Project Management for MBFSA Crop Yield Maximization

Running head: PROJECT MANAGEMENT
Project Management
Name of Student
Name of University
Author Note

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PROJECT MANAGEMENT
Table of Contents
Description/Overview..........................................................................................................3
Part 1: MOV........................................................................................................................3
1.1. Area of Impact..........................................................................................................3
1.2. Identified Project Value............................................................................................4
1.3. Stakeholders’ Expectations and Target Metric.........................................................5
1.4. Set Timeline for MOV..............................................................................................5
1.5. Summary of the MOV..............................................................................................6
Part 2................................................................................................................................7
2.1. Scope.........................................................................................................................7
2.2. Resources..................................................................................................................7
Part 3....................................................................................................................................8
3.1. Work Breakdown Structure for MBFSA..................................................................8
3.2. Deliverable and Milestone......................................................................................10
3.3. Resource Assignment.............................................................................................12
3.4. Project Budget........................................................................................................16
Part 4..................................................................................................................................18
4.1. Project Assumptions...............................................................................................18
4.2. Risk Identification Framework...............................................................................18
4.3. Risk Ownership Strategy........................................................................................19

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Part 5..................................................................................................................................21
5.1. Team’s Philosophy.................................................................................................21
5.2. Verification Activities............................................................................................21
5.3. Validation Activities...............................................................................................21
Part 6: Closure and Evaluation..........................................................................................21
6.1. Project Closure Checklist.......................................................................................21
6.2. Evaluation of Project MOV....................................................................................22
Bibliography......................................................................................................................23
Appendix............................................................................................................................24
Annotated Bibliography.................................................................................................24

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PROJECT MANAGEMENT
Description/Overview
The MBFSA project aims in making use of modern technology to maximize the yield of
the crop growers. In this project, an application will be developed that will make use of a GPS
system to predict the crops that will provide a maximum yield in that season of the year. The
project will be executed by Virtucon and is owned by Globex.
Part 1: MOV
The measurable organization value is generally used for defining the value and the goal
of an undertaken project.
1.1. Area of Impact
Area of Impact Rank Effect
Financial 1 MBFSA application is
developed and deployed in a
very low cost and has a
negligible operational cost.
Therefore, the project has a
large financial value and
hence it is ranked 1.
Customer 2 The application is being
developed for the customers.
The project will have a large
impact on the farmers and the
wholesalers as the project is

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being developed to predict the
crops that will provide a
maximum yield.
Operational 3 This project involves
development of system that
will provide the farmers and
the wholesalers with the
accurate data needed to
improve the crop yield of a
particular region. Therefore, it
can be said that the particular
project has a large operational
benefit as well.
Social 4 The project has a considerable
social benefit as well because
it is being deployed for the
farmers.
Strategy 5 The strategy of making use of
GPS system is to develop an
application that can control the
losses linked with incorrect
yield is quite good and this has
certain operational benefits as

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well.
1.2. Identified Project Value
The two identified project values linked with this particular case is Better and cheaper.
The application that will be deployed proposes a better strategy that can improve the crop yield
and it is being implemented in a cheapest way possible.
1.3. Stakeholders’ Expectations and Target Metric
Stakeholders Expectations Target Metric
Virtucon Virtucon is expected to
provide a satisfactory
prototype and good working
software in a low cost
Delivery of a working
software in 6 months
Globex Globex is expected to provide
a full support to Virtucon in
deploying the application
Providing the detailed
requirements within 1 month
of project start
Government This stakeholder is expected to
provide needed help to Globex
and Virtucon
To provide the necessary data
within 2 months
Farmers This stakeholder is expected to
provide full support to the
project deployment team
To provide their views on the
prototype delivered in 1 week.