Project: Online Stud Farm Management System Development

This project focuses on developing an online stud farm management system for Globex. It begins with defining the Measurable Organizational Value (MOV) by ranking the area of impact such as customer satisfaction, financial enhancement, social value, and operational activities. The project scope includes an online database management system, with a budget of $150,000 and a timeline of 130 days, focusing on enhancing efficiency and accuracy. The project outlines assumptions, constraints (time, budget, and risk), and a detailed scope management plan. A comprehensive resource plan details human and material resources, including their rates. The project is broken down into six phases: Development Planning, Development Initiation, Development Execution, Monitoring and Controlling, Training on the Application, and Closure. Each phase includes specific activities, milestones, and time estimations, with detailed budgets for each task. The project concludes with the system launch, documentation, and project sign-off, aiming to improve Globex's operational efficiency and financial output.

Student Name
ID Developing Online Stud
Farm Management
System

1. Part One
1. 1 MOV - Measurable Organisational Value
Ranking Area of Impact
1 Customer Satisfaction
2 Financial enhancement
3 Social value of the project will be high
4 Enhancement in the Operational activities
1.2 Project value
Following are the certain values of the project value:
Cheaper: the developed system will allow the organization to accomplish all the operational activities
Do more: Due to enhancement in the work load the clients need much better and sophisticated system
that can allow them to accomplish more operational activities through automating and delivering an efficient
and accurate results on the identified problems.
1.3 Comparison Metric and Time Frame
Rank Area of Impact Time Frame Metric
1 Customer
Satisfaction 30 days Enhance the satisfaction level
of the customers by 50%
2 Financial
enhancement 30 days Enhance the yearly revenue
by 20%
3 Social value of the
project will be high 30 days Socially attractive and
applicable for the individuals
4 Enhancement in the
Operational
activities
30 days Increasing the accuracy to
100% and reducing the
redundancy by 0%
2. Part Two:
2.1 Scope
The project will be delivered through concentrating on the following scope:
 Propose an online database management system that can boost the speed of the Globex and enhance
the accuracy level to 100%
 The budget of the project will be $ 1,50,00
 The timeline of the project will not exceed 130 days
 Deliver the project successfully
 Manage the constraints of the project
 Enhance the financial output of the Globex by 25%
 Migrate the data and information over the online database management system
 Share the loads of the employees and provide better consumer experience to the users

 Allow the organization to be more faster and cheaper for managing the operational activities
2.2 Out of Scope
 Conflict management
 compatibility within devices
 Vendors
2.3 Assumptions
 All the activities will be accomplished within the timeline
 Further changes will not affect the project constraints
 Stakeholders will approved the project proposals and drafts
 The proposed timeline will be followed strictly
 The budget of the resources will not increase throughout the project lifecycle
 Resources will make their complete contribution in the project
 Following risk strategies will manage the impact of the risks to the minimum level
2.4 Constraints
 Time: 123 days
 Budget: $ 138,200
 Impact of risk is minimized
 High quality deliverables can be expected
2.5 Scope Management Plan
 Minimizing the impact of the risks to the extent level
 Resources will be managed in an efficient and effective manner
 Monitoring and auditing will be proceeded
 Regular meeting and reports will be presented in every seven days of the project
2.6 Resource Plan
 Resources
Resource Name Std. Rate
Marketing and Commerce Manager $50.00/hr
Project Manager $65.00/hr
Technical Expert $50.00/hr
Technical Integration Specialist $30.00/hr
System Trainer $40.00/hr
Developer $35.00/hr
Data Management Officer $30.00/hr

