3 Assignments (NEED BY 8PM) PACIFIC TIME 3/21/2021

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BSA/425 v1.3

Project Implementation Plan Example

BSA/425 v1.3

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Project Implementation Plan Example

Company Name: Norton bank

Project Proposal

Project Scope Statement
Project Title	Launching an internet bank system
Project Sponsor(s)	Michael Scott Joe Cash Mitch Money Penny Rich
Business Context for the System	Online business systems are essential in the maintenance of a company. They are able to lead to a more formidable system. It is through the online platform that the company is able to generate more revenue. The customers would not be coming into the banking halls, they would be worldwide clients owing to EFT systems that are in place.
Project Scope Description	The Norton bank would like to come up with a more elaborate online banking system. The system is essential in the functioning of the system. The contemporary business environment would lead to a more elaborate system. It is one that is essential and key in the functioning of today’s world. Setting up online infrastructure is key in ensuring that the bank is generating more revenue, the systems that are in place are advanced and more unique in time and in place. Thus, the setting up of more unique and formidable sources of information would come up as a handy system.
Date Prepared	March 1, 2021
Prepared By	James Franco

Problems/Issues/Opportunities the Proposed System Expected to Solve
Problems	Issues	Opportunities
Reduced amount of time in transferring funds.	The customers were forced previously to queue in banking halls. The staff were overworked	Seamless functionality of the system.
High expenditure.	The bank was paying more staff for less work being delivered	A more elaborate appraisal system being in place.
Service outages.	The system can be down. Thus, leading to a more timely and effective response system.	The bank can set up a new platform that would lead to the improvement of the services.
Security Problems.	The online platform faces the risk of being hacked. Thus, the company needs to invest in elaborate mechanisms. It is owing to the needs of the customers that they are able to protect their data. Hacking of data and theft of funds would lead to litigation charges being present.	The bank to purchase an elaborate security system that counters any forms of attacks into the system.

Project Objectives
Project Objective Name	Project Objective Description
Integrate online banking.	The computer systems that are at the bank at the moment are not fully integrated to work online. Thus, customers don’t have a platform in which they are able to bank their money using the online platform. Thus, having the system integrated through the online platform would change the scenario of the bank.
Secure the online systems.	The company needs to beef up the security systems that are in place. The online platform would lead to a more elaborate system. This is owing to the increase in cybercrime industry. The customers would have more opportunities to grow when they have their money safe. They would also save more funds from the platform.
Maximize the online revenue streams by having an efficient mechanism in place.	The online system is observed to be a fast and efficient system. It leads to a more elaborate system. The staff are able to bank easily and at a faster rate as opposed to the human resource system where they greatly relied on the staff to perform the actions.
Increase number of customers by attracting online banking from worldwide clients using EFT systems.	The number of customers have also increased overtime. This is owing to the highly efficient systems that are in place. The brand would be well known. Also, the system would not be highly sophisticated. It would be arising from the needs of the clients. Thus, the bank would set up a system that is highly efficient and easy to integrate.

Project Deliverables
Project Deliverable Name	Project Deliverable Description
Online banking	The online system is needed to adapt to the industry needs at the moment. The bank would like to increase the number of customers that are present at the moment and also in the near future.
User interface	To have an interactive user system that would enable the users to have easy access to the platform. To have a more efficient system that clients would be using when they are transacting and making various connections.
Have secure systems in place	Customers would like to have their data not disclosed to third party websites and systems. It is a more effective and efficient system that would be able to work when the customer has issues.

Project Acceptance Criteria
Project Acceptance Criteria Name	Project Acceptance Criteria Description
Systems functioning	Having the system function in an elaborate manner. All executions that have been entered are reviewed and channeled to the server correctly. Error detection at the first stage.
Approval of the system	The bank Information Technology team approves the platform. Customers second the use of the system. The board approves the content.
Security channels	The platform is not able to leak any critical information. The information that is released from the platform is trusted by all means.
Customer satisfaction during the testing phase.	The customers that get to test the system during the pilot phase give better reviews of the system. The system is perceived as highly elaborate.

Project Exclusions
Project Exclusion Name	Project Exclusion Description
Project is non profit	The project is meant to be for profit.
Staff are redundant	The staff are not redundant once the system is put in place. They would have a means of being listened to at all times and also incorporated in using the system.
Safety needs are not met	The bank doesn’t look down upon any systems of information that are being made available during the project inception.

Project Constraints
Project Constraint Name	Project Constraint Description
Effective system developers	Developers have a means of slowing down the project by not working according to timelines.
Changing systems	The system ought to change owing to new infrastructure.
Human resource	The staff need to be also trained on how to use the system.
Down time	The system is likely to experience downtime.

Project Assumptions
Project Assumption Name	Project Assumption Description
Customers would like the system	Customers want a bank with online banking systems.
It would be a highly interactive system	The system that is developed is highly interactive.
Customers have a wide base.	More customers to the banking business.
Internet banking is the modern approach in business	It is an efficient and effective approach in the modern world.

Project Methodology

Project inception meeting

Project design

Project testing

Project implementation and roll out.

High-Level Work Schedule: Project Scope

Description of Work

Assumptions and Constraints

Customers want a bank with online banking systems.

The system that is developed is highly interactive.

More customers to the banking business.

It is an efficient and effective approach in the modern world.

Effective system developers

Changing systems

Human resource

Down time

Customers would like the system

It would be a highly interactive system

Customers have a wide base.

Internet banking is the modern approach in business

Milestones

Due Dates

1st month Project inception meeting

2nd Project design

3rd Project testing

4th Project implementation and roll out.

Last week of every month.

ID	Activity	Resource	Labor Hours	Labor Rate	Labor Total	Material Units	Material Cost	Material Total	Total Cost
1st month Project inception meeting	Meeting	Management Board Developers	160	USD 300	300	TBD	N/A	0	300
2nd Project design	Designing project	Developers IT team	160	USD 1000	1000	Software Internet Cables Human resource	50000	50000	51000
3rd Project testing	Testing	Developers IT team	160	USD 500	500	Software Internet Cables Human resource	400	400	900
4th Project implementation and roll out	Implementing and roll out.	Developers IT team Staff customers	160	USD 1300	1300	Software Internet Cables Human resource customers	300	300	1600

Quality Requirements

Having the system function in an elaborate manner.

All executions that have been entered are reviewed and channeled to the server correctly.

Error detection at the first stage.

The bank Information Technology team approves the platform.

Customers second the use of the system.

The board approves the content.

The platform is not able to leak any critical information.

The information that is released from the platform is trusted by all means.

The customers that get to test the system during the pilot phase give better reviews of the system.

The system is perceived as highly elaborate.

Acceptance Criteria