Operational and Project Management: Financial Analysis and Staffing

This document outlines a project management plan focusing on the development of a healthcare app. It includes a detailed staffing proposal, specifying roles, responsibilities, and time commitments for various team members, such as project managers, developers, designers, and consultants. A financial summary is provided, detailing initial investment costs and projected revenue over a five-year period. The financial analysis calculates the net present value (NPV) of the project, demonstrating its financial viability. The project aims to create an app that manages medical records, facilitates easy sharing with healthcare providers, and provides data for research. The assignment also references the project brief, discussing the mission statement, objectives, target market, personas, product backlog, and other relevant aspects of the project.

Running head: OPERATIONAL AND PROJECT MANAGEMENT
Operational and Project Management
Name of the Student:
Name of the University:
Authors Note:

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OPERATIONAL AND PROJECT MANAGEMENT
Contents
Proposed project staffing:................................................................................................................2
Financial Summary:.........................................................................................................................5
References:......................................................................................................................................9

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OPERATIONAL AND PROJECT MANAGEMENT
Proposed project staffing:
Role I/E Weeks Weekly
Commitme
nt
Unit
Manageme
nt
Primary Responsibilities
Project Manager I 10 100% PMO Ensuring proper
coordination between
resources and keep track of
the progress of the project.
Mobile Developer 1 I 12 100% IT division Core functionality
development of the project.
Mobile Developer 2 I 12 100% Outsource
division
Supporting the Developer 1
in core functionality
development.
Coding Developer I 10 100% IT division Developing perfect coding
language for the app.
Designer 1 I 8 50% IT division Designing an app as per the
customer specifications.
Designer 2 E 6 50% Outsource Supporting the core

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OPERATIONAL AND PROJECT MANAGEMENT
division designer.
Solution Architect
Consultant
E 4 40% Outsource
division
To help on development of
an effective business
strategy and provide
technical support.
User Experience
(UX) 1
I 12 80% IT division Design of the entire process
of integrating the App to
provide a smooth
experience to customers.
This includes usability and
function design.
User Experience
(UX) 2
E 10 60% Outsource
division
Give support to our UX in
the integration process.
Writing Developer I 12 60% IT division Documents writing for the
project.
Business Analyst I 12 80% PMO Understanding the
requirements of the
customer and ensuring that
the app contains the

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OPERATIONAL AND PROJECT MANAGEMENT
necessary specification of
the customers.
Procurement
Manager
I 10 80% PMO Take decision of
procurement as per the
requirements.
Security Consultant E 8 100% Outsource
division
Enhancing the security of
the app to minimize the risk
of unauthorised changes in
the app and protecting the
privacy of the customers.
Cloud Database
Expert
E 8 100% Outsource
division
Provide the best cloud
database for our needs and
integrate it to our core
system
Data Engineering E 4 60% Outsource
division
Database creation for the
future requirements.
Physician 1 I 10 100% PMO Provide medical
information that help the
scanning system recognizes

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OPERATIONAL AND PROJECT MANAGEMENT
accepted values.
Physician 2 I 12 100% PMO Provide medical
information that help the
scanning system recognizes
accepted values.
Pharmacist 1 I 12 100% PMO Provide drug information
and validate treatments
Quality Analyst E 6 60% Outsource
division
Continuous quality testing
to ensure that the app is
working effectively.
Financial Summary:
Initial investment
Particulars Amount ($)
Hardware server 140,000.00
Software development kit 20,000.00
Data security service costs 18,000.00
Developer 580,000.00

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OPERATIONAL AND PROJECT MANAGEMENT
Data base management costs 540,000.00
Designing cost 25,000.00
Other staff costs 860,000.00
2,183,000.00
Assuming that the project will have a useful life of 5 years and the following revenue and costs
shall be generated over the useful life of the project the calculation of net present value of the
project below shall be helpful in determining whether the project should be accepted or not
(Savvides, 2015).
Expected revenue and cost from the app over the life time of the asset
Year 1 2 3 4 5
(A): Revenue 1,250,000
.00
1,375,00
0.00
1,512,5
00.00
1,663,7
50.00
1,830,12
5.00
Operating costs
Data security service
costs
25,00
0.00
30,00
0.00
36,0
00.00
43,2
00.00
51,8
40.00
Data base management
costs
108,00
0.00
97,20
0.00
87,4
80.00
78,7
32.00
70,8
58.80
Staff costs 430,00 473,00 520,3 572,3 629,56

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OPERATIONAL AND PROJECT MANAGEMENT
0.00 0.00 00.00 30.00 3.00
(B): Total operating costs 563,00
0.00
600,20
0.00
643,7
80.00
694,2
62.00
752,26
1.80
Net cash inflow (A- B) 687,00
0.00
774,80
0.00
868,7
20.00
969,4
88.00
1,077,86
3.20
Present value factor
@10% pa 0.91 0.83 0.75 0.68 0.62
Present value of cash
inflow
624,54
5.45
640,33
0.58
652,6
82.19
662,1
73.35
669,26
8.24
Net present value of the project
Particulars Amount ($)
Present value of cash flow (total) 3,248,999.82
Less: initial investment 2,183,000.00
Net present value of the project 1,065,999.82
As the NPV of the project is $1,065,999.82 hence, the project should be accepted (Vesic-
Vasovic, Radojicic, Nesic & Mihailovic, 2014).

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OPERATIONAL AND PROJECT MANAGEMENT
Note: It has been assumed that the cost of capital is 10% per annum.

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OPERATIONAL AND PROJECT MANAGEMENT
References:
Savvides, S. (2015). Risk analysis in investment appraisal. Project Appraisal, 12(7), 3-18. doi:
10.1080/02688867.1994.9726923
Vesic-Vasovic, J., Radojicic, M., Nesic, Z., & Mihailovic, D. (2014). Possibility of choosing
development investment programs of a production company by applying discounted
investment appraisal technique. Journal Of Engineering Management And
Competitiveness, 4(1), 41-46. doi: 10.5937/jemc1401041v