Project Management – product launch draft

You work for Lawrence Management firm, a fortune 500 company. Your task is to present a rough draft, a word document is fine, of a product of your choosing. You are to include the audience in which this product will be sold to, the price it is to be sold for, the price it costs you to make it, the timeline to make the product, launching deadline, and determine the pros and cons of the 5 process groups: initiating, planning, executing, monitoring and controlling and closing of said product. In addition, you are to identify the requirements you need in order to make your product.**** My product idea: USB flash drive wristbands for school systems. Students may use these waterproof bands to finish class projects at home, to transfer files, download study guides for home use and parents may track students progress.

Required reference:

http://ieclub.ir/newforum/index.php?app=core&module=attach&section=attach&attach_id=2451

-A Guide to the Project Management Body of Knowledge: PMBOK(R) Guide [Paperback]
Project Management Institute.
ISBN: 978-1-933890-51-7. Free version of book can be viewed from the above link. Only chapters 1 & 2 for reference.