Charter Development For Stud Farm Online Management System Project
- December 28, 2023/ Uncategorized
Part One
MOV – Measurable Organisational Value
Area of Impact |
Rank (1 to 5) |
Operational |
1 |
Strategy |
2 |
Customer |
3 |
Social |
4 |
Financial |
5 |
The value of the project is elaborated below:
Better: The online management system development helps in providing online services of breeding to the clients.
Faster: The organization can be able to resolve the queries of the organization quite faster.
Cheaper: The operational cost of the Stud farm organization reduces due to the development of online system.
Do more: The customers can able to book the breeding services online and can make the payment with the help of their mobile phone.
1.3 Appropriate metric
Rank |
Impact |
Metrics |
Timeframe |
1 |
Operational |
The operation of the stud farm improves due to the development of the online management system. |
2 months |
2 |
Strategy |
The strategy that is used by the organization helps in managing as well as tracking the system effectively. |
3 months |
3 |
Customer |
The number of customers increases by 15% due to the development of the new system. |
2 months |
4 |
Social |
The benefits as well as advantages of the service delivered by the stud farm are mainly promoted with the help of social media. |
1 months |
5 |
Financial |
The revenue of the organization increases by 20 % due to the development of online management system. |
4 months |
Scope
The scope for the development of stud farm management system includes:
- Creating prototype of the project
- Making improving within the project
- Identifying requirements of the system
- Interface design for entry of horse breeding process
- Database development for stallion and Mare owners
- Facility of checking breed registry
- Easy recording of procedures
- Review of breeding
- Generation of customized communication for corporate branding
- Development of marketing database
- Stallion booking and contract management
- Monitoring location status facility
- Facility of tracking cost
The out scope of the project is elaborated below:
- In this project, the facility of training is not given to the team members.
- Details about the suppliers who generally supply resources are not given
The project assumptions include:
- Development of online management system will be finished within the budget that is assumed which is around $120, 824
- The project will follow the schedule that is created
- The project will be advantageous for the customers as they can be able to get breeding services online
The constraints of the project are as follows:
- The budget that is approved by the project sponsor will be around $120,824 and thus the entire project should be finished within the approved budget.
- The project manager makes a rough planning for the project and expected that the project will be finished within 147 days thus it would be quite necessary to execute the project around the timeframe of 147 days.
- In order to execute the project, the project manager must be follow the scope that is elaborated in the initial phase.
The project scope that is illustrated in the initial phase of the project can be managed by following steps that are illustrated below:
Knowing project scope: It is quite necessary for the both the team members as well as business users to know the scope of the project.
Taking time to train: It is very much essential to train the project team so that they can able to react properly to the changes during the progress of the project.
Communicate: It is necessary to communicate constantly with the team member as well as stakeholder of the project team for avoiding scope creep.
- People
Resource Name |
Type |
Max. Units |
Std. Rate |
Project manager |
Work |
100% |
$ 30.00/hr. |
Project planner |
Work |
100% |
$ 25.00/hr. |
Financial manager |
Work |
100% |
$ 25.00/hr. |
Developer |
Work |
100% |
$ 25.00/hr. |
System engineer |
Work |
100% |
$ 25.00/hr. |
Designer |
Work |
100% |
$ 25.00/hr. |
Tester |
Work |
100% |
$ 23.00/hr. |
System analyst |
Work |
100% |
$ 25.00/hr. |
Database administrator |
Work |
100% |
$ 25.00/hr. |
Human resource manager |
Work |
100% |
$ 25.00/hr. |
Risk analyst |
Work |
100% |
$ 25.00/hr. |
Programmer |
Work |
100% |
$ 25.00/hr. |
System administrator |
Work |
100% |
$ 25.00/hr. |
Software engineer |
Work |
100% |
$ 23.00/hr. |
Project sponsor |
Work |
100% |
$ 0.00/hr. |
- Technology
Hardware |
RAM, hardware, desktop |
Software |
Server, Operating system, Java and more. |
Network |
Application firewall |
- Facilities
The organization provided first aid facility for all the stakeholders who are generally involved with the development of online system.
