You work for a large manufacturing plant. You're in the Initiation process of a new project for an overseas product release. This is the company's first experience in the overseas market, and they hope to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the U.S. product uses. A new machine is needed in order to mix the first set of ingredients in the concentrated formula. Which of the following actions should the project manager take?
A. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend the project proceed.
B. The project manager should document the project's goals and known deliverables in a high-level overview document and assume the project is a go.
C. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend a feasibility study be performed.
D. The project manager should document the project's goals and known deliverables in a high-level overview document and deliver it to the stakeholders.
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You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information: Project Kansas City: The payback period is 27 months, and the IRR is 35 percent. Project Spokane: The payback period is 25 months, and the IRR is 32 percent. Which project should you recommend to the selection committee? A. Project Spokane because the payback period is shortest B. Project Kansas City because the IRR is highest C. Project Spokane because the IRR is lowest D. Project Kansas City because the payback period is longest ?
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Explain the Principals of Management
0 Answers Mahatma Gandhi University,
Design Patterns 
