Ethics Reflection

Dear: Wendell Deirelein, I believe a great project for our company to invest in would be the Palomino project. The reason why I think this will be a great project for the company is because of three things.
The first thing which makes this project a good option is the medium risk of completion. This means that the company can complete this project with low cost and completion time to get on the market to sell. The longer it takes your project to get completed the more money that is begin spent. The second reason that this project is good, because the ROI. The rate of return is income received from the security plus realized capital gains, and this will be at a constant $450,000 for a period of 5 years. With a constant increase for 5 years will look good from a company’s sales standpoint. The third reason for the choice of this project is life of the project. This project has a seven year forecast which is good for a projects life.
In order to impalement the Palomino project, there are five phases that must be done, which are initiation, planning, execution, monitor and control, and project close. Each of these steps are important for the successful launch of the new project.
In initiation phase, you’ll get the project team members assigned, brief them on the overall project goals and ask the client or project owner as many questions as possible so you can plan the project efficiently. This is also a good time to build moral around the construction of the project. Next will be the planning phase, at this point there should be a clear project plan in place. Using a project-planning program such as Microsoft Project or Base camp is extremely helpful when planning a project. If you don’t have access to one of these programs, do a general search online for free project planning software. Thirdly is the execution phase this is when the work actually begins but before it starts ensuring that everyone has what is needed to begin executing there portion of…

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