ICT Project Management

This document provides an overview of MBFSA project management, including measurable organizational value, scope, work breakdown structure, risk analysis, and management plan. It also covers project closure and evaluation. The document is relevant for students studying ICT project management.

Running head: ICT PROJECT MANAGEMENT
ICT Project Management
Name of Student
Name of University
Author Note

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ICT PROJECT MANAGEMENT
Table of Contents
Overview of MBFSA and its Description...........................................................................3
Part 1: Measurable Organisational Value (MOV)...............................................................3
1.1. Area of Impact (Desired)..........................................................................................3
1.2. Project Value that is identiifed.................................................................................3
1.3. Stakeholders’ Expectations and Target....................................................................4
1.4. The Timeline for achieving MOV............................................................................4
1.5. MOV Summary........................................................................................................5
Part 2: Scope of MBFSA and Plan for Management of the Scope..................................5
2.1. Scope of MBFSA and its management.....................................................................5
2.2. Resources List in the MBFSA..................................................................................6
Part 3: Work Breakdown Structure (WBS).........................................................................7
3.1. WBS for MBFSA.....................................................................................................7
3.2. Deliverable and Milestone........................................................................................8
3.3. Resource Assignment.............................................................................................10
3.4. Project Budget........................................................................................................12
Part 4: Project MBFSA Risk Analysis and the Risk Management Plan............................14
4.1. Assumptions...........................................................................................................14
4.2. Risk Identification and Mitigation Plan..................................................................14
Part 5: Management Plan of MBFSA Project....................................................................16

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5.1. Objective of Team..................................................................................................16
5.2. Project Verification Activities................................................................................16
5.3. Project Validation Activities...................................................................................16
Part 6: Project Closure and Evaluation..............................................................................17
6.1. Closure Checklist....................................................................................................17
6.2. Evaluation of Project MOV....................................................................................17
Bibliography......................................................................................................................18
Appendix............................................................................................................................20
Annotated Bibliography.................................................................................................20

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Overview of MBFSA and its Description
The MBFSA project aims in development of the mobile-based application that is
expected ensure effective management of the MBFSA program. The MBFSA program involves
development of a system that will let the farmers plan their crops by depicting the data about the
maximum yield in a particular time of year. The application will need the farmers to register
themselves on the application to add, update and delete the data.
Part 1: Measurable Organisational Value (MOV)
1.1. Area of Impact (Desired)
Operational: The undertaken MBFSA project is expected to be developed in such a way
that a high degree of operational efficiency will be achieved.
Strategy: The propose MBFSA application is expected to manage the problem of over-
growing a crop faced by the farmers in an effective manner.
Customer: The application that is to be developed is expected to have a positive impact
on the farmers, for whom the crop is designed.
Social: The application is expected to assists the farmers in management of the crop,
which is one social benefit.
Financial: The MBFSA project is anticipated to improve the cost efficiency of crops
grown.
1.2. Project Value that is identiifed
Value Better (On scale Faster (On scale Cheaper (On Do More(On

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Area of
Impact
of 1 to 5) of 1 to 5) scale of 1 to 5) scale of 1 to 5)
Financial 1 3 1 1
Strategy 2 2 1 2
Social 2 2 2 3
Operational 3 2 2 2
Customer 3 3 2 2
1.3. Stakeholders’ Expectations and Target
The stakeholders’ and expectations and target are indicated in the table below-
Stakeholders Expectations Target
Virtucon Representatives It is expected that the stakeholder
will effectively manage the
development of MBFSA
To implement the project is a less
cost
Globex Representatives Will supervise the execution of
the MBFSA program
TO ensure all the project
objectives are met
Farmers Will coordinate with the project
team
Will help the project team
Government Will support and fund the project Will ensure that the project offers
business benefits.
1.4. The Timeline for achieving MOV

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Figure 1: the Timeline for achieving MOV
1.5. MOV Summary
MOV Description
Project Overview Defines the objectives of the project
Area of Impact Defines the area on which the project will have a
high impact
Project value Defines the value of the Project
Stakeholders’ Expectations Defines the stakeholders’ need and target
Timeframe Defines the time within which the project will be
completed
Part 2: Scope of MBFSA and Plan for Management of the Scope
2.1. Scope of MBFSA and its management

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The MBFSA project scope is to deliver a cost efficient system that will enable the
farmers to effectively plan and decide their crops. The system to be developed will have high
functionality and low maintenance. The in-scope of the MBFSA project is indicated as follows-
 To develop a system within the set budget
 To help the farmers plan their crops to reduce the losses
The out-scope project requirements are-
 Training the staffs and the farmers
 Maintenance of the application
2.2. Resources List in the MBFSA

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Figure 2: Representing the Resources

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Part 3: Work Breakdown Structure (WBS)
3.1. WBS for MBFSA
Figure 3: Representing the WBS

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3.2. Deliverable and Milestone
The deliverables and Milestone are indicated in the following figure-

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Figure 4: Representing the Deliverables and Milestone
3.3. Resource Assignment

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Figure 4: Illustrating the Resource Assignments as per the tasks to be executed
3.4. Project Budget

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Figure 5: Representing the Budget of the Project
The above figure indicates that the total budget of the project is $220,120.
Part 4: Project MBFSA Risk Analysis and the Risk Management Plan
4.1. Assumptions
The assumptions considered in the MBFSA project are -
 It is possible to deliver the application within the identified time
 All the resources will be continuously available for project execution
 Virtucon will be able to implement the project is a low cost
4.2. Risk Identification and Mitigation Plan
Five major risks and the risk identification framework is described in the table below-
Risk Number Risk Framework
R1 Financial Risk The project could not be

