i-Crop Online Marketplace Platform Development Project & Analysis

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Added on  2023/06/04

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Project
AI Summary
This project focuses on the development of an online platform called "i-Crop" for Globex, aiming to enhance their business infrastructure by integrating buyers and growers into a single platform through a website and mobile application. The project details the measurable organizational value (MOV) across strategic, customer, financial, operational, and social impact areas, emphasizing improvements in service, cost reduction, and faster response times. It includes a comprehensive scope management plan, defining in-scope and out-scope elements, along with a list of necessary resources. A detailed project schedule outlines milestones, activities, resource assignments, and time estimates, culminating in a project budget. Furthermore, the project addresses potential risks and proposes mitigation strategies, followed by a quality management plan to ensure the project's success. The final sections cover project closure and evaluation, including a checklist and evaluation plan to measure the project's effectiveness and alignment with stakeholder requirements. An annotated bibliography provides relevant academic sources used in the project's development.
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Running head: PROJECT MANAGEMENT
Online cash marketplace platform “i-Crop” Development project
Student Name:
University Name:
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1PROJECT MANAGEMENT
Table of Contents
1. Part One: MOV - Measurable Organisational Value.............................................................2
1.1 Desired area of impact.....................................................................................................2
1.2 Value................................................................................................................................2
1.4 Target metric and timeframe............................................................................................3
2. Part Two: Define Scope and produce a Scope Management Plan.........................................3
2.1 Scope definition and scope management.........................................................................3
2.2 List of Resources..............................................................................................................4
3. Part Three: Schedule for the project.......................................................................................5
3.1 Milestones for each phase and Deliverable......................................................................5
3.2 Activities / Tasks for the project......................................................................................6
3.3 Resource Assignments.....................................................................................................7
3.4 Estimates for Each Activity / Task...................................................................................8
3.5 Project Budget..................................................................................................................9
4. Part Four: Project Risk Analysis and Plan...........................................................................10
4.1 Assumptions...................................................................................................................10
4.2 Risk Identification..........................................................................................................10
5. Part Five: Quality Management Plan...................................................................................12
6. Part Six: Closure and Evaluation.........................................................................................13
6.1 Closure Checklist...........................................................................................................13
6.2 Project Evaluation Plan..................................................................................................13
Bibliography.............................................................................................................................14
Appendix - Annotated Bibliography........................................................................................16
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2PROJECT MANAGEMENT
Project Description
The focus of this project is on developing an online platform “i-Crop” for Globex so that they
are able to improve their present business infrastructure. A website along with mobile
application will be developed for Globex through this project so that the buyers and growers
can be integrated into one platform. This project will help the organization to achieve
efficiency in business performance.
1. Part One: MOV - Measurable Organisational Value
1.1 Desired area of impact
Strategy: The new system will help in strategic planning and decision with the help of
various information that will be collected and stored by the system.
Customer: The development of new system will help to resolve the queries of
customers at a faster rate thus increasing the business efficiency.
Financial: Improvement in financial figures could be achieved through the new
system and it will help to achieve more profits along with revenue generation.
Operational: The operational costs will be reduced with the help of new system and
the business will be able to achieve competitive advantage.
Social: The system will act as social platform to bring the buyers and growers
together under a single platform.
1.2 Value
Better: The new system will help to provide better services to the customers as well
as the organization.
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3PROJECT MANAGEMENT
Cheaper: The new system will reduce the costs related to business operations and
functions of the organization.
Faster: The new system will reduce the response time for customers thus leading to
maintenance of healthy relationship.
1.4 Target metric and timeframe
Rank Impact Metrics Timeframe
1 Operationa
l
Decrease in time and cost required for business
operations.
20 days
2 Strategy Keep track of the customers and requirements thus
decrease in money.
25 days
3 Customer Reduction in response time for customers resulting into
cutting of costs.
15 days
4 Social Proper communication between the customers and
organization thus reduction in cost overhead for
operations.
1 month
5. Financial High profits margin and financial excellence. 5 months
2. Part Two: Define Scope and produce a Scope Management Plan
2.1 Scope definition and scope management
This project is aimed at developing an online platform “i-Crop” to fulfil the desired
requirements of customers as well as the business of Globex. The new system will act as
platform in bringing the buyers and growers under one platform for reducing the time
required for business operations.
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4PROJECT MANAGEMENT
In scope: The system will be able to keep track of the customer information and other
relevant transaction details. The efficiency of the business could be improved with the help of
new system.
Out scope: Training of staffs is not included in this project but it is necessary for
success of the system.
Scope management plan
The following steps will be followed for managing scope of the project:
Approval of deliverables for every phase of the project.
Communicating outcomes of the project after every phase of the project.
Notifying the stakeholders about progress of the project compared to schedule.
2.2 List of Resources
People
People Roles
Project Manager Managing and organizing along with planning the project.
Business Analyst Determining and analysing business requirements.
Designer Designing the website.
Developer Developing the website.
Application Designer Designing the Mobile application.
Application Developer Developing the Mobile application.
Tester Testing of the codes and developed modules.
Quality Analyst Analysis of the quality of outcomes.
Technical Writer Documenting the technical aspects.
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5PROJECT MANAGEMENT
Technology: Web development application, WordPress, Java, HTML and other
application development tools.
Facilities: Meeting rooms, conference halls, Development and testing environment
with proper setup.
3. Part Three: Schedule for the project
3.1 Milestones for each phase and Deliverable
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6PROJECT MANAGEMENT
3.2 Activities / Tasks for the project
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7PROJECT MANAGEMENT
3.3 Resource Assignments
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3.4 Estimates for Each Activity / Task
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9PROJECT MANAGEMENT
3.5 Project Budget
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4. Part Four: Project Risk Analysis and Plan
4.1 Assumptions
Required activities has been identified properly before developing the schedule.
Sufficient budget is available for the project.
Adequate resource is available to execute the project.
Timeline for the project has been framed properly.
4.2 Risk Identification
Risk
No
Risk Description Risk
Owner
Probability Impact Mitigation
Strategy
1 Budget over
allocation
The budget
may exceed for
the project
with progress
Project
manager
Medium High Maintenance of
budget log for
each phase as per
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11PROJECT MANAGEMENT
due to time or
other
constraint.
progress.
2 Gathering of
requirements
Requirements
has not been
identified
properly which
may lead to
changes in
project scope.
Project
Manager
Medium High The requirements
have to be
identified
properly and
approval should
be taken from
stakeholders.
3 Technical
fault or
errors
Technical
issues while
designing and
development
of the system.
Developer High High Backup and
recovery options
should be made
available and
maintenance on a
regular basis.
4 Progress of
project
Project is not
progressing as
per determined
schedule.
Project
manager
Medium Medium Constant
monitoring of the
project progress
compared to
schedule.
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