Key elements of the IT project management framework
The paper mainly reflects on the development stud farm management system for replacing the manual system that is utilized by the organization “Stud Farm”. It is found that due to the use of manual system, it became quite challenging for the organization to handle the operations of the business effectively. For resolving the issues, Globlex provided fund for developing new management system. The development of management system would be quite beneficial as the organization will be able to manage the operations of the organization quite effectively and the customers will get online breeding services.
In this project, project charter is created in order to reflect the development of online management system within the organization Stud farm. The paper focusses on measurable organizational values and identifies the impact that is created by the project on different areas. Proper schedule is prepared for the project in order to determine the budget and time needed for the project. Additionally, the paper also implements risk mitigation strategies for the risks that generally occurs within the project.
- Part One:
Area of Impact |
Rank (1 to 5) |
Operational |
1 |
Customer |
2 |
Financial |
3 |
Strategy |
4 |
Social |
5 |
The value that is delivered by the project are mainly elaborated below:
Better: The services that is provided to the customers of the organization are quite better as compared to the services that is delivered by the organization by utilizing the manual system. It is found that the customers can be able to get services of breeding and can pay for the services through their mobile.
Faster: the operation of the organization becomes faster and as a result, the response time between the customers, organization reduces, and as a result, the customers generally get response quite faster with the help of the new system.
Cheaper: The money that is required for the management of the organizational operation is quite less when the new system is used as the system itself handles the entire operation of the business and therefore the organization does not needs to hire employees for managing.
1.3 Appropriate metric
Rank |
Impact |
Metrics |
Timeframe |
1 |
Operational |
The efficiency of the organizational operation enhances by 20% and as result, the organization is able to response quite faster. |
2 months |
2 |
Customer |
Due to the advanced services, more number of customers get attracted and as a result, the customers of the organization rises by 10%. |
3 months |
3 |
Financial |
The organizational revenue also increases by 15% due to targeting large number of audience with the help of new system. |
3 months |
4 |
Strategy |
The organization utilizes different types of significant strategies that are helpful in successfully developing the project within the expected time. |
2 months |
5 |
Social |
The advantages as well as befits of the services delivered by the organization is promoted with the help of the social media. |
1 month |
- Designing the interface
- Developing database
- Facility of breed registry
- Developing facility of easy recording of process
- Breeding review process development
- Facility of customised communication
- Development of database for marketing
- Location facility development
- Development of contract management
- Option for tracking cost’
The out scope includes:
- The travelling cost is not included within this project
- The suppliers details are excluded from this project
The project assumptions are as follows:
- It is found that within 97 days the project will be finished
- It is expected that $85,440 will be enough for finishing the project.
- It is assumed that scope will be used while progressing from one phase to another.
The project constraints are as follows:
- It is found that within 97 days the project must be finished
- It is found that within $85,440 the development of the system must be finished.
- The scope must be used while progressing from one phase to another.
The project scope can be managed with the help of steps that are mainly explained below:
Understanding requirements: The manager of the project who are generally involved in the project must effectively understand the needs and demands of the project so that the scope of the project can be successfully managed within the entire lifecycle of the project.
Preventing scope creep: It is quite essential to analyze the signs of scope creep within the initial stages of the project so that they can be prevented within the initial stage. Thus, by preventing the chances of scope creep one can be able to manage the scope of the project quite effectively.
The role of IT project management in a professional workplace
Handling financial changes: The project manager must properly handle the financial changes that will occur within the project due to changes within scope of the project effectively.
- People
Resource Name |
Std. Rate |
Project sponsor |
$ 0.00/hr. |
Project planner |
$ 32.00/hr. |
Financial manager |
$ 29.00/hr. |
Project developer |
$ 33.00/hr. |
System engineer |
$ 32.00/hr. |
Designer |
$ 33.00/hr. |
Tester |
$ 25.00/hr. |
System analyst |
$ 26.00/hr. |
Database administrator |
$ 27.00/hr. |
Human resource manager |
$ 22.00/hr. |
Risk analyst |
$ 27.00/hr. |
Programmer |
$ 29.00/hr. |
System administrator |
$ 27.00/hr. |
Software engineer |
$ 26.00/hr. |
Project manager |
$ 40.00/hr. |
- Technology
Hardware |
Computer, hardware, desktop, RAM |
Software |
Operating system, Java and |
Network |
Server |
- Facilities
Proper facility of intranet as well as extranet infrastructure must be proved by integrating with the development of database for proper development of online management system.
