Project Management - Sample Assignment

Running Head: PROJECT MANAGEMENT
Online Stud Farm Management System
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.................................................................................................3
Part Four: Risk Analysis and Plan...................................................................................................9
Part Five: Quality Management Plan.............................................................................................10
Bibliography..................................................................................................................................11

2PROJECT MANAGEMENT
Part One: MOV – Measurable Organizational Value
MOV – MOV is a specific standard of outcomes that need to be delivered in the project.
Area of Impact – In this project, the desired area of impact is primarily finances i.e.
Globex wants to develop a sustainable business plan that will result in a standard source of
income from the sale of the online stud farm management software. Customer is the secondary
desired area of impact as Globex wants to address the issues faced by the stud farm managers
with their manually managed system.
Value – The value for this particular project is better i.e. the new system will replace the
manually managed process making it much more accurate, efficient as well as convenient for the
stud farm managers.
Metric – The target for the stakeholders in this project is to fulfill all the requirements
and complete the project within a pre-set schedule and budget. Maintaining the schedule and
budget is essential for generating sufficient amount of cost benefit from the project.
Time Frame – In order to achieve the MOV, the expected time frame for the project is
around 7 months (28/05/2018 – 18/12/2018).
Summary of MOV – Within the given timeframe of 7 months and a specific allotted
budget, the project needs to develop an online stud farm management system that will address
the issues faced by the stud farm managers and earn sufficient cost benefit for Globex.

3PROJECT MANAGEMENT
Part Two: Scope Management Plan
The scope of the project includes the development of an online stud farm management
system in which a number of features are to be added that will aid the farm managers in
managing their farms efficiently.
The list of human resources for the project is shown as follows.
Resource
Name
Type
Max.
Units
Std. Rate Ovt. Rate Cost/Use Accrue At
Base
Calendar
Project
Manager
Work 100% $150.00/hr $0.00/hr $0.00 Prorated Standard
Finance
Manager
Work 100% $75.00/hr $0.00/hr $0.00 Prorated Standard
HR Recruiter Work 100% $100.00/hr $0.00/hr $0.00 Prorated Standard
IT Manager Work 100% $120.00/hr $0.00/hr $0.00 Prorated Standard
Developer Work 100% $65.00/hr $0.00/hr $0.00 Prorated Standard
Tester Work 100% $60.00/hr $0.00/hr $0.00 Prorated Standard
The resources are allocated to the project activities as shown in the following table.
Task Name Start Finish Resource Names
Online Stud Farm Mon 28-05- Tue 18-12-18

4PROJECT MANAGEMENT
18
Discussion and Plan
Mon 28-05-
18
Wed 13-06-
18
Survey of Manual
Management of Stud Farms
Mon 28-05-
18
Fri 01-06-18 Project Manager, IT Manager
Analysis of disadvantages
of the Existing System
Mon 04-06-
18
Wed 06-06-18 Project Manager, IT Manager
Discussion Regarding
New Project
Thu 07-06-18 Thu 07-06-18 Project Manager, IT Manager
Propose Online Farm
Management System
Fri 08-06-18 Fri 08-06-18 Project Manager, IT Manager
Analyze Business
Feasibility
Mon 11-06-
18
Wed 13-06-18 Project Manager, IT Manager
Milestone 1: Approval of
Project
Wed 13-06-
18
Wed 13-06-18 Project Manager, IT Manager
Planning and Estimation
Thu 14-06-
18
Fri 20-07-18
Form Project Team Thu 14-06-18 Thu 14-06-18 HR Recruiter

5PROJECT MANAGEMENT
Fulfilment of Initial Plan Fri 15-06-18 Thu 05-07-18
Determine Project Goals Fri 15-06-18 Tue 19-06-18 Project Manager, IT Manager
Determine Project Scope
Wed 20-06-
18
Thu 21-06-18 Project Manager, IT Manager
Determine Project
Methodology
Fri 22-06-18 Thu 28-06-18 Project Manager, IT Manager
Estimate Project
Schedule
Fri 29-06-18 Fri 29-06-18 Project Manager, IT Manager
Create Gantt Chart
Mon 02-07-
18
Mon 02-07-18 Project Manager, IT Manager
Estimate Project Budget Tue 03-07-18 Thu 05-07-18 Project Manager, IT Manager
Fulfilment of Additional
Plan
Fri 06-07-18 Fri 20-07-18
Risk Identification Fri 06-07-18 Mon 09-07-18 Project Manager, IT Manager
Risk Register Tue 10-07-18 Tue 10-07-18 Project Manager, IT Manager
Risk Mitigation
Wed 11-07-
18
Thu 12-07-18 Project Manager, IT Manager

