Create a 1-2 pages and project plan (DONE)
The CIO has also informed you that you must select software development methodology for the company's proposed financial management system. Please choose from the following methodologies and create a software development plan:
• Traditional (Waterfall, Incremental, Spiral, etc.)
• Agile (Scrum, Crystal, Adaptive, Feature-driven, DSDM, etc.)
• Extreme Programming (XP)
You will use the software development model that you selected as the basis for your assignments for the remaining weeks of the course. The initial business requirements for the financial management system are outlined below.
The new system should be an end-to-end enterprise financial management solution designed to meet the needs of the most complex, multinational organizations. The ERP solution should be comprised of a robust set of applications that support all aspects of financial business activities and are listed below:
• Financial and management accounting: Financials provides core accounting and reporting capabilities with scalability to support the requirements of large multinational companies. Key features and functions include the following:
• Fixed asset, accrual, bank, cash journal, inventory, and tax accounting
• General ledger
• Accounts receivable and accounts payable AR/AP
• Fast close functions
• Financial statements
• Parallel valuations
• Financial supply chain management: The module should be a set of applications to help streamline receivables and collections management processes. These integrated solutions should help reduce operating costs and improve cash flow and reduce days' sales outstanding. The application should include the following application functionality:
• Credit management
• Biller direct
• Dispute management
• Collections management
• Treasury applications: The treasury applications should provide robust cash, liquidity, and financial risk management capabilities that enable you to more precisely manage cash, mitigate financial risks, and streamline bank interactions and payment processes. This application should contain the following application functionality:
• Cash and Liquidity Management
• Helps you monitor and manage cash flow and liquidity
• Generates comprehensive and timely cash forecasts and plans
• In-House Cash
• Enables centralized control of banking balances, cash management, and payments
• Reduces costs of interunit payments, transfers, and bank fees
• Treasury and Risk Management
• Models risk scenarios and executes mitigation strategies
• Reduces your organization's financial risk levels and ensures regulatory compliance
• Bank Communication Management
• Streamlines and optimizes corporate-to-bank communications
• Provides straight-through processing, improved payment control, and lower processing costs
Create a 4-5 pages and project plan
Using the financial management software initiative and the project plan that you created in Unit 1 as a base, develop a report for the CIO that will outline how you plan to incorporate the ISO standards and IEEE standards into the overall project development effort. Make sure that you incorporate code review and continuous improvement cycles along with tasks to ensure that the standards outlined are incorporated in the software project plan.
Create a 5-10 pages and project plan
You are now ready to start the development effort for the financial management software. The CIO stopped by your office and stated that before the project could begin he wants you to prepare a risk assessment, human resource plan, and work breakdown schedule for the project for his review and approval. The CIO also wants to validate that you have the appropriate stakeholders identified for the project. Build upon the assignment deliverable from Unit 2 to help you prepare this assignment.
Create a 5-10 pages and project plan
You prepared a risk assessment and human resources plan in the previous week. Based on your previous report and after reviewing the project plan, the CIO has identified several concerns. The CIO has asked you to conduct research on project budgeting and estimation tools. You have been asked to incorporate project estimates techniques using PERT, Analogous, and Delphi into the software development plan. Make sure you also could include a discussion on Metrics as part of the project deliverable.
Also you will be submitting the overall plan, known as the Key Assignment Draft in the upcoming Discussion Board for a peer review. Please make sure your overall plan includes the items mentioned above and these items:
• a company name
• identify a software application/software development project
• determine which software development method you would use and justify your recommendation
• provide an outline of the software development project plan based on the development method you selected
• also include project oversight considerations such as risk management, scheduling, budget, and configuration management
Create a 5-10 pages and project plan
You just presented the software development plan to the CIO with all of the notes and suggestions incorporated from the previous weeks, for final approval. The CIO has reviewed your software development project plan and found that several components were missing. Your task is to use the financial management software project as your base and prepare a report that describes how each of the following will be used to manage the software development effort.
• Scheduling & Tracking Progress
• Dependencies between tasks
• Gantt charts with WBS and Milestones
• Program Evaluation Review Technique (PERT)
• Critical Path Method (CPM)
• Configuration management
• Risk management