Global Poverty

Global Poverty Order Description there are two methods of reducing global poverty. 1) Redistribution of Incomes across nations or 2) Economic growth. Review Rostow's Stages of Development and study the stages nations pass through during economic development. Identify a specific nation that is currently suffering from extreme or severe poverty and answer the following questions on the discussion forum. What steps should the government of that nation take to move along these stages of development? Specifically address fiscal, monetary and trade policy, and legal issues. What is the role of the US (citizens and government) in reducing global poverty? Share something you learned about GDP Growth and Supply Side Policy that could be applied to this nation. ___________________________________________________________________________________________ Unit 303 – Project Management Introduction Project management is a method used to organize tasks; it uses a structured framework to help a group work productively. We use certain tools to track progress relative to plan and to further aid in task sequencing, resource allocation and scheduling. This project involves establishing a day care centre in ADU campus to satisfy the need of faculty and students. As ADU is located far from the city and mothers access to their siblings is very difficulty a need has arose to open this facility. Sample Assignment: Part of the content removed The next two phases – Executing – and – Delivering – cannot be practiced due to lack of time. However, we will be running through those phases in the coming 4 – 5 months as we proceed in the project. Under the first two phases we have main topics to cover as follows Defining Planning 1 Goals Schedules 2 Specification Budgets 3 Tasks Resources Sample Assignment: Part of the content removed 4 Unit 303 – Project Management Project Description: LBS service gives business customers the ability to send SMS, MMS to the handsets of end users who are located in a particular area in UAE. Thus, the main advantage of this service is the facility to send SMS targeted towards a specific area Sample Assignment: Part of the content removed Document will outline the project specification from defining, planning, execution and closing perspective to deliver location based advertising platform, which will enable business customers in UAE a new advertising tool. (Projectmanagementdocs.com. 2014) Defining Phase: Goals: Location based advertising platform shall grant businesses (SMBs and Enterprises) the following opportunities: 1. Enabling the Corporate with a new direct market communication tool to reach their clients Sample Assignment: Part of the content removed 4. Propose and attractive pricing packages that compete with other conventional media channels like press adds, e-mail, TV and radio Ads. 5. Generate incremental revenues by 8 million AED. (Projectmanagementdocs.com. 2014) Project Specifications Project shall include defined specification to deliver a successful location based platform. The Project constitute of Commissioning and supply of platform after Vendors evaluation, implementation, Testing and communication plan to go to market. 5 Unit 303 – Project Management Project Stakeholders Stakeholders Expectations/Management approach IT & Telecom Director Participation in Evaluation Committee, Design the provisioning process Finance Director Participation in Evolution Committee, Release and follow up payment to Selected Vendor Sample Assignment: Part of the content removed Sample Assignment: Part of the content removed Marketing Manager Prepare the media plan for targeted business customers Project Manager Assure all Project Defining, Planning, Execution and Closing stages in place Design Engineer Design the appropriate structure for the platform 3.4 Responsibilities Action Project Manager Design Engineers Implementation Manager Training Leads UAT Contracts& Legal Director Requirements Gathering A R R C C I Coding Design A R C C I Coding Input A R Software Testing A R C I I Network Preparation A C R I I Implementation A C R C C C Conduct Training A R C C 6 Unit 303 – Project Management Key: R – Responsible for completing the work A – Accountable for ensuring task completion/sign off C – Consulted before any decisions are made I – Informed of when an action/decision has been made (Projectmanagementdocs.com. 2014) Sample Assignment: Part of the content removed 4.Planning Phase: 4.1 Project Schedule 4.1.1 Work Breakdown Structure 7 Unit 303 – Project Management Location Based Advertising Platform 1.0 Request For Proposal 1.1 Evaluation 1.2 Implementation 1.3 User Acceptance Testing 1.4 Go to Market and Launch 1.5 Raise RFP by Contracts Department 1.1.1 Technical Evaluation 1.2.1 1.3.1 Platform Delivery Finalize testing Specification Document 1.4.1 Set Go to market plan 1.5.1 Establish Evaluation Committee 1.1.2 Features Evaluation1.2.2 Platform Design 1.3.2 Resolution of technical snags 1.4.2 Execute allocated media plan 1.5.2 Receive Vendors Proposals. 