University of Leeds Management Project Preparation Paper

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nagbavbRL

Business Finance

University of Leeds

Description

Now, we completed our proposal. Before we can even think of starting our project, we need to prepare ourselves by looking at the required business documents and tools. Now it is time to prepare ourselves by completing the next tasks

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Task 2: Complete the following for your Week 2 Assignment: 1. Research and find a template for documenting your System Requirements Document (SRD). 2. Prepare a business requirements document (in MS Word), based on your selected project. Include priority "ranking" (Hi, MED, LO) for each requirement. 3. Include statements of requirements related to business need. 4. Criteria: Minimum of 3 requirements, but you can include up to 10. 5. Use APA formatting for citations and references. Points Possible: 50 Task 3: Your Week 3 Assignment has two required parts: (1) to make a context diagram, and (2) to create and complete the System Design Specification document for your project. Part 1 (25 points possible): 1. Use a tool to make a context diagram, there are tools such as Lucidchart and others in the market for making a diagram. 2. Develop a Context Diagram for the case system using Lucidchart or another to create the context diagram. 3. Criteria: Full credit for use of the appropriate shapes, with appropriate labeling on the shapes and the lines. 4. Take a screenshot of your diagram, and paste it into a Word document. Part 2 (25 points possible): 1. Create your project's System Design Specification document. You may conduct research to find a template, or use a blank Word document. 2. Criteria: Complete the System Design Specification document for your project. 3. Include: 4. title page, 5. project name, 6. table of contents, 7. references, and 8. detail information about each component listed in your table of contents. 9. Also include the Context Diagram form Part 1 at the end of your System Design Specification document. Total Points Possible: 50 Task 4: Create an alternative decision matrix for the case system. Using Excel or Word, develop a decision matrix to be used to evaluate three proposed design alternatives (alternatives A, B, and C). The idea is to create a worksheet that can be applied to any set of alternatives. Criteria: Decision matrix has columns for criteria weights and points available, and columns that represent three proposals. Within each proposal include columns for points assigned and the product of points assigned times criteria weight. The bottom row of the matrix contains column totals. Points Possible: 50 Task 5: Use Wufoo to develop an input form using some of the key fields from your project. Copy (or take a screenshot of) the design and paste it into Word document with a title page. Provide the resulting URL as well. Criteria: Design incorporates good choice of colors, text, font, arrangement, and evidence of possible navigation (as in a “submit” button). Points Possible: 50
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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

DECISION MATRIX

1

Systems Analytics and Enterprise Management-Decision Matrix

Name

Institution

DECISION MATRIX

2

Decision matrix is an essential part of an organization. It is defined as a chart that assists
in systematic analysis, rating of strength and identification of information. It is essential when
dealing with large numbers of factors and at the same time examining the importance of each
factor. Decision making in an organization is not easy as many factors have to be put into
consideration. Decision matrix has made it easier as it provides simple answers that assist in
making sure the best decision is made, putting all factors into consideration.
Alternative to be Considered
This decision matrix will be used in examining three proposed designs alternatives. The
alternatives are A, B, C. architectural decision is the design decision that assist in addressing the
architecturally important requirements. The decisions in architecture and design are considered
hard and complicated to change and make.
· Alternative A

· Alternative B

· Alternative C

Factors to be Considered
The factors that will be put into consideration include:
Safety

DECISION MATRIX

3

simplicity
Viability
Cost
Customization
In this study, we list all the alternatives labels as rows on the table and the factors to be
considered are listed in the column. The decision matrix shows this case has been provided. Each
factor here has to be scored with a scale from 0-5. 0 represents poor while 5 represents very
good. It is then important to recognize the most value found in the alternatives or the important
factor in the decision. This can be represented from 0-5. Where 0 shows not an important as far
as final decision is considered while 5 shows a certain decision is important as far as final
decision is concerned.
The decision matrix
Criteria

Weight

Alternative A

Alternative B

Alternative

(Score

C(Score

(Score

multiplied by

multiplied by

multiplied by

importance)

importance)

3

15

importance)
Potential Impact
on Company
Performance

3

9

DECISION MATRIX
Ease to

4

1

3

1

3

2

6

6

10

1

5

1

3

1

3

3

5

2

10

6

6

2

6

2

10

42

22

52

Implement
Benefit/Cost
Relationship
Speed of
Implementation
Acceptance by
Associates
Negative Impact
on Environment
Negative Impact
Safety
Total Rating

𝑠𝑐𝑜𝑟𝑖𝑛𝑔 5 = ℎ𝑖𝑔ℎ 3 = 𝑚𝑒𝑑𝑖𝑢𝑚1 = 𝑙𝑜𝑤
After the assignment of weights of importance to all the alternatives, the next process
consists of multiplication of the scores by the score value of each alternative calculated. By
adding up the scores of each alternative, the weighted score is determined. The opinion scoring
highest in this case is considered the best alternative.
The use of decision matrix through weighing up the different factors help in shaping the
decision process. By identifying an important factor based on each alternative followed by
allocating the weights of key factors on the alternative givens eminent results that can then

DECISION MATRIX

5

provide a better direction to good alternatives that can be used. Company’s interest should be
considered with the best alternative. The chart provides the best alternatives that can be adopted.
From this chart, alternative C has the highest score of 52 and thus it is considered the best
alternative. It is very important to often consider all the factors and determine the import ones to
decrease and remove any kinds of compromise.

DECISION MATRIX

6

References:
Carrascosa, I. P. (2018). Large group decision making: Creating decision support approaches at
scale. Springer.
Gollier, C. (2012). Alternative decision criteria. Pricing the Planet's Future.
d...

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