Developing Online Stud Farm Management System
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Student Name
ID Developing Online Stud
Farm Management
System
ID Developing Online Stud
Farm Management
System
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1. Part One
1. 1 MOV - Measurable Organisational Value
Area of Impact Rank (1 to 5)
Customer 1
Operational 2
Financial 3
Social 4
Strategy 5
1.2 Project value
The delivered value by the online stud farm management project are reflected below:
Better: The delivered services of the organization are quite better as the clients have the
opportunity of booking breeding services online.
Faster: The customers generally gets faster services from the organization due to the
development of the online management system.
Cheaper: The cost that is required for maintaining the operation is quite less is comparison
to the cost that is needed for handling manual operations within the organization.
Do more: The organization wants to target more number of customers online in order to
expand the business that deals with breeding services.
1.3 Comparison Metric and Time Frame
Area of Impact Rank (1 to 5) Metric Time Frame
Customer 1 Due to the facilities provided
by the new system, the
customers get attracted and as
a result, the number of
customers increases by 10%.
2 months
Operational 2 The organizational efficiency of
the organization increases due
to the development of online
stud system.
3 months
Financial 3 The organization revenue
enhances by 17% due to the
profit.
4 months
Social 4 Platform of social media is
utilized for promoting the
benefits that
1 month
Strategy 5 Effective strategies are utilized
in order to properly deal with
3 months
1. 1 MOV - Measurable Organisational Value
Area of Impact Rank (1 to 5)
Customer 1
Operational 2
Financial 3
Social 4
Strategy 5
1.2 Project value
The delivered value by the online stud farm management project are reflected below:
Better: The delivered services of the organization are quite better as the clients have the
opportunity of booking breeding services online.
Faster: The customers generally gets faster services from the organization due to the
development of the online management system.
Cheaper: The cost that is required for maintaining the operation is quite less is comparison
to the cost that is needed for handling manual operations within the organization.
Do more: The organization wants to target more number of customers online in order to
expand the business that deals with breeding services.
1.3 Comparison Metric and Time Frame
Area of Impact Rank (1 to 5) Metric Time Frame
Customer 1 Due to the facilities provided
by the new system, the
customers get attracted and as
a result, the number of
customers increases by 10%.
2 months
Operational 2 The organizational efficiency of
the organization increases due
to the development of online
stud system.
3 months
Financial 3 The organization revenue
enhances by 17% due to the
profit.
4 months
Social 4 Platform of social media is
utilized for promoting the
benefits that
1 month
Strategy 5 Effective strategies are utilized
in order to properly deal with
3 months
the customers.
2. Part Two:
2.1 Scope (minimal 10 items)
The scope of the project are as follows:
Selection of proper design platform
Outlining design
Completion of design development
Reviewing design
User interface development
Simulation Testing
Developing database
Alpha Testing
Migration of Data
Function Listing
Programming the functionalities
Black Box Testing
Complete System Development
Adding financial, breeding and mobile services
2.2 Out of Scope
The out scope of the project are as follows:
No facility of training is incorporated within the project
Selection as well as recruitment of project team members within the project
2.3 Assumptions
The project assumptions are as follows:
The resources will be needed for developing the project can be easily available
The budget $66,548 will be needed for the project
The timeframe of 120 days will be required for completing the project development
successfully.
2.4 Constraints
The project constraints are as follows:
The resources needed for developing the project must be easily available
The budget $66,548 must not exceed for finishing the project
The project development phase must be finished successfully within 120 days.
2. Part Two:
2.1 Scope (minimal 10 items)
The scope of the project are as follows:
Selection of proper design platform
Outlining design
Completion of design development
Reviewing design
User interface development
Simulation Testing
Developing database
Alpha Testing
Migration of Data
Function Listing
Programming the functionalities
Black Box Testing
Complete System Development
Adding financial, breeding and mobile services
2.2 Out of Scope
The out scope of the project are as follows:
No facility of training is incorporated within the project
Selection as well as recruitment of project team members within the project
2.3 Assumptions
The project assumptions are as follows:
The resources will be needed for developing the project can be easily available
The budget $66,548 will be needed for the project
The timeframe of 120 days will be required for completing the project development
successfully.
2.4 Constraints
The project constraints are as follows:
The resources needed for developing the project must be easily available
The budget $66,548 must not exceed for finishing the project
The project development phase must be finished successfully within 120 days.
