i-Corp Project Management Case Study: System Development Analysis

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Added on  2023/06/04

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This case study provides a detailed analysis of i-Corp's project management strategies, focusing on key aspects such as Measurable Organizational Value (MOV), project scope, milestones, resource allocation, time estimation, and budget management. The study outlines the project's objectives to enhance online services, including breeding facilities and seasonal sales, through a new system. It identifies key project activities, from the initiation phase to system deployment and closure, along with associated resources and time estimations. Furthermore, the case study addresses potential project risks and proposes management strategies to mitigate these risks. It also includes a closure checklist and project evaluation based on MOV, assessing the project's quality, scope adherence, and budget compliance. The document includes tables and diagrams illustrating project resources, time estimation, project budget and time phase budget.
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Running head: PROJECT MANAGEMENT
Assignment 3: (Case Study: i-Corp)
Name of the Student
Name of the University
Author’s Note
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PROJECT MANAGEMENT
Table of Contents
Part One:.....................................................................................................................................4
1.1 MOV - Measurable Organisational Value........................................................................4
1.2 Value of the project..........................................................................................................4
1.3 Appropriate metric............................................................................................................4
2. Part Two:................................................................................................................................6
2.1 Scope................................................................................................................................6
2.2 Out of Scope.....................................................................................................................7
2.4 Scope Management Plan..................................................................................................7
2.5 Resource Plan...................................................................................................................7
Part three:...................................................................................................................................9
3.1 Project Milestones............................................................................................................9
3.2 Project activities.............................................................................................................10
3.3 Project resources.............................................................................................................12
3.4 Time estimation..............................................................................................................13
3.5 Project budget.................................................................................................................14
3.6 Time phase budget..........................................................................................................15
Part four:...................................................................................................................................15
4.1 Assumptions...................................................................................................................15
4.2 Project risks and management strategy..........................................................................16
Part Five:..................................................................................................................................18
Part Six:....................................................................................................................................19
Bibliography.............................................................................................................................21
Appendices...............................................................................................................................22
Annotated Bibliography.......................................................................................................22
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Part One:
1.1 MOV - Measurable Organisational Value
Area of Impact Rank (1 to 5)
Operational 1
Customer 2
Financial 3
Strategic 4
Social 5
1.2 Value of the project
The project value is mainly illustrated below:
Better: The online services like breeding facility as well as seasonal sales that are
provided with the help of the new system is considered to be better in comparison to the
previous system.
Faster: The new system that was developed is helpful in undertaking the online
transaction quite faster and in a very much effective way in comparison to online transaction.
1.3 Appropriate metric
Rank Impact Metrics Timeframe
1 Operational It is identified that
the system assists in
providing number of
services including
seasonal sales,
3months
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PROJECT MANAGEMENT
online transaction,
bidding and more
which further helps
in improving the
organizational
operation.
2 Customer The customer
generally gets better
facilities within the
help of the system
and as a result more
number of customers
get attracted which
enhances the number
of customers by
15%.
2 months
3 Financial As the
organizational
customers increases,
the revenue of the
organization
generally increases
by 10%.
3 months
4 Strategic In order to give
proper services to
2 months
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PROJECT MANAGEMENT
the organizational
customers, it is
necessary to use
proper procedures as
well as strategies.
5 Social For reaching to
more number of
people, it is very
much necessary to
reflect the facilities
that are mainly
provided with the
help of the new
system.
1 month
2. Part Two:
2.1 Scope
The listed points are mainly included within the project and as a result they are
considered as project scope.
 UI development
 Simulation testing
 Database development
 Bidding facility development
 Listing the preferred buyers
 Facility for online transaction
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 Seasonal sales opportunity
 Proper option for information sources
 System development completion
 Testing of project prototype
2.2 Out of Scope
The points that are excluded from the project are listed below:
 Information related with the suppliers of the project are not given
 Proper training facility should be given to the project team
2.4 Scope Management Plan
The steps which are generally required to be undertaken in order to control the scope of
the project are mainly illustrated below:
 The problems or challenges which are project related needs to be understand properly
 Proper information and data need to be gathered about the project requirements as
well as needs
 The signs of the project creep must be properly understood within the initial project
phase
2.5 Resource Plan
ï‚· People
The people who are mainly associated with the project are listed below:
Resource Name Std. Rate
System Analyst $40.00/hr
Budgeter $40.00/hr
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HR Manager $50.00/hr
Planner $50.00/hr
Designer $60.00/hr
Project Manager $60.00/hr
System Developer $55.00/hr
UI Designer $0.00/hr
Database Admin $45.00/hr
Database Vendor $65.00/hr
IT Engineer $50.00/hr
Risk Analyst $55.00/hr
Contractor $45.00/hr
Trainer $45.00/hr
Trainees $0.00/hr
ï‚· Technology
Hardware Desktop, hardware, RAM
Software Implementation software and
designing software
Network Firewall server
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ï‚· Other
Travel needs The expenses which are associated
with travelling are mainly provided
to the various employees who are
related with the organizations.
Training needs Proper training is given to the
employees so that they can be able
to work
Part three:
3.1 Project Milestones
The milestones of the project are listed below:
WBS Task Name Finish
M1 Milestone 1: Completion of initiation phase meeting Mon 08-10-18
M2 Milestone 2: Completion of planning phase Wed 24-10-18
M3 Milestone 3: Completion of system design Mon 12-11-18
M4 Milestone 4: Completion of development phase Mon 07-01-19
M5 Milestone 5: System deployment completion Tue 29-01-19
M6 Milestone 6: Completion of project closure phase Tue 29-01-19
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3.2 Project activities
The activities of the project are listed below:
WBS Task Name
1 Initiation phase
1.1 Analyzing needs of the project
1.2 Making arrangement for project resources
1.3 Hiring employees
1.4 Arranging meeting
M1 Milestone 1: Completion of initiation phase meeting
2 Project planning phase
2.1 Listing the activities of the project
2.2 Scheduling the activities of the project
2.3 Development phase of the project
2.4 Reviewing the plan of the project
M2 Milestone 2: Completion of planning phase
3 Designing phase
3.1 Selection of proper platform
3.2 Designing outline
3.3 Completing the design of the system
3.4 Project design review
M3 Milestone 3: Completion of system design
4 Development phase
4.1 UI development
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4.2 Simulation testing
4.3 Database development
4.4 Bidding facility development
4.5 Listing the preferred buyers
4.6 Facility for online transaction
4.7 Seasonal sales opportunity
4.8 Proper option for information sources
4.9 System development completion
4.10 Testing of project prototype
M4 Milestone 4: Completion of development phase
5 System deployment
5.1 Developing the deployment plan
5.2 Analyzing the project risks
5.3 Undertaking change management
5.4 Integration of system
M5 Milestone 5: System deployment completion
5.6 Project closure phase
5.6.1 Arranging training program
5.6.2 Reviewing project
5.6.3 Documentation
5.6.4 Project sign off
M6 Milestone 6: Completion of project closure phase
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3.3 Project resources
Figure 1: Project resources
(Source: Created by Author)
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3.4 Time estimation
Figure 2: Time estimation
(Source: Created by Author)
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