Measurable Organizational Value (MOV) And Project Management Plan

Part 1: Measurable Organizational Value (MOV)

Area Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper	Rank	Impact
Strategic Changes	3 Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper	· Strategies adopted for breeding services · Transformation in the approach that is followed
Customer/End-Users	1	· Easier bookings · Greater assistance and support · Error free methods
Financial/Economic Structure	4	· Better profits and revenues · Greater shares in the market
Organizational	5	· Cost-savings and effectiveness
Social	2	· Increased collaboration and cohesion of the farmers, breeders, and stud farm managers · Adoption of better practices

• Better: Profits, market shares    
• Faster: Bookings   
• Cheaper: Overall Costs    
• Do more: Collaboration, Bookings   

Stakeholder	Expectation from project	Target
End Users – Farmers & Breeders	Error free bookings	40%  increase in the quantity/number of bookings
Stud Farm Managers and other managerial and leadership resources	Quicker booking speed	70% improvement
Authorizing & Legal Bodies	Decrease in costs	Drop by 35%
Project Sponsor	Improved revenues	46% growth

95 days

The number of bookings and speed of making these bookings will go up by 40% and 70% respectively. The costs will come down by 35% and revenues will go up by 46%

• Information gathering and collection
  • Interviews
  • E-surveys & Questionnaire
  • Brainstorming sessions
  • Domain analysis
  • Observations
• Feasibility study and compilation of the results
  • Technical Feasibility
  • Operational Feasibility
  • Economic Feasibility
  • Social Feasibility
  • Environmental Feasibility
• Chartering and briefing of the project
• Determination of the methodology for the project and development of a plan covering estimations and responsibilities.
• Designing of the system – UI aspects, Wireframes
• Source code development
• Setting up of the database and integration with the front-end
• System implementation
• Test creation, execution, and defect reporting
• Management of the changes
• System documentation and project closure

• Marketing processes and activities
• Distribution & advertising activities
• Negotiations with the third party

• The project team will be made available with the business case as a first step of the project.
• The working conditions will be favorable.
• The selection of the resources will be done as per the required skills.

• Project schedule & budget
• Project tools and equipment available for the professional activities

The scope of the project will be managed using the project management methodology as Project Management Body of Knowledge (PMBoK). It is the methodology that will be able to provide the managers with the necessary guidelines to define the project scope, plan the project activities as per the scope, and execute the same without any hindrances. There are certain project factors that may impact the project scope, such as project changes, project risks, conflicts, defects, and performance of the resources. All of these factors will be managed and handled along with the scope so that the project aims and objectives are achieved (Bilkent, 2016).

The scope of the project will be planned and managed in the initiation and planning stage of the project. The first stage will include the execution of the feasibilities studies along with the analysis of the business case of the project. The items to be included in the scope and the ones to be excluded from the scope will be defined in the planning phase on the basis of the information that will be gathered and the business case that will be provided. The subsequent stages and their respective activities will be carried out on the basis of the items in scope and out of scope. The project goals will be met as an outcome.

Resource Name	Type	Internal/External	Max. Units	Std. Rate
Project Manager	Work	Internal	100%	$100.00/hr
Business Analyst	Work	Internal	100%	$90.00/hr
UI Expert	Work	Internal	100%	$80.00/hr
System Developer	Work	Internal	100%	$84.00/hr
Finance Associate	Work	Internal	100%	$84.00/hr
Data Analyst	Work	Internal	100%	$86.00/hr
Technical Writer	Work	Internal	100%	$80.00/hr
Test Analyst	Work	Internal	100%	$80.00/hr
Implementation Associate	Work	Internal	100%	$81.00/hr
Trainer	Work	External	100%	$88.00/hr
Project Sponsor	Work	External	100%	$0.00/hr
Technical Expert	Work	Internal	100%	$88.00/hr
Database Engineer	Work	Internal	100%	$80.00/hr
Network Engineer	Work	Internal	100%	$81.00/hr
Test Associate	Work	Internal	100%	$75.00/hr

Hardware	Computer Systems, Database Servers, Tele-conferencing Equipment
Software	NetBeans, Windows & Linus Operating Systems, Microsoft Project, Bugzilla, Microsoft Visio, MySQL Database
Network	Gateways, Router, Hubs, Switches

On-site

Work Environment, Project Environments, Safe Working Conditions

• Training schedule and plan for the resources
• Conduction of training

Work Breakdown Structure (WBS)

Projct Activities & Duration

Time-phased Budget

Part 4: Project Risk Analysis and Plan

• The working conditions arranged for the resources will be safe and healthy
• The initiation of the project will begin with handing over the business case to the resources
• The project manager will have multiple rounds of meetings as discussions with the project sponsor before the kick-start of the project
• The resources will be assigned with the duties as per the demand of the project and their specific set of skills

• Initiation Stage: Communication Issues  
• Planning Phase: Schedule & Budget Risks
• Execution Phase: Security Risks, Technical Risks
• Control Stage: Scope Inflation  (Brandeis, 2016)
• Closure Stage: Ethical Issues, Quality Issues  

The risks that are identified above are then analyzed and assessed (Clarizen, 2016).

