Measurable organizational value in important for defining the goals of the project. According to the measurable organizational value, every project that is undertaken by the organization should align with the vision mission and the strategy of an organization (Kerzner & Kerzner, 2017). The project is expected to have an impact on the different areas which includes Customer, financial, operation and strategy (Marchewka, 2014). The ranking of these area of impact in the order of their importance are indicated in the following table (Larson, Gray, Danlin, Honig & Bacarini, 2014)-
Areas of Impact |
Rank |
Operations |
1 |
Strategy |
2 |
Customers |
3 |
Financial |
4 |
The values that the project will bring to the company are as follows (Harrison & Lock, 2017)-
The metrics that will help in easier measurement of the MOV of the organization related to the expectations of the stakeholders.
It is essential to identify the scope of the project for easier formulation of the project plan. The scope of this project is to implement a website and i-Crop application in house and in as inexpensive manner as possible. The scope will be managed by following certain steps which are as follows (Heagney, 2016)-
The resources allocated for the project are as follows-
Resource Name |
Max. Units |
Std. Rate |
Ovt. Rate |
Cost/Use |
Project Manager |
100% |
$80.00/hr |
$0.00/hr |
$0.00 |
Resource Manager |
100% |
$40.00/hr |
$0.00/hr |
$0.00 |
Project Supervisor |
100% |
$30.00/hr |
$0.00/hr |
$0.00 |
Coding Team |
600% |
$40.00/hr |
$0.00/hr |
$0.00 |
Testing Team |
300% |
$50.00/hr |
$0.00/hr |
$0.00 |
Database Administrator |
100% |
$20.00/hr |
$0.00/hr |
$0.00 |
Software licensing cost |
$0.00 |
$75,000.00 |
||
Training Team |
300% |
$30.00/hr |
$0.00/hr |
$0.00 |
Archive |
$0.00 |
$5,000.00 |
||
Documentation |
$1,000.00 |
$0.00 |
The Major Milestones of the project are as follows-
M1: Project Initiated
M2: Development of Project Plan
M3: Completion of Development of application and website
M4: Completion of Testing Phase
M5: Completion of project release
M6: Project Closure
The activities the project will be following are represented in the following table-
WBS |
Task Name |
Duration |
0 |
iCrop |
121 days |
1 |
Project Starts |
0 days |
2 |
Project Initiation |
18 days |
2.1 |
Requirements Gathering |
6 days |
2.2 |
Meeting with Client |
7 days |
2.3 |
Documenting the Requirements |
3 days |
2.4 |
Documentation |
2 days |
2.5 |
M1:Project Initiated |
0 days |
3 |
Project Planning |
17 days |
3.1 |
Project Scheduling |
5 days |
3.2 |
Resource Estimation |
3 days |
3.3 |
Budget Identification |
5 days |
3.4 |
Resource Allocation |
6 days |
3.5 |
Documentation |
1 day |
3.6 |
M2: Development of Project Plan |
0 days |
4 |
Project Execution |
28 days |
4.1 |
Coding |
20 days |
4.2 |
Database Coding |
15 days |
4.3 |
Linking the i-Crop Application to Database |
10 days |
4.4 |
Documenting the activities |
3 days |
4.5 |
M3: Completion of Development of application and website |
0 days |
5 |
Testing |
35 days |
5.1 |
Unit Testing |
15 days |
5.2 |
System testing |
7 days |
5.3 |
User acceptance testing |
6 days |
5.4 |
Bug Fixing (if any) |
7 days |
5.5 |
M4: Completion of Testing Phase |
0 days |
6 |
Launch |
12 days |
6.1 |
Website Launch |
2 days |
6.2 |
Training |
10 days |
6.3 |
M5: Completion of project release |
0 days |
7 |
Project Closure |
11 days |
7.1 |
Project Evaluation |
5 days |
7.2 |
Report Generation |
3 days |
7.3 |
Payment Completion |
2 days |
7.4 |
Client Sign off |
1 day |
7.5 |
M6: Project Closure |
0 days |
8 |
Project ends |
0 days |
