The project development and management principles are helpful for forming the analysis of the effective flow of operations (Model, 2015). The integration of the operations would involve the development of the effective operations. The following assignment would involve the use of project management tools and processes for implying the case study of application development in organization.
The project is developed for installing an application for forming the accurate operation and implementation process. The evolution of the app development project would tend to form the effective flow of the process methodology for forming the effective and improved operations (Balaji & Murugaiyan, 2012). The project involves the development of the effective implementation model within the operations of the project.
The objectives of the project of Application Development for Cobden Golf Club are,
The SWOT analysis of the Cobden Golf Club includes the analysis of the organization in terms of operations, marketing point of view and cost benefit analysis (Burke, 2013). The Swot analysis of the Cobden Golf Club is done in the diagram below,
Figure 1: SWOT analysis of Cobden Golf Club
(Source: Thamhain, 2013, pp-33)
The problem of the Cobden Golf Club is the lack of the technology advancement for the operations and functions (Martinelli & Milosevic, 2016). The existing facility of Cobden Golf Club would require some technological development for implementing the effective and smart operations. The club has to face the issue of competition from rival golf clubs and there has been a decrease in the overall customers in the organization.
The implementation of the improved services would help in forming the improvement of the operations by the effective use of technology. The application would tend to form the increase of the customers by the implication of the effective operations.
The project of application development in Cobden Golf Club would comprise of forming the following critical assumptions and constraints.
Assumptions: The assumptions taken in the project are that the project would be completed within the estimated time duration and resource, the resources required for the project would be easily available for accumulation, and the team members would work in harmony with each other.
Constraints: The constraints taken in the project are the time, budget and the limited scope of improvement. The constraints of the project would involve the deployment of limitation for the operations of the project.
The project development would involve the use of the proper scheduling and modification of the tools and operations. The involvement of the effective and improved employment model would involve the effective system implementation. The improvement of the operations would integrate the effective deployment of the operations. Some recommendations for the application development in Cobden Golf Club are,
Design Methodology: The use of effective design methodology would help in forming the integration of the operations for deploying the effective application in the club. The design methodology is developed for integrating the design of the application for implanting the effective operations.
Security Functions: The security of the data stored in the application would be a primary concern for Cobden Golf Club and it would involve the use of effective technologies and operations.
NPV and ROI calculation
The NPV and ROI calculation has been done by considering the following facts as provided in the case study of Application Development for Cobden Golf Club,
Initial Investment= $105,000.00
Breakdown of the initial investment,
Year 0à $80,000.00; Year 1à $10,000.00; Year 2à $10,000.00; Year 3à $5,000.00
Discounting rate= 7%
Cash Inflow for the project,
Year 0à $0.00; Year 1à $80,000.00; Year 2à $120,000.00; Year 3à $140,000.00
Discounting rate is not considered for cash inflow for calculation and The NPV and ROI is calculated in the table below,
|
Cost/Benefit Analysis for Smartphone App Implementation |
||||||
|
Year of Project |
||||||
|
year 0 |
year1 |
year 2 |
year 3 |
TOTAL |
||
|
Net economic benefit |
$80,000.00 |
$120,000.00 |
$140,000.00 |
|||
|
Discount Rate 7% |
1 |
0.9346 |
0.8734 |
