Question: Q1 (10 points): Given the following information, determine which project you recommend pursing by completing a project selection matrix: To help meet business goals, it

Q1 (10 points): Given the following information,
Q1 (10 points): Given the following information,
Q1 (10 points): Given the following information, determine which project you recommend pursing by completing a project selection matrix: To help meet business goals, it is desirable for projects to have high ROI (over $200,000), a high likelihood for success, strong linkage to at least 2 of the 5 key strategic business initiatives, the ability to get results quickly, and resource availability. The most critical requirements are high RIO and high likelihood of success. Linkage to business initiatives and ability to get results quickly are moderately important. Resource availability is of lower importance, because the company feels it can effectively address any issues with people or time. . . Project #1: . Moderate ROI (about $100,000) o Moderate likelihood of success (about 60%) . Moderate linkage to strategic business goals (1 of 5) Quick to complete ( 95%) No linkage to strategic business goals o Long to complete (> 6 months) . Lots of available resources

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!