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- Explain the main difference between the two standard system development methodologies. Which strategy is best and worst, and why?Task 1 Look at the statements below and indicate the type of feasibility for each statement. A. Based on the future cost of support and maintenance, TCO will be very high. B. The network will not be ready until next year, which might be too late. C. Expensive training will be required. D. The current system is well liked and effective, and users see no need for change. E. The hardware is unreliable and will not integrate with other company systems. F. The new system will cause a workforce reduction, and employees are very concerned. G.The platform does not have capacity for future needs, and cannot be expanded. H. The project does not meet the company policy for acceptable return on investment. I. The projected benefits do not outweigh the estimated costs. J. The software will not be available until May, and that will cause an unacceptable delay. Task 2 Visit the website of a major company of your choice. Using information from the website and related articles, conduct a SWOT analysis…The Measurable Organizational Value (MOV) is the goal of the project and is used to define the value that your project will bring to your client. To provide real value to an organization, a project must align with and support the organization's vision, mission, and strategy. Explain the importance of a project’s MOV supporting an organization’s mission and strategies. What are the downside impacts of a project that does not align with those elements?
- The organization of the design team can be categorized into: 1- Functional organization 2- Balanced matrix 3- Project matrix 4-Functional matrix 5-Project team. where project team is the most successful organization. Design process applies to design of system, subsystems, assemblies; but not to components. True or False?In each of the following, name the term defined or answer the question. Answers are listed at the bottom.1. Name the three categories of consultants.2. This type of project requires a great deal of experience but little innovation.3. Accenture is well known for this type of approach to training consultants.4. Target utilization is usually highest for which level of consultant?5. McKinsey uses these to structure or maps the key problems to be investigated.Justify the use of earned value management (EVM) to control expenses and monitor the effectiveness of a project, and speculate as to why it is not used more often. How can one determine if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is favorable or unfavorable? What are some general criteria to follow?
- Ok base on my fishbone diagram I prepared I need help preparing an Analysis of the following: Elements of “chaos,” identified through your 5 Whys or Fishbone diagram, that can be turned into “butterfly effects” or potential large-scale strategic opportunities for your organization providing Potential opportunities for projects that apply creativity in the solution of identified “chaotic” issues or problems within the organization And Potential leverage points that will help the organization build on a strength(s) to take advantage of strategic opportunitiesRecall that the Levi's personal pair project was largely a product differentiation approach. Which of the following statements, assuming they are true, would provide the most compelling evidence to argue that Levi’s Personal Pair Project would add value? Group of answer choices Customer’s perception of the value of the customized jeans is very high The Personal Pair Project’s cost estimates are accurate Both of these items would be of equal importance Neither of these items would impact the success of the Personal Pair Project as a differentiation strategyShould analysis be omitted or streamlined when choose between a premade software solution and a bespoke solution or outsourcing?
- Justify the usage of earned value management (EVM) to control costs and monitor project success, and hypothesize on why it is not utilized more often. What are some broad guidelines for determining if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is positive or negative?The following table shows the performance criteria, weights, and scores (1 = worst, 10 = best) for a new product: a thermal storage air conditioner. If management wants to introduce just one new product and the highest total score of any of the other product ideas is 800, should the firm pursue making the air conditioner? Performance Criterion Weight (A) Score (B) Weighted Score (A x B) Market potential Unit profit margin Operations compatibility Competitive advantage Investment requirement Project risk 30 20 20 15 10 5 8 10 6 10 2 4 240 200 120 150 20 20 Weighted score = 750Assume you are the owner of a construction firm with its headquarters in New Delhi. Two customers from Chennai and Himachal Pradesh have approached you for the construction of an energy-efficient structure in their respective locations. What strategy would you use to complete the projects? Additionally, create a flow chart for both projects to illustrate your design strategy and execution methods. Hint: The design must include bioclimatic architecture, a high-performance building envelope, and enough ventilation.