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delivered in a low cost
R2 Technical Risk The Application fails to work as
expected
R3 Performance Risk The data processing is too slow
R4 Time Issue The time allocated is insufficient
R5 Quality Issue The project could not achieve the
desired quality
FIgure 6: Representing the Risk Matrix
The mitigation approach of each risk is identified in the table below-
Risk Mitigation
Financial Risk : The Project is not completed The manager of the project is needed to finish the

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within the set Budget remaining work in as much low budget as possible
Technical Risk : The developed system cannot
detect an exact location
The project should be supervised by a good
technical expert
Performance Risk: The application fails to manage
the different criteria of crop growing
The implementation process of the application
should be reengineered
Time Issue : The MBFSA app is not delivered
within time
Project team should possess effective time
management skills
Quality Issue : An application of average quality is
delivered that does not meets all the specification
Regular quality checking in needed
Part 5: Management Plan of MBFSA Project
5.1. Objective of Team
The objectives of team are as follows-
 To ascertain that the MBFSA project is delivered in a less cost
 To ascertain the MBFSA project is finished within the set time
5.2. Project Verification Activities
The verification activity of the MBFSA system include testing whether the application
developed fulfils all the criteria set by Globex
5.3. Project Validation Activities

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As per the Project validation activity, after the completion of the MBFSA project, the
project will be examined on basis of the extent, the application is capable of performing as per
the specifications.
Part 6: Project Closure and Evaluation
Evaluation of a roject is an important component of project closure. A successful project
closure assures the client that all the objectives of project are fulfilled (refer to appendix).
6.1. Closure Checklist
The closure checklist is indicated as follows-
Closure Activities Whether
Complete
The verification Activities are completed
successfully

The validation activities are executed successfully 
Project Evaluation is Completed 
Project specifications are validated 
Payment Completion 
Resource Release 
6.2. Evaluation of Project MOV
The project MOV will be examined on the extent, Virtucon has been successful in
delivering MBFSA application as per the specifications set by the Globex.

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Bibliography
Aven, T. (2016). Risk assessment and risk management: Review of recent advances on their
foundation. European Journal of Operational Research, 253(1), 1-13.
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
Davis, K. (2014). Different stakeholder groups and their perceptions of project success.
International journal of project management, 32(2), 189-201.
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach.
Routledge.
Heagney, J. (2016). Fundamentals of project management. Amacom.
Hopkin, P. (2018). Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Larson, E. W., Gray, C. F., Danlin, U., Honig, B., & Bacarini, D. (2014). Project
management: The managerial process (Vol. 6). Grandview Heights, OH: McGraw-
Hill Education.
Lech, P. (2013). Time, budget, and functionality?—IT project success criteria revised.
Information Systems Management, 30(3), 263-275.

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Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A. M. E., & Villanueva, P. (2014).
Project risk management methodology for small firms. International journal of project
management, 32(2), 327-340.
Marchewka, J. T. (2014). Information technology project management. John Wiley & Sons.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and
technology. Routledge.
Pritchard, C. L., & PMP, P. R. (2014). Risk management: concepts and guidance. Auerbach
Publications.
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D.
(2015). Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.

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Appendix
Annotated Bibliography
Marcelino-Sádaba, S., Pérez-Ezcurdia, A., Lazcano, A. M. E., & Villanueva, P. (2014).
Project risk management methodology for small firms. International journal of
project management, 32(2), 327-340.
According to Marcelino-Sádaba et al. (2014), management of the projects in an effective
manner is an important for ensuring effective completion of the project. Project closure and the
evaluation phase is important as it involves releasing of the final deliverables to the customer in a
proper way. Project closure is important aspect of project management as it indicates that a
completed project is delivered to the clients. Successful project closure further indicates that the
all the project risks are addressed in a successful manner. The authors stresses on the need of
implementation of the risk management in an organization to ensure that the project is executed
as per the requirements. The project closure and evaluation of the completed project is mainly
carried out by a person in the project team having and unbiased opinion of the outcome of the
project. Successful evaluation of the project will be possible if all the major risks associated with
the project are managed in an effective manner. The risks management process is particularly
integral for the small firms as these firms lacks effective risk management methodology. The
post project review or post project evaluation is necessary to ensure successful project
completion. One of the necessary elements of a project closure is checking whether all the tasks
in the project have been executed in a successful manner. Prior to the end of the project, the
project team should be able to fulfil all the criteria of project implementation. Effective project
evaluation helps in successful project closure.

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Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D.
(2015). Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.
Todorović et al. (2015) state that success of a project is largely dependent on appropriate
project planning and implementation. The project team play a significant role in ensuring success
of the project. Effective analysis of the various project constraints is needed to ascertain project
success. One of the major success analysis framework associated with the implementation of the
project involves designing of a knowledge based approach that can guarantee successful project
execution. A number of researches indicate that one of the major reasons behind the failure of a
project is incorrect identification of the critical successful factors. Identification of the critical
success factors of the project significantly has positive experience in success of a project. Project
evaluation is one of the critical factors that contribute to successful execution of the project. It is
essential for the project team to understand the importance of the project closure and evaluation
so that a particular project can be completed in a successful manner. The knowledge based
approach related to management of the project indicates that successful project closure can have
a positive impact in the project. The successful project closure is therefore necessary to ensure
that a project has been completed as per the set objectives and the scope of the project.
Davis, K. (2014). Different stakeholder groups and their perceptions of project
success. International journal of project management, 32(2), 189-201.
Davis (2014), argue that different stakeholders associated with the project has different
perception of project success. It is essential for the stakeholders to have a better understanding of
the project success to assess the extent to which the project has been successfully executed. One