BUS 517 Assignment 1

Write a seven to eight (8) page paper in which you:1. Recommend a project portfolio management method for your selected project. Provide a rationalefor your recommendation. Note: Be sure to align your project with the strategic efforts of theorganization.2. Create an outline of an executive summary that includes the type of problem, requirements, andproposed business problem solutions.3. State the vision and the goal of the project. Note: Be sure that the goals are Specific,Measurable, Attainable, Realistic, and Timely (S.M.A.R.T.).4. Determine five (5) major deliverables of the project, and explain the importance of each majordeliverable.5. Provide the timeframe for delivering the solution to the project.6. Create a table which contains the generic resources, including people, equipment, and materialsneeded to undertake the project. Note: These are only generic figures to give the ProjectSponsor an idea of the level of resourcing required to finish the project.7. Estimate the total budget for the project based on the cost of the resources specified in the tablethat you have created. Next, add contingency and any other additional costs (e.g., intangiblecosts, the cost of a change in culture or process within the business, etc.).Support your response.8. Determine the key success criteria for your project. Provide a rationale to support your response.9. Assume that your project is delivered on time, within scope, and budget. Justify yourstakeholders’ satisfactory level with three (3) key success criteria, against which the project willbe measured.10. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websitesdo not qualify as quality resources.11. Must be ORIGINALAgain, any details missing to meet the above 10 requirements that are not in Steves Waffle Business Plan can be made up as long as they agree with the other details.Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on allsides; citations and references must follow APA or school-specific format. Check with yourprofessor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’sname, the course title, and the date. The cover page and the reference page are not included inthe required assignment page length.