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OBJECT MODELLING 11 11 OBJECT MODELLING Object Modelling [Name of the Student] [Name of the University]

   

Added on  2021-04-17

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Running head: OBJECT MODELLING
Object Modelling
[Name of the Student]
[Name of the University]
[Author note]
OBJECT MODELLING 11 11 OBJECT MODELLING Object Modelling [Name of the Student] [Name of the University]_1

OBJECT MODELLING1
1. Vision Document.........................................................................................................................2
1.1. Background...........................................................................................................................2
1.2. Identification and Description of the Problem......................................................................2
1.3. Capabilities of the Existing System......................................................................................2
1.4. Benefits of the Business........................................................................................................3
2. Required Resources.....................................................................................................................4
1. Software:..............................................................................................................................4
2. Hardware:............................................................................................................................4
3. Involvement of People and stakeholders:............................................................................4
4. Financial:.............................................................................................................................5
5. Requirements of the User:...................................................................................................5
3. Stakeholder Analysis and Stakeholder Map................................................................................5
3.1. Stakeholder Map...................................................................................................................7
4. Project Feasibility or Risks..........................................................................................................8
5. Possible outcomes........................................................................................................................8
5.1. Outcomes of the business.....................................................................................................8
5.2. Outcomes for the Users.....................................................................................................9
References:....................................................................................................................................10
OBJECT MODELLING 11 11 OBJECT MODELLING Object Modelling [Name of the Student] [Name of the University]_2

OBJECT MODELLING2
1. Vision Document
1.1. Background
Collin’s ATM bank is a bank service which requires an ATM for the purpose of
facilitating the customers with the daily banking activities that they do. The new system that is to
be developed would be consisting of a card reader which would be capable of reading the cards
issued by the bank for the customers. Besides some additional features are also to be added to the
new system which includes a keyboard, a display, a cash dispenser and a printer which would be
associated with printing of the transactional details whenever a customer wishes (Narteh, 2013).
This section of the report would be discussing about the problem capabilities and the benefits
that the new system can bring.
1.2. Identification and Description of the Problem
Collin’s ATM bank faces a major problem that is the unavailability of proper ATM
system. Due to this reason the organization requires an ATM facility that would be associated
with helping the customers perform their daily banking activities (Sridharan, Pramod & Sunitha,
2014). ATM acts an necessary service for any type of bank as it is associated with providing the
customers with a benefit of withdrawing money from anywhere along with getting access to
various banking services any time without visiting the bank which helps them save a lot of time.
1.3. Capabilities of the Existing System
The ATM service that is to be developed would help in identification and authorization of
the user by reading the information from the card by making use of the card reader which would
be present in the sew system. Once the verification process is completed then only the customer
would be allowed to enter the security verification code so as to withdraw the money (Van
OBJECT MODELLING 11 11 OBJECT MODELLING Object Modelling [Name of the Student] [Name of the University]_3

OBJECT MODELLING3
Anholt et al., 2016). Few sub stages that would be included in the system after verification is
done and this are asking the customer about their account preference (like the Savings, credit or
super saver) for the purpose of continuing with further transactions from the account. Another
thing that would be checked by the new system while withdrawing money user is the amount of
money that is present at that moment in the account of the user (Jegede, 2014). This is done so as
to check if the user is capable of withdrawing the amount the money that the user inputs. Besides
money withdrawing there would be other features like the transferring of money and printing of
the transaction history as well.
1.4. Benefits of the Business
The new system with be associated with providing of various benefits for the customers
as well as the Collin’s bank. Various types of business benefits would be provide to the bank as
well. Some of the benefits are listed below:
1. Customers would be able to avail the ATM service 24*7 and this would initially help in
engaging more customers towards the services of the bank.
2. The availability of this service would eliminate the frequent visits to the bank due to
various reasons. This would help the bank a lot by managing their services in a more
effective manner due to fact that ATMs are much faster and efficient as compared to the
banks (Ogbuji, Onuoha & Izogo, 2012).
3. The increased rate of engagement of the customers with the bank by making use of the
new system will help in increasing the business value of the organization.
4. There also exists the possibility of increase in the customer traffic along the possibility
for retention of customers.
OBJECT MODELLING 11 11 OBJECT MODELLING Object Modelling [Name of the Student] [Name of the University]_4

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