Impact area |
Ranking |
Strategy: Formulation of strategic business approaches will help Globex to avoid global competitive challenges and other risk factors. |
1 |
Consumers: As consumers are the most important asset for the business organization therefore the change management program must be performed based upon their wish. |
3 |
Financial: Depending on the features and supporting environment economic investment should be done. It is expected that if proper capital is invested then Virtucon will be able to design the most suitable online platform for the company. |
4 |
Operational: All desired applications should run over the platform and for that the operations operated in the system should be designed considering all functional features. |
2 |
Social: The social supportive structure of the project is another important add on feature therefore social support is also mandatory. |
5 |
The values considered for this project are cheaper, faster, better and others but for this specific project the specific values those have been selected are as follows:
Faster: The main purpose of the project is ensure that the expected true percentage of the o line crop buying and selling platform is well maintained and also services are offering by the owners are enough efficient.
Cheaper: The project success is dependent on the timing if services, its affordability as well as quality. Similarly for this online website also its affordability from the consumers end is very crucial. The booking price and the affordability will ensure the numbers o consumers for this project.
Stakeholders |
Expectation |
Website developer |
The expectation of the website developer is to design the online platform in such a way so that the consumers get attracted towards it and also afford it whenever required. |
Finance manager |
To successfully complete the project within the estimated project budget. |
Project sponsors |
To invest accurate capital for completion of the project |
System tester |
The system tester is responsible to test the website before its final launch in the field of application of Globex crop selling and buying. |
After considering all project specifications it has been found that, for the successful completion of the online platform for Globex, 8 months will be required with a estimate cost of $80,000.
Phases |
Timeframe |
Project initiation phase |
1 month |
Planning phase |
2 month |
Development phase |
2 months |
Execution phase |
2 months |
Closure phase |
1 month |
Resource Name |
Type |
Material Label |
Initials |
Group |
Max. Units |
Std. Rate |
Ovt. Rate |
Cost/Use |
Accrue At |
Base Calendar |
Project manager |
Work |
P |
100% |
$30.00/hr |
$60.00/hr |
$0.00 |
Prorated |
Standard |
||
Finance manager |
Work |
F |
100% |
$25.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
Marketing manager |
Work |
M |
100% |
$28.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
Software testing team |
Work |
S |
100% |
$26.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
R &D team |
Work |
R |
100% |
$28.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
Wesite developer |
Work |
W |
100% |
$28.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
Hardware |
Material |
H |
$40.00 |
$0.00 |
Prorated |
|||||
software |
Material |
s |
$50.00 |
$0.00 |
Prorated |
|||||
others |
Material |
o |
$60.00 |
$0.00 |
Prorated |
|||||
Technical trainers |
Work |
T |
100% |
