Software Project Management Past Year Paper free essay sample

Faculty of Information and Communication Technology (FICT) Universiti Tunku Abdul Rahman (UTAR) Software and Project Management UCCD2033 Group Assignment 1 – The Business Idea and Project Management Plan THE TEAM Form a team of FOUR(4) persons. THE BUSINESS IDEA The team must submit an outline of an ORIGINAL innovative business idea that addresses the existing information technology market needs or explores the new market niche. The business idea must be based on a software product that create income or value to the IT company that you are working with. The idea will be judged based on the originality of the idea (uniqueness), a creative approach in the business strategy, commercial viability and prospect of grow. The proposed software system can be standalone, web-based, or enterprise-wide, so long as it creates value to the targeted market. Produce a detail, simple-to-understand and clear scope statement in 1-paragraph and maximum 300 words. Produce word count in a new line. We will write a custom essay sample on Software Project Management Past Year Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You should state precisely your target market and justify why you think this group will want to source for your product. Include as much as possible other important details. (5 marks) 2. Section 2. 0: Product and service description. Include some diagram/illustration/picture to show what exactly can your proposed system do. (5 marks) 3. Section 3. 0: Cost breakdown structure.Assume the sponsor approved an initial budget of RM150,000 for your proposed project, outline the initial cost breakdown accordingly in at least 10 distinct areas by showing clear calculations on how the figures are derived. (5 marks) 4. Section 4. 0: Technology description. Perform an online research to find suitable and relevant information technology algorithm/method that can be used to implement the core component of the proposed system. Include at least THREE(3) research papers (not older than 2006) to support your description in this section, by summarizing each of the author’s proposed algorithm or method used in similar area.The research papers must be attached in Appendix of the report. Proper referencing in body text and reference section should be observed. (10 marks) 5. Section 5. 0: Financial analysis. Calculate NPV, ROI, IRR and payback period for your proposed project, assuming the project life is 6 years. Show clearly how each figure is derived, particularly the benefit, cost, and all the rates used. Compare your results with another chosen group with clear justification on why your project has to be selected. (5 marks) 6. Section 6. 0: Gantt chart.Create a Gantt chart using MS-Project 2003/2007. Show all types of task dependencies and at least 5 milestones. (5 marks) 7. Section 7. 0: Integrated change control. Assume the sponsor suddenly informed you of the bad news that the company was cutting down on IT spending due to uncertain economic condition in the country. The approved budget was now RM120,000, a drastic reduction of 20%. Show what would be performed to update changes pertaining to cost and timeline. (10 marks) 8. References, report format and appendix. (5 marks) Hand-in Date:Distribution Date: 19th January 2011 The assignment should be word-processed and hand-in by: 3rd March 2011 (6 weeks) Plagiarism: Plagiarism is seen as a serious cheating issue. Do not do it. Those who are caught to copy or allow others to copy part of or the entire work will be given a ZERO for this assignment. Assessment Criteria: The assignment contributes to 10% of the total marks graded in this unit. Students who fail to submit their work by the due date will be given a ZERO.