15 Jun Portfolios they must be specific, measurable, assignable, realis

Portfolios they must be specific, measurable, assignable, realistic, timed, and open for everyone to see.Give an example of a SMARTO objective – example consider a recent BU strategic objective  Colleges should introduce professional programs and increase student enrolments by 12%(I have completed S – you can introduce others, make assumptions as needed).S – BU plans to introduce Professional Programs M -A -R -T -O –Question 2 – Boston University has acquired SAP and enterprise resource management software. They are considering which projects to implement next.  Provide a scenario where the critical success factors are: cost, customer need, time to market, development risks. Scoring Criterion Weight (scale 1 to 5)  Cost 5. (Very important to customer)Time to Market  2 (How quickly we can build the system)Customer need  3 ( How quickly the customer will need the system)Development risks  4 (How important is Project Risk)On assessing the system we believe the matrix numbers for each project scored as follows: Project 1 – HR System was scored at 3, 1, 1, 2Project 2 – Payroll System was scored at 2, 1, 3, 2Project 3 – Travel Reimbursement System was scored at 1, 1, 1, 3Project 4 – Procurement System was scored at 3, 2, 4, 2Which portfolio of projects is going to be recommended by BU for implementation? Assume that two projects can be funded.FUNDED: _____________________________-REJECTED: _____________________________CALCULATIONS shown belowQuestion 3: Consider Portfolio Management tools like Meisterplan write 6 bullets describing how useful this tool is for your project. What helpful functions does it provide?