Development Of Online Cash Marketplace Platform – I-Crop For Globex

Project Description

This project is based on developing a new online cash marketplace platform “i-Crop” to support the existing services of Globex. In this project, a website and application will be developed to meet the requirements of organization as well as clients. The platform will help to bring the buyers and growers together in a single platform. This project will facilitate convenient and easy management along with selling or buying of warehoused grain.

Strategy: It has been identified that development of the Website and Application for i-Crop will help to the keep track of the various type of information and details about customers.

Customer: The development of the Website and the Application for i-Crop will help the customers to resolve their queries and get required information. The clients will be able to access i-Crop through any web browser or an application.

Financial: The platform that will be developed for the Globex will help the organization to achieve desired profits and gain excellence in their business process. The return on investment that will be achieved through the platform will be high for the business organization.

Operational: It has been determined that the development and implementation of the platform “i-Crop” will help to achieve the desired profit range. The development of the platform will ensure that the operations can be easily carried out within the business organization.

Social: The development of the platform will help to support communications between the clients so that buyers and growers can easily communicate for buying or selling warehoused grains.

Better: It has been determined that the new system will help to provide better services to both organization as well as clients rather than the existing system. It has been found that new system will help to enhance business operations of the organization.

Cheaper: The implementation of the new system will help to reduce the costs associated with resource as well as materials for business operations within the organization.

Faster: The new system will help to improve the response time required for clients and delay in the business process due to the time required for executing activities within the organization.

The below table illustrates the stakeholders that are associated with the project for developing the new system:

Rank	Impact	Metrics	Timeframe
1	Operational	This project would decrease the time and cost required for business operations within the organization.	2 months
2	Strategy	This project will help to keep track of the client details and requirements thus decrease of money.	1 month
3	Customer	This project will help in reducing the response time thus decrease of money.	1 month
4	Social	This project will help to develop proper communications between the client and organization thus there will be decrease of money.	2 months
5.	Financial	This project will help to achieve high return on investment and thus there will be increase of money.	6 months

The scope of this project is development of a new online cash marketplace platform “i-Crop” to support the business operations of Globex. The new system will help to bring the buyers and growers together in a single platform.

MOV – Measurable Organisational Value

In scope: The system will help to keep track and record details of the clients such as Name, Contact and other relevant information so that the response time could be easily reduced and business efficiency can be increased.

Out scope: Proper training have to be provided to the staffs for operating the new system such that business processes can be carried out effectively and as per requirement.

Procedure for scope management: The project deliverables will be approved at every stage of the project as per requirements of the stakeholders. The stakeholders will be associated at every stage of the project through proper communication procedures such that they are aware of the project deliverables.

People: Project Manager, Business Analyst, Website Designer, Application Designer, Website Developer, Application Developer, Tester, Quality Analyst, Technical Writer

Technology: Mobile application platform, Web designing tools, Website Development platform, Website Domain

Facilities: Testing Facility, Research and Development Facility, Design Facility

WBS	Task Name	Duration	Start	Finish
1	Phase 1 – Initiation	10 days	Mon 10/8/18	Fri 10/19/18
M1	Project charter sign-off	0 days	Fri 10/19/18	Fri 10/19/18
2	Phase 2 – Planning	11 days	Mon 10/22/18	Mon 11/5/18
M2	Approval of plan	0 days	Mon 11/5/18	Mon 11/5/18
3	Phase 3 – Design	39 days	Tue 11/6/18	Fri 12/28/18
3.1	Designing the Website	17 days	Tue 11/6/18	Wed 11/28/18
M3	Approval of website design	0 days	Wed 11/28/18	Wed 11/28/18
3.2	Designing the Application	22 days	Thu 11/29/18	Fri 12/28/18
M4	Approval of application design	0 days	Fri 12/28/18	Fri 12/28/18
4	Phase 4 – Development	35 days	Mon 12/31/18	Fri 2/15/19
4.1	Development of website	19 days	Mon 12/31/18	Thu 1/24/19
M5	Completion of website development	0 days	Thu 1/24/19	Thu 1/24/19
4.2	Development of Mobile Application	17 days	Thu 1/24/19	Fri 2/15/19
M6	Completion of Application Development	0 days	Fri 2/15/19	Fri 2/15/19
5	Phase 5 – Closure	5 days	Mon 2/18/19	Fri 2/22/19
M7	Closure of project	0 days	Fri 2/22/19	Fri 2/22/19

WBS	Task Name
0	Website and Application Development project for i-Crop
1	Phase 1 – Initiation
1.1	Requirements gathering and analysis
1.2	Development of project charter
1.3	Documentation of the initial project plan
M1	Project charter sign-off
2	Phase 2 – Planning
2.1	Selection of suitable project management methodology
2.2	Outlining the plan for project
2.3	Review of designed plan
2.4	Completion of project plan
M2	Approval of plan
3	Phase 3 – Design
3.1	Designing the Website
3.1.1	Selecting the platform for website development
3.1.2	Designing outline for the website
3.1.3	Reviewing the website design
3.1.4	Completing the design of website
M3	Approval of website design
3.2	Designing the Application
3.2.1	Selecting the platform for application development
3.2.2	Designing outline for the application
3.2.3	Review of the application design
3.2.4	Completing the design of application
M4	Approval of application design
4	Phase 4 – Development
4.1	Development of website
4.1.1	Acquiring domain for website
4.1.2	Developing the interface for website
4.1.3	Alignment of the functions as per requirement
4.1.4	Developing the website functionalities
4.1.5	Checking compatibility of website
M5	Completion of website development
4.2	Development of Mobile Application
4.2.1	Developing the interface for mobile application
4.2.2	Developing the application modules
4.2.3	Testing of the modules
4.2.4	Integrating the application
M6	Completion of Application Development
5	Phase 5 – Closure
5.1	Review of post project implementation
5.2	Documenting Lessons Learned
5.3	Development of closure checklist
5.4	Project evaluation
M7	Closure of project

