ITC505 Measurable Organisational Value

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Area of Impact	Rank (1 to 5)
Customer	1
Operational	2
Financial	3
Social	4
Strategy	5

1.2 Value of the project

The desired project value are explained below:

Better: The organization assist in providing proper facility with the help of number of new features which further improves the operational efficiency and thus the facility which are provided are considered to be efficient.

Faster:  It is analyzed that the online transactions service is quite faster in crediting or debiting money in comparison to the present system which is used by the organization.

1.3 Appropriate metric

Rank	Impact	Metrics	Timeframe
1	Customer	20% more customers are added for utilizing the services provided by the organization due to the I-crop system.	3 months
2	Operational	There is around 12% increment in the efficiency of the organizational efficiency as the organization can easily manage the operations.	3 months
3	Financial	12% hike is reflected within the yearly revenue of the organization due to  increment within the customers number	2 months
4	Social	The organization utilizes social platform like LinkedIn as well as Facebook for promotion.	1 month
5	Strategy	It is quite necessary to use proper strategies for managing the development of the system.	2 months

The scope includes:

• The website as well as application are developed
• Selection of the prototype
• Designing the entire project outline
• Reviewing the project design
• Adding the option of the preferred buyers
• Adding the option of transaction facility
• The option for the seasonal sales is added
• Giving proper training manuals
• Providing the facility of training
• Documentation

2.2 Out of Scope

The project out-scope include:

• Excluding the details related with the suppliers as well as vendors
• Facility of training is omitted from project charter

2.3 Assumptions

The assumptions of the project include:

• The project manager makes assumption such that entire project completes within time and budget that is given
• Proper support and help from the stakeholders will be get during the project progress
• The project will progress as per the scope and thus the objectives of the project can be achieved successfully.

2.4 Constraints

The project constraints are listed below:

• It is essential to finish the work related with the project within 119 days
• The entire activities of the I-crop system should be executed within the budget of $79,240.

2.5 Scope Management Plan

The project manager generally takes the initiative of managing the project scope so that no scope related issues as well as challenges can occur within the project. The steps include:

• Properly determining the project related issues
• Identifying the various types of reasons due to which the problem of scope creep occurs
• The scope of the project should be managed effectively
• Proper facility of training must be given to the team members so that they can avoid scope creep
• 2.6 Resource Plan

• People: The people who are engaged within the project work are listed within the given table.

Resource Name	Std. Rate
Project Manager	$50.00/hr
Financial Officer	$45.00/hr
Developer	$40.00/hr
Operational Manager	$40.00/hr
Project Planner	$30.00/hr
Project Sponsor	$0.00/hr
System Analyst	$35.00/hr
Trainer	$35.00/hr
IT Manager	$30.00/hr
Tester	$30.00/hr
Designer	$32.00/hr
HR Manager	$25.00/hr
Risk Manager	$25.00/hr
Business Analyst	$26.00/hr
IT Consultant	$35.00/hr

Hardware	RAM, Hard disk, Desktop
Software	Designing tools, development tools
Network	Server

 

• Other

Travel Requirements	Allowance for travelling should be given to the workers.
Training Requirements	Monthly training should be provided.

Part three:

3.1 Project Milestones

The milestones of the project are:

Milestone	Completion date
Milestone 1: The initiation phase of the project completed	Thu 18-10-18
Milestone 2: The final plan for the project is completely prepared	Mon 26-11-18
Milestone 3: The entire design of the project that is designed is completed reviewed	Thu 03-01-19
Milestone 4: Development of the project is completed	Thu 07-02-19
Milestone 5: Completion of the project closure phase	Tue 12-03-19

The assumptions of the project include:

• Proper support and help from the stakeholders will be get
• The project will progress as per the scope.
• Finishing the project within time that is assumed
• 4.2 Project risks and management strategy

Risk ID	Description	Probability	Impact	Rate	Assigned To	Response Strategy	Threat or Opportunity
1	Budget shortage	90%	5	450	Financial manager	It is necessary to track the budget on regular basis for finishing the project within budget	Threat
2	Lack of resources	80%	4	320	Hr. manager	It is necessary to estimate the project resources properly before undertaking the project.	Threat
3	Improper management	80%	4	320	Hr. manager	It is necessary to hire experienced team members	Threat
4	Extension in the project schedule	70%	4	210	Project manager	It is necessary to analyze the need of the project properly before the project initiation.	Opportunity
5	Improper facility of training	80%	5	400	Trainer	Proper facility of training should be given to the team members.	Threat

Part Five: 

• Statement on project quality

The quality of the project can be improved by adopting strategies that are listed below:

• Checking the hardware quality that are used within the project
• Undertaking testing within the project
• Providing training facility to the workers
• Proper quality analysis should be conducted on monthly basis. 

• A set of verification activities

Verification Activity	When?
External audit	After the entire project work is completed
Undertaking prototype testing	After the protype is completed
Undertaking hardware testing	Before utilization of hardware within the project.

• A set of validation activities

Validation Activity	When?
Equipment testing	Before using within the project
Document review	After the project closure phase
Using method of prototype	During the development phase of the project

b. Develop a closure checklist

Activities	Status
Has project testing is properly accomplished?	Yes
Have project documents been properly approved?	Yes
All project issues and risks closed?	No
Does the fcaility of training given?	Yes
Does the issues as well as risks are successfully closed?	No

Develop a project evaluation

Evaluation Criteria	Option
Does the needs of the project are accomplished?	Yes     No
Does the training facility is provided?	Yes     No
Does the project finish are within the approved budget?	Yes     No
Does proper project review is done?	Yes     No

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