Implementation of MOV principle
Project Vision
The Globex organisation wants to change its traditional way of cattle inventory management system by the implementation of online mobile application for placing orders and payments by the customers worldwide. The transformation of business management and operational plan helps in improving the revenue collection and sale of the inventory.
Impact
The focus should be given on analysing the area of impact with the deployment of measureable organization value.
|
Area identified |
MOV Principle applied |
Rank and priority |
Result |
|
Operation |
Accuracy |
3 High |
Accomplishment of project goal and objectives |
|
Financial Status |
Correct estimation of project cost |
2 Medium |
Increasing number of project investors |
|
Customer |
Measuring expectation of customers in terms of security and confidentiality of information (Kaziliunas, 2012) |
4 Very high |
Security and confidentiality in the process of payment |
|
Strategy |
Cooperation and coordination in the working process |
1 Low |
Continuous improvement plan should be developed for incorporating the required changes |
|
Social Status |
Ethical behaviour Legal obligation |
3 High |
The ethical code of conduct should be followed by the working employees. The legal obligation should be considered during the designing of WBS (Monnappa, 2017) |
Cheaper: Overrunning of the cost can be minimised
Faster: Project is completed within the scheduled time
|
Stakeholder |
Expectation (Increase or Decrease in Monetary terms) |
|
Project Owner |
Decrease |
|
Project Manager |
Decrease |
|
Project Sponsor |
Decrease |
|
Resource Manager |
Increase |
|
Risks Manager |
Decrease |
|
Quality Manager |
Increase |
|
Financial Manager |
Decrease |
|
Designer |
Increase |
|
Analyst |
Increase |
|
Technician |
Increase |
The project activities should be completed within the specified time limit allocated to the project.
|
Particulars |
Description |
|
Scope |
Requirement plan Data collection and analysis Designing of the project Development of the risks identification process (Tonder and Bekker, 2014) Quality measurement plan Resource distribution Communication flow |
|
Resources |
Project Manager Project Sponsor Project Owner Quality manager Risks Manager Financial Manager Designer Analyst Technician |
|
Technology |
(.)Net framework 4.0 SQL server 2010 Android operating system |
|
Facilities |
Management of inventory Delivery of cattle 24 hours customer service centre Mobile application |
|
Training |
Operational performance of the employees can be improved by training program |
Assumption
- Clear identification of goal and objectives
- Correct estimation of cost associated with the completion of project activities
- Correct estimation of time associated with the completion of project activities
- Correct estimation of quality standard required for the online management activities of farm
- Easy handling of online project by having GUI environment
|
Risks Identification |
Risks Priority |
Risks Impact |
Risks Management |
|
Inclusion of new trends and technology |
High |
Medium |
Training program arranged for the employees |
|
Change in operational plan |
Medium |
High |
The operational capability of the employees can be enhanced by training and motivation (McDonald, Sundaram, Bravata,Lewis, and Lin, 2013) |
|
Employees resistance |
Low |
Low |
The grievance, complaints, and chaos should be undertaken and managed at top priority |
|
Technical Failure |
High |
High |
Alternative solution for managing communication and handling of data and information i.e. Backup database |
|
Legal and political risks |
Low |
Medium |
Legislation changes should be undertaken in the development of WBs |
|
Unclear goal and objectives |
Medium |
High |
The data collection and analysis should be systematically done for identifying the clear goal and objectives. |
The risks should be analysed for developing the effective risks management strategy so that the complexities of the project can be minimised. The parameters of risks likelihood, risks impact, risks rank, and risks severity should be measured for arranging the risk priority for handling it.
