Estimating Project Budget

The assignment content discusses the development of an online ticket booking system, known as RALS (Railway Automated Ticketing System), which aims to provide an efficient and automated solution for ticket booking. The project requires a comprehensive approach, involving various stakeholders, including the project manager, business analyst, system analyzer, and designer. The project manager plays a crucial role in overseeing the project's progress, budget estimation, and ensuring timely delivery. The business analyst is responsible for analyzing business operations and defining efficient solutions, while the system analyzer and designer focus on designing and implementing the online ticket booking system. To ensure the success of the project, it is essential to consider technical skills, management skills, and professional skills among the project team members.

Running head: IT PROJECT MANAGEMENT
IT Project Management: Virtucon & Globex Scenario
Name of the student:
Name of the university:

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Table of Contents
Part 1................................................................................................................................................2
1.1 Project name/ Team/ Description..........................................................................................2
1.2 Project overview....................................................................................................................4
1.3 Project description and project objectives.............................................................................6
1.5 Communication plan..............................................................................................................7
1.5.1 Team rules and expectation............................................................................................7
1.5.2 Team value......................................................................................................................7
1.5.3 Code of ethics.................................................................................................................8
1.5.4 Rules for the team members include..............................................................................8
Part 2................................................................................................................................................9
2.1 Learning cycle.......................................................................................................................9
Part 3..............................................................................................................................................12
3.1 Communication plan............................................................................................................12
Part 4..............................................................................................................................................14
4.1 Refection..............................................................................................................................14
Bibliography..................................................................................................................................17

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Part 1
1.1 Project name/ Team/ Description
Role of the
project team
members
Project team Other details
Project manager Name of the
project team
members
Roles and
responsibilities of the
project
Contac
t
numbe
r
Electronic
Mail Id
Project manager [Please fill] The role of the project
manager is to control and
monitor the project
progress. He is
responsible to check that
whether the project is
moving towards perfect
direction or not. If it is
determined that the
project manager fails to
do such then it would be
difficult to complete the
project within the
estimated time project
budget as well (Garel,
2013). The project team
members who are
working for the project
must motivate the
members of the project
team and also for
successful completion
additional requirements
are also required to be
considered by the project
manager.
[Please
fill]
[Please fill]

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Business analyst [Please fill] The project system
analyst is responsible to
analyze the project
details and with the help
of proper analysis the
users and the project
manager will be able to
access the system without
any kind of error (Turner,
2016). Not only this but
also the system analyst is
responsible to analysis,
design and implementing
the system for fulfilling
the need of the business
organization. The system
analyst plays the most
vital role that is needed to
make the operations for
fulfilling the
management of the
information system.
[Please
fill]
[Please fill]
System analyst and
designer
[Please fill] The role of the project
designer is to give
assistance in designing
the project and activity
development. Based on
the requirements of the
consumers, the activities
are scheduled by the
project designer. Even
they are responsible to
frame or step followed by
the activities (Svejvig &
Andersen, 2015). In order
to develop the design
documentation, technical
specification and all other
relevant documentation
the project designers are
responsible. Again the
design level issues and
corrective action those
could mitigate the issues
are also developed by the
project designer.
[Please
fill]
[Please fill]

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Finance manager [Please fill] The project finance
manager is responsible to
estimate the project
budget Serra & Kunc,
2015). From the project
feasibility study the
project owner will be
able to understand about
the benefit of the project.
If it is found that the
project outcome is not at
all beneficial then, the
necessary changes are
also needed to be adopted
by the project finance
manager to make the
project beneficial.
[Please
fill]
[Please fill]
1.2 Project overview
After analyzing the details of the project overview it has been discovered that the manual
ticket processing system used by different organizations are not at all beneficial rather the
chances of error occurrence was also very high. In order to gain competitive advantages and
measurable revenue, it is necessary to consider proper technology and mechanism to develop
such a system for the consumer that results beneficial outcome (Serra & Kunc, 2015). The
traditional rather manual ticket booking approach failed to accommodate all necessary aspects
again it also unable to provide proper data backup, disaster recovery and application resilience to
the consumers. In order to mitigate the issues associated to traditional ticket booking it is needed
to develop such a system for Globex which could minimize the technical issues. In the newly
developed online ticket booking system, the data could be recovered easily from the server and
even the list information can also be retrieved from the server securely. Not only data access but
also the online ticket booking system gives proper security to the employee’s data and to the
consumer’s data as well (Garel, 2013). Due to the presence of proper server authentication none

