Project Value, Metrics, Scope, Resources, And Timelines

Better and Faster System

Area of Impact Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper	Rank (1 to 5)
Operational	1
Customer Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper	2
Financial	3
Strategic	4
Social	5

The project value is mainly illustrated below:

Better: The online services like breeding facility as well as seasonal sales that are provided with the help of the new system is considered to be better in comparison to the previous system.

Faster: The new system that was developed is helpful in undertaking the online transaction quite faster and in a very much effective way in comparison to online transaction.

1.3 Appropriate metric

Rank	Impact	Metrics	Timeframe
1	Operational	It is identified that the system assists in providing number of services including seasonal sales, online transaction, bidding and more which further helps in improving the organizational operation.	3months
2	Customer	The customer generally gets better facilities within the help of the system and as a result more number of customers get attracted which enhances the number of customers by 15%.	2 months
3	Financial	As the organizational customers increases, the revenue of the organization generally increases by 10%.	3 months
4	Strategic	In order to give proper services to the organizational customers, it is necessary to use proper procedures as well as strategies.	2 months
5	Social	For reaching to more number of people, it is very much necessary to reflect the facilities that are mainly provided with the help of the new system.	1 month

The listed points are mainly included within the project and as a result they are considered as project scope.

UI development
Simulation testing
Database development
Bidding facility development
Listing the preferred buyers
Facility for online transaction
Seasonal sales opportunity
Proper option for information sources
System development completion
Testing of project prototype
2.2 Out of Scope

The points that are excluded from the project are listed below:

Information related with the suppliers of the project are not given
Proper training facility should be given to the project team
2.4 Scope Management Plan

The steps which are generally required to be undertaken in order to control the scope of the project are mainly illustrated below:

The problems or challenges which are project related needs to be understand properly
Proper information and data need to be gathered about the project requirements as well as needs
The signs of the project creep must be properly understood within the initial project phase
2.5 Resource Plan

People

The people who are mainly associated with the project are listed below:

Resource Name	Std. Rate
System Analyst	$40.00/hr
Budgeter	$40.00/hr
HR Manager	$50.00/hr
Planner	$50.00/hr
Designer	$60.00/hr
Project Manager	$60.00/hr
System Developer	$55.00/hr
UI Designer	$0.00/hr
Database Admin	$45.00/hr
Database Vendor	$65.00/hr
IT Engineer	$50.00/hr
Risk Analyst	$55.00/hr
Contractor	$45.00/hr
Trainer	$45.00/hr
Trainees	$0.00/hr

Technology

Hardware	Desktop, hardware, RAM
Software	Implementation software and designing software
Network	Firewall server

Other

Travel needs	The expenses which are associated with travelling are mainly provided to the various employees who are related with the organizations.
Training needs	Proper training is given to the employees so that they can be able to work

3.1 Project Milestones

The milestones of the project are listed below:

WBS	Task Name	Finish
M1	Milestone 1: Completion of initiation phase meeting	Mon 08-10-18
M2	Milestone 2: Completion of planning phase	Wed 24-10-18
M3	Milestone 3: Completion of system design	Mon 12-11-18
M4	Milestone 4: Completion of development phase	Mon 07-01-19
M5	Milestone 5: System deployment completion	Tue 29-01-19
M6	Milestone 6: Completion of project closure phase	Tue 29-01-19

3.2 Project activities

The activities of the project are listed below:

WBS	Task Name
1	Initiation phase
1.1	Analyzing needs of the project
1.2	Making arrangement for project resources
1.3	Hiring employees
1.4	Arranging meeting
M1	Milestone 1: Completion of initiation phase meeting
2	Project planning phase
2.1	Listing the activities of the project
2.2	Scheduling the activities of the project
2.3	Development phase of the project
2.4	Reviewing the plan of the project
M2	Milestone 2: Completion of planning phase
3	Designing phase
3.1	Selection of proper platform
3.2	Designing outline
3.3	Completing the design of the system
3.4	Project design review
M3	Milestone 3: Completion of system design
4	Development phase
4.1	UI development
4.2	Simulation testing
4.3	Database development
4.4	Bidding facility development
4.5	Listing the preferred buyers
4.6	Facility for online transaction
4.7	Seasonal sales opportunity
4.8	Proper option for information sources
4.9	System development completion
4.10	Testing of project prototype
M4	Milestone 4: Completion of development phase
5	System deployment
5.1	Developing the deployment plan
5.2	Analyzing the project risks
5.3	Undertaking change management
5.4	Integration of system
M5	Milestone 5: System deployment completion
5.6	Project closure phase
5.6.1	Arranging training program
5.6.2	Reviewing project
5.6.3	Documentation
5.6.4	Project sign off
M6	Milestone 6: Completion of project closure phase

Figure 1: Project resources

Figure 2: Time estimation

4.1 Assumptions

The listed points are generally assumed by the project manager before starting this project and the assumptions include:

It is assumed that the entire system of I-corp will be developed within the timeframe of 113 days.
The resources that are estimated will be enough for the process of project completion
The progress of the project will generally be accomplished as per the project scope.
4.2 Project risks and management strategy

Risk ID	Description	Probability	Impact	Rate	Assigned To	Response Strategy	Threat or Opportunity
R1	Requirement of extending the schedule of the project	40%	4	160	Project planner	It is considered as an opportunity as it generally enhances the project quality.	Opportunity
R2	Budget shortfall	90%	5	450	Financial manager	It is quite necessary to estimate use the resources of the project effectively for reducing budget shortfall.	Threat
R3	Inexperienced team members	70%	3	210	Trainer	It is necessary to hire experience team members for the project.	Threat
R4	Improper design	90%	5	450	Designer	Proper design for the system needs to be made for the success of the project.	Threat
R5	Improper management	50%	4	200	Operational manager	It is quite necessary to use proper management strategies for completing the project.	Threat

Statement on project quality

The development of the system is generally based on zero defect and thus the organization mainly involves within the project to perform the following:

Checking the resources of the project quite effectively
Arrangement of weekly meetings in order to discuss the quality of the project

A set of verification activities

Verification Activity	When?
Programming code review	It is mainly performed within the development phase.
Verifying all the documents that are associated with testing.	It is mainly performed within the testing phase of the project.
Reviewing the documents that are associated with the project	This is mainly done within the project closure phase

A set of validation activities

Validation Activity	When?
Requirement of the users are generally checked	This generally occurs within the project planning phase
Software quality is mainly checked	This mainly occurs within the project development phase
Automation script validation within the project	After the closure of the project

Develop a closure checklist

Project activities	Status
Does the needs and requirements of the project are properly determined?	Yes
Does the project manager take the initiative of handing over the project?	Yes
Does proper training facility is given to the team members?	Yes
Review of project related documents are done properly?	Yes

Develop a project evaluation

The evaluation of the project as per MOV is given below:

Objective	Evaluation
Quality	The quality of the service gets improved due to the system.
Scope	The project scope is generally followed in order to elaborate the project lifecycle.
Budget	The entire system will be developed within budget which is generally approved with the help of the project sponsor.

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