7002ICT Assignment 1 Project Management

Project Schedule

The Schedule of the project is provided below:

Development cost of the project

The development cost of the project is provided below:

Annual Operating cost of the project

The Annual Operating Cost of the project is around $2000 dollars. The detail of the resource Sheet is provided below:

Cost benefit Analysis

The Cost benefit analysis of the project is provided below:

Estimated Annual Benefits

The annual benefits from the project is estimated at $10,000. These benefits are obtained from the staff’s salaries and the increased sales rate for the organization. A detailed report is provided below:

Perform a Risk and Feasibility Analysis

Organizational Risks and Feasibility

The organization deals with a car parts business, and hence the organization requires an efficient storage system that would be helpful for them in storing the major details of the product catalogues and the information about the incomes and expenses of the business. The current procedures in the organization requires the work to be done manually. And this takes up a lot of time. Hence, the introduction of the information system for the organization is very beneficial for the business of the ABC Organization. However, there is risk involved with the introduction of the system to the organization and that is their employees would be losing out on their position if the procedures in the organization arte automated. However, on the other side this would be reducing the costs of the organization and the organization would an overall benefit from the system hence the project is feasible for the organization.

Technological risks and feasibility

The introduction of the inventory system would be technically feasible for the o0regnication as this would help the organization to speed up their processes and reduce the response time for their clients to a great extent. The procedures within the organization would be automated with the help of the IT services. However, there is chance of employees facing difficulty in performing their tasks in the system, although this can be mitigated easily by providing proper training to the employees and also submitting the documentation and the manual of the project to the office so that the employees can understand the details of project and work efficiently on the system.

Resource Risks and Feasibility

The main risk with the resources is that the project does not follow the iterative model and hence the risk of the resources falling short can take place. This affect the progress of the project and stall the further progress of the project. There might be situations where are the project has to be stopped due to lack of resources. Additionally, there can be situation where the resource allocated are more than abundant for the project then there is chance of unnecessary expenses for the organization. However, this can be mitigated with proper planning and budget analysis and according to the cost benefit analysis and project schedule the project is economically feasible and hence, the risks regarding the resources can also be addressed easily.

Schedule Risks and Feasibility

The project schedule is created according to the plan for the implementation. One of the risk involved with the schedule of the project is that the project has been estimated to be completed in around 47 days and if the project takes longer than 47 days then the cost estimation done with respect to the schedule of the project, and hence any alteration in the schedule would also change the estimation in budget of the project. However efficient planning would result in the feasibility of the schedule of the project.

Establish the Project Environment

Planning and Monitoring activities

The details of the hardware and the software required for the development of the system has been described in the tables provide below. The table below provides the details of the hardware for the system:

The details of the software requirements for the development of the system is provided below:

Work Environment

The working environment of the project should be very efficient and all the team members should be co-operative with the project manager and also make an effort in maintenance of all the responsibilities of the team members. In addition to this, the information system installation in the office would help the staffs of the organization to perform their task better with an increased level of efficiency. In addition to this, the safety measures of the employees and the data of the organization are to be kept safe from any type harmful activities. The machines installation is to be protected with a suitable barricade and also it is to be seen that no other employee except the administrator has access to systems. In addition to this, the access control for the access to the information system is to be maintained and the administrator should see to it that no other staffs or employees are granted permission without proper reasoning to access the main severs of the system. This would help in maintaining the workplace safety and free the employees from any type of hazards. In addition to this, the safety in the data access control for the systems would also help the organization in maintaining the confidentiality of their data which would safeguard them from any type of external intrusion of the system and prevent any type of data mismanagement and data deletion.

Process and the Procedures to be used

For the development of the system the Visual Studios are to be used and the front end development is to be done on the GUI of the Visual Studio Interface and in Addition to this, the Microsoft Sql Server is to be used for the development of the database for the system.

Work Breakdown Structure

The Work breakdown structure is an important aspect for any type of development and any type of project. The WBS (work breakdown structure) breaks a complex, unclear, confusing cluster of interdependent work-to-do into smaller, clear and clearly arranged form. Based on this structure, we can assign, manage, control the resources we need to complete for each of the work-packages - not only the human resources, material and underlying time and costs needed, but we can use this structure for assigning the project-discussion and attached project-files as well. The Work Breakdown Structure for the project with which the report is concerned in here is provided below:

The main processes of the design of the information system for the organization are project initiation, project planning, project design, project implementation, project testing, project delivery and maintenance. The main summary task of the project is the Inventory Storage system.

Gantt Chart

The Gantt Chart is an important tool which is to be considered for the development of any type project and useful in measuring the critical path of the project for any type of system development. A Gantt Chart is a pretty handy thing for planning a project, especially when it is used along with very rigorous application of the Critical Path Method (CPM). Without CPM, it is still a Gantt Chart, but also is just a collection of unconnected bars and its usefulness is greatly diminished. The Gantt Chart of the project that is being concerned with this report is provided below:

The above defined project consists of 25 activities which is to be completed in 47 days. In addition to this, the Gantt chart also displays the CPM for the project easily and it can be seen easily that the project consists of a single critical path and hence, it can be concluded that the project development is done in a waterfall model.

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