Online Stud Farm Management System Project for Globex System

This project outlines the development of an Online Stud Farm Management System (OSFMS), focusing on Measurable Organizational Value (MOV) across strategy, customer relations, financials, operations, and social impact. The project scope includes document creation, system design, testing, user interface development, report generation, database development, mobile services, and financial support, while excluding training and support for project members. Assumptions cover project completion within six months and budget, with constraints identified as budget, time, and scope limitations. The scope management plan involves resource allocation and prototype testing, with a detailed resource plan outlining roles, technology, and facilities. Milestones are set for each project phase, and activities are estimated with assigned resources. Risk analysis identifies potential issues like resource shortages and budget overruns, with corresponding response strategies. The project emphasizes quality delivery, user testing, and continuous improvement through verification and validation activities, culminating in a closure checklist and project evaluation. The document also features an annotated bibliography and references for further research. Desklib provides access to this project and many other solved assignments.

Student
Name ID Assignment
Title: Online
Stud Farm
Management
System

Part One:
1.1 MOV - Measurable Organisational Value
The areas of impact are strategy, customer, financial, operational and social.
Rank the area of impact:
Area of Impact Rank (1 to 5)
Strategy: The project of Online Stud Farm Management System
(OSFMS) makes sure that different breeding services are
presented. All the implemented business approaches are
implemented to modify both the accuracy as well as efficiencies
of already existing manual system.
1
Customer: This online system has the client base from New South
Wales also rural areas of stud farms in Australia. For the better
development of this particular system, it has a strong relationship
with the Globex organization.
3
Financial: This particular system mainly consists of different
financial calculation of trial balance, ledger and also created a
marketing database which helps to integrate different processes
without any duplicity of entered data.
2
Operational: it has proper maintenance facility to do all related
operational activities of this particular proposed system. Hence,
the system will operate in successful manner.
3
Social: it have better social support in breeding farm which helps
to reduce all types of administrative errors.
2
• SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT
 Strategy is considered as ranked 1 area of impact.
 The two types of values with respect to the selected project :
 Better – The system will track all occurred costs in Globex and also generate
different financial reports along with BAS and GST submissions.
 Faster – The app features of the proposed system in easier and faster to note all
procedures occurred in office outside.
 Develop an appropriate metric –
Stakeholder list Stakeholder expectations
Project Manager Do the planning and tracking of updated project status
Financial Officer Accumulate the required project’s funds by doing proper
estimation of required project budget.
Developer Provide the option to do secured payments to all customers
Operational Manager Proper maintenance of proposed system along with storing
of all details in system data base.

 Determine the timeframe for achieving the MOV –
Area of impact Timeframe
Strategy 2 months
Customer 1 month
Financial 3 months
Operational 2 months
Social 1 month
Part Two:
Scope
 Creation of required documents based on project requirements
 Creation of design outline of OSFMS project
 Proper testing and implementation of proposed system
 Creation of better user interface
 Creation of all project reports
 System design documents review
 System database development
 Complete development of system
 Mobile services and financial support
 Providing required support within the warranty period of 6 months
Out of Scope
 Not providing of required training and support to the associated project members
 Increase the project members to fulfil all project requirements
Assumptions
 Completion of project plan within 6 months
 Completion of the implementation plan in the estimated budget
 Creation of faster and better system to record all required costs and expenses in Globex
 Providing of secured online payment option in the system
Constraints
 Budget Constraint: the project go beyond the estimated budget limit (Over-budget)
 Time constraints: the project not be able to complete within pre-determined time frame
 Scope constraints: the proposed project gets developed, implemented, tested and executed
successfully
Scope Management Plan
The concerned manager will create a proper scope management plan to employ extra resources for
this particular project like finance manager, operation manager, team leader so that the project gets
completed without any types of constraint. Before the implementation of whole project, a prototype

