Project Management Assignment 3: OSFMS

Running Head: PROJECT MANAGEMENT
Project Management Assignment 3: OSFMS
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
Part One: MOV – Measurable Organizational Value......................................................................2
Part Two: Scope Management Plan.................................................................................................2
Part Three: Work Breakdown Structure and Budget.......................................................................4
Part Four: Risk Analysis and Plan.................................................................................................13
Part Five: Quality Management Plan.............................................................................................14
Part Six: Closure and Evaluation...................................................................................................14
Bibliography..................................................................................................................................17
Appendix........................................................................................................................................18

2PROJECT MANAGEMENT
Part One: MOV – Measurable Organizational Value
MOV or Measurable Organizational Value is used to list a set of parameters related to the
goal of the project.
Desired Area of Impact – There are a number of desired areas in the project but based on
the analysis, it can be said that the main desired area is the customer. The entire project has been
designed to fulfill the needs of the stud farm managers although Globex also desires to make a
significant impact in finance by preparing a sustainable stud farm management system business.
Value – The main values of the project are faster and better. The OSFMS is faster and
also much more efficient than the manually managed stud farm systems.
Metric – Some of the appropriate metrics based on which the project will be evaluated
are the cost benefit and business sustainability in terms of annual profit.
Timeframe – The estimated time frame is approximately 6 months.
Summary of MOV – In this project, within the 6 months time, an online stud farm
management system will be delivered that will solve the problems faced by the stud farm
managers.
Part Two: Scope Management Plan
The development of the online stud farm management system (OSFMS) is within the
scope of the project. In order to control the scope, the MOV of the project is to be defined
accurately and the stakeholders need to be aware of scope creep. Regular reporting to project
manager is also recommended to prevent scope creep.

3PROJECT MANAGEMENT
Resource Name Type
Max.
Units
Std. Rate Ovt. Rate Cost/Use
Accrue
At
Base
Calendar
Project Manager Work 100% $140.00/hr $0.00/hr $0.00 Prorated Standard
Finance
Manager
Work 100% $85.00/hr $0.00/hr $0.00 Prorated Standard
Human
Resource
Recruiter
Work 100% $90.00/hr $0.00/hr $0.00 Prorated Standard
Project
Supervisor
Work 100% $115.00/hr $0.00/hr $0.00 Prorated Standard
Development
Technologist
Work 100% $55.00/hr $0.00/hr $0.00 Prorated Standard
Software Testing
Specialist
Work 100% $50.00/hr $0.00/hr $0.00 Prorated Standard
Hardware Material $12,500.00 $0.00 Prorated
Software Material $5,500.00 $0.00 Prorated
Facilities and
Others
Material $2,000.00 $0.00 Prorated