2.5 Scope Management Plan
The scope management refers to the set of processes that helps in ensuring that the scope
of the project is defined properly. The techniques of scope management generally helps in enabling
both the supervisors as well as project managers for allocating proper amount of work that is
generally necessary for finishing the work of the project. The steps that are mainly undertaken for
managing the scope are as follows:
Proper determination of project scope related items
Analyzing various types of different factors that generally creates impacts on project scope
Development of proper scope integration related plan in order to retain the quality of the
scope
Deploying the entire scope plan in order to improve the operations of the organization
2.6 Resource Plan
People
Resource Name Std. Rate
System Analyst $40.00/hr.
Budget planner $40.00/hr.
HR Manager $50.00/hr.
Planner $50.00/hr.
Designer $60.00/hr.
Project Manager $60.00/hr.
System Developer $45.00/hr.
UI Designer $50.00/hr.
Database Admin $50.00/hr.
Database Vendor $35.00/hr.
IT Engineer $50.00/hr.
Risk Analyst $40.00/hr.
Contractor $35.00/hr.
Trainer $37.00/hr.
Trainees $0.00/hr.
Technology
Hardware RAM, computer, router, LAN cables
Software Programming platform, designing platform
Network Intranet, Internet,
Facilities
Proper connectivity of intranet and extranet within the infrastructure is present that
generally helps in favouring the development of information system successfully.
The scope management refers to the set of processes that helps in ensuring that the scope
of the project is defined properly. The techniques of scope management generally helps in enabling
both the supervisors as well as project managers for allocating proper amount of work that is
generally necessary for finishing the work of the project. The steps that are mainly undertaken for
managing the scope are as follows:
Proper determination of project scope related items
Analyzing various types of different factors that generally creates impacts on project scope
Development of proper scope integration related plan in order to retain the quality of the
scope
Deploying the entire scope plan in order to improve the operations of the organization
2.6 Resource Plan
People
Resource Name Std. Rate
System Analyst $40.00/hr.
Budget planner $40.00/hr.
HR Manager $50.00/hr.
Planner $50.00/hr.
Designer $60.00/hr.
Project Manager $60.00/hr.
System Developer $45.00/hr.
UI Designer $50.00/hr.
Database Admin $50.00/hr.
Database Vendor $35.00/hr.
IT Engineer $50.00/hr.
Risk Analyst $40.00/hr.
Contractor $35.00/hr.
Trainer $37.00/hr.
Trainees $0.00/hr.
Technology
Hardware RAM, computer, router, LAN cables
Software Programming platform, designing platform
Network Intranet, Internet,
Facilities
Proper connectivity of intranet and extranet within the infrastructure is present that
generally helps in favouring the development of information system successfully.
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Other
Travel Requirements Extra allowance is provided to the
project members.
Training Requirements Training programs are arranged for the
project employees.
3. Part Three:
3.1 Project Milestones
Milestone Completion date
Milestone 1: Completion of kick off phase Tue 16-01-18
Milestone 2: Completion of planning phase Thu 01-02-18
Milestone 3: Completion of designing phase Thu 22-02-18
Milestone 4: Completion of system development phase Mon 23-04-18
Milestone 5:Approval of system deployment Tue 15-05-18
Milestone 6: Completion of project closure phase Tue 15-05-18
Travel Requirements Extra allowance is provided to the
project members.
Training Requirements Training programs are arranged for the
project employees.
3. Part Three:
3.1 Project Milestones
Milestone Completion date
Milestone 1: Completion of kick off phase Tue 16-01-18
Milestone 2: Completion of planning phase Thu 01-02-18
Milestone 3: Completion of designing phase Thu 22-02-18
Milestone 4: Completion of system development phase Mon 23-04-18
Milestone 5:Approval of system deployment Tue 15-05-18
Milestone 6: Completion of project closure phase Tue 15-05-18
3.2 Project Activities
Figure 1: Project activities
(Source: Created by Author)
Figure 1: Project activities
(Source: Created by Author)
3.3 Project Resources
Figure 2: Project resources
(Source: Created by Author)
Figure 2: Project resources
(Source: Created by Author)
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3.4 Time Estimation
Figure 3: Time estimation
(Source: Created by Author)
Figure 3: Time estimation
(Source: Created by Author)
3.5 Project Budget
Figure 4: Project budget
(Source: Created by Author)
Figure 4: Project budget
(Source: Created by Author)
3.6 Time Phase Budget
January
2018
February
2018
March 2018 April 2018 May 2018 June 2018
$0.00
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$17,640.0
0 $13,280.0
0
$13,220.0
0 $10,320.0
0 $8,832.00
$3,256.00
Cost
Cost
Figure 5: Time phase budget
(Source: Created by Author)
4. Part Four:
4.1 Assumptions
The assumptions are as follows:
The resources will be needed for developing the project can be easily available
The budget $66,548 will be needed for the project
The timeframe of 120 days will be required for completing the project development
successfully.