is created to be tested and executed maintaining all customer requirements and demands. It also
assists project manager to do proper allocation of work among the project team.
Resource Plan (from MS-Project)
 People (and their roles)-
Resource Name Standard rate
Project Manager $20.00/hr
Financial Officer $9.00/hr
Developer $7.00/hr
Operational Manager $6.00/hr
Project Planner $13.00/hr
Project Sponsor $18.00/hr
System Analyst $12.00/hr
Trainer $7.00/hr
IT Manager $10.00/hr
Tester $9.00/hr
Designer $14.00/hr
HR Manager $16.00/hr
Risk Manager $12.00/hr
Business Analyst $15.00/hr
IT Consultant $17.00/hr
 Technology -
Hardware Computer, LAN and RAM
Software programming platform & Operating system
Network TCP/IP network model & Intranet
 Facilities- Better wi-fi connection is available in the organization infrastructure which helps
the rapid development in project work.
 Other -
Travel Requirements Proper tickets, registered passport and
visa
Training Requirements System development and operation
training, IT training and understanding
of user manual.

Part Three:
 Milestones for each phase and deliverable
Milestone activities Expected start date
Get the initiation phase approved Thu 6/14/18
Get the planning phase approved Thu 8/2/18
Get the designing phase approved Thu 10/4/18
Get the developing and implementing phase approved Mon 11/19/18
Get the closing phase approved Tue 6/19/18
 Activities / Tasks
Figure 1: Project activities and duration

(Source: Created by author)
 Resource Assignments
Figure 12: Project resources
(Source: Created by author)

 Estimates for Each Activity / Task
Figure 3: Estimation of each project activities
(Source: Created by author)
Ms Project File:
2288687_774580706
_MsProject.mpp

Part Four:
 Assumptions -
 Providing of required support within team members to develop the proposed
OSFMS project.
 For the project plan, $41,640 budget required.
 6 months time is allotted to complete the whole project
 More user-friendly and easier to access the system
 Showing current location of horses for the charges in monthly basis
 Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the
management of each specific risk.
Risk
ID
Description Probability Impact Rate Assigned
To
Response
Strategy
Threat or
Opportunity
R1 Resource lack
age to
complete the
whole plan
70% 3 2.1 HR
Manager
Proper
implementa
tion of
selection
and
recruitment
process
done in the
organization
Threat
R2 Not having
proper system
design
90% 3 2.7 Operation
Manager
It always
required to
have a
better
designing of
system
based on all
system
requirement
Threat
R3 Proper
designing of
system not
done
50% 5 2.5 Designer All design
are required
to be done
based on all
project
requirement
Threat
R4 Project
functions
become out-
scope
60% 5 3 Project
Manager
Implementa
tion of
proper
scope
managemen
t plan
Opportunity
R5 Over-budget of
project
40% 1 4 Financial
Manager
A pre-
determined
budget plan
is required
Threat

Part Five:
 The short system mainly reflects the project objective to ensure the delivery of quality
system to client
 It has proper user testing of system which helps the users to proper use of system.
 It helps to conduct weekly meetings related to project difficulties and
improvements.
 Successful testing of system after the completion of development phase.
A set of verification activities
Verification Activity When?
Project Budget analysis Initiation phase
Project Outcomes testing Testing phase
Project Documents reviewing Planning phase
 A set of validation activities
Validation Activity When?
Project specifications Implementation phase
Review of code Testing phase
Training program Closure phase

Part Six:
Closure and Evaluation Researching for the closure checklist and project evaluation
a. Annotated bibliography-
Please refer to Appendix
b. Develop a closure checklist that the project team will use to ensure that the project has been
closed properly-
Closure checklist Checklist options
Has testing been completed? Yes
Have documents been reviewed and approved? Yes
Requirements Traceability Matrix been checked? No
All risks and issues closed Yes
Handover completed? No
Training completed? No
c. Develop a project evaluation-
Project evaluation criteria Evaluation options
Feasibility plan Yes  No 
Testing plan Yes  No 
Project progress Yes  No 

