ICT Project Management: Online Stud Farming Management System Project
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This project report details the ICT project management plan for the development and implementation of an Online Stud Farming Management System (OSFMS) for Globex Technologies. The report includes a comprehensive project overview, outlining the measurable organizational value (MOV) of the system, which encompasses customer, strategic, social, operational, and financial impacts. It details the project scope, including requirements, deliverables, and resources, alongside a Work Breakdown Structure (WBS) and project schedule visualized through a Gantt chart. The report also presents a thorough risk analysis, identifying potential threats and opportunities, and proposes mitigation strategies. A quality management plan is provided, addressing potential quality issues and outlining testing methodologies. The project aims to enhance business processes, improve efficiency, and provide competitive advantages for Globex Technologies, focusing on stakeholder engagement and achieving desired outcomes within specified timeframes and budgets.

Running head: ICT PROJECT MANAGEMENT
ICT Project Management
Name of the Student
Name of the University
Authors Note
ICT Project Management
Name of the Student
Name of the University
Authors Note
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1ICT PROJECT MANAGEMENT
Table of Contents
1.Project overview...........................................................................................................................2
2.0 Measurable organizational value (MOV)..................................................................................2
2.1 Desired area of Impact...........................................................................................................2
2.2 Value of the project plan........................................................................................................3
2.3 Stakeholder involved in the project plan...............................................................................3
2.4 Proper timeframe and metric.................................................................................................4
3. Scope management plan..............................................................................................................5
3.1 Detailed scope of the project.................................................................................................5
3.2 List of resources.....................................................................................................................7
4. Project schedule and WBS...........................................................................................................7
4.1 Project schedule.....................................................................................................................7
4.2 WBS.....................................................................................................................................11
4.3 Milestone of the Project plan...............................................................................................11
5. Project risk analysis and plan....................................................................................................12
5.1 Project assumptions.............................................................................................................12
5.2 Risk Assessment..................................................................................................................13
6. Quality management plan..........................................................................................................16
6.1 Quality issues.......................................................................................................................16
Bibliography..................................................................................................................................18
Appendices:...................................................................................................................................20
Appendix 1: Annotated Bibliography........................................................................................20
Appendix 2: Closure checklist...................................................................................................20
Appendix 3: Project evaluation.................................................................................................22
Table of Contents
1.Project overview...........................................................................................................................2
2.0 Measurable organizational value (MOV)..................................................................................2
2.1 Desired area of Impact...........................................................................................................2
2.2 Value of the project plan........................................................................................................3
2.3 Stakeholder involved in the project plan...............................................................................3
2.4 Proper timeframe and metric.................................................................................................4
3. Scope management plan..............................................................................................................5
3.1 Detailed scope of the project.................................................................................................5
3.2 List of resources.....................................................................................................................7
4. Project schedule and WBS...........................................................................................................7
4.1 Project schedule.....................................................................................................................7
4.2 WBS.....................................................................................................................................11
4.3 Milestone of the Project plan...............................................................................................11
5. Project risk analysis and plan....................................................................................................12
5.1 Project assumptions.............................................................................................................12
5.2 Risk Assessment..................................................................................................................13
6. Quality management plan..........................................................................................................16
6.1 Quality issues.......................................................................................................................16
Bibliography..................................................................................................................................18
Appendices:...................................................................................................................................20
Appendix 1: Annotated Bibliography........................................................................................20
Appendix 2: Closure checklist...................................................................................................20
Appendix 3: Project evaluation.................................................................................................22

2ICT PROJECT MANAGEMENT
1. Project overview
Businesses all over the world are improvising every day and they are experiencing dramatic
changes in technologies in recent times. The online advanced system is gradually rooting out the
age old process of conducting business. The recent technologies are providing competitive
advantages and profits and also aids in solving complicated problems and ideas. Globex
Technologies is one such multinational company that is aiming for implementing an advanced
technology that will assist the business. The main motive of the technology is to enhance the
existing business process. A team has been elected by Globex and the team will develop the
Online Stud farming Management System.
The project report will explain the assumptions and the risk assessment. The project plan will
illustrate the engagement of the project stakeholders for the project.
2.0 Measurable organizational value (MOV)
2.1 Desired area of Impact
OSFMS project’s desired area of impact consists of-
Customer: Globex can be knowledgeable about the issues which the customers, horse
owners of Globex face
Strategy: The online system can assist them to take strategical decisions.
