Information Technology Project Management: MBFSA Program

Develop a plan for the entire MBFSA project execution by VIrtucon. The mobile support application that is planned to be developed will be capable of fetching the weather details that has the capability of helping the farmers and the wholesalers to plan the yield and the selling of the crops accordingly.

Running head: INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Information Technology Project Management: MBFSA Program
Name of Student
Name of University
Author Note

1INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Table of Contents
Introduction..........................................................................................................................3
Overview of MBFSA Program............................................................................................3
Part One: MOV....................................................................................................................3
1.1. Impact Area..............................................................................................................3
1.2. Value the project will bring......................................................................................4
1.3. Stakeholders’ Expectations and Target....................................................................5
1.4. Time calculated for achieving the MOV..................................................................5
1.5. Summary of the MOV..............................................................................................6
Part Two...........................................................................................................................8
2.1. Scope.........................................................................................................................8
2.2. Resources..................................................................................................................8
Part Three...........................................................................................................................10
3.1. Work Breakdown Structure....................................................................................10
3.2. Deliverable and Milestone......................................................................................14
3.3. Resource considered...............................................................................................18
3.4. Project Budget........................................................................................................21
Part Four............................................................................................................................27
4.1. Assumptions...........................................................................................................27
4.2. Framework for identification of the Risks..............................................................27

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4.3. Risk Assessment and Ownership Strategy.............................................................28
Part Five.............................................................................................................................30
5.1. Team’s Philosophy.................................................................................................30
5.2. Validation and Verification Activity......................................................................30
Part Six...............................................................................................................................32
6.1. Project Closure Checklist.......................................................................................32
6.2. Evaluation of Project MOV....................................................................................32
References..........................................................................................................................33
Appendix............................................................................................................................34
Appendix 1: Annotated Bibliography............................................................................34
Appendix 2: PM File.....................................................................................................36

3INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Introduction
The Globex Corporation has considered a strategic execution of a project to develop a
mobile support application that can be used by the farmers to collect and gather information
related to effective farming practises. The development of the application is crucial as Globex
anticipates that the developed application will be able to reduce the operational issues related to
farming business and the business of the Wholesalers. This report aims in development of a plan
for the entire MBFSA project execution by VIrtucon
Overview of MBFSA Program
The mobile support application that is planned to be developed will be capable of
fetching the weather details that has the capability of helping the farmers and the wholesalers to
plan the yield and the selling of the crops accordingly. The project has the support of the local
government who will help the completion of the MBFSA project by supporting the project with
the necessary data related to the weather. The plan that is prepared provides a detailed
description of the task to be conducted in execution of this particular project.
Part One: MOV
The value that a particular project or a product will bring to the organization can be
described as measurable organizational value (Tosti & Herbst, 2014).
1.1. Impact Area
Area of Impact Rank Effect
Financial 1 The financial area is anticipated
to have a high effect (positive)

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and the project is planned to be
executed in a much low cost
Customer 2 The area of the customer seems
to have a high effect as well since
it is being deployed for the
benefits of the local people
Social 3 The project will have a high
social effect as well, as the aim
of the project is to increase the
efficiency in farming business
Strategy 4 The strategic area will have a
high influence as well since a
mobile device is being used for a
critical task.
Operational 5 The operational area may not
have a high effect in the project.
However, it can improve the
efficiency of growing crops
Table 1: The Impact Area
1.2. Value the project will bring
On analysis of the impact of the project as identified in the previous section, it can be said
that the project will bring value of “Cheaper” and “Do More”. The management of the famring

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business will be cheaper, while the client can continue its growth by making use of the
application.
1.3. Stakeholders’ Expectations and Target
Stakeholders Expectations Target
Globex The expectations linked with
Globex is that the stakeholder
will deliver MBFSA in 6 months
6 months is dedicated to achieve
the expectations
Farmers Will provide the needed help
regarding the farm location and
quantity of expected crop growth
Two months, till the prototype is
prepared and delivered
Wholesalers Will provide the required
business details along with the
contact details
Two months till the development
of the prototype
Government Will provide the necessary
details of the weather and the
market demands
Within 2 months, till the
development of the prototype
Table 2: Stakeholders Expectations and Target
1.4. Time calculated for achieving the MOV
The time that is estimated for achieving the measurable organization value of the Globex,
from this project is estimated to be six months approximate. The time line for achieving each
task and the deliverable is indicated in the table below-
Task Name Duration Start Finish

