Question: Project Initiation The Portfolio Project for this course is a practical example of your skills developed throughout the entire Master's course of study in project

Project Initiation
The Portfolio Project for this course is a practical example of your skills developed throughout the entire Master's course of study in project management. Module lecture information is a refresher for information you learned in the entire program of study, so you will not be able to simply use the modules to complete your portfolio project. It is strongly suggested that students use the PMBOK Guide as a resource during the development of the Portfolio Project. It is expected that you will revise and improve upon work completed each week culminating in a final Portfolio Project in Module 8. Review the Portfolio Project description, and grading rubric in Module 8. The Portfolio Project milestone shows your ability to apply your knowledge as if you were acting as a Project Manager in a professional setting.
You will develop, compile, and write important project documents for a service type project or a manufacturing product with an international component in a firm that you have selected. You must clearly detail the international component of your selected project. It may be that the project is executed in a country other than the United States, or that the supplier is hired from a company headquartered outside the United States. The company or organization can be one that you work for, one with which you are familiar, or one you find through research.
The project must be a real project, not yet started, and for delivery of a service or a product not yet manufactured. Service projects may include IT software development, healthcare delivery, or fundraising among many others. Manufactured products can include any type of tangible, physical product, such as a consumer product for sale, or a product used within another product among many others.
The project must be a new project that you will plan and must not be an existing project within the organization, nor one you have used in any previous courses in the program. Your instructor will use Turnitin to ensure all work is your own (20% match in Turnitin) for this section of this course. You must select a project that is complex enough to allow you to demonstrate an understanding of the learning objectives for this course, and that allows you to deliver on all the project management components required in this portfolio project.
Your assignment milestone is as follows:
Project Initiation:
Your project plan must include an introduction of the company and the scope of the project. Your project initiation portion of the portfolio project is to include an explanation of those inputs, tools, and techniques that result in a project charter, and stakeholder register. It is strongly suggested that you consult the PMBOK Guide(Project Management Institute, 2021) for further detail on the deliverables for this section of your Capstone Project.
Your milestone will consist of two parts: A milestone summary and project artifacts. It is recommended that you complete the project artifacts first, prior to writing the summary even though the summary will proceed the project artifacts. Furthermore, to optimize your time it is also recommended to create your project artifacts using any project templates that you may find on the Internet (the template format isnt the important thing, the content you place in the template is). Your milestone summary should be an executive style summation of the important facts or issues that you would like to raise to senior leadership out of all the details that you might find in the project artifacts.
What to turn in:
Part 1- Summation:
The summation should be based on the content you provide in Part 2. It is advisable to work on Part 2 before Part 1. The goal of the summation is to summarize the important data points in Part 2. The goal of Part 1 is not to repeat all of the information in Part 2.
Part 2 Appendices:
Project Statement of Work (SOW)- including the business need, product, service, or result scope description, and the strategic plan to show how the project aligns with the organization's vision, goals, and mission.
Project Charter - which will formally authorize the project and use of resources.
Business case - including information relative to the market demand, organizational need, customer request, technological advance, legal requirement, ecological impact, or social need.
Stakeholder analysis - including analysis of relationships, quantitative, and qualitative information regarding interests of the parties and documented in a power/interest grid, power/influence grid, influence/impact grid, or salience model.
Stakeholder register - including the identification information, assessment information, and stakeholder classification.
Procurement documents - including contract information for key stakeholders and suppliers, and supplier lists.
Project Scope Statement - including scope description, acceptance criteria, deliverable, exclusions, constraints, or assumptions.

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