COIT20248 - Online Donation Platform Implementation: Project Report

This report provides a comprehensive analysis of implementing an online donation platform for the "Go Help Me" (GHE) charitable organization. It includes a cost-benefit analysis (CBA) detailing development costs, annual expenses, net benefits, discount factors, net present value, and cumulative NPV, with a payback period of 2.03 years. The project, initiated with a budget of $125,000 and an 8% discount rate, aims to reduce costs by $6,500 monthly, with maintenance costs estimated at $750 per month. The report also outlines a project schedule, including meeting with officials, defining requirements, deciding on a technical team, setting up technical components, project implementation, analysis study, and report preparation. The work breakdown structure (WBS) and project schedule are defined, emphasizing the importance of the schedule in communicating project completion and defining activities. The system's goal is to collect donations online, with technical implementation as a key requirement. Desklib offers a variety of study tools, including past papers and solved assignments, for students seeking assistance with similar projects.

Running head: IMPLEMENTATION OF AN ONLINE PLATFORM
Implementation of an Online Platform
Name of the Student
Name of the University
Author’s note

1IMPLEMENTATION OF AN ONLINE PLATFORM
Table of Contents
Project Cost Benefit Analysis..........................................................................................................2
Project Schedule..............................................................................................................................5
Bibliography....................................................................................................................................8

2IMPLEMENTATION OF AN ONLINE PLATFORM
Project Cost Benefit Analysis
RMO Cost/Benefit Analysis
Category Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Value of benefits $78,000 $78,000 $78,000 $78,000 $78,000
Development costs ($1,25,000)
Annual expenses ($9,000) ($9,000) ($9,000) ($9,000) ($9,000)
Net benefit/costs ($1,25,000) $69,000 $69,000 $69,000 $69,000 $69,000
Discount factor 1 0.9259 0.8573 0.7938 0.7350 0.6806
Net present value ($1,25,000) $63,889 $59,156 $54,774 $50,717 $46,960
Cumulative NPV ($1,25,000) ($61,111) ($1,955) $52,820 $1,03,537 $1,50,497
Payback period 2 years + 2.035686957
(Fig 1: Cost-Benefit Analysis)
(Source: Created by Author)
Cost-Benefit Analysis (CBA) could be defined as a form of systematic approach based on
the estimation of the weaknesses and strengths based on certain alternatives. It could be used for
the determination of certain options, which would be able to provide the best kind of approach
for achieving certain form of benefits while preservation of savings.

3IMPLEMENTATION OF AN ONLINE PLATFORM
RMO Cost/Benefit Analysis for CSMS
Year of Project
year 0 year1 year 2 year 3 year 4 year 5 TOTALS
Net economic benefit $0.00 $78,000.00 $78,000.00 $78,000.00 $78,000.00 $78,000.00
Discount Rate 8% 1 0.9259 0.8573 0.7938 0.7350 0.6806
PV Of Benefits $0.00 $72,222.22 $66,872.43 $61,918.91 $57,332.33 $53,085.49
NPV of all BENEFITS $0.00 $72,222.22 $1,39,094.65 $2,01,013.57 $2,58,345.89 $3,11,431.38 $9,82,107.71
One Time Costs $1,25,000.00
Recurring Costs $0.00 $9,000.00 $9,000.00 $9,000.00 $9,000.00 $9,000.00
Discount Rate 8% 1.0000 0.9259 0.8573 0.7938 0.7350 0.6806
PV Of Recurring Costs $0.00 $8,333.33 $7,716.05 $7,144.49 $6,615.27 $6,125.25
NPV Of All Costs $1,25,000.00 $1,33,333.33 $1,41,049.38 $1,48,193.87 $1,54,809.14 $1,60,934.39 $8,63,320.12
Overall NPV $1,18,787.59
Overall ROI = (Overall NPV / NPV Of All Costs 0.14
(Fig 2: Detailing of Project Cost-Benefit Analysis)
(Source: Created by Author)
Break-Even Analysis
Yearly NPV Cash Flow $0.00 $63,888.89 $59,156.38 $54,774.42 $50,717.06 $46,960.24
Overall NPV Cash Flow $15,81,000.00 ($61,111.11) ($1,954.73) $52,819.69 $1,03,536.75 $1,50,496.99
Project break-even occurs between years 2 and 3
Use 1st year of positive cash flow to calculate break-even fraction 2.0357
(Fig 3: Detailing of Break-Even Analysis)
(Source: Created by Author)
In the current system, we discuss about the project that is based on the implementation of
an online donation system for “Go Help Me” (GHE) charitable organisation. The chairperson of
the organisation has decided to initiate the project by initiating it with a budget of $125,000. The
project has a discount rate of 8%. There has been an estimation that the undergoing project
would be helpful in reducing costs by $6,500 on a monthly basis. The maintenance costs of the