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Project Schedule of MBFSA 118 days Mon 01-07-19 Wed 11-12-19
The phase of Requirement
Collection
11 days Mon 01-07-19 Mon 15-07-19
The phase of Planning and
Designing the MBFSA
29 days Tue 16-07-19 Fri 23-08-19
The Phase of Building the
Prototype and MBFSA
Application
68 days Mon 26-08-19 Wed 27-11-19
Phase of Application Launch 4 days Thu 28-11-19 Tue 03-12-19
The Phase of Project
Evaluation and Closure
6 days Wed 04-12-19 Wed 11-12-19
Table 3: Showing the time taken to achieve the MOV
1.5. Summary of the MOV
MOV elements Summary
Project Overview The project is being develop to provide support to
the farmers
Impact Area The area of customers and social will be highly
impacted by the project
Value The project will bring value of cheaper and DO
More
Stakeholders and their Target The maximum timeframe for the stakeholders to

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meet the target is 6 months
Time Required The project will be completed in Six months
Table 4: The MOV Summary

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Part Two
2.1. Scope
The deliverables that the project can deliver to the client can be defined as the scope of
any project (Harrison & Lock, 2017). Therefore, it becomes quite essential to identify the Scope
of the MBFSA project.
In-scope
 Time: The project is possible to be completed within 6 months Training: Training the users regarding the new application is needed and is considered as
a part of the project.
Out-Scope
 Maintenance is not considered within the time limit of 6 months It is not possible to provide training to all the farmers of the region
2.2. Resources
The Resources considered for this particular project and their rate of payment is indicated
in the table below-
Resource Name Std. Rate Cost/Use
Project Manager $25.00/hr $0.00
Business Analyst $20.00/hr $0.00
Globex $10.00/hr $0.00
Technical Writer $10.00/hr $0.00
Resource Allocator $25.00/hr $0.00

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Coder $40.00/hr $0.00
Technical Engineer $25.00/hr $0.00
Virtucon $10.00/hr $0.00
Testing Expert $25.00/hr $0.00
Manager of Quality Control $25.00/hr $0.00
Software Designer $40.00/hr $0.00
Hardware Cost $0.00 $20,000.00
Archive $0.00 $600.00
Software Cost $0.00 $18,000.00
Table 5: Showing the resources considered for MBFSA
The resource sheet generated from MS project is indicated in the following figure-
Figure 1: The Resource Sheet as generated from MS project
Since the project is undertaken by Virtucon, it is assumed that Virtucon will be equipped
with the needed technological requirements and therefore, no separate technology or facility is

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considered for execution of the project. Therefore, only the human resource and the material
needs are considered for execution of the project.
Part Three
3.1. Work Breakdown Structure
It is assumed that the project will be completed in six months and therefore, for better
management of the project, the entire project is divided into a number of manageable units (refer
to appendix 2), which is indicated in the table below-
WBS Task Name Duration
0 Project Schedule of MBFSA 118 days
1 The phase of Requirement Collection 11 days
1.1 Globex and Virtucon will be preparing the Business Case 2 days
1.2
The requirements will be gathered by Virtucon as
specified by Globex
1 day
1.3 The Scope of the Project will be Identified 1 day
1.4 Considering the Scope, the project plan will be prepared 2 days
1.5
The Risk management process linked with the project is
performed
2 days
1.6 The Test of the Application to be developed is conducted 1 day

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1.7
The Quality measure and the Quality Planning is
Identified
1 day
1.8 M1: Completion of preparing for the Project 0 days
2 The phase of Planning and Designing the MBFSA 29 days
2.1 Conceptual Design is developed by the Project Team 3 days
2.2 Sub phase of creation of Logical Design 25 days
2.2.1
Logical Design of the market information system is
developed
5 days
2.2.2
Logical design of the weather information system is
developed
5 days
2.2.3
Logical design of the farmer support application is
developed
5 days
2.2.4 Development of the whole sale management system 5 days
2.3 The Implementation Plan for the project is developed 1 day
2.4 The risk and the contingency plan is developed 1 day
2.5 M2: Completion of Planning and Designing Phase 0 days
3 The Phase of Building the Prototype and MBFSA 68 days