The Resource assignment with each task is as follows-
Task Name |
Duration |
Resource Names |
iCrop |
121 days |
|
Project Starts |
0 days |
Project Manager |
Project Initiation |
18 days |
|
Requirements Gathering |
6 days |
Project Manager, Resource Manager |
Meeting with Client |
7 days |
Project Manager |
Documenting the Requirements |
3 days |
Archive[1],Documentation[1] |
Documentation |
2 days |
Project Manager |
M1:Project Initiated |
0 days |
|
Project Planning |
17 days |
|
Project Scheduling |
5 days |
Project Manager, Project Supervisor |
Resource Estimation |
3 days |
Project Manager, Project Supervisor |
Budget Identification |
5 days |
Project Manager, Resource Manager |
Resource Allocation |
6 days |
Resource Manager |
Documentation |
1 day |
Resource Manager |
M2: Development of Project Plan |
0 days |
|
Project Execution |
28 days |
|
Coding |
20 days |
Coding Team |
Database Coding |
15 days |
Coding Team, Software licensing cost[1] |
Linking the i-Crop Application to Database |
10 days |
Coding Team, Database Administrator |
Documenting the activities |
3 days |
Archive[1],Documentation[1] |
M3: Completion of Development of application and website |
0 days |
|
Testing |
35 days |
|
Unit Testing |
15 days |
Testing Team |
System testing |
7 days |
Testing Team |
User acceptance testing |
6 days |
Testing Team |
Bug Fixing (if any) |
7 days |
Testing Team |
M4: Completion of Testing Phase |
0 days |
|
Launch |
12 days |
|
Website Launch |
2 days |
Training Team |
Training |
10 days |
Training Team |
M5: Completion of project release |
0 days |
|
Project Closure |
11 days |
|
Project Evaluation |
5 days |
Archive[1],Documentation[1] |
Report Generation |
3 days |
Archive[1] |
Payment Completion |
2 days |
Project Manager |
Client Sign off |
1 day |
Project Manager |
M6: Project Closure |
0 days |
|
Project ends |
0 days |
Project Manager |
The time estimates for each activities are as follows-
WBS |
Task Name |
Duration |
Start |
Finish |
0 |
iCrop |
121 days |
Tue 02-10-18 |
Tue 19-03-19 |
1 |
Project Starts |
0 days |
Tue 02-10-18 |
Tue 02-10-18 |
2 |
Project Initiation |
18 days |
Tue 02-10-18 |
Thu 25-10-18 |
2.1 |
Requirements Gathering |
6 days |
Tue 02-10-18 |
Tue 09-10-18 |
2.2 |
Meeting with Client |
7 days |
Wed 10-10-18 |
Thu 18-10-18 |
2.3 |
Documenting the Requirements |
3 days |
Fri 19-10-18 |
Tue 23-10-18 |
2.4 |
Documentation |
2 days |
Wed 24-10-18 |
Thu 25-10-18 |
2.5 |
M1:Project Initiated |
0 days |
Thu 25-10-18 |
Thu 25-10-18 |
3 |
Project Planning |
17 days |
Fri 26-10-18 |
Mon 19-11-18 |
3.1 |
Project Scheduling |
5 days |
Fri 26-10-18 |
Thu 01-11-18 |
3.2 |
Resource Estimation |
3 days |
Fri 02-11-18 |
Tue 06-11-18 |
3.3 |
Budget Identification |
5 days |
Fri 02-11-18 |
Thu 08-11-18 |
3.4 |
Resource Allocation |
6 days |
Fri 09-11-18 |
Fri 16-11-18 |
3.5 |
Documentation |
1 day |
Mon 19-11-18 |
Mon 19-11-18 |
3.6 |
M2: Development of Project Plan |
0 days |
Mon 19-11-18 |
Mon 19-11-18 |
4 |
Project Execution |
28 days |
Tue 20-11-18 |
Thu 27-12-18 |
4.1 |
Coding |
20 days |
Tue 20-11-18 |
Mon 17-12-18 |
4.2 |
Database Coding |
15 days |
Tue 20-11-18 |
Mon 10-12-18 |
4.3 |
Linking the i-Crop Application to Database |
10 days |
Tue 11-12-18 |
Mon 24-12-18 |
4.4 |
Documenting the activities |
3 days |
Tue 25-12-18 |
Thu 27-12-18 |
4.5 |
M3: Completion of Development of application and website |
0 days |
Thu 27-12-18 |
Thu 27-12-18 |
5 |
Testing |
35 days |
Fri 28-12-18 |
Thu 14-02-19 |
5.1 |
Unit Testing |
15 days |
Fri 28-12-18 |
Thu 17-01-19 |
5.2 |
System testing |
7 days |
Fri 18-01-19 |
Mon 28-01-19 |
