(PDF) International Journal of Project Management

Running head: PROJECT MANAGEMENT
Project: Utilization of Big data analytics Package
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
Table of Contents
Overview of the Project.............................................................................................................2
1. Gantt chart..............................................................................................................................2
2. Network Diagram...................................................................................................................3
3. Six milestones........................................................................................................................3
4. Resource Table.......................................................................................................................4
5. Project budget.........................................................................................................................9
6. RACI table...........................................................................................................................15
7. Project Risk..........................................................................................................................17
8. Impact/Probability Matrix....................................................................................................19
Bibliography.............................................................................................................................22

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PROJECT MANAGEMENT
Overview of the Project
The paper mainly focusses on the big data use within the organization in order to
handle the operations of the business. The organization mainly utilizes big data analytics
package that generally include various types of programs in order to understand the
requirements of marketing, for identifying customers and for improving the service delivery
to the various customers of the organization. It is found that the main goal of the organization
is to gain agreement with the various stakeholders on utilizing big data with the various
operations that is done in IoT sensors with the help of both prescriptive and predictive
maintenance.
1. Gantt chart

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PROJECT MANAGEMENT
Figure 1: Gantt chart
(Source: Created by Author)
2. Network Diagram
A network diagram is one of the visual representation of network architecture that
generally helps in mapping out the entire structure of the network with the help of variety of
different types of symbols as well as line connections. It is considered as one of the ideal way
of sharing layout of the entire network as the visual representation is quite easier for the users
to understand when it is generally connected.
Figure 2: Network Diagram
(Source: Created by Author)
3. Six milestones
The milestones of the project are listed in the table below:

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PROJECT MANAGEMENT
Milestone Completion date
Milestone 1: Completion of project initiation phase Fri 01-06-18
Milestone 2: Completion of planning phase Wed 04-07-18
Milestone 3: Completion of execution phase Thu 20-09-18
Milestone 4:Completion of testing phase Thu 04-10-18
Milestone 5:Completion of closure phase Fri 12-10-18
4. Resource Table
The project of big data analytics package will generally be limited to demonstrate the
entire human resource that is generally applied to the project with the various respective
costs.
Resource Name Type
Material
Label
Initials Group
Max.
Units
Std. Rate
Project planner Work P 100% $ 40.00/hr.
Project manager Work P 100% $ 35.00/hr.
Financial manager Work F 100% $ 30.00/hr.
Human resource
manager
Work H 100% $ 30.00/hr.
Risk analyst Work R 100% $ 35.00/hr.
Application engineer Work A 100% $ 35.00/hr.
Database
administrator
Work D 100% $ 35.00/hr.
IT analyst Work I 100% $ 35.00/hr.
Technical engineer Work T 100% $ 35.00/hr.

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PROJECT MANAGEMENT
Tester Work T 100% $ 30.00/hr.
Hardware cost Material H $ 15,000.00
Software cost Material S $ 15,000.00
Network Material N $ 10,000.00
Additional cost Material A $ 10,000.00
The table below reflects the how the human resources are utilized in each of the
activities of the project for finishing the project within the expected budget and time.
Task Name Duration Start Finish Predecessors
Resource
Names
Utilization of big data analytics
package
110 days
Mon 14-
05-18
Fri 12-
10-18
Initiation phase 15 days
Mon 14-
05-18
Fri 01-
06-18
Developing business case 3 days
Mon 14-
05-18
Wed 16-
05-18
Project
planner
Identifying the need of big
data analysis package
4 days
Thu 17-
05-18
Tue 22-
05-18
2
Project
planner
Undertaking feasibility study' 2 days
Wed 23-
05-18
Thu 24-
05-18
3
Financial
manager,
Human
resource
manager
Establishing project charter 3 days Fri 25- Tue 29- 4 Project

