Executive Summary
Our IT based company has annual revenue of more than $10 million dollars per year. The company has planned to adopt the latest software technologies to enhance the level of production. At present, the IT Company prefers to use relational databases operational systems but it plans to expand the business into data warehousing. The IT Company is going to incorporate innovative technologies from special solution providers and integrate industry’s most excellent features in association with the expansion of technological system in the company.
According to Marr (2010), the IT-based industry is a developing field with most corporations having a yearly growth between 7.5% and 9%. It is due to productions that are turning out to be progressively aware of the requirement for the market dealings and the aspiration to decrease purchaser turnover rates. An important trend in this IT Company is the increasing number of customers.
According to Bennett and Lingar (2007), the IT-based company is presently in an exceedingly profitable market in a fast mounting economy. The existing trend towards a growth in the figure of entrepreneurs and opposition among existing corporation is offering a chance for an amplified requirement for market dealings and services that will allow the IT-based companies to stay competitive.
The major data collection and analytics services of the company will be placed very cautiously. They will be of tremendously great quality, applicable, well timed, and precise. It will be customized according to the requirement of customers that in return will make it easier for the company to take decisions.
The IT-based company is offering the proficiency, which a proactive-oriented company desires to expand and develop a new method of data collection, cloud technologies, SAAS, infrastructure, and security. The company has adopted the latest technologies to offer a number of significant services to the community of computer science. The services of the company can be taken as data segmentation, data analytics report, IT-based project consulting, and Cloud-based digital marketing plans. The company has also planned to initiate training camps, workshops, and seminars to train the employees about the advantages of using latest technologies.
The project plan development of our company is based principally on fulfilling the requirement of the employees. The company has planned to execute a market dissemination plan that will make sure that the IT Company is well recognized and valued in the IT industry. The company’s project plan will also make certain that the service’s charges are not too high. The project plan development will transmit the wisdom of quality in all field of technological development. Our promotional strategy will involve integrating advertising, events, personal selling, public relations, direct marketing and Internet marketing, details of which are provided in the marketing section of this plan.
Business Requirements
1.1 Project Overview
It is a data collection and data analysis based IT Company which has planned to become more famous and profitable in coming years. The primary objective of the IT Company is to enhance the technological system to store, process, and evaluate the collected data. The company has planned to adopt specific data examination methods such as data mining, content analytics, business aptitude, and data apparition. The company is having 20 employees, out of which 4 of them are working in the IT department. The organization is using web analytics to collect the required data and Cloud technology to store and process the data. In order to protect the data, the company has planned to adopt NIST security model
1.2 Background
The primary goal of the IT Company is to enhance the operational systems, infrastructure, databases and security schemes. The current process of the company incorporates web analytics scheme that is being used by the company to collect the internal information for a general review on how well the company is performing.
The achievement of the IT Company will act as a success to the goal of allowing the company to store more data and have a better infrastructure to comply with the anticipated growth and success. The project will also protect data for review and further use with the help of NIST security model. A cloud technology is a fast analytical and data processing scheme that helps an IT company to store and execute the accessible data in a short span of time. The Information Technology (IT) Department will play an important roll in the overall project as it will be dealing and assisting with the majority of the technical upgrade.
The business goals and objectives for this project are:
It will synchronize the data sharing and will improve the aptitude and efficiency of employees to complete their tasks.
It will help the data to be stored and executed in an enhanced environment
It also offers a greater level of data protection.
It offers an accessible, flexible, and consistent technological foundation for the future.
It also facilitates the digitalized collection of data from its resources.
Is convenient and simple to use.
It reduced unnecessary data entry at the time of data processing.
It helps in achieving the goals and objectives of the business project within definite financial plan and time limitations.
It crafts a constructive and protected accord between the IT department and the customers.
1.3 Scope
1.3.1 Scope of the Project
The primary cope of the project consist of a number of areas. For each area, there is a consequent strategy for integrating these areas into the project of the IT Company.
Constraints and Assumptions
Project Constraints
The following point characterizes the project constraints:
The project funding resources are restricted, and it having no contingency.
The employee’s inefficiency and incompetence can be hazardous for the company
Critical Project Constraints
The critical project constraints are insoluble problems which can prove to be disparaging in a project development program. In this particular project, the following points are probable critical constraints:
Exclusion of project’s financial support
Natural disasters or failure in software or hardware interface.
Assumptions
The following assumptions were prepared while organizing the Project Plan:
The employees of the IT department are ready to modify business operations to take benefit of the functionality provided by the innovative cloud technology.
Organization will make sure that team members involved in the project are presented as required to complete the tasks and objectives of the project.
The executives of the IT department will play a part in the well-timed implementation of the project plan.
The team members of the project will stick on to the communications plan.
The members of the IT department will find out the availability of the latest technological application that can enhance the level of production of the company.
All the participants of the project will abide by the guiding principle acknowledged within the project plan.
Risk Management
Time and expenditure approximation too pessimistic.
The negative review and criticism of purchaser can negatively effect the business.
Unexpected depreciation in budget of project plan can be dangerous for business.
Unassigned responsibilities and duties can be hazardous for the project’s success as well.
Non-intervention of stakeholders and management team can be extremely harmful for project completion.
If employees will not be qualified enough to carry out technological processes then project will surely fail.
The project can get badly affected if clients will change their requirement in the middle of the process.
Poor communication can result in misinterpretations and quality assurance tribulations
The risk management should constantly be examined and simplified in the procedure of project development. It is compulsory to assign time into each project plan management meeting, committed to assessing the probable risks. After identifying the risk, it is the responsibility of the Project manager to suggest desirable changes in the project plan.
