Project Initiation Essay Example | Topics and Well Written Essays - 250 words

Project Initiation - Essay Example * Objectives. The Room Sized Plastic containers to be launched in the market within 9 months. Primarily it is expected to increase the company’s market presence by 50 % by the third year. However, this product will be a foundation for add-on products, and further revenue generation * Clear Statement of What This Project Will Not Include As the company is already involved in similar products and as the company has the injection mould of the required size, the Project will not include major Capital investment. * Major Known Risks The largest risk in the implementation of the project is its market competence. It must be noted that there is a similar product which has secured ample market presence. This would affect the quantum of sale resultantly delaying the achievement of breakeven. However, the fact that the new product won’t involve high increase in production cost would ensure that the product would easily survive the market establishment phase and resultantly bring in revenue for Winston Manufacturing Company. *External Dependencies The projects will involve and extra 10% of Human Resource. This could be utilized from other departments. 10 new laborers will have to be appointed to the production team. Other human resources may be tapped from the existing staff strength. The project would demand extensive cooperation amongst various departments. All the stakeholders of the project * Project Strategy The Company will use the existing injection mould to produce Room Size containers. The existing sources of inputs will be utilized. The project would attain break even earlier, as the new product won’t involve much of capital investment in terms of production line, resulting in early returns. This must be read together with the fact that the company can use the already existing production system for the new

Technology Social Media Social Apps Music Assignment

Technology Social Media Social Apps Music - Assignment Example MixPod is a music application that lets you create and embed your own playlist on Facebook profile. Music selection can be viewed at the MixPod site where you can choose among a large number of playlist styles. This also requires a MixPod account to set-up, thus you have to create one (http://mashable.com/2009/11/10/music-facebook-applications/). Music Challenge is a very popular music trivia application to have almost 3.4 million monthly users who are active. It is one of the best ways to put your knowledge of music into a challenge. This will let you and the other players answer the trivia of identifying the song based on the audio player (http://mashable.com/2009/11/10/music-facebook-applications/). My Band is another famous music application tool in Facebook that is promotional in nature. It aims to enhance your page in Facebook providing information about gig schedules, mailing lists, music sales and analytics who are listening and sharing your uploaded tunes (http://mashable.com/2009/11/10/music-facebook-applications/). Share Song is a simple yet effective music application that helps you find and share music easily. It allows the users to search, listen and share tracks. If the track exists in Grooveshark database, the users can post it to their profile and share it with their friends (http://mashable.com/2009/11/10/music-facebook-applications/). Tinysong is powered by Grooveshark’s P2P music sharing service which offers the users an enormous library of the song to choose from which can be shared through Twitter.  Twt.fm is another famous music application for Twitter users that allows you to connect to your twitter account and let you recreate your page to store your playlists, background, and avatar through an OAuth.  Ã‚