$25.00/hr |
$50.00/hr |
$0.00 |
Prorated |
Standard |
||
project sponsors |
Work |
p |
100% |
$60.00/hr |
$0.00/hr |
$0.00 |
Prorated |
Standard |
||
operation manager |
Work |
o |
100% |
$26.00/hr |
$0.00/hr |
$0.00 |
Prorated |
Standard |
||
application programmer |
Work |
a |
100% |
$26.00/hr |
$0.00/hr |
$0.00 |
Prorated |
Standard |
WBS |
Task Name |
Duration |
Start |
Finish |
Predecessors |
Resource Names |
Cost |
0 |
Project schedule for I-Crop |
144 days |
Mon 5/7/18 |
Thu 11/22/18 |
$91,412.00 |
||
1 |
Web user interface |
45 days |
Mon 5/7/18 |
Fri 7/6/18 |
$22,854.00 |
||
1.1 |
Functional specification |
4 days |
Mon 5/7/18 |
Thu 5/10/18 |
R &D team |
$896.00 |
|
1.2 |
Creating user interface |
10 days |
Fri 5/11/18 |
Thu 5/24/18 |
2 |
Marketing manager ,Technical trainers ,others [1] |
$4,300.00 |
1.3 |
Delivery of final functional specs |
4 days |
Fri 5/11/18 |
Wed 5/16/18 |
2 |
Software testing team ,R &D team ,Marketing manager |
$2,624.00 |
1.4 |
User signoff |
9 days |
Fri 5/25/18 |
Wed 6/6/18 |
3 |
operation manager |
$1,872.00 |
1.5 |
Technical specification |
6 days |
Thu 5/17/18 |
Thu 5/24/18 |
4 |
R &D team ,others [1] |
$1,404.00 |
1.6 |
Developing technical specs |
6 days |
Thu 5/17/18 |
Thu 5/24/18 |
4 |
Project manager ,software [1] |
$1,490.00 |
1.7 |
Feasibility study |
22 days |
Thu 6/7/18 |
Fri 7/6/18 |
5,6 |
Project manager ,Wesite developer ,others [1] |
$10,268.00 |
1.8 |
Milestone 1: Submission of initial document |
0 days |
Thu 5/24/18 |
Thu 5/24/18 |
7 |
$0.00 |
|
2 |
Project planning |
67 days |
Fri 5/25/18 |
Mon 8/27/18 |
R &D team ,Hardware [1] |
$27,116.00 |
|
2.1 |
Collection of user requirements |
12 days |
Mon 7/9/18 |
Tue 7/24/18 |
8 |
Finance manager |
$2,400.00 |
2.2 |
Obtaining team signoff |
12 days |
Fri 5/25/18 |
Mon 6/11/18 |
9 |
Wesite developer ,Project manager |
$5,568.00 |
2.3 |
Communication planning |
10 days |
Wed 7/25/18 |
Tue 8/7/18 |
11 |
Hardware [1],others [1] |
$100.00 |
2.4 |
Contingency planning |
10 days |
Wed 7/25/18 |
Tue 8/7/18 |
11 |
operation manager |
$2,080.00 |
2.5 |
Stakeholder management plan |
8 days |
Wed 8/8/18 |
Fri 8/17/18 |
13,14 |
Project manager |
$1,920.00 |
2.6 |
Risk management plan |
6 days |
Mon 8/20/18 |
Mon 8/27/18 |
15 |
$0.00 |
|
2.7 |
Milestone 2: Submission of planning details |
0 days |
Fri 8/17/18 |
Fri 8/17/18 |
15 |
software [0],Technical trainers |
$0.00 |
3 |
Project development phase |
48 days |
Mon 8/20/18 |
Wed 10/24/18 |
Software testing team ,others [1] |
$26,976.00 |
|
3.1 |
Prototype design outlining |
12 days |
Tue 8/28/18 |
Wed 9/12/18 |
16 |
Finance manager ,Technical trainers |
$4,800.00 |
3.2 |
Prototype design |
15 days |
Mon 8/20/18 |
Fri 9/7/18 |
17 |
Marketing manager ,others [1] |
$3,420.00 |
3.3 |
Determining data import and export elements |
10 days |
Thu 9/13/18 |
Wed 9/26/18 |
20,19 |
Project manager |
$2,400.00 |
3.4 |
Web front end design |
5 days |
Thu 9/27/18 |
Wed 10/3/18 |
21 |
$0.00 |
|
3.5 |
Data base connectivity |
6 days |
Thu 10/4/18 |
Thu 10/11/18 |
22 |
Finance manager ,others [1],Technical trainers |
$2,460.00 |
3.6 |
Verifying details functionalities |
8 days |
Fri 10/12/18 |
Tue 10/23/18 |
23 |
Project manager ,others [1] |
$1,980.00 |
3.7 |
Milestone 3: submission of prototype or testing |
9 days |
Fri 10/12/18 |
Wed 10/24/18 |
23 |
Software testing team |
$1,872.00 |
4 |
Testing phase |
19 days |
Wed 10/24/18 |
