Project Management: Checklist and Scoring Model Analysis Report

This project management assignment analyzes two IT projects (Demeter and Cairo) using a checklist model, evaluating them based on technology, ease of transition, and projected cost savings. The analysis concludes that Project Cairo is the better option. The assignment further evaluates four projects (A, B, C, and D) based on payoff potential, lack of risk, safety, and competitive advantage, using a checklist model to determine the best choice (Project D) and the worst (Project C). A scoring model is then employed, assigning importance weights and scores to each criterion, leading to a final weighted score for each project. The assignment concludes with a bibliography of relevant project management resources, demonstrating a structured approach to project selection and evaluation.

Running head: PROJECT MANAGEMENT
Project Management: Week 1 Answers
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
3.1 Checklist scoring for selection of bets project among two IT
projects
Project name Selection Criteria High Medium Low
Project Demeter Technology 
Ease of transition 
Projected cost savings 
Project Cairo Technology 
Ease of transition 
Projected cost savings 
Based on the checklist, and focused on all the ratings of the selection criteria, project
Cairo is better as compared to Project Demeter. Project Cairo scores higher in two selection
criteria such as ease of transition and project cost savings and one is medium and that is
technology. In case of Project Demeter, it scores higher in technology and projected cost
savings while lower in ease of transition. Due to its lower factors in one criteria, it is not so
better in comparison of project Cairo. Therefore, it is analyzed that Project Cairo in favour
for adopting.
3.2 Checklist model for choosing among four projects
Project Criteria High Medium Low
Project A Payoff potential 
Lack of risk 
Safety 

2PROJECT MANAGEMENT
Competitive
advantage

Project B Payoff potential 
Lack of risk 
Safety 
Competitive
advantage

Project C Payoff potential 
Lack of risk 
Safety 
Competitive
advantage

Project D Payoff potential 
Lack of risk 
Safety 
Competitive
advantage

Based on the above table of checklist model, it is analyzed that project D is the best
option to choose the ratings of this project are high and medium. Pay off potential and lack of
the project risk are high while safety as well as competitive advantage criteria are medium. It
is noticed that project C is worst as two of its criteria are low and two are high. Criteria’s
such as safety as well as competitive advantage are low while pay off potential and lack of
risk are high. Other projects such as Project A and Project B have only one criteria which is
lower. Therefore, Project D is the best option and Project C is the worst.

3PROJECT MANAGEMENT
3.3 Scoring Model
Projects Criteria Importance
weight (A)
Score (B) Weighted score
(A*B)
Project A Payoff potential 4 3 12
Lack of risk 3 1 3
Safety 1 3 3
Competitive
advantage
3 2 6
Total score 24
Project B Payoff potential 4 1 4
Lack of risk 3 2 6
Safety 1 2 2
Competitive
advantage
3 2 6
Total score 18
Project C Payoff potential 4 2 8
Lack of risk 3 2 6
Safety 1 1 1
Competitive
advantage
3 1 3
Total score 18
Project D Payoff potential 4 3 12
Lack of risk 3 3 9
Safety 1 2 2
Competitive 3 2 6

4PROJECT MANAGEMENT
advantage
Total score 29
The project D is the best as it has highest score of 29 as compared to project A (24),
Project B (18) and Project C (18).

5PROJECT MANAGEMENT
Bibliography
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach.
Routledge.
Heagney, J. (2016). Fundamentals of project management. Amacom.
Turner, R. (2016). Gower handbook of project management. Routledge.
Verzuh, E. (2015). The fast forward MBA in project management. John Wiley & Sons.