Project Proposal: Design and Implement E-Transaction System for Banks

This project proposal outlines the design and implementation of an e-transaction system for the banking industry. It begins by establishing the project's aims and objectives, differentiating between core and advanced goals. The proposal then delves into background research, supported by relevant literature, and describes the required resources and skills. An action plan, including a detailed Gantt chart, is presented to visualize the project's timeline. The proposal also identifies potential risks and analyzes them, followed by a discussion of legal, social, ethical, and professional considerations. The document incorporates citations and a bibliography to support the research and proposed methodologies, offering a comprehensive overview of the project's scope and execution.

Running head: PROJECT PROPOSAL
Project Proposal
Design and implementation of e-transaction system for the bank industry
Name of the Student:
Student ID:
Name of the University:
Author’s note:

1PROJECT PROPOSAL
Table of Contents
Section 1: Aims and Objectives.......................................................................................................2
Project Aims................................................................................................................................2
Core Objectives...........................................................................................................................3
Advanced Objectives...................................................................................................................3
Section 2: Background Research.....................................................................................................4
Section 3: Description of Resources and Skills...............................................................................5
Required Resources.....................................................................................................................5
Required Skills.............................................................................................................................6
Section 4: Action plan.....................................................................................................................6
Action Plan..................................................................................................................................6
Gantt chart...................................................................................................................................7
Section 5: Risks...............................................................................................................................8
Risk Identification.......................................................................................................................8
Risk Analysis...............................................................................................................................9
Section 6: Legal, Social, Ethical and Professional Issues...............................................................9
Bibliography..................................................................................................................................11

2PROJECT PROPOSAL
Section 1: Aims and Objectives
Project Aims
The following is a research proposal developed for the implication of the research project
for the implied and effective work alignment. The completion of the research would help in the
information processing for the formation of the improved information development. The aims of
the project include,
Development of documentation: the development of documentation of the project
proposal, plan, budget, and other tools of project management would help for execution of the
research project of Design and implementation of e-transaction system for the bank industry. The
step by step documentation not only helps progressing of the works, but also form the checking
and monitoring of the project works. Moreover, it can help in future projects and operations for
the organization.
Collection of the information: The information collection on the architectural home
designs have been supported by the usage of the authentic work alignment and listing of the
proper management works. The information collection on architectural work development would
be eased with the improved work development and management. The information collection
would support the utilization of the impactful work can be implied with the continuation of the
innovative alignment management.
Formation of strategies: the strategy would be formed for the deployment of the
innovative tools and techniques. The strategy would form the listing of the successful work
deployment. The strategy would be developed with the continuation of the implied work

3PROJECT PROPOSAL
management and development of the implied work development. The implication of the effective
strategies have listing would be formed with the innovative work alignment.
Core Objectives
The research project of Design and implementation of e-transaction system for the bank
industry would be deployed for the collection of the information on the topic using various
authentic resources and information. The core objectives of the research project are,
 Determination of the operational requirements and documentation for the project
execution and the alignment of the operational work completion
 Developing project plan for the execution would be aligned with the task
alignment and the utilization of iterative approach
 Develop functional and non-functional requirements for the deployment of the
effective alignment of the research project
 Development of the strategies for the improved work function alignment for the
utilization of designing and development
 Completion of the system development using innovative work alignment
management and technology development
Advanced Objectives
 To design the system using sustainable practices and work alignment for the
development of e-transaction system
 To perform testing and deploying effective interface management process for the
formation of the innovative functions

4PROJECT PROPOSAL
 Evaluation of the system developed for the bank industry to execute the e-
transactions of the customers and integrating the storage
 To store the information in a modified platform for accessing information from
the various location and providing it to the required
Section 2: Background Research
There are many studies and paper that helps in understanding the formation of the
effective list alignment and development. According to Ryan and Zhu (2018), the research
projects would be deployed for the collection of the information on the topic using various
authentic resources and information. It is very important for the execution of the innovative work
alignment. The development of the information would support the formation of the future
operations and functions. The analysis of the activities would be formed with the deployment of
the facilities and integration of the works (Wei, Shen, Chen and Chen 2017). The information
would be successfully developed with the implication of the innovative alignment of the works.
The information would be collected with the implication of the new strategies of the implied
management processing. The development would be implied for forming the deployment
management. The effective usage of the resources would encompass the formation of the system.
The non-tangible resources like internet connectivity, principles of the project management, and
online journals and articles would be the major factor for the continuation of the project works
(Mithani, Salsburg and Rao 2018). The humans would help in execution of the works like system
designing, developing, project planning, cost estimation, and other works like documentation.
The computer system would help in execution of all the major works related to the e-transaction
system for the bank industry. The alignment of the operations would imply the formation of the
successive formation of the improved innovation alignment. The principles of the project

