You are to prepare and submit Assessment 3 as an individual , based on the Virtucon/Globex scenario, and your peer to peer learning from Assessment 2. This is NOT a team assessment . You are required...

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You are to prepare and submit Assessment 3 as an individual, based on the Virtucon/Globex scenario, and your peer to peer learning from Assessment 2. This isNOT a team assessment.
You are required to develop a acharter for the Project including:


Include the Project description and overview you developed as part of Assessment 2.



Part One:

MOV - Measurable Organisational Value
(This is the goal of the project and is utilised to define the value that your team project will bring to your client)
•Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
•With reference to your project, identify one or two of the following types of value:



  • Better - is improving quality important to your client?

  • Faster - does your client want to increase efficiency?

  • Cheaper - is cutting costs important?

  • Do more - does your client want to continue its growth?


•Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.
•Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric?
•SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE


(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).



Part Two:

Define Scope and produce a Scope Management Plan
Define the scope of the project and detail how the scope will be managed.
Provide a list of Resources
Identify and detail the resources for the project using MS Project where appropriate, including:



  • People (and their roles), plus any extra personnel that is required for the project.

  • Technology - any hardware, network and software needs to support the team and your client.

  • Facilities - where will most of the teamwork be situated?

  • Other - for example, travel, training etc.



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


    • This will tell everyone associated with the project that the phase or deliverable was completed satisfactorily.


  • Activities / Tasks


    • Define a set of activities / tasks that must be completed to produce each deliverable.


  • Resource Assignments


    • Assign people and resources to each individual activities.


  • Estimates for Each Activity / Task


    • Develop a time estimate for each task or activity to be completed.


  • Project Budget


    • Develop a budget using the time and resources estimated for each task or activity




A summary of the WBS should be clearly provided in the report. Your MS Project (or Project Libre) file must also be submitted for marking.



Part Four:


Project Risk Analysis and Plan



  • Document any assumptions you have made about the project

  • Using the Risk Identification Framework outlined in your text as a basis, identify five risks to the project – one for each of the five phases of the methodology.

  • Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk.



Part Five:


Quality Management Plan. It should include:



  • A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client.

  • Develop and describe the following that your project team could implement to ensure quality;


    • A set of verification activities

    • A set of validation activities





Part Six:





Closure and Evaluation


Researching for the closure checklist and project evaluation


a. To prepare for this task, you will be required to provide an annotated bibliography.(550 words)


Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.


You will submit this as an appendix to your project evaluation documentation.


Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University's requirements for academic integrity.


Use the following resource to guide you around the research tools:

http://student.csu.edu.au/__data/assets/pdf_file/0009/186444/annotate1.pdf


http://libguides.csu.edu.au/itc




b. Develop a closure checklist that the project team will use to ensure that the project has been closed properly.

















Student Id: >


student name: >


submitted to lecturer: Andrea muthu lakshmi






ITC505- Project Management


Table of Contents


ITC505- Project Management 1


1 MOV - Measurable Organisational Value (5 Marks) 3


2 Functional Scope Items. 5


3 Project Delivery Scope Items 5


4 Scope Management Plan. 5


5 People and their roles. 5


6 Technology (Hardware, Software and Network) 5


7 Facilities – where will the team be situated?. 6


8 Other Travel and Training Requirements. 6


9 High level Wok Breakdown Structure with Duration and Resource Assignment 7


10 Gantt Chart and Tracking Gantt 7


11 Milestones. 7


12 Resource Usage. 7


13 Project Budget 7


14 Assumption. 8


15 Risks. 8


16 Quality Statement 9


17 Verification Activities. 9


18 Validation Activities. 9


19
Annotated Bibliography. 10


20 Closure Checklist 10


21 Project – MOV Evaluation. 10






Part One – 15 Marks


1 MOV - Measurable Organisational Value (5 Marks)


Step 1: Identify the desired area of impact


Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
































Area of Impact




Rank (1 to 5)























Step 2: Identify Desired Value – Better / Faster / Cheaper / More



· Better - is improving quality important to your client?



  • Faster - does your client want to increase efficiency?

  • Cheaper - is cutting costs important?

  • Do more - does your client want to continue its growth?


Step 3: Identify the Metrics




  • Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.


Step 4: Identify the Timeframe



Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric?



