Online Stud Farm Management System Project - Business Development
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AI Summary
This project is a comprehensive analysis and planning document for an online stud farm management system. It begins with an evaluation of the Measurable Organizational Value (MOV), assessing its impact on strategy, customer relations, finances, operations, and social aspects, and includes a concise MOV statement. The project then outlines the scope, detailing project requirements, design, testing, and implementation phases, including what is both in and out of scope, along with assumptions, constraints, and a scope management plan. A resource plan, detailing personnel, technology, and facilities, is also provided. Part three utilizes MS Project to develop a detailed schedule, including milestones, activities, resource assignments, and estimations. The project addresses potential risks, assigning them to team members and detailing response strategies. A team philosophy emphasizing user testing and weekly meetings is included, along with verification and validation activities. Finally, the project concludes with a closure checklist, project evaluation criteria, and an annotated bibliography of relevant research articles.

Student Name
ID Assignment Title:
Online Stud Farm
Management System
ID Assignment Title:
Online Stud Farm
Management System
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Part One:
1.1 MOV - Measurable Organisational Value
The areas of impact are strategy, customer, financial, operational and social.
Rank the area of impact:
Area of Impact Rank (1 to 5)
Strategy: The online stud farm management system ensures that
various breeding services are offered. The business strategies of
this system are to improve efficiency as well as accuracy of
manual system.
1
Customer: The online system has clients from New South Wales
and rural stud farms in Australia. Due to development of this
system, there is long standing relationship with the Globex.
3
Financial: The system consists of general ledger along with
marketing database so that one process can feed into other with
no chances of duplicity while entering the information.
2
Operational: There is proper maintenance of the operations of
the proposed system. The system should run properly.
3
Social: There is proper social support into the breeding farm so
that social support eliminates administrative errors.
2
• SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT
The area of impact which is ranked as 1 is strategy.
With reference to the project, the two types of values are:
Better – The proposed system tracks the costs along with expenses for Globex and
provides of financial reports including of submission of GST and BAS.
Faster – The mobile features of online stud farm management system is faster and
easier to record of procedures to horses out the office. It reviews the vet history for
the horses on the farm.
Develop an appropriate metric –
Stakeholder list Stakeholder expectations
Project Manager Plan the project and track the project status
Financial Officer Collect the fund for the project and estimate the total budget
required
Developer Providing of secured payments to the customers
Operational Manager Maintain the proposed system and store the details into the
system
Determine the timeframe for achieving the MOV –
Area of impact Timeframe
1.1 MOV - Measurable Organisational Value
The areas of impact are strategy, customer, financial, operational and social.
Rank the area of impact:
Area of Impact Rank (1 to 5)
Strategy: The online stud farm management system ensures that
various breeding services are offered. The business strategies of
this system are to improve efficiency as well as accuracy of
manual system.
1
Customer: The online system has clients from New South Wales
and rural stud farms in Australia. Due to development of this
system, there is long standing relationship with the Globex.
3
Financial: The system consists of general ledger along with
marketing database so that one process can feed into other with
no chances of duplicity while entering the information.
2
Operational: There is proper maintenance of the operations of
the proposed system. The system should run properly.
3
Social: There is proper social support into the breeding farm so
that social support eliminates administrative errors.
2
• SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT
The area of impact which is ranked as 1 is strategy.
With reference to the project, the two types of values are:
Better – The proposed system tracks the costs along with expenses for Globex and
provides of financial reports including of submission of GST and BAS.
Faster – The mobile features of online stud farm management system is faster and
easier to record of procedures to horses out the office. It reviews the vet history for
the horses on the farm.
Develop an appropriate metric –
Stakeholder list Stakeholder expectations
Project Manager Plan the project and track the project status
Financial Officer Collect the fund for the project and estimate the total budget
required
Developer Providing of secured payments to the customers
Operational Manager Maintain the proposed system and store the details into the
system
Determine the timeframe for achieving the MOV –
Area of impact Timeframe

Strategy 2 months
Customer 1 month
Financial 3 months
Operational 2 months
Social 1 month
Part Two:
Scope
Documentation of project requirements
Outline the design of stud farm management system
Test and implement the proposed system
Development of user interface
Prepare the project reports
Review the system design
Develop the system database
Completion of system development
Financial and mobile services
Support the system through warranty period of 6 months
Out of Scope
No trainings are provided to the project team members
Hiring of more project members based on requirements
Assumptions
Complete the project plan by 6 months
Complete the implementation plan within estimated budget
The system is faster and better to track the costs along with expenses for Globex
The system is secured to do online payment
Constraints
Budget constraints if the project is over budgeted such as if it exceeds the estimated limit
Time constraints if the project is able to finish within 6 months
Scope constraints if the proposed system is implemented, developed and tested accurately
Scope Management Plan
The project manager develops a scope management plan to hire of more resources for the project
such as operational and financial manager so that the project plan is succeed. A prototype is
designed before the system is tested and designed to ensure that the system should reach to
provide required services to the customers. The scope management plan also helps the project
manager to allocate the tasks to the project team members.