IT Manager $30.00/hr
Project Supervisor $20.00/hr
Development Software $10,000.00
Hardware $5,000.00
Software $5,000.00
 Technology
Hardware Cables, storage devices, Computer systems, routers,
switches,
Software MS Office Suite, Database, My – SQL, software
Network Intranet, Internet
 Facilities
The basic needs of the project would be available throughout the project delivery as scheduled in the
following activities
3. Part Three:
3.1 Project Milestones
Task Name Start Finish Duration
Online Stud Farm Management System Mon 5/28/18 Wed 11/14/18 123 days
Phase 1: Development Planning Mon 5/28/18 Tue 7/24/18 42 days
M1: Completed Tue 7/24/18 Tue 7/24/18 0 days
Phase 2: Development initiation Wed 7/25/18 Tue 8/14/18 15 days
M2: completed Tue 8/14/18 Tue 8/14/18 0 days
Phase 3: Development Execution Fri 8/17/18 Wed 9/26/18 29 days
M3: completed Wed 9/26/18 Wed 9/26/18 0 days
Phase 4: Monitoring and controlling Thu 9/27/18 Wed 10/10/18 10 days
M4: completed Wed 10/10/18 Wed 10/10/18 0 days
Phase 5: Training on the application Thu 10/11/18 Fri 10/26/18 12 days

M5: Completed Fri 10/26/18 Fri 10/26/18 0 days
Phase 6: Closure of the project Mon 10/29/18 Wed 11/14/18 13 days
M6: Completed Wed 11/14/18 Wed 11/14/18 0 days
3.2 Project Activities
0 Online Stud Farm Management System
1 Phase 1: Development Planning
1.1 Communication with the stakeholders
1.2 Problem identification
1.3 Solution Proposition
1.4 Feasibility analysis of the proposed solution
1.5 Identifying resources
1.6 Analysing requirements
1.7 project draft and charter
1.8 Executives' approval
1.9 M1: Completed
2 Phase 2: Development initiation
2.1 WBS identification
2.2 Schedule preparation
2.3 Budget preparation
2.4 assigning responsibilities and roles to the stakeholders
2.5 M2: completed
3 Phase 3: Development Execution
3.1 Identification of Hardware
3.2 Identification of Software
3.3 IT infrastructure
3.4 Integration of Software in infrastructure

3.5 Assembling the resources for the project development
3.6 Designing User Interface designing
3.7 Integrating the functions within the system
3.8 Data migration over the online management system
3.9 M3: completed
4 Phase 4: Monitoring and controlling
4.1 Simulation testing
4.2 Black box ND White box testing
4.3 Getting feedbacks
4.4 M4: completed
5 Phase 5: Training on the application
5.1 Training venues
5.2 Evaluation of the knowledge acquired
5.3 Final live training
5.4 M5: Completed
6 Phase 6: Closure of the project
6.1 Launching the system
6.2 Documenting the project
6.3 Resources release
6.4 Sign-off of the project
6.5 M6: Completed
3.3 Project Resources
Human resources
Resource Name Std. Rate
Marketing and Commerce Manager $50.00/hr.
Project Manager $65.00/hr.
Technical Expert $50.00/hr.

Technical Integration Specialist $30.00/hr.
System Trainer $40.00/hr.
Developer $35.00/hr.
Data Management Officer $30.00/hr.
IT Manager $30.00/hr.
Project Supervisor $20.00/hr.
Material Resources
Resource Name Type Std. Rate
Development Software Material $10,000.00
Hardware Material $6,000.00
Software Material $5,000.00
3.4 Time Estimation
As per the planning, the expected time for the project delivery would be 123 days as described:
WBS Task Name Start Finish Duration
0 Online Stud Farm Management
System Mon 5/28/18 Wed 11/14/18 123 days
1 Phase 1: Development Planning Mon 5/28/18 Tue 7/24/18 42 days
1.1 Communication with the
stakeholders Mon 5/28/18 Fri 6/8/18 10 days
1.2 Problem identification Mon 6/11/18 Mon 6/18/18 6 days
1.3 Solution Proposition Tue 6/19/18 Wed 6/27/18 7 days
1.4 Feasibility analysis of the proposed
solution Thu 6/28/18 Tue 7/3/18 4 days
1.5 Identifying resources Wed 7/4/18 Tue 7/10/18 5 days
1.6 Analyzing requirements Wed 7/11/18 Mon 7/16/18 4 days
1.7 project draft and charter Tue 7/17/18 Thu 7/19/18 3 days
1.8 Executives' approval Fri 7/20/18 Tue 7/24/18 3 days
1.9 M1: Completed Tue 7/24/18 Tue 7/24/18 0 days
2 Phase 2: Development initiation Wed 7/25/18 Tue 8/14/18 15 days
2.1 WBS identification Wed 7/25/18 Mon 7/30/18 4 days
2.2 Schedule preparation Tue 7/31/18 Mon 8/6/18 5 days
2.3 Budget preparation Tue 8/7/18 Thu 8/9/18 3 days
2.4 assigning responsibilities and roles Fri 8/10/18 Tue 8/14/18 3 days