Step 5: Agree with the sponsor



Step 6: Summairse in a clear concise statement



(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system)





Part Two: (10 Marks)
Scope (s) – 10 Marks


2 Functional Scope Items


> Include your assignment 2 in the list of references>>


3 Project Delivery Scope Items


· Requirements are gathered and documented


· Design and Develop ….


· Test and Implement ….


· Reports are implemented


· Support the system through warranty period of >



4 Scope Management Plan


5 People and their roles






































At the least 15 resources


































6 Technology (Hardware, Software and Network)


















Hardware





Software





Network






7 Facilities – where will the team be situated?


8 Other Travel and Training Requirements














Travel Requirements



·



Training Requirements



·




















Part Three: (15 Marks)


9 High level Wok Breakdown Structure with Duration and Resource Assignment


>


10 Gantt Chart and Tracking Gantt


>


11 Milestones


>


12 Resource Usage


>


13 Project Budget


>

















Part Four: (15 Marks)


14 Assumption



  • Assumptions - Document any assumptions you have made about the project (5 Marks)


· List at least 5


15 Risks



  • Using the Risk Identification Framework as a basis, identify five risks to the project –

  • Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk. (10 Marks)

  • List at least 5












































































Risk ID



Description



Probability



Impact



Rate



Assigned To



Response Strategy



Threat or Opportunity







Upto 99%



5 – for high


3 – for medium


1-for low


1-



Probability * Impact



Should be a role not a name



Mitigate or Accept or Transfer or Prevent


Describe it as well



























































































Part Five: (15 Marks)


16 Quality Statement



  • A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client. – 3 Marks


Try to deliver a zero-defect system


Refer to slide 9 or internet


17 Verification Activities



  • Develop and describe the following that your project team could implement to ensure quality;


    • A set of verification activities




































Verfication Activity




When?




























18 Validation Activities



  • A set of validation activities



































Validation Activity




When?



































Part Six: 550 words (10 Marks)





19
Annotated Bibliography


Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.


You will submit this as an appendix to your project evaluation documentation.


Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University's requirements for academic integrity.


Use the following resource to guide you around the research tools:
http://student.csu.edu.au/__data/assets/pdf_file/0009/186444/annotate1.pdf

http://libguides.csu.edu.au/itc



20 Closure Checklist


Develop a closure checklist that the project team will use to ensure that the project has been closed properly. –Refer also to chapter 12


 Has testing been completed?


 Have documents been reviewed and approved?


 Requirements Traceability Matrix been checked?


 All risks and issues closed


 Handover completed?


 Training completed?


21 Project – MOV Evaluation


Develop a project evaluation –outline and discuss how your project’s MOV will be evaluated.


Part Six: References (10 Marks)




You are to prepare and submit Assessment 3 as an individual, based on the Virtucon/Globex scenario, and your peer to peer learning from Assessment 2. This isNOT a team assessment.




You are required to develop a acharter for the Project including:


Include the Project description and overview you developed as part of Assessment 2.



Part One:

MOV - Measurable Organisational Value
(This is the goal of the project and is utilised to define the value that your team project will bring to your client)
•Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
•With reference to your project, identify one or two of the following types of value:



  • Better - is improving quality important to your client?

  • Faster - does your client want to increase efficiency?

  • Cheaper - is cutting costs important?

  • Do more - does your client want to continue its growth?


•Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.
•Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric?
•SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE


(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).



Part Two:

Define Scope and produce a Scope Management Plan
Define the scope of the project and detail how the scope will be managed.
Provide a list of Resources
Identify and detail the resources for the project using MS Project where appropriate, including:



  • People (and their roles), plus any extra personnel that is required for the project.

  • Technology - any hardware, network and software needs to support the team and your client.

  • Facilities - where will most of the teamwork be situated?

  • Other - for example, travel, training etc.



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


    • This will tell everyone associated with the project that the phase or deliverable was completed satisfactorily.


  • Activities / Tasks


    • Define a set of activities / tasks that must be completed to produce each deliverable.


  • Resource Assignments


    • Assign people and resources to each individual activities.


  • Estimates for Each Activity / Task


    • Develop a time estimate for each task or activity to be completed.


  • Project Budget


    • Develop a budget using the time and resources estimated for each task or activity




A summary of the WBS should be clearly provided in the report. Your MS Project (or Project Libre) file must also be submitted for marking.



