logo

Building Robots by Ripcord Name of the University Author's Note

   

Added on  2021-04-16

12 Pages2172 Words125 Views
Running head: PROJECT MANAGEMENT Building Robots by RipcordName of the StudentName of the UniversityAuthor’s Note
Building Robots by Ripcord Name of the University Author's Note_1
PROJECT MANAGEMENT 1Table of Contents1. Objectives...............................................................................................................................2a) Two objectives of the venture............................................................................................2b) Development of SWOT analysis.......................................................................................2c) Mind map that was developed to achieved its identified objectives..................................42. Stakeholders...........................................................................................................................4a) Identification of 10 positive and negative stakeholders.....................................................4b) Mind map of the service that was developed to reach its respective objectives................63. Financials...............................................................................................................................6a) Identification of initial investment.....................................................................................6b) Summarizing the justification............................................................................................74. Risks.......................................................................................................................................7a) Identification of five tangible and non-tangible risks........................................................7b) Explanation for measuring risks........................................................................................9References................................................................................................................................10
Building Robots by Ripcord Name of the University Author's Note_2
PROJECT MANAGEMENT 21. Objectivesa) Two objectives of the venture The objectives of the venture are as follows:To digitize the records and make them accessible at any time and at anywhereTo make the world paperlessb) Development of SWOT analysisDevelopment of SWOT analysis for first objective StrengthsHelps in digitizing record in order toaccess information irrespective ofplace and time (Crunchbase 2018)The robot that was build was secureas well as fast.WeaknessesNumber of security related challengescan occur which creates chances forthe loss of information and data.Implementation cost of the robot isquitehighOpportunities The price of the app is quitepredictable as well as low.Any record can be accessed at anytime due to digitization Bohari, Hinand Fuad 2017)ThreatsThe completion in the market is quitehigh among the different competitorsof Ripcord.Development of SWOT analysis for second objectiveStrengthsTo reduce the utilization of paperwithin the organizationsAll the data as well as information arestored through digitization so thataccess of information becomes easier(Bull et al. 2016).WeaknessesNumber of privacy as well as securitychallenges may occurData loss as well as hacking ofconfidential report is another greatproblem
Building Robots by Ripcord Name of the University Author's Note_3
PROJECT MANAGEMENT 3OpportunitiesAutomatic error checking andrestorationSecure as well as very much fast(Crunchbase 2018)ThreatsLarge number of competitors arepresent in the marketToo much expense on the building ofrobot can cause financial challengec) Mind map that was developed to achieved its identified objectivesFigure 1: Mind map that was developed to achieve its identified objectives(Source: Created by author)2. Stakeholdersa) Identification of 10 positive and negative stakeholdersThe stakeholders who are mainly involved within the project are as follows:1.Project manager: The project manager is an individual who has the entireresponsibility of proper planning, initiating, designing,, executing as well as
Building Robots by Ripcord Name of the University Author's Note_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Management Name of the University Author's Note
|14
|1962
|355

Usability of Electronic Health Record Systems - Postgraduate Project Pre-registration
|3
|711
|151

Reflective Practice in Aviation Security Project
|5
|1393
|350

Development of ERP System
|11
|1425
|497

Project Management in a Classification of Buildings
|33
|7749
|123

Assignment (doc) | Project Management
|16
|2469
|17