Creating student forum education

Creating student forum education

Creating student forum education. The overall goal is help students and save their time, because Google became a huge research source for students. Some of the information are true and most of the others are false. These are the steps

1. Project Name -You came up with a name for your project team when you developed your team charter. Now you need to come up with a name for your project.
2. Project Team – At this point you should have your project team in place. Be sure to identify your team by its name and list all of the members of your team.
3. Project Description -Provide a brief description of the project. A project description should be written so that anyone unfamiliar with the project can read and understand what the project is about. Include a brief description of the organization and the problem or opportunity that led to
initiating the project.
4. Measurable Organizational Value (MOV) – The MOV is the goal of the project and is used to define the value that your project will bring to your client. It will also be used to evaluate whether your project was a success later on. In reality, you would work very closely with your client in developing an MOV. Your responsibility would be to lead the process, while the client would commit to specific areas of impact, metrics, and time frames. Once the MOV is defined, it becomes the responsibility of all the project stakeholders to agree whether the MOV is realistic and achievable. For the purposes of this assignment, you will have to come up an MOV on your own. You are free to be creative, but please strive to make the MOV realistic. For our purposes, learning how to develop an MOV is an
important process. Use the following process to define your project’s MOV
a. Identify the desired area of impact – At this point, what areas do you think are the most important to your client? Based on Table below rank the following areas in terms of their importance-School of Engineering (TAFE) Business Case, Strategic, Customer, Financial, Operational, Social.
b. Identify the Desired Value of the IT Project -Value to an organization can come from doing something better, faster, or less expensively (i.e., cheaper). Or it can come from growth by doing more of something that it is currently doing (e.g., increase market share). The next step in developing an MOV is identifying the project’s potential value to the organization. In general, an IT project should focus on delivering one or two of the following types of value.
o Better? – Does your project want to do something better? For example, is improving quality important to your client?
o Faster? – Does your project want to do something faster? For example, does your client want to increase speed, efficiency, or reduce cycle times?
o Cheaper? – Does your project want to reduce costs? For example, is cutting costs important to your client?

o Do More? – Does your project want to do more of something? For example, is your client in the growth of something that it is currently doing?
c. Develop an Appropriate Metric -Once you have identified the desired area of impact and value to the organization, the next step is to develop a metric or a number that sets a target and expectation for all of the project stakeholders. For example, if an organization desires to do more of something that is strategic to the organization (i.e., increase market share of a particular product or service), then the organization’s management may feel that an IT project will bring value to the organization if they can grow their current market share from 10% to 25%. On the other hand, a bank may be able to process a loan request within 10 days. By developing and implementing a proposed information system, the bank’s management may believe that it can reduce the cycle time of processing a loan to 24 hours or less. This would allow the company to do something faster operationally. Therefore, it is important to come up with a quantitative target. This target should be expressed as a metric in terms of an increase or decrease of money, percent, or a specific numeric value.
d. Set a Time Frame For Achieving the MOV – Once you have identified the area of impact, value to the organization, and an appropriate metric, you need to set a time frame for achieving the MOV. Keep in mind that this time frame may not coincide with the scheduled completion of the project work. For example, reducing the time to process a loan within 24 hours may be achievable once the system is implemented, but instant growth of market share from 10% to 25% may take a few months. Setting the time frame for achieving the MOV can be determined by asking the question: When do we want to achieve this target metric?
e. Summarize the MOV in a Clear, Concise Statement or Table -The area of impact, value, metrics, and time frame are agreed upon, the MOV should be summarized so that it can be clearly communicated to all of the project stakeholders. The MOV can be summarized in a statement by completing the statement: This project will be successful if ‘…’ On the other hand, a table format may be more appropriate for summarizing the MOV if it has a growth component over two or more time periods. Keep in mind that the MOV should tell everyone what the project will achieve, not how it will be achieved. The MOV should focus on the organization, not the technology that will be used to build or support the information system. School of Engineering (TAFE) Business Case
5. A Comparison of Alternatives -To keep things simple, you may consider only three alternatives for your client: maintain the status quo (i.e., does nothing), purchase a software package, or build a custom system. Using the Web or library, determine whether any software packages currently exist that you think may support your project’s requirements. If more than one exists, then pick one that you feel may be the best option for your client. Compare each of the alternatives based on the following criteria:
a. Total Cost of Ownership (TCO) – This can be only a rough estimate at this time. Later on, you will develop a detailed project schedule and budget that can be compared to your ballpark estimate now. Currently, Husky air has a manual, paper-based system. If your project purchases a software package or builds a system, it will need to purchase three workstations that will be networked to a server. Determine any other hardware and software that the company may need. This will require a reasonable amount of research using the Web, library, or company catalogues to estimate to cost of the hardware and software and to support your initial estimate. Keep in mind that total cost of
ownership should include: All direct or upfront costs, Indirect costs, Ongoing support and maintenance costs
b. Total Benefits of Ownership (TBO) -Total benefits of ownership should include all of the direct, indirect, and ongoing benefits for each proposed alternative. It should focus on: Increasing high-value work, Improving accuracy and efficiency, Improved decision making

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