Part Four:


Project Risk Analysis and Plan



  • Document any assumptions you have made about the project

  • Using the Risk Identification Framework outlined in your text as a basis, identify five risks to the project – one for each of the five phases of the methodology.

  • Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk.



Part Five:


Quality Management Plan. It should include:



  • A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client.

  • Develop and describe the following that your project team could implement to ensure quality;


    • A set of verification activities

    • A set of validation activities





Part Six:





Closure and Evaluation


Researching for the closure checklist and project evaluation


a. To prepare for this task, you will be required to provide an annotated bibliography.(550 words)


Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.


You will submit this as an appendix to your project evaluation documentation.


Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University's requirements for academic integrity.


Use the following resource to guide you around the research tools:

http://student.csu.edu.au/__data/assets/pdf_file/0009/186444/annotate1.pdf


http://libguides.csu.edu.au/itc




b. Develop a closure checklist that the project team will use to ensure that the project has been closed properly.

















Student Id: >


student name: >


submitted to lecturer: Andrea muthu lakshmi






ITC505- Project Management


Table of Contents


ITC505- Project Management 1


1 MOV - Measurable Organisational Value (5 Marks) 3


2 Functional Scope Items. 5


3 Project Delivery Scope Items 5


4 Scope Management Plan. 5


5 People and their roles. 5


6 Technology (Hardware, Software and Network) 5


7 Facilities – where will the team be situated?. 6


8 Other Travel and Training Requirements. 6


9 High level Wok Breakdown Structure with Duration and Resource Assignment 7


10 Gantt Chart and Tracking Gantt 7


11 Milestones. 7


12 Resource Usage. 7


13 Project Budget 7


14 Assumption. 8


15 Risks. 8


16 Quality Statement 9


17 Verification Activities. 9


18 Validation Activities. 9


19
Annotated Bibliography. 10


20 Closure Checklist 10


21 Project – MOV Evaluation. 10






Part One – 15 Marks


1 MOV - Measurable Organisational Value (5 Marks)


Step 1: Identify the desired area of impact


Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
































Area of Impact




Rank (1 to 5)























Step 2: Identify Desired Value – Better / Faster / Cheaper / More



· Better - is improving quality important to your client?



  • Faster - does your client want to increase efficiency?

  • Cheaper - is cutting costs important?

  • Do more - does your client want to continue its growth?


Step 3: Identify the Metrics




  • Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.


Step 4: Identify the Timeframe



Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric?



Step 5: Agree with the sponsor



Step 6: Summairse in a clear concise statement



(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system)





Part Two: (10 Marks)
Scope (s) – 10 Marks


2 Functional Scope Items


> Include your assignment 2 in the list of references>>


3 Project Delivery Scope Items


· Requirements are gathered and documented


· Design and Develop ….


· Test and Implement ….


· Reports are implemented


· Support the system through warranty period of >



4 Scope Management Plan


5 People and their roles






































At the least 15 resources


































6 Technology (Hardware, Software and Network)


















Hardware





Software





Network






7 Facilities – where will the team be situated?


8 Other Travel and Training Requirements














Travel Requirements



·



Training Requirements



·




















Part Three: (15 Marks)


9 High level Wok Breakdown Structure with Duration and Resource Assignment


>


10 Gantt Chart and Tracking Gantt


>


11 Milestones


>


12 Resource Usage


>


13 Project Budget


>

















Part Four: (15 Marks)


14 Assumption



  • Assumptions - Document any assumptions you have made about the project (5 Marks)


· List at least 5


15 Risks



  • Using the Risk Identification Framework as a basis, identify five risks to the project –

  • Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk. (10 Marks)

  • List at least 5












































































Risk ID



Description



Probability



Impact



Rate



Assigned To



Response Strategy



Threat or Opportunity







Upto 99%



5 – for high


3 – for medium


1-for low


1-



Probability * Impact



Should be a role not a name



Mitigate or Accept or Transfer or Prevent


Describe it as well



























































































Part Five: (15 Marks)


16 Quality Statement



  • A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client. – 3 Marks


Try to deliver a zero-defect system


Refer to slide 9 or internet


17 Verification Activities



  • Develop and describe the following that your project team could implement to ensure quality;


    • A set of verification activities




































Verfication Activity




When?




























