GLOBEx Project Management: MOV, Scope, WBS, Risk Analysis, Quality Plan, Closure Checklist

GLOBEx Project management
MOV
[DATE]

Contents
Introduction...........................................................................................................................................2
Project Description................................................................................................................................2
Part One: MOV - Measurable Organizational Value.............................................................................2
Part Two: Scope Management...............................................................................................................4
Project Scope:....................................................................................................................................4
Resource list......................................................................................................................................4
People............................................................................................................................................4
Technology....................................................................................................................................5
Facilities........................................................................................................................................5
Travel and training........................................................................................................................5
Scope management Plan....................................................................................................................5
Part Three: WBS...................................................................................................................................8
Project Risk Analysis & Plan................................................................................................................9
Assumptions......................................................................................................................................9
Dependencies....................................................................................................................................9
Constraints.........................................................................................................................................9
Part Four: Risk Identification..........................................................................................................10
Risk Assessment..............................................................................................................................10
Part Five: Quality Plan........................................................................................................................11
Verification Activities.....................................................................................................................11
Validation Activities........................................................................................................................12
Part Six: Closure and Evaluation.........................................................................................................12
Closure Checklist............................................................................................................................13
Project Evaluation...........................................................................................................................14
References...........................................................................................................................................15

Introduction
Globex corporation is engaged in primary activities and is in the business of selling grains.
The want to replace their existing system which involves several manual processes and is
known to be error prone to something which is at least semi-automated and can eliminate the
errors. The resulting system is also expected to be faster, reliable and enhance productivity
levels of the organization. The project has been handed over to Virtucon and they are
engaged in the development of the system. The report below depicts a part of this project in
terms of MOV, Scope Management, Closure Checklist and Evaluation planning.
Project Description
Globex wishes to develop an i-Crop system which will allow them to manage buyers and
sellers of grains on one platform. The auctions and bidding could happen in one single
platform eliminating the need for time-consuming manual record keeping. The development
of the project is going to be handled by their long-time trusted partner known as Virtucon.
Part One: MOV - Measurable Organizational Value
Measurable Organizational Value or MOV is the value that the project brings to the
organization. In order to be proven that the project does indeed brings a value to the
organization, it must align with mission, organization’s vision as well as strategy. The MOV
should be measurable, verifiable, provide a real value and has to be pre-determined.
Area of management Rank of importance (from 1 to 5)

Strategy 3
Social 4
Budget and finance 4
Operational 5
Buyer/Seller/Virtucon management 4
Following are the management value which shall be brought by the proposed iCorp online
cash marketplace platform for the Globex Corporation:
 Low cost development of the online system would help Globex to optimize budget
costs.
 More transparency among buyer and seller about the buying and purchasing of grain
through online medium.
 Customers can access the system from anywhere and anytime. It will remain available
24x7.
Following are key metrics that may be accomplished according to the stakeholder’s needs
(Ponnappa, 2014):
Area of
Impact
Metrics Target
Strategic area Objectives of icorp should be
aligned with Globex’s
objectives
Aligned with Globex’s objectives i.e.
high revenue with fast and correct
online transactions.
Buyer and
Sellers
 Increase in market  300 new customers are added.