4IMPLEMENTATION OF AN ONLINE PLATFORM
project would also be aimed at an estimation of $750 per month. This project has a payback
period, which could be defined as the length of time that would be required for recovering the
costs of the certain investment. In this project the payback period is set at 2.03 years. After this
period, there would be a recovery of the initial outlay in terms of savings or profits.

5IMPLEMENTATION OF AN ONLINE PLATFORM
Project Schedule
1 - Start
2 - Meeting with the top officials and setting of a plan
3 - Defining the requirements of Project Implementation
4 - Deciding the technical team
5 - Setting up of technical components and required arrangements
6 - Implementation of Project by Technical Team
7 - Analysis Study
7.1 - Analysis of the proper implementation of the project
7.2 - Conducting of test trails and gaining feedback
8 - Report Preparation
9 - Stop
(Fig 4: Work Breakdown Structure)
(Source: Created by Author)

6IMPLEMENTATION OF AN ONLINE PLATFORM
ID Outline
Number
Task
Mode
Task Name Duration Start Finish
0 0 Project on
Implementation
of Online
Platform
81 days Mon
24-12-18
Mon
15-04-19
1 1 Start 1 day Mon 24-12-18Mon 24-12-18
2 2 Meeting with
the top offi cials
and setting of a
plan
3 days Tue
25-12-18
Thu
27-12-18
3 3 Defining the
requirements of
Project
Implementation
10 days Fri 28-12-18 Thu
10-01-19
4 4 Deciding the
technical team
5 days Fri 11-01-19 Thu
17-01-19
5 5 Setting up of
technical
components and
required
arrangements
12 days Fri 18-01-19 Mon
04-02-19
6 6 Implementation
of Project by
Technical Team
32 days Tue
05-02-19
Wed
20-03-19
7 7 Analysis Study 13 days Thu 21-03-19Mon 08-04-19
10 8 Report
Preparation
5 days Tue
09-04-19
Mon
15-04-19
11 9 Stop 0 days Mon 15-04-19Mon 15-04-19 15-04
M S T T S F W M S T T S
17 Dec '18 14 Jan '19 11 Feb '19 11 Mar '19 08 Apr '19 06 May '19
(Fig 5: Project Schedule)
(Source: Created by Author)
The Work Breakdown Structure (WBS) could be defined as the core of planning of the
project. This could be used for dividing the project into several controllable elements. The
schedule of the project is an important part of a project. This would be able to communicate the
ways in which the project would be completed as per the defined schedule.
The Work Breakdown Structure and the Project Schedule could be defined as distinct
form of management tools. The project schedule is able to define the entire schedule of activities
and based on that the WBS is able to provide definitions to the entire activities.

7IMPLEMENTATION OF AN ONLINE PLATFORM
The goals of the system is based on implementing an online system that would be able to
collect donations on an online basis. The requirements of the project are a technical
implementation of an online website. Based on the definition of the project schedule and WBS,
the scope of the project is understood well. The project schedule is reasonable as it properly
defines the entire scheduled activities of the project fully. Based on the definition of the project
schedule, it is extremely useful for defining the future activities of the project.

8IMPLEMENTATION OF AN ONLINE PLATFORM
Bibliography
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
Lock, D., 2017. The essentials of project management. Routledge.
Mechler, R., 2016. Reviewing estimates of the economic efficiency of disaster risk management:
opportunities and limitations of using risk-based cost–benefit analysis. Natural Hazards, 81(3),
pp.2121-2147.
Nas, T.F., 2016. Cost-benefit analysis: Theory and application. Lexington Books.