18 Validation Activities



  • A set of validation activities



































Validation Activity




When?



































Part Six: 550 words (10 Marks)





19
Annotated Bibliography


Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.


You will submit this as an appendix to your project evaluation documentation.


Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University's requirements for academic integrity.


Use the following resource to guide you around the research tools:
http://student.csu.edu.au/__data/assets/pdf_file/0009/186444/annotate1.pdf

http://libguides.csu.edu.au/itc



20 Closure Checklist


Develop a closure checklist that the project team will use to ensure that the project has been closed properly. –Refer also to chapter 12


 Has testing been completed?


 Have documents been reviewed and approved?


 Requirements Traceability Matrix been checked?


 All risks and issues closed


 Handover completed?


 Training completed?


21 Project – MOV Evaluation


Develop a project evaluation –outline and discuss how your project’s MOV will be evaluated.


Part Six: References (10 Marks)




Answered Same DaySep 15, 2020ITC505Charles Sturt University

Answer To: You are to prepare and submit Assessment 3 as an individual , based on the Virtucon/Globex scenario,...

Ahmedali answered on Sep 22 2020
158 Votes
New Online Cash Marketplace Platform i-Crop
[Type the company name]
[Type the document title]
[Type the document subtitle]
[Pick the date]
Table of Contents
Part I    2
Impact area    2
Values    2
MOV Metrics    2
Timeframe    3
Summary    3
Part II    3
Project Scope    3
Scope Management Plan    3
List of Resources    3
Details of Resources    3
Part III    3
Project WBS    3

Project Schedule – Duration, Tasks, Budget and Resources.    4
PART IV    5
Assumptions    5
Risk Register    5
Part V    6
Quality Management Plan    6
Quality Statement    6
Verification and Validation related activities    7
Part VI    7
Annotated Bibliography    7
Closure Checklist    7
Project Evaluation Outline    7
References    9
Appendix    10
Annotated Bibliography    10
Part I
Impact area
    Area
    Rank
    Operational
    5
    Financial
    4
    Customer
    1
    Social
    2
    Strategy
    3
Values
A total of two kind of values shall be generated from the project:
· Better: Improvement in purchasing of grains as well as improved service and support.
· Faster: Processing and operational speed as well as response time.
MOV Metrics
    Stakeholders
    Target
    Value and Expectations
    Method for Evaluation
    Virtucon Project Team
    Positive feedback for the system
    At least a 9 and above rating out of 10
    Full 360-degree feedback
    Stakeholders are Globex
    Streamline of workflows and increase in revenues
    An increase of 35%
    Return on Investoment as well as Cost-to-benefit analysis
    i-Crop System users
    Better and faster user experience
    An increase of 45% better and faster user experience
    Sales records
Timeframe
The project is schedule to be complete in over 81 Days
Summary
The development, design and deployment of the said i-Crop system shall be done within 86 days so as to achieve the pre-determined profits and revenues and to increases to the exchange of goods and related products by 35% and 45%.
Part II
Project Scope
The overall scope for this project shall increase requirement analysis, feasibility study, system planning, change management, closure and deployment activities, system designing and integration.
The members within the project team shall not negotiate for services terms and agreement. This shall be completely managed at the end of organization and senior management.
Scope Management Plan
The project scope shall be managed with the help of PMBoK principles of project management. The management as well as the project board is supposed to execute all the reviews at appropriate intervals in order to cover the entire scope of the project. The changes, if any in the scope shall be confirmed only after going through Globex and if it requires any significant change in time and budget, then the same shall be provided.
List of Resources
Part III
Project WBS
The Work Breakdown Structure or WBS for i-Crop project is provided below. This WBS is primarily a hierarchical structure which consists of sub-packages as well as packages which needs to be involved within the project. Provided diagram below, is a three-level diagram. Apart from this, there are 5 packages that have been included in every single package.
Project Schedule – Duration, Tasks, Budget and Resources.
Overall estimated timeframe for the project is at eighty-six days. By then the project would have been completed and it would take over 5 phases. The resoruces that have been engaged with the project would try and perform various roles including Web Developer, Project Manager, Database, Web Designer and Business Analyst. There are various initial costs associated to so as to ensure the completion of all...
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