Project Background: Familiarize yourself with the project details provided below:

Project Name: Digital Transformation Initiative Project Description: The Digital Transformation Initiative aims to modernize the existing IT infrastructure and processes of the organization in order to enhance operational efficiency, improve customer experience, and drive business growth. The project involves the implementation of new technologies, software systems, and digital workflows across various departments.

Client/Stakeholder: ABC Corporation ABC Corporation is a multinational company specializing in manufacturing and distribution. As the client, ABC Corporation is seeking to leverage digital transformation to stay competitive in the market, streamline internal operations, and better serve their customers.

Project Duration: The project is expected to commence on June 1, 2023, and complete by December 31, 2024. The total project duration is estimated to be 18 months.

Budget: The project budget allocated for the Digital Transformation Initiative is $5 million.

Additional Information:

• The project team will consist of internal IT staff, external consultants, and selected representatives from various departments within ABC Corporation.
• The project is expected to impact all departments within the organization, including finance, human resources, operations, and customer service.
• The organization's existing IT infrastructure includes legacy systems, outdated software applications, and manual processes that hinder operational efficiency.
• The project aims to implement cloud-based solutions, data analytics tools, and process automation to transform the organization's IT landscape.
• The digital transformation initiative will require training and change management activities to ensure the smooth adoption and integration of new technologies and processes.

Instruction:

With the aid of the relevant supporting documentation. Create the selection criteria document with justification for the methodology used. The document should have at least 4 sample criteria discussed with documentation to support the same. You can make assumptions or use existing documentation (online or otherwise) to make your case. Compare and contrast the different criteria used and identify which would be more appropriate.