Project Plan: Launching a New Calculator - Semester 1, University

This project plan outlines the process of launching a new calculator, detailing the key stages involved, including market research, development, and budget allocation. The plan begins with market research to understand user needs, followed by the development phase which includes defining the team and their roles, and estimating the time required for each task. The plan also includes a detailed budget, outlining the anticipated revenue and expenses, providing a financial overview of the project. The project incorporates feedback mechanisms to ensure the product meets user expectations, and the plan references relevant academic sources to support the strategies employed. This comprehensive approach aims to ensure the successful launch of the calculator into the market.

PROJECT PLAN TIMELINE AND
BUDGET

Table of Contents
TASK ..............................................................................................................................................3
Project Planning of Launching a new Calculator............................................................................3
REFERENCES................................................................................................................................6

TASK
Project Planning of Launching a new Calculator
This report contains a detailed project plan for a company launching a new
calculator (Brandi and Fuentes, 2020). Project Planning-It is a technique to give details
to complete a project within a specific time period with using define steps and
resource. In project planning the following steps are included-
 Setting measurable objective
 Development process
 Controlling and manufacturing process
 Planning task
The company launching a new calculator which contain a details of
salary,date of birth and expected retirement pension of employees. Firstly company
can do research in a market of calculator based on requirement of user. After that
company will do developing process that how much time taken by team to
complete their work
Name Team Specialism Time Taken
Jerry Researching Team Research 4 Day
Megan Client Servicing Team Copywriting 3Day
Paul Web Development
Team
Maths 2Day
Steve Design team Creative Assets 1Day
Liseanne Design team UX 1Day
Tom Test team Maths 1Day
Testing of a calculator in the market will exist for a long period and can
change the technology with based on company environments (Cannas, Pero, Pozzi

and Rossi, 2018). After completing successful testing process company launching
a calculator in the market and company provide options to the user to give
feedback on a calculator. According to the feedback of user company can changes
in product as much possible.
Budget of the above project:
Budget:
It is an estimation of income and expenses of the future period (Petrelli,
Fioriti, Berizzi and Poli, 2020). It is based on past data and compare with actual
data ,if any variance arise out then budget will prepare again.
Budget of a calculator for the day:
Revenue £6000
Expenses: Research £400
Design:Copywriting £550
Maths £350
Front end programming £250
Back end programming £470
Creative assets £200
UX £550
Maths £1340
Total expenses £4110
Profit 1890
Note:It has been assumed the revenue and research expense of calculator is£6000
and £400 per day.

REFERENCES
Books and Journals:
Brandi, K. and Fuentes, L., 2020. The history of tiered-effectiveness contraceptive counseling
and the importance of patient-centered family planning care. American journal of
obstetrics and gynecology, 222(4), pp.S873-S877.
Cannas, V.G., Pero, M., Pozzi, R. and Rossi, T., 2018. An empirical application of lean
management techniques to support ETO design and production planning. IFAC-
PapersOnLine, 51(11), pp.134-139.
Petrelli, M., Fioriti, D., Berizzi, A. and Poli, D., 2020. Multi-year planning of a rural microgrid
considering storage degradation. IEEE Transactions on Power Systems, 36(2), pp.1459-
1469.