Risk ID	Description	Probability (High – 5 Significant – 4 Medium – 3 Minor – 2 Low – 1)	Impact (High – 5 Significant – 4 Medium – 3 Minor – 2 Low – 1)	Risk Rank (Impact x Probability)	Assigned To	Risk Response Strategy	Threat or Opportunity
1	Communication Issues – The external stakeholders may not be available for meetings	3	3	9	Project Manager	Risk Avoidance	Threat
2	Schedule & Budget Risks – Incorrect estimations which may lead to increased gaps in advanced stages	1	5	5	Project Manager, Business Analyst, Finance Associate	Risk Avoidance	Threat
3	Security Risks – Information security threats and attacks	5	5	25	Technical Expert, Test Analyst	Risk Avoidance & Mitigation	Threat
4	Technical Risks – Failure of a technical tool	3	3	9	Technical Expert	Risk Transfer	Threat
5	Scope Inflation – Too many project changes	3	4	12	System Developer, UI Expert	Risk Mitigation	Threat
6	Ethical Issues – Non-adherence to ethical norms	1	5	5	Project Resources	Risk Avoidance	Threat
7	Quality Issues – Non-adherence to quality standards	1	5	5	Project Resources	Risk Avoidance	Threat

The end-product delivered to the client must be free from defects and must adhere to the quality standards as Six Sigma, Total Quality Management (TQM), and ISO 9001 (Dds, 2016).

The processes to maintain the quality shall include quality planning, quality assurance, quality control, and continuous improvement for maintaining the quality.

Verification Activity	When
Earned Value Management (EVM) & Gap Analysis to determine the Cost Variance	At the end of every project phase
Earned Value Management (EVM) & Gap Analysis to determine the Schedule Variance	At the end of every project phase
Project Quality Reviews	Throughout the lifecycle of the project – at regular intervals
Project Quality Audits	Throughout the lifecycle of the project – at regular intervals
Project Quality Inspections	Throughout the lifecycle of the project – at regular intervals

Validation Activity	When
System Integration Testing & Defect Reporting	It will start at in the project execution phase and will continue till the end of the project
Performance & Load Testing & Defect Reporting	It will start at in the project execution phase and will continue till the end of the project
Security Testing & Defect Reporting	It will start at in the project execution phase and will continue till the end of the project
Regression Testing & Defect Reporting	It will start at in the project execution phase and will continue till the end of the project
Smoke & Sanity Testing & Defect Reporting	It will start at in the project execution phase and will continue till the end of the project

• Cost Variance: The cost variance will be calculated by determining the difference between the actual cost and the estimated costs.   
• Schedule Variance: The schedule variance will be calculated by determining the difference between the actual schedule and the estimated schedule.   
• Number of Open Defects in the System: The system release must not have any critical or major defects in the open state.   
• Acceptance & Sign off: The deliverables must be accepted and signed off by all the parties.   
• 360-degree feedback: The resources shall be able to achieve positive feedback on the deliverables and the final release of the project.
• Conflicts and Disputes: The rate of conflicts and disputes must be low.  

Target	Actual Value	Gaps
40%  increase in the quantity/number of bookings	Evaluation at the time of closure will be calculated and the value will be determined	Evaluation at the time of closure will be calculated and the value will be determined
70% improvement in the booking speed	Evaluation at the time of closure will be calculated and the value will be determined	Evaluation at the time of closure will be calculated and the value will be determined
Drop by 35% in costs	Evaluation at the time of closure will be calculated and the value will be determined	Evaluation at the time of closure will be calculated and the value will be determined
46% growth in revenues earned	Evaluation at the time of closure will be calculated and the value will be determined	Evaluation at the time of closure will be calculated and the value will be determined

References

Bilkent,. (2016). Retrieved from https://www.cs.bilkent.edu.tr/~cagatay/cs413/PMBOK.pdf

Brandeis,. (2016). Common Challenges in the Project Life Cycle | Brandeis University. Projectmgmt.brandeis.edu. Retrieved from https://projectmgmt.brandeis.edu/resources/articles/common-challenges-in-the-project-life-cycle/

Clarizen,. (2013). Risk Management – Lifecycle. Clarizen Success. Retrieved from https://success.clarizen.com/hc/en-us/community/posts/203996078-Risk-Management-Lifecycle

Dds,. (2016). Retrieved from https://www.dds.ca.gov/ConsumerCorner/MakeComplexintoSimple/AdaptationSamplesMeetingRulespg9-16.pdf

Francis, D. & Horine, G. (2016). The Purpose of the Project Charter | PMP Exam Cram: Project Initiation | Pearson IT Certification. Pearsonitcertification.com. Retrieved from https://www.pearsonitcertification.com/articles/article.aspx?p=102300&seqNum=2

Miller, S. (2008). Overview of Measurable Organizational Value (MOV). Retrieved from https://www.sheepguardingllama.com/2008/01/overview-of-measureable-organizational-value-mov/comment-page-1/