Evaluate both Project A and Project B. using the following :

• The steps in project selection are to:
  • Develop a set of criteria against which the opportunity will be evaluated. For example
• The steps in project selection are to:
  • Develop a set of criteria against which the opportunity will be evaluated. For example

Evaluate both Project A and Project B. using the following :

• The steps in project selection are to:
  • Develop a set of criteria against which the opportunity will be evaluated. For example:
    • Alignment with company goals
    • Anticipated sales volume
    • Increase in market share
    • Establishment of new markets
    • Anticipated retail price
    • Investment required
    • Estimated manufacturing cost per unit
    • Technology development required
    • Return on investment
    • Human resources impact
    • Public reaction
    • Competitors’ reaction
    • Expected time frame
    • Regulatory approval
    • Risks

Choose at least 5 criterion (minimum). ( you can tabulate )

Criterion	Project A	Project B
1)     Return on Investment
2)     Risks.. etc

• List assumptions that will be used as the basis for each opportunity.
  • For example, if one opportunity is to build an on-site day care center for children and elderly relatives of company employees, one assumption might be that the company would be able to obtain a bank loan to build such a center.

Project	Assumptions
Project A
Project B

• Gather data and information for each opportunity to help ensure an intelligent decision regarding project selection.
  • For example, it may be necessary to gather some preliminary financial estimates associated with each opportunity, such as estimated revenue projections and implementation and operating costs.
  • In addition to gathering hard data, it may also be necessary to obtain other information such as responses from various stakeholders who would be affected by the opportunity.
• Evaluate each opportunity against the criteria.
  • Once all the data and information has been collected, analyzed, and summarized for each opportunity, it should be given to all the individuals who are responsible for performing the evaluation. It is beneficial to have several individuals participating in the evaluation and selection decision in order to get various viewpoints.

Question 2 (55)

Task 1 (20)

Develop a project proposal for the Project that you have selected either A or B.. this can be motivated from Question 1 above as to why you chose the project. (remember that this proposal will be submitted to the Client/Customer from your team/company)

[hint] – I would design a company /team name and logo,so that it also looks professional, this can be used on all your documentation for this project

The proposal contains 3 sections (follow the rubric on the assignment brief)

Technical

Management

Cost

Task 2 (20)

Project Charter

(follow the rubric to get an idea of what goes into the charter, also look at some Project charter examples online)

Task 3(15)

Create a WBS

Question 3 (20)

Gantt Chart  –

(I will set up a lab session when we meet next so we can tackle this question and task 3 from question 2)

Question 4 (15)

Reports

Task 1  – Project constraint report

Task 2 – printed gantt chart?\