Part Seven: Bibliography
Andersen, E. (2016). Do project managers have different perspectives on project
management?.International Journal Of Project Management, 34(1), 58-65.
Dalcher, D. (2013). The IT Project Management Answer Book. Proj Mgmt Jrnl, 44(5), e1-e1.
Ellis, M. & Kell, B. (2014). Development, delivery and evaluation of a team building
project.Leadership In Health Services, 27(1), 51-66.
Furukawa, C. (2016). Dynamics of a critical problem-solving project team and creativity in a multiple-
project environment. Team Performance Management, 22(1/2), 92-110.
Gharaibeh, H. (2016). Project team learning in mega projects: are we truly learning the
lessons?.IJPOM, 8(1), 87.
Huemann, M. (2013). Excellent research to move project management forward. International
Journal Of Project Management, 31(1), 161-163.
Indelicato, G. (2016). Agile for Project Managers. Proj Mgmt Jrnl, 47(1), e4-e4.
Kissi, J., Dainty, A., & Tuuli, M. (2013). Examining the role of transformational leadership of portfolio
managers in project performance. International Journal Of Project Management, 31(4), 485-
497.
Kodukula, P. (2014). Enterprise Project Portfolio Management: Building Competencies for R&D and
IT Investment Success. Project Management Journal, 45(1), e1-e1.
Leybourne, S., Warburton, R., & Kanabar, V. (2014). Is project management the new management
2.0?.Organisational Project Management, 1(1), 16.
Lippe, S. & vom Brocke, J. (2016). Situational Project Management for Collaborative Research
Projects. Proj Mgmt Jrnl, 47(1), 76-96.
Mir, F. & Pinnington, A. (2014). Exploring the value of project management: Linking Project
Management Performance and Project Success. International Journal Of Project
Management,32(2), 202-217.
Randolph, S. (2014). Maximizing Project Value: A Project Manager's Guide. Project Management
Journal, 45(2), e2-e2.
Schwalbe, K. (2014). Information technology project management. Boston, MA: Course Technology.
Smith, M. (2012). Improving student engagement with employability: the project pitch
assessment.Planet, (26), 2-7.

Turner, R. (2012). International Journal of Project Management, Editorial January 2012. International
Journal Of Project Management, 30(1), 1.
Appendix
Annotated Bibliography-
Article1: “Braglia, M., & Frosolini, M. (2014). An integrated approach to implement project
management information systems within the extended enterprise. International Journal of Project
Management, 32(1), 18-29.”
This particular article mainly focussed on implemented project management technique for
information system. It is also based on different software application to track and record the project
work. Braglia and Frosolini (2014) in this particular article discussed that the project study is fully
based on proper framework, scheduling and the communication plan with different management
teams. It also identified that the project management goals was to boost the efficiency of system
with the proper project cycle development and tracking of all project management activities. It also
highlights about the different information systems available in market for the better evaluation
depending on project objectives and scope.
Article 2: “Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management
techniques. A theoretical framework. Journal of Risk Research, 18(2), 232-248.”
In this paper, it mainly discussed about the information system that maintained better project
quality to reduce both costs and time to handle all related project risks. However, the risk
management is needed to deal some challenges which system face at both implementation and
development stage. Furthermore, this particular article also focuses on the three dimensions
development like: project life cycle phase, risk management phase and dealing of risks with maturity
phase.
Article 3: “Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2), 291-298.”
Hornstein (2015) in this article mainly discussed about the analysis of different project management
stages by providing training to all related project manager so that the proposed system get
implemented. However, the project manager mainly focuses on different work of planning,
scheduling, monitoring, controlling as well as tracking of whole project so that it get completed on
pre-determined time frame. Apart from that, in this article it also discusses about the modifications
needed in organizational activities with the help of the implementation of proper information
system .