Assignment 1

Assignment #1 – Project Prioritization PROJ-1002 PROJE CT MANAGEMENT PLAN AND ESTIMATE

Project Management Planning and Estimating – Assignment #1: Project Prioritization PROJECT PRIORITY EVALUATION FORM Must objectives Must meet if impacts 1 2 3 4 5 6 7 Meets all legal, safety and environmental standards Y = yes N = no N/A = not applicable Y Y N Y Y Y Y PG or lower advisory rating Y = yes N = no N/A = not applicable Y Y N Y Y Y Y No adverse effect on other operations Y = yes N = no N/A = not applicable Y Y Y Y Y Y N Want objectives Relative Importance 1-100 Single project impact definitions Weighted Score Weighted Score Weighted Score Weighted Score Weighted Score Weighted Score Weighted Score Be nominated for best picture of the year 60 0 = No potential 1 = Low potential 2 = High potential 60 120 0 60 60 120 60 Generate additional merchandise 10 0 = No potential 1 = Low potential 2 = High potential 10 20 20 20 0 20 0 Raise environmental concerns 55 0 = No potential 1 = Low potential 2 = High potential 0 55 55 110 0 110 110 Generate profit greater than 18% 70 0 = 18% 1 = 18 – 22% 2 = 22% 70 0 70 140 0 70 70 Advance state of film animation 40 0 = No impact 1 = Some impact 2 = High impact 40 40 0 80 0 80 0 Provide basis for new theme ride 10 0 = No potential 1 = Low potential 2 = High potential 0 10 0 20 0 20 0 Total weighted score 180 245 145 430 60 420 240 Priority 4 3 N/A 1 5 2 N/A 1

Project Management Planning and Estimating – Assignment #1: Project Prioritization will raise environmental awareness of wildlife to the general public. The estimated profit for this film is 18.8%. This film can easily be developed into 3D, 4D or real-life animation. And this film is developed by integrating actual footage of the whale within a realistic animated environment using state-of-the art computer imagery. As the theme is clear, it has the potential to develop into a theme park, aquarium or waterpark. Project 2: Heidi The film Heidi is recommended to be further developed with low priority. This film features the Swiss Alps which scenery in the movie will lead to a high potential of winning the Best Picture of the Year. CDs and albums can easily be developed as merchandise as the music is written by award-winning composers. This film may raise environmental issues and concerns as searching the Swiss Alps may lead to articles related to environmental issues. The estimated profit for this film is 17.6% missing 0.4% from the 18% profit. However, as it features top-name stars, the marketing strategy may change the profit to increase. This film can easily be made with advanced animation technics and further developed into 3D animation. As it is a folk tale-based storyline, it might be an innovative theme park, however, there still is a potential to be developed into a theme park or spa resort. Project 1: My Life with Dalai Lama Project 1: My Life with Dalai Lama is recommended for further development with low priority. The film is taking place in Tibet, Nepal. The film will have great scenery so there is a chance of it being nominated for Best Picture of the Year. Merchandise may be developed as an animated 3

Project Management Planning and Estimating – Assignment #1: Project Prioritization game based on the storyline, and possibly dolls or other merchandise can be developed. This film does not focus on any environmental factors and therefore it will not raise any public consciousness about environmental issues and concerns. The estimated profit is 20.2%. There is a possibility of this film being developed using 3D technics. The development of a theme park may be difficult as it is a very specific setting and as it features a specific religion (Buddhism), a theme park is not appropriate. Project 5: Nadia! The film Nadia! Is not recommended to be further developed. The Naida! meets all the “Must Objective” criteria. However, it only meets only one “Want Objective”. This film may have a possibility of winning the Best Picture of the Year award as it is featuring a gold medal-winning gymnast. Merchandise may be developed but it will not be eye-catching merchandise, therefore merchandise revenue may be low. This film does not contain any environmental factors, therefore it will not raise any public consciousness about environmental issues and not meet the stakeholder’s expectations. The estimated profit for this film is 17.9%. This film is difficult to use any advanced animation film technics. And last of all, the development of theme parks is not possible as the film features a specific individual and the development may face legal issues. Project 3: The Year of the Echo Project 3: The Year of the Echo is not recommended. This film does not meet two of the “Must Objectives”. This film will not be PG or P rated as contains nudity and drug use. This movie will not meet the legal and safety standards. 4

Project Management Planning and Estimating – Assignment #1: Project Prioritization the resources. The senior management can use this strategy to prioritize the projects to direct the organization to a brighter future and to set a culture of commitment and collaboration. 6