Customer 1 month
Financial 3 months
Operational 2 months
Social 1 month
Part Two:
Scope
Documentation of project requirements
Outline the design of stud farm management system
Test and implement the proposed system
Development of user interface
Prepare the project reports
Review the system design
Develop the system database
Completion of system development
Financial and mobile services
Support the system through warranty period of 6 months
Out of Scope
No trainings are provided to the project team members
Hiring of more project members based on requirements
Assumptions
Complete the project plan by 6 months
Complete the implementation plan within estimated budget
The system is faster and better to track the costs along with expenses for Globex
The system is secured to do online payment
Constraints
Budget constraints if the project is over budgeted such as if it exceeds the estimated limit
Time constraints if the project is able to finish within 6 months
Scope constraints if the proposed system is implemented, developed and tested accurately
Scope Management Plan
The project manager develops a scope management plan to hire of more resources for the project
such as operational and financial manager so that the project plan is succeed. A prototype is
designed before the system is tested and designed to ensure that the system should reach to
provide required services to the customers. The scope management plan also helps the project
manager to allocate the tasks to the project team members.
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Resource Plan (from MS-Project)
People (and their roles)-
Resource Name Standard rate
Project Manager $20.00/hr
Financial Officer $9.00/hr
Developer $7.00/hr
Operational Manager $6.00/hr
Project Planner $13.00/hr
Project Sponsor $18.00/hr
System Analyst $12.00/hr
Trainer $7.00/hr
IT Manager $10.00/hr
Tester $9.00/hr
Designer $14.00/hr
HR Manager $16.00/hr
Risk Manager $12.00/hr
Business Analyst $15.00/hr
IT Consultant $17.00/hr
Technology -
Hardware Computer, LAN and RAM
Software Operating system, programming platform
Network Intranet and TCP/IP network model
Facilities-
Most of the team work is suited onsite as proper WI-FI connectivity is present into the
organizational infrastructure so that it helps to develop the information system.
Other -
Travel Requirements Unexpired passport, visa and travelling
tickets
Training Requirements IT training, cultural training and system
development training
People (and their roles)-
Resource Name Standard rate
Project Manager $20.00/hr
Financial Officer $9.00/hr
Developer $7.00/hr
Operational Manager $6.00/hr
Project Planner $13.00/hr
Project Sponsor $18.00/hr
System Analyst $12.00/hr
Trainer $7.00/hr
IT Manager $10.00/hr
Tester $9.00/hr
Designer $14.00/hr
HR Manager $16.00/hr
Risk Manager $12.00/hr
Business Analyst $15.00/hr
IT Consultant $17.00/hr
Technology -
Hardware Computer, LAN and RAM
Software Operating system, programming platform
Network Intranet and TCP/IP network model
Facilities-
Most of the team work is suited onsite as proper WI-FI connectivity is present into the
organizational infrastructure so that it helps to develop the information system.
Other -
Travel Requirements Unexpired passport, visa and travelling
tickets
Training Requirements IT training, cultural training and system
development training
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Part Three:
Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It
should include:
Milestones for each phase and deliverable
Milestone activities Expected start date
Get the initiation phase approved Thu 6/14/18
Get the planning phase approved Thu 8/2/18
Get the designing phase approved Thu 10/4/18
Get the developing and implementing phase approved Mon 11/19/18
Get the closing phase approved Tue 6/19/18
Activities / Tasks
Figure 1: Project activities and duration
Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It
should include:
Milestones for each phase and deliverable
Milestone activities Expected start date
Get the initiation phase approved Thu 6/14/18
Get the planning phase approved Thu 8/2/18
Get the designing phase approved Thu 10/4/18
Get the developing and implementing phase approved Mon 11/19/18
Get the closing phase approved Tue 6/19/18
Activities / Tasks
Figure 1: Project activities and duration
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(Source: Created by author)
Resource Assignments
Figure 12: Project resources
(Source: Created by author)
Resource Assignments
Figure 12: Project resources
(Source: Created by author)
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Ms Project.mpp
Estimates for Each Activity / Task
Figure 3: Estimation of each project activities
(Source: Created by author)
Ms Project File:
Estimates for Each Activity / Task
Figure 3: Estimation of each project activities
(Source: Created by author)
Ms Project File:

Part Four:
Assumptions -
The project team members provide support to develop the online stud farm
management system.
