Question: Film Prioritization Purpose: Provide experience in using a project priority system Used in industry for many purposes Ranking job candidates, decisions within a project, Profile

Film Prioritization
Purpose:
Provide experience in using a project priority system
Used in industry for many purposes
Ranking job candidates, decisions within a project,
Profile
Film division for large entertainment conglomerate
Main offices in Anaheim, CA
Includes feature films, theme parks, home videos, television channel, interactive games, and theatrical productions
Steady growth over last 10 years: last year revenues increased by 12% to $21.2B
Film division generated $274M in revenues (one year increase of 7%)
Profit margin was down to 3% to 16% due to poor response to five major film releases
o Engaged in negotiations to expand its theme part empire to mainland China and Poland
Mission
Our overriding objective is to create shareholder value by continuing to be the world's premier entertainment company from a creative, strategic, and financial standpoint."
Film division supports the mission by producing four to six high-quality, family entertainment films for mass distribution each year
CEO advocates that the firm take a leadership position in championing environmental concerns
Company "Must" Objectives
Every project must meet the must objectives of strategic priority to the company
All projects meet current legal, safety, and environmental standards
All film projects should receive a PG or lower advisory rating
All projects should not have an adverse
Engaged in negotiations to expand its theme part empire to mainland China and Poland
Mission
Our overriding objective is to create shareholder value by continuing to be the world's premier entertainment company from a creative, strategic, and financial standpoint." Film division supports the mission by producing four to six high-quality, family entertainment films for mass distribution each year
CEO advocates that the firm take a leadership position in championing environmental concerns
Company "Must" Objectives
Every project must meet the must objectives of strategic priority to the company
All projects meet current legal, safety, and environmental standards
All film projects should receive a PG or lower advisory rating
All projects should not have an adverse effect on current or planned operations within the larger company
Company "Want" Objectives
Want objectives are assigned weights for their relative importance
Top management is responsible for formulating, ranking, and weighting the objectives to ensure the projects support the strategy and mission.
Be nominated for and win an academy award for Best Picture of the Year
Create at least one new animated character each year that can start in a cartoon or TV series
Generate additional merchandise revenue (action figures, dolls, interactive games, music CDs)
Raise public consciousness about environmental issues and concerns
Film Proposals
Project Proposal 1: My Ufe with Dalai Lama
An animated, biographical account of the Dalai Lama's childhood in Tibet based on the popular children's book Toles from Nepol. The Lama's life is told through the eyes of "Guoda," a field snake, and other local animals who befriend the Dalai and help him understand the principles of Buddhism.
\table[[Probability,80%,50%,20% effect on current or planned operations
 Film Prioritization Purpose: Provide experience in using a project priority system

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