Mon 11/19/18 |
Project manager ,others [1] |
$7,932.00 |
|
4.1 |
Unite testing |
10 days |
Wed 10/24/18 |
Tue 11/6/18 |
24 |
$0.00 |
|
4.2 |
Integrated testing |
3 days |
Thu 10/25/18 |
Mon 10/29/18 |
25 |
Wesite developer ,application programmer |
$1,296.00 |
4.3 |
Acceptance testing |
9 days |
Wed 11/7/18 |
Mon 11/19/18 |
27 |
Marketing manager |
$2,016.00 |
4.4 |
Milestone 4: Approval of the prototype |
0 days |
Mon 10/29/18 |
Mon 10/29/18 |
28 |
application programmer ,others [0] |
$0.00 |
5 |
Closure phase |
18 days |
Tue 10/30/18 |
Thu 11/22/18 |
Project manager ,Hardware [1],others [1],software [1] |
$6,534.00 |
|
5.1 |
Stakeholders signoff |
3 days |
Tue 11/20/18 |
Thu 11/22/18 |
29 |
operation manager |
$624.00 |
5.2 |
Final document submission |
6 days |
Tue 10/30/18 |
Tue 11/6/18 |
30 |
Project manager |
$1,440.00 |
5.3 |
Milestone 5: post maintenance program submission |
0 days |
Thu 11/22/18 |
Thu 11/22/18 |
32,33 |
Project manager |
$0.00 |
6 |
Milestone 1: Submission of initial document |
0 days |
Thu 5/24/18 |
Thu 5/24/18 |
7 |
Project manager |
$0.00 |
7 |
Milestone 2: Submission of planning details |
0 days |
Fri 8/17/18 |
Fri 8/17/18 |
15 |
Project manager |
$0.00 |
8 |
Milestone 3: submission of prototype or testing |
0 days |
Thu 10/11/18 |
Thu 10/11/18 |
23 |
Project manager |
$0.00 |
9 |
Milestone 4: Approval of the prototype |
0 days |
Mon 10/29/18 |
Mon 10/29/18 |
28 |
Project manager |
$0.00 |
10 |
Milestone 5: post maintenance program submission |
0 days |
Thu 11/22/18 |
Thu 11/22/18 |
32,33 |
Project manager |
$0.00 |
Figure 1: Work Breakdown Structure of the project
(Source: Created by author)
6 |
Milestone 1: Submission of initial document |
Thu 5/24/18 |
Thu 5/24/18 |
7 |
Project manager |
7 |
Milestone 2: Submission of planning details |
Fri 8/17/18 |
Fri 8/17/18 |
15 |
Project manager |
8 |
Milestone 3: submission of prototype or testing |
Thu 10/11/18 |
Thu 10/11/18 |
23 |
Project manager |
9 |
Milestone 4: Approval of the prototype |
Mon 10/29/18 |
Mon 10/29/18 |
28 |
Project manager |
10 |
Milestone 5: post maintenance program submission |
Thu 11/22/18 |
Thu 11/22/18 |
32,33 |
Project manager |
The specific assumptions for the project are as follows:
Name of the Risks |
Mitigation strategies |
Distributed project team |
The team assigned for the project are distributed therefore they may face collaboration issues. Collaborative team engagement program will help them to avoid internal project conflicts |
Lack of technical experience |
On job technical training program and workshop will help the project manager to become more engaged to their job roles. |
Incorrect resource allocation |
At the project initiation phase the project manager is required to set the project resource. It will help the project manager to avoid over resource allocation and budget allocation. |
Lack of communication strategies |
In order to avoid internal conflict the project manager including the project team members should follow open communication so that they could share their ideas and creativity with the rest of the project team members. |
The philosophy of the project team is to consider all cross functionalities with self management, behavior maintenance. It is expected that of these specifications are properly followed then Virtucon project will be able to deliver a user friendly, affordable and functionally active system for the consumers.
