Online Stud Farm Management System: Assignment Item 3

Running Head: PROJECT MANAGEMENT
Online Stud Farm Management System: Assignment Item 3
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
Part One: Measurable Organization Value (MOV).........................................................................2
Part Two: Scope Management Plan.................................................................................................3
Part Three: Work Breakdown Structure..........................................................................................4
Part Four: Project Risk Analysis and Plan.....................................................................................11
Part Five: Quality Management Plan.............................................................................................12
Part Six: Closure and Evaluation...................................................................................................12
Bibliography..................................................................................................................................14

2PROJECT MANAGEMENT
Part One: Measurable Organization Value (MOV)
Measurable organization value is a benchmark or standard that must be reached through
the achieved goals of a project. In this project, the MOV consists of several aspects that require
achieving certain goals and objectives. The MOV for the project is defined as follows.
Desired Area of Impact – Different projects have different areas of impact like strategy,
customer, financial, operational and social causes. However, the area of impact of this project is
customer. Globex aims to meet the requirements of the stud farm managers and use this
opportunity to gain a large number of contracts that will eventually enhance their business
processes.
Types of Value – The values associated with the proposed new online management
system are as follows.
o Better – Improvement of quality is definitely on the biggest requirements of the
project as the existing manual systems are to be replaced by automated and online
management systems.
o Faster – The new automated system will be much faster and more accurate and
error-free than the current manually operated system.
o Cheaper – Since, the system will be automated, there will only be one time
implementation cost and minimal annual cost for maintenance. This will be much
cheaper than the existing manual system where the companies have not bear high
expenses for the wages of the workers each year.

3PROJECT MANAGEMENT
o Do More – The automated system will not only help the growth of the stud farms
but will also help to establish a strong business for Globex as this is a new market.
Appropriate Metric –
Timeframe to Achieve MOV –
Summary of the MOV – Finally, it can be summarized that the MOV of the project is
such that Globex is able to implement a sustainable business with an entirely new product in
market that actually provides the clients with certain benefits as promised at the initiation of the
project.
Part Two: Scope Management Plan
Project scope is a set of requirements that is used to determine the ultimate goals and
deliverables of the project. The scope management plan for the project is as follows.
In Scope
The in scope items of the project are as follows.
 Survey of the existing system is within the scope of the project.
 Identification of the issues and errors in the current system is within the scope of
the project.
 Development of a new online management system is within the scope of the
project.
 Addition of different system features is within the scope of the project.
Out Scope