Project Management Report: MBFSA Project Overview and Analysis

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Added on  2022/11/26

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This project management report details the implementation and evaluation of the Mobile Based Farmer Support Application (MBFSA) project, undertaken by Globex and delivered by Virtucon. The report provides an overview of the project, its measurable organizational value (MOV), including its impact area, project value, stakeholder targets, and timeframe. It outlines the scope management plan, including resources and work breakdown structure (WBS). The report further includes a risk analysis and mitigation plan, a quality management plan, and a project closure and evaluation section. The WBS, deliverables, resource assignments, and budget are also presented. The report concludes with an annotated bibliography of relevant project management literature and a project closure checklist, along with an evaluation of the project's MOV based on timeframe and cost.
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Project Management
Name of Student
Name of University
Author Note
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Table of Contents
Introduction..........................................................................................................................3
MBFSA Project: Overview..................................................................................................3
Part 1: Measurable Organisational Value............................................................................3
1.1. Impact Area..............................................................................................................3
1.2. Project Value............................................................................................................4
1.3. Target and Expectations of All the Stakeholders.....................................................4
1.4. MOV Timeframe......................................................................................................5
1.5. Summary...................................................................................................................5
Part 2: MBFSA Scope Management Plan.......................................................................7
2.1. Scope.........................................................................................................................7
2.2. Resources..................................................................................................................7
Part 3: Work Breakdown Structure (WBS).........................................................................8
3.1. WBS for MBFSA.....................................................................................................8
3.2. Deliverable and associated Milestone....................................................................11
3.3. Assignment of the Resources..................................................................................13
3.4. Budget Set...............................................................................................................14
Part 4: Risk Analysis and Elimination Plan.......................................................................15
4.1. Assumptions...........................................................................................................15
4.2. Risk Mitigation Plan...............................................................................................15
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Part 5: Quality Management Plan......................................................................................17
5.1. Team’s Objective....................................................................................................17
5.2. Verification Activities............................................................................................17
5.3. Validation Activities...............................................................................................17
Part 6: Closure and Evaluation..........................................................................................17
6.1. Project Closure Checklist.......................................................................................17
6.2. Evaluation of Project MOV....................................................................................18
Bibliography......................................................................................................................19
Appendix............................................................................................................................20
Annotated Bibliography.................................................................................................20
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Introduction
The report aims in discussing the implementation process and the measurable
organization value related to the Virtucon-Globex scenario. The following paragraphs of the
report, provides an overview of the MBFSA project undertaken. The report further provides an
idea of the schedule and the resources considered for the project and further analyses the risks
that the project might face. The report discusses the project closure and the evaluation needs of
the MBFSA project as well.
MBFSA Project: Overview
Mobile Based Farmer support Application of MBFSA project undertaken by Globex aims
in increasing the efficiency of the crop growing process. The system is developed to manage
MBFSA program, which is a collaboration among the wholesalers, Globex and farmers. The
Project will be delivered by Virtucon. The purpose of the project is to deliver an application for
the farmers which will help them decide which particular crop can yield maximum profit in a
season.
Part 1: Measurable Organisational Value
1.1. Impact Area
Strategy The MBFSA system will be driven by GPS to
predict the growth of crops in a particular area
Financial The MBFSA project aims to increase farmers’
profit
Operational The system will have effective operational
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efficiency
Customer This is a customer-driven product that aims in
benefiting the customers
Social The application has high social value as it aims in
helping the farmers.
1.2. Project Value
Value
Area of
Impact
Better Faster Cheaper Do More
Strategy 3 2 2 2
Financial 2 3 3 3
Operational 1 2 2 2
Customer 1 3 2 2
Social 1 2 2 3
Note: The desired area of Impact is evaluated on a scale of 1 to 3
1.3. Target and Expectations of All the Stakeholders
Stakeholders Target (Metrics)
[Need of Improvement]
Expectation
Globex Low- 25% Supervising the development of
MBFSA application
Wholesalers High- 85% To assists team virtucon with
data related to market analysis
Farmers High- 80% To assists team virtucon with
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data related to the losses
Virtucon Low- 25% To deliver MBFSA in a low cost
Government Low- 30% Helping Virtucon and Globex to
deliver an efficient application
1.4. MOV Timeframe
Figure 1: MOV Timeframe
1.5. Summary
MOV Description of MOV
Project Overview Describes the project to be implemented
Impact Area Identification of the impact area
Project Value To deliver a project in a minimum cost
Stakeholders’ Target The target set for the main stakeholders
Timeframe Minimum time required to complete the project 45
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days.
Part 2: MBFSA Scope Management Plan
2.1. Scope
The in-scope of MBSA are-
Delivering MBFSA in a low cost
Delivering MBFSA within 8 months maximum
Out-scope-
Training the wholesalers and Farmers
Maintenance
2.2. Resources
The resource sheet generated from MS project is indicated as follows-
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Figure 2: Resource Sheet of MS Project
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Part 3: Work Breakdown Structure (WBS)
3.1. WBS for MBFSA
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Figure 3: The WBS
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The main constraint linked with the work breakdown structure developed is the
time
It is assumed that the project will be completed within 45 days and within the
budget of $60,000
I am quite confident about the estimates as the time allocated to each phase is
enough to complete the project in a scheduled time.
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3.2. Deliverable and associated Milestone
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