Project Selection and Planning

board of directors wants to continue consideration of a new WebStore for the company. They have asked you to assist them in selecting and initiating which project to do. They are considering a WebStore for 1 of their following 3 target markets:

Corporate furniture

Home office furniture

Student furniture

Presentation (10 to 16 slides)

Executive summary (3 to 4 pages)

Address the following components in your presentation or executive summary :

Explain 4 methods for identifying and selecting IS projects.

Compare the characteristics of each method, and identify the strengths and weaknesses of each method.

Identify valuation criteria when classifying and ranking the 3-target market projects.

Rank the 3-target market projects.

Summarize the project initiation and planning process, and identify the next steps for Pine Valley Furniture’s board of directors.