4.2 Project Risk and Management Strategy
Risk
ID
Description Probability Impact Rate Assigned
To
Response
Strategy
Threat or
Opportunity
RF-
001
Resource
shortage: It is
difficult to
manage project
if there is
shortage of
resources
70% 3 210 Hr.
manager
The risk can be
successfully
prevented with
the
implementatio
n of resource
management
plan.
Threat
RF-
002
Errors within
the system: If
after
80% 5 400 Technica
l
The risk can be
properly
mitigated by
Threat
January
2018
February
2018
March 2018 April 2018 May 2018 June 2018
$0.00
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$17,640.0
0 $13,280.0
0
$13,220.0
0 $10,320.0
0 $8,832.00
$3,256.00
Cost
Cost
Figure 5: Time phase budget
(Source: Created by Author)
4. Part Four:
4.1 Assumptions
The assumptions are as follows:
The resources will be needed for developing the project can be easily available
The budget $66,548 will be needed for the project
The timeframe of 120 days will be required for completing the project development
successfully.
4.2 Project Risk and Management Strategy
Risk
ID
Description Probability Impact Rate Assigned
To
Response
Strategy
Threat or
Opportunity
RF-
001
Resource
shortage: It is
difficult to
manage project
if there is
shortage of
resources
70% 3 210 Hr.
manager
The risk can be
successfully
prevented with
the
implementatio
n of resource
management
plan.
Threat
RF-
002
Errors within
the system: If
after
80% 5 400 Technica
l
The risk can be
properly
mitigated by
Threat
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implementatio
n phase testing
is not done
then number of
errors can
occur within
the system.
engineer undertaking
proper testing
methods.
RF-
003
Design related
issues: If the
design that is
created is full
of flaws then it
will be difficult
to develop the
system.
70% 5 350 Designer The risk can be
effectively
prevented due
to the
recruitment of
experienced
and skilled
designers
Threat
RF-
004
Delay in
completing
project: If the
time of the
project is not
managed then
it will be
difficult to
finish the
project on
time.
75 4 300 Project
manager
The risk can be
mitigated by
following
project plan so
that entire
project can be
successfully
developed.
Threat
RF-
005
Extension of
project time: If
the project
managers
wants to
extend the
project time
then it can
80 4 360 Project
planner
The risk can be
accepted as the
extension in
timeframe can
be utilized for
adding number
functionalities
within the
Opportunit
y
n phase testing
is not done
then number of
errors can
occur within
the system.
engineer undertaking
proper testing
methods.
RF-
003
Design related
issues: If the
design that is
created is full
of flaws then it
will be difficult
to develop the
system.
70% 5 350 Designer The risk can be
effectively
prevented due
to the
recruitment of
experienced
and skilled
designers
Threat
RF-
004
Delay in
completing
project: If the
time of the
project is not
managed then
it will be
difficult to
finish the
project on
time.
75 4 300 Project
manager
The risk can be
mitigated by
following
project plan so
that entire
project can be
successfully
developed.
Threat
RF-
005
Extension of
project time: If
the project
managers
wants to
extend the
project time
then it can
80 4 360 Project
planner
The risk can be
accepted as the
extension in
timeframe can
be utilized for
adding number
functionalities
within the
Opportunit
y
raises the
financial
budget of the
project.
system.
5. Part Five:
5.1 Statement on Project Quality
The quality of the project can be properly managed by utilizing steps that are mainly listed
below:
Testing the quality of the hardware and software that is mainly used for developing the
management system
Arrangement of meeting on a regular basis for reflecting on the quality of the project
Testing the system after it is successfully developed.
