Project Management Report: Analysis of Globex Project Scenario

This project management assignment analyzes a Globex project scenario, focusing on the implementation of an online booking and payment system to replace a manual system. The report details the measurable organizational value (MOV) by identifying areas of impact, value types, and developing appropriate metrics and a timeframe for the project. It covers project scope management, including resource lists and details. The assignment includes a work breakdown structure (WBS), project activity sets, resource allocation, and cost estimations. Schedule planning is also provided. Risk analysis and quality management plans are developed, along with a project closure checklist and evaluation outline. The report provides a comprehensive overview of the project's lifecycle, from initiation to closure, and includes an annotated bibliography.

Running head: PROJECT MANAGEMENT
Project Management: Globex Project Scenario
Name of the student:
Name of the university:

1PROJECT MANAGEMENT
Table of Contents
Part 1: Measurable Organizational Value........................................................................................3
1.1 Identification for desired area of impact................................................................................3
1.2 Identification of type of the values........................................................................................6
1.3 Development for appropriate metrics....................................................................................6
1.4 Timeframe development........................................................................................................7
1.5 Summary for MOV..............................................................................................................11
Part 2: Project scope management.................................................................................................11
2.1 Scope of the project.............................................................................................................11
2.2 Project resource list..............................................................................................................11
2.3 Resource details...................................................................................................................12
Part 3: Project schedule planning..................................................................................................13
3.1 Work breakdown structure for RALS project.....................................................................13
3.2 Project activity set................................................................................................................14
3.3 Project resources..................................................................................................................15
3.4 Cost estimation for the activities.........................................................................................15
3.5 Estimated time for the project..............................................................................................18
Part 4: Risk analysis and planning.................................................................................................19
4.1 Analysis of project risk and planning..................................................................................19
Part 5: Quality management plan..................................................................................................22
5.1 Philosophy of the project team............................................................................................22
5.2 Quality assurance plan for the project.................................................................................22
Part 6: Closure and evaluation.......................................................................................................23
6.1 Annotated Bibliography.......................................................................................................23
6.2 Project closure checklist......................................................................................................24
6.3 Project evaluation outline....................................................................................................25
References......................................................................................................................................26

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Part 1: Measurable Organizational Value
1.1 Identification for desired area of impact
Identified areas Impact Rank
Consumers Consumers are defied as the main asset
to keep a running business successful
commercially. Online registration,
booking and payment system will give
opportunity to the company to grab more
number of consumers. Superior interface
of online booking system can attract
consumers for its user friendly
application and operational features.
1
Strategy This is another valuable feature for
economical business success. The issues
of manual booking and excel or
spreadsheet based data management was
negatively impacting the project of
Globex. Thus, strategies possessed by
Virtucon will exceptionally help it to
grab consumers. As the developers have
identified that online system has the
potential to attract clients.
2

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Finance Financial support is also an important
component to implement any project
successfully. In order to get estimated
financial capital it is necessary for
Globex to contract with supportive
project sponsors.
3
Operation Implementation of a new online system
is not enough to gain business success.
The system should serve adequate
operational and functional activities also.
Thus, operation is an important part for
the system that has to be considered by
the IT project manager.
4
Social In order to promote the online system
developed by the IT project manager of
Globex social support is needed. Thus,
different social media platform are used
to spread the new online system and its
ability throughout.
5

4PROJECT MANAGEMENT
1.2 Identification of type of the values
Besides the operational factors there are certain values those are equally have to ve
measured. Apart from reliability and flexibility the other values for the online system are as
follows:
Better: The existing manual excel or spreadsheet data management system was raising
error to Globex project thus the new online booking system should serve better delivery
approach with security and user friendly to the consumers.
Faster: The manual booking system was time consuming as it was human controlled
thus, the new booking system is expected to be faster than the existing system.
Cheaper: As the manual booking system caused many errors thus extra budget had to
invest for the maintenance. However, the online booking will cause less error as a result the
system will be cheaper.
1.3 Development for appropriate metrics
In order to implement the online booking system, the total numbers of stakeholders are
segmented in two divisions such as external and internal their expectation from the new system
is as follows:
Name of the stakeholders Roles Expectation
IT project manager Internal To successfully accomplish
the online booking system
within estimated time and
budget.

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Finance manager Internal To accomplish the project
within estimated budget and
even for extra resource
requirements also budget
should not exceed the
estimation.
System developers Internal To meet the system
requirements
Project team members Internal To deliver the online system
as per the requirement of the
consumers.
Consumers External Expecting to get a secured,
faster and user friendly system
from the Globex project.
1.4 Timeframe development
Task Name Duratio
n Start Finish Predecessors Resource Names Cost
Schedule
development for
Globex Projects
124 days Fri
3/30/18
Wed
9/19/18 $22,136.00
Project
initiation phase 42 days Fri
3/30/18
Mon
5/28/18 $7,496.00
Project
requirements
10 days Fri Thu operation
manager,project
$2,720.00