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Application
3.1
Development and the Delivery of the Prototype for
Approval
10 days
3.2 Execution of the Project management Plan that is prepared 2 days
3.3 Creation of the database as a part of Project Requirements 15 days
3.4 The Sub phase of building Physical Design 33 days
3.4.1 Development of the Weather information system 9 days
3.4.2 Development of the Market information system 8 days
3.4.3 Developing and Building the farmer support system 8 days
3.4.4
Developing and building the wholesaler information
system
6 days
3.5 The work of entering Data into the new System 3 days
3.6 The Media content is developed 1 day
3.7 The coding that is performed is reviewed 1 day
3.8 The Unit Testing of the system developed is Done 1 day
3.9 The application that is built is Verified 1 day
3.10 The Training Modules are developed 2 days

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3.11 M3: The End of Development Phase 0 days
4 Phase of Application Launch 4 days
4.1 Developing the Final Implementation Plan 1 day
4.2 Developing the Final Contingency Plan 1 day
4.3 All the preparations s of the Launch is made 1 day
4.4 The Application that is developed is Deployed 1 day
4.5 M4: The End of the Deployment 0 days
5 The Phase of Project Evaluation and Closure 6 days
5.1 The project team conducts the post project review meeting 1 day
5.2 The project is documented are archived 1 day
5.3 The performance recognition program is conducted 1 day
5.4 Project Evaluation is Completed 1 day
5.5 Payment is Completed 1 day
5.6 The Team and the Resources are Released 1 day
5.7 M5: The Project is closed successfully 0 days

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Table 6: Showing the WBS
3.2. Deliverable and Milestone
The main deliverables and the milestone of the project is indicated in the table below-
WBS Milestone Task Name Duration Start Finish
1.3 No The Scope of the Project will be
Identified 1 day Thu 04-07-19 Thu 04-07-19
0 No Project Schedule of MBFSA 118 days Mon 01-07-19 Wed 11-12-19
1 No The phase of Requirement
Collection 11 days Mon 01-07-19 Mon 15-07-19
1.1 No Globex and Virtucon will be
preparing the Business Case 2 days Mon 01-07-19 Tue 02-07-19
1.2 No
The requirements will be
gathered by Virtucon as specified
by Globex
1 day Wed 03-07-19 Wed 03-07-19
1.4 No Considering the Scope, the
project plan will be prepared 2 days Thu 04-07-19 Fri 05-07-19
1.5 No
The Risk management
process linked with the project is
performed
2 days Mon 08-07-19 Tue 09-07-19
1.6 No The Test of the Application
to be developed is conducted 1 day Mon 15-07-19 Mon 15-07-19
1.7 No The Quality measure and the
Quality Planning is Identified 1 day Wed 10-07-19 Wed 10-07-19
1.8 Yes M1: Completion of preparing
for the Project 0 days Mon 15-07-19 Mon 15-07-19
2 No The phase of Planning and
Designing the MBFSA 29 days Tue 16-07-19 Fri 23-08-19
2.1 No Conceptual Design is
developed by the Project Team 3 days Tue 16-07-19 Thu 18-07-19
2.2 No Sub phase of creation of
Logical Design 25 days Fri 19-07-19 Thu 22-08-19
2.2.1 No
Logical Design of the
market information system is
developed
5 days Fri 19-07-19 Thu 25-07-19
2.2.2 No Logical design of the
weather information system is
5 days Fri 26-07-19 Thu 01-08-19

