Strayer University Project Execution Control and Closure Proposal Discussion

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Writing

Strayer University

Description

Project Execution, Control, and Closure Proposal

Overview

This is the final of three assignments that, as a whole, will cover all aspects of the project life cycle relevant to your selected project.

At this point, your project sponsor has approved your project proposal and has asked you to come up with a proposal for the execution, control, and closure for the project.

Requirements

Write a 4–6 page paper in which you:

  • Provide a brief summary of your project.
  • Identify and discuss your project’s greatest challenges (at least three) and provide a recommendation for addressing each of the challenges.
  • Examine how you manage your project performance via earned value management (EVM).
  • Identify at least three key EVM metrics you will use for your project.
  • Discuss your plan to properly close your project when it is over.

Use at least three academic resources for this assignment. Use the Strayer Library to conduct your research. These resources should be related to your chosen project and the content you provide in this assignment. Note: Wikipedia and similar websites do not qualify as quality references

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

  • Develop a proposal to communicate project execution, control, and closure strategies to a specified audience.

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Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

Running Head: PROJECT EXECUTION, CONTROL AND CLOSURE PROPOSAL

Project Execution, Control, and Closure Proposal
Name of student
Professor’s name
Course title
Date

1

PROJECT EXECUTION, CONTROL AND CLOSURE PROPOSAL

2

Summary
Planning is a crucial part of the success of any project to be successfully executed. Our
limited edition clothing line is scheduled to launch in July 2021, and in order for us to meet all
our deadlines, it is important for every team member in the project to follow the set plan and
ensure that the whole process takes place with minimal drawbacks and ensure that all challenges
are addressed promptly.
Challenges
Some of the challenges we might face during the execution of our project include:


Demand forecasting- Since this is a limited edition clothing line which we have never
done before, we have no existing records on the items and design types who have the
most demand. We don’t know the quantity to produce, the sizes and the colors that will
sell best, which may be a problem (Mehar, 2020). To address this, we can use
crowdsourcing to let the customers tell us what they want from the clothesline and work
with the information they provide.



Unforeseen business expenses- Expenses that we had not planned for may come up. To
combat this challenge, we will set aside some funds for any unplanned expenses to ensure
that unplanned expenses won’t be detrimental to the project and meeting our deadlines.



Rising costs of production- The cost of production is continuously increasing in the
clothing industry. It is possible that our estimated costs will vary from the actual market
co...


Anonymous
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