The Woolong Company produces high-end vacuum cleanersand has hired you to oversee the development and release of theirlatest product. A preliminary project initiation meeting willresult in the identification of the project sponsor, selection of aproject manager, and creation of the project charter. A manager inthe production department who knows you are taking a collegeproject management course asks you to prepare a report to help themprepare for the meeting by answering the following questions:
What are the expected results of theproject?
What value will the project add?
What is the potential impact to the company if theproject is not finished well?