Social: The employee staff and the customers, horse owners can stay interlinked with
each other and the OSFMS system can make it a possible one
1. Project overview
Businesses all over the world are improvising every day and they are experiencing dramatic
changes in technologies in recent times. The online advanced system is gradually rooting out the
age old process of conducting business. The recent technologies are providing competitive
advantages and profits and also aids in solving complicated problems and ideas. Globex
Technologies is one such multinational company that is aiming for implementing an advanced
technology that will assist the business. The main motive of the technology is to enhance the
existing business process. A team has been elected by Globex and the team will develop the
Online Stud farming Management System.
The project report will explain the assumptions and the risk assessment. The project plan will
illustrate the engagement of the project stakeholders for the project.
2.0 Measurable organizational value (MOV)
2.1 Desired area of Impact
OSFMS project’s desired area of impact consists of-
Customer: Globex can be knowledgeable about the issues which the customers, horse
owners of Globex face
Strategy: The online system can assist them to take strategical decisions.
Social: The employee staff and the customers, horse owners can stay interlinked with
each other and the OSFMS system can make it a possible one
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3ICT PROJECT MANAGEMENT
Operational: The system provides multiple facilities to the customers, horse owners and
the employees. The employee and the management staff can access the data online from
anywhere and any devices. The online system will aid them in storing, accessing and processing
of data
Financial: The online system will evaluate the financial data automatically
2.2 Value of the project plan
Project value plan comprises of -
Better: The online system has several benefits to offer. The OSFMS system comes with
enhanced security and privacy features which enable the employees and the customers, horse
owners to conduct the business with ease
Cheaper: The online OSFMS system provides the services at much cheaper rate. The
manual system involves hardware and the software resources, however, the new online system
will eliminate the use of several hardware as well as software resources
Faster: The online OSFMS system will diminish the response time between the
employees
2.3 Stakeholder involved in the project plan
OSFMS project comprises of the following stakeholders-
Operational: The system provides multiple facilities to the customers, horse owners and
the employees. The employee and the management staff can access the data online from
anywhere and any devices. The online system will aid them in storing, accessing and processing
of data
Financial: The online system will evaluate the financial data automatically
2.2 Value of the project plan
Project value plan comprises of -
Better: The online system has several benefits to offer. The OSFMS system comes with
enhanced security and privacy features which enable the employees and the customers, horse
owners to conduct the business with ease
Cheaper: The online OSFMS system provides the services at much cheaper rate. The
manual system involves hardware and the software resources, however, the new online system
will eliminate the use of several hardware as well as software resources
Faster: The online OSFMS system will diminish the response time between the
employees
2.3 Stakeholder involved in the project plan
OSFMS project comprises of the following stakeholders-
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4ICT PROJECT MANAGEMENT
Sponsored by
Project Sponsor
Analyse by
Marketing Manager,
Business Analyst
Performed by
Programmer,
Employees
Uses by
Customers, horse
owners and farmers
Interest
Power
2.4 Proper timeframe and metric
Rank Effect Metrics Timeframe
1 Operational The online system
assists in operational
activities of Gobex.
The OSFMS system is
can save lot of time.
Globex can perform
the business
operations in lesser
amount of time
4 months
2 Strategy The OSFMS online 3.5 months
Sponsored by
Project Sponsor
Analyse by
Marketing Manager,
Business Analyst
Performed by
Programmer,
Employees
Uses by
Customers, horse
owners and farmers
Interest
Power
2.4 Proper timeframe and metric
Rank Effect Metrics Timeframe
1 Operational The online system
assists in operational
activities of Gobex.
The OSFMS system is
can save lot of time.
Globex can perform
the business
operations in lesser
amount of time
4 months
2 Strategy The OSFMS online 3.5 months

5ICT PROJECT MANAGEMENT
system will help
Globex to take
effective decisions
3 Customer The online OSFMS
system will lessen the
response time
between the
customers, horse
owners and the
employee staff. In this
way they can serve
better customer
service to the
customers, horse
owners
2.5 months
4 Social OSFMS system also
facilitates socially.
The online system
assists the employees
and the customers,
horse owners so that
they can interact with
each other
3 months
system will help
Globex to take
effective decisions
3 Customer The online OSFMS
system will lessen the
response time
between the
customers, horse
owners and the
employee staff. In this
way they can serve
better customer
service to the
customers, horse
owners
2.5 months
4 Social OSFMS system also
facilitates socially.
