Project Final Assignment, Assignments of Project Management

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Niraj Yadav

ISMT COLLEGE FOURTH SEMESTER | TINKUNE, GAIRIGAU

Project Design

implementation and

Evaluation

Contents

• Task
  • Introduction
    • Outline specification for each possible projects..............................................................
  • Conclusion
• Task2
  • Introduction
    • Selection Methods
    • Feasibility Study
    • Relevance of the Project
    • Value of the Project
    • Project Duration
    • Project Cost and Budget
    • Requirements of the project or Scope of the project
    • Deliverables
    • Availability of Technical Experts and Equipment’s required for the project
    • The Project Team
    • Quality of the Project
    • Project Risk
    • Critical Analysis
    • Project Description
    • Possible Solution
    • Evaluation Criteria
    • Proposal of the feasibility solution
  • Conclusion
  • Task
    • Project Introduction / Background
    • Conclusion:
• Produce an appropriate project plan for the agreed project.
  • Introduction
    • Risk Management Strategy and Approach
    • Risk Assessment and Analysis
  • Conclusion
• Task
  • Introduction:
  • Conclusion
• Task
  • Introduction
  • Conclusion
  • Organize, analyze and interpret the relevant outcomes of the project................................
  • Conclusion
• Task
  • Introduction
    • Purposes of Project Evaluation
    • Project Evaluation Process
    • PERT (Project Evaluation and Review Technique)
  • Conclusion
• Task
  • Introduction
    • Critical Review
  • Conclusion
  • Recommendation
  • Recommendation 2:
  • Recommendation
  • Conclusion:
• Task
  • Introduction
    • Project introduction
    • Project Scheduling and timeline
    • Outcomes of project
  • Conclusion
  • Introduction
  • Conclusion
• References

Task 1 Formulate and record possible outline project specifications for a given scenario. [1.1] Consider: Introduction, purpose, aims/objectives, scope of the project, approach and methodology, legislation, ethics, sustainability, fitness for purpose, assumptions and constraints, timescale, resource and budget. Note: you are developing a list of requirements with brief description for each. Introduction It is a common project description containing the project plan within the project. Before designing the actual software it is a duty of the project manager to design project background as well as description of project specification. The status of project is highlighted with its threats, opportunities objectives, and problems. It is a temporary social system which is proceed by project team for completing particular task with in the time frame. In order to formulate the possible outline project specification we need to represent the project in terms of project triangle. The project triangle includes time cost and scope, which are described as below use triangular form According to scenario there are three possible project options and they are

Project cost and Budget The project cost and budget can be calculated in man, machine and materials, which can be outline as below Person Incharge S.N Expert Required Man month Standard rate Total amount

1. Programmer 2 50,000 100,
2. Designer 2 50,000 100,
3. Network Technician 2 50,000 100, Total 300, Machine/ equipment required - PC-3, program development tools for 2 months Material required - Not required Total Cost Suppose all the resources have same capability and have same amount of work. Then if the rate/month of each resources in NRS. 50,

• 50,00023=3,00, Deliverable : Source code, Test script, user manual, / system manual of CMS Scope : the product scope of project A includes  Login modules  Staff management  Library management  Student management  Account management

Approach/ methodology  Phase 1: Preliminary Study  Phase 2: Front end and back end design  Phase 3: Coding Development and Implementation  Phase 4: Software Testing Project Conclusion In this, way we formulate the college management system to complete it in given time period and within specified cost and budget.

1. Designer 1 30,000 30,
2. Developer 1 30,000 30, Total 60, Machine/ equipment required - PC-3, program development tools for 1 months Material- Not Required Cost Suppose all the resources have same capability and have same amount of work. Then if the rate/month of each resources in NRS. 30,

• 30,000*2=60,00 0 Deliverable : Script code, Test script, user manual, domain, hosting Scope : the product scope of project B includes  Home page  About Us Page  Contact us page  Gallery  Download  News and events Project Conclusion After designing and developing dynamic websites the project was developed and the required object was met to outlines project duration, total cost and budget.

Project C Project title – Design and Development of Network Infrastructure Introduction In the third project of the Nayarani Engineering College I have designed and developed the secure network communication of the head branch of Nayarani Engineering College with its other different sub-branches located at different geographical areas. This project aims to provide the workers or user to. Objectives  To provide the workers or users a secure and reliable network communication to its sub-branches.  To eliminate all the security related problems and provide a safe communication channel via VPN connection  To ensure the employees are connected to a secure connection which includes internal LAN.  To ensure maximum time period for the secure and reliable internet communication developed with high expertise. Project duration Overall project duration is of 2 months. The project start end and deadline can be estimated as follow: Start: May 25, 2017 End: July 25, 2017 Project deadline: July 30, 2017 Project cost and Budget The project cost and budget can be calculated in terms of man, machine and materials, which can be outline as below

2. Connector 5 bundle
3. Clamping 2 Total Total cost = total of person incharge + total amount of machine/equipment + total of material + contingency (10%) Approach/ methodology Phase 1: Preliminary Study Phase 2: Network Architects and Design Phase 3: Network Development Phase 4: Network Testing Deliverable : Network design and development document Testing documents Script of each device configuration Scope : the product scope of project C includes  Every branches should be connected  Every branch shall have internal LAN  Each branches shall connect with Head Office with VPN connection Project Conclusion Here we have designed and developed network infrastructure for Nayarani Engineering college and all the 6 branches were connected in a network and each branches were connected to each other via VPN.

