Project Report: Establishing A Social Media Research Centre – Web Application Development

Project “Unique Social Media Research Centre” is undertaken to develop a new research centre for obtaining research on social media topic. Moreover after the market survey done by expert, it is found that students of master and doctorial are very much interested in doing such research.
High Level Scope:
- Formation of group (informal) for research by 30^thJune 2017
- Uploading information for research work in website

Primary Deliverables:
- User friendly website to be developed for research students
- Upload all relevant information online

Project’s benefits to the organisation:
- Obtain clear individuality in proficient market
- Payback period or bear even time is 2 years only, so profit generation from 3^rdyear onwards

Not in scope:
- Operation and maintenance of research centre
- Provide any sort of academic training

Organisational values with reference to current project:
- Better – value will increase because the new research centre on social media is an unique
- Faster – faster analysis shall be possible by students due to huge data bank
- Cheaper – till we develop five start market rating, we need to work on very thin margin for few years
- Do more – looking at the demand study done by expert and break-even point of 2 years only, we can plan for its future growth
  - Potential areas of Impact:
    - Strategic: this project shall help in obtaining clear identity in professional market
    - Customer: due to high demand among students, 10 students may get enrolled for first year
    - Financial: let the student fees be Australian Dollar 2,500 per year / student, so by enrolling 10 numbers / year, total revenue per year = 25,000 per year, so break-even point is 2 years and after that organisation will generate profit of the project
    - Operational: there is an operational threat of again restarting of competitor organisation which has closed their business in same area
    - Social: this project can raise a clear identity in professional market
Measurable Metrics:
- 1^styear (15^th Feb 2018): revenue generation of Australian Dollar 25,000 by enrolling 10 students
- 2^ndyear (15^th Feb 2019): revenue generation of Australian Dollar 25,000 + 25,000 = 50,000, that is the payback is done by enrolling 10 more student
- 3^rdyear (15^th Feb 2020): revenue generation of Australian Dollar 25,000+50,000 = 75,000 by enrolling 10 more students. So profit generation of 25,000 AUD from third year
- 4^thyear (15^th Feb 2021): revenue generation of Australian Dollar 25,000+75,000 = 1,00,000 by enrolling 10 more students. So profit generation of 50,000 AUD from fourth year
- 5^thyear (15^th Feb 2022): revenue generation of Australian Dollar 25,000+1,00,000 = 1,25,000 by enrolling 10 more students. So profit generation of 75,000 AUD from fifth year and so on

Clear identification of milestone and milestone exit points:
- Start Date : 1^stApril 2017
- Informal group formation : 25^thJune 2017
- Completion Date : 30^thNov 2017
- Enrolment of 10 numbers student: 15^thFeb 2018
- Start of operation : 15^thFeb 2018
  - Inclusion of due dates for the deliverables
    - Supply and installation of vendor products must reach 1month before end of project date
    - Establishment of informal research group by 30^thJune 2017
Factors should include a specific metrical comparison:
- Enrolment of 10 numbers student by 15^thFeb 2018 (before the date of start of operation)

Stakeholder No Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper	Name and Signature	Role and Responsibility	Position	Contact Information Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper
1	Alex	Project approval	Sponsor
2	David Wright	Senior executive of many programs	Sr. Executive
3	Bruce	Overall responsibilities of many projects	Program Manager
4	Myself	Overall responsibilities of project “Unique Social Media Research Centre”	Project Manager
5	Sonia Reed	Collect data and information from event manager and upload to web page	Application Manager
6	Event Manager	Collection of data and gathering of other related information	Event Manager
7	Team Members	Discipline in charge of respective areas	Members
8	Craig Bamworth	Provide expert comment on the project application development	International Expert
9	Students	Master and Doctorial students shall do research work on social media	Customers

Communication plan is developed to maintain cohesiveness among the team members and top executives of our organisation. There should not be any communication gap between the employees of all hierarchy verticals. To reduce conflict among team members the communication plan is being developed. Stakeholder’s need is to be understood before passing on any information to them. There should be both way communications among all verticals to maintain equal flow of information and motivate team members.

All lateral and downward communication may be formal or informal written and verbal method, but the communication with upward vertical must be done through formal written and verbal. All formal verbal communications must have written back up documents like minutes of meeting, action plan list, etc.

In case of any changes in scope, time, cost and quality following process flow diagram for the proper flow of document must be maintained and followed by all team members.

Stakeholder	Information to be shared	Frequency of information exchange	Location of information exchange	Purpose of communication	Mechanism for communication
Who	What	When	Where	Why	How
Alex	Earned value analysis outputs, Snapshot of project status with progress, cost and quality status	Weekly	Discussion room, Alex’s office,	Communicating reports are required for updating status of project. To update status and risks.	Physical meeting, Email Message
David Wright	Earned value analysis outputs, Snapshot of project status with progress, cost and quality status	Weekly	Discussion room	Communicating reports are required for updating status of project. To update status and risks.	Physical meeting, Email Message
Bruce	Earned value analysis outputs, Snapshot of project status with progress, cost and quality status & DPR	Weekly & Daily	Discussion room, other interactions	Updating status and ground facts of the project	Physical meeting, Email Message
Myself	DPRs, WPRs & MPRs from team members and suppliers	Daily Weekly & Monthly	Discussion room, Project Manager’s office	Updating status by internal & external stakeholders	Phone, Physical meeting, Email
Sonia Reed	DPRs & WPRs of status	Daily & Weekly	Project Manager’s office, Discussion room, Other interactions	Status of information uploading in servers	Phone, Physical meeting, Email
Event Manager	DPRs & WPRs of status	Daily & Weekly	Project Manager’s office, Discussion room, Other interactions	Status of information collection	Phone, Physical meeting, Email
Team Members	DPRs & WPRs of status	Daily & Weekly	Project Manager’s office, Discussion room, Other interactions	Status of information uploading in servers	Phone, Physical meeting, Email
Craig Bamworth	Expert comments	Daily	Discussion room, Other interactions	Issue observed in project implementation process	Email, Phone, Meeting
Students	Project status uploading	Quarterly	advertisement	Willingness to join must be maintained	Advertisement through online or news paper

Reference

Hayes, D. S. (2000). Evaluation and application of a project charter template to improve the project planning process. Project Management Journal, 31(1), 14—23.

USA. U.S. Department of Health & Human Services. (2017). Communication Management Plan.

https://www.hhs.gov/ocio/eplc/EPLC%20Archive%20Documents/11%20-%20Communications%20Plan/eplc_communications_management_template.doc .

Turn in your highest-quality paper
Get a qualified writer to help you with

“ Project Report: Establishing A Social Media Research Centre – Web Application Development ”

Get high-quality paper

NEW! AI matching with writer