Resources:After The Initial Planning For A New Business

According to Glass, resources are acceptable if 15-30 of the project effort was spent on the requirements definition. In regards to correctly obtaining valid sources of knowledge without saturating requirements, it was found that involving customers, consulting all resources and involving highly skilled people was the most successful approach. Furthermore, processes that involved the concentration of prioritization, traceability and validation of requirements was also recommended.

The end result of the component outsourcing should yield reusable components. The next type of outsourcing required that the customer organization simply contracts for an external group to perform all or part of the functions of one or more of their process steps. Process component outsourcing means that requirement development, design phase, coding phase, test phase, or the maintenance phase is outsourced to another location. Most commonly the testing phase of the software development process is shipping out of house. Finally there is Software Acquisition, where all software development is sent to another location company. Outsourced work can be sent to another company and/or another country. In this paper, we will concentrate on work that is outsourced to another country. This may mean the company creates and staffs an office abroad, or hire an international outsourcing firm. Which ever way companies decide to outsource the work the motivation behind the strategy is the same.[2]

Staff: 3 Managers, 1 Chef, 1 Assitant Kitchen Cheff, 2 Cooks, 2 Kitchen Maids, 2 Dishwashers, 6 Waiters, 4 Cleaning staff, 2 Bartenders

Base on the analysis the reference, the general consensus in the research is that this enterprise project fell into the most basic traps of software development, from poor planning to bad communications throughout the lifecycle of the project. Our team will focus on the following aspects including scope, human resource, procurement, unrealistic scheduling, contracting and contract management, program management and enterprise architecture, the report will analyze each topic and make corresponding recommendation to improve the practice.

The people who need to use the resources should be consulted to find out what they need and when it will be needed. In this way budgets and resource plans can be made to accommodate these needs.

Base on the analysis the reference, the general consensus in the research is that this enterprise project fell into the most basic traps of software development, from poor planning to bad communications throughout the lifecycle of the project. Our team will focus on the following aspects including scope, human resource, procurement, unrealistic scheduling, contracting and contract management, program management and enterprise architecture, the report will analyze each topic and make corresponding recommendation to improve the practice.

Though outsourcing offers many potential benefits for product development as it may be used to speed up processes and reduce staffing costs; these benefits are speculated and not always certain. As a result, organizations must not overlook the possibilities of failure due to outsourcing. Because of the inherent nature of outsourcing, vital jobs are extremely distant from central headquarters, and control is essentially being shared and sometimes completely transferred to a third party (Rozet, 2009). Some innovation risks associated with outsourcing product development include loss of confidentiality, possible losses of technological core competencies, loss of managerial control, loss of control of outsourced activities, and hidden costs

One of the areas of importance within an undertaking is the acquisition of resources to complete the work packages. The procurement management plan outlines how the team will obtain resources outside of the organization (PMI, 2013a). The plan should include the types of contracts and documentation that must be used, guidelines to request quotes and information, a list of approved vendors, regulatory standards that must be complied, risk mitigation for procurement, procurement metrics and measurements, and criteria and tools to determine to rent, buy, lease or make a resource (Vaidyanathan, 2013). All of

To ensure optimal level of productivity from project resources, INDITEX has to develop an accurate resource breakdown structure which is a base document with all the project elements to achieve the objects. Consultation from historical information with the types of resources required and garments industry standards is valuable input for resource planning. The scope statement contains the project justification and the project objectives should be considered. Also, resource estimation is needed. It is a structured prediction of the cost and other resources required to execute a task. The amount of effort that it will take to complete a task is important as well. A responsibility assignment matrix to allocate roles and responsibilities is important for human resource planning.

1.The business name will be "Bird Wise" and provides a pet-related service. It will be located in Florida with the plan to expand it to large cities in surrounding states.

Starting up a new business is an activity that requires the use of capital to ensure that the business is successful. However, in most cases, business organizations do not have adequate capital to implement the business ideas. On the other hand, the owners of patented products may face the challenge of making decisions on how they should venture into the market due to lack of capital. There are many options available to start-ups on how they can succeed in the market. For instance, franchising, licensing or securing loans from banks may be among the options utilized by owners of patents (Maynard & Warren, 2014). Making decisions on the best option may be a tough task since all the options have advantages and disadvantages. Through a

Much planning is involved with creating new systems for clients and work cannot initiate without adequate planning and coordination. Jobs are scheduled at least six months in advance and can take anywhere from a few days to several years to complete. Although the staff of programmers chosen to work on a project is dependent on the size of the system, most systems designed by this department are small, so one person is assigned the task of managing the project and is called the ‘project leader.’ The project leader is responsible for making sure the programs are written according to the design specifications, coordinates the activities of the programmers, answers questions, monitors resources for the project, initiates any changes to the original design and making sure the project is completed on time. They are also usually assigned small program maintenance jobs which may include changes to existing programs due to new laws that need to be complied with or the clients existing program wasn’t set-up to accommodate their needs. The tasks performed in the data processing department are almost always interdependent with the work of someone

Over the last five years the percentage of global Information technology (IT) budgets that have been allocated to IT outsourcing has progressively grown to 23% of total budgets as of the close of the latest calendar year. This continual reliance on IT outsourcing is fueled by not only cost, but also the ability to create new software applications faster, reduce time-to-market by attaining external expertise critical to a new projects quicker, and the ability to keep valuable internal resources focused on the most strategically critical projects (Rosebush, Leavell, Maniam, 2012). IT outsourcing, contrary to widespread public opinion, is not about chasing the lowest cost per labor hour around the world to have programming completed or routine maintenance of applications done (Khan, Niazi, Ahmad, 2011). Best practices in IT outsourcing seek to create a competitive advantage through the alliances with outsourcing partners, while at the same time optimizing overall organizational performance (Ren, Ngai, Cho, 2011). As all outsourcing is inherently filled with risk, any due diligence to create an effective IT outsourcing framework must begin with a thorough definition of risk management guidelines and objectives, followed by the prudent definition of risk trade-offs as captured in the contracts and service level agreements (SLAs) (Wan, Wan, Zhang, 2010). All of these factors must be kept in balance with one another for any enterprise to gain the full

Combining the development and maintenance of system: In this approach both development and maintenance are combined to organize Information System Personnel (ISP). Generally, functional area sub-divides an area into teams. Each team is assigned to a system to complete the requests of new development and maintenance. This approach appears to be logical as the division between new development and adaptive maintenance is arbitrary. The advantages in this approach includes:

This author took into consideration the various organizational departments within a company, to include marketing, management, and HR.  “Balancing Four Factors in System Development Projects” (2009). Companies need to develop their departments to the following criteria. Acquire knowledge in the use of key technologies, development of technologies, business functionality, control over project costs, and control over project