This website uses cookies to ensure you have the best experience. Learn more

Project Status Report

1093 words - 4 pages

Starting and managing a business takes motivation and talent. It also takes research and planning. Although initial mistakes are not always fatal, it takes extra skill, discipline, and hard work to regain the advantage. Take time beforehand to explore and evaluate your business and personal goals, then use this information to build a comprehensive and thoughtful business plan that will help you reach these goals. The following paper will elaborate on the business strategy of Jingles Resume Writing Services. You will read about the business' mid-project status, as well as its incremental and project-to-date variances. You will also read about the cause and potential corrective actions.

Project Status Report
Jingles Resume Writing Services
For the past five years, I have been considering creating my very own business. The business that I have been contemplating on exploring is the resume writing business. The reason that I have been contemplating on venturing into this business is because not only am I an excellent resume/cover letter writer, but for other reasons which include:
*Financial independence
*Creative freedom
*Full use of personal skills and knowledge
I came to this realization after I began to think about what it was that I wanted to do with my spare time. I knew that I had many talents that were yet to be explored, but I just could not pin-point what it was that I was good at. So I began to ask myself the following questions:
*What do I like to do with my time?
*What technical skills have I learned or developed?
*What do others say I am good at?
*Will I have the support of my family?
*How much time do I have to run a successful business?
*Do I have any hobbies or interests that are marketable?
Next, I began to do some realistic thinking as far as what exactly it was that I wanted to do. I knew that I had many talents, but was there one talent that I could potentially capitalize on? Hence, I asked myself the following questions:
*What business am I interested in starting?
*What services or products will I sell?
*Is my idea practical, and will it fill a need?
*What is my competition?
*What is my business's advantage over existing firms?
*Can I deliver a better quality service?
*Can I create a demand for my business?

The final list of questions I asked myself were the following:
*What skills and experience do I bring to the business?
*How will my company's business records be maintained?
*What equipment or supplies will I need?
*How will I compensate myself?
*What are my resources?
*What financing will I need?
*Where will my business be located?
*What will I name my business?

Shortly after generating this list, I realized that my talent in resume and cover letter writing was certainly a great first start at owning my own business. I allotted myself a month (four weeks) to accomplish this goal, for it is going to begin as a home-based business. Once it expands, I will consider location and other...

Find Another Essay On Project Status Report

An Overview of Evaluating and Terminating a Project

1241 words - 5 pages contains: an introduction, current status, future project status, critical management issues, risk analysis and risk management, and final comments. Overall, the audit report is a professional document focused on finding differences between the plan and current status. Project termination will eventually happen in any project but the manner of doing so may differ. There are four main types of project termination: extinction, addition

Project Management Essay

1051 words - 5 pages phase carries the longest duration of all the phases of the project life cycle. The final phase of the project life cycle is called the closure phase, the project manager will ensure that the project is complete by verifying that the objectives established during the first two phases of the project life cycle are complete, after the verification of completion is complete the manager will process a formal project completion report for submission

Project Management Paper

1009 words - 4 pages the manager will process a formal project completion report for submission to the client(s), from that point the client(s) will examine the project by ensuring that the initial requirements were met for final approval.Project ManagementIt is important for organizations to use project management to accomplish tasks. This is a sure way for them to keep track and monitor the project avoiding any interruptions of the project in progress, which will

Project Management Plan

4159 words - 17 pages Deliverable Name Initiation Project Charter Kick Off Meeting Minutes Scope Statement Planning Scope Statement Work Breakdown Structure Gantt Chart Organizational Chart Risk Assignment Matrix Summary Budget Risk Management Plan Controlling Milestone Report Change Requests Weekly Status Reports Weekly Team Meeting Minutes Closing Lessons Learned 1.6 list of definitions and

Kudler Fine Foods – Coupon Project

1240 words - 5 pages project back on course. The conversation with Ms. Kudler explained her desire to "gain improved activity on promotional products and determine the effectiveness of private label coupons" (Service Request SR-kf-001, 2008).The objective of this project plan narrative report is to ensure a solid understanding of the actions Team C has taken in updating the project plan and to ensure the project plan will stay on schedule. Team C has examined the

