A Project Dilemma At Canadian Shield Insurance Essay

incomingAfter reading the case, you ought to realize that our protagonist, Seamus Reynolds, is between the proverbial rock and a hard spot and you argon probably thinking I would scorn to be him.Guess what?You are going to be him in this assignment. in that respect is quantitative data in the case that we evoke analyze however, we are also going to quantify the qualitative data leave aloned think of it as reducing numerical and non-numerical data to a set of numbers we can use to make a finis. Yes, you read that correctly, attach numbers to data without numbers. Exhibit 3 of the case all(a)ow accomplish this for us and is called a Scorecard. A bit of history on this method from your long in the tooth Instructor.Scorecard analysis was made popular by a Kepner Tregoe conclusion making model dating back to the 1950s. In essence, a end is made by gathering information, prioritizing it and then evaluating it. The following link provide a quick primer on the methodKepner Tregoe D ecision makeWe are going to use a scorecard to assist in the decision about which of the 3 information systems Seamus should recommend to upper management. one of the scorecard inputs (called NPV in Exhibit 3) involves the terms for each system (capital cost and operating costs). Here we will take the present value of the social class 1 to socio-economic class 5 operating costs and add them to the Year 0 capital cost (if applicable) to nail a TCO. In these calculations we will be ignoring sunk costs (hint Google sunk cost).In addition to the in a higher place decision making criteria we will take a look at the human side of sunk costs, learn from IS implementations, IS make vs. misdirectand determine who should be making a crucial IS decision for an absolute company.Lab pleadment Questions 146 Marks in Total1. Open the jump burden Lab Assignment 6 PV and Scorecard Template.xlsx and select the PV cost worksheet. After inputting the table data (6 mark), calculate the PV to Operate System for all 3 scenarios provided (30 marks). 36 marks total 2. Select the Scorecard worksheet. Assign a Weight to ? scorecard items, then calculate the scores for the 3 IS options. 45 marksAnswer the following questions on a red-hot worksheet in the above Excel data file and when done, upload to the designated Sharein folder.3. Based on your calculations in (1) and (2) above, which IS Option would you recommend that Seamus select? 5 marks 4. Should the decision to select an IS option be left solely to Seamus? let off. 10 marks 5. The concept of sunk costs is simple to apply in theory. Explain applying this theory to the calculations in (1) above from a Capital Cost and commonwealth point of view. 10 marks 6. Read the Qualifiers vs. Competes.pdf file. In light of what the file says, comment about the scorecard that the Ivey case writers compiled. 10 marks If you swear there an alternative or 4th solution that Seamus superpower recommend, what might it be?Explain. 10 marks 7. Read the IT Value Metrics_ How to Communicate ROI to the Business.pdf file, in particular the chart on Page 5/6. Next, open the file named Investing in the IT That Makes a Competitive Difference.pdf, go to Page 5 and study the charts and their message (and any accompanying prose in the article). Based on these 2 files and the case data, is it crucial that Canadian Shield Insurance financial support up with/get ahead of the Joness (i.e., keep up/get ahead of the competition)? Explain. 20 marks