Individual Report on EBTH

INDIVIDUAL REPORT ON
EBTH
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TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
PROJECT MANAGEMENT METHODOLOGY..........................................................................3
PROJECT SPECIFICATION..........................................................................................................4
Project scope................................................................................................................................4
Project life cycle..........................................................................................................................4
Risk plan......................................................................................................................................4
Product definition........................................................................................................................5
Quality plan.................................................................................................................................6
PROJECT PLAN.............................................................................................................................6
Stage of development..................................................................................................................6
Work break structure...................................................................................................................7
High level schedule......................................................................................................................7
SKILLS AND RESOURCE REQUIRMENTS...............................................................................8
Project stakeholders.....................................................................................................................8
Project team structured................................................................................................................8
Organisation Breakdown Structure..............................................................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
With the use of right digital transformation Everything But The House has been able to
make their revenue generation from $8 million to $70 million in 4 years of time. The company
has understood the value of estates and properties which are belonging to the people who died or
have shifted to retirement houses. There are a lot of actions which have been taken by the
company to be able to operate effectively in the market after getting digitalization which is going
to be a great factor. The company is planning to get in more changes from time to time which are
beneficial for the overall working and to be able to gain the right standard as well that is
beneficial for the company to be able to operate efficiently.
PROJECT MANAGEMENT METHODOLOGY
Traditional methodology is used when projects are running in sequential cycle. That means
it follow a particular sequence which is initiating, planning, executing, monitoring and the
closing. Traditional methodology puts extra emphasis on processing linearly then documenting
followed by upfront planning and prioritizing. Time and budget are variables in traditional
project management approach. The requirements are fixed and because of this, it repeatedly
faces problems relating to budget and time issues (Teo and Loosemore, 2017). Major benefits of
using traditional methodology are, having clear and defined objective, process that can be
controlled, there is a clear form of documentation and more accountability. This method can be
used for large scale projects where user requirements are clearly defined before the
implementation process. There is very less involvement of clients in traditional method, they are
involved initially but not after when the execution starts. Traditional model is in favour of
anticipation and major focus in on the process rather than the product. Tests are planned at a
single time and project manager gets approval by providing the estimation for entire project.
Reviews and approvals are given by leaders.
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