PROJ6000: Project Selection Methods and Initial Documents for Uber App

This report examines the application of project management principles to the development of Uber's NewDriver App. It begins by introducing the importance of project management in achieving business success, particularly within the context of e-commerce and m-commerce. The report highlights the critical role of PMBOK knowledge areas such as communication, quality, risk, scope, budget, and time management in mitigating risks and ensuring project success. It then delves into the impact of best practices in project management and the PMI code of ethics, emphasizing the importance of professionalism, honesty, and open communication. A significant portion of the report is dedicated to comparing and contrasting different project selection methods, including constrained optimization, economic models, payback period, cost-benefit analysis, scoring models, and discounted cash flow, with a recommendation for the payback period method for the UberNewDriver App. The report also outlines essential project management processes, such as project charter, project responsibilities, and project review, as well as risk management tools and techniques like risk registers, root cause analysis, variance and trend analysis, and risk audits. The conclusion summarizes the key findings, reinforcing the importance of effective project management, the selection of appropriate methods, and the use of risk management tools for the successful development and implementation of the UberNewDriver App.

Running head: PROJECT SELECTION METHOD
Project Selection Method and Initial Documents: UberNewDriver App
Name of the student:
Name of the university:

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Introduction
Nowadays technology has become one of the most challenging but effective approach
used for economic business success ad competitive advantages as well. With E-commerce
success M-commerce has also become a platform that leads any company to move towards
success lines. For this specific essay the project that has been nominated is Uber’s NewDriver
App. It is assumed that if all the functional and operational components are considered for this
project then the Uber drivers would definitely meet the business success (Kerzner & Kerzner,
2017). The operational challenge for the Uber drivers are actually occurring because of the
enhancing frequency of login, frequently increasing users and numbers of keywords.
In order to accomplish any project within estimated timeline and budget the PMBOK
knowledge areas that the project managers and the project team members require to monitor are
communication plan, quality management, risk management, scope, budget and time
management plan (Kaiser, El Arbi & Ahlemann, 2015). If each of these knowledge management
areas is properly followed then the Uber app will mitigate the potential risk factors. This essay
demonstrates the impact of project management knowledge area in business success, the
relevance impact of best project management practices and PMI code of ethics while developing
the app.
PMBOK knowledge area and process details
Impact of best practice in project management practices and PMI’s code of ethics
Based on the project objectives, aim and goals the project manager and project team
members are required to develop the project scope statement. This developed project scope

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statement must be shared successfully among the project team members to let them all aware
about the project requirements. In order to reduce the workload from the project team members
the large complex project should be divided into smaller activities. Based on skill sets and
knowledge individuals should be assigned to each of the project activities. It becomes the
responsibility of the project team members to accomplish the activities within the assigned
timeline and budget (Brioso, 2015). According to the PMI code of ethics the behavioral
approaches that have to be possessed by the project team members are professionalism and
honesty, each of the project team members are requires to be completely focused and
professional towards their assigned job roles.
The PMI knowledge areas those are to be analyzed while developing Uber NewDriver
Mobile app are advanced communication strategies, procurement planning, scope management,
risk management, budget management and time management plan. It is the role of the project
manager to ensure that all the associates are using open communication approach while
interacting to each other and even with the project manager (Karaman & Kurt, 2015). The
chances of risk occurrence will reduce if each of these components and factors are professionally
followed by the project team members and managers.
Comparison and contrast among different project selection methods:
Different types of project selection method are there used for successful implementation
of any project ad some of the project selection methods are elaborated in the below section:
Constrained optimization method: Generally, in order to accomplish large project this
specific project selection is used by the project managers. For measuring and calculating project
performance some formulae are used in this method. The different testing methods applied to

