Project Management Recommendation

Gabriella Goodfield

OPS/571

Bruce Mischler

From: gabriellagoodfield@hotmail.it

To: raygritsch@pipermail.com

Subject: Project Management Recommendation

Date: August 17, 2015

Good afternoon Mr. Gritsch,

I would like to take the time to say thank to the Piper Industries Vice President Wendell

Deirelein for assigning my team to analyze the three projects. As you know that each project

will be analyze by using the feasibility study and the breakeven analysis. Our decision will be

base on this information of both.

The recommendation will describe the five phrases of the chosen project. In addition, the project

recommendation will describe the key deliverables for the selected project. The main goal for

this recommendation to select a project that will be complete and generate a revenue in 12

months.

Project Code Name: Juniper

Project code name Juniper when the feasibility study was conducted in the Juniper project it

reveal that the life cycle is only for three years. In addition, the breakeven analysis show that the

Piper industries would lose money on the project. As mention before the third is the forecasted

end of life. Although the widgets would be improve, critical path is only six months, and there

may be customers who still use these widgets. The life cycle and the high cost compare to the

low ROI is the reason why the Juniper is the not the selected project.

Project Code Name: Palomino

Just like the Juniper project, the life cycle is seven years and the Piper needs to have a project

that could go longer. The breakeven again shows that the cost would not provide a breakeven for

the company. Although the widgets are extremely important to the company strategic customers

but the 5%, error is a negative effect on the Piper industries customers. The risk of completion

on time is medium. The 5% error and the high cost would make the Piper at risk to lose money.

For these reason the Palomino is not the selected project.

Project Code Name: Stargazer

The project Stargazer is the selected company. The breakeven was used to determine if this

project could be selected. First, let us discuss the negative aspects of the project. The risk of

completing on time is high and it cost more if extra time to needed to complete the project. On

the other, the ROI is higher than the cost even if it does take extra time to complete. The

breakeven analysis has determine that the breakeven is point is high. This means that the

company will not lose money. My project team thinks that this project will make money for the

Piper Industries with the first year and half. The total of ROI is $1600, 000 whereas the cost

including the extra time and cost could be $1400, 000. This would be a profit of $200,000 for the

Piper Industries.

Project Stargazer Deliverables

The first deliverable is the widgets. Reason is that they are highly innovative. These widgets

would make the Piper Industries leaders in the field. The second deliverable is the high ROI in

the first three years of the life cycle of the widgets. The last deliverable is the research and

development. The Piper research and development will provide a continuing ways of improving

the widgets. This in turns would keep the company as leaders for years to come.

The Five Phrase of the Stargaze Project

Phrase 1 Conceptual and Initiation is the time the project managers creates the core project team.

The core project team consist of supervisory and employees who have the skills. The Stargazer

will begin with the feasibility study

Phrase 2 is the definition and planning of the project itself. This is when the manger is putting

the project together. In this phrase the Piper’s project manager needs to plan on cost, budgets,

and work on a schedule.

Phrase 3 Project Launch. At this time, the Piper Industries needs to distribute the resources

tasks, and communicate with the teams on their responsibilities.

Phrase 4 Monitoring and controlling. The Stargazer would need to measure the project

performance. In addition, monitor the cost so it will not go over the budget. The employees’

performance will be measure as well by the Piper industries.

Phrase 5 Closure of Project. “The primary responsibility of the project manager is to ensure that

all work on the project has been completed” (Taylor, 2006). In this phrase The Stargazer, project

manager has to make the final payments to the vendors, receive payment for the customer, and

delivery the finish project to the customer. Lastly, The Stargazer project manager with the Piper

Industries would give closing dinner for the employees as recognition of a good job done.

Giving reward to the employees is part of the closure of the project.

Sincerely,

Gabriella Goodfield

Project Manager

Reference

Taylor, J. (2006). CHAPTER 14: The Termination Phase. In, Survival Guide for Project

Managers (pp. 275-287). American Management Association International.

Taylor, J (2006). CHAPTER 13: The Implementation Phrase In, Survival Guide for Project

Managers (pp. 237-273). American Management Association International.

Taylor, J (2006). CHAPTER 12: The Developmental Phrase In, Survival Guide for Project

Managers (pg.215-236), American Management Association International.

5 Basic Phases of Project Management http://www.projectinsight.net/project-management-basics/basic-project-management-phases