Developing a New Application for Wellen: Project Management Report

This project management report focuses on the development of a new application for the hypothetical company, Wellen, aiming to enhance sales through an online platform. The report outlines project objectives, including increasing sales by 25% and facilitating deals with multiple companies. It details the project's scope, rationale, team size, and a 54-day timeframe with a critical path of 22 days. Deliverables include the application itself, designed to meet customer demands and expand the company's reach. Furthermore, the report addresses potential risks such as financial issues, deadline misses, and technological challenges, providing corresponding mitigation strategies. The project utilizes Gantt charts and network diagrams for planning and scheduling, ultimately concluding that effective project management is crucial for success in the digital era, emphasizing the importance of adapting to customer needs and mitigating risks to achieve project goals.

Project Management for
IT

Abstract
Project management is that process which is used for initiating, preparation,
implementation, controlling and closing the entire work in order to attain the define aim and
objectives of the project. Thus, the project is based upon hypothetical firm name 'Wellen' and
the main objective of this is to introduce new application so that sales man may easily generate
different range of deals. Further, the scope of implementing this application is to attract range
of customers through online platform. Also, the project is completed on 54 days, while its critical
path is only 22 days. Further, there are different types of risk which a project manager face such
that financial issue, not met with specific deadline and technological risk, but report also provide
mitigation strategies as well.

