule and determine what resources was needed.
This phase, we continue developing the project executing phase were the resources and task was distributed and the teams was informed of their responsibilities, the maximum resources and cost is involved at this time.
Next the team went to work on the performance and control aspect were as project managers we compared projects status and progress to the actual plan, as resources performed on schedule. This process kept the project on schedule and in budgeted cost. At this point quality checks and scope changes were manage the critical path, cost and quality was measured for success of the project.
Finally we arrived to the project closer after completing all project task and the client gas approved the outcome, an evaluation is necessary to highlight project success and or learn from project history.
Decision Metric Factor | Factor Weight(1-10) | Juniper | Project A Weighted Values | Palomino | Weighted Values | Stargazer | Weighted Values | Product Life | 10 | 3 | 3 | 2 | 5 | 4 | 7 | Time to market | 9 | 6 Mo | |

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