Project Recommendation Email Essay

We have triad project proposals to consider in next weeks get wind Management Offices (PMO) Review. Piper Industries Corp. needs the projects to be staring(a) and to be generating review within 12 months of next weeks PMO Review. Wendell Deirelein, our vice-president, has assigned your team to analyze the three projects below and make a recommendation on which project the company should invest in. The recommendation must include your team description of the five phases of the project and the key deliverables (project uttermost date and equal) for each project.Project Code reference JuniperThis is an sweetening of a current widget being offered by our company. take chances of closure of this project on time is low. Product plan shows the lively fashion to be 6 months at a cost of $325,000 to generate the point of intersection to market. Product is forecasted to have a ROI of $250,000 for a period of 2 to 3 divisions. The third year is forecasted to be the end of life fo r this product eminence due to advances projected in technology. This is a standard product telegraph wire that marketing believes many customers will want to purchase. Project Code Name PalominoThis is a new line of widget products including enhancements using existing technology. Risk for completion of this project on time is medium. Production plan shows the critical path to be 9 months at a cost of $655,000 to bring the product to market. Product is forecasted to have a ROI of $450,000 for a period of 5 years. This product will be a custom part for champion of your strategical customershistorically the forecasts from this customer have a 5% brim of error. The seventh year is forecasted to be the end of life for this product by the customer. Project Code Name StargazerResearch and development has already started on our new widgets. The company has spent $450,000 on this product so far and the estimate to bring this product to market is $575,000. Risk of end this project on time is high.Product is forecasted to have ROI of $300,000 first year $550,000 the second year and $750,000 the third year. The product life is forecasted to be 7 years for this product. (This forecast included derivative product which will cost more). By delivering such an innovative product to the market place first, your system will be seen as a leader in this industry. Your sales and marketing teams have discussed this type of product with a few of your strategic customers while some are interested, there are many questions some the business.Sincerely,Ray GritschPiper Industries Corporation