5PROJECT PROPOSAL
management would be very helpful in the integration of the works and formation of the project
planning and estimation (Wang and Kogan 2018). The online journals and articles would support
the formation of the works for the project.
Section 3: Description of Resources and Skills
Required Resources
The required resources for the execution of the research project of Design and
implementation of e-transaction system for the bank industry can be divided into tangible and
non-tangible. The resources like human, computer system, hardware, and other papers would be
the tangible resources required for the execution of the project. The required resources would
support the documentation and the execution of the system development for the e-transaction
processes of the bank industry. The effective usage of the resources would encompass the
formation of the system. The non-tangible resources like internet connectivity, principles of the
project management, and online journals and articles would be the major factor for the
continuation of the project works. The humans would help in execution of the works like system
designing, developing, project planning, cost estimation, and other works like documentation.
The computer system would help in execution of all the major works related to the e-transaction
system for the bank industry. The facilities for the integration of the risk management would be
developed with the consideration of the improved facility management. The performance issues
and the alignment issues would result in forming successive management formation. The risk
formation would ensure the compilation of the management works so that the analysis would
comprehend the formation of the effective alignment management. The completion of the works
would include the significant formation of the integrated work alignment. The development of

6PROJECT PROPOSAL
the information would support the formation of the future operations and functions. The
completion of the research would help in the information processing for the formation of the
improved information development. The information would be successfully developed with the
implication of the innovative alignment of the works. The information would be collected with
the implication of the new strategies of the implied management processing. The alignment of
the operations would imply the formation of the successive formation of the improved
innovation alignment. The information listing management had employed the formation of the
innovative work alignment and management. The hardware and other papers would be used for
the respective works of the project and development of the e-transaction system for the bank
industry. The principles of the project management would be very helpful in the integration of
the works and formation of the project planning and estimation. The online journals and articles
would support the formation of the works for the project.
Required Skills
A number of skills would be required for the documentation of the operations for the
completion of the project works. The project would include the skills of programming,
planning, budgeting, documenting, analytics, and designing. The completion of the works
would include the significant formation of the integrated work alignment. The development of
the information would support the formation of the future operations and functions. The
completion of the research would help in the information processing for the formation of the
improved information development. The information would be successfully developed with the
implication of the innovative alignment of the works. The information would be collected with
the implication of the new strategies of the implied management processing.

7PROJECT PROPOSAL
Section 4: Action plan
Action Plan
The project action plan would include the planning, designing, developing, and
documenting the e-transaction system for the project of Design and implementation of e-
transaction system for the bank industry. The actions taken in the development of the system
were,
Topic Selection: The first aspect of the project is the selection of the topic for the study
and getting it approved from the lecturer ensuring that the topic selected can be agreed upon for
study
Information Gathering: Collection of the information for the development of the
innovative work alignment and management.
Implication of Project Management: Project management would help in the execution of
the works for the formation of the improved work consideration.
Utilization of Design Principles: Design principles would help in developing the design
for the e-transaction system for the bank industry
Execution of the Development: The system developed would be designed for the bank
industry and the users would be able to use it.
Well Structure Documentation: The documents would be developed for the project so
that the works can be tracked and monitored.
Gantt chart

8PROJECT PROPOSAL
The following is the Gantt chart for the project of Design and implementation of e-
transaction system for the bank industry,
ID Task
Mode
WBS Task Name Duration Start Finish Predecessors
0 0 Design and implementation of
e-transaction system for the bank
85 days Mon 04-02-19 Fri 31-05-19
1 1 Planning 24 days Mon 04-02-19 Thu 07-03-19
2 1.1 Requirements Analysis 3 days Mon 04-02-19 Wed 06-02-19
3 1.2 Design and Development 9 days Thu 07-02-19 Tue 19-02-19
4 1.2.1 Create Core Classes and Methods 3 days Thu 07-02-19 Mon 11-02-19 2
5 1.2.2 Implement Database and Database Class3 days Tue 12-02-19 Thu 14-02-19 4
6 1.2.3 Start Implementation of Controller Class3 days Fri 15-02-19 Tue 19-02-19 5
7 1.3 Testing 6 days Wed 20-02-19 Wed 27-02-19 6
8 1.4 Evaluation 6 days Thu 28-02-19 Thu 07-03-19 7
9 2 Operation 27 days Fri 08-03-19 Mon 15-04-19
10 2.1 Requirements Analysis 3 days Fri 08-03-19 Tue 12-03-19 8
11 2.2 Design and Development 12 days Wed 13-03-19 Thu 28-03-19
12 2.2.1 Implement Upload and Retrieval Functionality3 days Wed 13-03-19 Fri 15-03-19 10
13 2.2.2 Implement Document Generation
Functionality
3 days Mon 18-03-19 Wed 20-03-19 12
14 2.2.3 Referral System Implementation 3 days Thu 21-03-19 Mon 25-03-19 13
15 2.2.4 Complete Implementation of Controller Class3 days Tue 26-03-19 Thu 28-03-19 14
16 2.3 Testing 6 days Fri 29-03-19 Fri 05-04-19 15
17 2.4 Evaluation 6 days Mon 08-04-19 Mon 15-04-19 16
18 3 Testing 4 days Tue 16-04-19 Fri 19-04-19 17
19 4 Functional Testing 4 days Mon 22-04-19 Thu 25-04-19 18
20 5 Non-Functional Testing 4 days Fri 26-04-19 Wed 01-05-19 19
21 6 Usability Testing 4 days Thu 02-05-19 Tue 07-05-19 20
22 7 Final Implementation 10 days Wed 08-05-19 Tue 21-05-19 21
23 8 Technical Documentation 5 days Wed 22-05-19 Tue 28-05-19 22
24 9 User Documentation 3 days Wed 29-05-19 Fri 31-05-19 23
25 10 Project Closed 0 days Fri 31-05-19 Fri 31-05-19 24 31-05
01 06 11 16 21 26 03 08 13 18 23 28 02 07 12 17 22 27 02 07 12 17 22 27 01 06
February 2019 March 2019 April 2019 May 2019 June 2019
Section 5: Risks
Risk Identification
The identified risk factors for the project of Design and implementation of e-transaction
system for the bank industry include time restraints to implement key features, broad functional
requirements, use of immature technologies, personal shortfalls, and high level of technical
complexity. The identified risk factors would result in forming major uptake and formation of
the innovation management. The facilities for the integration of the risk management would be
developed with the consideration of the improved facility management. The performance issues
and the alignment issues would result in forming successive management formation. The risk
formation would ensure the compilation of the management works so that the analysis would
comprehend the formation of the effective alignment management. The information listing
management had employed the formation of the innovative work alignment and management.

