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Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social

Assessment item 3
Charter Value: 30%
Submission method options Alternative submission method
Task
You are to prepare and submit Assessment 3 as an individual, based on the Virtucon/Globex scenario, and your peer to peer learning from Assessment 2.
You are required to develop a charter for the Project including:
Include the Project description and overview you developed as part of Assessment 2.
Part One:
MOV - Measurable Organisational Value
(This is the goal of the project and is utilised to define the value that your team project will bring to your client)
• Identify the desired area of impact - Rank the following areas in terms of importance: Strategy /
Customer / Financial / Operational / Social
• With reference to your project, identify one or two of the following types of value:
Better - is improving quality important to your client?
Faster - does your client want to increase efficiency?
Cheaper - is cutting costs important?
Do more - does your client want to continue its growth?
• Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It isimportant to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.
• Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve thistarget metric?
• SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE
(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).
Part Two:
Define Scope and produce a Scope Management Plan
Define the scope of the project and detail how the scope will be managed.
Provide a list of Resources
Identify and detail the resources for the project using MS Project where appropriate, including:
People (and their roles), plus any extra personnel that is required for the project.
Technology - any hardware, network and software needs to support the team and your client.
Facilities - where will most of the teamwork be situated? Other - for example, travel, training etc.
Part Three:
Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It should include:
Milestones for each phase and deliverable
This will tell everyone associated with the project that the phase or deliverable was completed satisfactorily.
Activities / Tasks
Define a set of activities / tasks that must be completed to produce each deliverable.
Resource Assignments
Assign people and resources to each individual activities.
Estimates for Each Activity / Task
Develop a time estimate for each task or activity to be completed.
Part Four:
Project Risk Analysis and Plan
Document any assumptions you have made about the project
Using the Risk Identification Framework as a basis, identify five risks to the project – one for each of the five phases of the methodology.
Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk.
Part Five:
Quality Management Plan. It should include:
A short statement that reflects your team’s philosophy or objective for ensuring that you deliver a quality system to your client.
Develop and describe the following that your project team could implement to ensure quality;
A set of verification activities
A set of validation activities
Part Six: 550 words
Closure and EvaluationResearching for the closure checklist and project evaluation
a. To prepare for this task, you will be required to provide an annotated bibliography.
Write an Annotated Bibliography for three (3) relevant texts or readings around project evaluation. The Annotated Bibliography is a critical examination of the most relevant, recent and scholarly research on the topic area that is not just a summary of the articles you have read.
You will submit this as an appendix to your project evaluation documentation.
Ensure that the AB submitted by you is your own work and has not been submitted elsewhere and comply with the University's requirements for academic integrity.
Use the following resource to guide you around the research tools:
http://student.csu.edu.au/__data/assets/pdf_file/0009/186444/annotate1.pdf http://libguides.csu.edu.au/itc
b. Develop a closure checklist that the project team will use to ensure that the project has been closedproperly.
c. Develop a project evaluation –outline and discuss how your project’s MOV will be evaluated.
Submit your assignment online via Turnitin in the nominated class. Turnitin details for the individual classes would be provided on Interact2.

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