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developed
2.2.3 No
Logical design of the
farmer support application is
developed
5 days Fri 09-08-19 Thu 15-08-19
2.2.4 No Development of the whole
sale management system 5 days Fri 16-08-19 Thu 22-08-19
2.3 No The Implementation Plan for
the project is developed 1 day Fri 23-08-19 Fri 23-08-19
2.4 No The risk and the contingency
plan is developed 1 day Fri 23-08-19 Fri 23-08-19
2.5 Yes M2: Completion of Planning
and Designing Phase 0 days Fri 23-08-19 Fri 23-08-19
3 No
The Phase of Building the
Prototype and MBFSA
Application
68 days Mon 26-08-19 Wed 27-11-19
3.1 No
Development and the
Delivery of the Prototype for
Approval
10 days Mon 26-08-19 Fri 06-09-19
3.2 No Execution of the Project
management Plan that is prepared 2 days Mon 09-09-19 Tue 10-09-19
3.3 No Creation of the database as a
part of Project Requirements 15 days Wed 11-09-19 Tue 01-10-19
3.4 No The Sub phase of building
Physical Design 33 days Wed 02-10-19 Fri 15-11-19
3.4.1 No Development of the
Weather information system 9 days Wed 02-10-19 Mon 14-10-19
3.4.2 No Development of the Market
information system 8 days Tue 15-10-19 Thu 24-10-19
3.4.3 No Developing and Building
the farmer support system 8 days Tue 29-10-19 Thu 07-11-19
3.4.4 No developing and building the
wholesaler information system 6 days Fri 08-11-19 Fri 15-11-19
3.5 No The work of entering Data
into the new System 3 days Mon 18-11-19 Wed 20-11-19
3.6 No The Media content is
developed 1 day Thu 21-11-19 Thu 21-11-19
3.7 No The coding that is performed
is reviewed 1 day Mon 18-11-19 Mon 18-11-19
3.8 No The Unit Testing of the
system developed is Done 1 day Fri 22-11-19 Fri 22-11-19
3.9 No The application that is built is
Verified 1 day Mon 25-11-19 Mon 25-11-19
3.10 No The Training Modules are 2 days Tue 26-11-19 Wed 27-11-19

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developed
3.11 Yes M3: The End of Development
Phase 0 days Wed 27-11-19 Wed 27-11-19
4 No Phase of Application Launch 4 days Thu 28-11-19 Tue 03-12-19
4.1 No Developing the Final
Implementation Plan 1 day Thu 28-11-19 Thu 28-11-19
4.2 No Developing the Final
Contingency Plan 1 day Fri 29-11-19 Fri 29-11-19
4.3 No All the preparations s of the
Launch is made 1 day Mon 02-12-19 Mon 02-12-19
4.4 No The Application that is
developed is Deployed 1 day Tue 03-12-19 Tue 03-12-19
4.5 Yes M4: The End of the
Deployment 0 days Tue 03-12-19 Tue 03-12-19
5 No The Phase of Project
Evaluation and Closure 6 days Wed 04-12-19 Wed 11-12-19
5.1 No The project team conducts the
post project review meeting 1 day Wed 04-12-19 Wed 04-12-19
5.2 No The project is documented
are archived 1 day Thu 05-12-19 Thu 05-12-19
5.3 No The performance recognition
program is conducted 1 day Fri 06-12-19 Fri 06-12-19
5.4 No Project Evaluation is
Completed 1 day Mon 09-12-19 Mon 09-12-19
5.5 No Payment is Completed 1 day Tue 10-12-19 Tue 10-12-19
5.6 No The Team and the Resources
are Released 1 day Wed 11-12-19 Wed 11-12-19
5.7 Yes M5: The Project is closed
successfully 0 days Wed 11-12-19 Wed 11-12-19
Table 7: The deliverables and the milestone is shown
The schedule above indicates that the team Virtucon has able to deliver the prototype of
the project within two months of the project start, and has been able to complete the project in
six months considering Saturday and Sunday to be non-working days. It is assumed that the
project team will work for no more than 8 hours per day.
The Gantt chart of the project is indicated as follows-

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Figure 2: Representing the Gantt chart of the Project
3.3. Resource considered
The resources assignment for the project against the task and the durations are indicated
in the following table-
Task Name Duration Resource Names
Project Schedule of MBFSA 118 days
The phase of Requirement Collection 11 days
Globex and Virtucon will be preparing the
Business Case 2 days Project Manager ,Business
Analyst
The requirements will be gatthered by
Virtucon as specified by Globex 1 day Project Manager
The Scope of the Project will br Identified 1 day Virtucon
Considering the Scope, the project plan will
be prepared 2 days Project Manager
The Risk management process linked with
the project is performed 2 days Globex, Virtucon
The Test of the Application to be developed
is conducted 1 day Virtucon
The Quality measure and the Quality
Planning is Identified 1 day Manager of Quality Control
M1: Completion of preparing for the Project 0 days
The phase of Planning and Designing the
MBFSA 29 days
Conceptual Design is developed by the
Project Team 3 days Technical Engineer, Software
Designer
Sub phase of creation of Logical Design 25 days
Logical Design of the market information
system is developed 5 days Technical Engineer, Software
Designer
Logical design of the weather information
system is developed 5 days Technical Engineer, Software
Designer
Logical design of the farmer support
application is developed 5 days Technical Engineer, Software
Designer
Development of the whole sale
management system 5 days Technical Engineer, Software
Designer
The Implementation Plan for the project is
developed 1 day Virtucon
The risk and the contingency plan is 1 day Globex

