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    Software Project Management: Assignment-II

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    The document provides a work breakdown structure for an online learning management system project with three levels of detail. It includes a financial analysis with NPV, payback period, and ROI calculations. A network diagram is presented with eight tasks and critical paths. An example earned value analysis is given for two tasks, calculating earned value, schedule and cost variances, performance indexes, and estimates to complete. The analysis suggests the project will be over budget at its current performance.

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    Software Project Management: Assignment-II

    Uploaded by

    developer fix
    59 views7 pages
    The document provides a work breakdown structure for an online learning management system project with three levels of detail. It includes a financial analysis with NPV, payback period, and ROI calculations. A network diagram is presented with eight tasks and critical paths. An example earned value analysis is given for two tasks, calculating earned value, schedule and cost variances, performance indexes, and estimates to complete. The analysis suggests the project will be over budget at its current performance.

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    Assignment 2 (1)

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    The document provides a work breakdown structure for an online learning management system project with three levels of detail. It includes a financial analysis with NPV, payback period, and ROI calculations. A network diagram is presented with eight tasks and critical paths. An example earned value analysis is given for two tasks, calculating earned value, schedule and cost variances, performance indexes, and estimates to complete. The analysis suggests the project will be over budget at its current performance.

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    © All Rights Reserved
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    59 views7 pages

    Software Project Management: Assignment-II

    Uploaded by

    developer fix
    The document provides a work breakdown structure for an online learning management system project with three levels of detail. It includes a financial analysis with NPV, payback period, and ROI calculations. A network diagram is presented with eight tasks and critical paths. An example earned value analysis is given for two tasks, calculating earned value, schedule and cost variances, performance indexes, and estimates to complete. The analysis suggests the project will be over budget at its current performance.

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    Software Project Management

    Assignment-II
    Submitted to: Madam Isma ul Hassan

    Submitted by: Ashhad Ahsan Rehman (FA17-BSE-027)


    M. Fahad Taufique (FA17-BSE-035)
    Do the following for the Online Learning Management LMS for
    COMSATS project.
    1. Develop a Work Breakdown Structure using tabular format. It
    must be complete up to three levels.

    Level 1 Level 2 Level 3


    1. Online 1.1 Initiation 1.1.1 Requirement gathering from the stakeholders
    Learning 1.1.2 Develop project charter
    Management 1.1.3 Deliver LMS project charter
    System
    1.1.4 Feedback from the stakeholders
    1.1.5 Approval of charter from the stakeholders
    1.2 Planning 1.2.1 Develop the LMS project scope statement
    1.2.2 Choose right people for the project and form teams.
    1.2.3 Hold a meeting before initializing the project
    1.2.4 Develop Project Plan
    1.2.5 Submit Project Plan
    1.2.6 Milestone: Project Plan Approval
    1.3 Execution 1.3.1 A Meeting marking the initialization of project
    1.3.2 Gather User requirements and check feasibility
    1.3.3 Develop LMS design and architecture including
    modules and functionalities implemented
    1.3.4 Gather necessary hardware for development
    1.3.5 Developing LMS according to the strategy agreed
    upon.
    1.3.6 Deploy the LMS system made for testing
    1.3.7 Testing Phase
    1.3.8 Deploy the LMS system to train and get feedback
    from a selected group of users
    1.3.9 Release the LMS system
    1.4 Control 1.4.1 Project Manager overlooks the development phases
    plus the planning phase
    1.4.2 Development status fed to the manager
    1.4.3 Risk analysis and management
    1.4.4 Accommodating new user requirements
    1.5 Closeout 1.5.1 Audit
    1.5.2 Document Lessons Learned
    1.5.3 Maintain Project Record
    1.5.4 Send the record for review and approval
    1.5.5 Archive the record and project documents
    2. Do the financial analysis of the selected project that must include
    NPV analysis, Payback analysis and ROI.