The online system
assists the employees
and the customers,
horse owners so that
they can interact with
each other
3 months
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5. Financial The online OSFMS
system are capable of
evaluating the
financial data of the
employees and the
customers, horse
owners
4 months
3. Scope management plan
3.1 Detailed scope of the project
Detailed scope of the OSFMS project is-
Requirements: Globex has planned to install the OFSMS system and the system is going
to provide them all the data related to customers, horse owners and the employees.
In scope and out scope:
In scope: In-scope project involves the
The OSFMS system will help them in conducting business activities smoothly and in
flexible manner
The OSFMS system will help Globex to calculate the financial data
The online system will help them to keep track of the employees
The online system will help them to understand the behavior of customers, horse owners
and the farmers
5. Financial The online OSFMS
system are capable of
evaluating the
financial data of the
employees and the
customers, horse
owners
4 months
3. Scope management plan
3.1 Detailed scope of the project
Detailed scope of the OSFMS project is-
Requirements: Globex has planned to install the OFSMS system and the system is going
to provide them all the data related to customers, horse owners and the employees.
In scope and out scope:
In scope: In-scope project involves the
The OSFMS system will help them in conducting business activities smoothly and in
flexible manner
The OSFMS system will help Globex to calculate the financial data
The online system will help them to keep track of the employees
The online system will help them to understand the behavior of customers, horse owners
and the farmers
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7ICT PROJECT MANAGEMENT
Out scope: Out of scope of the OSFMS project contains-
The employees of the business are not expertised and they require training, training is
out-of-scope of project
The OSFMS online system requires maintenance and the maintenance scope is absent
Deliverables: OSFMS project contains the following deliverables-
The project will take days
The online OSFMS system will require budget of
The project plan will contain the all activities to be performed will be detailed
Scope verification procedure: The configuration of the system will assist them to
conduct the business faster. Globex can interact more with the customers, horse owners.
They can mitigate several problems related to the customers, horse owners, farmers and the
employees.
3.2 List of resources
The resources required for the project are-
Human resources: The project manager allocates resources for the project and they are –
project manager, marketing manager, programmer and the business analyst.
4. Project schedule and WBS
4.1 Project schedule
Task Name Duration Start Finish Predecessors Resource Names Cost
Online Stud farming
Management System
Online Booking Project
54 days Mon 21-
05-18
Thu 02-
08-18
₹ 13,920.00
Out scope: Out of scope of the OSFMS project contains-
The employees of the business are not expertised and they require training, training is
out-of-scope of project
The OSFMS online system requires maintenance and the maintenance scope is absent
Deliverables: OSFMS project contains the following deliverables-
The project will take days
The online OSFMS system will require budget of
The project plan will contain the all activities to be performed will be detailed
Scope verification procedure: The configuration of the system will assist them to
conduct the business faster. Globex can interact more with the customers, horse owners.
They can mitigate several problems related to the customers, horse owners, farmers and the
employees.
3.2 List of resources
The resources required for the project are-
Human resources: The project manager allocates resources for the project and they are –
project manager, marketing manager, programmer and the business analyst.
4. Project schedule and WBS
4.1 Project schedule
Task Name Duration Start Finish Predecessors Resource Names Cost
Online Stud farming
Management System
Online Booking Project
54 days Mon 21-
05-18
Thu 02-
08-18
₹ 13,920.00

