week 2_2

Problem 1

Susmitha Kadiyala

University of Cumberland’s

Business Case

The project fits the four (4) elements of the project

Project management is a fundamental aspect within an organization in creating sustainable and improved performance. Specifically, the project is to acquire a new and modified data system for an organization in ensuring effective organization, customers, employees, and stakeholder information management improvement. Specifically, the project will accommodate fundamental articulation on new information technologies and emerging issues for the effective creation of a modified data system for the XYW organization's information management system. Additionally, the project is to take the budget of $1,500,000 and a period of 1 year for effective outcomes. According to the authors, the project entails elements such as a new, time frame, interdependent task, and creation of a new product (Kloppenborg et al. 2019). Similarly, explaining how the project of acquiring a new n modified data system for XYW Company meets the four first of the project.

Firstly, the project resonates with a new product that XYW Company takes for effective improvement in data management and decision-making because data is a vital asset for an organization. Noteworthy, the XYW Company presents the project to develop a new product in a data management system for effective data gathering, processing, storage, and transmission to incase efficiency, privacy, and accuracy, and security issues. Therefore, the project resonates with Kloppenburg’s articulation of the first element of a project.

Consequently, time frame s one fundamental fit for a project that resonates with fundamental scheduling, planning, and budgeting for effective project management and performance. Notably, the project planning will involve selecting and initiating, planning, executing, closing, and realizing the impact of the new data system for the XWY Company. Furthermore, the project takes 1 year with a budget of $1,500,000 and scheduling of the activities at a specific and timeframe for work processes and management process in the project.

Thirdly, the project to acquire a new and modified data system for the Company accommodates significant and interdependent tasks activities. Specifically, there is an interdependent task in the project including informing stakeholders of the need to have a new and modified data system of the organization, controlling the project scope, assigning the team to accommodate technical, analytical, and expert involvement, use of proactive strategies, training employees and organization on the new data system and testing and monitoring for performance suitability. Thus, the project accommodates interdependent tasks and workflow in the project for effective performance outcomes.

Finally, the project to acquire a new and modified data system for an organization will create a new information management system for the organization resulting in a unique information system. Specifically, the project will accommodate analytics, big data, and automation concepts for decision-making support in an organization, resulting in an integrated, modified, and new data system for the organization. Thus, the project will accommodate the fourth fit element of a project in creating a new product or service towards an improved information management system.

Descriptive Project Title

The XWY Company project is to acquire a new and modified data system from traditional business intelligence to integrated analytics, big data, and automation for the improved information management system.

Business Case

XWY Company is a company that deals in customer-based product ordering and delivery using online platforms. Data is a critical asset for the Company to provide an effective decision on customers' perceptions, needs, experiences, and satisfaction through feedbacks. Similarly, the Company store sensitive data for customers that require a robust data system for effective information management. The project to acquire a new and modified data system will give a real-time solution to customers, organizations, and employee data management systems for robust privacy, security, and effectiveness in decision-making. Notably, acquiring a new and modified data system for the Company will require IT resources, technicians, and devices including new computers, software, and network.

References

Kloppenborg, T., Anantatmula, A., Wells, K. (2019). Contemporary Project Management, 4E. Cengage Learning