Project Management Report for Virtucon/Globex Scenario Analysis

This report analyzes a project management scenario involving Virtucon and Globex, focusing on the development of a RALS system. It begins with an introduction outlining the project's goals, which include improving business opportunities and managing volunteers for events. The report details the Measurable Organizational Value (MOV), including desired project impact, value proposition, stakeholder analysis, and development of a project timeframe and metrics. It also includes a scope management plan, resource allocation, project schedule with a Gantt chart, and a work breakdown structure. Furthermore, the report addresses project risk analysis, assumptions, and risk assessment, along with quality management planning. The conclusion summarizes the benefits of the RALS system, emphasizing its potential to provide competitive advantages and mitigate risks. The report also includes a bibliography of relevant sources.

Running head: PROJECT MANAGEMENT
Project Management: Virtucon/Globex scenario
Name of the student
Name of the university:

2PROJECT MANAGEMENT
Table of Contents
1. Introduction..................................................................................................................................3
2. Measurable organizational value (MOV)....................................................................................3
2.1 Desired area of project impact...............................................................................................3
2.2 Value of the project plan........................................................................................................4
2.3 The list of involves stakeholders...........................................................................................4
2.4 Development of proper timeframe and metrics.....................................................................5
3. Developing scope management plan...........................................................................................5
3.1 Detail scope of the project.....................................................................................................5
3.2 List of the resources...............................................................................................................6
4. Development of Project schedule and the Work Breakdown Structure......................................6
4.1 project schedule.....................................................................................................................6
4.2 Work Break down structure...................................................................................................6
5. Project risk analysis and planning...............................................................................................6
5.1 Project assumption.................................................................................................................6
5.2 Risk assessment.....................................................................................................................6
6. Quality management planning.....................................................................................................7
Conclusion.......................................................................................................................................7
Bibliography....................................................................................................................................9

3PROJECT MANAGEMENT
1. Introduction
This report depicts the importance of implementing automatic technique over manual
technique to improve the business opportunities of local business, farmers and the lifestyle
products. The company holds many volunteers and management of those volunteers are quite
difficult for every business organization however, in order to manage those information it is
necessary for the business organizations to adopt RALS project that helps to display different
types of events. RALS is a three day event arranged by the companies which display agricultural
events, local business and farmers as well in the lifestyle products management. In order to
develop the restoring system, volunteer efficiencies are required to be managed properly.
This report demonstrates the measurable organizational values (MOV) including the
scope management system, resource management, Gantt chart and milestones to provide quality
services to the consumers. It has been defined that the RALS event might face several challenges
during the project progress phase. However, in order to mitigate the identified risk it is very
much crucial to develop proper risk mitigation strategies and those are also illustrated in this
paper. In addition to the volunteer details the issue associated to manual ticket booking system
can also be completely changed after the adoption of new data management application
information system.
2. Measurable organizational value (MOV)
2.1 Desired area of project impact
Customer: The queries of the consumers could be resolved with this RALS restoring
project.

4PROJECT MANAGEMENT
Strategy: For information tracking and to access data regarding the volunteers this
system is helpful.
Financial: For providing profit to Globex the restoring system that will be developed are
financially helpful for the business provider and consumers as well.
Social: The communication approach among the service providers and the consumers get
enhanced with the help of this system.
Operational: The details of the consumers could be accessed easily after the
implementation of the system. It also reduces the time span for each activity and reduce the rate
of man made errors.
2.2 Value of the project plan
Better: A better service can be provided to the consumers
Cheaper: A cheaper service will be developed
Faster: The services become after the implementation of the system
2.3 The list of involves stakeholders
Long term Satisfaction
The CEO of Globex
Manage properly
Project team members
System monitoring
Volunteers of RALS
Frequently informed
Staffs those are engaged

5PROJECT MANAGEMENT
2.4 Development of proper timeframe and metrics
Ranking Role Metrics Time
1 Strategy Helps to
develop business
strategy
5 months
2 Operational Helps to
manage the business
operation
4 months
3 Financial Helps to
reduce 30% of
operational cost
3 Months
4 Social Helps to
improve the
interaction
2 months
5 Consumer Reduces the
time for response
1 month