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of the external user will be able to come and access data from the server without the permission
of the system owners. Moreover, the external attackers will also not be able to access data from
the server without the permission of the consumers. From the review of the undertaking it is
discovered that, the task is about the improvement or execution of internet ticketing framework
to stay away from the issues related to framework handling. The Riverina Agriculture and the
way of life indicate were established in the time of 2010, preceding the foundation of Globex. In
November a 3 days occasion named as RALS, was sorted out that, for the most part conveys
distinctive neighborhood business, horticultural types of gear, crude material providers and
ranchers too (Joslin & Müller, 02015). For augmenting the ticket doors that is subject to ticket
offering was the principle center of the association to take care of. As the request is developing
step by step hence the cost of the tickets are additionally expanding quickly and because of this
reason the organization will embrace internet ticketing framework to make the ticket offering
approach much effective. After the execution of this specific approach the buyers require not to
mind on any line (Kaiser, El Arbi & Ahlemann, 2015). For implementing the online ticket
booking system, all the project development steps staring from the project initiation up to the
project closure must be monitored by the project manager. Even after the implementation of the
system, post project review and detail analysis is also required to be done by the project manager
and the business analyst as well.
1.3 Project description and project objectives
The project is about the implementation of an online ticket booking system for the
Globex Company. Due to efficient service and productivity currently the company is becoming
able to grab huge number of consumers throughout (Mir & Pinnington, 2014). However, due to
the growing number of consumers the company is unable to provide as per the service required

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by the consumers. In order to mitigate this consumer grabbing oriented issues currently the
company is willing to develop an online ticket booking system where the users need not to wait
on the queue. For developing such system, the company should hire technical experts who have
lots of experiences from previous projects (Serra & Kunc, 2015). The RALS project depends on
cutting edge web based ticketing framework rather than manual ticket booking. It has been
discovered that this approach does not just diminish the quantity of purchaser's over the line yet
additionally help the quantity of buyers who will purchase tickets on the web. Clients can use
various types of advanced gadgets to process the web based ticketing framework for the
purchasers. The targets or the objectives of the project are as follows:
 To implement a progressed online ticket booking framework over the manual
ticket booking system
 To plan the supporter for expanding the ticket offering approach over online stage
 To enhance the current ticket booking approach and offering approach and to
expand the rate of ticket offering to the consumers with additional benefits.
1.5 Communication plan
1.5.1 Team rules and expectation
The project manager is needed to develop different components those are helpful to
manage and engage people from different geological boundary. I have realized that in order to
implement an error free system it is the responsibility of the project manager to consider
different social as well as economical frameworks (Walker, 2015). For developing such system
the project manager should build up different aspects including decision making, information
sharing, work review and conflict resolve. I have already filled in as an undertaking colleague for

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building up an online combo booking framework. In order to avoid the internal conflicts and
external conflicts it is necessary to consider different managerial rules and regulation for the
employees who are working the project. While building up the framework I have increased
proficient framework improvement related learning and abilities. I feel that these aptitudes and
capacities will stand helpful for me while building up the online ticket booking framework for
RALS (Turner, 2016). The general objective of the venture advancement is to build up a secured
online ticket booking framework. I have also realized that the project manager should utilize
open communication so that the project manager could share their point of views with other
project development team members.
1.5.2 Team value
Group esteem is a standout amongst the most vital things that are entirely required to be
considered by the venture director and other task colleagues also (Verzuh, 2015). The group
esteems for this specific venture are as per the following:
1. Advancement of new procedures those are useful for consistent undertaking
improvement
2. Considering distinctive sorts of works for the customers of the online ticket
booking framework
3. Usage of appropriate esteems those are expected to execute legitimate hazard
alleviation methodologies
4. Learning sharing is another vital thing that will be useful to meet the task
objective

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1.5.3 Code of ethics
Contingent upon the estimations of the group it is especially important to consider the
code of morals also including, trustworthiness, polished methodology, conduct, faithful to
predominant and upkeep of exact workplace are required to be considered by the undertaking
supervisor and the venture colleagues (Mir & Pinnington, 2014). The parts of the codes of
morals are as per the following:
1. Concentrate on various business related practices
2. Assessment of precise moral infringement while required
3. For advancement of the code of morals every moral viewpoint related to the task
colleagues should have been considered
1.5.4 Rules for the team members include
 For passing on the undertaking points of interest and essential venture data to the
task colleagues it is important to create essential level contact subtle elements,
regardless of the possibility that any progressions required then likewise those
must be considered (Hwang & Ng, 2013).
 Knowledge management indicators are the other aspects those are necessary to be
adopted by the project manager and project team members to enable the project
details
 All the security approaches must be considered while developing such system for
a business organization (Martinsuo, 2013).
 Proper stakeholder management, communication management approaches and
also knowledge management aspects are also required to be considered by the

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project manager to engage the project team members with the project manager
(Young, 2016).
 For keeping up legitimate correspondence, singular data determination are
required to be considered
 Earlier notice must be served from the higher specialist of the undertaking
advancement group
 According to the required changes individuals should consolidate chance
administration and change administration approaches
Part 2
2.1 Learning cycle
Meeting date Meeting organizer Scribe. Understanding of
the project
Initial meeting Project manager Business analyst and
System designer
The specification
of the system and
the detail design of
the system on the
basis of which the
system designer
will be able to
design the online
ticket booking
system for their
consumers should
be understood
clearly by the
project manager
and the finance
manager (Mir &
Pinnington, 2014).
Based only upon
the system detail
the finance
manager will be