to the stakeholders
2.5 M2: completed Tue 8/14/18 Tue 8/14/18 0 days
3 Phase 3: Development Execution Fri 8/17/18 Wed 9/26/18 29 days
3.1 Identification of Hardware Fri 8/17/18 Tue 8/21/18 3 days
3.2 Identification of Software Wed 8/22/18 Mon 8/27/18 4 days
3.3 IT infrastructure Tue 8/28/18 Thu 8/30/18 3 days
3.4 Integration of Software in
infrastructure Fri 8/31/18 Wed 9/5/18 4 days
3.5 Assembling the resources for the
project development Thu 9/6/18 Mon 9/10/18 3 days
3.6 Designing User Interface designing Tue 9/11/18 Thu 9/13/18 3 days
3.7 Integrating the functions within the
system Fri 9/14/18 Wed 9/19/18 4 days
3.8 Data migration over the online
management system Thu 9/20/18 Wed 9/26/18 5 days
3.9 M3: completed Wed 9/26/18 Wed 9/26/18 0 days
4 Phase 4: Monitoring and controlling Thu 9/27/18 Wed 10/10/18 10 days
4.1 Simulation testing Thu 9/27/18 Mon 10/1/18 3 days
4.2 Black box and White box testing Tue 10/2/18 Wed 10/3/18 2 days
4.3 Getting feedbacks Thu 10/4/18 Wed 10/10/18 5 days
4.4 M4: completed Wed 10/10/18 Wed 10/10/18 0 days
5 Phase 5: Training on the application Thu 10/11/18 Fri 10/26/18 12 days
5.1 Training venues Thu 10/11/18 Mon 10/15/18 3 days
5.2 Evaluation of the knowledge
acquired Tue 10/16/18 Mon 10/22/18 5 days
5.3 Final live training Tue 10/23/18 Fri 10/26/18 4 days
5.4 M5: Completed Fri 10/26/18 Fri 10/26/18 0 days
6 Phase 6: Closure of the project Mon 10/29/18 Wed 11/14/18 13 days
6.1 Launching the system Mon 10/29/18 Wed 10/31/18 3 days
6.2 Documenting the project Thu 11/1/18 Tue 11/6/18 4 days
6.3 Resources release Wed 11/7/18 Fri 11/9/18 3 days
6.4 Sign-off of the project Mon 11/12/18 Wed 11/14/18 3 days
6.5 M6: Completed Wed 11/14/18 Wed 11/14/18 0 days

Figure 3: Time estimation
(Source: Created by Author)
3.5 Project Budget
Task Name Duration Predecesso
rs Start Finish Predecesso
rs Resource Names Cost
Online Stud Farm
Management
System
123
days
Mon
5/28/18
Wed
11/14/18 $138,200.00
Phase 1:
Development
Planning
42 days Mon
5/28/18
Tue
7/24/18 $25,440.00
Communication
with the stakeholders 10 days Mon
5/28/18
Fri
6/8/18 Project Manager $5,200.00
Problem
identification 6 days 2 Mon
6/11/18
Mon
6/18/18 2 Project Manager,
Technical Expert $5,520.00
Solution
Proposition 7 days 3 Tue
6/19/18
Wed
6/27/18 3 IT Manager,
Technical Expert $4,480.00