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PROJECT MANAGEMENT
05-18 05-18 manager
Appointing team members
for the project
3 days
Wed 30-
05-18
Fri 01-
06-18
5
Human
resource
manager
Milestone 1: Completion of
project initiation phase
0 days
Fri 01-
06-18
Fri 01-
06-18
6
Planning phase 23 days
Mon 04-
06-18
Wed 04-
07-18
Developing project plan 3 days
Mon 04-
06-18
Wed 06-
06-18
7
Project
manager
Creating resource plan 4 days
Thu 07-
06-18
Tue 12-
06-18
9
Human
resource
manager
Developing financial plan 3 days
Wed 13-
06-18
Fri 15-
06-18
10
Financial
manager
Developing quality plan 4 days
Mon 18-
06-18
Thu 21-
06-18
11 IT analyst
Creating risk management
plan
3 days
Fri 22-
06-18
Tue 26-
06-18
12 Risk analyst
Developing acceptance plan 3 days
Wed 27-
06-18
Fri 29-
06-18
13
Project
manager
Developing communication
plan
3 days Mon 02-
07-18
Wed 04-
07-18
14 Human
resource
manager,

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PROJECT MANAGEMENT
Project
manager
Milestone 2: Completion of
planning phase
0 days
Wed 04-
07-18
Wed 04-
07-18
15
Implementation phase 56 days
Thu 05-
07-18
Thu 20-
09-18
Gaining executive level
sponsorship
6 days
Thu 05-
07-18
Thu 12-
07-18
16
Technical
engineer
Re-build 7 days
Fri 13-
07-18
Mon 23-
07-18
18
Application
engineer
Making value to the
customer priority
8 days
Tue 24-
07-18
Thu 02-
08-18
19
Human
resource
manager
Data quality 7 days
Fri 03-
08-18
Mon 13-
08-18
20
IT analyst,
Software
cost[1]
Machine learning 6 days
Tue 14-
08-18
Tue 21-
08-18
21
Application
engineer
High Volume processing 7 days
Wed 22-
08-18
Thu 30-
08-18
22
Technical
engineer
Linking customer data to
company process
7 days
Fri 31-
08-18
Mon 10-
09-18
23
Database
administrator
Creating repeatable
processes and actions paths
8 days Tue 11-
09-18
Thu 20-
09-18
24 Application
engineer,

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PROJECT MANAGEMENT
Hardware
cost[1]
Milestone 3: Completion of
execution phase
0 days
Thu 20-
09-18
Thu 20-
09-18
25
Testing phase 10 days
Fri 21-
09-18
Thu 04-
10-18
White box testing 2 days
Fri 21-
09-18
Mon 24-
09-18
26 Tester
Usability testing 3 days
Tue 25-
09-18
Thu 27-
09-18
28
Tester,
Additional
cost[1]
User acceptability testing 2 days
Fri 28-
09-18
Mon 01-
10-18
29 Tester
Black box testing 3 days
Tue 02-
10-18
Thu 04-
10-18
30 Tester
Milestone 4:Completion of
testing phase
0 days
Thu 04-
10-18
Thu 04-
10-18
31
Closure phase 6 days
Fri 05-
10-18
Fri 12-
10-18
Post-project review 3 days
Fri 05-
10-18
Tue 09-
10-18
32
Project
planner
Stakeholder sign off 2 days
Wed 10-
10-18
Thu 11-
10-18
34
Project
manager
Documentation 1 day Fri 12- Fri 12- 35 Project

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PROJECT MANAGEMENT
10-18 10-18
manager,
Project
planner
Milestone 5:Completion of
closure phase
0 days
Fri 12-
10-18
Fri 12-
10-18
36
5. Project budget
It is assumed that the budget that is generally needed in order to finish the project is
around $71, 520. The table that is provided below reflects the cost that is associated with each
of the activities of the project.
Task Name Duration Start Finish Predecessors
Resource
Names
Cost
Utilization of big data
analytics package
110 days
Mon
14-05-
18
Fri 12-
10-18
$ 71,520.00
Initiation phase 15 days
Mon
14-05-
18
Fri 01-
06-18
$ 4,760.00
Developing business
case
3 days
Mon
14-05-
18
Wed
16-05-
18
Project
planner
$ 960.00
Identifying the need
of big data analysis
package
4 days
Thu
17-05-
18
Tue 22-
05-18
2
Project
planner
$ 1,280.00
Undertaking 2 days Wed Thu 24- 3 Financial $ 960.00

