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Information Technology and Project Management

Assignment Requirements
Read Chapter 3 and 4 from the book and answer the following questions:
THis is the link the download the book:https://www.dropbox.com/s/1094y6cvmjglch8/Project%20Management%20Achieving%20Competitive%20Advantage.pdf?dl=0
Kindly answer the assignment below:
1. Read Case 4.2 in Chapter 4 (Page 130) and answer the questions at the end of the case.
2. A financial services company has a long list of potential projects to consider this year. Managers at this company must decide which projects to pursue and how to define the scope of the projects selected for approval. The company has decided to use a weighted scoring model to help in project selection, using criteria that map to corporate objectives. All projects selected must develop a WBS using corporate guidelines.
You are part of a team that will analyze proposals and recommend which projects to pursue. Your team has decided to create a weighted scoring model using the following criteria and weights:
Criteria Weight 1
Enhances new product development 20% 2
Streamlines operations 20% 3
Increases cross-selling 25% 4
Has good NPV 35%
To determine the score for the last criterion, your team has developed the following scoring system:
NPV is less than 0, the score is 0
NPV is between 0 and $100,000, the score is 25
NPV is between $100,000 and $200,000, the score is 50
NPV is between $200,000 and $400,000, the score is 75
NPV is above $400,000, the score is 100
The following is information for three potential projects:
Project 1:
Scores for criteria 1, 2, and 3 are 10, 20, and 80, respectively
Estimated costs the first year are $500,000, and costs for years 2 and 3 are $100,000 each
Estimated benefits for years 1, 2, and 3 are $200,000, $400,000, and $600,000, respectively
Project 2:
Scores for criteria 1, 2, and 3 are all 50
Estimated costs the first year are $700,000, and costs for the second year are $200,000
Estimated benefits for years 1 and 2 are $300,000 and $700,000, respectively
Project 3:
Scores for criteria 1, 2, and 3 are 0, 50, and 80, respectively
Estimated costs the first year are $300,000, and costs for years 2, 3, and 4 are $100,000 each
Estimated benefits for years 1, 2, 3, and 4 are $0, $600,000, $500,000, and $400,000, respectively
Develop a spreadsheet to calculate the NPVs and weighted scores for the three projects
Use a 10 percent discount rate for the NPV calculations.
Please do these questions thoroughly.
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