Managing a Computing Project: Vulnerability Analysis - ABC Bank PLC

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Added on 2024/07/24

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This report details a computing project focused on identifying vulnerabilities in the internet banking services of ABC International Bank PLC. The project aims to analyze security issues facing the bank and propose measures to overcome them. It includes a project management plan with defined objectives, scope, and deliverables, alongside a work breakdown structure and Gantt chart for timeframes. Small-scale research employing qualitative and quantitative methods is conducted to gather data on security concerns. The analysis of the research data leads to recommendations for improving data integrity, confidentiality, and availability within the bank's software systems. The project also reflects on the value of the research in meeting stated objectives and personal learning, and evaluates the effectiveness of the project management process, all contributed by a student and available on Desklib for educational purposes.

MANAGING A SUCCESSFUL
COMPUTING PROJECT

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TABLE OF CONTENTS
Introduction......................................................................................................................................1
LO1.................................................................................................................................................. 2
P1 Devise project aims and objectives for a chosen scenario.....................................................2
P2 Produce a project management plan.......................................................................................4
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion..............................................................................................................................6
M1 Produce a comprehensive project management plan............................................................8
LO2.................................................................................................................................................. 9
P4 Carry out small-scale research by applying qualitative and quantitative research methods. .9
M2 Evaluate the accuracy and reliability of different research methods applied......................12
LO3................................................................................................................................................ 13
P5 Analyse research and data using appropriate tools and techniques......................................13
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions....................................................................................17
M3 Evaluate the selection of appropriate tools and techniques for accuracy and authenticity. 18
LO4................................................................................................................................................ 19
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance........................................................................................................................19
M4 Evaluate the value of the project management process......................................................20
Conclusion..................................................................................................................................... 21
References......................................................................................................................................22
Appendix........................................................................................................................................24
Project logbook.......................................................................................................................... 24

LIST OF TABLES
Table 1: Gantt chart.........................................................................................................................7
Table 2: Distribution of activities as per time.................................................................................7
Table 3: Milestone plan...................................................................................................................8
Table 4: Schedule plan.....................................................................................................................8
Table 5: Performance review.........................................................................................................20
Table 6: Project logbook................................................................................................................24

LIST OF FIGURES
Figure 1: ABC international bank....................................................................................................1
Figure 2: Work breakdown structure............................................................................................... 6

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Introduction
Effective and successful computing project is essential to be created so that actual result in the
positive manner can be generated by the project manager. The computing project will be related
to identify the vulnerabilities facing by the bands when they will provide internet banking
services to their clients. The report will create the project plan and also conduct the research
through which security issues which are facing by the ABC international bank Plc will be
identified. ABC international bank is the leading financial institution based in the Europe and
provides internet banking services due to which some of the security issues are facing by them.
The report will effectively create the project plan through which they can implement the project
and achieve the set project purpose. The report will also conduct the research by researcher
through which opinion of the respondents through questionnaire survey will also be identified.
Figure 1: ABC international bank
(Source: www.bank-abc.com, 2018)
1

LO1
P1 Devise project aims and objectives for a chosen scenario
Project description
The project is about to identify the vulnerabilities in the services of the internet banking which is
provided by the ABC international bank PLC which provides their financial services in all
around the Europe, North Africa and Middle East. The banking institutions have various
computing resources which they use to provide some internet banking services to their clients but
due to some vulnerabilities and security attacks their internet banking services may get disturbed.
Issues in the organization
It is evaluated that current ABC bank provide various types of the financial and other banking
services to their clients in which internet banking services are also covered (Khrais, 2015). They
provide banking services through computing resources or digital tools under which their major
concern is related to the data and information of their client’s security. The current issue which is
faced by the organization is related to the vulnerability attacks due to which they lost the
confidential information of their client’s and organization also. The client of the bank lost their
personal information due to the lack of the logical security in the computer devices.
Expectations from the research project
After discussing the issues which by the ABC bank clients it is important for the project to
discuss about the expectations through which issues can be reduced. The project is conducted by
the project manager of the organization which has the expectation to resolve the security attacks
from their computing devices or resources. The main expectation of the project manager is
related to manage the confidential information of the client’s and protect the reputation of the
organization also (Genge and Enăchescu, 2016).
Project aims and objectives
The research project is conducted by the research specialist and the topic is selected by the
research specialist which is related to analyze the vulnerabilities in the services of internet
banking that is provided by the ABC international bank. The project is all about to identify the
security issues facing by the bank due to the impact of the vulnerabilities on their internet
banking services.
2

Objectives:
 The project is about to analyze the vulnerabilities in the ABC international banking
services which they are providing through internet (Liao et al, 2016).
 Objective is also to analyze the various measures to avoid and overcome the security
issues that are occurred in the internet banking services.
 The main purpose and objective of the research project is to meet the manager
expectation which is related to achieve integrity, confidentiality and availability of the
data in the software system used by the ABC bank.
3

