Project Management for Development of Online Cash Marketplace Platform - I-Crop

Running head: PROJECT MANAGEMENT
Development of a new online cash marketplace platform – I-Crop
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
Table of Contents
1. Part One:.................................................................................................................................2
1.1 Measurable organizational Value (MOV)........................................................................2
1.2 Desired project plan value................................................................................................2
1.3 Appropriate metric...........................................................................................................2
2. Part Two:................................................................................................................................4
2.1 Project scope....................................................................................................................4
2.2 Out of scope.....................................................................................................................4
2.3 Scope management plan...................................................................................................4
2.4 Project resources..............................................................................................................5
3. Part three................................................................................................................................5
3.1 Project milestones............................................................................................................5
3.2 Project activities...............................................................................................................6
3.3 Project resources..............................................................................................................7
3.4 Time estimation................................................................................................................8
3.5 Project budget...................................................................................................................9
3.6 Time phase Budget.........................................................................................................10
4. Part four................................................................................................................................10
4.1 Assumptions...................................................................................................................10
4.2 Project risks and project risk management strategy.......................................................10
5. Part Five...............................................................................................................................13
5.1 Statement on project quality...........................................................................................13

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PROJECT MANAGEMENT
5.2 Verification activities.....................................................................................................13
5.3 Validation activities.......................................................................................................13
6. Part Six:................................................................................................................................14
6.1 Annotated Bibliography.................................................................................................14
6.2 Closure checklist............................................................................................................14
6.3 Project evaluation...........................................................................................................14
Bibliography.............................................................................................................................15
Appendices...............................................................................................................................17
Appendix 1: Annotated Bibliography..................................................................................17

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PROJECT MANAGEMENT
1. Part One:
1.1 Measurable organizational Value (MOV)
Area of Impact Rank (1 - 5)
Strategy 2
Consumers 1
Financial 4
Operational 3
Social 5
1.2 Desired project plan value
It is found that out of the four values, the values which are mainly expected from this
project are elaborated below:
Cheaper: The organization does not need to pay extra on hiring number of staffs for
managing the operations of the organization due to management of the operations with the
help of online platform and thus the services are considered to be cheaper.
Faster: The project uses online platform for cash transaction and as result the cash is
transferred online which is considered as one of the faster methods.
1.3 Appropriate metric
Rank Metrics Impact Timeframe
1 Consumers 20% increment in
the consumers as the
organization
captures consumers
from different areas
irrespective of the
80 days

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PROJECT MANAGEMENT
location.
2 Strategy Business strategies
as well as
approaches are used
for avoiding the risk
factors as well as
various types of
competitive
challenges.
75 days
3 Operational All the desired
applications will be
helpful in making
the operation much
faster as well as
better.
70 days
4 Financial The features of the
organization would
be helpful in
enhancing the yearly
capital of the
organization.
75 days
5 Social The social
supportive structure
of the project assists
in the project
70 days

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PROJECT MANAGEMENT
promotion for
increasing the
customers.
2. Part Two:
2.1 Project scope
The points which are listed are included within the project in-scope:
 Setting objectives for project
 Team allocation of for project
 Identification of project resources
 Service delivery to the clients irrespective of time as well as budget
2.2 Out of scope
Out of scope include:
 Website maintenance was excluded from the project
 Details associated with project suppliers are not encompassed
2.3 Scope management plan
The steps for managing scope are listed below:
 Planning the project scope
 Proper collection of project requirements
 Defining the scope of the project
 Creating the work breakdown structure
 Scope validation
 Scope control
2.4 Project resources
People: The involved people are: