IS Project Management

Running head: IS PROJECT MANAGEMENT
IS Project Management
Name of Student-
Name of University-
Author’s Note-

1IS PROJECT MANAGEMENT
Table of Contents
1. Introduction..................................................................................................................................2
2. Risk Related to Aussie Vacancies...............................................................................................2
2.1 Market risks...........................................................................................................................2
2.2 Financial risks........................................................................................................................3
2.3 Technological Risks...............................................................................................................4
2.4 People Risks...........................................................................................................................5
2.5 Process/Structure Risks.........................................................................................................6
3. Work Breakdown Structure.........................................................................................................7
4. Stakeholder Communication Analysis........................................................................................7
5. Project Gantt chart.......................................................................................................................9
6. Net Present Value......................................................................................................................10
7. Monthly Progress Report...........................................................................................................13
8. Conclusion.................................................................................................................................15
Bibliography..................................................................................................................................17

2IS PROJECT MANAGEMENT
1. Introduction
Aussie Vacancies, a company of travel agency that offers self-catering to the people of
Australia. The services that Aussie Vacancies offers is done by two sales procedure; one is direct
selling to their customers and the second is through travel agents. But, booking holiday packages
via internet is becoming most common with the development of technologies. There is website
of Aussie vacancies available on internet but the website is only for viewing their brochure in
website form. It does not allow any kind of booking or any links that will allow the customer to
navigate through all the sites.
So, the company has decided to implement a website for having online booking from the
customers and to maintain a competition in the market. The organization wants to launch the
internet booking system with the help of E-Con, a consultancy agent for developing its
requirements. This report states the different risks that the project can undergo while developing
its online website. This report states different risk such as market risks, financial risks,
technological risks, people risks and process risks that are involved and all those risks are
defined. This project also states a Work Breakdown Structure of all the activities that will be
involved in developing the website. Stakeholder communication analysis (SCA) is also described
in this project along with Monthly Progress Report (MPR). This report also states the Gantt chart
and the Net Present Value of the implementation undertaken project.
2. Risk Related to Aussie Vacancies
2.1 Market risks:
The market risks that are included while developing the website might result in potential
loss or failure in the market. The marketing risks includes the pricing, development of website,

3IS PROJECT MANAGEMENT
promotion of website, distribution of website, branding of the product and including customer
experience and sales of the product. The website that is developed for Aussie Vacancies will be
used by the customers to book their accommodation. As people now a days are mostly addicted
to internet, they like to do almost everything online. The online sources helps the users to access
them any time and from anywhere. Aussie Vacancies have already a competitor who is providing
online service to the customer to book their accommodation. But their interface of the website is
not good enough. So, to hold on the market more firmly, the management of the organization has
decided to launch an online website from where the customers can book their accommodation
according to their choice and availability.
With the increase in usage of internet, the customer will accept the change as with the
help of the website, they can book their choice of accommodation anytime and anywhere. The
director have decided to create a website which is more user friendly and if other competitor also
launches some online website, their interface would be the best.
2.2 Financial risks:
Financing is a particular process that requires the most important attention to avoid any
other risks while developing a software or a website application. The more effective way the
finance is distributed in the project, the more it leads to project successful completion. Initially,
David and John has decided to keep their budget of developing the website to $354,000
maximum. But when they contracted E-Con for developing the website, they have suggested to
complete the project with $350,000. So, there is no point of financial risk in the project. The
management team has additional $4,000 fund extra in case of any extra fund needed. The
stakeholders are confident that the project will be completed with the budget scheduled by the
contractor.