Project Management Charter Assignment: MBFSA Project at University

This project management assignment presents a comprehensive charter for the Mobile Based Farmer Support Application (MBFSA) project. It begins with an overview and description of the project, which aims to develop an application to assist farmers in crop planning and profit prediction. The assignment then delves into the Measurable Organizational Value (MOV), identifying its area of impact, types of values (Better, Cheaper), stakeholders' expectations, and a timeline for achieving the MOV. The scope of the project is defined, along with a list of resources. A detailed Work Breakdown Structure (WBS) is provided, including deliverables, milestones, resource assignments, and a project budget. The assignment also covers project assumptions, a risk identification framework, and a risk ownership strategy. Furthermore, it outlines the team's philosophy and objectives, verification and validation activities, and a project closure checklist. Finally, the assignment evaluates the project MOV based on the completion of project specifications and includes an annotated bibliography. The project utilizes Globex and Virtucon, with a focus on delivering the project within six months and a prototype within two.

Running head: PROJECT MANAGEMENT
Project Management
Name of Student
Name of University
Author Note

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Table of Contents
Overview..............................................................................................................................3
Description...........................................................................................................................3
Part One: MOV- Measurable Organisational Value............................................................3
1.1. Definition of MOV...................................................................................................3
1.2. Area of Impact..........................................................................................................3
1.3. Types of Values........................................................................................................4
1.4. Stakeholders’ Expectations and Metric....................................................................4
1.5. Set Timeframe for MOV..........................................................................................5
1.6. Summary of the MOV..............................................................................................5
Part Two...............................................................................................................................6
2.1. Definition of Scope...................................................................................................6
2.2. List of Resources in the Project................................................................................6
Part Three: Work Breakdown Structure..............................................................................7
3.1. Work Breakdown Structure for MBFSA..................................................................7
3.2. Deliverable and Milestone........................................................................................7
3.3. Resource Assignment.............................................................................................10
3.4. Project Budget........................................................................................................11
Part Four............................................................................................................................13
4.1. Project Assumptions...............................................................................................13

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4.2. Risk Identification Framework...............................................................................13
4.3. Risk Ownership Strategy........................................................................................13
Part Five.............................................................................................................................14
5.1. Team’s Philosophy and objective...........................................................................14
5.2. Verification Activities............................................................................................14
5.3. Validation Activities...............................................................................................15
Part Six...............................................................................................................................15
6.1. Project Closure Checklist.......................................................................................15
6.2. Evaluation of Project MOV....................................................................................15
References..........................................................................................................................17
Appendix............................................................................................................................18
Annotated Bibliography.................................................................................................18

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Project Name: Mobile Based Farmer Support Application (MBFSA)
Overview
An application will be developed as a part of the project, which will enable the farmers to
plan their crops. Globex Precision Farming solution is known to assists farmers in effective crop
growing. With the project completion, the farmers and the wholesalers will be capable to predict
the crops that will yield maximum profits.
Description
The project will be implemented by Virtcuon who is a client of Globex. The project will
be delivered by Virtucon as the Virtucon team is generally familiar with the different fact finding
techniques. The project will be delivered within 6 months and the prototype for the project will
be delivered within 2 months.
Part One: MOV- Measurable Organisational Value
1.1. Definition of MOV
The measurable organization value or MOV is defined as the project goal, which is used
to define the project’s value, that is being promised to the clients.
1.2. Area of Impact
Area of Impact Rank Effect
Strategy 3 Lack of strategic implementation of the project can
significantly delay the project
Customer 1 The customers will largely be benefited by the

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implementation of this project.
Financial 2 The correct implementation of the project will prove
to be one of major financial benefits of the project
Operational 4 The identified project is expected to improve the
operation
Social 5 The project will have social benefits as well.
1.3. Types of Values
With reference to the MBFSA project, two most critical values are needed to be
identified. The two values that is linked with MBFSA project are Better, Cheaper. The system
that will be implemented for the project is expected to improve the crop growth. Furthermore,
the system will be implemented in as much less cost, as possible
1.4. Stakeholders’ Expectations and Metric
Stakeholder Expectations Target (time frame of fulfilling
the expectations)
Globex Will provide detailed project
requirement
1 week
Virtucon Will provide the detailed project
plan
2 weeks
Farmers Will approve the prototype 1 week after prototype release
Government Will provide necessary project
details
Till the completion of the project
Wholesalers Will approve the prototype Within 1 week of prototype

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release
The metric that is set for this project is related to the implementation time or the time in
which these metrics will be achieved.
1.5. Set Timeframe for MOV
The Timeline in which the MOV will be achieved is indicated in the following figure-
Figure 1: The MOV Timeframe
1.6. Summary of the MOV
MOV Description
Overview and Description The idea and the rationale behind the project execution
is discussed
Impact Area The major impact areas are identified and ranked
Values Two significant project values are identified
Stakeholders expectations and Metrics The stakeholders’ expectations and the metrics are set
Timeline 6 months

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Part Two
2.1. Definition of Scope
The project’s scope is to deliver the MBFSA project within 6 months and deliver of a
prototype within 2 months. Scope definition is important to deliver an effective project plan
(Schwalbe, 2015).
In-scope-
 To deliver a prototype in 2 months To deliver a completed project within 6 months
Out scope-
 No maintenance of the project delivered
2.2. List of Resources in the Project
Figure 2: The Project Resources

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Part Three: Work Breakdown Structure
3.1. Work Breakdown Structure for MBFSA
Figure 3: The WBS
3.2. Deliverable and Milestone

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The deliverables and the milestone of the project are indicated as follows-

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Figure 4: Showing the Deliverables and Milestone
3.3. Resource Assignment
Figure 4: Representing the Resources Assigned

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Figure 5: Representing the Resource Overview
3.4. Project Budget
The budget estimated for the MBFSA project is illustrated as follows-