Feasibility
analysis of the
proposed solution
4 days 4 Thu
6/28/18
Tue
7/3/18 4 IT Manager $960.00
Identifying
resources 5 days 5 Wed
7/4/18
Tue
7/10/18 5 Project Manager,
IT Manager $3,800.00
Analyzing
requirements 4 days 6 Wed
7/11/18
Mon
7/16/18 6 Project Supervisor,
Project Manager $2,720.00
project draft and
charter 3 days 7 Tue
7/17/18
Thu
7/19/18 7 Technical Expert $1,200.00
Executives'
approval 3 days 8 Fri
7/20/18
Tue
7/24/18 8 Project Manager $1,560.00
M1: Completed 0 days 9 Tue
7/24/18
Tue
7/24/18 9 $0.00
Phase 2:
Development
initiation
15 days Wed
7/25/18
Tue
8/14/18 $9,200.00
WBS
identification 4 days 10 Wed
7/25/18
Mon
7/30/18 10 Project Supervisor $640.00
Schedule
preparation 5 days 12 Tue
7/31/18
Mon
8/6/18 12
Project Manager,
Project Supervisor,
Technical
Integration
Specialist
$4,600.00
Budget
preparation 3 days 13 Tue
8/7/18
Thu
8/9/18 13
Project Manager,
Project Supervisor,
Technical
Integration
Specialist
$2,760.00
assigning
responsibilities and
roles to the
stakeholders
3 days 14 Fri
8/10/18
Tue
8/14/18 14 Technical Expert $1,200.00
M2: completed 0 days 15 Tue
8/14/18
Tue
8/14/18 15 $0.00
Phase 3:
Development
Execution
29 days Fri
8/17/18
Wed
9/26/18 $58,720.00
Identification of
Hardware 3 days 16 Fri
8/17/18
Tue
8/21/18 16 IT Manager $720.00
Identification of
Software 4 days 18 Wed
8/22/18
Mon
8/27/18 18 IT Manager $960.00
IT infrastructure 3 days 19 Tue
8/28/18
Thu
8/30/18 19
Developer,
Hardware[1],
Technical
Integration
Specialist
$7,560.00
Integration of
Software in
infrastructure
4 days 20 Fri
8/31/18
Wed
9/5/18
20 Developer,
Technical
Integration
Specialist,
Development
Software[1], IT
$14,640.00

Manager,
Technical Expert
Assembling the
resources for the
project development
3 days 21 Thu
9/6/18
Mon
9/10/18 21
Developer,
Hardware[1],
Technical
Integration
Specialist, IT
Manager
$8,280.00
Designing User
Interface designing 3 days 22 Tue
9/11/18
Thu
9/13/18 22 Developer $840.00
Integrating the
functions within the
system
4 days 23 Fri
9/14/18
Wed
9/19/18 23
Developer,
Hardware[1],
Software[1]
$12,120.00
Data migration
over the online
management system
5 days 24 Thu
9/20/18
Wed
9/26/18 24
Developer, IT
Manager,
Hardware[1],
Software[1]
$13,600.00
M3: completed 0 days 25 Wed
9/26/18
Wed
9/26/18 25 $0.00
Phase 4: Monitoring
and controlling 10 days Thu
9/27/18
Wed
10/10/18 $34,000.00
Simulation testing 3 days 26 Thu
9/27/18
Mon
10/1/18 26
Development
Software[1],
Technical Expert
$11,200.00
Black box and
White box testing 2 days 28 Tue
10/2/18
Wed
10/3/18 28
Development
Software[1],
Technical Expert
$10,800.00
Getting feedbacks 5 days 29 Thu
10/4/18
Wed
10/10/18 29
Development
Software[1],
Technical Expert
$12,000.00
M4: completed 0 days 30 Wed
10/10/18
Wed
10/10/18 30 $0.00
Phase 5: Training
on the application 12 days Thu
10/11/18
Fri
10/26/18 $3,840.00
Training venues 3 days 31 Thu
10/11/18
Mon
10/15/18 31 System Trainer $960.00
Evaluation of the
knowledge acquired 5 days 33 Tue
10/16/18
Mon
10/22/18 33 System Trainer $1,600.00
Final live training 4 days 34 Tue
10/23/18
Fri
10/26/18 34 System Trainer $1,280.00
M5: Completed 0 days 35 Fri
10/26/18
Fri
10/26/18 35 $0.00
Phase 6: Closure of
the project 13 days Mon
10/29/18
Wed
11/14/18 $7,000.00
Launching the
system 3 days 36 Mon
10/29/18
Wed
10/31/18 36 IT Manager $720.00
Documenting the
project 4 days 38 Thu
11/1/18
Tue
11/6/18 38 Project Manager $2,080.00
Resources release 3 days 39 Wed
11/7/18
Fri
11/9/18
39 Project Supervisor,
Developer, IT
$4,200.00