- Other
Travel Requirements |
The project manager allowed travelling facility for the team members who will work late night for developing the system. |
Training Requirements |
Training facility will be provided to those team members who are facing difficulty to work with the new system. |
Project Milestones
Milestone |
Completion date |
Milestone 1: Completion of project initiation phase |
Mon 13-11-17 |
Milestone 2: Completion of project planning phase |
Mon 20-11-17 |
Milestone 3: Completion of design phase |
Mon 27-11-17 |
Milestone 4: Completion of development phase |
Fri 16-03-18 |
Milestone 5: Completion of testing phase |
Thu 03-05-18 |
Milestone 6: Completion of monitoring and control phase |
Thu 24-05-18 |
Milestone 7: Completion of closure phase |
Thu 31-05-18 |
Assumptions
The assumptions that are made include:
- The entire project will be executed successfully within 147 days
- It is assumed that the budget that is required for implementing the online management system will be around $120,824
- The project must follow the scope while proceeding with the project in order to finish development of online management system within the expected budget and time.
Risk ID |
Description |
Probability |
Impact |
Rate |
Assigned To |
Response Strategy |
Threat or Opportunity |
1 |
Inappropriate budget estimation: Due to improper estimation of budget, it is quite difficult for the project manager finish the project successfully. |
Up to 90% |
High |
High |
Financial manager |
Undertaking earned value analysis can be helpful in resolving the issue. |
Threat |
2 |
Improper management of project schedule: If the schedule of the project is not tracked then it will be quite difficult to finish the project on the expected time. |
Up to 87% |
High |
High |
Project manager |
Tracking of project schedule on a monthly basis can be helpful in mitigating the issue. |
Threat |
3 |
Inexperienced project planners: If the project planners does not have idea as well as experience then it will be quite difficult to execute the project within the expected time successfully. |
Up to 77% |
Medium |
Medium |
Human resource manager |
Experienced project planners must be hired for the project. |
Threat |
4 |
Improper management: If the project managers are not able to manage the activities as well as other tasks of the project properly then the time that is required for finishing the project work increases. |
Up to 67% |
Medium |
Medium |
Human resource manager |
It is necessary to train the project managers before assigning them the project so that they can be able to manage the project successfully. |
Threat |
5 |
Technical issue: If the information of the customers are lost due to some technical issue then it will create huge loss for the revenue of the organization. |
Up to 80% |
High |
High |
System analyst |
The system must be checked after it is developed so that the technical issues can be successfully developed. |
Threat |
6 |
Extension of the project schedule: If the schedule of the project is extended for adding features then cost of the project also increases. |
Up to 70% |
Medium |
High |
Project manager |
The extension of the project must be done appropriately, as it is considered as positive risk because due to addition other features the services provided by the organization enhances. |
Opportunity |
- Statement on project quality
The online management system that is developed is helpful in giving proper breeding, financial as well as mobile services to the organizational clients so that they can be able to book services online. The quality analyst who is hired as a project stakeholder helps in analyzing the quality of the resources that are generally supplied for executing the project successfully. The steps that are generally undertaken by the quality analyst is helpful in providing quality-based services.
- A set of verification activities
Verification Activity |
When? |
Internal audits |
Internal audits are done after the online management system is developed. |
Testing raw material |
The raw materials that crosschecked before using it within the project. |
External audits |
External audits are generally done on the suppliers who generally supplies raw materials for the project. |
- A set of validation activities
Validation Activity |
When? |
Requirement based testing |
Requirement best testing is done after the system is developed for ensuring that the requirements of the organization are met. |
Testing implementation |
The system is tested after the implementation phase of the project. |
Testing phase |
The testing is done for ensuring that the system will work effectively and it will be helpful in meeting the requirements of the customers. |
- Annotated bibliography
Refer to appendices
- Develop a closure checklist
Activities |
Status |
Does the project testing phase is completed? |
Yes |
Does all the documents of the project are approved and reviewed? |
Yes |
Does the requirement traceability matrix is checked? |
No |
Does all the issues related with the project is closed? |
Yes |
Is project handover finished? |
No |
Is training completed |
No |
- Develop a project evaluation
The MOV, which is associated with the project, is generally evaluated with the help of procedure that is illustrated below:
- Proper identification of different areas of the project
- Proper timeframe of the project is set
- Identification of proper value of the project
- Identification of various areas of the project
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