edSe275 ms project-assignment
- 1. 1 | P a g e #MSPROJECTASSIGNMENTHELP For Help Contact Information: Harinath Reddy Phone: +91-9502542081(IND) (Whats App, Viber) phone: +1-2089086040 (US) Email: harinath.infotech@gmail.com ICT Product development Project plan: A case of CQ Video Company
- 2. 2 | P a g e Table of Contents 1. Project background .....................................................................................................................3 2. Assessment Part A.......................................................................................................................4 2.1 Critical path tasks of the project ...........................................................................................4 3. Memo to Director of product development ..................................................................................6 4. Risk Management........................................................................................................................9 5. Approach of project budget reduction........................................................................................10 6. Approach for better project management strategies...................................................................11 7. Better qualityin product development.......................................................................................12
- 3. 3 | P a g e 1. Project background Always a proper project management plays a crucial role in deciding the overall success of any project execution. Prior planning of all the project activities is required across developing a project plan and in general various assumptions, attributes and constraints are considered. Assumptions made over the project management plan will be based on the available resources and infrastructure at the time of project management plan development and in future. Resource requirements are also estimated against the duration to complete a specific task across developing a typical project management plan. A case with CQ Video Company is considered over developing the project plan, where a typical Gantt chart, Tasks and their descriptions, resource requirements, time duration and budget planning is done based on the inputs provided. MS Project management Professional 2010 tool is used to plan the desired project and the corresponding questions raised over the case study are answered in detail and given below
- 4. 4 | P a g e 2. Assessment Part A 2.1 Critical path tasks of the project Based on the project plan prepared against the project requirement using the MS project management software, few critical path tasks are identified and they are as listed below Critical Path Tasks CQ Video Company Milestones M1 Completion of Concept review M2 Completion of Design and review P1 Prototype Building P2 Prototype Building M3 Review of Final Design M4 Review of Product Launch Workshop planning Electronics 1.4 Verification tests for all the electronics—P1 1.5 Improvements over Circuit design---P2 Software Mechanics
- 5. 5 | P a g e 3.1 Industrial Design 3.2 Modifications to existing PWB outline 3.3 Design of mechanical CAD system---P1 3.4 Analysis of stack tolerance 3.5 Analysis of mechanical tasks---P1 3.6 Modifications to the existing mechanical parts—P2 Verification 4.2 Testing of respective components 4.5 Validation tests for the products 4.6 Compiling technical construction file 4.7 Approval tests and regulatory tests Prototype 1 Build 5.1 Lead time of all the components is calculated 5.2 Manufacturing and delivery of PWB 5.5 Build of Prototype---P1 Prototype 2 Build 6.1 Lead time of all the components is calculated 6.2 Manufacturing and delivery of PWB 6.4 Lead time calculation of mechanical parts 6.4 Build of prototype---P2 Production of devices for market or customer 8.1 Preparation of production and assembly lines 8.2 Device production Table 2.1.1: Table showing the critical path tasks of the project Resource over allocation issues over the current project are created over the file CQVideoPartA1.mpp and CQVideoPartA2.mpp. All the possible additional milestones are added
- 6. 6 | P a g e over the part2 of the MS Project file created and attached and the respective snapshot is as shown below Fig 2.1.1 Milestones and project activities of CQ Video project management Gantt chart CQVideoPartA1.mpp Fig 2.1.2: Milestones and project activities of CQ Video project management Gantt chart CQVideoPartA2.mpp 3. Memo to Director of product development
- 7. 7 | P a g e Memorandum CQ Video Company Subject: Detailed Project Schedule To: Mr. Product (Product development director) From: Project Management Team Based on the previous discussion the first milestone of the project is due on 5th September 2014,l and from the core analysis of the proposed product development plan, respective project plan which includes the resources, time constrains, budget and Gantt chart is prepared and is as attached. It is expected that the entire project will be completed by 1st April 2014 based on the total milestones set, resources and budget available. Project manager is responsible in this context, to ensue, all the human capital and budget is completely available through the project execution plan. A total of 148 to 155 days will be taken to complete the entire proposed project including all the risks and possible assumptions consideration. Each and every milestone is divided into number of sub tasks and the critical paths tasks are also identified as a part of the core project risk analysis and as attached. Based on the time and resources available, it is estimated that the total budget would be around $293920 in the best possible case. There are few alternatives to reduce the budget without effecting the resource allocation and would be provided in the next memo. A brief snapshot of the of the possible labor cost is as provided Tasks Estimated Cost Workshop planning $ 8,320.00
- 8. 8 | P a g e Electronics and related components $ 31,920.00 Software module development $ 136,480.00 Mechanics integration $ 35,200.00 Verification and testing $ 28,800.00 Build Proto1 $ 9,600.00 Build Proto2 $ 9,600.00 Documentation of the milestones and deliverables $ 14,000.00 Production customer associated devices (Estimate for 50 units) $ 20,000.00 Total estimate of the project $ 293,920.00
