Itc508 Information Technology Project Management Assessment Answers
Answer:
The term ‘problem; refers to a situation that tends to be harmful or unwelcome and is needed to be averted or overcome at the earliest. Simply stated, it can be noted as a situation, which needs or attracts attention. First comes the individual or the situation that is affected by the problem. Secondly, every problem has its own timeframe. The timeframe determines whether the problem is worsening or fading off with the passage of time. Finally a solution to it is also important.An opportunity is a however mentioned as a group of events or circumstances that makes it possible to figure out an outcome. Any opportunity comes with its scope and scalability. It gives its recipients the stage to maximize their talent. At times opportunities are considered to be the best medium to advent innovation.
Directives are the official orders generally coming from the management or higher authorities with a motive to fulfill certain objectives. These are mandatory executive orders that encourage or discourage the course of activity.
The stakeholders involved in this project are needed to deal with all the adversities of it. They are:
- The Australian Government.
- Project Manager
- Survey Supervisor
- Survey Team.
- Survey Experts.
- IT project management team.
- The general citizens.
Below is the Communication Management Plan for the whole project:
Communication Type |
Objective of Communication |
Medium |
Frequency |
Audience |
Owner |
Deliverable |
Format |
Initial Meeting / Requirement gathering |
Introducing the project team and the details of the project. Review and analyze project objectives and the management’s approach. |
Face to Face |
Only once for a period of 2 weeks. |
· The Project Sponsor · The Project Team · The Stakeholders |
The Project Manager |
Agenda
|
Soft copy archived on the confirmation of project’s requirement. |
Survey Process Meetings |
Conduct meeting with the Survey Experts to convey message |
· Face to face |
Only once |
· The Project stakeholders. · Project manager. · Survey Process Supervisor · Survey process team. |
The project manager |
· Agenda |
· Soft copy and hard copy archived. |
Survey Process |
Conduct the survey process |
· Online |
1 month |
· General public · Survey team |
Survey Process Supervisor |
· Report status |
· Soft copy and hard copy archived. |
Survey Process Analysis |
Analyze the results of the survey |
· Face to face |
1 month |
· Survey team · Analysis experts |
Survey Process Supervisor |
· Status report |
· Soft copy and hard copy archived. |
Project Team Meetings |
Review the status of project requirements with the team. The HR should also share all the policies involved with the team. |
· Face to Face · Video or call Conference |
Weekly for 2 weeks. |
· The Project Team · HR management |
Project Manager |
· Agenda · Meeting Minutes · Project schedule |
· Soft copy and hard copy archived. |
Technical Design Meetings |
Discuss and develop technical design and development solutions for the project. |
· Face to Face |
Regularly for 1 month |
· Project Technical Staff |
Specific teams and their Technical Lead |
· Agenda · Meeting Minutes |
· Soft copy and hard copy archived |
Monthly Project Status Meetings |
Reports about the status of the project to the management while it is in its development phase. |
· Face to Face · Conference Call |
Monthly for 7 months |
· PMO |
Project Manager |
· Slide updates · Project schedule |
· Soft copy and hard copy archived |
Project Testing |
Report and resolute the bugs and fixes. |
· Face to Face · E-Mails |
1 month |
· Stakeholders · Project Manager · Project team |
Project Manager |
· Bug analysis report · Project Status Report |
· Soft copy and hard copy archived |
Project Status Reports |
Report the status of the project including activities, progress, costs and issues. |
· E-mails · Face to face |
Monthly and at project termination. |
· Project Sponsor · Project Team · Stakeholders · PMO |
Project Manager |
· Project Status Report · Project schedule |
· Soft copy and hard copy archived |
Project Handover |
Handover project to the stakeholders/client by signing off all payment and necessary details. |
· Face to face |
One week |
· Project Sponsor · Stakeholders · Project Manager |
Project Manager |
· Project Status Report · Billing and handover report. |
· Soft copy and hard copy archived |
Project Maintenance |
Maintain all aspects of the project. |
· |
Daily for 24 months |
· Project management and maintenance team · Client side stakeholders |
Project Maintenance Manager |
· Daily project status report |
· Soft copy and hard copy archived |
A project scope statement is a necessary tool to outline a projectdeliverables and identify every key constraint, assumption and success factors involved (Pheng 2018). The project scope statement for this project is listed below:
Specific- It must be made sure that the questions in the process were simple and significant towards solving the problem.
