The assignment requires the design and implementation of Collin's car parking system, which includes various teams such as administrative team, management team, maintenance team, accounts department, dispute handling team, and a team to view and incorporate customer reviews. The system aims to provide facilities to customers, including booking tickets and allotting parking areas, while managing risks such as data breaches and system failures. The proposed outcomes include attracting huge numbers of customers, generating profits, and providing low-cost services.