Project Plan Part 1 - Information System Project Management
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This project plan aims to integrate all stakeholder groups into one common platform from which all the operations can be performed. It includes project charter, scope statement, objectives, implementation plan, risk management plan, stakeholder register and management strategy.
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AUSTRALIAN INSTITUTE OF HIGHER EDUCATION P/L ASSESSMENT ITEM COVER SHEET NAME OF STUDENT: TAIMOOR RASHID STUDENT ID NUMBER: 102692 UNIT CODE: ISY 204 UNIT NAME: INFORMATION SYSTEM PROJECT MANAGEMENT LECTURER: DR IAN KRYCER TITLE OF ASSESSMENT ITEM: ASSESSMENT 1 (REPORT) WORD COUNT: 1513 DATE ASSESSMENT ITEM IS DUE: 6-4-18 ACTUAL DATE OF SUBMISSION: 6-4-18TIME OF SUBMISSION: 7:00 PM STUDENT DECLARATION: I HEREBY STATE THAT THIS ASSESSMENT ITEM IS MY OWN WORK. ALL REFERENCES AND CITATIONS (AS RELEVANT) ARE INCLUDED. STUDENT NAME: TAIMOOR RASHIDDATE: 6-4-18
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PROJECT PLAN PART 1 Executive Summary In this project, the main aim is to fulfill all requirements set by the CIO ofIntelligent Information Inc. The main requirement of the project is to integrate all the stakeholder groups into one common platform from which all the operations can be performed. As per the requirement, the platform should be able to support marketing operations like identification of potential customers, operational requirements like management and maintenance of IoT sensors and risk management operations like fraud detection and prevention.
Introduction This project is based on the purchase and implementation of a Big Data Analytics package forIntelligent Information Incthat will enhance the existing business operations and marketing policies of the company (Marz and Warren 2015). The implementation of the Big Data Analytics Package has been suggested by the CIO due to a number of reasons. Firstly, the Big Data Analytics Package will be able to provide an integrated platform on which all the various required operations from different stakeholder groups can be performed all at once. This will replace the need for separate platforms for each department that are not only hard to manage but also have too much maintenance and management costs (Wambaet al. 2015). Secondly, with the new analytics platform almost of the operations will become automated and not further require too much human interference. This will also reduce the operational errors caused by the manual management systems. 1. Project Charter 1.1 Project Background The CIO ofIntelligent Information Incwants to deploy a suitable big data platform thatwillhelpvariousstakeholdergroupsofthecompany.Someoftheimportant requirementsincludeidentificationofpotentialcustomers,improvementofservice, management and maintenance of IoT sensors, fraud detection and prevention and others (Dhamodaran, Sachin and Kumar 2015). The main challenge of the development is that all of the requirements should be met such that all of these should be integrated within one common platform. In other words, there should not be separate systems for the different requirements; there will be one common platform through all of the required operations can be performed.
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1.2 Project Scope Statement Based on the background and requirements of the project, the project scope can be determined as follows. Scope 1–Purchase and implementation of a Big Data Analytics Package is within the scope of the project. Scope 2–Integration of all stakeholder groups is within the scope of the project. 1.3 Project Objectives The objectives of the project are as follows. To hire a suitable consultant for helping to identify best analytics package To recruit project team consisting of technical experts To procure sufficient budget for the project To deploy the new Big Data Analytics Platform To train the existing employees to use the system 1.4 Implementation Plan 1.4.1 Work Breakdown Structure The work breakdown structure of the project is as follows.
