Project Screening MatrixCriteriaWeightProject 1Project 2Project 3Project 4Project 5Strongsponsor2.093613Supportsbusinessstrategy5.0578010Urgency4.022251010% ofsales fromnew products3.00O3101Competition1.025668gapFill market3.051890Weightedtotal 7. The Custom Bike Company has set up a weighted scoring matrix for evaluation ofpotential projects. Below are five projects under consideration.a. Using the scoring matrix in the following chart, which project would you ratehighest? Lowest?b. If the weight for "Strong Sponsor" is changed from 2.0 to 5.0, will the projectselection change? What are the three highest weighted project scores with thisnew weight?c. Why is it important that the weights mirror critical strategic factors?

Input data: Here, there are a total of five projects, There are a total of 6 criteria, and each…

Answered: 7. The Custom Bike Company has set up a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Similar questions

Critically assess and comment on the success of the project from the following viewpoints: This is reference to the construction of a new bridge that the old one had collapse that joins a commuity to the nearby towns. This is a Project management course so please give answer in detail Level or degree of alignment of end results and outcomes to the organization’s strategic goals. Level of success in the management of the triple constraints of time, cost, and scope. Level or degree of customer/user satisfaction of results and outcomes Value created for the organization.
In which phase of the project life cycle should the project success criteria be determined? a. Project goal definition b. Project planning c. Project execution d. Project evaluation
Describe with the aid of a sketch, an outline of a typical project risk record template. Include within the template an example of the data it might contain.
Three separate project options are identified using the decision tree framework. What are these other options? What, in your opinion, is the most effective strategy to address the issues with data collecting and decision-making?
Which company to be selected for project execution consiering the weighting factor for each criterion given in the attached table? show all your calculations?
Select a project in Ghana, say Ghana’s National Health Insurance or planting for food and jobs, and specify the following along the Result Chain. 1. The project output(s), outcome(s), and the impact (Goal)2. Provide the indicator(s) for measuring the output(s), outcome(s), and impact, and define the various indicators used. 3. List/show the baseline, target, means of verification, frequency and responsibility under the resulting chain ie input(s), output(s), outcome(s), and impact.Below is the operational definition for some key terms in the assignment. Impact (Goal): The ultimate goal or change that the project or program aims to achieve.Outcomes: The specific changes or benefits that are expected to result from the project’s activities.Outputs: The tangible products, services, or goods that result from project activities.• Indicator: These are measurable signs of change or progress which are used to assess whether the project is achieving its outcomes and outputs. • Indicator…
if we select a project with expected high pay back when this criterion is included in the selection process then this is a : Option- a.Risk. b. Top management pressure. c. Opportunity. d. Cost.
The chart below shows the initial investment and expected yearly payback for Project A and Project B Project A Project B Initial Investment $ 300,000 $ 450,000 Expected Yearly PayBack $ 45,000 $ 90,000 For Project A, There has been a change in the expected yearly payback. Years 1 and 2 – you are expecting $45,000 each year. For the next three years, you are expecting $70,000 each year. What would be the average ROI for this alternative?
Hi can you find me 5 positives risks following the requirements . Use the probability/impact matrix and place all risks there For 5 risks, from different boxes, explain in detail why you think they have that level of probability and impact on the project. (use 1-2 slides) • Response strategies and specific response actions• Use the simplified risk register provided in the lecture and seminar• For 5 risks, propose a response strategy AND specific response actions for each of these. here is the work i have already done so you can follow. Thanks in advance
Discuss the role of sustainability analysis in project evaluation. How can projects be assessed for their environmental and social impacts alongside financial considerations?
III. Risks and Feasibility This section of your report identifies risks and confirms the feasibility of the information systems development project. Project feasibility analysis verifies whether a project may be started and successfully completed. Your report should address the feasibility issues listed below. Start by clearly describing what issues are addressed by each feasibility category (see the relevant definitions in the textbook), and discuss the feasibility of the project with respect to each category. Determine organizational and cultural feasibility. This evaluates organizational and cultural issues to identify potential risks for the new system. See pp. 269–270 of the textbook for examples of potential issues.Note: the textbook does not provide an exhaustive list of possibilities!Note: ‘organization’ in this context refers to the Car Sharing community—all stakeholders, but particularly members and prospective members. Assess technological feasibility. See p. 270 of the…
Projects can range from very small individual ones, with no direct cost, to major multi-million- pound ones. This assessment tests the knowledge and skills you have developed throughout the module in relation to different projects. The Marble Arch Mound is a project that was commissioned by Westminster City Council and opened on 26 July 2021. The project is considered to have been a ‘failure’ for various reasons. Provide an academic report that identifies some of the reasons that the project might be considered a failure. Make some recommendations that might mitigate these reasons, and ensure success, for future projects that they undertake

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