Manager,
Technical Expert,
System Trainer
Sign-off of the
project 3 days 40 Mon
11/12/18
Wed
11/14/18 40 $0.00
M6: Completed 0 days 41 Wed
11/14/18
Wed
11/14/18 41
Data Management
Officer, Developer,
IT Manager,
Marketing and
Commerce
Manager, Project
Manager, Project
Supervisor, System
Trainer, Technical
Expert, Technical
Integration
Specialist
$0.00

Figure 4: Project budget
(Source: Created by Author)

3.6 Time Phase Budget
4 1 2 3 4
$0.00
$10,000.00
$20,000.00
$30,000.00
$40,000.00
$50,000.00
$60,000.00
$70,000.00
$0.00
$20,000.00
$40,000.00
$60,000.00
$80,000.00
$100,000.00
$120,000.00
$140,000.00
Cost Cumulative Cost
Figure 5: Time phase budget
(Source: Created by Author)
Name Remaining Cost Cost
Phase 1: Development Planning $25,440.00 $25,440.00
Phase 2: Development initiation $9,200.00 $9,200.00
Phase 3: Development Execution $36,720.00 $36,720.00
Phase 4: Monitoring and controlling $34,000.00 $34,000.00
Phase 5: Training on the application $3,840.00 $3,840.00
Phase 6: Closure of the project $7,000.00 $7,000.00
4. Part Four:
4.1 Assumptions
The assumptions are as follows:
 The proposed timeline will be followed strictly
 The budget of the resources will not increase throughout the project lifecycle

 Resources will make their complete contribution in the project
 Following risk strategies will manage the impact of the risks to the minimum level
4.2 Project Risk and Management Strategy
Risk
ID
Risk Impact Probability Rate
(out
of
500)
Assigned
To
Threat or
Opportunity
Response
Strategy
Probability
after
mitigating
Risk
s 1.0
Raise in the
budget
5 50% 500 Project
manager
Threat Using project
management
tools and
technique for
budget
estimation
2%
Risk
s 2.0
More time
taking for
delivering
than
expectation
s
4 40% 400 Project
engineer
Threat Using project
management
tools and
techniques for
schedule
estimation
10%
Risk
s 3.0
Resources
deficit
3 30% 300 Resource
manager
Threat Proper
resource
management
5%
Risk
s 4.0
Glitches and
bugs
4 40% 400 System
develope
r
Threat Proper testing
after
developing the
system
10%
Risk
s 5.0
Internal or
external
conflict
4 40 % 400 Project
manager
Threat Proper and
effective
communicatio
n
10%