0.8163 |
||
|
PV Of Benefits |
$0.00 |
$74,766.36 |
$104,812.65 |
$114,281.70 |
||
|
NPV of all BENEFITS |
$0.00 |
$74,766.36 |
$179,579.00 |
$293,860.71 |
$293,860.71 |
|
|
One Time Costs |
($105,000.00) |
|||||
|
Recurring Costs |
($80,000.00) |
($10,000.00) |
($10,000.00) |
($5,000.00) |
||
|
NPV Of All Costs |
($80,000.00) |
($90,000.00) |
($100,000.00) |
($105,000.00) |
($105,000.00) |
|
|
Overall NPV |
$188,860.71 |
|||||
|
ROI |
2.80 |
|||||
|
Actual ROI in % |
27.99 |
|||||
|
Breakeven analysis |
||||||
|
Yearly NPV Cash flow |
($105,000.00) |
$15,233.64 |
$79,579.00 |
$188,860.71 |
$188,860.71 |
$188,860.71 |
|
Overall NPV Cash flow |
($105,000.00) |
($120,233.64) |
$40,654.64 |
$148,206.06 |
$337,066.77 |
$525,927.47 |
|
Project Breakeven occurs between year 2 and 3, Actual Breakeven occurs at 2.51 years |
Table 1: NPV Calculation for the Project
(Source: Created by the author in Ms-Excel)
The payback period for the calculation of the project is shown in the diagram and below,
Figure 2: Payback Period Diagram for the project
(Source: Created by the author in Ms-Excel)
The following table would show the calculation of the payback period for the project,
|
Year |
Costs |
Benefits |
Cumulative Costs |
Cumulative Benefits |
|
0 |
$80,000.00 |
$0.00 |
$80,000.00 |
$0.00 |
|
1 |
$10,000.00 |
$74,766.36 |
$90,000.00 |
$74,766.36 |
|
2 |
$10,000.00 |
$179,579.00 |
$100,000.00 |
$254,345.36 |
|
3 |
$5,000.00 |
$293,860.71 |
$105,000.00 |
$548,206.07 |
Table 2: Payback Period Calculation for the Project
(Source: Created by the author in Ms-Excel)
The preliminary project requirements are the human and material resources that can be used for forming the effective flow of operations. The implementation of the operations would involve the development of the project requirements of both human and material resources. The resources of the project are shown in the table below,
|
Resource Name |
Activities |
|
Project Manager |
Making an estimation of resources required |
|
Project Initialization Meeting |
|
|
Submission of project initiation documents |
|
|
Approval of project |
|
|
Reviewing the plan outline |
|
|
Plan Approval |
|
|
Design Approval |
|
|
Submitting the final documents of approval |
|
|
Application is Approved |
|
|
Application is Released (Go Live) |
|
|
Planner |
Making initial Documents |
|
Charter Development |
|
|
Developing plan outline |
|
|
Making Complete Plan |
|
|
Making Final Documents |
|
|
Programmer 1 |
Reviewing the design |
|
Making Complete Design |
|
|
Programming the Functions |
|
|
Developing Cloud Database |
|
|
Integration of the database and application |
|
|
Performance Testing |
|
|
Usability Testing |
|
|
Prototype Testing |
|
|
Programmer 2 |
Reviewing the design |
|
Making Complete Design |
|
|
Coding Application |
|
|
Developing Cloud Database |
|
|
Integration of the database and application |
|
|
Performance Testing |
|
|
Usability Testing |
|
|
Prototype Testing |
|
|
Consultant |
Requirements Accumulation |
|
Developing Cost benefit analysis |
|
|
Selecting planning methodology |
|
|
Selecting Waterfall Design Methodology for Designing |
|
|
Digital Image Specialist |
Making Design Outline for the application |
|
Making the Interface on screen |
|
|
Hardware |
Requirements Accumulation |
|
Software |
Requirements Accumulation |
|
Archive |
Requirements Accumulation |
Table 3: Project Requirements
The budget estimation for the project is done by considering the resource estimation and effective previous reports and evaluation. The budget for the project of Smartphone Application Development for Cobden Golf Club is given below,
|
Project Budget Document |
||
|
Project Name: Smartphone Application Development for Cobden Golf Club |
||
|
Resource Name |
Work Duration |
Cost |
|
Project Manager |
48 hrs |
$3,840.00 |
|
Planner |
80 hrs |
$6,000.00 |
|
Programmer 1 |
256 hrs |
$14,592.00 |
|
Programmer 2 |
264 hrs |
$15,048.00 |
|
Digital Image Specialist |
36 hrs |
$2,052.00 |
|
Consultant |
28 hrs |
$2,100.00 |
|
Hardware |
1 |
$30,000.00 |
|
Software |
1 |
$25,000.00 |
|
Archive |
1 |
$6,000.00 |
|
Total |
$104,632.00 |
Table 4: Project Budget Estimation
(Source: Created by the author in Ms-Excel)
