Overview In this assignment, an organization you identify will select a project to undertake Think of TWO possible projects that connect to your CST Major/Track. Think of an organization where you would like to work after graduating college When identifying two projects, be creative and think of IT work you would like to do Consider how these projects might use your strengths and interests and also affect your career development. Make sure that each project fits the formal definition of a project. When identifying an organization, you can consider existing organizations or, instead, fictional organizations you imagine, perhaps, one might even be your own company. Instructions In writing, briefly describe the organization's overall business strategy and objectives. Communicate the ideas behind each project, the purpose, and the opportunities they present or the problems they resolve. Explain how each project would align with the organization's overall business strategy. (You might also explain how you identified the organization and two projects.) Describe the method you would choose to select one of these projects and explain why you chose the method. As part of the assignment, you are asked to choose at least one method from the list below. Chapter 2 of the textbook describes each method in detail Address problems, opportunities, and directives Focus on competitive strategy or broad organizational needs Use a weighted scoring model Lastly, perform the financial projections described below and summarize the results in a chart similar to Figure 2-7 (in the book and slides) and, in writing, explain your results Performing Financial Projections Estimate the future costs and benefits for the one project that your organization will select Since this is often difficult, use your best judgment to come up with reasonable figures based on research for similar projects or based on actual hardware, software, and labor costs. Choose a discount rate between 6% and 12% and determine the project's NPV. ROI and Payback period. See "Figure 2-7 Intranet Project NPV Example" for how to show your results. Explain your results by including key terminology from Chapter 2 Cite all references and pay special attention to spelling and punctuation; sentence structure and grammar; professional terminology, and the overall clarity of your writing. Overview In this assignment, an organization you identify will select a project to undertake. Think of TWO possible projects that connect to your CST Major/Track. Think of an organization where you would like to work after graduating college. When identifying two projects, be creative and think of 1.T. work you would like to do. Consider how these projects might use your strengths and interests and also affect your career development. Make sure that each project fits the formal definition of a project. When identifying an organization, you can consider existing organizations or, instead, fictional organizations you imagine; perhaps, one might even be your own company Instructions In writing, briefly describe the organization's overall business strategy and objectives. Communicate the ideas behind each project, the purpose, and the opportunities they present or the problems they resolve. Explain how each project would align with the organization's overall business strategy. (You might also explain how you identified the organization and two projects.) Describe the method you would choose to select one of these projects and explain why you chose the method. As part of the assignment, you are asked to choose at least one method from the list below. Chapter 2 of the textbook describes ench method in detail. Address problems, opportunities, and directives Focus on competitive strategy or broad organizational needs Use a weighted scoring model Lastly, perform the financial projections described below and summarize the results in a chart similar to Figure 2-7 (in the book and slides) and, in writing, explain your results. Performing Financial Projections Estimate the future costs and benefits for the one project that your organization will select. Since this is often difficult, use your best judgment to come up with reasonable figures - based on research for similar projects or based on actual hardware, software, and labor costs. Choose a discount rate between 6% and 12% and determine the project's NPV. ROI, and Payback period. See "Figure 2-7. Intranet Project NPV Example" for how to show your results. Explain your results by including key terminology from Chapter 2. Cite all references and pay special attention to spelling and punctuation; sentence structure and grammar, professional terminology, and the overall clarity of your writing