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PROJECT MANAGEMENT
feasibility study'
23-05-
18
05-18
manager,
Human
resource
manager
Establishing project
charter
3 days
Fri 25-
05-18
Tue 29-
05-18
4
Project
manager
$ 840.00
Appointing team
members for the project
3 days
Wed
30-05-
18
Fri 01-
06-18
5
Human
resource
manager
$ 720.00
Milestone 1:
Completion of project
initiation phase
0 days
Fri 01-
06-18
Fri 01-
06-18
6 $ 0.00
Planning phase 23 days
Mon
04-06-
18
Wed
04-07-
18
$ 6,880.00
Developing project
plan
3 days
Mon
04-06-
18
Wed
06-06-
18
7
Project
manager
$ 840.00
Creating resource
plan
4 days
Thu
07-06-
18
Tue 12-
06-18
9
Human
resource
manager
$ 960.00
Developing
financial plan
3 days
Wed
13-06-
18
Fri 15-
06-18
10
Financial
manager
$ 720.00
Developing quality 4 days Mon Thu 21- 11 IT analyst $ 1,120.00

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PROJECT MANAGEMENT
plan
18-06-
18
06-18
Creating risk
management plan
3 days
Fri 22-
06-18
Tue 26-
06-18
12 Risk analyst $ 840.00
Developing
acceptance plan
3 days
Wed
27-06-
18
Fri 29-
06-18
13
Project
manager
$ 840.00
Developing
communication plan
3 days
Mon
02-07-
18
Wed
04-07-
18
14
Human
resource
manager,
Project
manager
$ 1,560.00
Milestone 2:
Completion of planning
phase
0 days
Wed
04-07-
18
Wed
04-07-
18
15 $ 0.00
Implementation
phase
56 days
Thu
05-07-
18
Thu
20-09-
18
$ 45,360.00
Gaining executive
level sponsorship
6 days
Thu
05-07-
18
Thu 12-
07-18
16
Technical
engineer
$ 1,680.00
Re-build 7 days
Fri 13-
07-18
Mon
23-07-
18
18
Application
engineer
$ 1,960.00
Making value to the 8 days Tue Thu 02- 19 Human $ 1,920.00

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PROJECT MANAGEMENT
customer priority
24-07-
18
08-18
resource
manager
Data quality 7 days
Fri 03-
08-18
Mon
13-08-
18
20
IT analyst,
Software
cost[1]
$ 16,960.00
Machine learning 6 days
Tue
14-08-
18
Tue 21-
08-18
21
Application
engineer
$ 1,680.00
High Volume
processing
7 days
Wed
22-08-
18
Thu 30-
08-18
22
Technical
engineer
$ 1,960.00
Linking customer
data to company
process
7 days
Fri 31-
08-18
Mon
10-09-
18
23
Database
administrator
$ 1,960.00
Creating repeatable
processes and actions
paths
8 days
Tue
11-09-
18
Thu 20-
09-18
24
Application
engineer,
Hardware
cost[1]
$ 17,240.00
Milestone 3:
Completion of
execution phase
0 days
Thu
20-09-
18
Thu 20-
09-18
25 $ 0.00
Testing phase 10 days
Fri 21-
09-18
Thu
04-10-
18
$ 12,400.00
White box testing 2 days Fri 21- Mon 26 Tester $ 480.00

13
PROJECT MANAGEMENT
09-18
24-09-
18
Usability testing 3 days
Tue
25-09-
18
Thu 27-
09-18
28
Tester,
Additional
cost[1]
$ 10,720.00
User acceptability
testing
2 days
Fri 28-
09-18
Mon
01-10-
18
29 Tester $ 480.00
Black box testing 3 days
Tue
02-10-
18
Thu 04-
10-18
30 Tester $ 720.00
Milestone
4:Completion of testing
phase
0 days
Thu
04-10-
18
Thu 04-
10-18
31 $ 0.00
Closure phase 6 days
Fri 05-
10-18
Fri 12-
10-18
$ 2,120.00
Post-project review 3 days
Fri 05-
10-18
Tue 09-
10-18
32
Project
planner
$ 960.00
Stakeholder sign off 2 days
Wed
10-10-
18
Thu 11-
10-18
34
Project
manager
$ 560.00
Documentation 1 day Fri 12-
10-18
Fri 12-
10-18
35 Project
manager,
Project
$ 600.00