5.2 Set of Verification Activities
Verification Activity When?
Analyzing budget It is done in the initiation phase.
Testing outcomes of different processes. This is performed within the planning phase.
External Analysis It is performed when the contract
procurement are analyzed.
5.3 Set of validation activities
6. Part Six:
6.1 Annotated Bibliography
Please see in Appendix
6.2 Closure Checklist
Closure checklist Checklist options
Has testing been completed? Yes
Have documents been reviewed and
approved?
Yes
Requirements Traceability Matrix been
checked?
No
All risks and issues closed Yes
Handover completed? Yes
Validation Activity When?
Validating test results After the testing phase, get finished.
Design Simulation After the design of the project is completed
NPV analysis After the cost of the project is estimated.
financial
budget of the
project.
system.
5. Part Five:
5.1 Statement on Project Quality
The quality of the project can be properly managed by utilizing steps that are mainly listed
below:
Testing the quality of the hardware and software that is mainly used for developing the
management system
Arrangement of meeting on a regular basis for reflecting on the quality of the project
Testing the system after it is successfully developed.
5.2 Set of Verification Activities
Verification Activity When?
Analyzing budget It is done in the initiation phase.
Testing outcomes of different processes. This is performed within the planning phase.
External Analysis It is performed when the contract
procurement are analyzed.
5.3 Set of validation activities
6. Part Six:
6.1 Annotated Bibliography
Please see in Appendix
6.2 Closure Checklist
Closure checklist Checklist options
Has testing been completed? Yes
Have documents been reviewed and
approved?
Yes
Requirements Traceability Matrix been
checked?
No
All risks and issues closed Yes
Handover completed? Yes
Validation Activity When?
Validating test results After the testing phase, get finished.
Design Simulation After the design of the project is completed
NPV analysis After the cost of the project is estimated.
Training completed? No
6.3 Project Evaluation
Evaluation Criteria Option
Project plan feasibility Yes No
Feasibility of design that is created for the system Yes No
Testing the results Yes No
Feasibility of the organizational operation Yes No
6.3 Project Evaluation
Evaluation Criteria Option
Project plan feasibility Yes No
Feasibility of design that is created for the system Yes No
Testing the results Yes No
Feasibility of the organizational operation Yes No
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Bibliography
Boud, D., Cohen, R., & Sampson, J. (Eds.). (2014). Peer learning in higher education: Learning from
and with each other. Routledge.
Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management techniques. A
theoretical framework.
Journal of Risk Research,
18(2), 232-248.
Coombs, C.R., 2015. When planned IS/IT project benefits are not realized: a study of inhibitors and
facilitators to benefits realization.
International Journal of Project Management,
33(2),
pp.363-379.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project
Management Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach. Routledge.
Heagney, J., 2016.
Fundamentals of project management. AMACOM Div American Mgmt Assn.
Heldman, K., 2018. PMP: project management professional exam study guide. John Wiley & Sons.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity.
International Journal of Project Management,
33(2),
pp.291-298.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques for the
practicing project manager. John Wiley & Sons.
Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing
structure and flexibility.
International Journal of Project Organisation and Management,
7(3),
251-269.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review
with a critical look at the brave new world.
International Journal of Project Management,
33(2), pp.278-290.
Terlizzi, M.A., de Souza Meirelles, F. and de Moraes, H.R.O.C., 2016. Barriers to the use of an IT
project management methodology in a large financial institution.
International Journal of
Project Management,
34(3), pp.467-479.
Boud, D., Cohen, R., & Sampson, J. (Eds.). (2014). Peer learning in higher education: Learning from
and with each other. Routledge.
Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management techniques. A
theoretical framework.
Journal of Risk Research,
18(2), 232-248.
Coombs, C.R., 2015. When planned IS/IT project benefits are not realized: a study of inhibitors and
facilitators to benefits realization.
International Journal of Project Management,
33(2),
pp.363-379.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project
Management Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach. Routledge.
Heagney, J., 2016.
Fundamentals of project management. AMACOM Div American Mgmt Assn.
Heldman, K., 2018. PMP: project management professional exam study guide. John Wiley & Sons.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity.
International Journal of Project Management,
33(2),
pp.291-298.
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques for the
practicing project manager. John Wiley & Sons.
Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing
structure and flexibility.
International Journal of Project Organisation and Management,
7(3),
251-269.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review
with a critical look at the brave new world.
International Journal of Project Management,
33(2), pp.278-290.
Terlizzi, M.A., de Souza Meirelles, F. and de Moraes, H.R.O.C., 2016. Barriers to the use of an IT
project management methodology in a large financial institution.
International Journal of
Project Management,
34(3), pp.467-479.
Appendix 1: Annotated Bibliography
Article 1: Coombs, C. R. (2015). When planned IS/IT project benefits are not realized: a study of
inhibitors and facilitators to benefits realization.
International Journal of Project Management,
33(2),
363-379.
The article illustrates planned IS/IT benefits by focussing on the study that deals on the
facilitators, inhibitors for benefit realization. According to Coombs (2015), IS/IT evaluations generally
helps in revealing that some of the organizations generally fails to realize various types of planned
benefits from the IS/IT projects. It is argued by the researchers who deals with benefit management
that change within the organization is quite necessary for successfully delivering the IS/IT related
project benefits. However, the present IS/IT evaluation related methodologies generally adopts
proper quantitative focus on the benefits and cost for considering various types of organizational
related dimensions.
Article: Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing
structure and flexibility.
International Journal of Project Organisation and Management,
7(3), 251-
269.
The paper mainly focusses on the new methods that mainly deals with knowledge
production for managing research projects. The literature report generally frictions between
research and management. In this article, number of academic research projects are investigated by
using the principles of project management (Riol & Thuillier, 2015). Proper analysis on managerial
facts indicates that the research related projects quite compatible by considering number of
similarities as well as cultural acceptance in context to project management value.
Article: Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management
techniques. A theoretical framework.
Journal of Risk Research,
18(2), 232-248.
The article illustrates the theoretical framework that deals with the techniques of project
risk management. Cagliano et al., (2015) stated that the pressure that is created by increasing the
quality of the project by minimizing time and cost generally creates emphasis on managing various
risks of the project. It is found that number of models as well as techniques are generally developed
in literature helps in successfully clarifying what needs to be utilized. The knowledge that is related
with risk management is quite helpful in dealing the project complexities quite effectively. However,
both communication as well as knowledge related creation are not considered easy while dealing
with number of uncertainties as decision making is both fragmented in the perspectives of
opportunities, goals as well as threat that is related with the project.
Article 1: Coombs, C. R. (2015). When planned IS/IT project benefits are not realized: a study of
inhibitors and facilitators to benefits realization.
International Journal of Project Management,
33(2),
363-379.
The article illustrates planned IS/IT benefits by focussing on the study that deals on the
facilitators, inhibitors for benefit realization. According to Coombs (2015), IS/IT evaluations generally
helps in revealing that some of the organizations generally fails to realize various types of planned
benefits from the IS/IT projects. It is argued by the researchers who deals with benefit management
that change within the organization is quite necessary for successfully delivering the IS/IT related
project benefits. However, the present IS/IT evaluation related methodologies generally adopts
proper quantitative focus on the benefits and cost for considering various types of organizational
related dimensions.
Article: Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing
structure and flexibility.
International Journal of Project Organisation and Management,
7(3), 251-
269.
The paper mainly focusses on the new methods that mainly deals with knowledge
production for managing research projects. The literature report generally frictions between
research and management. In this article, number of academic research projects are investigated by
using the principles of project management (Riol & Thuillier, 2015). Proper analysis on managerial
facts indicates that the research related projects quite compatible by considering number of
similarities as well as cultural acceptance in context to project management value.
Article: Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management
techniques. A theoretical framework.
Journal of Risk Research,
18(2), 232-248.
The article illustrates the theoretical framework that deals with the techniques of project
risk management. Cagliano et al., (2015) stated that the pressure that is created by increasing the
quality of the project by minimizing time and cost generally creates emphasis on managing various
risks of the project. It is found that number of models as well as techniques are generally developed
in literature helps in successfully clarifying what needs to be utilized. The knowledge that is related
with risk management is quite helpful in dealing the project complexities quite effectively. However,
both communication as well as knowledge related creation are not considered easy while dealing
with number of uncertainties as decision making is both fragmented in the perspectives of
opportunities, goals as well as threat that is related with the project.
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