Question

• Explain 4 methods for identifying and selecting IS projects.
• Compare the characteristics of each method, and identify the strengths and weaknesses of each method.
• Identify valuation criteria when classifying and ranking the 3-target market projects.
• Rank the 3-target market projects.
• Summarize the project initiation and planning process, and identify the next steps for Pine Valley Furniture’s board of directors.

The 3 target market projects are:

• Corporate furniture
• Home office furniture
• Student furniture

Thank You!

Answer 1

Lets choose Home office furniture as most priority in making an online webstore. Because, the online stores are mostly used for homely appliences and even student furniture will come inside it. Instead of making a corporate furniture webstore, we can approach corporates with our service and offers. It will be hard to go every home and present our products but easy to present in front of selected corporates. Lets have a good interface to present the products. A beautiful index page with links to all category of products. Easy selection and filtering methods. Easy payment gateways and faster delivery will make customers happy. This happiness is more reflected on home needs customers. Ranking of projects:

1. Home office furnitures

2. Student furnitures

3. Corporate furnitures

As we discussed earlier the webstore will be more useful for the home office customers. Student furnitures will also may use the same then. We can approach big corporates and present the product and services directly.