Friday, October 16, 2009

Project Environment Appraisal

Hello Guys,


I have given the opportunities below


1. It is assumed we know the market already and so we know the market very well (maybe the competirors have products of low standards, then it will mean that our Profit margins will be high.


2. It also gives us the opportunity to incorporate new applications that was not there in previous versions or in any of our competitors own verssion of iPod.


3, In addition to the above, it is an opportunity to launch the iPod in difrrent launguages, this will mean that the product could be exported overseas


And here are the Strengths



1. Our iPod will be a have a better product life span, durable than any of our competitors
2. Another strength is in the staff experience in the project team
3. Another strenth is the fact that we have a great customer service team, we could actually hep deliver prodcts at the customers houses.
4. We can also count our having all the necessary legal documents, accreditations , licenses as a strength


Now to the weaknesses, lets see

1. Does the phone fulfill corporate duties or is it just an entertainment system.


2. Missing features can also be a weakness (explainng this further, a competitor can come up with a product that has all of the feature of our iPhone and then have an additional feature like 3G for example)


3. High Price can also be a weakness, seeing the amount of resources put into the project team, the price of the ipone may end up soley for the elites. This is not good enough.


Finally, for the Threats


As far as the project is concerned and one of the opportunitty is increase in the knowledge of the Project team, this could also pose a threat as retention of key staff becomes a major concern.
Explaining further is the fact that most often, companies tend to lose their staff after a major project like ths is launched. Competitors just give them offers they cant refuse and off they go!


Another threat I see here is enviromental factors, though external but indeed, it cannot be overlooked. While bigger competitors may survive environmental disasters, the same cannot be said of smaller firms


The ipod launch may also likely to be threated by the time it is launched. Most of these gadgets may do well in one season like christmas than another. so the Market demand here is seasonal and this could really pose a severe threat.


Fourthly, our ipod launch could well be vulnerable to attacks from other major competitors-Yes such stuffs do happen in the business world and this could really pose a major threat. A major competitor can wait till after the launch and then capitalise on the possible drawbacks of our ipod and then come up with a better ipod product.


Yet anotherr threat to the iPod launch could be a legislation issue. This could arise from copyright infrigments to project team protests, etc
Sixtly, Possible negative publicity could be a threat.


Great work guys¬!"!

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