The budget that has been estimated for the project is $68,074.00 and an overview of the cash flow for this project is presented as below:

WBS	Task Name	Cost
0	Website and Application Development project for i-Crop	$68,074.00
1	Phase 1 – Initiation	$6,080.00
1.1	Requirements gathering and analysis	$1,680.00
1.2	Development of project charter	$3,200.00
1.3	Documentation of the initial project plan	$1,200.00
M1	Project charter sign-off	$0.00
2	Phase 2 – Planning	$6,080.00
2.1	Selection of suitable project management methodology	$800.00
2.2	Outlining the plan for project	$2,560.00
2.3	Review of designed plan	$1,520.00
2.4	Completion of project plan	$1,200.00
M2	Approval of plan	$0.00
3	Phase 3 – Design	$21,080.00
3.1	Designing the Website	$9,740.00
3.1.1	Selecting the platform for website development	$1,360.00
3.1.2	Designing outline for the website	$1,600.00
3.1.3	Reviewing the website design	$2,040.00
3.1.4	Completing the design of website	$4,740.00
M3	Approval of website design	$0.00
3.2	Designing the Application	$11,340.00
3.2.1	Selecting the platform for application development	$1,360.00
3.2.2	Designing outline for the application	$2,240.00
3.2.3	Review of the application design	$2,040.00
3.2.4	Completing the design of application	$5,700.00
M4	Approval of application design	$0.00
4	Phase 4 – Development	$31,874.00
4.1	Development of website	$19,706.00
4.1.1	Acquiring domain for website	$10,970.00
4.1.2	Developing the interface for website	$1,440.00
4.1.3	Alignment of the functions as per requirement	$4,760.00
4.1.4	Developing the website functionalities	$1,800.00
4.1.5	Checking compatibility of website	$736.00
M5	Completion of website development	$0.00
4.2	Development of Mobile Application	$12,168.00
4.2.1	Developing the interface for mobile application	$4,300.00
4.2.2	Developing the application modules	$5,020.00
4.2.3	Testing of the modules	$2,208.00
4.2.4	Integrating the application	$640.00
M6	Completion of Application Development	$0.00
5	Phase 5 – Closure	$2,960.00
5.1	Review of post project implementation	$1,680.00
5.2	Documenting Lessons Learned	$240.00
5.3	Development of closure checklist	$640.00
5.4	Project evaluation	$400.00
M7	Closure of project	$0.00

Budget: The budget of the project has been prepared considering the costs associated with resources including people as well as material after analysis of the requirements.

Time: The time for completing the project has been estimated properly through proper discussions in project team meeting.

Schedule: The timeline for project has been developed by the Project Manager after determining the required activities.

Resources: The resource allocation has been done as expected and there is no issues of resource over allocation in the project plan.

No.	Rank	Risk	Description	Category	Risk Owner	Probability	Impact	Mitigation Strategy
R12	1	Over budgeting	Improper allocation and determination of budget for the project.	Financial risk	Project manager	Medium	High	Effective planning and proper budget development.
R08	2	Requirements analysis	Improper requirements gathering and difficulty in identification of client requirements.	People risk	Project Manager	Medium	High	Proper requirements gathering and identification have to be carried out.
R06	3	Technical issues or System Failure	Improper system maintenance may lead to errors or fault in the system	Technical risk	Developer	High	High	Proper maintenance procedures have to be followed and carried out on a regular basis.
R18	4	Delay in project	Progress of project is not according to the developed schedule.	Schedule risk	Project manager	Medium	Medium	The project progress should be evaluated and monitored continuously.
R30	5	Lack of resources	Lack or unavailability of resource during project execution.	Resource risk	Project manager	Medium	Medium	The resource allocation has to be done efficiently such that there is no over allocation.

Probability of occurrence	Impact of occurrence
	Very low	Low	Medium	High	Very high
Very low
Low
Medium			Resource risk	People risk and Financial risk
High			Schedule risk	Technical risk
Very high

Name of the project: i-Crop platform Design for Globex	Name of the Project Manager: (Please enter your name)
S No.	Quality issues	Mitigation Time	Method	Owner	Status
1	The devices being used for the system are no compatible with existing hardware and poor quality.	15 days	Inspection	Quality Analyst	Open
2	Improper training or inadequate skills of the staffs within the organization may lead to major error or issue in the new system.	1 months	Inspection	Project manager	Open
3	The quality of the status reports or other reports that were developed are not proper and good quality.	2 months	Inspection	Project manager	Open

In context to this particular project, it has been identified that verification and validation testing is required to ensure that the project outcomes are as per the desired quality.

Validation testing: This testing is required mainly for evaluation of the new system while it is in development phase. This testing will help to determine whether the system is able to meet the desired requirements of client as well as organization.

Verification testing: This testing is required to determine whether the new system will be according to the quality standards and conditions of the organization. The success criteria evaluation for the new system will help to reflect whether the new system is beneficial for the business organization.

Checklist Item	Yes/No
Progress of the project as per schedule	¨
Improvements in the resource allocation	¨
Closure of the project documentation with post implementation review	¨
Design of the system as per requirements	¨
Outcomes are as per expectation from the project	¨

The evaluation of the project will be carried out by checking the completion of various activities as below:

• Checking proper documentation of the project documents
• Approval of design and plan of the project
• Outcomes are as per the desired goals and requirements
• Post implementation review is conducted successfully

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