PRM301-SLP1

Module 1 – SLP

PROJECT SELECTION AND INITIATION

Project Feasibility Assessment

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An organization often undertakes an initial study to determine if a new project can support the organization’s goals and mission. You will create a research-backed feasibility study in support of the viability of your project.

Project Assessment

The Assessment will be comprised of four sections. Specific research requirements are delineated for each component.

Project Description (1/2 page)

Explain the project in simple terms. The description should include its proposed purpose and information about the organization where the project will be supported (location, industry, size). The organization does not have to be real. It may be fictional, but all research support in future sections must assume it is “real.”

Market and Competition (1 page)

Identify your end users inside and outside of the organization. What group(s) will the completed project serve? Research is required to back-up your selection and to provide statistics to show that it is a viable market.

Analyze the competition, especially the largest players. Consider the size of the market and how many competitors control the majority of the market.

Research in this section MUST include some content listed under Module 1 Assignment Resources.

Technical and Resource Requirements (1/2 page)

For this section, include information on what categories of expenditures are required such as labor, training, technology, capital expenses, or supplies. Explain the rationale for the costs, do basic research, and provide cost estimates.

Internet research is acceptable.

Recommendations (1/2 page)

Based on what you presented in the first three sections, explain how this project is deemed to be viable.

Be sure to support your analysis with research.

Effective academic and research writing requires a 3rd person voice. This SLP must be written in 3rd person. Do not use any quotations. Refer to yourself in third-person as “project manager” or write about what the “project team” will do, rather than saying “I” and “we.”

SLP Assignment Expectations

Your submission will include:

  • Trident University International’s cover page
  • A 2 ½ -page paper with APA citations (2- to 3-sentence introduction, body, and 2- to 3-sentence conclusion)
  • The reference list page in APA format
 
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