Project Planning and Human Capital

2036 words - 8 pages drawbacks. The project manager must identify the small issues and report them on time, because it can lead to bigger problems for the project; for example, exceeding budget, and safety concerns that can delay the project. Addressing the correct problems on time is an important part of risk management. Of course, the main idea of risk management is to avoid any risk whenever possible.Project status informationIt is crucial to update all

Project Cost Management Approach

1813 words - 7 pages Management Plan: • Identifies who is responsible for managing costs • Identifies who has the authority to approve changes to the project or its budget • How cost performance is quantitatively measured and reported upon • Report formats, frequency and to whom they are presented The Project Manager will be responsible for managing and reporting on the project’s cost throughout the duration of the project. During the monthly project status meeting, the

The Requirements for Verizon FIOS Fiber Optic Cable Management Plan

540 words - 3 pages appropriate individual will use in order to track and report the status of each of their requirements. All requirements will then be added to the project requirements checklist. This checklist should be completed prior to the project closure acceptance done by the project sponsor. Ongoing Requirements Management: During the project, the project manager is held responsible to ensure and assist all team members with reporting requirement status. They

Project Management Services

1902 words - 8 pages Management propose the following services for projects where the design process has been completed. Please refer to, Section 1. ‘Project Management Services For A New Project', which provides the details for the following items: - 1.1.1 Review of project documents to date and submission of a project status report - 1.1.3 Review the implementation strategy, develop the contracting strategy and modify the master program as

Project Management

1165 words - 5 pages less time consuming to execute following a predetermined plan than trying to “reinvent the wheel” at this stage. During the Execution phase the project manager must now focus on time management, quality assurance, risk monitoring, keeping team members on task and provide project status updates to top level management and other stakeholders. The project manager must interact daily and have a “hands on approach” in order for this phase to be

Skills and Certification Design and Implementation Project

1992 words - 8 pages included on the circulation list:* Project Liaison* Accountant* Prospective Customers* Project Team MembersThe Overall Progress report will include the following generic format. This information is required for the project manager to come up with the various reports that will me sent out to stakeholders.* Report Date* Project Status* Project Summary* Key Issues* Identified Risks* Tasks and Next Steps* Decisions Required* Key Future Dates* Budgeted

Similar Essays

Nation Status Report Project: Venezuela

1071 words - 5 pages Venezuela, officially the Bolivarian Republic of, is a medium-sized country located in Northern South America. The current population is 28,868,486; a 1.42 percent increase from last year. It gained full independence from Spain under the leadership of Simon Bolivar in 1821 after fighting for over a decade. Border disputes with neighboring Guyana soon erupted in the 1840’s, and though never leading to official warfare, remain an issue today

Project Management, Defining Project Management, The Phases Of A Project Cycle

1251 words - 5 pages Project Execution and Control Phase include; "…project plan implementation, assessment of metrics and status reports, and change control processes..," (Visitask, 2008, p. 3). Facilitating processes during this phase may include "…quality assurance and control, performance monitoring, status reporting, project administration, risk monitoring and control, scope control, schedule and cost control, and contract administration," (Visitask

Project Auditing Is Evaluating The Stages During The Life Cycle Of A Project

1129 words - 5 pages will be compared against similar projects that have been conducted or benchmarked. Establishing an audit database which requires gathering an assessment of how the project is doing by inputting the information and determining how the areas of cost performance, output quality and the current project status are doing. The preliminary analysis of the project will inform the project manager of the findings before the report is released. The audit

Project Deliverable Essay

602 words - 2 pages for the controlled tasks to be monitored for each step of the project on its critical path and will allow no slack. A majority of our tasks fall on the critical path. Our project needs to be well managed to make sure the project is not delayed by task going over the set schedule. As long as the project stays on target the critical path will not change.13. Status Reports: Given weekly by the Project Coordinator to the Project Manager and on up the