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Individual Assignment #2- Scope Statement/Project Priorities Instructions: 1. Provide a 2-paragraph introduction to the value of a Project Priority Matrix and how to use it.

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Individual Assignment #2- Scope Statement/Project Priorities Instructions: 1. Provide a 2-paragraph introduction to the value of a Project Priority Matrix and how to use it. 2. Answer this question, which is from Chapter 4, Exercises, question #2, page 128 (Exercises, not Review Questions). Note that the original question refers to doing this in groups, but please do this exercise on your own. Identify real life examples of a project that would fit each of the following priority scenarios: a) Time-constrain, Scope-enhance, Cost-accept Time-accept, Scope-constrain, Cost-accept c) Time constrain, Scope-accept, Cost-enhance 3. Create 3 tables with headings in a Word document similar to Figure 4.2 on page 112 (bottom of textbook page), one for each of the priority scenarios in the exercise. Instead of using the circles as seen in Figure 4.2, enter text paragraphs explaining precisely why your 3 projects would fit the corresponding priority scenario. For example, for part (a) your matrix might look like: (a) Describe the project that you want to talk about. Time Performance Cost Constrain Project xx must be completed on time because .... Enhance The scope of the project needs to be expanded because . .. Accept The cost of the project will be necessarily higher because . ... If your assignment is late you will be assessed a penalty of 20%. Any assignment over one day late will not be accepted. Cite your sources. Grading: File name and format 0.5 Matrix description 1.5 Each table has a realistic e

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