Following the project situation described in group assignment 1, Procter and Gamble (P&G) Ltd has asked you to develop a project team to assist you managing the project. You were also informed that 2 external contractors are involved in developing the watch enclosure (Norway-based) and packaging. In the meantime, the major shareholder of P&G Ltd was very interested in particular in this project and pledged more support to successfully completion. However, the monitoring watch must obtain FDA approval before providing it to the MedicAid administration, which is independent from the government final approval. The top-management has also asked for a quarterly EVA.

Questions:

1. Write a paragraph (100-150 words) describing the stages you must go through to develop the project team.
2. Which stage of the team development you will need to shorten the most? Explain?
3. What will be the optimum number of members required to maintain an efficient project team?
4. Develop a project communication plan using the 7 steps described in chapter 8, page 152. You may use charts and tables, as necessary, to identify the stakeholders from the information provided in the situation section above. In the communication plan, you will need to provide for each stakeholder the method and frequency of communication.
5. What does the EVA provide to the top management?
6. Using the same PV template table 10-1 in chapter 10, page 193, and the deliverables from group assignment 1, construct a project breakdown that would indicate a perfect project performance. In your conclusion suggest values of project CPI and SPI that reflect the perfect performance.