Measure- The survey should be analyzed properly. Those responsible for the process are required to go through the details of each respondent’s answers to the survey process.
Agreed upon- The stakeholders in the survey process must all comply with the conclusion and the policies of it. The respondents are required to make sure that their private information is kept concealed. The supervisors must also take into consideration all aspects and calculations in the process of reaching to a specific and united conclusion.
Relevant- The goals that the survey process was destined to achieve must be checked before the release of the final project.
Time- The survey report is to be presented to the government and the IT team within one month of the completion of the survey process.
Project Submission:
Specific- The user interface must be kept as simple and sophisticated as possible.
Measure- The rules and policies laid down by the government for the building of the project must be ensured thoroughly.
Agreed upon- The client must agree to the product efficiency in performing such great a task. All bugs in the product shall be reported and fixed until the final confirmation is achieved.
Relevant- There must be thorough testing of the product based on the results that it is destined to attain.
Time- The project is meant to be compiled and delivered after the development process with in a time span of twelve months.
Use Case Points;is one of those software estimation techniques, which the process of prediction of the software size in software development (Estler et al. 2014). Use Case Points is used when the UML (Unified Modeling Language) and the (RUP) Rational Unified Process methods are in use for software development.
Object Points are an approach used in;the software development process;under certain models like COCOMO-II. These are a way of estimating effort size. They are not necessarily related to objects of OOP. The objects that are referred to, include reports, screens, modules of the language. The number of complexity and objects of each process are estimated and a total weighted Object-Point count is computed and utilized to base estimates of the needed effort.
One disadvantage of using this technique is that it takes a lot of time in the planning of the system.
Object Point is an efficient and cheap method for cost estimation. In addition to that, it is also easier to estimate and therefore saves time.
The technique requires core experts. The estimations made can be very inaccurate without the presence of an expert.
Outsourcing certain parts of this project would prove to be of immense risk. This, being a Government project with national and political interest; it would only be preferable for trusted development farms to deal with. This would make it difficult to adhere to the government policy and regulations regarding the project.
The Rural Outsourcing concept would also not be a clever option for this project. To hire novice startups or freelancers to deal to with a nationally important project is not recommended. There would be a bulk of private data to be dealt with in the process. Additionally, it would be difficult for the Government to supervise such tasks and integrate to the parent process.
Part A: Financial Analysis
Financial Analysis for Project - Republic Online Survey Project | ||||||
Discount rate |
10.00% |
| ||||
Assume the project is completed in Year 0 |
Year | |||||
|
0 |
1 |
2 |
3 |
Total |
|
Costs |
$ 1,000,000.00 |
$ 200,000.00 |
$ 70,000.00 |
$ 70,000.00 |
$ 1,340,000.00 |
|
Discount factor |
1.00 |
0.91 |
0.83 |
0.75 |
| |
Discounted costs |
$ 1,000,000.00 |
$ 181,818.18 |
$ 57,851.24 |
$ 52,592.04 |
| |
Benefits |
$ 500,000.00 |
$ 700,000.00 |
$ 900,000.00 |
$ 1,500,000.00 |
$ 3,600,000.00 |
|
Discount factor |
1.00 |
0.91 |
0.83 |
0.75 |
| |
Discounted benefits |
$ 500,000.00 |
$ 636,363.64 |
$ 743,801.65 |
$ 1,126,972.20 |
| |
Discounted benefits - costs |
$ (500,000.00) |
$ 454,545.45 |
$ 685,950.41 |
$ 1,074,380.17 |
$ 1,714,876.03 |
NPV |
Cumulative benefits - costs |
$ (500,000.00) |
$ (45,454.55) |
$ 640,495.87 |
$ 1,714,876.03 |
| |
ROI |
169% |
|
|
|
|
|
Payback period (Year) |
1.1 |
Years |
| |||
Assumptions |
| |||||
Costs and year wise benefits |
|
|
|
|
|
|
Part B: Project Status
Provided data is:
