ITC505 Project Management Assignment: Farmism Project Charter Details

This ITC505 assignment presents a comprehensive project charter for the 'Farmism' project, focusing on developing a mobile application and website to create an online marketplace for buying and selling crops. The charter details the measurable organizational value (MOV), functional and project delivery scope items, a scope management plan, and the roles of key personnel. It includes a technology overview, facility requirements, and identifies travel and training needs. A high-level work breakdown structure (WBS) is provided with activity durations and resource assignments, visualized through a Gantt chart. The charter also covers milestones, resource usage, a detailed project budget, key assumptions, and a risk assessment. Furthermore, it includes a quality statement, verification and validation activities, an annotated bibliography, and a project closure checklist. The document concludes with a MOV evaluation plan, ensuring the project's success and alignment with organizational goals. Desklib offers this and other solved assignments to aid students in their studies.

ITC505 – Assignment 3 –Project Charter <<STUDENT ID>>
ITC505- Project Management
Assignment 3 – project charter
STUDENT ID: <<STUDENT ID>>
STUDENT NAME: <<STUDENT NAME>>
SUBMITTED TO LECTURER: ANDREA MUTHU LAKSHMI

ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
ITC505- Project Management
Table of Contents
ITC505- Project Management...................................................................................................1
1 MOV - Measurable Organisational Value (5 Marks)........................................................3
2 Functional Scope Items....................................................................................................5
3 Project Delivery Scope Items...........................................................................................5
4 Scope Management Plan.................................................................................................6
5 People and their roles......................................................................................................6
6 Technology (Hardware, Software and Network).............................................................7
7 Facilities – where will the team be situated?..................................................................7
8 Other Travel and Training Requirements.........................................................................7
9 High level Wok Breakdown Structure with Duration and Resource Assignment............8
10 Gantt Chart and Tracking Gantt.....................................................................................10
11 Milestones.....................................................................................................................11
12 Resource Usage..............................................................................................................11
13 Project Budget...............................................................................................................12
14 Assumption....................................................................................................................13
15 Risks...............................................................................................................................13
16 Quality Statement..........................................................................................................15
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
17 Verification Activities.....................................................................................................15
18 Validation Activities.......................................................................................................15
19 Annotated Bibliography.................................................................................................16
20 Closure Checklist............................................................................................................16
21 Project – MOV Evaluation..............................................................................................17
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
Part One – 15 Marks
1 MOV - Measurable Organisational Value (5 Marks)
Step 1: Identify the desired area of impact
Area of Impact Rank (1 to 5)
Customer 1
Social 2
Operational 3
Financial 4
Strategy 5
Step 2: Identify Desired Value – Better / Faster / Cheaper / More
The main desired value of the project is faster. In the current process, the sale and purchase
cycle is slow and do not have a specific system. With the proposed mobile application and
the website, these processes will follow a specific framework and will be faster and more
convenient for the growers and buyers. Thus, “better” can also be considered as a desired
value.
Step 3: Identify the Metrics
The project has an estimated budget of $1,217,320 and duration of 154 days. These metrics
must be fulfilled in the project and the investment should be recovered in the next 6
months.
Step 4: Identify the Timeframe
After completion of the project, a timeframe is required to monitor the benefits and
achievement of the MOV. For this project, the timeframe for achieving the MOV is set at 6
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
months after the project is completed and rolled out.
Step 5: Agree with the Sponsor
The sponsor who will provide funding for the project has requested to provide a
presentation of all details and proposed features of the system as well as the expected cost
