E-commerce Website Project | Assignment

Running head: E-COMMERCE WEBSITE PROJECT
E-COMMERCE WEBSITE PROJECT
Name of the Student
Name of the University
Author Note

E-COMMERCE WEBSITE PROJECT 1
The online based retailing is a prospective and enormous market. Within the year
2021, the value of online retailing market is going to reach 4.5 trillion dollars. For making
more profit, the offline retailers are investing in the development in e-commerce. Without the
exact knowledge about ecommerce processes, this is very much easy to fail before launching
the website.
The development of an ecommerce website is consisting of many of the small
procedures like business analysis, UI development, choosing e-commerce related platform.
This is very much difficult for the online retailer for keeping the things under control
(Laudon & Traver, 2016). For not failing in the schedule and for avoiding the overrun of the
budget, there should be a clear strategy to manage the project.
If the owner of the online store have not any plan or the owners does not manage the
development procedure properly, then it is pretty sure that he may run into some problems.
Many of the online retailers focus mostly on the business plan of them to create an e-
commerce website (Imran et al., 2018). For making an e-commerce website, they may be
unknown to the market situation and also to the market competition. These kind of attitude
can result in lack of vision for the development in future for the e-commerce website.
Project Management Body of Knowledge also known as PMBOK is not a
methodology. It is the framework of guidelines, best practices, processes, standards,
terminologies and conventions, which are accepted as the standards of project management
industry. The framework of PMBOK from PMI is defined as the traditional methodology of
project management (Drob & Zichil, 2013). The most important thing for an e-commerce
related project is to maintain the building time. The developer should not add any of the
functionalities or feature to the project after starting as it is very much crucial for the business
that the developer have to change the specification of the project several times during the

E-COMMERCE WEBSITE PROJECT 2
building time. PMBOK methodology in the creation of the website of e-commerce refers to
five stages of the project management of the website of e-commerce. These stages contain
multiple techniques and processes of the project management of E-commerce website by
which for completing or evaluating the way of running the methodology or the project of use.
Project Initiation: In the project life cycle, project initiation is the initial stage. At this point,
the project's viability and quality are evaluated (Burke, 2013). The project managers have
used the evaluation methods to determine whether or not to undertake a venture.
Feasibility Study: It is the analysis of the project's cost, objectives and timelines to assess the
project's execution in the life cycle. This balances the project’s requirements with the
available resources for seeing if pursuing e-commerce website project makes sense or not.
Business case Document: The document of the project justifies the requirement of the
project and this includes the estimation of the sustainable financial benefits.
Project Planning: After receiving the green light, the project of E-commerce, needs the solid
plan in order to guide the team and should keep them on budget and time. The well planned
project provides the guidance to achieve the resources, procure the required materials and
obtain the financing (Fleming & Koppelman, 2016). This is also very much crucial to identify
the competitors who are already available in the market. The developers have to identify the
competitors, the keywords that are used by them, the cost as well as they have to learn as
much as possible about the business. The plan of the project provides the direction to the
team to handle risks, communicate to the stakeholders about the benefits, create acceptance,
manage suppliers and produce quality outputs. Planning of the project for the e-commerce
website prepares the team to handle the obstacle, which the project team can encounter in the
project life cycle and helps the team in understanding the timeframe, scope and cost.