9PROJECT PROPOSAL
The categorization of the issues and risks into the classifications of resource usage and
performance risks, scheduling and timing risks, requirement management risks, system
functionality risks, and personnel management risks. The completion of the risk identification
would be done for ensuring the formation of the utilization of the implied work formation. The
risk would be analyzed with the continuation of the improved analysis management.
Risk Analysis
Risk High level of
technical
complexity
Time restraints to
implement key
features.
Broad
functional
requirements
The use of
immature
technologies
Personal
Shortfalls
Categ
ory
Resource usage
and performance
risks
Scheduling and
timing risks
Requirement
management
risks
System
functionality
risks
Personnel
managemen
t risks
Likel
ihood
2 2 3 3 2
Cons
eque
nce
4 4 3 4 3
Score 8 8 9 12 6
Over
all
Risk
Medium Medium Medium High Medium
Section 6: Legal, Social, Ethical and Professional Issues
Category Issue Explanation
Legal Issues The legal issues of the system development issue include the
formation of the copyright and data protection infiltration issues.
These issues would be resulted by the formation of the data
alignment and formation for the information alignment. The transfer
of the information can result in forming the integration of the works.

10PROJECT PROPOSAL
The legal issues can be sorted out by the use of the innovative work
function alignment.
Social Issues The social issues of the data analysis factor would be listed by the
issues in the integrity, confidentiality, and accessibility issues for
the data integration. The new system modulation would ensure the
formation of the successive alignment of the works and its
formation. The implication would help them in forming the
management of the successive formation of the improved work
development.
Ethical Issues The expansion of the works would be formed with the continuation
and management of the data and information. However the issues of
attacks on the integrity, confidentiality, and accessibility for the
information would be supported by the formation of the innovative
alignment of the works. The ethical considerations of the innovative
work compilation.
Professional Issues The work completion issues would result in forming the major
alignment issues for the organization. The professional work c

11PROJECT PROPOSAL
Bibliography
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April. Transaction processing on confidential data using cipherbase. In Data Engineering
(ICDE), 2015 IEEE 31st International Conference on (pp. 435-446). IEEE.
Çetintemel, U., Abadi, D., Ahmad, Y., Balakrishnan, H., Balazinska, M., Cherniack, M., Hwang,
J.H., Madden, S., Maskey, A., Rasin, A. and Ryvkina, E., 2016. The aurora and borealis stream
processing engines. In Data Stream Management (pp. 337-359). Springer, Berlin, Heidelberg.
Ding, Z., Wei, Z. and Chen, H., 2017. A software cybernetics approach to self-tuning
performance of on-line transaction processing systems. Journal of Systems and Software, 124,
pp.247-259.
Kristensen, L.M., Taentzer, G. and Vaupel, S., 2017. Towards verification of connection-aware
transaction models for mobile applications. In Proceedings of the International Workshop on
Petri Nets and Software Engineering (PNSE 2017) (pp. 227-228).
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transaction. In Reliability, Infocom Technologies and Optimization (Trends and Future
Directions)(ICRITO), 2016 5th International Conference on (pp. 409-414). IEEE.
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big data computing. Software: Practice and Experience, 46(1), pp.79-105.