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developed
M2: Completion of Planning and Designing
Phase 0 days
The Phase of Building the Prototype and
MBFSA Application 68 days
Development and the Delivery of the
Prototype for Approval 10 days Coder, Software
Designer ,Software Cost[1]
Execution of the Project management Plan
that is prepared 2 days Project Manager
Creation of the database as a part of Project
Requirements 15 days
The Sub phase of building Physical
Design 33 days
Development of the Weather information
system 9 days
Software Designer ,Coder,
Hardware Cost [1],Software
Cost[1]
Development of the Market information
system 8 days
Software Designer ,Coder,
Hardware Cost [1],Software
Cost[1]
Developing and Building the farmer
support system 8 days
Software Designer ,Coder,
Hardware Cost [1],Software
Cost[1]
developing and building the wholesaler
information system 6 days
Software Designer ,Coder,
Hardware Cost [1],Software
Cost[1]
The work of entering Data into the new
System 3 days Archive[1],Technical Writer
The Media content is developed 1 day Virtucon
The coding that is performed is reviewed 1 day Technical Engineer, Testing
Expert
The Unit Testing of the system developed is
Done 1 day Testing Expert
The application that is built is Verified 1 day Testing Expert
The Training Modules are developed 2 days Virtucon
M3: The End of Development Phase 0 days
Phase of Application Launch 4 days
Developing the Final Implementation Plan 1 day Virtucon
Developing the Final Contingency Plan 1 day Globex
All the preparations s of the Launch is made 1 day Virtucon
The Application that is developed is
Deployed 1 day Virtucon
M4: The End of the Deployment 0 days
The Phase of Project Evaluation and 6 days

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Closure
The project team conducts the post project
review meeting 1 day Project Manager ,Virtucon
The project is documented are archived 1 day Archive[1],Technical Writer
The performance recognition program is
conducted 1 day Virtucon
Project Evaluation is Completed 1 day Project Manager
Payment is Completed 1 day Project Manager
The Team and the Resources are Released 1 day Resource Allocator
M5: The Project is closed successfully 0 days
Table 8: Representing the resources allocated for each task
The resource overview of the project is indicated in the figure that follows-

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Figure 3: Representing the resource Overview
3.4. Project Budget
The cost of the project estimated is represented in the cost table below-
Task Name Fixed Cost Accrual Total Cost
Project Schedule of MBFSA Prorated $214,600.00
The phase of Requirement Collection Prorated $2,000.00
Globex and Virtucon will be preparing
the Business Case Prorated $720.00
The requirements will be gathered by
Virtucon as specified by Globex Prorated $200.00
The Scope of the Project will be
Identified Prorated $80.00
Considering the Scope, the project
plan will be prepared Prorated $400.00
The Risk management process linked
with the project is performed Prorated $320.00
The Test of the Application to be
developed is conducted Prorated $80.00
The Quality measure and the Quality
Planning is Identified Prorated $200.00
M1: Completion of preparing for the
Project Prorated $0.00
The phase of Planning and Designing
the MBFSA Prorated $12,120.00
Conceptual Design is developed by
the Project Team Prorated $1,560.00
Sub phase of creation of Logical
Design Prorated $10,400.00
Logical Design of the market
information system is developed Prorated $2,600.00
Logical design of the weather
information system is developed Prorated $2,600.00
Logical design of the farmer support
application is developed Prorated $2,600.00
Development of the whole sale
management system Prorated $2,600.00
The Implementation Plan for the
project is developed Prorated $80.00