    NPV analysis:
    Suppose we made an initial investment of 10,000 dollars on the
    project and we have discount rate of 10%. The cash flows are given below:

    PV Factor year 1: 1 ÷ (1 + 12%)1 =0.8928


    PV Factor year 2: 1 ÷ (1 + 12%)2 =0.7971
    PV Factor year 3: 1 ÷ (1 + 12%)3 =0.7117

    Year Net Cash Inflow PV Factor Present Value


    of Inflows
    1 $5000 0.8928 $4464
    2 $6000 0.7971 $4782
    3 $8000 0.7117 $5963

    Total Inflow=$15209
    NPV=Total Inflow –Initial Investment =15209-10000=$5209

    Payback analysis:

    Year Costs Cumulative Benefits Cumulative


    Cost Benefits
    0 10000 10000 1800 1800
    1 1500 11500 6000 7800
    2 3000 14500 8000 15800
    3 2800 17300 9000 24800

    As we can see that in the second year our benefits have crossed the
    cumulative cost and in first year, we were pretty close to the cumulative
    cost, we hence conclude that the third year was the payback year.
    Return for Investment:
    ROI= (Net return on investment-Cost of investment)/Cost of investment
    ROI=15209-10000/10000=0.52 (52%)

    3. Make a network diagram of the activities and determine their


    schedule
    Network Diagram:

    Activities Predecessor Duration


    Requirement 6
    elicitation(A)
    Project Charter(B) Requirement 2
    elicitation(A)
    Scope Statement(C) Requirement 2
    elicitation(A)
    Assign tasks to Project Charter(B) 7
    teams(D)
    Project Plan Dev(E) Scope Statement(C), 8
    Project Charter(B)
    User Requirement Project Plan Dev(E), 6
    Gathering(F) Scope Statement(C)
    LMS Design(G) User Requirement 12
    Gathering(F),(D)
    Develop LMS in LMS Design(G) 22
    stages(H)
    Test the LMS(I) Develop LMS in 5
    stages(H)
    Deploy(J) Test the LMS(I) 1

    C H I
    E
    2 22 5
    Start 8
    End
    F G

    6 12 J

    1
    A B D

    6 2 7
    Paths Duration
    A,B,D,G,H,I,J 55
    A,B,E,F,G,H,I,J 62
    A,C,E,F,G,H,I,J 62
    A,C,F,G,H,I,J 54

    4. Do the Earned Value Analysis for the following example.

    Let’s say on March 3rd that is today, after discussions with the applicable
    project team members and inspection of the progress, we determine that the first
    task is 20% complete and the second task is 10% complete

    Calculate the Earned Values for each task

    Earned Value:
    Since task 1 is 20% complete and task 2 is 10% complete so,
    Task 1 E.V=0.2*10000=$2000
    Task 2 E.V=0.1*15000=$1500
    Total=$3500

    Schedule Variance:
    Schedule Variance=Earned Value-Planned Value
    Task 1= 2000 – 3000 = -$1000.
    Task 2= 1500– 0 = $1500.
    Total =$1500-$1000=$500

    The project has a positive SV.

    Cost Variance:
    Cost Variance=Earned Value-Actual Cost
    Task1=2000-4500=$-2500
    Task2=1500-2000=$-500
    Total=$-3000
    The project is 3000 dollars over the budget.
    Schedule Performance Index:
    Schedule Performance Index=Earned Value/Planned Value

    Task 1=2000/3000=0.67
    Task2=1500/0=Nill

    We can ignore task 2 since it has no planned value at this timestamp, we can
    see that task 2 has completed more than half of the work it was supposed to
    do at this point

    Cost Performance Index:


    Cost Performance Index=Earned Value/Actual Cost
    Task1=2000/4500=0.44(Task has spent twice the amount it should have)
    Task1=1500/2000=0.75(Task has spent a little more)
    Total=3500/6500=0.54(The whole project has spent just under twice)

    Estimate at Completion:
    Estimate at Completion= EAC = AC + (BAC – EV)
    Task1=4500+(10000-2000) =$12500
    Task2=2000+(15000-1500) =$15000

    Estimate to Complete:
    Estimate at Completion= (Budget at Completion-Earned Value)/Cost
    Performance Index

    Task1= (10000-2000)/0.44=$18182
    Task1= (15000-1500)/0.75=$18000

    Variance at Completion (VAC):

    VAC = BAC – EAC


    Task1=10000-12500=$-2500
    Task2=15000-15500=$-500
    Reviews:
    Calculations concludes that our project will be severely over budgeted
    if we stay on the same track with the same results, although it is still very
    early to draw solid conclusion, but projections suggest we should make
    amends to get the project back on track.

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