5.3 |
User acceptance testing |
6 days |
Tue 29-01-19 |
Tue 05-02-19 |
5.4 |
Bug Fixing (if any) |
7 days |
Wed 06-02-19 |
Thu 14-02-19 |
5.5 |
M4: Completion of Testing Phase |
0 days |
Thu 14-02-19 |
Thu 14-02-19 |
6 |
Launch |
12 days |
Fri 15-02-19 |
Mon 04-03-19 |
6.1 |
Website Launch |
2 days |
Fri 15-02-19 |
Mon 18-02-19 |
6.2 |
Training |
10 days |
Tue 19-02-19 |
Mon 04-03-19 |
6.3 |
M5: Completion of project release |
0 days |
Mon 04-03-19 |
Mon 04-03-19 |
7 |
Project Closure |
11 days |
Tue 05-03-19 |
Tue 19-03-19 |
7.1 |
Project Evaluation |
5 days |
Tue 05-03-19 |
Mon 11-03-19 |
7.2 |
Report Generation |
3 days |
Tue 12-03-19 |
Thu 14-03-19 |
7.3 |
Payment Completion |
2 days |
Fri 15-03-19 |
Mon 18-03-19 |
7.4 |
Client Sign off |
1 day |
Tue 19-03-19 |
Tue 19-03-19 |
7.5 |
M6: Project Closure |
0 days |
Tue 19-03-19 |
Tue 19-03-19 |
8 |
Project ends |
0 days |
Tue 19-03-19 |
Tue 19-03-19 |
The Gantt chart of the project is represented in the picture below-
The work activities marked in red in the Gantt chart above depict the critical path of the project
Task Name |
Duration |
Resource Names |
Cost |
iCrop |
121 days |
$158,400.00 |
|
Project Starts |
0 days |
Project Manager |
$0.00 |
Project Initiation |
18 days |
$17,520.00 |
|
Requirements Gathering |
6 days |
Project Manager, Resource Manager |
$5,760.00 |
Meeting with Client |
7 days |
Project Manager |
$4,480.00 |
Documenting the Requirements |
3 days |
Archive[1],Documentation[1] |
$6,000.00 |
Documentation |
2 days |
Project Manager |
$1,280.00 |
M1:Project Initiated |
0 days |
$0.00 |
|
Project Planning |
17 days |
$14,080.00 |
|
Project Scheduling |
5 days |
Project Manager, Project Supervisor |
$4,400.00 |
Resource Estimation |
3 days |
Project Manager, Project Supervisor |
$2,640.00 |
Budget Identification |
5 days |
Project Manager, Resource Manager |
$4,800.00 |
Resource Allocation |
6 days |
Resource Manager |
$1,920.00 |
Documentation |
1 day |
Resource Manager |
$320.00 |
M2: Development of Project Plan |
0 days |
$0.00 |
|
Project Execution |
28 days |
$97,000.00 |
|
Coding |
20 days |
Coding Team |
$6,400.00 |
Database Coding |
15 days |
Coding Team, Software licensing cost[1] |
$79,800.00 |
Linking the i-Crop Application to Database |
10 days |
Coding Team, Database Administrator |
$4,800.00 |
Documenting the activities |
3 days |
Archive[1],Documentation[1] |
$6,000.00 |
M3: Completion of Development of application and website |
0 days |
$0.00 |
|
Testing |
35 days |
$14,000.00 |
|
Unit Testing |
15 days |
Testing Team |
$6,000.00 |
System testing |
7 days |
Testing Team |
$2,800.00 |
User acceptance testing |
6 days |
Testing Team |
$2,400.00 |
Bug Fixing (if any) |
7 days |
Testing Team |
$2,800.00 |
M4: Completion of Testing Phase |
0 days |
$0.00 |
|
Launch |
12 days |
$2,880.00 |
|
Website Launch |
2 days |
Training Team |
$480.00 |
Training |
10 days |
Training Team |
$2,400.00 |
M5: Completion of project release |
0 days |
$0.00 |
|
Project Closure |
11 days |
$12,920.00 |
|
Project Evaluation |
5 days |
Archive[1],Documentation[1] |
$6,000.00 |
Report Generation |
3 days |
Archive[1] |
$5,000.00 |
Payment Completion |
2 days |
Project Manager |
$1,280.00 |
Client Sign off |
1 day |
Project Manager |
$640.00 |
M6: Project Closure |
0 days |
$0.00 |
|
Project ends |
0 days |
Project Manager |
$0.00 |
Successful completion of this project is essential for Globex and therefore, certain assumptions are made while detailing the project plan. The assumptions are as follows (Nicholas & Steyn, 2017)-