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measure the performance of any project are non linear programming, linear programming,
integer programming and multiple objectives programming.
Economic model: This method is not differs a lot from the cost benefit ratio. This
method calculates the difference between the total capital that has been invested and the revenue
that has been obtained from the project (Joslin & Müller, 2015). The amount of commercial
benefit can be calculated with the help of this method. Whether the UberNewDriver app is
performing successfully or not can be measured with the help of this specific formula.
Payback period: The payback period is referred to as one of the most essential method
needs to be used by the project managers to calculate the project success and project
performance. This method calculates the total time that will be required to regain the amount that
has been invested for the design and development of the project of new mobile application for
the Uber Drivers. This method mainly calculates the amount of Return on Investment (ROI).
Cost benefit analysis: The name cost benefit analysis itself defines that it is the ratio
between invested cost and time that helps to obtain commercial benefit (Tian, Sun Ye & Yang,
2016). This is one of the simple methods and with the help of this calculation the project
manager would be able to measure the return value assuming from the project success.
Scoring model: This model is used by the companies to compare status of its different
ongoing projects at a time. The stakeholders associated to any project are mostly prefers this
particular model.
Discounted cash flow: In order to calculate the yearly profit that can be generated from
any project the discounted cash flow model is used by the project managers. The NPV for any

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project can be measured with the help of this formula with an input of discount rate, time, cash
flow and initial investment.
Among these above mentioned project selection methods the UberNewDriver App
developers are needed to choose the payback period (Badewi, 2016). The payback period will let
the company measure the actual time that might be required to return the net cost invested by the
project sponsors to develop the project.
Project management process
Different project management processes are there and them the Driver app developers are
needed to choose the most suitable method for commercial success.
Project charter: The project charter is the basic draft submitted by the project team
members and approved by their project manager (Badewi, 2016). The project charter holds the
scope statement, aim, goal, objectives, timeline, milestone, budget and expected outcome from
the project.
Project responsibilities: For successful completion of the project the project manager
and the project team members are required to assign individual roles and responsibilities. After
measuring the skill set and knowledge of the project team members the responsibilities are to be
assigned for the project activities.
Project review: Project review is referred to as one of the most essential part of project
control and monitoring phase (McNeil, Frey & Embrechts, 2015). Whether the project is
progressing towards the expected direction or not is measured with the help of timely project

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review. The best suited reporting format can be used for the project is review of the project status
report.
Risk management tools and techniques
If all the project components are not properly managed and utilized accurately then it
may possible that major risks are arising in the project design and development phase. The tools
and techniques used for managing the potential project risks are as follows:
Risk register: Developing a risk register at the project initiation phase is referred to as
the best suited action for managing risk. The risk register defines the potential risks, its impact
and possibilities of occurrence. Based on the impact and probability the scores for each risks are
also assigned on a scoring scale of 1 and 25.
Root cause analysis: Root cause analysis is the other risk management method that is
widely used by the project managers while conducting any project. This technique helps to point
out the reasons for which a risk might occur in the business activities (Cagliano, Grimaldi &
Rafele, 2015). At the project initiation phase this types of analysis method are needed to be used
to identify possible roots for risks.
Variance and trend analysis: The variance and trend analysis identifies the variance
between the schedule and cost baseline to evaluate the actual cost (Joslin & Müller, 2015). If this
value increases then the chances of risk occurrence also increases which means that these two
factors are directly proportional to each other.

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Risk audit: After occurrence of a risk this specific tool is applied by the project managers
to measure the impact of this risk. Based on the complexity and negative impact each of the
identified risks are prioritized.

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Use of risk register is the best suited option for the Uber drivers to manage the project
management oriented risks completely.
Conclusion
The above discussion concludes that, with the increasing time the numbers of users for
Uber are increasing. The current report says that currently the numbers of available users for the
Uber are around 3 Million. If the project management practices are professionally managed with
PMI code of ethics then the project will definitely meet the expectation of the clients. The project
selection method that has to be chosen by the project manager while conducting the app
development project is payback period. It will help the project manager to identify the net time
within which the company would be able to get back all the net investment. The project
management process is also needed to be followed by the project managers. In addition to this, in
order to manage the risks the mist suitable technique and tool needs to be adopted by the project
executive is risk register.

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References
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
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Brioso, X. (2015). Integrating ISO 21500 guidance on project management, lean construction
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Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management
techniques. A theoretical framework. Journal of Risk Research, 18(2), 232-248.
Hornstein, H. A. (2015). The integration of project management and organizational change
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Joslin, R., & Müller, R. (2015). Relationships between a project management methodology and
project success in different project governance contexts. International Journal of Project
Management, 33(6), 1377-1392.

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