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ITC505 Project Management

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Question:

Explain the desired value you have chosen)

  • Better - is improving quality important to your client
    • Faster - does your client want to increase efficiency
    • Cheaper - is cutting costs important?
    • Do more - does your client want to continue its growth

Step 3: Identify the Metrics

Explain the metrics you have chosen)

  • Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.

Step 4: Identify the Timeframe

Explain the timeframe you have chosen)

Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric 

Step 5: Agree with the sponsor

Explain the recommendations given by your sponsor)

Step 6: Summairse in a clear concise statement

 Provide the statement here)

 (Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system)

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