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Question

Answered

Assignment

In topics 1 & 2 you have been introduced to project management, selection and prioritisation and the importance of determining a Measurable Organisational Value (MOV). 

Using the Globex project scenario, detailed in the Project Briefing in the subject Interact 2 site

1.Justify the selection and prioritisation of the project

2.Describe and develop the project’s MOV

In regards to the MOV - Measurable Organisational Value:

This is the goal of the project and is utilised to define the value that the project will bring to your client.

1.Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social

2.With reference to your project, identify one or two of the following types of value:

a.Better - is improving quality important to your client?

b.Faster - does your client want to increase efficiency?

c.Cheaper - is cutting costs important?

d.Do more - does your client want to continue its growth?

3.Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target.

4.Determine the timeframe for achieving the MOV –i.e. when does Globex want to achieve this target metric?

5.Summarise The Mov In a Clear Concise Statement Or Table

ITC218-ICT Project Management

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