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able to estimate the
project budget
(Walker, 2015).
After considering
the project budget
the project
manager will be
able to understand
about the project
outcome and
benefits as well.
2nd meeting Project manager System designer Before the real life
implementation of
the project on
online ticket
booking system it
is the role of the
project manager to
explain the detail
of the project, to
the system
designer. With the
help of the system
detail the system
designer will be
able to understand
about the
requirement f the
project (Ramazani
& Jergeas, 2015).
Just after the
implementation of
the project outline
it must be
approved by the
project manager to
get to know about
the system details
and expected
outcome that might
generate from after
the implementation
of the project in the
real world.
3rd meeting Business analyst System designer The role of the
business analyst is

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to explain only
those aspects to the
system designer
which stands
beneficial to
Globex (Schwalbe,
2015). Thus, the
leading role of the
business analyst is
to arrange a
meeting with the
system designer to
consider those
aspects those will
help to gain
effective outcome
from the
implementation of
the system.
4th meeting System designer Project manager This is the last
phase of project
life cycle (Young,
2016). In this
phase the system
designer represents
the blueprint of the
online ticket
booking system to
the project
manager to get
approval (Sears et
al., 2015). If the
project manager
define that the
design developed
by the system
designer is not
beneficial then,

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Part 3
3.1 Communication plan
Name of
the
stakeholde
r
Influence Interest of
the
stakeholder
s
Developed
communicatio
n strategies
Arrangemen
t of meeting
Other
communicatio
n form
Project
manager
High High The project
manager of a
business
organization is
responsible to
monitor the
progress of the
project not only
the progress but
also the project
movement can
be monitored
by the project
manager (Zeng,
, Tam & Tam,
2015).
Moreover it can
be said that the
overall project
detail is
professionally
handled by the
project
manager.
Daily Email, phone
calls, meeting,
online
conference etc.
Project
Finance
manager
High High The finance
manager of a
project is
responsible to
estimate the
project budget
(Svejvig &
Andersen,
2015). With the
help of project
budget, the
project
manager will be
Daily Email, phone
calls, meeting,
online
conference etc.

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able to
understand
about whether
the project is
beneficial from
the business
aspect or not
(Joslin &
Müller,). Even
if the project
finance
manager fails to
estimate the
budget
properly, then
the entire
project might
lead towards
major failure.
Business
analyst
Medium High The business
analyst plays
pro vital role in
a business
organization to
analyze
different
business
function and
operation as
well (Hwang &
Ng, 2013). Not
only this but
also all the
possible
business
activities could
be served
efficiently with
the help of the
business
analysts
(Kerzner,
2013).
However, the
primary
objective of a
Weekly Email, phone
calls, meeting,
online
conference etc.

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business
analyst is to
define the most
beneficial and
efficient
advanced
business level
solution for the
consumers and
for the business
owners as well.
System
analyst and
designer
High Medium The role of
system analyzer
and system
designer does
not differ much
from each
other. The
scope of
productivity
and services are
completely
dependent on
the operational
and functional
base that the
RALS is going
to be used for
developing the
online ticket
booking system
(Svejvig &
Andersen,
2015). After
designing the
system it is the
responsibility
of the system
designer to
consider the
safety of the
system (Lock,
2014). If the
designer fails to
adopt proper
safety
Monthly Email, phone
calls, meeting,
online
conference etc.

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mechanism
then again it
will fail to grab
proper
consumers.
Part 4
4.1 Refection
From the overall discussion of the RALS project details it has been found that the motive
of the project is to develop an online tick booking system. In traditional days the consumers have
to stand in a queue for long time to reach the counter. However, the traditional manual ticket
booking approach was very much difficult from the business and consumers aspect. In that
traditional approach the system owners used to face huge level difficulties. In order to mitigate
these issues it is very much necessary to develop an online automated ticket booking system.
With the help of automatic ticket booking system the users will be able to access the system
regardless of their location and time as well. For this particular project the project manager plays
the most effective role and responsibility as well. The project manager is responsible to measure
and monitor the project progress. Not only the project manager but also the business analyst
plays another important role for the implementation of the online ticket booking project. For any
online system security is another important aspects that is strictly required to be considered by
the project manager and the project team members. For securing the system from any kind of
external attack it is necessary to adopt proper data protection and encryption mechanism. With
the help of system security none of the external attacker will be able to access the system and
hijack ticket oriented data from the server. Not only the confidential data but also the financial
details of the consumers who are buying tickets from the online server would also be secured

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from the external attacks. Even the project finance manager is also responsible to estimate the
project budget so that the project manager could successfully deliver the project to the consumers
within estimated budget and time. The basic requirements those are necessary to implement the
project successfully include:
Technical skill: The project manager and the other stakeholder of the project must have
proper technical skills so that the online system can be implemented as an error free one with
different features.
Management skill: For avoiding different external and internal project issues and
conflicts within the project team members it is very much necessary to analyze the project
details. With the help of proper managerial skills the project can deliver as per the project
expectation.
Professional skill: In order to avoid inter organizational and intra organizational conflict
it is very much necessary to consider and develop the professional skills. With the help of
professional skills the project manager and project team members who are working on the online
ticket booking system can work much efficiently and effortlessly in the project.

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