WK3 Apply - Supporting Research

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Project Plan Draft BSA/425 v1 Page 1 of 7

University of Phoenix Material

Project Plan Draft

Instructions: Fill out each of the sections below with information relevant to your project. Be sure to include the company name associated with your project.

Financial Management Company (FMC)

Project Plan Draft

Network Technology Recommendations

Network Technology Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
LAN	Local Area Network	Network within the SBA Bank locality
MAN	Metropolitan Area Network	Networks that will allow LAN to be connected with other networks withing the Bank Location
WAN	Wide Area Network	Network that will extend over a large geographical area

Network Technology Recommendation

Recommended Network Technologies	Description	Benefits	Aggregate Selection Criteria Score
Backup Storage Mechanism	Ensuring that there is adequate backup storage mechanisms for backing up company’s files.	Will ensure that data can be recovered easily in the event of any eventuality	7
Software Installation	Installation of the necessary software such as Network Operating system, among others	Providing a platform for communication and accessing the required resources	7
Hardware Requirements	Ensuring that there is availability of the required hardware components for the Bank	Having hardware that will support the company to process and store customer’s data	7

Network Technology Vendor Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
Organizations Requirements	Identifying the team that will help the company to grow and meets its objectives	4
Contracts	Outsourcing some services by providing different level of support required to meet its objectives	5
REPS	Working with companies who will work to the best interest of SBA	4

Network Technology Recommended Vendors

Vendor Name	Vendor Strengths	Vendor Weaknesses	Products / Services Provided To Project	Aggregate Selection Criteria Score
CISCO Ltd	Excellent Strength in Networking devices	Higher Price	Excellent and Productive Products and Services	4
MICROSOFT	Operating System Software Packages	Online Customer Support	Excellent Products and Services	4

Network Technology Deployment Challenges

Deployment Challenge	Deployment Challenge Description
Complex Configurations	There are several configurations needed for the application to start working effectively

Technology Adoption Methods

Method Name	Method Description
Upgrading of Applications	Ensuring that all the applications or software are u to date to ensure no bugs and malicious items

Cost/Benefit Considerations

Benefits	Costs	Considerations
Hiring only one or 2 people to operate this application	20000	Academic Qualifications and Professional Experience

Database System Recommendation

Database System Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
Visualization and Reporting	The selected database management system must allow visualization of data and reports needed	Considering an application system with user friendly interface and ease to use (7)
Cost and Suitability	The database system must be cost friendly and suitable to the needs of the business	Selecting the best and cheapest database system in the market (5)

Database System Recommendation

Recommended Database System

Description

Benefits

Aggregate Selection

Criteria Score

Secure Database System

The system must be secure allowing authentication for the users with different roles depending on access level

Data Encryption Standards are allowed

7 Support and Development

Database system that offers support from the developers especially in the case of crisis

24/7 customer support and user manuals

8

Database System Vendor Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
Quality of Product and Service	Selecting the vendor who can offer high quality products or services such as software and hardware resources	9
Recommendation from others	Selecting database system based on the recommendation from other guys who have used such a system in the past	8

Database System Recommended Vendors

Vendor Name	Vendor Strengths	Vendor Weaknesses	Products / Services Provided To Project	Aggregate Selection Criteria Score
Oracle	Market Dominance	Day’s inventory is higher as compared to the competitors	Oracle Database Management System	7

Database System Deployment Challenges

Deployment Challenge	Deployment Challenge Description
Complex Configurations Required	Require a lot of configurations for both the system and server.
A lot of Testing are needed	Due to several configurations, several configurations must be made such as SMTP configurations, TLS and SSL

Technology Adoption Methods

Method Name	Method Description
Deployment of ERP	Deploying the system from the scratch and setting up the required predefined systems

Cost/Benefit Considerations

Benefits	Costs	Considerations
Easier of use and efficient	15000	User friendly and secure platform

Software Application Recommendations

Software Application Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
Licensed Software	Software will be licensed to ensure it is genuine and not counterfeit	8
Cost	Selection of the required software package that are cheaper	7

Software Application Recommendation

Recommended Software Application

Description

Benefits

Aggregate Selection

Criteria Score

MySQL

MySQL is the most recommended database due to its application

Easier to use and configure and highly secure

8

Software Application Vendor Selection Criteria

Selection Criteria Name	Selection Criteria Description	Selection Criteria Value (Weighting In Points)
Expertise	Selection of the software application from experienced vendor	8
Pricing	Selection of the software application that are not expensive	7

WK3 Apply - Supporting Research

Financial Management Company (FMC)

Project Plan Draft

Network Technology Recommendations

LAN

Local Area Network

Network within the SBA Bank locality

MAN

Metropolitan Area Network

Networks that will allow LAN to be connected with other networks withing the Bank Location

WAN

Wide Area Network

Network that will extend over a large geographical area

Backup Storage Mechanism

Ensuring that there is adequate backup storage mechanisms for backing up company’s files.

Will ensure that data can be recovered easily in the event of any eventuality

7

Software Installation

Installation of the necessary software such as Network Operating system, among others

Providing a platform for communication and accessing the required resources

7

Hardware Requirements

Ensuring that there is availability of the required hardware components for the Bank

Having hardware that will support the company to process and store customer’s data

7

Organizations Requirements

Identifying the team that will help the company to grow and meets its objectives

4

Contracts

Outsourcing some services by providing different level of support required to meet its objectives

5

REPS

Working with companies who will work to the best interest of SBA

4

CISCO Ltd

Excellent Strength in Networking devices

Higher Price

Excellent and Productive Products and Services

4

MICROSOFT

Operating System Software Packages

Online Customer Support

Excellent Products and Services

4

Complex Configurations

There are several configurations needed for the application to start working effectively

Upgrading of Applications

Ensuring that all the applications or software are u to date to ensure no bugs and malicious items

Hiring only one or 2 people to operate this application

20000

Academic Qualifications and Professional Experience

Database System Recommendation

Visualization and Reporting

The selected database management system must allow visualization of data and reports needed

Considering an application system with user friendly interface and ease to use (7)

Cost and Suitability

The database system must be cost friendly and suitable to the needs of the business

Selecting the best and cheapest database system in the market (5)

Secure Database System

The system must be secure allowing authentication for the users with different roles depending on access level

Data Encryption Standards are allowed

7

Support and Development

Database system that offers support from the developers especially in the case of crisis

24/7 customer support and user manuals

8

Quality of Product and Service

Selecting the vendor who can offer high quality products or services such as software and hardware resources

9

Recommendation from others

Selecting database system based on the recommendation from other guys who have used such a system in the past

8

Oracle

Market Dominance

Day’s inventory is higher as compared to the competitors

Oracle Database Management System

7

Complex Configurations Required

Require a lot of configurations for both the system and server.

A lot of Testing are needed