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Project Metrics
Explaining why the opportunity/threat was selected, and how it
is anticipated to benefit the organization
It is important to carry out SWOT analysis before rolling out
projects. This allows the project manager to identify areas that
need to be improved. By implementing correct techniques for
analysis, it is possible to ensure that the project will be
completed on time and within budget. The opportunity was
selected to assist the project manager to improve the whole
project. This will beneficial to the organization in that it better
efficiency. Threats were identified to help the organization to
mitigate risks that are associated with various project tasks and
optimize the whole process. Every aspect of risks involved is
evaluated and each risk can be eliminated prior to its
occurrence. Selecting opportunity is also anticipated to benefit
the organization in that it gives a strong conclusion on what the
project will end up.
Creating at least 3 measurable project objectives based on my
analyses
Project Objective
Project Manager
Project Coordinator
Project Evaluator
To ensure successfully roll out the of project within one week
C
R
I
To ensure that half of the project deliverables are met within a
period of three months
C
A
C
To ensure that the project is completed by the end of six months
A
I
R
R: Responsible
A: Accountable
C: Consulted
I: Informed
Explaining why the objectives are appropriate for the project
The objectives are appropriate for the project because it will
guide all the project activities. The objectives will also ensure
optimal use of resources allocated for the project. It will also
act as a benchmark to measure whether the all the deliverables
have been met. These are also appropriate for the project in that
it will be used to monitor the schedule of the project to ensure
that the project runs as scheduled hence avoiding situations of
having to extend the schedule of the project due to delays.
Developing two metrics to evaluate achievement of each of the
project objectives
There are two metrics that will be used to evaluate achievement
of each of the project objectives. They include value of
deliverables/output and satisfaction of the project stakeholders.
These are appropriate metrics for each of the objectives. The
final outcome of the project is supposed to meet the initial aims
of the project as outlined in the scope of the project (Lock,
2017; Rose, 2013). The project’s objectives will be considered
to have been achieved if the value of the output is high. On the
other hand, if the value of the deliverables is low then it means
that the some of the objectives of the project have not been met.
The second metric that will be used to evaluate the achievement
of the project objectives is the stakeholder satisfaction. If the
project stakeholders are interviewed and they state that they are
satisfied with the deliverables of the project, then that particular
project will be deemed to have achieved its objectives (Mir &
Pinnington, 2014). On the other hand, if the stakeholders are
unsatisfied with the outcome of the project, then it means that
some of the objectives were not achieved. These metrics are
therefore important in that they are used to measure extent to
which project objectives have been met. These metrics are also
appropriate in that they guide the manner in which project tasks
are to be executed (Raymond & Bergeron, 2008).
References
Lock, D. (2017). The essentials of project management.
Routledge.
Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of
project management: linking project management performance
and project success. International journal of project
management, 32(2), 202-217.
Raymond, L., & Bergeron, F. (2008). Project management
information systems: An empirical study of their impact on
project managers and project success. International Journal of
Project Management, 26(2), 213-220.
Rose, K. H. (2013). A Guide to the Project Management Body
of Knowledge (PMBOK® Guide)—Fifth Edition. Project
management journal, 44(3), e1-e1.
SWOT ANALYSIS OF ALIBABA GROUP
Becoming No. One of the head of ecommerce and cloud players
of China. Yun (Jack) Ma is the funder of the company. The
company revenue and profits are unbelievable growing fast by
the active users. With such large business, Alibaba is limited
and mainly to China. Yun Ma is a very smart and breve man; he
leads his company invested and partnered many other brands to
find out a way to expend internationally in a speed. Of course,
ecommerce is the major source of revenue for Alibaba, also not
just in China also in overseas, is the strongest e-commerce
player. Even though, Alibaba still has many challenges ahead.
SWOT
Strengths –
So far, Alibaba leads the ecommerce and cloud player in
Mainland China. There is a major gap between itself and its
competitors. In the Chinese market, Ali has been created many
strong brands. Ali is mainly focus in mainland China, and also
invested other brands in Asian, Europe and Middle East. The
most revenue are generated from e-commerce.
Weaknesses –
Ali is started in mainland China, it really hard to expend outside
of the country. Although, the mainland China economy has been
doing very well, and the company has been remarkably
increased in the recent years, still growing overseas is
important. The research shows that the international revenue
just around 7%. Ali is mainly depending on the Chinese market.
Opportunities –
Ali has so many opportunities by expend its oversea business.
By investing in overseas and gaining a position in other Asian
and European business markets, Ali can also decrease the
dependence on the Chinese market. Technological invention
provides great opportunities of increase for Ali.
Threats –
The insensitivity of competition for Ali, not just Amazon, also
other e-commences. US-China relationship of trade issue is
posed another threat to Ali. Legal issues created by the
significantly increase users, how to protect the customers
information. Moreover, to become an international company,
involve into different business law which would be a big
challenge to Ali.
