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Running Head: STRATEGIC PROGRAM MANAGEMENT PLAN – WK 3
Strategic Program Management Plan – WK 3
Leigh Lester Holmes
University of Phoenix
Strategic Program Management Plan – WK 3
In this paper, there will be a discussion of the status quo at Friar Tucker International. There will be a presention with the major need of the organization as expressed by the CEO, Ricardo Bellini, which is to design a project selection process. You will be introduced to the key team members. You will be given the recommendation for a project selection plan by the project manager, Leigh Holmes. Ms. Holmes will defend her reasons for making the recommendation and share what resources will be necessary to implement this plan.
Situation Analysis
In the University of Phoenix simulation entitled, “Selecting and Initiating Projects,” it states that Friar Tucker International is a hospitality services company (University of Phoenix, 2008). They manage 35 entertainment and cuisine establishments which include hotels, restaurants, sports and family entertainment complexes. The company generates over 300 million in annual revenue and they have an estimated 1,200 employees worldwide (University of Phoenix, 2008).
CEO, Ricardo Bellini, has been very successful with a few new projects that fit within the company’s core business. However, they have also taken on projects that are not within the company’s core business scope and they have proven to be more challenging. Mr. Bellini has decided to set up a project selection committee to assure that future projects fall within the company’s strategic objectives (University of Phoenix, 2008).
Friar Tucker Internatio ...