Managing+It+projects+assignemnt+2

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School

Chamberlain University College of Nursing *

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Course

242

Subject

Management

Date

Jun 23, 2024

Type

docx

Pages

3

Uploaded by DeaconGoosePerson571

Jessica Nkansah Professor Jackson Managing IT Projects 01/25/2024 1. Might it not make sense to include at least a few of the more promising new product projects in their portfolio? Including new projects might be tempting for Decor Cabinet Company, but their primary focus on achieving 100 percent on-time delivery is crucial. While these new projects may seem profitable, the company's specific goal requires a dedicated and straightforward approach to avoid potential issues. Adding new projects could complicate things and strain resources, risking the company's commitment to timely deliveries. It's important to find a balance between customer requests for new products and maintaining on-time delivery, as a surge in demand for these projects could harm overall delivery performance. Therefore, the company must carefully weigh the pros and cons, ensuring that any new additions to the portfolio align with their main goal of securing long-term customer loyalty through on-time delivery. 2. If ROI isn’t the big picture, what do you think is? While ROI is an important metric, the bigger picture for Decor Cabinet Company involves a holistic view encompassing factors beyond immediate financial returns. Long-term success is tied to customer loyalty and satisfaction, which is achieved through the strategic goal of 100 percent on-time delivery. The big picture includes building a brand reputation for reliability and trustworthiness, fostering positive relationships with customers, and creating added value that enhances overall profitability. Operational efficiency and market leadership are integral components, reflecting a commitment to sustained success, employee morale, and effective project management practices. Ultimately, the company's big picture revolves around a comprehensive approach that prioritizes customer relationships, brand integrity, and overall business resilience over solely financial considerations like ROI.
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