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Project Management Process Initiation

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Running head: PROJECT MANAGEMENT PROCESS 1

Project Management Process

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PROJECT MANAGEMENT PROCESS 2

Introduction

Information system and design is a complicated and simulating process in an organization

that is highly dependent upon by project managers and system analysts in development and

launch of a new project (Valacich, 2015). Project management is an essential process in the

development of new systems and approaches. G&E Company is preparing a bid to build a new

stadium, Greendale baseball, with 47,000 seats. The construction of the stadium begins on the 1st

of July 2011 and ends at the start of 2014 season. A penalty clause of $100,000 per day is

charged if the project is delayed after the date of the agreement. The project schedule plan,

however, proves that the construction of the new stadium will be completed before the start of

2014 season. This paper presents the scope and challenging phase of the development of new

stadium.

Scope of the project

Greendale is preparing to build a new baseball 47,000 seat stadium. The project is set to

begin on 1st of July, 2011 and must be completed in time for the start of the 2014 season. The

primary objective of this project is to be completed in time and under the stipulated costs.

Ideally, the contract specifies a penalty fee of $100,000 per day once the deadline has passed.

This fine represents the 5% of the anticipated profit from the project development by G&E

Company. According to Keith, the company’s president, the project will result in a net of $2

million. The project would also improve prospects of the company such as luxury boxes,

jumping boxes.

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Running head: PROJECT MANAGEMENT PROCESS Project Management Process 1 PROJECT MANAGEMENT PROCESS 2 Introduction Information system and design is a complicated and simulating process in an organization that is highly dependent upon by project managers and system analysts in development and launch of a new project (Valacich, 2015). Project management is an essential process in the development of new systems and approaches. G&E Company is preparing a bid to build a new stadium, Greendale baseball, with 47,000 seats. The construction of the stadium begins on the 1st of July 2011 and ends at the start of 2014 season. A penalty clause of $100,000 per day is charged if the project is delayed after the date of the agreement. The project schedule plan, however, proves that the construction of the new stadium will be completed before the start of 2014 season. This paper presents the scope and challenging phase of the development of new stadium. Scope of the project Greendale is preparing to build a new baseball 47,000 seat stadium. The project is set to begin on 1st of July, 2011 and must be completed in time for the start of the 2014 season. The primary objective of this project is to be completed in time and under the stipulated costs. Ideally, the contract specifies a penalty fee of $100,000 per day once the deadline has passed. This fine represents the 5% of the anticipated profit from the project development by G&E Company. According to Keith, the company’s president, the ...
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