Question
You and a group of friends from a diverse set of backgroundsand careershave decided after some heated but valuable conversations to start a business. This
You and a group of friends from a diverse set of backgroundsand careershave decided after some heated but valuable conversations to start a business. This business will be building a unique but effective vehicle for driving long distances butithas customizable interchangeable options to include comfortable overnight sleeping conditions and can drive both on-highway, and off-road. Your group of friends are avid travelers and want to create a vehicle that has it all -butatan affordable price to cater to anyoneacross North America.This is a huge project and undertaking, but you are all passionate about creating a new product and are excited to take on the challenge. The group is building a large van, but pending its initial success may mean the group will build other types of vehiclesand product lines.The 'group of friends' are as follows:Monica -she's the marketingand productwizzof the friend group. With an MBA andstrong social media following, she's perfect member of the project team to make sure this product comes to life andsells it via social media along the way-she's outgoing and strong willed, but collaborativeto meeting goals and timelines. She overextendsherself with her creative brain, which sometimes results in conflict and may impact project timelines. Sham -He's the principalengineer. Hetends to be quiet, a bit more introverted and needs a clear set of instructionsand structureto perform his work. He is the designer and will do all drawings and implementation of componentsof the vehicle. Heis also extremely thorough and detailed, to make sure that all things work, work again, and work again. Critical thinking,however,isn't his strongest attribute, as he keeps his eye on tasks and only his tasks, so sometimes struggles to think outside the boxand work with other team members.Sahar -is strong in procurementand sourcing -they are realistic, a good negotiator,in what can and cannot be done -they're organized and able to think critically to achieve solutions for problems that arise. They know where everyone else is at the project to know when to procure specific components. Sahar is integrated closely across all other members of the team to make sure timelines are not delayed.Rafih is the go getter and key sales member of the team.He has a strong sales background and is very good at convincing others onanything and everything. He's data driven and takes ownership on tasks with ease. Though he is not heavily involved in the project, he is excitedto sell the vehicle once it's been built and validated for the public to use.Zee-he's thefunder of the project -He wasverysuccessful in some investmentsa few years back and ready to start investingin cool projects. He is cautious with this project butis excited to see the product and vehicle come to life.While he wantsto know what's going onin the project,but is not involved in the day to day.Lastly -yourself as the project manager. You're required to capture project requirements, and manage the project from itsinitiating phases, to closure. Your end goal is to create a fully functioning vehicle for on-road and off-road travel around the world. With the investment, and idea in place, you're ready to get started on this project!
question 1
After some deliberations on how many seats this vehicle will have, and are stuck between 2,4, or 6 seats and you have decided to perform a weighted factor scoring model to help decide the best move forward.
List the steps involved in creating a weighted factor scoring model (2 marks)
weighted factor model for selecting the best number of seats for the car, based on your own criteria. You are required to consider the 3 options (2, 4, or 6 seats) and 3 different criteria. An example of criteria could be, weight. (You are allowed to use this option but need to create 2 additional criteria). (4 marks)
Be sure to show your own work and make assumptions where necessary to complete this question.
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