MS Project

Dear Mr. Garner,

         After our recent conversation of considering MS project for our current acquisition process, I have cautiously analyzed and researched it. 

       Our company is going through a major acquisition process by XYZ Bank. XYZ Bank Fund Services has acquired our hedge fund administration business. XYZ Bank now will benefit by expanding internationally at the London Headquarters and in the Cayman Islands.  This major acquisition from December last year has influenced major changes for our offices abroad and our local offices in New Jersey. XYZ Bank total investment in infrastructure and software development totals $15 million.  These major IT management infrastructure decisions and Project management decisions needs to be accompanied by a project management software that will add value to our infrastructure and software development through our acquisition process.

     M.S. Project certainly addresses all of our needs in terms of planning, testing, and going live. Project managers can facilitate this software acquisition by organizing, planning and developing projects. MS Project offers a unique software that helps them to create a time-line for the project. In addition, it gives the tool for the project manager to easily add cost and working hours in certain schedules that are needed to complete different tasks. Our recent acquisition by a major Bank required us to always make our deadlines and always be time efficient, as well as run statistics of duration of project and cost of project. Microsoft Project includes tools that help analyze and give statistics on the duration of the project and to when to expect our project to be culminated. Our acquisition project includes tasks of software proposal, infrastructure planning, software and hardware development, staff training and launching of software.

      The following screen is an example of how a project breakdown would look by attempting to all of our tasks for the recent acquisition. The Gantt chart shown in the screen shot will help project managers to input costs, time schedules, working hours, etc. In addition, Project managers can use the Project Statistics chart to have a summary of what they expect from the project.

         The cost of Microsoft Project is $1,159. We currently hold six project managers that are currently working in London, Cayman Islands, New Jersey, New York, California and Wisconsin. The total investment for using MS Project will be our current project managers would be of $11,590 + tax this total cost will include our 6 project manager plus our 4 board of directors that will need the software to review the project.

In conclusion, MS Project has been used broadly for civil engineering projects, manufacturing projects, cost allocation management projects etc. This investment will add value and efficiency to our recent acquisition process by keeping connected our project managers with our IT and support department followed by future building infrastructure planning.