6PROJECT MANAGEMENT
Review Project
Requirements
Fri 13-07-18 Tue 17-07-18 Project Manager, IT Manager
Set Quality Standards
for Project
Wed 18-07-
18
Fri 20-07-18 Project Manager, IT Manager
Milestone 2: Green Light
for Project
Fri 20-07-18 Fri 20-07-18 Project Manager, IT Manager
Initiation
Mon 23-07-
18
Fri 10-08-18
Receive Funds
Mon 23-07-
18
Thu 26-07-18 Finance Manager
Hire Developers Fri 27-07-18 Wed 01-08-18 HR Recruiter
Duty Allocation Thu 02-08-18 Thu 02-08-18 IT Manager
Procure Hardware for
Project
Fri 03-08-18 Wed 08-08-18 IT Manager
Procure Software for
Project
Thu 09-08-18 Fri 10-08-18 IT Manager
Milestone 3: Go Ahead for
Execution
Fri 10-08-18 Fri 10-08-18 Developer

7PROJECT MANAGEMENT
Execution
Mon 13-08-
18
Fri 07-12-18
Hardware Upgrade
Mon 13-08-
18
Thu 16-08-18 Developer
Software Upgrade Fri 17-08-18 Mon 20-08-18 Developer
Development of the Stud
Farm Management System
Tue 21-08-18
Wed 21-11-
18
Develop Farm
Management Website
Tue 21-08-18 Mon 17-09-18 Developer
Conduct Alpha Testing Tue 18-09-18 Tue 25-09-18 Developer
Install Required
Features
Wed 26-09-
18
Tue 16-10-18 Developer
Implement Business
Portal
Wed 17-10-
18
Tue 30-10-18 Developer
Conduct Beta Testing
Wed 31-10-
18
Wed 07-11-18 Developer
Complete the Website Thu 08-11-18 Wed 21-11-18 Developer
Testing of the App Thu 22-11- Fri 07-12-18

8PROJECT MANAGEMENT
18
Connect with Business
Server
Thu 22-11-18 Tue 27-11-18 Tester
Test for Working of the
System
Wed 28-11-
18
Fri 30-11-18 Tester
Test for Bugs
Mon 03-12-
18
Fri 07-12-18 Tester
Milestone 4: Go Live Fri 07-12-18 Fri 07-12-18 IT Manager
Closing
Mon 10-12-
18
Tue 18-12-18
Project Appraisal
Mon 10-12-
18
Tue 11-12-18 Project Manager
Project Review
Wed 12-12-
18
Wed 12-12-18 Project Manager
Documentation Thu 13-12-18 Tue 18-12-18 Developer
Milestone 5: Sign Off and
Closing
Tue 18-12-18 Tue 18-12-18
HR Recruiter, Finance Manager,
Project Manager, IT Manager,
Developer, Tester

9PROJECT MANAGEMENT
Part Four: Risk Analysis and Plan
Some assumptions made in the project are as follows.
The stud farm managers will show significant interest in buying the management system
for their farms.
Globex will be successfully able to build business relationships with the stud farms.
The management system will be able to address the issues faced in the manually managed
systems.
Some risks of the project are identified as follows.
Risk Responsible Stakeholder Mitigation Plan
Budget Risk Finance Manager Use bottom up estimation for
project budgeting
Schedule Risk Project Manager Use Gantt chart for determining
schedule
Scope Creep Project Manager Determine scope accurately using
project charter
Low Cost Benefit Marketing Manager Perform marketing of the product
through various media
Cyber Security Issue Developer and Tester Install security firewalls and anti-
virus software

10PROJECT MANAGEMENT
Part Five: Quality Management Plan
The team’s philosophy is to the deliver the best quality product to the organization by
fulfilling all the requirements of the project as well as the terms of contract set by Globex. In
addition to delivering the project, the team also prioritizes professionalism and teamwork in
order to deliver the project to Globex.
Verification Activities – Some of the verification activities to be conducted in order to
ensure the quality of the project are as follows.
Testing of the system in order to ensure all features have been installed in it
Testing of the system to ensure all the features are running properly
Testing of the system to determine whether a new user can understand its
functions
Validation Activities – Some of the validation activities to be conducted are as follows.
Getting approval from the project manager before starting to work on the project
Get the project charter approved from the project manager
Submit project documentation after project is complete
Let the project manager conduct post project review for final validation of the
project