The project of Smartphone Application Development for Cobden Golf Club has been developed by using Waterfall Approach and its schedule has been given below,
|
WBS |
Task Name |
Duration |
Start |
Finish |
|
0 |
Smartphone Application Development for Cobden Golf Club |
65 days |
Mon 1/1/18 |
Fri 3/30/18 |
|
1 |
Requirement Analysis Phase |
8 days |
Mon 1/1/18 |
Wed 1/10/18 |
|
1.1 |
Making initial Documents |
1.5 days |
Mon 1/1/18 |
Tue 1/2/18 |
|
1.2 |
Requirements Accumulation |
2 days |
Tue 1/2/18 |
Thu 1/4/18 |
|
1.3 |
Making an estimation of resources required |
0.5 days |
Thu 1/4/18 |
Thu 1/4/18 |
|
1.4 |
Developing Cost benefit analysis |
0.5 days |
Fri 1/5/18 |
Fri 1/5/18 |
|
1.5 |
Charter Development |
1.5 days |
Fri 1/5/18 |
Mon 1/8/18 |
|
1.6 |
Project Initialization Meeting |
1 day |
Tue 1/9/18 |
Tue 1/9/18 |
|
1.7 |
Submission of project initiation documents |
0.5 days |
Wed 1/10/18 |
Wed 1/10/18 |
|
1.8 |
Approval of project |
0.5 days |
Wed 1/10/18 |
Wed 1/10/18 |
|
2 |
Planning and Designing Phase |
17 days |
Thu 1/11/18 |
Fri 2/2/18 |
|
2.1 |
Plan Development |
7 days |
Thu 1/11/18 |
Fri 1/19/18 |
|
2.1.1 |
Selecting planning methodology |
0.5 days |
Thu 1/11/18 |
Thu 1/11/18 |
|
2.1.2 |
Developing plan outline |
1.5 days |
Thu 1/11/18 |
Fri 1/12/18 |
|
2.1.3 |
Reviewing the plan outline |
1 day |
Mon 1/15/18 |
Mon 1/15/18 |
|
2.1.4 |
Making Complete Plan |
3.5 days |
Tue 1/16/18 |
Fri 1/19/18 |
|
2.1.5 |
Plan Approval |
0.5 days |
Fri 1/19/18 |
Fri 1/19/18 |
|
2.2 |
Design Development |
10 days |
Mon 1/22/18 |
Fri 2/2/18 |
|
2.2.1 |
Selecting Waterfall Design Methodology for Designing |
0.5 days |
Mon 1/22/18 |
Mon 1/22/18 |
|
2.2.2 |
Making Design Outline for the application |
1.5 days |
Mon 1/22/18 |
Tue 1/23/18 |
|
2.2.3 |
Reviewing the design |
1 day |
Wed 1/24/18 |
Wed 1/24/18 |
|
2.2.4 |
Making Complete Design |
6.5 days |
Thu 1/25/18 |
Fri 2/2/18 |
|
2.2.5 |
Design Approval |
0.5 days |
Fri 2/2/18 |
Fri 2/2/18 |
|
3 |
Application Development |
32 days |
Mon 2/5/18 |
Tue 3/20/18 |
|
3.1 |
Making the Interface on screen |
3 days |
Mon 2/5/18 |
Wed 2/7/18 |
|
3.2 |
Programming the Functions |
8 days |
Thu 2/8/18 |
Mon 2/19/18 |
|
3.3 |
Coding Application |
9 days |
Tue 2/20/18 |
Fri 3/2/18 |
|
3.4 |
Developing Cloud Database |
7 days |
Mon 3/5/18 |
Tue 3/13/18 |
|
3.5 |
Integration of the database and application |
5 days |
Wed 3/14/18 |
Tue 3/20/18 |
|
4 |
Testing Phase |
4.5 days |
Wed 3/21/18 |
Tue 3/27/18 |
|
4.1 |
Performance Testing |
1.5 days |
Wed 3/21/18 |
Thu 3/22/18 |
|
4.2 |
Usability Testing |
1.5 days |
Thu 3/22/18 |
Fri 3/23/18 |
|
4.3 |
Prototype Testing |
1.5 days |
Mon 3/26/18 |
Tue 3/27/18 |
|
5 |
Project Completion Phase |
3.5 days |
Tue 3/27/18 |
Fri 3/30/18 |
|
5.1 |
Making Final Documents |
2 days |
Tue 3/27/18 |
Thu 3/29/18 |
|
5.2 |
Submitting the final documents of approval |
0.5 days |
Thu 3/29/18 |
Thu 3/29/18 |
|
5.3 |
Application is Approved |
0.5 days |
Fri 3/30/18 |
Fri 3/30/18 |
|
5.4 |
Application is Released (Go Live) |
0.5 days |
Fri 3/30/18 |
Fri 3/30/18 |
|
6 |
Project is Closed |
0 days |
Fri 3/30/18 |
Fri 3/30/18 |
Table 5: Project Schedule
(Source: Created by the author)
The list of the potential risks are given below,
|
Serial Number |
Potential Risk |
|
1 |
Technology Risk |
|
2 |
Financial Risk |
|
3 |
Incomplete requirements |
|
4 |
Scope Risk |
|
5 |
Changing requirements |
Table 5: Potential Risks of the project
References
Artto, K. A., & Kahkonen, K. (2013). Managing risks in projects. Routledge.
Balaji, S., & Murugaiyan, M. S. (2012). Waterfall vs. V-Model vs. Agile: A comparative study on SDLC. International Journal of Information Technology and Business Management, 2(1), 26-30.
Burke, R. (2013). Project management: planning and control techniques. New Jersey, USA.
Kerzner, H. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Martinelli, R. J., & Milosevic, D. Z. (2016). Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons.
Model, W. (2015). Waterfall model. Luettavissa: https://www.waterfall-model. com/. Luettu, 3.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Thamhain, H. (2013). Managing risks in complex projects. Project Management Journal, 44(2), 20-35.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download