Contents Executive Summary 2 Analysis 3 Online store project 3 Problem statement 3 Alternatives 5 Overtime Work 5 Additional Resources 12 Recommendations 14 Risks and Contingencies 16 Executive Summary A&D High Tech is a US medium size company that started to operate in the business of computer systems products and services in 1988. Due to fierce competition and decreasing profit margins, the company founder and CEO was seeking other growth opportunities by adopting two new strategies, namely: * Increasing sales nationally * Utilizing modern technology to increase operational efficiency The company online store was the answer that would enable A&D High Tech to realize both growth strategies. …show more content…
Since the optimistic and pessimistic estimates for project tasks are unknown, the following table assumes an optimistic estimate of 90% and a pessimistic estimate of 130% of each task’s original duration ID | Task Name | Duration | Optimistic | Pessimistic | Variance | 1.2.1 | Gather Business Requirements | 4 | 3.6 | 5.2 | 0.27 | 1.2.2 | Design Business Process Flows | 2 | 1.8 | 2.6 | 0.13 | 1.2.4 | Create Operational Requirements | 5 | 4.5 | 6.5 | 0.33 | 1.3.1.2 | View and Search Product Catalog | 6 | 5.4 | 7.8 | 0.40 | 1.3.1.3 | Updating and Calculating Shopping Cart | 3 | 2.7 | 3.9 | 0.20 | 1.3.1.1 | Capture Customer Profile | 4 | 3.6 | 5.2 | 0.27 | 1.3.2 | Create Data Requirements | 3 | 2.7 | 3.9 | 0.20 | 1.3.3 | Create ERP Interface Requirements | 7 | 6.3 | 9.1 | 0.47 | 1.4.2 | Design View and Search Product Catalog Pages & Components | 13.5 | 12.15 | 17.55 | 0.90 | 1.7.2 | Build View and Search Product Catalog Pages & Components | 12 | 10.8 | 15.6 | 0.80 | 1.7.3 | Build Updating and Calculating Shopping Cart | 7 | 6.3 | 9.1 | 0.47 | 1.7.5 | Build Submit Order Pages & Components | 12 | 10.8 | 15.6 | 0.80 | 1.8.1.2 | Perform Phase 2 Testing | 5 | 4.5 | 6.5 | 0.33 | 1.8.2 | Perform System Testing | 20 | 18 | 26 | 1.33 | 1.8.3 | Perform Validation Testing | 10 | 9 | 13 | 0.67 | 1.9.1 | Implement System | 10 | 9 | 13 | 0.67 | 1.9.2 | Deploy To Production | 1 | 0.9 | 1.3 | 0.07 | 1.9.3 | Project Wrap-Up | 10 |
Estimate the project’s operating cash flows for each year of the project’s economic life. (Hint: Use Table 2 as a guide)
Remember the old saying, "A project plan is not a schedule until resources are committed." This exercise illustrates this subtle, but very important, difference.
project data from work breakdown structures and schedules" and comparing it to "topdown project goals." After this, the teams are to estimate investment risks
1. What is the estimated project completion date? (Assume there are no holidays and ignore the sunk cost of the planning team’s effort)
592 Week 1 DQ 1 WBS Construction PROJ 592 Week 1 DQ 2 Project Cost Estimates and Assumptions PROJ 592 Week 2 DQ 1 Cost Components PROJ 592 Week 2 DQ 2 Estimating Processes PROJ 592 Week 3 DQ 1 Project Schedules PROJ 592 Week 3 DQ 2 Sensitivity Analysis PROJ 592 Week 4 DQ 1 Resource Allocation and Leveling PROJ 592 Week 4 DQ 2 Advanced Schedule Techniques PROJ 592 Week 5 DQ 1 Earned Value Calculation PROJ 592 Week 5 DQ 2 Project Monitoring and Control & EV PROJ 592 Week 6 DQ 1 Forecasting Project Completion Cost PROJ 592 Week 6 DQ 2 Project Control PROJ 592
Describe common practices to estimate the duration of project activities as well as real reasons that cause project delays.
Technology and Information Systems- the Company will continue to expand its e-commerce business in the future. Its e-commerce sales today gross over one billion. Its plan is to focus on continued profitability with online sales. Part of the plan included a full assessment of the online business to analyze the main areas of functionality and online improvements. It will also continue its Omni channel capabilities, which includes shipping to store and in-store pickup exclusively during the holidays. Due to the rapid growth of mobility, over 50% of its e-commerce sales
The following data consists of the actual time used and potential (the best time possible for this review process) to complete each step in the review process. The actual times are based on the review of 30 projects. The potential times are subjective engineering judgment estimates.
The analysis of the financial projection in this report is based on the assumptions and the information which you (client) provided. These assumptions and information can be change with the passage of time. The
This TER rates the sustainability of the project’s outcomes as “Moderate likely”, considering both significant contributing factors and potential risks.
Initial projections show that the current schedule will take 50 weeks to finish with a final budget estimate of $3.152 million. Although the project estimate comes in under budget, the time frame for completion extends beyond the acceptable 45
Initial projections show that the current schedule will take 50 weeks to finish with a final budget estimate of $3.152 million. Although the project estimate comes in under budget, the time frame for completion extends beyond the acceptable 45
5. The project is assumed to end in year 4. Do you think that this is realistic? Can you estimate the value of the project’s operating cash flows beyond year 4? State any assumptions you made.
Barbara believes in review the estimates that are submitted during the proposal process. The critical work package is to review estimate for one grade seven full time employee for twelve weeks of period. Barbara has some background info on this task and knew that one person would be required full time for fourteen weeks. Estimation team confirmed that they used the three point estimates where minimum timeframe was four weeks and most likely thirteen weeks therefore being pessimistic they put the sixteen week timeframe.
In the transmuting field of Engineering and Technology where each incipient day optically discerns a peck of modern concepts and applications, and each passing day makes them obsolete; I wish to have the highest caliber of edification and transcend incipient horizons.