B. The following table describes the projected costs and benefits for the next five years of a proposed software development project. Year 2 3 4 5 Costs (RM) 110,000 15,000 15,000 15,000 15,000 25,000 Benefits (RM) 45,000 50,000 55,000 60,000 63,000 Using the information from above, you are required to answer the following: Calculate the cumulative present values of its cost and of its benefits for all the five years. Determine when the payback will occur for this new system. iii) 11 Determine the Return of Investment (ROI) for this new system at Year5. What can you conclude about this proposed software project?

B. The following table describes the projected costs and benefits for the next five years of a proposed software development project. Year 2 3 4 5 Costs (RM) 110,000 15,000 15,000 15,000 15,000 25,000 Benefits (RM) 45,000 50,000 55,000 60,000 63,000 Using the information from above, you are required to answer the following: Calculate the cumulative present values of its cost and of its benefits for all the five years. Determine when the payback will occur for this new system. iii) 11 Determine the Return of Investment (ROI) for this new system at Year5. What can you conclude about this proposed software project?

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter4: Project Integration Management

Section: Chapter Questions

Problem 4E

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How to solved below problem based on software engineer knowledge? See the explanation of the planning case as below, when should this project start? Identify the Critical Path of planning this project. Is it possible to reduce the number of people dedicated to the project? "Software developers have identified the work breakdown structure (WBS) as shown in the table. The company applies the Modified Water Fall approach at WBS Level 1 (x.) and Level 2 (x.x), while the iteration approach at a lower level is planned to be handed over to the customer on 17 August 2023. Note that the effective time for one day is 8 (eight) hours, and working days in a week are 5 (five) days. Specifically to support this project, there are 2 Business Analysts (part timer), 2 Senior Programmers (full timer), 4 Junior Programmers (full timer), and two Testers (full timer)". Please add other assumptions if necessary. No. Work Breakdown Structure Estimated man hour 1. Requirements Definition 2…
Discuss the challenges of estimating costs for software projects with a high degree of uncertainty or ambiguity in requirements.
Consider a project in which 6 major components are identified. The sizes of these are estimated to be 4k, 2k, 2k, 3k, 3k, 1k delivered source code lines. Use COCOMO to determine: i) Overall cost and schedule estimate when developers are very highly capable with the very little programming experience being used. ii) Cost and schedule estimate for different phases. iii) Justify the importance of detailed COCOMO.
What is software cost estimation? Explain? A size is the main factor for determining the cost of a project, an accurate size can be used to estimate the cost and schedule of the software project. Give your view in favor and against the statement.
29. If you were a lead developer of a software company and you are asked to submit a project/product within a stipulated time-frame with no cost barriers, which model would you select? a. Waterfall b. Spiral c. RAD d. Incremental
Ex. 114 Match each activity below to the phase of system development to which it belongs. Before each activity description use one of the following codes: A — Analysis I — Implementation D — Design F — Follow-up ____ 1. Monitor the system for breakdowns and weaknesses ____ 2. Hire and train personnel ____ 3. Evaluate the efficiency of the system ____ 4. Identify sources of information ____ 5. Select procedures from among alternatives ____ 6. Prepare job descriptions ____ 7. Install processing equipment ____ 8. Corrections in design may be necessary ____ 9. Determine information needs ____ 10. Format reports
78. Which of the following activities is not one of the four things that need to be accomplished by the generic planning task set? a. Develop overall project strategy b. Identify the functionality to deliver in each software increment c. Create a detailed schedule for the complete software project d. Devise a means of tracking progress on a regular basis
A preliminary evaluation of software packages and vendors begins during the __________ phase when the two or three strongest contenders are identified. a. system investigation. b. system design. c. system analysis. d. feasibility analysis.
When using a project triangle to illustrate conflicting priorities, Microsoft suggests that if the problem is in the fixed leg, work on the other two legs. For example, if the project must not exceed the budget and it is starting to run over, adjust the schedule, or the scope, or both. However, if the problem is not related to the fixed leg, the adjustment might have to be in the remaining leg. So, when faced with an inflexible budget (fixed leg) and the schedule is slipping (problem leg), the project’s scope (remaining leg) might have to be adjusted. Why is explaining this situation to management sometimes a very difficult task for the systems analyst?
Why are formal software project management techniques required? What are your FYP/research objectives? (Specific, Measurable, Achievable, Relevant and Time Constraint). Which user criteria do you take into account when putting your FYP into practise to make it more user-friendly? (Research students may talk about how user needs are taken into account in implementation projects to improve usability.) Q4: Determine your FYP's cost in PKR after evaluating the effort (research students may explain generally with an example that how project cost can be estimated) Describe one risk you encountered and how you managed it in your FYP or study.
The Tender DocumentYou are required to produce a tender document for a specified software project.discuss ideas with your tutor or TA.You canThe tender document must consist of the following:An introductionA project outlineA skills matrixA project planA project costingA risk analysisAn ethical assessment/statementYou will submit a suitably professional document by the end of week 12.Academic Good PracticePlease note this is a group coursework, whilst students are expected and encouraged tocollaborate no part of the submission should be the work of another group or individual withoutcorrect accreditation. Failure to accredit other contributions correctly is academic dishonestyand your work will be referred for plagiarism.The Software ProjectAs we are all aware, software applications are created to solve problems in our society or toimporove on existing solutoins. You are tasked to come up with a problem in our society thatcan be solved with a software application. You may focus on one…
Part 1 The Tender DocumentYou are required to produce a tender document for a specified software project. You can discuss ideas with your tutor or TA.The tender document must consist of the following:An introductionA project outlineA skills matrixA project planA project costingA risk analysisAn ethical assessment/statementYou will submit a suitably professional document by the end of week 12.Academic Good PracticePlease note this is a group coursework, whilst students are expected and encouraged tocollaborate no part of the submission should be the work of another group or individual withoutcorrect accreditation. Failure to accredit other contributions correctly is academic dishonestyand your work will be referred for plagiarism.The Software ProjectAs we are all aware, software applications are created to solve problems in our society or toimporove on existing solutoins. You are tasked to come up with a problem in our society thatcan be solved with a software application. You may focus…

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