1.1.3 Financial Evaluation 1.2.3 Implementation of Hardware 1.3.3 Summarizing Tested features 1.4.3 Training and Channel readiness 1.5.3 Assure Regulatory and Legal Compliance 1.1.4 Short-listing compliant Vendors1.2.4 Implementation of Software 1.3.4 Request for launch 1.4.4 Gain Formal Acceptance for launch 1.5.4 Selection of Vendor 1.1.5 Summarizing and Establishing Final evaluation Report 1.2.5 Install Development System 1.3.5 Archive Files/ Documents/Lessons learned 1.5.5 Management Approval on Selected Vendor 1.2.6 Billing System Integration 1.3.6 Install Live System 1.3.7 User Training 1.3.8 Go Live 1.3.9 (Project Management, 2012) 8 Unit 303 – Project Management 4.1.2 Milestone Table Milestone reference Description/outcome Date M1 Complete Requirements Gathering 15/1/2013 M2 Raise a Request for proposal 25/1/2013 Sample Assignment: Part of the content removed M5 User acceptance Testing and request for launch Stage 15/6/2013 M6 Go to market and Communication Plan 15/7/2013 4.2 Project Budget and Financial Impact: Annexure 1 attached (Project Management, 2012) 4.3 Project Resource (Staffing) Plan Resource Type Internal/External Quantity Period Cost/Month (AED) IT & Telecom Director Internal 1 Whole Project 25,000 Finance Director Internal 1 3 Month 25,000 Contracts & Legal Director Internal 1 2 Month 20,000 Billing System Director Internal 1 4 Month 15,000 Engineering Director Internal 1 4 Month 25,000 UAT Team External 5 2 Month 6,000 Regulatory Affairs Coordinator Internal 1 1 Month 11,000 Marketing Manager Internal 1 4 Month 23,000 Project Manager Internal 1 Whole Project 23,400 Design Engineer External 1 Whole Project 7,000 Implementation Manager External 1 Whole Project 9,000 Training Leads External 2 1 Month 6,500 4.4 Project Communication Plan Information Type Frequency Distribute To Doc Type Media Responsible When Progress Report Weekly Senior Management Word Email PM Sundays Mid Project Review Presentation 1 time All Stakeholders Power Point Email Evaluation Committee 4th Month Vendor’s Evaluation Criteria 1 time All Stakeholders Word Email Evaluation Committee 4th Month 9 Unit 303 – Project Management 4.5 Project risks 4.5.1 Methodology Project Team will review the project documents, including vendors proposals and sit for brain storming session to identify risks. Project Manager will contact regulatory affairs coordinator to attend the brain storming session since he was involved in previous evaluations and due to experience of regulatory guidelines. Financial Director shall evaluate vendor’s final offers separately and submit the final financial short list report to all evaluation committee (Projectmanagementdocs.com. 2014) Risk Identification: Concluded from brain storming sessions. Sample Assignment: Part of the content removed Technical: Failure to achieve service specifications requirement. Delayed User acceptance testing. Technical snags recovery Request for Launch: Sample Assignment: Part of the content removed Installation: Vendor’s Delay to provide hardware Vendor’s Delay to provide installation soft ware and guidelines document. (Projectmanagementdocs.com. 2014) 4.5.2 Risk Responses Plan Ref Risk Review Date Strategy Description 1 Financial 20/3/2013 Mitigate Financial director to assure that selected vendor and purchased platform within project budget 2 Financial 25/3/2013 Mitigate Financial director to follow up closely with account payable to release vendor’s payments 10 Unit 303 – Project Management 3 Technical-Failure to achieve Service requirements 1/4/2013 AVOID Engineering & IT director to resubmit the specification document to the selected vendor 4 Delayed Request for launch 1/8/2013 AVOID PM to assure critical path of the project and to adjust any changes to project timelines 5 Hardware and Software Installation and Delivery 1/6/2013 Transfer Subcontract delivery to ARAMEX 5. Executing Phase 5.1 Submit Progress Status report Status report shall be submitted on a weekly basis Annexure 2 Sample Status report. (Project Management, 2012) 5.2 Changes Any Project Changes Shall be closely monitored and controlled by designing Change control document which shall handles any change request throughout the duration of the project. 5.3 Quality Project shall follow the quality assurance measures and Quality control by following the quality matrices to ensure quality delivered platform that will cover the desired business deliverables. Process Action Acceptable Process Standards Process Phase Assessment Interval Ensure Deliverable Business Platform Specification Highest Scores Shall be granted to Vendor covering all platform needed specification Evaluation Monthly Successful User acceptance testing 100 % UAT shall be provided with resolution of all technical snags Testing 1 month after Evaluation Phase Market Communication plan Media Plan need to be target to the correct business segments and ensure delivering of the platform features and benefits RFL Quarterly User Acceptance testing Phase shall be closely monitored and controlled by developing Quality assurance log and control document which clearly defined the technical snags arises and the resolution