5. Part Five:
5.1 Statement on Project Quality
 ISO 9001 standard should be followed
 Proposed time should be followed in strict manner
 Comply with the Service Level Agreements
 Previous learning should be implemented related to the same projects executed earlier
5.2 Set of Verification Activities
Verification Activity When?
Developed system After execution phase
Resource Quantity and quality During planning phase
Survey from consumers and customers After the development of system
Regular audit After execution till closure phase
5.3 Set of validation activities
6. Part Six:
6.1 Annotated Bibliography
Please see in Appendix
6.2 Closure Checklist
Closure checklist Checklist options
Project hand over Not done
Training to the employees done
Risks have been managed Not done
Project is change acceptable done
Testing completed done
Documents have been reviewed done
6.3 Project Evaluation
Evaluation Criteria Option
Testing the results Yes  No 
organizational operation feasibility Yes  No 
Project plan feasibility Yes  No 
Feasibility of design Yes  No 
Validation
Activity
When?
Simulation During execution phase
Testing After the development phase
ROI and NPV After executing the planning phase

Bibliography
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each other. Routledge.
Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management techniques. A theoretical
framework.
Journal of Risk Research,
18(2), 232-248.
Coombs, C.R., 2015. When planned IS/IT project benefits are not realized: a study of inhibitors and facilitators
to benefits realization.
International Journal of Project Management,
33(2), pp.363-379.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management
Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach. Routledge.
Heagney, J., 2016.
Fundamentals of project management. AMACOM Div American Mgmt Assn.
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Hornstein, H.A., 2015. The integration of project management and organizational change management is now a
necessity.
International Journal of Project Management,
33(2), pp.291-298.
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Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques for the practicing
project manager. John Wiley & Sons.
Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing structure and
flexibility.
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7(3), 251-269.
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Appendix 1: Annotated Bibliography
Article 1: Riol, H., & Thuillier, D. (2015). Project management for academic research projects: balancing
structure and flexibility.
International Journal of Project Organisation and Management,
7(3), 251-269.
Riol and Thuillier (2015) expressed how powerful and important is the project evaluation processes in
way to discharge the partners and assets from the ongoing project. Resources should be gone up against rent
and the human asset ought to be accessible to use the entrance of the assets at productive and output level.
The author clarified the need of the documentation and encounters, those should be consider for the future
undertaking project evaluation or project execution. In addition to this, they have clarified how imperative is
the releasing of the considerable number of administrators and chiefs in way to affirm that the parts and
obligations of the association have been expert and the conveyance of the project that has been done
according to the normal output. Likewise, they underlined on the initials made on the paper with respect to the
conveyance of the undertaking and guaranteeing that they have taken an interest on the delivery of the project
activities. They expressed that for the amendments or issues happening later in the project delivery on because
of the issues happening due to the issues and mistakes amid the project execution stage.
Article 2: Coombs, C. R. (2015). When planned IS/IT project benefits are not realized: a study of inhibitors and
facilitators to benefits realization.
International Journal of Project Management,
33(2), 363-379.
Coombs (2015), remarked that the project evaluation is one of the important factor that ought to
dependably be considered and aimed the project delivery, guaranteeing that the project has been conveyed
according to the standard and quality. The approved and initials on the paper are the impressive factors for the
conveyance of the project delivery and project evaluation. Project evaluation must be done before it is
authoritatively approved and closed down after the project closure phase. This is to guarantee that every one
of the project delivery and evaluation have been met the overall expectations with the project and have been
finished effectively. Another vital necessity of the project evaluation is to decide if the financial plan and as far
as possible have been satisfied or not and meeting the planning phases or not. The significant worry of the
author was on assuming the liability that needed to be considered by the heads and executives of the project
decisions about the conveyance of each imperative of the task related to the project.
Article 3: Cagliano, A. C., Grimaldi, S., & Rafele, C. (2015). Choosing project risk management techniques. A
theoretical framework.
Journal of Risk Research,
18(2), 232-248.
Cagliano, Grimaldi and Rafele (2015) composed a paper concentrating on the project evaluation
systems and what objective to be considered or what objective not to be considered while deploying the
activities for meeting the targets and extent of the task. They clarified the worry behind discharging the assets
and hand over the project evaluation. In addition to this, they clarified the need of the project evaluation on
the project evaluation that is a quantifiable perspective for the delivery of the successful project and
distinguishing how successful was the task delivery throughout the project lifecycle.
MS project
733802.mpp