Measurable Organizational Value

Discuss about the Impact Of Project Management And Benefits.

The report is concerned with the details of the Online Stud management system. The Detailed analysis and the measurable goals of the organization is provided in this report. The schedule and budget is also provided in this report.

The in scope of the project includes

• Module improvement
• Development of prototype
• Making improvement for the new system
• Determining system requirements
• Development of superior interface
• Development of database
• Development of Book for stallion facility
• Breed registry development
• Development of general ledger and marketing database
• Stallion booking contract management
• Option of tracking costs
• Development of recording procedure
• Facility for reviewing history
• Customized communication option

 The assumptions that are made in the project are elaborated below:

• It is assumed that the entire management system will be developed in 76 days
• It is expected that the project will be finished within the budget 78,528
• It is assumed that the scope of the project will be following during the progress of the project

The constraints of the project include:

Time: The entire project needs to be finished with 78 days otherwise the budget of the project will increase.

Scope: The scope of the project must be followed appropriately during the project progress.

Budget: The project needs to be finished within 478,528 otherwise financial related issues will occur within the organization Stud Farm.

The scope of the project will be effectively managed by utilizing steps that includes:

Tracking scope creep: The changes that are needed must be effectively managed in order to avoid scope creep within the project

Changes in project scope: The changes that are required in the project mainly helps in enhancing project cost and thus in order to avoid any type of financial challenges, it is the responsibility of the project manager to manage the cost of the project

Understanding requirements of the project: In order to manage the project scope, it is quite necessary to know the project requirements effectively.

People: The personnel who are involved in the project are listed below:

Technology: The technologies associated with project are listed below:

Facilities: Proper facility of medication must be present during system development for the project team members.

Other: The resources that are needed include:

            The assumptions that are generally made for the project of online stud management system are as follows:

• The development of the online management system will be finished within 76 days
• The entire project of online system development will be completed within the budget of around $78,528
• The project will progress as per the scope that is identified in the initial stage of the project.

It is identified that the online management system for the organization “Stud Farm” is mainly implemented for delivering quality based breeding services. The project manager plays an important role in managing the quality of the project throughout the project lifecycle by tracking the supplied hardware as well as software and by providing proper training services to the team members. This not only helps in providing quality-based system but also helps in finishing the project work within the expected time.

 Verification activities

 The measurable organizational value of the project can be successfully evaluated with the help of the steps that are provided below:

• By determining various areas of the project
• By determining the value of the project
• By developing, various project metric
• Setting proper project timeframe

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