date. 11 Unit 303 – Project Management Trial# Date Item Measured Required Value Actual Measured Acceptable? (Y/N) Recommendation Date Resolved 1 15/6 Accuracy of Network 100% 100% Y Retesting to reach satisfactory level 18/6 2 20/6 Test campaign 100% reach customers 100% Y Reschedule SMS/MMS Campaigns 25/6 Quality Assurance Log Trial # Date Process Measured Required Value Actual Measured Acceptable? (Y/N) Recommendation Date Resolved 1 15/6 Accuracy of Network 100% 60% N Retesting to reach satisfactory level 17/6 2 20/6 Test campaign 100% reach customers 80% N Reschedule SMS/MMS Campaigns 25/6 Quality Control Log 6.Delivery Phase 6.1 Training to Sales channels and Call Center Selected Vendor Shall provides extensive training to platform administrators, Engineering, Marketing departments to highlight all platform features and options. Sample Assignment: Part of the content removed 6.2 Transfer Documents • Platform technical specification needs to be shared with IT, Engineering and marketing department to make sure all platform specifications and features are documents. • Sample Assignment: Part of the content removed 12 Unit 303 – Project Management 6.3 Lessons Learned Lessons learned from the project are compiled in the following table to avoid the recurrence of incidents that affected the performance of the project and lead to project creep. (Projectmanagementdocs.com. 2014) Category Issue Name Problem/Success Impact Recommendation Procurement Management Contract Requirements The PM was not fully engaged in the contract process. All requirements were not included in the initial contract. A contract modification was required which added a week to the project. PM must be fully engaged in all contract processes. This must be communicated to both PM and contract personnel. Sample Assignment : Part of the content removed Sample Assignment: Part of the content Quality Management UAT UAT took 1 week longer which resulted in Go for market delay PM to follow up with UAT testing team and Engineering Directors to assure meeting the deadlines Though plan quality standards were met, UAT took 1 week longer to complete 100% User acceptance testing Annexures List Annexure Number Title Annexure 1 Financial Impact and Project Budget Annexure 2 Sample Weekly Status Report Annexure 3 Vendor’s Evaluation Criteria 13 Unit 303 – Project Management References Project Management. 2012. Melbourne: Chifley Business School. Projectmanagementdocs.com. 2014. Free Project Management Templates - PMBOK Templates. [online] Available at: http://www.ProjectManagementDocs.com [Accessed: 14 Feb 2014]. Annexure 1 Financial Impact and Project Budget Profit & Loss Y 1 Y 2 Y 3 Total NET REVENUE Direct Cost 2,923,451 8,607,005 13,010,745 24,541,202 SMS Interconnect 816,802 2,436,850 3,680,694 6,934,346 MMS Interconnect 75,479 200,310 304,819 580,608 Software 456,000 - - 456,000 Software Indirect Cost Advertising & 1,448,281 3,637,159 4,985,513 10,070,954 Promotion - - - - Sales & Customer Service Support - - - - Maintenance Cost - - - - Overhead, Admin, Operation & Support - - - - Network & Other Costs 767,720 1,532,274 2,147,372 4,447,366 767,720 1,532,274 2,147,372 4,447,366 EBITDA 707,450 3,437,572 5,877,860 10,022,882 EBITDA % 24% 40% 45% 41% EBIT 125,053 2,855,175 5,295,463 8,275,691 EBIT % 4% 33% 41% 34% 14 Unit 303 – Project Management Discounted Cash Flow @ 15% Y 0 Y 1 Y 2 Y 3 Net Cash Flow from Operations 707,450 3,437,572 5,877,860 Capital Expenditure 1,747 ,192 Net Cash In / (Out) flow (1,74 7,192 ) 707,450 3,437,572 5,877,860 1 5 Discount Factor 15 Unit 303 – Project Management Y 0 Y 1 Y 2 Y 3 Y 4 Y 5 (1,74 7,192 ) 707,450 3,437,572 5,877,860 - - 1.000 0 0.8696 0.7561 0.6575 0.5718 0.4972 (1,74 7,192 ) 615,174 2,599,298 3,864,789 - - (1,74 7,192 (1,132,01 ) 7) 1,467,281 5,332,069 5,332,069 5,332,069 % Discounted Cash flow (1,74 7,192 ) 615,174 2,599,298 3,864,789 - - NPV 5,332,069 IRR 110% Payback Period Net Cash In / (Out) flow 1 5 Discount Factor % Discounted Cash flow Cum. Discounted Cash flow Discounted Payback Period 1 Year 6 Mon ths 16 Unit 303 – Project Management Annexure 2 Weekly Progress Report No. Action Item Action Item Description Responsible Due Date 1. Review last Evaluation Report - Assure all requirements are covered - Email to Regulatory affairs coordinator to confirm compliance IT & Engineering director 25/1/2013 2. Sample Assignment: Part of the content removed 3. 4. Stake holders signatures on RFP requirement - Pm to obtain Stakeholders signatures on the RFP requirement document - PM to obtain management approval PM 25/1/2013 17 Unit 303 – Project Management Annexure 3 Evaluation Criteria Weight Vendor A Vendor B Vendor C Vendor D System Functionality & Business Features 25 12 14 22 10 General Compliancy 20 15 16 19 11 Sample Assignment: Part of the content (Logs, Reporting, Alarms, etc.) 10 7 7 9 7 Provisioning & charging 10 6 5 8 6 References & supplier history with the Company 5 4 3 4 2 Overall Weight 100 71 69 90 58 Ranking 2 3 1 4 Sample Vendor ’s Ev al uati on C r iteri a PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)