There are certain risks associated with the in house development of the application and the website. The five major risks associated with this project are as follows (Marcelino-Sádaba, Pérez-Ezcurdia, Lazcano & Villanueva, 2014)-
The analysis of the risks identified in the previous section in outlined in the following table-
Risks |
Severity |
Risk Responsibility |
Mitigation |
Risk in Project Budget |
High |
Project Manager |
A realistic budget is needed to be set. |
Technical Risks |
Medium |
Technical Team |
A team of exerts should continuously monitor the project (Pritchard & PMP, 2014) |
Project Scheduling risks |
Medium |
Project Manager |
Scheduling should be done during the development of project plan |
Risk of Resource shortage |
High |
Resource Manager |
The resources are needed to be allocated in the initiation stage |
Risk of Scope Creep |
Low |
Project Manager |
Strict requirements and the objectives of the project should be followed (Hopkin, 2018). |
Quality is important for every project. Managing the quality of the project is essential since a completed project is needed to be delivered to the client. For ensuring correct project delivery, a set of verification and validation activities that will be followed in this project has been identified (Desmond, 2014). The set of verification activities related to the development of i-Crop application and website are as follows-
The identified validation activities for the project are as follows-
The checklist that is prepared for the project closure phase is as follows-
Checking whether the project objectives are met |
Yes |
Project Evaluation |
Yes |
Documenting the evaluation reports |
Yes |
Resource Release |
Yes |
Client Sign Off |
Yes |
Project evaluation is an important characteristic of a project as it ensures delivery of a successfully completed project that meets all the requirements specified by the client (Martinelli & Milosevic, 2016). The MOV of the project will be evaluated on basis of the following characteristics-
References
Beringer, C., Jonas, D., & Kock, A. (2013). Behavior of internal stakeholders in project portfolio management and its impact on success. International Journal of Project Management, 31(6), 830-846.
Davis, K. (2014). Different stakeholder groups and their perceptions of project success. International journal of project management, 32(2), 189-201.
Desmond, C. (2014). Project management tools. IEEE Engineering Management Review, 42(4), 11-12.
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach. Routledge.
Heagney, J. (2016). Fundamentals of project management. Amacom.
Hopkin, P. (2018). Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Larson, E. W., Gray, C. F., Danlin, U., Honig, B., & Bacarini, D. (2014). Project management: The managerial process (Vol. 6). Grandview Heights, OH: McGraw-Hill Education.
Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A. M. E., & Villanueva, P. (2014). Project risk management methodology for small firms. International journal of project management, 32(2), 327-340.
Marchewka, J. T. (2014). Information technology project management. John Wiley & Sons.
Martinelli, R. J., & Milosevic, D. Z. (2016). Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and technology. Routledge.
Pritchard, C. L., & PMP, P. R. (2014). Risk management: concepts and guidance. Auerbach Publications.
Todorovi?, M. L., Petrovi?, D. ?., Mihi?, M. M., Obradovi?, V. L., & Bushuyev, S. D. (2015). Project success analysis framework: A knowledge-based approach in project management. International Journal of Project Management, 33(4), 772-783.
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