6PROJECT MANAGEMENT
3. Developing scope management plan
3.1 Detail scope of the project
The scope of the project is to develop RALS system for the consumers to store
information regarding the volunteers involved with the system development project.
3.2 List of the resources
The technologies used for this project include: operating system, secured cloud based
server, secondary data storage and display adapter.
Resource
Name
Type
Materia
l Label
Initial
s
Grou
p
Max.
Units
Std.
Rate
Ovt.
Rate
Cost/
Use
Accrue
At
Base
Calenda
r
project
manager
Wor
k
p
100
%
$20.00/
hr
$0.00/
hr
$0.00
Prorate
d
Standar
d
finance
manager
Work f 100% $12.00/hr $0.00/hr $0.00 Prorated Standard
operational
manager
Work o 100% $10.00/hr $0.00/hr $0.00 Prorated Standard
application
programme
r
Work a 100% $18.00/hr $0.00/hr $0.00 Prorated Standard

7PROJECT MANAGEMENT
project
sponsors
Wor
k
p
100
%
$20.00/
hr
$0.00/
hr
$0.00
Prorate
d
Standar
d
4. Development of Project schedule and the Work Breakdown Structure
4.1 Project schedule
Task Name Duration Start Finish Predecessors Resource Names
Cost
Variance
Timeframe for
RALS system
40 days
Tue
9/26/17
Mon
11/20/17
$12,800.00
Initiation phase 30 days
Tue
9/26/17
Mon
11/6/17
$4,480.00
Project
conceptualization
4 days
Tue
9/26/17
Fri
9/29/17
finance manager $384.00
Development
of project charter
4 days
Mon
10/2/17
Thu
10/5/17
2 project manager $640.00
Identification
of business
requirement
4 days
Fri
10/6/17
Wed
10/11/17
3
application
programmer
$576.00
Project 3 days Thu Mon 4 project manager $480.00

8PROJECT MANAGEMENT
specification 10/12/17 10/16/17
Meeting with
the project team
members
3 days
Tue
10/17/17
Thu
10/19/17
5 project manager $480.00
Vendor
appointment
4 days
Thu
10/26/17
Tue
10/31/17
6,8 project manager $640.00
Budget
estimation
4 days
Fri
10/20/17
Wed
10/25/17
6 project sponsors $640.00
Time allocation 4 days
Wed
11/1/17
Mon
11/6/17
7 project sponsors $640.00
Milestone 1:
completion of
project planning
phase
0 days
Mon
11/6/17
Mon
11/6/17
9
application
programmer
$0.00
Project planning 14 days
Thu
10/26/17
Tue
11/14/17
$2,368.00
System
designing
3 days
Thu
10/26/17
Mon
10/30/17
8 finance manager $288.00

9PROJECT MANAGEMENT
Labor
management
3 days
Tue
11/7/17
Thu
11/9/17
9 project manager $480.00
Procedure
installation
improvement
4 days
Tue
11/7/17
Fri
11/10/17
10 project manager $640.00
Building
initiation system
3 days
Tue
10/31/17
Thu
11/2/17
12 project sponsors $480.00
Requirement
understanding
3 days
Fri
11/10/17
Tue
11/14/17
13 project manager $480.00
Milestone 2:
Completion of
project planning
phase
0 days
Fri
11/10/17
Fri
11/10/17
14
operational
manager, project
manager ,project
sponsors
$0.00
Project testing
phase
15 days
Tue
10/31/17
Mon
11/20/17
$4,800.00
Testing
initiation phase
4 days
Wed
11/15/17
Mon
11/20/17
16
finance manager,
project
manager ,project
sponsors
$1,664.00
Reviewing the 4 days Fri Wed 21 application $1,856.00

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testing phase 11/10/17 11/15/17
programmer ,proj
ect
manager ,project
sponsors
Field testing of
the prototype
4 days
Mon
11/6/17
Thu
11/9/17
22 project manager $640.00
Analyzing the
test result
4 days
Tue
10/31/17
Fri
11/3/17
23 project sponsors $640.00
Milestone 3:
Completion of
project testing
phase
0 days
Mon
10/30/17
Mon
10/30/17
24 project manager $0.00
Project closure
phase
10 days
Tue
10/17/17
Mon
10/30/17
$1,152.00
Stakeholder
signoff
3 days
Tue
10/17/17
Thu
10/19/17
5 finance manager $288.00
Post project
evaluation
3 days
Fri
10/20/17
Tue
10/24/17
25 finance manager $288.00

11PROJECT MANAGEMENT
Continuous
development plan
4 days
Wed
10/25/17
Mon
10/30/17
26
application
programmer
$576.00
Milestone 4:
Completion of
project closure
phase
0 days
Mon
10/30/17
Mon
10/30/17
27 project manager $0.00

12PROJECT MANAGEMENT
Figure 1: Gantt chart for RALSS project
(Source: Created by author)