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M1 Group Assignment

In:

Submitted By portiamt
Words 484
Pages 2
Hi

Notes from today

1. Q1 is the verbal RFP sufficient?

Answer: No
• The customer only state objectives to either reduce cost on increase sales.
• The statement of work that deals with the rational or info on the major tasks or work elements are not clear. P41-46
• The customer requirements are not comprehensive, doesn’t specify specifications on attributes such as % sales uplift or cost reduction. No evaluation criteria. P36

2. Q2.1 what should the order of priority for implementation of the projects in the portfolio be in order to maximize the strategic org benefits?
PAGE 36 FIGURE 2.1 Project Evaluation and Selection Form
PROJECT EVALUATION AND SELECTION

EVALUATION CRITERIA Investment ($) Return on Investment Time to Market Increase in Market
Share Risk Chance of Success Notes Priority
PROJECT A Drug High High Long High High Medium Risky project that already took some time to get traction. NPV over short period will be negative but might be positive over longer term Option 3
PROJECT B Production line Low High Quick HigH Low High LEAN project that will improve effectiveness and efficiency that will result in cost reduction (Headcount/rework) and improve cash flow and is quick to implement over a short period Option 1
PROJECT C
IT System High Low (short term Long Meduim High Low IT project might not work as expected and there is an alternative solution to outsource and reduce headcount Option 3
Joe Sanchen High (overseas sales resource Medium to High Quick High (expand overseas) Low/Medium High Option 4

3. Q2.2 how would you handle Joe Sanchez’s request to increase the sales force?
a. Although this could work to expand and increase sales, this project will increase cost before it even increase sales.
b. One should first make sure that the production line is streamlined to handle the increase demand in product when

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