Project Management Report: Online Stud Management System

This project report details the development of an online stud management system, outlining measurable organizational goals, scope management plans, and work breakdown structures. The report includes project milestones, activities, resource allocation, time estimations, and a detailed budget analysis. It also addresses project risk analysis, including potential threats and mitigation strategies, alongside a quality management plan to ensure successful project delivery. The document provides a comprehensive overview of the project's lifecycle, from initiation to closure, including an annotated bibliography and project evaluation methodologies. This student assignment, available on Desklib, offers a practical application of project management principles.

Running head: PROJECT MANAGEMENT
Project: Online Stud management system
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
Table of Contents
Overview....................................................................................................................................3
Part 1: Measurable organizational goal......................................................................................3
1.1 MOV summarization........................................................................................................3
Part 2: Scope management plan.................................................................................................5
2.1. Scope...............................................................................................................................5
2.2 Assumptions.....................................................................................................................5
2.3 Constraints........................................................................................................................6
2.4 Scope management plan...................................................................................................6
2.5 Resources.........................................................................................................................6
Part 3: Schedule and Work Breakdown Structure......................................................................8
3.1 Project Milestones............................................................................................................8
3.2 Project activities...............................................................................................................9
3.3 Project resources............................................................................................................10
3.4 Time estimation..............................................................................................................11
3.5 Project budget.................................................................................................................12
3.6 Time phase budget.........................................................................................................13
Part 4: Project risk analysis and plan.......................................................................................14
4.1 Assumption....................................................................................................................14
4.2 Project risks and management strategy..........................................................................14
Part 5: Quality management plan.............................................................................................17
5.1 Statement on project quality...........................................................................................17

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6. Closure and Evaluation........................................................................................................18
6.1 Annotated bibliography..................................................................................................18
6.2 Developing closure checklist.........................................................................................18
6.3 Develop project evaluation............................................................................................19
Bibliography.............................................................................................................................20
Appendices...............................................................................................................................22
Appendix 1: Annotated Bibliography..................................................................................22

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Overview
The report is concerned with the details of the Online Stud management system. The
Detailed analysis and the measurable goals of the organization is provided in this report. The
schedule and budget is also provided in this report.
Part 1: Measurable organizational goal
1.1 MOV summarization
Rank Factor Description Metrics Measurable
value
Time frame
1 Financial The invested
money on the
project
improves
organizationa
l operational
and
functions.
Profit
calculation
12%
increment
2 month
2 Customer More
number of
customers
will utilize
the online
system and
thus it helps
Feedback 12%
increment
1 months

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PROJECT MANAGEMENT
in attracting
more number
of customers.
3 Operational The
operations of
the
organization
will be
handled
effectively
due to
development
of online
management
system
Management
plan
7% decrease 2 months
4 Social The system
functions as
well as its
benefits will
be promoted
through
social media
Social sites 13%
increment
2 months
5 Strategy Effective
strategy of
project
Strategic
analysis
matrix
7%
increment
3months

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PROJECT MANAGEMENT
management
must be used
within the
project.
Part 2: Scope management plan
2.1. Scope
The in scope of the project includes
 Module improvement
 Development of prototype
 Making improvement for the new system
 Determining system requirements
 Development of superior interface
 Development of database
 Development of Book for stallion facility
 Breed registry development
 Development of general ledger and marketing database
 Stallion booking contract management
 Option of tracking costs
 Development of recording procedure
 Facility for reviewing history
 Customized communication option

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2.2 Assumptions
The assumptions that are made in the project are elaborated below:
 It is assumed that the entire management system will be developed in 76 days
 It is expected that the project will be finished within the budget 78,528
 It is assumed that the scope of the project will be following during the progress of
the project
2.3 Constraints
The constraints of the project include:
Time: The entire project needs to be finished with 78 days otherwise the budget of
the project will increase.
Scope: The scope of the project must be followed appropriately during the project
progress.
Budget: The project needs to be finished within 478,528 otherwise financial related
issues will occur within the organization Stud Farm.
2.4 Scope management plan
The scope of the project will be effectively managed by utilizing steps that includes:
Tracking scope creep: The changes that are needed must be effectively managed in
order to avoid scope creep within the project
Changes in project scope: The changes that are required in the project mainly helps
in enhancing project cost and thus in order to avoid any type of financial challenges, it is the
responsibility of the project manager to manage the cost of the project

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Understanding requirements of the project: In order to manage the project scope, it
is quite necessary to know the project requirements effectively.
2.5 Resources
People: The personnel who are involved in the project are listed below:
Resource Name Type Max. Units Std. Rate
Project manager Work 100% $ 35.00/hr.
Project planner Work 100% $ 30.00/hr.
Financial manager Work 100% $ 25.00/hr.
Developer Work 100% $ 30.00/hr.
System engineer Work 100% $ 30.00/hr.
Designer Work 100% $ 30.00/hr.
Tester Work 100% $ 27.00/hr.
System analyst Work 100% $ 37.00/hr.
Database administrator Work 100% $ 30.00/hr.
Human resource manager Work 100% $ 27.00/hr.
Risk analyst Work 100% $ 27.00/hr.
Programmer Work 100% $ 30.00/hr.
System administrator Work 100% $ 30.00/hr.
Software engineer Work 100% $ 31.00/hr.
Sponsor Work 100% $ 0.00/hr.
Technology: The technologies associated with project are listed below:
Hardware Processor, RAM, operating system

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PROJECT MANAGEMENT
Software Reporting tool, task scheduling, system
software
Network Application firewall
Facilities: Proper facility of medication must be present during system development
for the project team members.
Other: The resources that are needed include:
Travel requirements Proper travel facility is provided to the
project stakeholders.
Training requirements Training facility must be provided to the
team members of the project.
Part 3: Schedule and Work Breakdown Structure
3.1 Project Milestones
Task Name Finish
Milestone 1: Completion of project initiation phase Thu 17-05-18
Milestone 2: Completion of project planning phase Wed 06-06-18
Milestone 3: Completion of designing phase Wed 20-06-18
Milestone 4: Completion of development phase Tue 07-08-18
Milestone 5: Completion of testing phase Fri 17-08-18
Milestone 6: Completion of project closure phase Fri 24-08-18

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3.2 Project activities
Figure 1: Project activities
(Source: Created by Author)

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3.3 Project resources
Figure 2: Project resources
(Source: Created by Author)

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3.4 Time estimation
Figure 3: Time estimation
(Source: Created by Author)