Inputs (Xs) and outputs (Ys) from potential project areas are identified by the
ID: 371905 • Letter: I
Question
Inputs (Xs) and outputs (Ys) from potential project areas are identified by the executive personnel. They are then mapped onto an XY matrix so that the most influential inputs can be identified in order for a team to be assigned to work on an improvement project that will have the greatest impact on key business objectives. The executives have ranked the outputs on a scale of 1 to 10 for importance to the business success as shown in the matrix below. The inputs were also rated regarding how much each input impacts each output. No score was given to inputs that have no correlation to an output (we do not use zero). One (1) was given to inputs that have low positive correlation to the output and ten (10) was given to inputs that have high positive correlation to the output. Calculate the rank of each input variable to determine which input has the most bearing on the stated outputs. Which input area should the team choose to focus on for an improvement project in order to provide the company with the greatest impact toward achieving the key business objectives?
(Please be very clear and neat, I dont fully understand this topic)
XY Matrix
Output
Company Growth
Customer Retention
Quality
Productivity
Low Cost
Total
Project Area Rank
Executive Ranking:
3
8
9
6
7
Inputs
Space Utilization
7
2
5
5
5
Inventory Management
5
3
6
8
5
Receiving Cycle Times
2
8
2
Safety Management
3
4
7
3
Packaging Design
1
3
2
2
3
XY Matrix
Output
Company Growth
Customer Retention
Quality
Productivity
Low Cost
Total
Project Area Rank
Executive Ranking:
3
8
9
6
7
Inputs
Space Utilization
7
2
5
5
5
Inventory Management
5
3
6
8
5
Receiving Cycle Times
2
8
2
Safety Management
3
4
7
3
Packaging Design
1
3
2
2
3
Explanation / Answer
First of all thanks for posting the question.
Initially it depends on which model your company is using to build the project.
if its Agile then you have to make the changes as per client's requirements.
Second, if all the requirements are already closed then you can ask for time to your Project Manager because changes have been made. Right now you can contact your PM and Client for the Same they will help you.
Don't get stressed because things will not work properly if you do so.
If you can work extra hours (which should be billable), just do that.
Make the record of all changes that client is making and show it to PM so that he/she will get to know about it and will give you more time to develop.
Keep in Mind following things for your future:-
Start with the intention to develop a healthy relationship with your client
Educate your client about the real purpose of a revision.
Don't jump into doing a revision right after the client has provided their initial comments.
Clearly, define when change requests will be considered extra work and how this will be billed
Don't forget to show your goodwill and flexibility.