Figure 1: Work Breakdown Structure of the Project (Source: Created by Author) 1.4.2 Project Schedule The estimated project schedule is shown in the following table. Task NameDurationStartFinish Implementation of Big Data Analytics 142 daysMon 02-04-18Tue 16-10-18 Project Initiation10 daysMon 02-04-18Fri 13-04-18 Appointment of Project Manager2 daysMon 02-04-18Tue 03-04-18 Listing of Project Requirements2 daysWed 04-04-18Thu 05-04-18 Meeting between Primary1 dayFri 06-04-18Fri 06-04-18
Stakeholders Preparation of List of Deliverables1 dayMon 09-04-18Mon 09-04-18 Consultation with Big Data Expert2 daysTue 10-04-18Wed 11-04-18 Finalization of Plan2 daysThu 12-04-18Fri 13-04-18 Project Preparations32 daysMon 16-04-18Tue 29-05-18 Preparation of Project Charter5 daysMon 16-04-18Fri 20-04-18 Determination of Project Scope2 daysMon 23-04-18Tue 24-04-18 Determination of Project Objectives1 dayWed 25-04-18Wed 25-04-18 Preparation of Project Schedule2 daysThu 26-04-18Fri 27-04-18 Estimation of Project Budget3 daysMon 30-04-18Wed 02-05-18 Assign Roles to Stakeholders4 daysThu 03-05-18Tue 08-05-18 Preparation of Stakeholder Management Plan 2 daysWed 09-05-18Thu 10-05-18 Analysis of Potential Risks4 daysFri 11-05-18Wed 16-05-18 Preparation of Risk Management Strategy 3 daysThu 17-05-18Mon 21-05-18 Procurement of Project Budget2 daysTue 22-05-18Wed 23-05-18 Allocation of Duties and Roles2 daysThu 24-05-18Fri 25-05-18 Deployment of Project Teams2 daysMon 28-05-18Tue 29-05-18
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Project Execution88 daysWed 30-05-18Fri 28-09-18 Purchase of Necessary Hardware15 daysWed 30-05-18Tue 19-06-18 Purchase of Necessary Software10 daysWed 20-06-18Tue 03-07-18 Installation of Hardware and Software 15 daysWed 04-07-18Tue 24-07-18 Installation of Big Data Platform5 daysWed 25-07-18Tue 31-07-18 Purchase of Big Data Analytics Package 4 daysWed 01-08-18Mon 06-08-18 Phase 1: Marketing15 daysTue 07-08-18Mon 27-08-18 Installation of Sales Forecast Feature5 daysTue 07-08-18Mon 13-08-18 Installation of Potential Customer Identification Feature 5 daysTue 14-08-18Mon 20-08-18 Testing of the System5 daysTue 21-08-18Mon 27-08-18 Phase 2: Operations9 daysTue 28-08-18Fri 07-09-18 Link the Platform to Existing IoT Sensors 2 daysTue 28-08-18Wed 29-08-18 Control the Sensors using the Big Data 2 daysThu 30-08-18Fri 31-08-18 Testing of the System5 daysMon 03-09-18Fri 07-09-18
Phase 3: Risks15 daysMon 10-09-18Fri 28-09-18 Install Fraud Detection Feature5 daysMon 10-09-18Fri 14-09-18 Install Fraud Prevention Feature5 daysMon 17-09-18Fri 21-09-18 Testing of the System5 daysMon 24-09-18Fri 28-09-18 Project Closing12 daysMon 01-10-18Tue 16-10-18 Project Handover5 daysMon 01-10-18Fri 05-10-18 Project Documentation5 daysMon 08-10-18Fri 12-10-18 Stakeholder Sign Off1 dayMon 15-10-18Mon 15-10-18 Final Closing1 dayTue 16-10-18Tue 16-10-18 1.4.3 Project Budget The overall budget of the project is estimated as follows. Resources / RequirementsEstimated Cost Hardware Requirements$50,000 Necessary Software$10,000 Big Data Analytics Platform$40,000 Development Costs$10,000 Developer Wages and Consultation Fees$15,000 Stakeholder Wages and Payments$25,000
TOTAL$1,500,000 1.5 Risk Management Plan The risk management plan for the project is developed using risk register matrix as follows. Risk DescriptionChance of Occurrence Impact on Project Mitigation Strategy Scope Creep caused due to inappropriate definition of project scope HighHighDefine scope statement properly during development of the project charter Budget overshoot due to additional costs and expenses HighVery HighDevelop accurate budget estimation and keep 10-20% of the budget as contingency money (Gandomi and Haider 2015) Cyber attacks through various online media during setting up of the big data Very HighExtremeInstall strong firewalls, anti- virus softwares and ad blockers to prevent any kind
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platformof malwares and broken files to enter into the system Poor management and maintenance of the system due to lack of sufficient technical expertise in big data Very HighMediumConduct training sessions for all the stakeholder groups after the project is over 2. Stakeholder Register The stakeholder register for the project is developed as follows. Stakeholder Name Stakeholder Designation Stakeholder Category Stakeholder Role Tim RoyceIS Project Manager ExternalAnalysis of the requirements, execution, monitoring and control of project and related human resources George SmithVP of OperationsInternalManagement of the