$41,640 is required for the project plan.
Time period of 6 months are required to complete entire project work.
The system is user friendly and easier to use and access.
Monitor the location status of the horses to charge on monthly basis.
Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the
management of each specific risk.
Ris
k ID
Description Probability Impact Rate Assigned
To
Response
Strategy
Threat or
Opportunity
R1 There is lack of
resources to
complete the
plan.
70% 3 2.1 HR
Manager
There are
proper
implementa
tion of
recruitment
and
selection
processes
into the
organization
Threat
R2 There are
errors into the
system due to
improper
maintenance.
90% 3 2.7 Operation
Manager
There is
undertaking
of proper
testing plan.
Threat
R3 The design of
the system is
not done
properly.
50% 5 2.5 Designer There
should be
proper
design of
the system
as per
business
requirement
Threat
R4 The project
work becomes
out of scope.
60% 5 3 Project
Manager
Proper
scope
managemen
t plan is
implemente
d
Opportunity
R5 The project
goes out of
budget.
40% 1 4 Financial
Manager
Proper
budget plan
is required
Threat
Assumptions -
The project team members provide support to develop the online stud farm
management system.
$41,640 is required for the project plan.
Time period of 6 months are required to complete entire project work.
The system is user friendly and easier to use and access.
Monitor the location status of the horses to charge on monthly basis.
Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the
management of each specific risk.
Ris
k ID
Description Probability Impact Rate Assigned
To
Response
Strategy
Threat or
Opportunity
R1 There is lack of
resources to
complete the
plan.
70% 3 2.1 HR
Manager
There are
proper
implementa
tion of
recruitment
and
selection
processes
into the
organization
Threat
R2 There are
errors into the
system due to
improper
maintenance.
90% 3 2.7 Operation
Manager
There is
undertaking
of proper
testing plan.
Threat
R3 The design of
the system is
not done
properly.
50% 5 2.5 Designer There
should be
proper
design of
the system
as per
business
requirement
Threat
R4 The project
work becomes
out of scope.
60% 5 3 Project
Manager
Proper
scope
managemen
t plan is
implemente
d
Opportunity
R5 The project
goes out of
budget.
40% 1 4 Financial
Manager
Proper
budget plan
is required
Threat
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Part Five:
A short statement that reflects team’s philosophy or objective for ensuring to deliver a
quality system to the client
There is proper user testing of the system so that the system users can properly use
the system.
There is conducting of weekly project meetings to discuss the difficulties into the
system.
The system is tested successful after the development phase.
A set of verification activities
Verification Activity When?
Analyse of project budget Initiation phase
Test the project outcomes Testing phase
Review the project documents Planning phase
A set of validation activities
Validation Activity When?
Project specifications Implementation phase
Review of code Testing phase
Training program Closure phase
A short statement that reflects team’s philosophy or objective for ensuring to deliver a
quality system to the client
There is proper user testing of the system so that the system users can properly use
the system.
There is conducting of weekly project meetings to discuss the difficulties into the
system.
The system is tested successful after the development phase.
A set of verification activities
Verification Activity When?
Analyse of project budget Initiation phase
Test the project outcomes Testing phase
Review the project documents Planning phase
A set of validation activities
Validation Activity When?
Project specifications Implementation phase
Review of code Testing phase
Training program Closure phase

Part Six:
Closure and Evaluation Researching for the closure checklist and project evaluation
a. Annotated bibliography-
Please refer to Appendix
b. Develop a closure checklist that the project team will use to ensure that the project has been
closed properly-
Closure checklist Checklist options
Has testing been completed? Yes
Have documents been reviewed and approved? Yes
Requirements Traceability Matrix been checked? No
All risks and issues closed Yes
Handover completed? No
Training completed? No
c. Develop a project evaluation-
Project evaluation criteria Evaluation options
Feasibility plan Yes No
Testing plan Yes No
Project progress Yes No
Closure and Evaluation Researching for the closure checklist and project evaluation
a. Annotated bibliography-
Please refer to Appendix
b. Develop a closure checklist that the project team will use to ensure that the project has been
closed properly-
Closure checklist Checklist options
Has testing been completed? Yes
Have documents been reviewed and approved? Yes
Requirements Traceability Matrix been checked? No
All risks and issues closed Yes
Handover completed? No
Training completed? No
c. Develop a project evaluation-
Project evaluation criteria Evaluation options
Feasibility plan Yes No
Testing plan Yes No
Project progress Yes No
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