What This Document Is
This is Marcus Howard’s second assessment for FPX 5018, Project Management Foundations at Capella University. It’s a Project Management Plan outlining a marketing strategy for Cosmo, Inc.’s wearable technology. The plan details the project’s objectives, approach, and initial planning phases.
Why This Document Matters
This assignment is intended for students enrolled in the FPX 5018 course. It demonstrates the application of project management principles to a real-world business scenario. It serves as a deliverable showcasing the student’s understanding of project charter creation, scope definition, and initial planning activities.
Common Limitations or Challenges
This document represents an early stage in the project lifecycle. It focuses on initiation and planning and does *not* include completed risk assessments, detailed budget execution, or project closure reports. It is a student work product and may not reflect a fully-developed, production-ready project plan.
What This Document Provides
The document includes a Project Charter outlining the project’s start and finish dates, budget ($150,000), and key stakeholders. It also presents the business need for the project – maintaining and increasing Cosmo, Inc.’s market share in the wearable technology sector. The document details project objectives (e.g., a 20% production increase) and the proposed approach utilizing PMBOK and Agile/SCRUM methodologies. The preview shows the beginning of the Planning phase, referencing the use of C.L.E.A.R. and project management software. This preview *does not* include the Executive Summary, Work Breakdown Structure, full Project Management Cost/Budget, Schedule, Risk Management Plan, Project Closeout, or Appendices.