Project Activities |
When |
Review of the website prototype |
Development phase |
Checking company productivity |
Monitoring phase |
Review consumer’s experience |
Monitoring phase |
Project activities |
When |
Service conundrum opening |
Execution phase |
Integrated testing |
Testing phase |
Acceptance testing |
Testing phase |
Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A. M. E., & Villanueva, P. (2014). Project risk management methodology for small firms. International journal of project management, 32(2), 327-340.
The essence of this article defines the crucial necessity of incorporating risk management methodology and risk resolving strategies that are required to be incorporated in the small firms. Not only this but also the necessary project management methodologies are also elaborated in this article. It has been found that, for long term business success and survival the application of these methodologies are very much crucial. While developing new products and new technologies innovation, ICT implementation and management system approaches are also required to be incorporated by the project manager. From the details article it is also reviewed that with the help of project management methodologies project complexities can also be reduced accordingly. According to the investigation phase, it is defined that intensive research, extensive research, methodology design and validation will help to create new methodology which supports the operation of the small firms.
Todorovi?, M. L., Petrovi?, D. ?., Mihi?, M. M., Obradovi?, V. L., & Bushuyev, S. D. (2015). Project success analysis framework: A knowledge-based approach in project management. International Journal of Project Management, 33(4), 772-783.
This article reflects the details of project success analysis framework that is based in knowledge approaches and project management prcatices. It has been defined that the project management practice helps the project managers to identify the project risks and also importance of knowledge management for project success. This approach supports the project environment that is present in the project success analysis framework. For evaluating any project successfully these specifications are to be followed accordingly by both the project manager and the project team members. How the project framework provides innovative ideas to the project managers and rest of the project team members to make the project more successful are also illustrated in this article. The significant impacts of the presented framework regarding project knowledge management are also elaborated in this article. Apart from this it also helps to analyze the profit of knowledge gathered from the previous projects are also stated in this article. The interrelationship between the performance metrics and critical success factors are also illustrated in this article.
Binder, J. (2016). Global project management: communication, collaboration and management across borders. Routledge.
The suitability of any project may be interrupted if any kind of integrating sustainability issues of project management is being identified in the regular project practice. This article defines the profound role of project sustainability while attending the interest of the project stakeholders. In order to meet the organizational goals and objectives simultaneous analysis is being conducted for finding its eco impact. While selecting the project portfolio project monitoring is very much crucial from the valuation perspectives. Along with the operational terms sustainability of project management are being integrated and their collective role play is also elaborated n this article. The authors of this paper have successfully illustrated the data employment analysis for successful selection and monitoring of projects. From the graphical abstract it is recognized that the stakeholders associated to any project demands for money, social and supporting project environment. It is the responsibility of the project manager and the project team members to create a sustainable balance between the investment and the expected outcome of the project.
The project manager and the sponsors are responsible to evaluate the Measurable Organizational Values (MOV). Even the control and monitoring of the progress are also done by the project manager after successfully going through the project status.
References
Bilgihan, A., & Bujisic, M. (2015). The effect of website features in online relationship marketing: A case of online hotel booking. Electronic Commerce Research and Applications, 14(4), 222-232.
Bilgihan, A., Nusair, K., Okumus, F., & Cobanoglu, C. (2015). Applying flow theory to booking experiences: An integrated model in an online service context. Information & Management, 52(6), 668-678.
Binder, J. (2016). Global project management: communication, collaboration and management across borders. Routledge.
Boud, D., Cohen, R., & Sampson, J. (Eds.). (2014). Peer learning in higher education: Learning from and with each other. Routledge.
Eskerod, P., Huemann, M., & Savage, G. (2015). Project stakeholder management—past and present. Project Management Journal, 46(6), 6-14.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute.
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach. Routledge.
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Hornstein, H. A. (2015). The integration of project management and organizational change management is now a necessity. International Journal of Project Management, 33(2), 291-298.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
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