benefit before the funds are made available. The same will be done in due course to agree
with the sponsor regarding proceeding with the project.
Step 6: Summarise in a Clear Concise Statement
While any project requires financial benefits, this project is focussed on benefitting the
customers with an effective system for buying and selling crops but it is also required a
sufficient cost benefit is gained such that the investment in the project can be recovered in
the next 6 months period.
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
Part Two: (10 Marks)
Scope (s) – 10 Marks
2 Functional Scope Items
The functional scope items of the project are:
 An online market place for selling and buying crops
 A functional website for accessing the market place
 A smartphone application for accessing the market place
3 Project Delivery Scope Items
The project delivery scope items are:
 Project charter
 Project budget plan
 Project schedule plan
 Project list of requirements
 Website
 Mobile application
 Final project report document
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
4 Scope Management Plan
The primary scope is to deliver the proposed new website and the mobile application
through which, the customers will be able to access the online market place. Other related
factors like development of business plan with the developed system, developing ideas for
future upgrades and others are out of scope and hence, it is to be ensured that the project
does not move out of scope. Monitoring of the project is necessary and the scope is to be
managed to ensure the project is conducted within the budget and schedule limits and in
the right direction.
5 People and their roles
People Roles
System Architecture Specialist Development of system architecture
Project Manager Management of the project
Business and Marketing Specialist Business analysis
Project Sponsor Funding
System Designers Design of the system
Testing Team Lead and Testers Testing of the system
Training Team Lead and Trainers Training of employees
Human Resource Manager Appointment of human resources
Configurations Specialists Configure the website and the app
System Developers Development of the website and the app
Other Stakeholders Other duties in the project
Team Leads Managing the teams
Chief Architects Assistance in developing system
architecture
Customers Use the system and provide feedback
Operations Manager Management of operations
6 Technology (Hardware, Software and Network)
Hardware Suitable and updated hardware for
development of the website and the
application
Software Suitable software for development
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
of the website and the application
Network Internet connection for developing
and testing the website
7 Facilities – where will the team be situated?
For the entire duration of the project, a project room and staying rooms will be provided for
the project team members. In the project room, sufficient workstations and the software
will be provided on which, the team members can work.
8 Other Travel and Training Requirements
Travel Requirements Rooms will be provided for project
team members for the entire
duration of the project in order to
avoid travel requirements
Training Requirements A training session will have to be
conducted for employees to learn
working on the new system
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
Part Three: (15 Marks)
9 High level Work Breakdown Structure with Duration and Resource Assignment
Figure 1: Work Breakdown Structure
(Source: Created by Author)
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
The duration and resource assignments are shown as follows.
Figure 2: Activity Durations and Resource Assignments
(Source: Created by Author)
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
10 Gantt Chart and Tracking Gantt
Figure 3: Gantt Chart
(Source: Created by Author)
11 Milestones
Milestones are included in the Gantt chart marked by a black diamond shape between the
activities.
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ITC505 – Assignment 3 – Project Charter <<STUDENT ID>>
12 Resource Usage
ID Resource Name Type Material Label Initials Group Max. Units Std. Rate Ovt. Rate Cost/Use Accrue At Base Calendar Code
1 System
Architecture
Specialist
Work S 100% $80.00/hr $0.00/hr $0.00 Prorated Standard
2 Project Manager Work P 100% $100.00/hr $0.00/hr $0.00 Prorated Standard
3 Business and
Marketing
Specialist
Work B 100% $70.00/hr $0.00/hr $0.00 Prorated Standard
4 Project Sponsor Work P 100% $0.00/hr $0.00/hr $0.00 Prorated Standard
5 System Designers Work S 100% $55.00/hr $0.00/hr $0.00 Prorated Standard
6 Testing Team Lead
and Testers
Work T 100% $175.00/hr $0.00/hr $0.00 Prorated Standard
7 Training Team Lead
and Trainers
Work T 100% $175.00/hr $0.00/hr $0.00 Prorated Standard
8 Human Resource
Manager
Work H 100% $70.00/hr $0.00/hr $0.00 Prorated Standard
9 Configurations
Specialists
Work C 100% $40.00/hr $0.00/hr $0.00 Prorated Standard
10 System Developers Work S 100% $60.00/hr $0.00/hr $0.00 Prorated Standard
11 Other Stakeholders Work O 100% $250.00/hr $0.00/hr $0.00 Prorated Standard
12 Team Leads Work T 100% $160.00/hr $0.00/hr $0.00 Prorated Standard
13 Chief Architects Work C 100% $90.00/hr $0.00/hr $0.00 Prorated Standard
14 Customers Work C 100% $0.00/hr $0.00/hr $0.00 Prorated Standard
15 Operations
Manager
Work O 100% $120.00/hr $0.00/hr $0.00 Prorated Standard
Figure 4: Resource Usage
(Source: Created by Author)
13 Project Budget
Figure 5: Project Budget
(Source: Created by Author)
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