Time to market is also important one should always

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Time to market is also important. One should always consider a time when making a project. A delay in the process of bringing a project to the market means there is a high chance that somebody will do it before you do. The availability of a project measures the possibility that whether a product can become widespread and become well- known by many. Project Criteria Importance Weight (A) Score (B) Weighted Score (A) x (B) Namder Cost 1 3 3 Potential Benefits 2 3 6 Development Risk 2 1 2 Time to Market 3 2 6 Availability to Customers 1 3 3 User-friendly 3 3 9 Total Score 29 Likey Cost 1 3 3 Potential Benefits 2 1 2 Development Risk 2 3 6 Time to Market 3 2 6 Availability to Customers 1 1 1 Page 13 of 17
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User-friendly 3 2 6 Total Score 24 In the table above, the numbers in the column labeled Importance Weight specifies the numerical values that we have assigned to each criterion: 1. Time to market always receives a value of 3. 2. Profit potential a value of 2. 3. Development risk a value of 2. 4. Cost a value of 1 5. The availability to customers a value of 1. 6. User-friendly a value of 3 We then assign relative values to each of our five dimensions. The numbers in the column labeled Score High = 3 Medium = 2 Low = 1 In the project Namder: When evaluating the project Namder, we decide to give Namder 2 in cost because Namder is not as expensive as organizing a matchmaking service, but it also not too cheap to develop. Development risk receives a score of 3. The explanation for this is Namder is relatively new and unique as it applies artificial intelligence in matching people together and guarantees people with a long-lasting relationship. As soon as the project is completed it will storm the market and available to customers, for nowadays smartphone is a must-have item for everyone. The potential benefit is rather high as dating online is becoming more and more popular these days and it would draw attention as well as money from society. An application like Namder has to be easy to use in order not to make too difficult for the customers to use. Thus, an user- Page 14 of 17
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friendly application is an essential element when we are planning to program Namder. In the project Likey: When giving Likey a score of 1 for Cost, it is understandable because there is hardly any project that is cheap but proves to be useful. When we consider the availability to customers, Likey does not stand a chance against Namder. The potential benefits of Likey are less than Namder when we compare the two. Likey is a matchmaking service while Namder is an app that can be downloaded to the smartphone and give users a widespread connection. Only those who sign up for the service can show up in the matchmaking day and it’s a drawback. Such services have long appeared in countries around the world;
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