|
Quality Input |
Process |
Quality Output |
|
Specification report of requirement Specification report of data collection Report of resource management Report of communication management Report of test plan Report of customer vision, voice, and expectation Report of feedback and reviews |
Quality checklist Quality standards Quality controls Control chart Resource graph Cost overview graph |
Variation in the expectation and the output received Feedback and reviews on the developed project |
|
Verification process |
Validation process |
|
Interviews |
Reliability in the database for storing information (Devi and Reddy, 2012) |
|
Surveys |
Accuracy of the information |
|
Face to face interaction |
Security with the payment |
|
Round table discussion |
Confidentiality of information related to payment details |
|
Test plan result evaluation |
The Author in its research work helps identifying the importance of project scope management plan for the effective development of the project schedule to achieve the project goal successfully. The systematic approach should be developed for managing the project goal and vision. The scope identifies the activities which should be undertaken and activities which should be omitted from the development program of the project. Scope management plan is the set of processes which is used for defining and mapping of the project control policies and process control block required for the development of project. The project charter is comprised of project scope management plan for the approval of project development by the stakeholders. This paper helps in identifying the project activities which should be synchronised for achieving the required goal of the project.
Quality planning is the integral part of the project development process. The success criteria and quality standards should be prepared for the systematic retrieving of project goal. The quality management plan helps in defining the processes, control structure, difference in required output, and others. The development of the quality checklist is the major problem associated with the development of the quality control and standards. The focus should be given of providing quality input, maintaining quality process and managing quality control. This paper helps in identifying the checklist required for measuring the success of the project.
The Author focuses on the development of the work breakdown structure for the project activities. The project activities are systematically divided into groups of activities to achieve the milestone sets for the project completion process. The project development is divided into modules and project phases which complies with the successful project achievement. This paper helps in developing the work breakdown structure for the undertaken project. The activities synchronisation and scheduling with the correct duration of estimation for completing the project helps in achieving the business objectives. The paper plays a vital role in supporting my research work in the scheduling of project activities.
The checklist closure is prepared for identifying the status of the project. It helps in identifying the variation in the output received by the development of the project and the expected output specified in the requirement specification plan. The following table shows the checklist used for evaluating the status of the project:
|
Checklist |
Status |
Responsible Authority |
Sign off |
|
Specification of requirement matrix |
Completed |
Project Owner |
|
|
Data collection and analysis |
Completed |
Project Owner |
|
|
Project Charter specification |
Completed |
Project Manager |
|
|
Project charter approval |
Completed |
Project Owner |
|
|
Resource management plan |
Completed |
Project Manager |
|
|
Communication management plan |
Completed |
Project Manager |
|
|
Division of work |
Completed |
Project Manager |
|
|
Completed |
Project Manager |
||
|
Cost Breakdown structure |
Completed |
Financial Manager |
|
|
Project schedule |
Completed |
Project Manager |
|
|
Risk Matrix |
In-process |
Risk manager |
|
|
Quality standard and control measures |
In-process |
Quality Manager |
The success and failure of the project can be evaluated by analysing the checklist prepared for the project. The status of the project activities helps in identifying the gaps in the project development process. The cost overview graph and resource overview graph helps in identifying the project status.
References
Devi, R. and Reddy, V. (2012). Work Breakdown structure of the project. 1st ed. [ebook]. Retrieved from https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.416.8659&rep=rep1&type=pdf
Kaziliunas, A. (2012). Problems while implementing quality management system for a sustainable development of organization (1st ed.). Retrieved from https://www.su.lt/bylos/mokslo_leidiniai/ekonomika/2012_4_28/kaziliunas.pdf
McDonald, K., Sundaram, V., Bravata, D., Lewis, R., and Lin, N. (2013). Closing the quality gap: A critical analysis of quality improvement strategies. Journal of object technology, 7(9). Retrieved from https://www.ncbi.nlm.nih.gov/books/NBK44015/
Monnappa. (2017). Project scope management: What it is and why it is important. 1st ed. [ebook]. Retrieved from https://www.simplilearn.com/project-scope-management-importance-rar89-article
Tonder, J., and Bekker, M. (2014). Analysis of a methodology to obtain a work breakdown structure built up from interdependent key project deliverable package. 1st ed. [ebook]. Retrieved from https://c.ymcdn.com/sites/www.projectmanagement.org.za/resource/resmgr/conference_proceedings_2002/10.pdf
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