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Corwin Corporation Analysis

EXECUTIVE SUMMARY The purpose of this of document is to analyze the factors that led to the Corwin’s project failure. Corwin Corporation’s relationship with a good customer, Peters Company was strained because of Corwin’s failure to follow their management policies. A fixed-price contract was signed without proper risk analysis, the was no evidence of a project plan and the situation was made worse by the lack of support from management. This report discusses the failures in project selection, lack of executive support and communication breakdown, all of which lead to the project being terminated by the client. INTRODUCTION Corwin Corporation accepted a project which was outside their scope of work from Peters Company to develop a specialty product. They accepted…