14
PROJECT MANAGEMENT
planner
Milestone
5:Completion of closure
phase
0 days
Fri 12-
10-18
Fri 12-
10-18
36 $ 0.00

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PROJECT MANAGEMENT
6. RACI table
A responsibility assignment matrix that is known as RACI matrix mainly elaborates the participation by different roles
in order to finish the tasks as well as deliverables of the project. It is quite useful in clarifying roles as well as responsibilities in
various cross-functional departments of the project and processes. RACI is an acronym that generally includes four key
responsibilities, which are:
R- Responsibility
A- Accountable
C- Consulted
I-Informed
Proje
ct
plann
er
Project
manage
r
Financ
ial
manag
er
Hum
an
resour
ce
manag
er
Risk
analyst
Applicat
ion
engineer
Database
administr
ator
It
analyst
Technic
al
engineer
Tester
Developing
business case
R, A C, I
Identifying the
need of big data
analysis package
R, A C, I
Undertaking
feasibility study'
I C R, A
Establishing R,A I,C

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PROJECT MANAGEMENT
project charter
Developing
project plan
R,A I
Creating
resource plan
C I R, A
Developing
financial plan
C I R, A
Developing
quality plan
I C R, A
Creating risk
management
plan
C I R, A
Developing
acceptance plan
R, A C I
Developing
communication
plan
R, A I C
Gaining
executive level
sponsorship
C I R, A
Re-build I R, A C
Making value to
the customer
priority
C I R, A
Data quality C I R A

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PROJECT MANAGEMENT
Machine
learning
A C R I
High Volume
processing
A C R I
Linking
customer data to
company
process
I R, A C
Creating
repeatable
processes and
actions paths
A C R I
White box
testing
I C R, A
Usability testing I C R, A
User
acceptability
testing
I C R, A
Black box
testing
I C R, A
Post-project
review
R, A I, C
Stakeholder sign
off
R, A I, C
Documentation R, A I, C

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PROJECT MANAGEMENT
7. Project Risk
Risk Description Impact Probability Responsible
person
Mitigation strategy
Budget Shortfall
(Negative Risk)
If the project manager are unable to
manage the budget of the project
effectively then sometimes budget is
misused on resources that are
generally not required in the project.
This generally causes shortage of
budget for executing other activities
of the project.
Extreme Very Likely Financial
manager
It is identified that in order to
resolve the issues that are related
with budget shortfall, it is very
much necessary to undertake
earned value analysis so that the
budget can be tracked for ensuring
that the amount that is being
invested is proper.
Schedule slippage
(Negative Risk)
If the schedule of the project is not
tracked properly then there is high
chance of schedule slippage. It is
identified that due to schedule
slippage, it is quite difficult to finish
the project within the expected time
and budget.
Extreme Likely Project manager It is quite necessary to track the
schedule of the project on a
weekly basis in order to ensure
that the schedule of the project is
on the right track and it will be
finished within the expected
budget and time.
Inexperienced project
manager
(Negative Risk)
If the project managers are not
experienced then it will be quite
difficult to them to manage all the
activities as well as tasks of the
project effectively within the
assumed time and budget.
Major Moderate Human resource
manager
It is quite necessary for the human
resource manager to hire
experienced project manager who
have proper skills as well as
knowledge related with the
project so that the risks as well as
challenges that are related with

19
PROJECT MANAGEMENT
the project can be easily
mitigated. In addition to this,
proper experience of the project
managers are helpful in managing
work effectively for fining the
project within the expected budget
and time.
Scope creep
(Positive Risk)
If scope creep occur within the
project then it will generally enhance
both time and budget that is needed
for finishing the project.
Moderate Moderate Project manager It is identified that due to scope
creep, the changes that are
required for enhancing the quality
of the project are done which
generally create positive impact
on the usability of the system that
is related big data analytics
package.
Improper management
(Negative Risk)
If the project managers are unable to
manage the project then it will
generally increases the time that is
needed for finishing the project.
Moderate Likely Human resource
manager
In order to resolve this issue, it is
very much necessary to utilize
proper management strategies
within the project so that with the
help of the strategies the project
managers will be able to manage
the project effectively that will be
helpful in finishing the project on
time.
Technical issues If the data of the customers are not Moderate Very likely Technical In order to resolve this issue, it is