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You are a project manager for a current project that you are managing for a small firm. You have received three possible solutions from three
You are a project manager for a current project that you are managing for a small firm. You have received three possible solutions from three different vendors. This project has two constraintscost and schedule. Management has determined that a cost of $15,000 or less would be good but up to $20,000 is acceptable. Management also has determined that a completion time of 180 days or less would be good but up to 240 days would be acceptable. The business user team has determined that there are five business requirements that they would like to see with the final product. The firm utilizes a numbering system between 1 and 5 to determine if the vendor's proposal satisfies the constraints and requirements. For constraints, the firm usually rates proposals that meet the good criteria with the number 5, proposals that meet acceptable with the number 3, and those that do not meet the criteria limits would be rated with the number of 1. Regarding requirements, if the proposal fully satisfies the requirement, then it would be rated with the number 5. If the proposal satisfies at least 60% of the requirement, then it would be rated with the number 3. All other
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