Question
ANSWER THE TASKS IN DETAIL!!! Example case: Economic inequality is a huge issue. A recent study found that the world's 80 wealthiest individuals own as
ANSWER THE TASKS IN DETAIL!!!
Example case:
Economic inequality is a huge issue. A recent study found that the world's 80 wealthiest individuals own as much as the entire world's poorest 3.5 billion people. The richest 1 percent of the world's population control half of the world's total wealth. Many individuals, corporations, charities, and government agencies have projects and programs in place to attempt to tackle this and other important global issues such as sustainability, but there are many opportunities to do more. A grassroots group of college students has decided to work together to do their part in making the world a better place. The students are from many different countries, and several of them met at global conferences, through study abroad experiences, or on various Internet groups. The strategic goals of this group include developing skills for both college students and for needy populations, sharing information on existing products and services that promote economic growth and sustainability, and promoting entrepreneurship. Leaders of this group were reviewing the following idea for a project (with a significant IT component) that they could do to support their strategic goals:
Global Treps: Many people are familiar with the television show called Shark Tank where entrepreneurs (sometimes called "treps") present their business ideas to a group of investors or sharks. Several colleges, high schools, and even elementary schools throughout the world hold unique versions of a shark tank like event. You believe that creating a non-profit organization with one central mobile-friendly website/application to assist groups in organizing these types of events would spark even more entrepreneurs throughout the world. You would plan to hold several shark tank like events during the term of the project and develop a site and applications to help continue developing more global treps. This site/ application would include the following capabilities: Provide guidelines and templates for running a shark tank type of event. Accept donations from potential investors targeted toward specific schools or organizations wishing to host an event.
Accept ideas for needed new products or services. Provide the ability for organizations to create their own custom site to solicit local participants and sharks, accept applications, and promote the winners as well as losers.
Research ideas for a mechanism where a certain percentage of all donations and profits earned by contestants are donated back to the Global Treps organization.
Provide an online version of the events by showing videos of contestants and live reactions of the sharks while also getting live inputs and donations from viewers.
The Global Treps Project team is working hard to ensure they meet expectations, especially for the people who will be holding and participating in the four events. The team has a detailed scope statement, but you want to make sure you are not forgetting requirements that might affect how people view the quality of the project. You know that the project's sponsor and other key stakeholders are most concerned with getting people to use the new website, having successful events, and helping promote entrepreneurship across the globe. You also know that various geographic and cultural issues will need to be addressed.
Tasks:
1. Develop a list of quality standards or requirements related to meeting the stakeholder expectations described in the running case. Provide a brief description of each requirement. For example, two requirements related to the new website might be that users can read the content in several different languages and that users provide good ratings for the online video training.
2. Based on the list you created for Task 1, determine how you will measure progress on meeting the requirements. For example, you might have people take a survey after they view the online training videos to collect feedback.
3. After analyzing survey information, you decide to develop a Pareto chart to see which types of guidelines for running an event generated the most interest.
First, develop a spreadsheet in Excel using the data in the following table. List the most frequently requested guidelines first.
Requested Guidelines # of Times Requested How to find good participants 24 How participants should present their ideas 20 How to find local sharks 15 How to select participants 12 How to manage and engage the audience 7 How to set up the facilitiesStep by Step Solution
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