Conclusion –
To a better and faster grow, Ali needs to find its way to expand
the business more globally. Trying to diversify and reduce the
dependence from mainland China.

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Project MetricsExplaining why the opportunitythreat was selecte.docx

  • 1. Project Metrics Explaining why the opportunity/threat was selected, and how it is anticipated to benefit the organization It is important to carry out SWOT analysis before rolling out projects. This allows the project manager to identify areas that need to be improved. By implementing correct techniques for analysis, it is possible to ensure that the project will be completed on time and within budget. The opportunity was selected to assist the project manager to improve the whole project. This will beneficial to the organization in that it better efficiency. Threats were identified to help the organization to mitigate risks that are associated with various project tasks and optimize the whole process. Every aspect of risks involved is evaluated and each risk can be eliminated prior to its occurrence. Selecting opportunity is also anticipated to benefit the organization in that it gives a strong conclusion on what the project will end up. Creating at least 3 measurable project objectives based on my analyses Project Objective Project Manager Project Coordinator Project Evaluator To ensure successfully roll out the of project within one week C R I To ensure that half of the project deliverables are met within a period of three months C A C To ensure that the project is completed by the end of six months A
  • 2. I R R: Responsible A: Accountable C: Consulted I: Informed Explaining why the objectives are appropriate for the project The objectives are appropriate for the project because it will guide all the project activities. The objectives will also ensure optimal use of resources allocated for the project. It will also act as a benchmark to measure whether the all the deliverables have been met. These are also appropriate for the project in that it will be used to monitor the schedule of the project to ensure that the project runs as scheduled hence avoiding situations of having to extend the schedule of the project due to delays. Developing two metrics to evaluate achievement of each of the project objectives There are two metrics that will be used to evaluate achievement of each of the project objectives. They include value of deliverables/output and satisfaction of the project stakeholders. These are appropriate metrics for each of the objectives. The final outcome of the project is supposed to meet the initial aims of the project as outlined in the scope of the project (Lock, 2017; Rose, 2013). The project’s objectives will be considered to have been achieved if the value of the output is high. On the other hand, if the value of the deliverables is low then it means that the some of the objectives of the project have not been met. The second metric that will be used to evaluate the achievement of the project objectives is the stakeholder satisfaction. If the project stakeholders are interviewed and they state that they are satisfied with the deliverables of the project, then that particular project will be deemed to have achieved its objectives (Mir & Pinnington, 2014). On the other hand, if the stakeholders are unsatisfied with the outcome of the project, then it means that some of the objectives were not achieved. These metrics are
  • 3. therefore important in that they are used to measure extent to which project objectives have been met. These metrics are also appropriate in that they guide the manner in which project tasks are to be executed (Raymond & Bergeron, 2008). References Lock, D. (2017). The essentials of project management. Routledge. Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking project management performance and project success. International journal of project management, 32(2), 202-217. Raymond, L., & Bergeron, F. (2008). Project management information systems: An empirical study of their impact on project managers and project success. International Journal of Project Management, 26(2), 213-220. Rose, K. H. (2013). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fifth Edition. Project management journal, 44(3), e1-e1. SWOT ANALYSIS OF ALIBABA GROUP Becoming No. One of the head of ecommerce and cloud players of China. Yun (Jack) Ma is the funder of the company. The company revenue and profits are unbelievable growing fast by the active users. With such large business, Alibaba is limited and mainly to China. Yun Ma is a very smart and breve man; he leads his company invested and partnered many other brands to find out a way to expend internationally in a speed. Of course, ecommerce is the major source of revenue for Alibaba, also not just in China also in overseas, is the strongest e-commerce
  • 4. player. Even though, Alibaba still has many challenges ahead. SWOT Strengths – So far, Alibaba leads the ecommerce and cloud player in Mainland China. There is a major gap between itself and its competitors. In the Chinese market, Ali has been created many strong brands. Ali is mainly focus in mainland China, and also invested other brands in Asian, Europe and Middle East. The most revenue are generated from e-commerce. Weaknesses – Ali is started in mainland China, it really hard to expend outside of the country. Although, the mainland China economy has been doing very well, and the company has been remarkably increased in the recent years, still growing overseas is important. The research shows that the international revenue just around 7%. Ali is mainly depending on the Chinese market. Opportunities – Ali has so many opportunities by expend its oversea business. By investing in overseas and gaining a position in other Asian and European business markets, Ali can also decrease the dependence on the Chinese market. Technological invention provides great opportunities of increase for Ali. Threats – The insensitivity of competition for Ali, not just Amazon, also other e-commences. US-China relationship of trade issue is posed another threat to Ali. Legal issues created by the significantly increase users, how to protect the customers information. Moreover, to become an international company, involve into different business law which would be a big challenge to Ali. Conclusion –
  • 5. To a better and faster grow, Ali needs to find its way to expand the business more globally. Trying to diversify and reduce the dependence from mainland China.