Project Assignment
The Project is for you to demonstrate that you
1. have obtained an understanding of the main processes and knowledge areas of project management
2. are comfortable with using basic tools to present project assumptions and facts
3. are capable of performing project management main tasks
Project Scenario:
Our IT consulting firm FundTech is partnered with World Food Programme (WFP) to implement an IT system for their fundraising needs. WFP raises private money from corporations around the world and hopes to use this system to help ease its fundraising processes.
This system needs to be easily integrated into each corporation's philanthropy, accounting, and finance systems. It is expected that this system allows corporations to pledge funds, transfer funds, track funds' usage, and generate documents necessary for corporations' reporting needs. It is also requested that this system allows WFP to track the funding processes, to communicate externally with corporations about its funding needs, timing, and processes, and to communicate internally with relevant departments about processes and reports.
From the past experience, we estimated that this project will take about 4 months and cost about $200,000.
Use the knowledge and tools learned in this class, andthe templates used in your group projects to produce the following deliverables:
1. Create a Project Scope Statement on this project;
2. Use MS Project, create an optimized project schedule for the project. First create a task list and arrange the tasks logically, then assign necessary resources to the tasks, assign costs to the resources, establish project baseline, and mark all milestones;
3. Produce a project status report after the first 7-8 weeks (Please assume that not all items are at 100% completion rate at the planned completion time).
4. In the project schedule, please make sure to fill one of the columnwith project cost. Please remember the total cost should be around $200,000 and you should estimate the usage and cost of resources accordingly.
Reminders about the status report:
1. It should have a title and reporting date
2. It should start with a summary of the overall status of the project
3. Schedule status & budget status are the two most important factors: Are we on budget? Are we on schedule?
4. It also should contain a snapshot of the main aspects of a project: which phase we are currently on; how many people are on staff now; what the next steps are
5. Report any major events that may/ may have impacted the budget and schedule
6. Highlight that you might need me, the business owner of this small firm, to know and to make decisions on
7. All data / charts should only be used to illustrate your main points.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.