Conclusion As a conclusion we have figured all the essential requirement for entire Nayarani Engineering College project to design and develop the entire modern IT usage for that we have developed the website, CMS (College management System), Network Infrastructure and many other essential requirements. Moreover, we have generalized the outline concept for providing the Nayarani Engineering College all the details along with the required materials and their required costs side by side. Nevertheless, we have included the methodology we have used for the developing the outline of the required Nayarani Engineering college project. Task Identify the factors that contribute to the process of project selection. [1.2, M1] In order to claim M1, an effective approach to study and research has been applied when to identify the factors that contributes to the process of project selection. Introduction Cotrim (2013) indicates that Project Selection is a process to assess each project idea and select the project with the highest priority. Projects are still just suggestions at this stage, so the selection is often made based on only brief descriptions of the project. As some projects will only be ideas, one may need to write a brief description of each project before conducting the selection process. One of the biggest decisions that any organization would have to make is related to the projects they would undertake. Once a proposal has been received, there are numerous factors that need to be considered before an organization decides to take it up.The most viable option needs to be chosen, keeping in mind the goals and requirements of the organization. How is it then that we decide whether a project is viable? How do we decide if the project at hand is worth approving? This is where project selection methods come in use.Choosing a project using the right method is therefore of utmost importance. This is what will ultimately define the way the project

 When it comes to the Discounted Cash flow method, the future value of a project is ascertained by considering the present value and the interest earned on the money. The higher the present value of the project, the better it would be for our organization.  The rate of return received from the money is what is known as the IRR. Here again, you need to be looking for a high rate of return from the project. The mathematical approach is commonly used for larger projects. The constrained optimization methods require several calculations in order to decide on whether or not a project should be rejected. Cost-benefit analysis is used by several organizations to assist them to make their selections. Going by this method, you would have to consider all the positive aspects of the project which are the benefits and then deduct the negative aspects (or the costs) from the benefits. Based on the results you receive for different projects, you could choose which option would be the most viable and financially rewarding. These benefits and costs need to be carefully considered and quantified in order to arrive at a proper conclusion. Questions that you may want to consider asking in the selection process are:  Would this decision help me to increase organizational value in the long run?  How long will the equipment last for?  Would I be able to cut down on costs as I go along? Now we are going to identify the key factors that contribute to the process of selection of the project and also analyze that factors on the basis of projects selected under task 1.1. The key factors that contribute to the process of selection of projects are identified as below:

1. Feasibility Study
2. Relevance of the Project

3. Value of the Project
4. Project Duration
5. Project Cost and Budget
6. Requirements of the project or Scope of the project
7. Deliverables
8. Availability of Technical Experts and Equipments required for the project
9. The Project Team
10. Quality of the Project
11. Project Risks Feasibility Study A feasibility study looks after the viability of the idea in reference to emphasizing the problems identified and potential problems to answer the one main question (Wolfe. L, 2014). In general terms, it also focuses in marketing issues, finance overview along with the technical and organizational requirements. It also needs to answer the question of “Does the idea make economic sense?” Therefore, it needs to provide thorough business opportunities in regard to handling roadblocks that may stand in the business. The outcome of the feasibility study than determines whether to proceed or discard the project. The feasibility study is essential because it serves a solid framework foundation for developing and improving business plans. It lists all the details to make the project and business work to identify and sort out logistical and business relevant to related problems. To add to that, it also helps in developing and nurturing strategies in the market. As an example, if a private school intends to expand then, it should conduct about where additions need to be built, expansion cost, proposed expansion etc.

each branch of the college. Hence, the entire project should be selected by the decision makers or the management team as it creates value to the organization. Project Duration Project duration is the most important thing need to consider for the selection of the project. The project timeline, project schedule, project deadline, project start and the project finish depends on the project duration. The agreed project must complete within the agreed timeline. If any project seems to take a longer duration to complete than the agreed timeline, then in such case that project cannot be selected by the decision makers and the project management team. So, in order to select the project, the project duration must fall under the agreed timeline. Also, if the time duration of the project increases it directly affects the overall project cost and if it decreases it affects directly to the requirements or scope of the project and it finally affects the decision of selection of the project. In this way, we can say that project duration is one of the key factors that contribute to the selection of the project. In this case, all projects have been scheduled under the agreed timeline i.e. 3 months. So, there is no any time overhead to the project and, hence these can be selected and approved by the management. Project Cost and Budget Budget information is one of the most critical information project should have. A careful planning of project costs and expenditures can be a significant factor in the success of the project. The project manager is responsible for the project budget, especially in using these resources (man, machine and material) wisely to meet the desired objectives. An important piece of information for a project manager comes from the project expense reports, they provide a detailed view of where the project is in terms of its cost and that can help determine whether or not the project can complete all its planned activities. Having a quick access to accurate budget information is a critical requirement that a project should meet. The cost and expenditure shall fall under the allocated budget of the company. If the cost estimate of the project is greater than the allocated budget, the decision makers shall not comply the project with the budget and the project cannot be selected in this

case. In this way, we can say that the project cost and budget is also one of the key factors that contribute to the process of project selection. In this case, the cost and expenses in the form of man, machine and material for all projects have been estimated under the allocated budget of the organization. So, there is no any cost overhead to the project and, hence these can be selected and approved by the management. Requirements of the project or Scope of the project The scope or requirement is one of the critical factors that contribute to the process of project selection. The requirement or the scope of the project provides the specification of the product or service that we are going to create and develop during the project. It also addresses all the needs of the client. All the scope or the requirement of the client should be considered in the project. If the project fails to address the requirement of the client then that project is supposed to be non-selected. In this way, we can say that all the requirement of the clients must be fulfilled during project. In this case, the scope of all the projects fulfills all the requirements of the client when producing specification for CMS, website and the network infrastructure. Thus, the projects are supposed to be selected by the management.