OPS 571 Project management email assignment - Week 5 - 88541

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1. Project conception and initiation: Define project

An idea for a project will be carefully examined to determine whether or not it benefits the organization. During this phase the feasibility, risk involved and return of investment is actually analysed. This phase we are right now in and will require a detailed feasibility study before making the final investment decision.

2. Project planning

A project plan, project charter and/or project scope may be put in writing, outlining the work to be performed. During this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed. This is the next and most important phase.

3. Project execution

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