Essay about Project management

937 Words Oct 10th, 2014 4 Pages
Project Management Recommendation
Cali Hadafow
May 12, 2014 Project Management Recommendation
Piper Industries Corporation Project Management Recommendation
Dear Project Manager, In response it is to your previous E-mail with the attention of the projects of Juniper, Palomino and Stargazer. The team is found and analyzed the three projects, assessed the risk that each project contains as well as returns on investment (ROI). There are many aspects one should think over when performing an investment decision. These may include the hypothesis of underlying the potential benefits and the ability to calculate and quantify the costs and benefits. However, the team concluded Stargazer Project in the best
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(Jacobs & Chase, 2011), There are five distinctive phases in project management that imply the stargazer model. First-Phase is the Project Conception and Initiation. The focal point of this phase is to secure the project that it is demonstrated into practical and will benefit the Piper Industries Corp. Second phase is project definition and planning. During this phase, the extent of the project will require an outline so the work which has to be performed is attainable. These may include activities that arrange budgets and timelines. Furthermore, planning incorporates the creation of clear and precise objectives defines the work activities that have to be done in order achieve the planned objective. The purpose may necessitate the achievement of a condition that varies from the present one.

Third Phase is the project execution. In this phase, the team must start executing the project against their assigned responsibilities. This phase is where every team member will start the task. It will coordinate the team and the resource to execute the different tasks of the project. Fourth Phase is the project controlling and Monitoring. In this phase of controlling the project manager must start monitoring the situation closely in order to make sure that the tasks are moving as it is planned. There are several ways to control the project this may involve a check - ins with team and more official weekly

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