4. Project phasing Dimebox is a fin-tech startup. Given this fact, there are some conclusions to be drawn regarding the working methodology of the company. In order to actually penetrate the market and become a market leader, which Dimebox is after, the business should keep adapting, which comes with everyday changes, substitutions and improvements in every aspect of the work. Adaptation is the key to success. In order to deliver the most efficient and tailored to the current needs project, the iterations throughout the work phasing will be short, this way making use of a lot of feedback on every stage of the project. Following this philosophy, the activities required for executing the project are grouped in several main types and will …show more content…
4.1. Information gathering and research In this phase, the goal will be to get a clear idea about the key information needed for the project, such as technology available, deep understanding of the way Dimebox's services are built. Besides this - identifying the problems in finances and business operations for companies, which want to be involved with finances, while offering a secure, financially regulated service. Besides obtaining a general technical knowledge of Dimebox's API, it is crucial that the different payment methods, along with the preferred usage of the client business are identified. The deliverables of this phase will allow setting the functional requirements, as well as the constraints of the application to be build, providing the possibility to design the system, tailored to the technical constraints of Dimebox, but also to the business needs of existing and/or potential new clients. A critical part is to also gather all technical knowledge and understanding of the constraints behind it, in order to carry out the planned results with the least number of additional
[How is the user involved in the project? Relate where possible to Rational Unified Process
This is the core of any project plan used to communicate what tasks are needed and the order of sequence to be done to meet deadlines and deliverables.
First Data Corporation powers the global economy by making people and businesses to purchase products and services easily, quickly and securely, using virtually all types of electronic payments. No matter if a payment is made with a gift card, a credit or debit card, or even a check, First Data always processes the transaction and safely use the power of information in favor of millions of merchants and thousands card issuers distributed among 36 countries, offering them intelligent services and greater awareness of their customers. They also offers a set of solutions to help
The project requirements need to be documented in detailed using SMART approach with proper use case scenarios. The revised
The system champion will be responsible for leading the team and that particular team will come together and determine the expectations of the project while creating a project plan. The assembled team must get a list together of goals needed to accomplish within the new system and access the way these goals are going to be accomplished. The goal of the information system is to process and store data while keeping information safe and secure for the organization and within this process the important goals need to be understood by all members of the team, and implemented within the system. There are surveys given to the implementation team, and staff members so that the goals are identified by the importance it holds and will play within the process. Once the goals are determined the team is ready to find a vendor who fits the requirements by creating a list of all vendors to send a request for a proposal to the chosen vendors. The only time an organization accepts a request from the chosen vendors is when and if they are willing to do a demonstration for the staff and team members on the site. This on-site demonstration will help the staff to have a better understanding of the system while making an informed decision based on the information presented. This demonstration will also help the implementation team decide which vendor produces the better system while meeting the
All projects are defined by the purpose, objectives and deliverables. Properly defining these, as well as the other aspects of the project management plan will
We need to define the problem and determine where the root of the problem is. Then we find a solution to that problem and start to plan how we are going to implement that
Dexit Inc. is a business that focuses on electronic payment systems for retail transactions. The nature of the business would start with purchases and tinkle down to petty cash purchases, pre paid purchases, and electronic purchases (Exhibit 1) .The Dexit platforms run on Radio Frequency Identification (RFID) technology. Consumers would use their “tags” at a retailer store’s terminal. This terminal is linked to Dexit’s server which would be able to read the “tag”. From here the server will be able to go into the consumer’s prepaid account, which would limit the consumer’s sending to the amount within the account. Even with this broad industry we have are branding themselves as an exclusive e-payment company. The core product
4. Technology: “We have implemented procedures, processes and technologies designed to safeguard our customers’ debit and credit card information” Page 9.
Each of these projects would be completed in phases and help centralize most of the processes
Within the project-based organizations is developed throughout the completion of projects. Between the non-project based organizations, the other areas of the project are completed
While projects can be similar in some instances, no two projects are ever the same. For this reason, management of projects requires the application of tools and techniques to meet the goals of the temporary endeavor. Project managers apply these tools and techniques to determine what is required for project delivery such as the list of activities to completed, the time required to complete the activities, resources needed and the various risks associated with the deliverable and efforts. A multitude of tools and techniques are employed by the project manager based on the need of the effort to organize, identify and communicate the various aspects of the project. While in contrast, the repetitive nature of operations activities
In this case, the final product which is a ……. software must be available on 15/1/2016, at least, it has been mentioned that the final product will have been made by integrated three types of software products which are Alpha, Beta, Gamma, and Delta. Therefore, Time is a key element in this project.
Use this section to identify the design documents that have been developed and summarizes the overall solution design in a succinct statement. Also, define why each of these design documents is necessary for the project.
To begin with, it is important to note that grouping of activities helps in the identification of what work has to be performed (Wissink, Schwella, and Fox, 2004). Failure to group activities is a sure recipe for chaos. Whenever activities are grouped, people get to familiarize themselves with their individual tasks and in such a case, the probability of conflict is significantly reduced. Grouping of activities can be done on the basis of functions, processes involved, etc. When the work to be performed is clearly identified and allocated, deviations from program objectives can be recognized and addressed promptly.