TABLE OF CONTENTS
Abstract............................................................................................................................................2
INTRODUCTION...........................................................................................................................1
Project objectives....................................................................................................................1
Scope......................................................................................................................................1
Company.................................................................................................................................1
Team size................................................................................................................................2
Time- frame............................................................................................................................2
Deliverable.............................................................................................................................3
Rationale.................................................................................................................................4
Risk Management...................................................................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
This project is also used to understand the project management and its application in this
digitalized era. The current study is based upon developing an application for the salesman
through which they may get more sales and sell the company's product. The selected firm for
this report is Wellen which is hypothetical firm for this study. For this, report presented project
objectives, scope, team size, company, time frame and deliverable. Further study will also
describe different project methodology which assist to make project successful within a
specified deadline.
Project objectives
The main objective of the project management is to introduce a new application through
which a person may easily generate range of deals rather than working as a salesman for the
singly company. Thus the objectives are as mention below:
 To increase the sales up to 25% by introducing online application for customers.
 To deal with range of or multiple companies and meet the demand of customers.
Scope
The scope of this project is to grab attention of many customers by providing online
platform. Further, by introducing online application will also assist to enhance sales and creates
positive impression upon the customers. In this modern era, developing new online application
will assist to save time and attract many customers and that is why, to raise deals through
different companies, it is essential to develop online application (Kerzner, 2017). Moreover, it is
also analyzed that by using online application by the sales man will assist to deal with range of
company in single platform.
Additionally, by introducing this online application will assist to reach wide range of
customers towards it and this in turn leads to enhance the current sales and market too. It is
clearly reflected that the main objective of introducing the online application is to increase the
25% sales and to deal with range of companies as well as meet the demand of customers without
any extra cost (Meredith, Mantel Jr and Shafer, 2017).
Company
Wellen is the company which also introduce online application for their customers which
assist to meet the demand of customers. Further, quoted firm is deal under online retail business,
where it provides range of electric products, clothes, beauty products etc.
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Team size
In order to introduce new online application, project manager require team of 7 people
which comprises, project manager, project sponsor, 3 technical staff, business analyst, designer
and develop through which the application may easily developed (Heagney, 2016).
Time- frame
Task
Mode Task Name Duration Start Finish Predecessors
1 Deciding the niche 2 days Sun 2/23/20 Mon 2/24/20
2 Deciding the Company
name 5 days Tue 2/25/20 Mon 3/2/20 1
3 Designing of application 7 days Tue 3/3/20 Wed 3/11/20 1,2
4 Holding own products 4 days Thu 3/12/20 Tue 3/17/20 2,3
5 Selection of products to
be sell 6 days Wed 3/18/20 Wed 3/25/20 2,3,4
6 Creating own website 7 days Wed 3/18/20 Thu 3/26/20 3,4
7 Evaluate the app store
platform 6 days Thu 3/26/20 Thu 4/2/20 4,5
8 Choose best marketing
strategy 6 days Fri 3/27/20 Fri 4/3/20 6
9 Implementing the
application on website 5 days Fri 4/3/20 Thu 4/9/20 6,7
10 Marketing the new
website 6 days Mon 4/6/20 Mon 4/13/20 8
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Gantt chart
Network diagram
From this, critical path is also analysed that helps to complete the project in short time
such that 1+3+6+8+10 i.e. by 22 days. Hence through this project manager may easily complete
the project in this time by complying with these stages in shortest span.
Deliverable
The outcome of developing this online application within a firm will helps to increase the
sales and meet the defined aim and objectives of the company i.e. to meet the demand of
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customers. Another deliverable of this project is to get more deals with range of new companies,
which is possible when company develop an application which deals with various companies
and also provide range of services to customers at low rates (Kerzner, 2019). Therefore, to sell
range of product in single store is only possible while using online application.
Rationale
The main reason of choosing this specific topic is such that there is a huge scope of IT
project in market and that is why, it will be more helpful for the company to deal with range of
customers in single platform. Another rationale of choosing this topic is such that this topic or
project also lead to enhance the current knowledge and this is also used in their future as well.
Moreover, this is a specific topic which is related to IT i.e. to introduce new online application
for the customers by determine their needs and demand. This in turn leads to provide the many
products to range of customers and also creates positive impact upon them as well.
On the other side, another rationale for conducting this project is such that it will assist to
other competitor who provide same products to use this strategy, in which they also use this
strategy to grab attention of customers. Moreover, if customers use this application and shop
online it will assist to save time and also customer get variety of products with different filters
which is the additional advantage for all (Caramia, 2020).
Risk Management
While introducing any project, project manager faces range of risk but there should be
proper mitigation strategies which must be developed by them so that they may easily lead the
project towards success direction. In this current scenario, there are different types of risk which
are face by project manager such that Low budget, not meet with specific timeline, technical risk
and change in requirement. Thus to mitigate this, proper risk management plan should be
preparing which is as mention below:
Type of risk Description Likelihood Impact Mitigation
strategy
Financial issue It means to fluctuation
in the budget which in
turn affect the overall
project in negative
manner
Medium It creates
high impact
upon the
overall
project such
Project manager
should make sure
that they allocate
the budget
equally and also
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that it may
delay the
project
make alternative
strategy in order
to overcome the
issue (Kerzner,
2017).
Not meet with
specific deadline
It means project
manager did not
comply with the
specific deadline which
are specified in gantt
chart
Medium This creates
high impact
upon the
project
because it
may leads to
delay the
project and
did not meet
the defined
timeline too.
By tracking and
monitoring,
project manager
may easily
overcome this
issue. Also, may
use KPI that
assist to
determine
whether the
specific time
meet the deadline
or not.
Technological
risk
It means project
manager face issue
with regards to advance
techniques. It may also
happen when team uses
outdated techniques
and this in turn affect
the project
Low It creates
high impact
upon the
project
because it
may lead to
delay the
project and
do not meet
the specific
requirement
as well.
Project manager
should hire a
technical
engineer as a
human resource
who may easily
identify the
project issue and
also provide
solution for the
same.
Change in It refers to the changes Low The impact In order to
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requirement in requirement of
project client or
customers which in
turn leads to start the
project from scratch
and this creates
negative impact too.
of this risk is
quite high
because
project
manager
needs to re-
start the
project and it
creates
wrong
impact.
mitigate this risk,
project manager
should make a
software
development
team who assist
to reduce the
chances of failure
and they also
helps to increase
the quality of
project too (Lin
and Huang,
2020).
CONCLUSION
By summing up above it has been concluded that, project manager leads a project to
complete the project. Such that in the era of digitalization, every company take steps to be
competitive and that is why, the current project is based upon introducing new online application
by realizing the demand of customers. Through this report, it has been concluded that there is a
wide scope of this project and it also deliver positive outcome to customers. Further, report also
concluded some risk i.e. technological risk, not meet the specified deadline, also provide
mitigation strategy as well.
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REFERENCES
Books and Journals
Caramia, M. (2020). Project management and scheduling. Annals of Operations
Research, 285(1-2), 1-8
Heagney, J., (2016). Fundamentals of project management. Amacom.
Kerzner, H., (2017). Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kerzner, H., (2019). Using the project management maturity model: strategic planning for
project management. John Wiley & Sons.
Kozak-Holland, M. & Procter, C., (2020). Adapting Project Management to Meet This
Challenge. In Managing Transformation Projects (pp. 13-25). Palgrave Pivot, Cham.
Lin, S., & Huang, D. (2020). Project Risk Management. In Project Management Under Internet
Era (pp. 209-246). Springer, Singapore.Era (pp. 209-246). Springer, Singapore.
Meredith, J.R., Mantel Jr, S.J. & Shafer, S.M., (2017). Project management: a managerial
approach. John Wiley & Sons.
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