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The risk and the contingency plan is
developed Prorated $80.00
M2: Completion of Planning and
Designing Phase Prorated $0.00
The Phase of Building the Prototype
and MBFSA Application Prorated $198,520.00
Development and the Delivery of the
Prototype for Approval Prorated $24,400.00
Execution of the Project management
Plan that is prepared Prorated $400.00
Creation of the database as a part of
Project Requirements Prorated $0.00
The Sub phase of building Physical
Design Prorated $171,840.00
Development of the Weather
information system Prorated $43,760.00
Development of the Market
information system Prorated $43,120.00
Developing and Building the farmer
support system Prorated $43,120.00
developing and building the
wholesaler information system Prorated $41,840.00
The work of entering Data into the
new System Prorated $840.00
The Media content is developed Prorated $80.00
The coding that is performed is
reviewed Prorated $400.00
The Unit Testing of the system
developed is Done Prorated $200.00
The application that is built is Verified Prorated $200.00
The Training Modules are developed Prorated $160.00
M3: The End of Development Phase Prorated $0.00
Phase of Application Launch Prorated $320.00
Developing the Final Implementation
Plan Prorated $80.00
Developing the Final Contingency
Plan Prorated $80.00
All the preparations s of the Launch is
made Prorated $80.00
The Application that is developed is
Deployed Prorated $80.00
M4: The End of the Deployment Prorated $0.00
The Phase of Project Evaluation and Prorated $1,640.00

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Closure
The project team conducts the post
project review meeting Prorated $280.00
The project is documented are
archived Prorated $680.00
The performance recognition program
is conducted Prorated $80.00
Project Evaluation is Completed Prorated $200.00
Payment is Completed Prorated $200.00
The Team and the Resources are
Released Prorated $200.00
M5: The Project is closed successfully Prorated $0.00
Table 9: Representing the cost of the Project
The cost of each phase of the project is calculated on basis of the time needed to
complete a particular task and the resource requirement of the task to be completed. The resource
Cost overview is provided in the figure below-

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Figure 4: The resource Cost Overview
The cash flow that is considered in implementation of the MBFSA project is indicated in
the following figure-

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Figure 5: Representing the cash flow
The figure below provides a better understanding of the task cost overview of the project
that is being executed-

26INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Figure 6: Representing the Task Cost Overview
The cost calculated for the entire MBFSA program indicates that it is possible to
complete the project within the set budget.

27INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Part Four
4.1. Assumptions
In preparation of the schedule and development of the plan, a few assumptions are
considered, which are indicated as follows-
 Since a smartphone application is being deployed, the main assumption in the
project is that the farmers will possess smartphone, equipped with a stable internet
connection
 Virtucon will be able to deploy the project in a low cost and will charge only 50
percent of the entire management cost from Globex
4.2. Framework for identification of the Risks
This particular project can face risk from five categories and framework of identifying
those risks are indicated as follows-
Risk Category Framework of Identification
Technical Can be identified from technical failure of the
product (Harrison & Lock, 2017)
Financial Can be identified in terms of financial issues
Time Can be identified in terms of unexpected delays
Resource Issues in resources availability
Operational Can be identified from issues faced in project
execution
Table 10: The Risk Identification Framework

28INFORMATION TECHNOLOGY PROJECT MANAGEMENT
4.3. Risk Assessment and Ownership Strategy
Certain risks are identified in the project and their severity is assessed so that the risk can
be given a dedicated owner. The assessment of the risk is indicated in the table below-
Risk Probability of
Occurrence
Severity Owner
R1: Server and
connectivity issue
(Technical)
High High Virtucon
R2: Cost Overrun
(Financial)
Medium Low Globex
R3: Unexpected Delay
(Schedule)
High Medium Project Manager
R4: Resource
Unavailability
(Resource)
Medium Medium Resource Allocator
R5: Operational issues
(Operational)
Low Low Virtucon
Table 11: Risk Assessment and Ownership
The identified risks are plotted in the risk register below-

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Figure 7: The Risk Register

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Part Five
5.1. Team’s Philosophy
The Virtucon team will ensure that the risks and the issues in the project are managed and
eliminated within a scheduled time in order to ascertain that the project is delivered to the
Globex within six months. The team will maintain honesty of charging on 50% of management
cost to Globex.
5.2. Validation and Verification Activity
The validation and the verification activity for MBFSA will follow the V framework as
indicated in the figure below-
Figure 8: The V model of Verification and validation
(Source: Beyer, 2017)
As per the V model, the verification activities that will be conducted include-