- 9. 9 | P a g e We are also attaching the entire project schedule as discussed over the memo, please find the same and revert in case of further queries or issues. Regards Project Management Team 4. Risk Management In general every project includes both pros and cons and thus estimating the possible risks in prior to milestone or project schedule is equally important in associating with the corresponding resource allocation strategies. When the current case of CQ Video Company is considered, there are number of tasks and milestones involved and thus the chances of risks will be also high. In general these risks can be in the form of resource allocation, deadlines, lack of infrastructure related components like electronics, software or mechanics and improper allocation of time against the targets and milestones set. Following are few of the possible risk assumed and they are discussed as below Concept review is the first milestone as per the current case and the main risk associated in this context, is that previous or existing product development plans and documents should be in a proper format, such that the respective milestone can be delivered on time i.e., 5th September 2014. If there is any delay in gathering the required information, milestone M1 will be effected, which will have potential impact over rest of the deliverables and milestones of the developed product development project plan Another complex risk associated with the current product development project plan is that, a sequential project management plan is followed against delivery of each milestone
- 10. 10 | P a g e and if there is delay with any of the tasks, entire project delivery will be affected. The best example that can be considered over is that, delay in resource allocation will complete effect the production of number of units required and this can be handled with a proper critical path analysis against the respective tasks There are some risks associated with the external suppliers in terms of delivering the required components related to electronics, software and mechanics. Thus the respective risks can be reduced with proper supply chain management strategies. 5. Approach of project budget reduction From the analysis of the project plan and Gantt chart prepared against resource allocation, time constraints and budget allocation against each and every milestone and deliverable, it is noted that the total estimate of the project is around $293920. The overall estimated budget can be further reduced or optimized in few interesting ways against applying the sophisticated budget and project scheduling and few assumptions are considered in this context and they are as listed below Production Engineers and Mechanical Engineers can be increased to two each, so that even the payout increases, the products can be developed quickly and lot of infrastructure budget can be optimized in this context and this can be around $1298. As per the current project and budget schedule, the total estimate allocated for testing and documentation is around $42000 and this can be reduced by involving the trainees over the project deliverables and ensure they document a milestone in parallel to the actual development.
- 11. 11 | P a g e Testing cost can be reduced by adopting few automation testing techniques, which can be embedded against the project tasks deliverables and thus total time and cost for verification, testing and documentation can be reduced up to 28% If the mechanical part modification process can be optimized, the overall cost incurred against the corresponding task can be reduced to 20%. This can be achieved by buying the respective parts from Quality of Service based supplier or vendor. Cost incurred for Software development can also be reduced by outsourcing few of the modules or purchasing the existing popular web services in the respective fields. This approach will reduce the budget allocated against Software development to 15-25%. Agile and Scrum based project management can be adopted over the current proposal of product development and thus the overall project budget can be reduced further to 30% by avoiding rework on the respective deliverables or testing or documentation. 6. Approach for better project management strategies Based on the project management plan, Gantt chart, resource allocation, budgeting and time schedules prepared against the proposed project development, it is clear that each and every project activity is given ample priority and was allocated with required number of resources and budget. Apart from the current project management strategies applied and stimulated, there is scope to improve the respective strategies and few of them are as listed below The project management plan prepared in the current case is purely based on prototype, Rapid application development and waterfall methods. With these approaches the risk of maintenance issues and design mismatch are high irrespective to the quality measures considered. Thus the respective process can be improved by adopting the Agile project management framework
- 12. 12 | P a g e From the current project management plan associated with the product development, it is observed that, lot of attention is given towards the milestone activities and production activities. In future 4 to 5 Prototype builds can be released using regular scrum patterns of Agile Project management strategies and thus the quality of the product development and project management can be further enhanced. 7. Better quality in product development Utter most care is taken in the current context to deliver the milestones and project activities. Still there is scope to deliver better quality in terms of project management and product development and few of the important points are given below after a detailed review of the current project plan developed
- 13. 13 | P a g e Design, Development and Implementation of the Software modules or activities can be outsourced or purchased in the form of web services, such that over time will be saved and better Software quality is ensued Production of few electronic and mechanical components can also be improved in terms of quality by engaging Quality and Test engineers, where the traditional approaches of testing and bug fixing can be replaced with latest automated testing tools like Selenium. Entire project management strategies adopted currently can be replaced by sophisticated techniques of Agile and SCRUM framework, such that better quality is possible in product development and milestone deliverables as well. #SystemDesignAssignmentHelp #NetworkDesignAssignmentHelp #CyberSecurityAssignment #AssignmentHelp #MSPROJECTASSIGNMENTHELP #ManagementAssignmentHelp #AssignmentsHelp #ProjectsHelp #HomeworkHelp #DissertationsHelp #ThesisHelp #AcademicAvenue #AcademicsHelp #FrustratedWithAssignments #MarketingAssignmentHelp
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