Project Management Report: MBFSA Project Overview and Analysis

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.

Running head: PROJECT MANAGEMENT
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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Figure 4: Deliverables and Milestone
3.3. Assignment of the Resources
Figure 5: Resource Assignments

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3.4. Budget Set

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Figure 6: Project Budget
Part 4: Risk Analysis and Elimination Plan
4.1. Assumptions
Key Assumptions-
 The estimated resources are enough to deliver the MBFSA application The Budget $188,040 is accurate for MBFSA The project has full support from the government
4.2. Risk Mitigation Plan
Risk Identification Framework
R1: Technical Risk The Application Faces Technical Issues
R2: Performance Risk MBFSA fails to perform as expected
R3: Financial Risk The project is going over-budget
R4: Schedule Risk Delays can be seen
R5: Quality Risk The desired quality and performance of the
application is not achieved

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Figure 7: Risk Register
Risk Mitigation
Risk Description Mitigation
R1: Technical Risk MBFSA could not follow the
critical technical specification
supervising the project by
technical expert
R2: Performance Risk MBFSA giving incorrect data Bug Identification and Fixation
R3: Financial Risk The budget is insufficient Project Crashing to complete the
remaining works within the
budget
R4: Schedule Risk 177 days are too less for project
completion
Project Crashing to complete the
remaining works within the
schedule
R5: Quality Risk All the specifications outlined by
Globex are not met
Periodic Quality Testing

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Part 5: Quality Management Plan
5.1. Team’s Objective
Objectives-
 The cost of the project should be minimum since Virtucon will be charging half oof the
management cost from Globex
 Regular and effective communication of the issues and project progress
5.2. Verification Activities
 Checking with the Virtucon team to make sure that the project is being executed
according to the plan prepared by Globex
 If any issues are identified, the issues are to be addressed as soon as possible
5.3. Validation Activities
 Checking if the specifications identified for MBFSA application are met
 Checking if the application is able to perform its expected tasks
Part 6: Closure and Evaluation
The last yet the most important stage of a project is its closure and evaluation. The
evaluation phase helps in validating that the project has been executed according to the goals of
the project (refer to appendix).
6.1. Project Closure Checklist
Checklist Items Yes/No

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Checking if the all the deliverables are delivered 
Checking whether the project is documented 
Generation of the Project Reports 
Post-Project Review 
Payment Completed 
Resources are Released 
Feedback collection 
6.2. Evaluation of Project MOV
The MOV of the MBFSA project will be evaluated in accordance to the fulfilment of the
project objectives and the anticipated project results. As per the plan, a working MBFSA
application is to be delivered to Globex by Vitrucon within 8 months. Delays in the project is not
expected as Virtucon is quite experienced in handling these types of projects and delivering
excellent project. The MOV will be evaluated on basis of timeframe and the cost of the project.

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Bibliography
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management.
Project Management Institute.
Heagney, J. (2016). Fundamentals of project management. Amacom.
Kerzner, H. (2018). Project management best practices: Achieving global excellence. John
Wiley & Sons.
Leach, L. P. (2014). Critical chain project management. Artech House.
Lock, D. (2017). The essentials of project management. Routledge.
Rahmanian, M. (2014). A comparative study on hybrid IT project management. International
Journal of Computer and Information Technology, 3(05), 1096-1099.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Silvius, A. J., & Schipper, R. P. (2014). Sustainability in project management: A literature
review and impact analysis. Social Business, 4(1), 63-96.
Tomanek, M., Cermak, R., & Smutny, Z. (2015). A conceptual framework for web development
projects based on project management and agile development principles. arXiv preprint
arXiv:1502.04297.
Zidane, Y. J., Johansen, A., & Ekambaram, A. (2015). Project evaluation holistic framework–
application on megaproject case. Procedia Computer Science, 64, 409-416.

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Appendix
Annotated Bibliography
Zidane, Y. J., Johansen, A., & Ekambaram, A. (2015). Project evaluation holistic
framework–application on megaproject case. Procedia Computer Science, 64, 409-
416.
Zidane, Johansen, and Ekambaram (2015), discuss about a holistic framework of
evaluation of a particular project. The term evaluation is very close to research and therefore, it is
sometimes used in an interchangeable manner. Evaluation phase of a project is basically
intervention of the achievements associated with a project. Evaluation is completed mainly after
passing of a certain amount of time after completion of a project. The achievements and the
issues faced in a project is mainly examined in project evaluation. This examination is important
as well in order to understand the extent to which the project has been able to achieve a particular
objective. The evaluation phases provides emphasis on the effectiveness and sustainability of the
project and therefore a planned implementation of this particular phase is necessary. This
particular phase is further important to improve decision making and identify the short-term
vision of the future. The success of a project is largely dependent on the extent to which the
project has been able to fulfil the major objectives. Success of the project is largely dependent on
the extent it has been delivered as per the specification. The evaluation phase helps in
measurement of the efficiency of a particular project. The aim of project closure and evaluation
is to check whether the stakeholders of the project is satisfied with the output of the project
delivered.

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Silvius, A. J., & Schipper, R. P. (2014). Sustainability in project management: A
literature review and impact analysis. Social Business, 4(1), 63-96.
Silvius and Schipper (2014), discusses about the sustainability of project management
which is linked with the project evaluation. Sustainability is one important challenge related to
the project. A project sustainability is largely impacted by effective management of a project.
Project Management is largely based on checking the sustainability of the project. The
sustainability in project management although is an emerging field, has large impact on deciding
whether a project has been successful or not. The sustainability is verified in the project
evaluation phase as it checks whether a project was executed in a successful manner. The logical
implementation approach of a project is examined in the project evaluation phase. The project
evaluation is based on checking if the team has been successful in execution of the project in an
effective manner. The project closure phase is based on evaluation of a project because it helps
in ascertaining that the team has executed the project successfully. The evaluation phase is quite
important for all the stakeholders linked to the project and those who will be benefited by the
project execution in a successful way.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project
management. Project Management Institute.
According to Fleming and Koppelman (2016), one of the effective tools of examining the
risks in a project is the use of earned value project management. The earned value project
management can be described as tool for software project that can enable a manager to identify
the causes of project failure. This tool is therefore used in both project execution phase and in the
evaluation phase. In the evaluation phase, this particular project management tool helps in

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checking whether the project has been able to eliminate all the risks and whether it could be
executed in a successful manner. The evaluation phase of certain project therefore, might show
effective utilization of the Earned Value management tool to examine the viability and
sustainability of the project that is delivered.