operational aspects of the project including development of IoT control using the integrated Big Data platform Sam JohnsonVP of MarketingInternalManagement of the marketing aspects of the project including development of business analytics in the platform Vinh TranRisk ManagerInternalAssessment and management of project risks as well as managing the risk management feature of the big data platform Jack SmithCFO, SponsorInternalProviding sufficient funds for
the project Susan WongCIO, Steering Company Member InternalManage and employ external stakeholders for the project Robert BericBusiness Consultant ExternalProvide business suggestions and recommendations including selection of Big Data Analytics Platform Jason JohnsonHardware Technician ExternalUpgradation of the existing hardware at the company Magnus OlssonBig Data ExpertExternalDevelopment of the Proposed Platform Gary EbbertTrainerExternalTrain stakeholder groups for using the big data platform
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3. Stakeholder Management Strategy In order to develop an appropriate stakeholder management strategy, an RACI matrix is developed as follows. Charter Development Budget Allocation Risk Manage ment Big Data Platfor m Develop ment System Testing Staff Trainin g IS Project Manage r RARAAI VP of Operati ons CICRCI VP of Marketi ng CICRCI Risk Manage r CIRIII CFO, Sponsor CRIIII
CIOCIIIII Business Consultan t RIIICI Hardwa re Technic ian CICRCI Big Data Expert CICRRI TrainerIIIIIR Furthermore, as per the stakeholder management strategy, each stakeholder must follow the following guidelines. Communication–Thestakeholdersmustcommunicatewitheachothervia appropriate medium throughout the project. Cooperation– The stakeholders must cooperate with each other throughout the project (Kerzner and Kerzner 2017). Performance– The stakeholders must exhibit maximum enhanced performance throughout the project. Adherence to Policy– The stakeholders must stick to company guidelines and policies at all situations.
Conclusion Inthisreport,aninitialprojectplanhasbeendevelopedfortheproposed implementation plan of the Big Data Analytics Package forIntelligent Information Inc. As per the estimated plan, the overall project duration is around 6 months and the estimated budget for the project is $1,500,000. As per the proposed plan, ten different internal and external stakeholders have been appointed for the project who will manage various aspects of the same.
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References Dhamodaran, S., Sachin, K.R. and Kumar, R., 2015. Big data implementation of natural disaster monitoring and alerting system in real time social network using hadoop technology. Indian Journal of Science and Technology,8(22), p.1. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Gandomi, A. and Haider, M., 2015. Beyond the hype: Big data concepts, methods, and analytics.International Journal of Information Management,35(2), pp.137-144. Harrison, F. and Lock, D., 2017.Advanced project management: a structured approach. Routledge. Hashem, I.A.T., Yaqoob, I., Anuar, N.B., Mokhtar, S., Gani, A. and Khan, S.U., 2015. The rise of “big data” on cloud computing: Review and open research issues.Information Systems,47, pp.98-115. Heagney, J., 2016.Fundamentals of project management. AMACOM Div American Mgmt Assn. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Marz, N. and Warren, J., 2015.Big Data: Principles and best practices of scalable realtime data systems. Manning Publications Co.. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Walker, A., 2015.Project management in construction. John Wiley & Sons.
Wamba, S.F., Akter, S., Edwards, A., Chopin, G. and Gnanzou, D., 2015. How ‘big data’can makebigimpact:Findingsfromasystematicreviewandalongitudinalcasestudy. International Journal of Production Economics,165, pp.234-246. Wang, Y., Kung, L. and Byrd, T.A., 2018. Big data analytics: Understanding its capabilities and potential benefits for healthcare organizations.Technological Forecasting and Social Change,126, pp.3-13.