preview

Xacc 280 Week 3 Team Project Team

Decent Essays

Resources used will be primarily the project team members. To reduce risk all members need to be aware of the project schedule so that the right team members are available at the right times. Adequate computer resources, physical space and other support staff need to be ensured so that the project does not fall behind schedule.
The implementation phase is to combine the individual components of the system, verify and test, convert data and integrate system components, document and install the system. (Post & Anderson). The project’s risks and probability of its success will be based on the feasibility study that included both economic via cost-benefit analysis and legal reviews. Moreover, before the sign off a great deal of financial analysis went into this project including ROI (projected return on investment) and NPV (projected Net Present Value). The (ROI) is a calculation that measures the average rate of return earned on the money invested in the project. NPV is a basic formula to convert future cash flow to present value. (Thomson, Strickland, and Gamble) We will employ the phased deployment approach which is a deployment method that installs the new CSMS system and make it operational in a series of phases. This kind of deployment reduces the risk because failure is isolated to one subsection of the deployment …show more content…

The subsystem with the lowest expected transaction volume should be brought on-line first so that if any errors or problems come up then they can be corrected without disrupting the other systems. Furthermore, if the same error would come up in subsequent systems due to similar processes those errors can be corrected prior to implementation. This approach will also allow gradual testing of business layer and data layer functions and subsystems such as inventory and

Get Access