BAC = $500,000
PV = $125,000
RP = 90%
AC = $150,000
Section a: Cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI)
BAC = $500,000 (Budget at Completion)
PV = $125,000 (Planned Value)
RP = 90%
AC = $150,000 (Actual Cost)
Therefore, cost variance (CV) = EV – AC
Schedule variance (SV) = EV – PV
Cost Performance Index (CPI) = EV/AC
Schedule Performance Index (SPI) = EV / PV
Now, EV = RP% * BAC = (90% * $500,000) = $450,000
CV = $450,000 - $150,000 = $300,000
SV = $450,000 - $125,000 = $325,000
CPI = $450,000 / $150,000 = 3
SPI = $450,000 / $125,000 = 3.6
Section b: Project status as per CPI and SPI
The CPI value is estimated at 3 and SPI value is estimated at 3.6; therefore, CPI and SPI being greater than one. The project is on budget and ahead of schedule; therefore, the project is continuing with proper allocation of budget and time.
Section c: Estimation of EAC and time taken
Estimate at Completion = Budget at Completion / Cost Performance Index
= $500,000 / 3
= $166666.67
Schedule Performance Index = Earned Schedule / Actual Schedule = 3months /9months = 0.33
Schedule variance = Earned Schedule - Actual Schedule = 3months – 9months = -6months
Estimated Duration = Planned Duration / SPI = 12months / 0.33 = 36 months
There are certain breakdown risks that come from online election system that is undertaken by Australian Government.
The storming phase of Tuckman model is that storming phase in a project starts when conflict starts between the members of the team and in their working styles. While completing a project, different people may have different working styles. Storming phase happens when these conflicts arises. There may also question about the goal of the team and this may resist them to take tasks.
The company is interested in the implementation of a Maturity Model to the project of Online Election Portal and all the future projects. Currently, the company considers itself as having processes in place and the resources for supporting these processes. However, they have decided to improve by implementing anyone of the maturity model between OPM3 and CMMI.
Knowledge: This represents acquiring an understanding of the model and the implementation.
Assessment: The comparison between the OPM infrastructures to a specific OPM infrastructure.
Improvement: The determination of the changes that are feasible at a specific time and the implementation of the changes.
The major components of Capability Maturity Model Integration are as follows:
CMMI for Development: It represents the service and product development processes.
CMMI for Acquisition: It represents the supply chain management, acquisition and the outsourcing processes.
CMMI for Services: It addresses guidance for delivering the services within a specific organization.
References
Estler, H. C., Nordio, M., Furia, C. A., Meyer, B., & Schneider, J. (2014). Agile vs. structured distributed software development: A case study. Empirical Software Engineering, 19(5), 1197-1224.
Pheng, L. S. (2018). Project Scope Management. In Project Management for the Built Environment (pp. 63-77). Springer, Singapore.
Buy Itc508 Information Technology Project Management Assessment Answers Online
Talk to our expert to get the help with Itc508 Information Technology Project Management Assessment Answers to complete your assessment on time and boost your grades now
The main aim/motive of the management assignment help services is to get connect with a greater number of students, and effectively help, and support them in getting completing their assignments the students also get find this a wonderful opportunity where they could effectively learn more about their topics, as the experts also have the best team members with them in which all the members effectively support each other to get complete their diploma assignments. They complete the assessments of the students in an appropriate manner and deliver them back to the students before the due date of the assignment so that the students could timely submit this, and can score higher marks. The experts of the assignment help services at urgenthomework.com are so much skilled, capable, talented, and experienced in their field of programming homework help writing assignments, so, for this, they can effectively write the best economics assignment help services.