Problem CaseYou are a senior project manager at Delphi Printers & Peripherals, a small electronics and computer peripheral manufacturer based in Santa Clara, California. You have been tasked with assembling and directing a product design team to develop a new and innovative consumer printer. Delphi has intelligence suggesting that a competitor is launching a printer with similar features and capabilities in 6 months, putting pressure on you and your team to develop a new printer that can compete effectively against the competitor's offering. Senior management expects you to release a new printer retaining rough parity with the competitor's new printer. The projected schedule allows you to ramp up manufacturing and marketing quickly enough to match the competitor's new printer profile with your own printer. The target budget supports a cost structure that will permit profit margins at a level roughly equivalent to those of the current printer. Market intelligence gathered on your competitor’s plans is considered reliable, so the target specifications for your new printer, required to retain parity with their new printer, are clearly defined, well understood, and expected to remain stable throughout the project. Management has indicated that scope, schedule and cost are of equal importance in a successful launch, and they have committed to providing stable access to1: The project is all about creating a new printer which will be a competition to their rival company. With all the recommended facilities it should be created and company will help with all the resources which the team needs to create it. 2: The main purpose of the project is to create a new printer with extra benefits , Creating a new printer is worth doing as it supports the company growth and also the team members individual growth. All the necessary needs are supported by the organization to help the team to fulfill the requirement in the given span of time. 3: The following are the project objectives: To create a new printer The new printer should give competition to other companies New printer should be created in short period of time Growth of organisation The new printer, fulfills the reliable growth goal of the firm 4: Team, should divide work equally as the time low so there is no scope of mistakes and taking extra time for work to complete. Every step should be pretty perfect to implement it. All the resources will be available in firm so they should know how to utilise it properly. 5: Task checklist to be maintained to complete it properly. There are milestones at every step in the process. To create a plan and to execute the vision and mission of it matters a lot in this project. 6: Highest risk in this project is time, there is a very less time to create a new printer but as the impossible word itself says im possible we have to make every impossible activity to possibility and complete it with more positive thoughts. 7: The project manager should follow certain activities: Always support the team Avail all the required resources Should pay more to them than usual Guide them when they require your knowledge 8: Soon after you complete the new printer it must be signed by the author with all the legal ocumentation so that you can move forward with the further proceedings.