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analysis 3/30/18 4/12/18 sponsor
Resource
gathering 5 days Fri
4/13/18
Thu
4/19/18 2 Project manager $720.00
Resource
analysis 6 days Fri
4/20/18 Fri 4/27/18 3 project sponsor $912.00
Cost
estimation 7 days Mon
4/30/18 Tue 5/8/18 4 finance manager $840.00
Time
allotment 8 days Wed
5/9/18 Fri 5/18/18 5 finance manager $960.00
System
requirements
assessment
5 days Wed
5/9/18
Tue
5/15/18 5 team members $480.00
Scope
assessment 6 days Mon
5/21/18
Mon
5/28/18 6,7 Project manager $864.00
Milestone 1:
Completion of
project initiation
phase
0 days Mon
5/28/18
Mon
5/28/18 8
operation
manager,Project
manager
$0.00
Project
planning phase 37 days Tue
5/29/18
Wed
7/18/18 $5,712.00
Scope
management
planning
4 days Tue
5/29/18 Fri 6/1/18 9
Project
manager,system
developer
$1,152.00
Risk
management
planning
9 days Mon
6/4/18
Thu
6/14/18 11 team members $864.00
Quality
management
planning
9 days Fri
6/15/18
Wed
6/27/18 12 team members $864.00
Stakeholde4r 6 days Fri Fri 6/22/18 12 project sponsor $912.00

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management
planning 6/15/18
System
specification 5 days Thu
6/28/18
Wed
7/4/18 13,14 team members $480.00
Payment
gateway system
planning
10 days Thu
7/5/18
Wed
7/18/18 15 system developer $1,440.00
Milestone 2:
Completion of
project planning
phase
0 days Wed
7/18/18
Wed
7/18/18 16 Project manager $0.00
Project
execution phase 25 days Thu
7/19/18
Wed
8/22/18 $4,896.00
Online
booking system
analysis
5 days Thu
7/19/18
Wed
7/25/18 17 system developer $720.00
System
testing 6 days Thu
7/26/18 Thu 8/2/18 19 system developer $864.00
Clients
requirements
checking
8 days Fri 8/3/18 Tue
8/14/18 20 Project manager $1,152.00
Prototype
designing 6 days Wed
8/15/18
Wed
8/22/18 21
system
developer,operation
manager
$1,584.00
Functional
and nonfunctional
requirements
review
6 days Wed
8/15/18
Wed
8/22/18 21 team members $576.00
Milestone 3:
Project
0 days Wed
8/22/18
Wed
8/22/18
21,22 Project manager $0.00

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execution phase
completed
Project
monitoring
phase
8 days Thu
8/23/18
Mon
9/3/18 $2,512.00
Status report
presentation 5 days Thu
8/23/18
Wed
8/29/18 23
operation
manager,project
sponsor
$1,360.00
Change
management
planning
8 days Thu
8/23/18
Mon
9/3/18 24 Project manager $1,152.00
Milestone 4:
Completion of
monitoring
phase
0 days Wed
8/29/18
Wed
8/29/18 26 Project manager $0.00
Project closure 12 days Tue
9/4/18
Wed
9/19/18 $1,520.00
Stakeholders
signoff 4 days Tue
9/4/18 Fri 9/7/18 27,28 project sponsor $608.00
Post
maintenance plan 5 days Mon
9/10/18 Fri 9/14/18 30 team members $480.00
Final report
submission and
approval
3 days Mon
9/17/18
Wed
9/19/18 31 Project manager $432.00
Milestone 5:
Completion of
project closure
phase
0 days Wed
9/19/18
Wed
9/19/18 32 Project manager $0.00

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1.5 Summary for MOV
After managing all the system criteria it can be said that with the successful
accomplishment of the project the consumers will be able to get a much secured, easy to use and
user friendly service from the Globex Project. There will be no intermediate person and due to
online payment after registration with the system users can immediately deliver their payments
accordingly. However, it is necessary for the project manager to utilize all MOV accurately for
correct factors.
Part 2: Project scope management
2.1 Scope of the project
 To replace the current manual booking system with online booking and payment
system
 To deliver an error free system to the consumers for registration and booking
 To develop a sustainable system for selling to existing and prospective clients
2.2 Project resource list
Resource
Name Type Material
Label Initials Group Max.
Units
Std.
Rate
Ovt.
Rate Cost/Use Accrue
At
Base
Calendar
Project
manager Work P 100% $18.00/hr $0.00/hr $0.00 Prorated Standard
finance
manager Work f 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
operation
manager Work o 100% $15.00/hr $0.00/hr $0.00 Prorated Standard
team Work t 100% $12.00/hr $0.00/hr $0.00 Prorated Standard

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members
system
developer Work s 100% $18.00/hr $0.00/hr $0.00 Prorated Standard
project
sponsor Work p 100% $19.00/hr $0.00/hr $0.00 Prorated Standard
2.3 Resource details
In order to successfully implement any project different resources (in terms of human,
technical, financial, facility) are required. For this particular Project of Globex the resource
details are detailed below:
Human resource: The IT project manager is responsible to monitor and control the
project from the starting up to its successful completion. In addition to this, IT project manager
should track the progress rate or flow of the project also. The finance manager’s responsibility is
to estimate the budget for the project and make sure with a feasibility study that the project will
be completed within the estimation only. The other stakeholders such as system developers,
application programming manager, project team members and operation manager to develop an
user friendly, faster and secure system for their consumers with a lower cost.
Technologies: For this online booking system, software license, hardware support and
internet connection are required.
Facilities: During the development of online booking system, the team member’s
involvement is very important and accordingly planning and execution should be implemented.

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Part 3: Project schedule planning
Figure 1: Schedule development for Globex Project
(Source: created by author)