- Other
Travel Requirements |
Additional money is provided to the employees who work overtime. |
Training Requirements |
Monthly training sessions are arranged for the employees of the organization. |
Milestone |
Completion date |
Milestone 1:Initiation phase completion |
Mon 28-05-18 |
Milestone 2:Planning phase completion |
Thu 07-06-18 |
Milestone 3: Designing phase completion |
Thu 21-06-18 |
Milestone 4: Completion of development phase |
Thu 30-08-18 |
Milestone 5: Completion of testing phase |
Fri 14-09-18 |
Milestone 6: Completion of monitoring and control phase |
Wed 26-09-18 |
Milestone 7: Completion of closure phase |
Mon 01-10-18 |
Figure 1: Project activities
(Source: Created by Author)
Figure 2: Project resources
(Source: Created by Author)
Figure 3: Time estimation
(Source: Created by Author)
Figure 4: Project budget
(Source: Created by Author)
Figure 5: Time-phase budget
(Source: Created by Author)
The project assumptions are as follows:
- It is found that within 97 days the project will be finished
- It is expected that $85,440 will be enough for finishing the project.
- It is assumed that scope will be used while progressing from one phase to another.
Risk ID |
Description |
Probability |
Impact |
Rate |
Assigned To |
Response Strategy |
Threat or Opportunity |
R1 |
Improper time management: The time of the project is not managed effectively then it will be quite challenging to finish the project within the expected time. |
80% |
4 |
320 |
Project manager |
The risk associated with time management can be mitigated by managing the project time effectively. |
Threat |
R2 |
Extending completion date: The project completion date is extended so that more functions can be incorporated within the system but it enhances cost of the project. |
85 |
4 |
360 |
Project planner |
The risk can be accepted, as it would be beneficial for the organization. |
Opportunity |
R3 |
Poor skilled workers: As the workers are poorly skilled, it is quite difficult to manage the work related with the project within the time that is expected. |
70 |
3 |
210 |
Human resource manager |
The risk can be prevented if skilled workers are hired for the project work. |
Threat |
R4 |
Poor quality materials: Due to poor quality of resources, the system that will be developed will lack quality and thus lot of issue can occur after development of the system. |
75 |
4 |
300 |
Quality analyst |
The risks can be mitigated by testing the materials before using them for the system development. |
Threat |
R5 |
Inappropriate training facility: Due to absence of proper facility the team members faces lot of difficulty in handling the work of the project. |
70 |
3 |
210 |
Hr. manager |
The risk can be mitigated by making proper arrangement of training for the employees of the organization. |
Threat |
R6 |
Improper design of the system: If the design that is made is not proper as per the objective of the organization then the organizational objective cannot be fulfilled. |
70 |
5 |
400 |
Technical expert |
The risk can be mitigated by hiring experienced system designer who can be able to design the system properly. |
Threat |
The project manager works effectively within the project for maintaining the quality of the system that is mainly developed by the organization “Stud Farm”. It is identified that for maintain the quality of the project, the project manager follows scope throughout the lifecycle of the project. In addition to this, the project manager takes number of steps for managing the project quality. The steps include:
- Weekly arrangement of meeting for focusing on the quality of the project
- Testing is conducted after the development phase of the system
- The resources that are used within the project must be checked with the help of the quality analyst
- A set of verification activities
Verification Activity |
When? |
Code review |
Code review is undertaken after coding is performed within the project. |
Verifying project test report |
Verification of project test report is conducted after the testing phase. |
Verifying documents |
This is done in the final stage of the project. |
- A set of validation activities
Validation Activity |
When? |
Checking needs of the customer |
The needs and demands of the customers must be checked after completion of the project. |
Software validation |
This is done after using the software within the development of the project. |
Automation script validation |
This is performed after the database for the system is developed. |
- Annotated bibliography
Refer to appendices
- Develop a closure checklist
Activities |
Status |
Is the testing phase completed |
Yes |
Does all documents are approved and reviewed? |
Yes |
Does the requirement traceability matrix is checked? |
No |
Is all issues closed? |
Yes |
Does project handover completed? |
No |
Is training completed |
Yes |
- Develop a project evaluation
The project evaluation plan as we the MOV is provided in the table below:
Objective |
Evaluation |
Quality |
Proper project quality is maintained within the lifecycle of the project as per the initial contract. |
Budget |
The budget get finished within the approved budget of the project. |
Scope |
Resources as well as cost must be included within the project. |
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