Vendors seem to have the perfect solution to all of your problems. They have the best products, the best support, and you can always count on them being the most cost-effective. Yet what is real and what is marketing? What are some things that you can do to ensure that a vendor's technology really does solve your problem? In many projects, close to the end of the project, confusion arises among the various parties involved in the project as to when the project is really complete. Why do you think that this is the case? Discuss the steps that you will take to ensure that it will not occur in your project.
The actions for ensuring that the vendor's technologies and other solutions are relevant and appropriate to the success of the project.
(a) Use of subject matter experts to analyse the appropriateness of the vendor's solutions to the success of the project.
(b) Consulting with the previous customers who have availed the services of this vendor in simila or related projects, and their level of satisfaction with the vendor.
(c) analysis of vendor's competence in meeting the level needed for the project, addressing changes in the project requirements and putting up with the risks and uncertainty associated with the project. This competence can be technical capabilitiess, relevant experience, resourcefulness, financial strength and adaptability among the others.
(d) Rating of the vendor in the industry circles and its reputatation among the customers in its ability to provide high class services and practice of professionalism among others.
Vendors seem to have the perfect solution to all of your problems. They have the best...
Power Train, Ltd. We have smashing systems for reporting, tracking, and controlling costs on design projects. Our planning of projects is better than any I have seen at other companies. Our scheduling seemed to serve us well when we were small and we had only a few projects. Now that we have many more projects and schedule using multiproject software, there are too many occasions when the right people are not assigned to the projects deemed important to our success....
Your management team has decided that all orders will be treated as projects and that project managers will be used to update orders daily, to resolve issues, and to ensure the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from $100 to $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation? A. Because each individual order...
The corporate environment can be a busy one, and Paycentric is no exception. Routinely there are visits from vendors, contractors, partners, marketing firms, and customers all of which typically need some form of internet access. Remember that these devices do not conform to your corporate policies so it's very likely they are at different levels of security. For example if someone from a large financial or auditing company comes onsite they would likely be more locked down then a local...
Answer the following questions to the best of your ability. PLEASE ANSWER ALL THIS FOR INFORMATION TECHNOLOGY MANEGEMENT CLASS, THANK YOU 1) Which company has a higher degree of digitization, Amazon or E*Trade? 2) A reverse auction is common in this type of e-commerce. 3) If you use online bill pay though your bank, what type of electronic payment mechanism is your bank most likely using to transfer funds when executing a bill payment for a utility company? 4) A...
Do the various funerals or death rituals you have participated in seem to have served the purposes described in the text? Describe what you would want your family to do at your funeral, memorial service, or some other death ritual. Write your own eulogy. Set it as far in the future as you wish, and write it as if someone else were reading it at your funeral/ceremony. Eulogies focus on the positive aspects of a person’s life, so here’s your...
You have worked at the same company with your best friend for the last 10 years—in fact, he told you about the job and got you the interview. He works in the marketing department and is up for a promotion to marketing director—a position he has been wanting for a long time. You work in sales, and on your weekly conference call, the new marketing director—someone recruited from outside the company—joins you. Your boss explains that although the formal announcement...
The most successful innovations tend to come from solutions to problems. Many entrepreneurs get ideas for new products from the needs they have themselves, or from problems they identify when observing or talking to other people. For this assignment, you must generate a list of at least 100 things that really “bug” you. Do not try to solve any of these problems yet – that is not the objective of this exercise. At this point, you are only looking for...
Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and the maximum allowable payback for the project is 3.5 years Time Cash Flow 0 -5000 1 1200 2 2400 3 1600 4 1600 5 1400 6 1200 Evaluate this decision based on each of the following criteria: Payback IRR NPV In your write up, would you approve of this...
Consider the following questions when composing your thread. You don't have to answer all of these but use them as a guide on what to discuss. 1. What is the required amount of time to workout on a daily basis? Do you follow this? 2. Define moderate-intensity physical activity. Do you know if you exercise at this level? 3. List 5 things that aerobic activity can help you to improve. 4. List 8 types of aerobic activities. Which ones do...
Write the term from the following list that is best defined by each of these phrases. Use each term no more than once. Survival values Self-expression values Traditional values Terminal values Extrinsic work values Instrumental values Interpersonal value conflict Secular-rational values Some countries give employees extended parental leave and emphasize environmental responsibility In some countries, businesses must close on all religious holidays. Although the work isn't as interesting, you decide to accept the job offer with the organization that offers...