homework 2-5
2-5 Homework Assignment
Question #1 (1): What are the four parts of a technical proposal? the four parts of a technical proposal are:
1. The Technical Approach
2. The Implementation Plan
3. The plan for Logistic Support and administration
4. Past Experience
Question #2 (2): By what criteria do you think managers judge selection models? What criteria should they use? managers judge selection models based on the following criteria: realism, capability, flexibility, ease of use, and cost. When managers are creating a selection model, they should use all the characteristics that I just mentioned, and must identify the organization’s objectives, weighting them relative to each other, and determining the probable impacts of the project and contributions to the organization’s objectives.
Question #3 (4): What is a sacred cow? Give some examples.
Sacred Cow model is one of the nonnumeric project selection models. The Sacred Cow model refers to a project or projects that are proposed by a senior and powerful official in the organization. For instance, my father had a furniture store and he commented that he wanted to introduce a new furniture line, three months later the idea became a project and all the company’s resources were used toward this project. This project was sacred and immune to criticisms until the project was successfully concluded. Also, I had an idea of opening a clothing store few years ago, and I took all my savings to start the business. I resigned from my job that I had to start this project but months later I realized that the idea was a failure and that I had to abandon the sacred cow.
Question #4 (6): What are some limitations of project selection models?
Models do not make decisions and are only partial representations of the reality and they are meant to reflect. It does not matter how sophisticated the models are, they will not be completely accurate. Hence, no model can lead to optimum decision.
Question #5 (7):
Question #1 (1): What are the four parts of a technical proposal? the four parts of a technical proposal are:
1. The Technical Approach
2. The Implementation Plan
3. The plan for Logistic Support and administration
4. Past Experience
Question #2 (2): By what criteria do you think managers judge selection models? What criteria should they use? managers judge selection models based on the following criteria: realism, capability, flexibility, ease of use, and cost. When managers are creating a selection model, they should use all the characteristics that I just mentioned, and must identify the organization’s objectives, weighting them relative to each other, and determining the probable impacts of the project and contributions to the organization’s objectives.
Question #3 (4): What is a sacred cow? Give some examples.
Sacred Cow model is one of the nonnumeric project selection models. The Sacred Cow model refers to a project or projects that are proposed by a senior and powerful official in the organization. For instance, my father had a furniture store and he commented that he wanted to introduce a new furniture line, three months later the idea became a project and all the company’s resources were used toward this project. This project was sacred and immune to criticisms until the project was successfully concluded. Also, I had an idea of opening a clothing store few years ago, and I took all my savings to start the business. I resigned from my job that I had to start this project but months later I realized that the idea was a failure and that I had to abandon the sacred cow.
Question #4 (6): What are some limitations of project selection models?
Models do not make decisions and are only partial representations of the reality and they are meant to reflect. It does not matter how sophisticated the models are, they will not be completely accurate. Hence, no model can lead to optimum decision.
Question #5 (7):