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Dear Mr. Gritsch: . In continuation of your email dated February 10, 2014, I have completed analysis of three projects: Juniper, Palomino and Stargazer. The risk levels in Juniper, Palomino, and Stargazer are low, medium, and high respectively. It is in the best interest of Piper Industries Corporation to move forward with the Stargazer project. Stargazer is selected due to its feasibility and risk level.
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Waste removal phase . Landscaping Phase. While a project involving the building of a new factory may contain four phases such as: . Environmental Impact Assessment Phase . Design Phase .
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Project close . The project will be closed only upon completion of the project, evaluation of the project, and client approval of the project. Key deliverables associated with the selected project: . If after the Estimated Budget at Completion of $575,000 is spent and the product is developed as specified in the project plan, then the project would have met the substantial product deliverable. Secondly, if the Piper Industries Corporation is able to deliver the product within 12 months, the company would have met the project schedule deliverable.
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The recommendation must include our description of the five phases of the project and the key deliverables (project completion date and cost) for each project (University of Phoenix, 2013).There are five phases of the project that must take place in order for the project to be a success.Overall benefit: Research & Development of a new product, market leader, project recommend that the board invest in the project, Stargazer; particularly because the company has .After meeting with my team and analyzing the data of the three projects, we have to come to an agreement that the project your company should invest in is the Juniper project.According to Stricker (2013), “Whether a project is large or small, the stages of a project are ulti...
We would like to recommend the Piper Industries Corp. to pursue with the project Palomino for future investments.Recommendation: Even though Palomino has a 5% margin of error from its supplier, we conclude that this project is more feasible and profitable than the other two.The project team evaluates success or failure of the project and documents key learning’s, to implement in future projects.With Juniper project, the product is feasible, as we can predict the forecasting of its schedule.During this phase the project tasks are satisfactorily completed and tested, the client approves the project.
The manager of the project must organize all the necessary information for future reference.After the actual risk of the project has been acknowledged, the project team estimates the risk based on the probability that may likely happen, and the possible loss related with the project.Furthermore, it will answer several important questions concerning of the project these may include length of the project, benefits and risks and Return on investment (ROI) to Piper Industries.Boston, MA: McGraw-Hill Irwin Project Management Recommendation Email [Multimedia].In the meantime, project management is described as planning, directing, and controlling resources, which are the people, equipment and the material in order to meet the technical, cost a...
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