It's IT project management homework
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( Assignment 2 Deadline: Day 4 /11 / 2017 @ 23:59 [Total Ma rk for this Assignment is 5 ] ) ( IT Project Management IT270 )
( Instructions: This Assignment must be submitted on Blackboard via the allocated folder. Email submission will not be accepted. You are advised to make your work clear and well-presented , marks may be reduced for poor presentation . You MUST show all your work . Late submission will result in ZERO marks being awarded. Identical copy from students or other resources will result in ZERO marks for all involved students. This is an individual assignment. ) ( Student Details: Name: ### CRN : ### ID: ### )
Please read the simple scenario carefully for the project, and answer the following questions:
Video Store Project
Case Study Description
A video store sells and rents videos to people. A person must be a store member to rent from that store. On other word, a person who has a membership card may rent from the store while anyone can buy a video.
Members can reserve videos for rent if all copies of it are currently rented. When a video is returned, the member will be called and the video held for up to 3 days, after which the reservation will be cancelled if unclaimed. Rental fees ($2 for 2 days) are paid at the time of rental. Late returns are fined (at $1/day), and fines must be paid before another video can be rented.
A limited stock of videos is kept for sale, but a member can order a video for purchase.
You are to build a system to support the operations of this business.
Three different parties will use this computer system: the store clerk, the customer, and the store manager.
· The clerk will add new members and rent out and return videos on behalf of members, including collecting payment of fees. The clerk may warn members several times for late returns.
· The customer can search for titles (by name) and can place reservations for titles. Members can subscribe themselves for new title notifications.
· The manager can add new titles and video copies, and print out various reports and statistics.
College of Computing and Informatics
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Case study |
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( Learning Outcome(s): Understands the process of creating a work breakdown structure using the five project management process groups illustrated by a Gantt chart. ) ( 2 Marks )Question One
Use Project Manager to develop WBS and draw a Gantt chart for the video store organized by the five project management process groups (similar to Figure 5-6). The project should start on 1/11/2017 and end on 31/1/2018. Tasks under executing include: System design, Database Design, and Inventory.
( 1 Mark ) ( Learning Outcome(s): Describe the five project management (PM) process groups, the typical level of activity for each, and the interactions among them . Review a case study of an organization applying the project management process groups to manage an information technology project . )Question Two
What are the risks that could be associated with implementing this project? List at least 4.
( 1 Mark ) ( Learning Outcome(s) : Explain the strategic planning process and apply different project selection methods . )Question Three
Perform an NPV financial analysis for the mentioned project using the manual method. Assume that the projected costs and projected benefits for this project are spread over three years as follows:
· The estimated costs are $85,000 in Year 0 and $30,000 each year in Years 1, and 2.
· The estimated benefits are $0 in Year 0 and $90,000 each year in Years 1, and 2. Use 10 percent discount rate, and round the discount factors to two decimal places.
You must calculate the NPV manually and show your work using a table.
( 1 Mark ) ( Learning Outcome(s): Discuss methods for collecting and documenting requirements in order to meet stakeholder needs and expectations )Question Four
List the different methods that could be used for collecting requirements for the above case study. List at least 4 different methods.
