Project Management in a Global Context

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 1

Here is an illustrative sample, perhaps not perfect, but it will give you an assortment of ideas to build on.

First step is to always read and carefully follow the Assignment instructions and the Assignment specifications which build an outline with a table of contents. Go back to the Assignment instructions and make sure you are meeting the requirements, read the Assignment specifications again, and make sure you understand all components and that you are meeting them.

Your recommended course of action should consider the advantages/disadvantages of incorporating the XPRIZE vehicles into the existing program of launch vehicle assembly, establishing the XPRIZE vehicles into a standalone program or, establishing

a portfolio of XPRIZE vehicles.

Include your understanding of the situation and problem as it pertains to the mission of Space Systems Technologies, an analysis of each of the options with cited

references, a synthesized recommended course of action, and the evaluation of that conclusion from a source reference not already used in your analysis of the problem.

Objective of this Assignment is an analysis of your selected project with

recommended courses of action to problems or issues you found, and to present

the recommended courses of action-- to your VP on how to group the proposed

rocket assembly projects.

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 2

Unit 3 Ansari XPRIZE Program

Proposal STUDENT NAME

DATE, 2017

Professor – Dr. Tim Truitt

GM591 – Strategic Project Selection and Initiation

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 3

Table of Contents

Executive Summary 3

Project Overview 3

Incorporation into Existing SST Launch Vehicle Program 3

Creation of New SST Launch Vehicle Program 4

Creation of SST Launch Vehicle Portfolio Program 4

Recommendation and Course of Action 5

Conclusion 5

References 7

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 4

Executive Summary

Space System Technologies (SST) has a valuable strategy and superior ability to assemble

and provide organizations with completed launch vehicles, creates an added business value with the

potential to build strong partnerships within the aerospace industry. Scale Composites, founded by

Burt Rutan, focuses their business strategy on creating aerodynamic manned aircrafts further

advancing space exploration

l

Project Overview

Ansari XPRIZE competition encompasses the ingenuity and experimental drive to create

unimaginable visions into reality

Incorporation into Existing SST Launch Vehicle Program

By incorporating the XPRIZE program into an existing SST rocket assembly program

allows existing processes to be utilize eliminating the need for new operational development in

meeting the

client’s expectations. However, alignment of the XPRIZE program requirements may

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 5

Merging the program into an existing program will alleviate the need for additional

resources. Knowledgeable employees are costly valuable assets; therefore, utilizing existing

personnel creates a cost savings (Resch, 2011).

Creation of New SST Launch Vehicle Program

Establishing a new program can utilize the existing SST assembly processes; however

A new program approach will require new resources which could lead to increased costs for

it is critical to

investigate the value metrics the measure the projected outcomes for success (Resch, 2011).

Creation of SST Launch Vehicle Portfolio Program

SST’s creation of a portfolio program will provide an interdependent or directly-related

process (Project Management Institute, 2013). SST’s strategic goals

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 6

The benefits can be accurately measured through building a solid business case that justifies

the

Recommendation and Course of Action

The risk and

financial assessments,

(Project Management Institute, 2014). To develop the program effectively, it will

require

Conclusion

business value.

UNIT 3 ANSARI XPRIZE PROGRAM PROPOSAL 11

References

About us. (2017). Scaled Composites, LLC. Retrieved from http://www.scaled.com/about/

Ansari XPRIZE. (2017). Retrieved from http://space.xprize.org/

l

Project Management Institute. (2013). A guide to the project management body of knowledge

(PMBOK® Guide) (5th ed.). Newtown Square, PA: Project Management Institute (PMI).

Resch, M. (2011). Strategic project management transformation: Delivering maximum ROI &

sustainable business value. Fort Lauderdale, FL: J. Ross Publishing, Inc.