8ICT PROJECT MANAGEMENT
Plan
Start Working on
System 13 days Mon 21-
05-18
Wed 06-
06-18 ₹ 4,560.00
Analysing the
Business Case 6 days Mon 21-
05-18
Mon 28-
05-18
Business
Analyst,Market
Manager
₹ 2,880.00
Project Charter
Initiation 7 days Tue 29-
05-18
Wed 06-
06-18 3 Project Manager ₹ 1,680.00
Milestone 1:
Completion of Phase 1
task initiation
0 days Wed 06-
06-18
Wed 06-
06-18 4 ₹ 0.00
Planning 41 days Thu 07-
06-18
Thu 02-
08-18 ₹ 9,360.00
Conducting Initial
Planning 13 days Thu 07-
06-18
Mon 25-
06-18 ₹ 3,120.00
Conducting
Project Schedule 6 days Thu 07-
06-18
Thu 14-
06-18 5 Project Manager ₹ 1,440.00
Conducting
Budget Schedule 7 days Fri 15-
06-18
Mon 25-
06-18 8 Project Manager ₹ 1,680.00
Milestone 2:
Completion of Initial
Planning
0 days Mon 25-
06-18
Mon 25-
06-18 9 ₹ 0.00
Conducting
Supplementary
Planning
28 days Tue 26-
06-18
Thu 02-
08-18 ₹ 6,240.00
Detailed Planning
for Quality
Management
5 days Tue 26-
06-18
Mon 02-
07-18 10 Project Manager ₹ 1,200.00
Detailed Planning
for Change
Management
6 days Tue 03-
07-18
Tue 10-
07-18 12 Project Manager ₹ 1,440.00
Detailed Planning
for Communication
Management
5 days Wed 11-
07-18
Tue 17-
07-18 13 Project Manager ₹ 1,200.00
OSFMS Software
Development 6 days Wed 18-
07-18
Wed 25-
07-18 14 Programmer ₹ 1,200.00
OSFMS Software
Testing 6 days Thu 26-
07-18
Thu 02-
08-18 15 Programmer ₹ 1,200.00
Milestone 3:
Completion of Project
Supplementary
Planning and OSFMS
System Implementation
Planning
0 days Thu 02-
08-18
Thu 02-
08-18 16 ₹ 0.00
Milestone 4: 0 days Thu 02- Thu 02- 17 ₹ 0.00
Plan
Start Working on
System 13 days Mon 21-
05-18
Wed 06-
06-18 ₹ 4,560.00
Analysing the
Business Case 6 days Mon 21-
05-18
Mon 28-
05-18
Business
Analyst,Market
Manager
₹ 2,880.00
Project Charter
Initiation 7 days Tue 29-
05-18
Wed 06-
06-18 3 Project Manager ₹ 1,680.00
Milestone 1:
Completion of Phase 1
task initiation
0 days Wed 06-
06-18
Wed 06-
06-18 4 ₹ 0.00
Planning 41 days Thu 07-
06-18
Thu 02-
08-18 ₹ 9,360.00
Conducting Initial
Planning 13 days Thu 07-
06-18
Mon 25-
06-18 ₹ 3,120.00
Conducting
Project Schedule 6 days Thu 07-
06-18
Thu 14-
06-18 5 Project Manager ₹ 1,440.00
Conducting
Budget Schedule 7 days Fri 15-
06-18
Mon 25-
06-18 8 Project Manager ₹ 1,680.00
Milestone 2:
Completion of Initial
Planning
0 days Mon 25-
06-18
Mon 25-
06-18 9 ₹ 0.00
Conducting
Supplementary
Planning
28 days Tue 26-
06-18
Thu 02-
08-18 ₹ 6,240.00
Detailed Planning
for Quality
Management
5 days Tue 26-
06-18
Mon 02-
07-18 10 Project Manager ₹ 1,200.00
Detailed Planning
for Change
Management
6 days Tue 03-
07-18
Tue 10-
07-18 12 Project Manager ₹ 1,440.00
Detailed Planning
for Communication
Management
5 days Wed 11-
07-18
Tue 17-
07-18 13 Project Manager ₹ 1,200.00
OSFMS Software
Development 6 days Wed 18-
07-18
Wed 25-
07-18 14 Programmer ₹ 1,200.00
OSFMS Software
Testing 6 days Thu 26-
07-18
Thu 02-
08-18 15 Programmer ₹ 1,200.00
Milestone 3:
Completion of Project
Supplementary
Planning and OSFMS
System Implementation
Planning
0 days Thu 02-
08-18
Thu 02-
08-18 16 ₹ 0.00
Milestone 4: 0 days Thu 02- Thu 02- 17 ₹ 0.00
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9ICT PROJECT MANAGEMENT
Completion of Planning 08-18 08-18
Completion of Planning 08-18 08-18
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Figure 1: Gantt chart
(Source: Created by author)
Figure 1: Gantt chart
(Source: Created by author)

11ICT PROJECT MANAGEMENT
4.2 WBS
Figure 2: Work Breakdown Structure
(Source: Created by author)
4.3 Milestone of the Project plan
Task Name Start
Online Stud farming Management System Online Booking
Project Plan Mon 21-05-18
Milestone 1: Completion of Phase 1 task initiation Wed 06-06-18
Milestone 2: Completion of Initial Planning Mon 25-06-18
Milestone 3: Completion of Project Supplementary Thu 02-08-18
4.2 WBS
Figure 2: Work Breakdown Structure
(Source: Created by author)
4.3 Milestone of the Project plan
Task Name Start
Online Stud farming Management System Online Booking
Project Plan Mon 21-05-18
Milestone 1: Completion of Phase 1 task initiation Wed 06-06-18
Milestone 2: Completion of Initial Planning Mon 25-06-18
Milestone 3: Completion of Project Supplementary Thu 02-08-18
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