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 Designing proper requirement
 Development of the system design
 Development of the architectural design
 Development of the Module design
 Checking the coding
The validation activities that will be carried out, as per the V model include-
 Unit testing
 System Testing
 Acceptance Testing
 Integration Testing

32INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Part Six
6.1. Project Closure Checklist
The checklist of the closure that will be followed for the MBFSA project is indicated as
follows-
 The product will be validated
 All the documentation needed to be completed
 Payment to all the resources is needed to be completed
 The evaluation of the project is to be complete
 The Resource are to be release
6.2. Evaluation of Project MOV
Evaluation examines whether a particular project meets customer’s expectations along
with the expectations of the project (Larson & Gray, 2017). The evaluation activities to be
followed in MBFSA project include detailed validation and verification of the project (refer to
appendix 1).

33INFORMATION TECHNOLOGY PROJECT MANAGEMENT
References
Chronéer, D., & Backlund, F. (2015). A holistic view on learning in project‐based
organizations. Project Management Journal, 46(3), 61-74.
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach.
Routledge.
Larson, E. W., & Gray, C. F. (2017). Project management: The managerial process. McGraw-
Hill Education.
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.
Tosti, D., & Herbst, S. A. (2014). Organizational performance and customer value. In Consumer
Behavior Analysis (pp. 76-96). Routledge.
Xu, Y., & Yeh, C. H. (2014). A performance-based approach to project assignment and
performance evaluation. International Journal of Project Management, 32(2), 218-228.

34INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Appendix
Appendix 1: Annotated Bibliography
Chronéer, D., & Backlund, F. (2015). A holistic view on learning in project‐based
organizations. Project Management Journal, 46(3), 61-74.
Chronéer and Backlund (2015), provide an idea of the holistic view of learning in
organizations that implements any project. Project evaluation can further be described a part of
project learning that identifies the loopholes in the execution approach that is followed in
management and the execution of a particular project. In the field of project management, there
are high chances of facing errors while trying to execute the project in an effective manner. This
is one of the most significant reasons being the researchers highlighting the need of enforcing
effective learning practices within an organization. In every project based organization,
evaluation of the project is considered to be quite critical for successful completion of the project
closure phase. The closure is mainly concerned with the execution of the project as per the
specifications listed by the clients and therefore, this particular phase is considered to be one of
the most important phases for project execution and management. The evaluation phase is
interrelated with project learning since it helps in effective spotting of the errors that the project
team has given rise to, during the initiation and execution of the project. It is a part of the lesson
learnt that is followed in effective execution and completion of the project in an effective
manner. It is identified that proper evaluation of a project generally helps the project team in
reducing similar errors in future. Therefore the evaluation and learning is mainly documented in
the closure phase prior to the end of the project (Chronéer & Backlund, 2015). The evaluation of
the project is considered to be a significant learning process that helps the project team in
spotting the errors in the project and later rectifying it.

35INFORMATION TECHNOLOGY PROJECT MANAGEMENT
Xu, Y., & Yeh, C. H. (2014). A performance-based approach to project assignment and
performance evaluation. International Journal of Project Management, 32(2), 218-
228.
Xu and Yeh (2014), argues that the evaluation phase of the project may not only be the
evaluation of the implementation of the project, but also the evaluation of the performance of
each of the project team members. A project is successful only if the project team is able to
deliver the works as per the expectations and the set target. A project might fail, if the human
resources that are assigned for the project do not work as per the expectations. Therefore, it can
be said that the success of the project may not only linked with the approach chosen for the
project but also include the individual performance of the team members. Therefore, the
valuation phase of the project should be linked with the evaluation of the performance of the
human resources as well to prepare for a better lesson learnt.
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.
Marcelino-Sádaba et al (2014), identifies the relation between risk management and
evaluation. The project evaluation is significantly associated with the identification of the major
risks that are faced in the project. The evaluation of the project identifies the approach that is
chosen to execute a project and the judges the implementation of the project based on the
approaches. A project will be closed in a successful manner only if the evaluation results of the
project is positive (Marcelino-Sádaba et al., 2014). Therefore, it can be said that evaluation has
significantly high importance in evaluation and the closure of a particular project. Furthermore, a
planned approach of project evaluation and closure can contribute to successful project end and
delivery of the finished product to the client.

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Appendix 2: PM File