Propose a course project in Week 1. Here are the requirements for the course project:

Propose a course project in Week 1.

Here are the requirements for the course project:

1. The project should require a full-time professional (paid) project manager and apply multiple professional (paid) resources as well as other non-human resources, such as fixed costs and materials. Rationale: As the scope of the curriculum is on professionally managed projects, a project that only sets out to schedule individual work (a single work package) is not acceptable. Moreover, projects that use volunteers will not provide a basis for creating a budget or applying Earned Value concepts later in the course. All direct project resources will need an associated cost.
2. The project should fall within a budget range of $75,000 to $250,000 depending on prior student experience. Students with little or no experience will find it advantageous to select a project towards the lower end of the budget range. Rationale: Experience has shown that projects outside this range are either too light in scope or too complex for students to demonstrate application of the concepts. Essentially the purpose of this requirement is that we need to ensure that for much of the project lifecycle multiple activities will be ongoing in parallel and there is a fair degree of interaction amongst different project activities. This is more important than the dollar values. In addition, it is not desired that projects be extremely complicated (e.g. with thousands of activities) as this would create too much work for the return in learning.
3. The project should cover a single phase, life cycle (see Project Management Institute 2013, sec. 2.4) from starting the project through closing. Please note that a project life cycle is not the same as process groups. Rationale: Students need to demonstrate the ability to initiate, plan, execute, and close a project throughout the life cycle.
4. The project should be created from scratch and not copy an existing or past project. 
5. The project can be imaginary or based on a real project idea, but it must be realistic and within the scope and budget guidelines listed