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P2 Produce a project management plan
Project introduction: The case of this project is related to identify the security issues currently
facing by the ABC international bank along with identifying the vulnerabilities occurred in the
internet banking or software system that are used by the organization. They are currently using
Microsoft Windows system and its main function is to protect the confidential information of
their clients. Addition to this, they are facing issues of computing system security and that
disturb the need to data confidentiality, integrity and availability.
Importance of project management: This is important as it ensure the project manager and its
team to set the proper expectation to deliver the positive outcome from the project to the
organization. The efficient project manager negotiates the reasonable or achievable milestone
and deadlines around stakeholders and management team. There are various stages which are
covered under the project plan which are effective for the organization to get the positive result
after completion of the project. The stages are important to complete the project with quality and
estimated time (Fleming and Koppelman, 2016).
Following is the project management plan for ABC international bank:
Project scoping
Objective: The main and key objective of this project is only related to analyze the security
issues faced by the ABC bank on their internet banking services because of the vulnerabilities.
Scope: Scope of this project is very large and huge as it helps the organization to identify the
measures through which they can overcome the client’s issues and security concern of their
clients.
Purpose: The main purpose of the project manager is to overcome the security attacks and data
damage from their software system by effective tools and techniques.
Deliverables: The project delivers the positive results in the favour of the ABC international
banking institutions. The project delivers small scale research in which views of the users can be
analyzed to overcome the vulnerabilities impact on computing resources (Harrison and Lock,
2017).
4

Steps or documentation to start the project
Cost: Before initiating the project it is essential for project manager to estimate the budget
required. According to the expectations the project requires at least budget of $20,000 and apart
from this some additional amount of $2,000 is needed to overcome the risk issues. Within the
budget of $20,000 some resources are covered such as- hardware and software, human resources,
engineer as expert, security design, quality technique and other resources.
Timescale: As per the expectations this project need at least time of 2 month to complete. All the
activities including sub-activities need to be covered within the specified time only. Some of the
time issues must be solved in the also week only. Timescale and activities must be decided with
the help of work breakdown structure (WBS) and Gantt chart.
Risk: The project also have some risk due to which time delay issues and lack of positive
outcome must be occurred. Time management, cost control, proper allocation of the resources
are the risks that are involved under this project.
Quality: Quality assurance and management is also need to be managed by the project manager
by solving the risk identified in the project. Time issue can be solved by using prioritization
strategy, cost issues by budget control strategy and resources allocation issue can be solved by
equal distribution of resources. These strategies to reduce the risk help the project manager to
cover the quality assurance (Kerzner and Kerzner, 2017).
Communication: In the last, the project manager needs to conduct the official meeting with the
investors, stakeholders and other project management team. In that meeting all the points and
details related to the project must be discussed and communicated to the members. This will help
to identify the changes required along with the potential suggestion from the members.
Communication can also be done by the video conferences, e-mail and phone calls also.
5

P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages for
completion
Figure 2: Work breakdown structure
(Source: Author, 2018)
6
Computing project
Planning
Hand on machines
User and system
analysis
Document the
strategy
Identify skills
Requirement
specification
Meetings
Focus on issues
Ouline solutions
Risk identification
Pre-design
Communication
for project
requirement
Finalization of
solutions
Contract and
agreement
Revise cost and
time
Designing
Logical design
Physical resources
Protyping and risk
managment
Implementation
Configuration of
device and
software
additional
installation
Documentation
Testing
Configuration
testing
Physical
installation
Quality
analysis
Post-
implementation
Maintenance guide
Recommendations
Training and
development
Resource handover
Project closure

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Table 1: Gantt chart
Project actions Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8
Planning
Requirement identification
Project Pre-designing
Project Designing
Implement
Project testing
Project post-
implementation
Table 2: Distribution of activities as per time
Actions Time needed
Planning: Includes- security parameter, CIA features knowledge,
resource arrangement and create the concept behind project
In week 1
Requirement identification: Includes- identify the project
impact, identify the impact of vulnerabilities and team
communication.
In week 2
Project Pre-designing: Includes- solution creation and
management of resources
In week 3
Project Designing: verification of needs, design the project
Prototyping and final design
In week 4
Implementation of plan: Includes- Configure the hardware and
software and update the components
In week 5
Project testing: Includes- module test and functions. In week 6
Project post-implementation: provide training for employees
development and end the project
In week 7 and 8
7

M1 Produce a comprehensive project management plan
Table 3: Milestone plan
Actions for project Status of action plan Time needed as action
Planning Finished 5 days
Requirement identification Finished 12 days
Project Pre-designing Finished 6 days
Project designing Only part is completed 4 days
Implementation Some areas are still not completed 6 days
Testing of project Some are still not finished 4 days
Project post-implementation Ready to complete due some areas are dew 3 days
Table 4: Schedule plan
Actions and weeks 1st 2nd 3rd 4th 5th 6th 7th 8th
Collect data for project
Interact with
stakeholders
Risk identification
Plan for project proposal
Element planning
Decide budget
Conduct research
Create questionnaire
Organize team
Complete the project
8