1.3.4 Scope Control
According to Sokowski (2015), scope control is considered as a set of procedures that guarantees that a scope of the project is determined and mapped precisely. Scope control method in this project is allowing the employees of IT department and supervisors to assign just the accurate amount of effort compulsory to finish a project productively. It is principally concerned with scheming the authentic results that are compared with the baseline of scope and the necessities in order to make sure that all of the accepted scopes is delivered effectively. In this manner, scope control avoids scope change requirements from overpowering the project and ensuring that it has been processed appropriately.
The Primary Components of Scope Control
Three procedures form the phases of scope control management:
Planning
The planning phase is when an effort is made to confine and characterize the exertion that is required to execute the desirable project.
Controlling
The controlling and managing phases are dealing with the issues that possibly will arise in the project. It helps in reducing the occurrence of complexities and complications in the project.
Closing
It is regarded as the final phase that incorporates an appraisal of the deliverable project and an evaluation of the end results against the imaginative project plan.
The most significant phase of scope control is to consider the reflection of the affect of scope management on plan, expenditure, excellence, resources, threats, etc. on any such potential changes to scope. It is also important to make sure that the fundamental causes of change in scope requirements are completely understood and handled. Scope control is an enduring development that can initiate as soon as the baseline of scope is established.
1.3.5 Role and responsibilities
In an IT based company, the executive information officer typically provides help to the junior employees on the tasks related to IT. The employees in the project plan are supposed to develop and uphold an IT-based infrastructure consisting of Cloud technology, web analytics, and NITS security model. The main responsibility of the staff members is to develop effectual programs to implement data evaluation processes in the company. The employees are also supposed to store the data for the future goals of the company, the manager of the company will be accountable for managing the issues in the project. The employees of the It department will also be responsible for solving the networking issues in the project.
1.3.6 Finance and Business Research
Cost Analysis
The cost analysis approximates and sums up the comparable money value of the expenses involved in the projects that are supposed to be established. It is considered as the systematic approach to realizing that how much money will be required to complete the project.
Similarly, human capital is regarded as the combined skills, facts, or other elusive resources of individuals that can be used to generate financial value for the employers and company.
The company’s proficiency in business and finance research supports the customer’s intentional decision-making and operations by working with intelligence, research, and reports. A detailed company and Industry based research.
1.3.7 Relationship to Other Systems/Projects
The developments in the field of Internet, hardware, and software have gained access to all the working places, and digital technology has changed the traditional style of working. Working style in the most refined systematic company is based on exclusively innovative technology businesses, the wide-ranging collection of knowledge and media related activities. According to Wysocki (2004), the developments in the field of computer science have completely changed the working style in the offices. It proves that how programmed and automated digitalized structures have made it easier for employees to complete their task.
On the other hand, it could be analyzed that, it is the responsibility of the company’s executive unit to find out the latest inventions in development that can be implied into the office unit. The executive is also accountable to notify the employees of IT department points about the latest business initiatives that possibly will positively affect the project. The following are known business initiatives:
Four out of the twenty employees are allocated to the IT department, and they will need a definite flow of communication to promote all personnel throughout the project.
Similarly, the team members in the project will have to search for the most recent Internet constantly develops that can prove to be advantageous for the company and project.
It is important for the project manager to set standards and provide skills development by training other members of the group so they can learn how to use the latest developed software.
Effective and productive communication with other staff members in the project is going to be fruitful for the project and organization as well.
1.3.8 Definition of Terms
SaaS: Software as a Service
IT: Information Technology
CS: Computer Science
NITS: National Institute of Standards and Technology
Section 2
The project plan of IT-based Company has been now improved to provide the customers with more enhanced version of data information and analytical tools. The company has also now planned to offer high-quality cloud technology that has been customized according to the requirement of customers in the procedure that will help the team to provide the best technique to obtain the data. Previously, there was only basic cloud analytical technology; now we have planned to obtain the improved version.
Production in the present era depends upon enhanced IT to deal with the competitors. Effectual cloud computing is allowing business to initiate new services, enter into the new-fangled marketplace, fulfill the desires of customers, and create a mobile friendly application for the convenience of employees and customer. According to Sosinsky (2011), the most flourishing companies use cloud technologies as a channel to plant in place innovative systems and procedure that allows an IT company to capitalize on the functional metrics and business results. The improved version of Cloud computing is all set to empower IT services through flexible, programmed infrastructures, and innovative on-demand models for data collection. The improvement and enhancement in the system will allow IT to transfer resources from sustaining present systems to empower in building pioneering services that enhance operations and develop a business goal.
The company has planned to improve security strategies, security project strategies, issue-based security strategies, and systems- based Security strategies. It is now following NIST security model and IETF architecture of data analytics. It has improved its firewalls based on production and configuration, along with this. It has now also designed an invasion detection and avoidance structure to avoid any kind interruption in the procedure of data collection. A virtual private network has been established on the basis of Cloud technology to make the stored data more secured.
On the other hand, the security failures will hardly occur after the implementation of highly developed security plans, procedure, and developments. Several layers of protection have been evaluated to design a dependable security system.
SP-based data: It has been implemented to collect the data over networking traffic and it will also offer data to tool vendor.
Tool-monitoring data: It is utilized in the project to monitor the developing procedures in the project.
Positioning: The IT-based Company has upgraded the web analytics scheme for collecting the data.
Conclusion
It is incredibly important for a company to adopt the latest and most innovative technological software and interface to upgrade the workstation as it is allowing the IT-based Company to expand promptly and competently. Business and data collection technology such as web analytics, SaaS, security models, and cloud technology has distant the boundaries in the workplace which previously use to restrict the business from getting expanded. With the help of latest business technology, the IT-based Company can easily target an extensive customer base and develop to a much higher level in the field of computer science.
References
Bennett, R. K., & Lingar, W. R. (2007). Mission-based AlignmentTake Your Company To The Top And Keep It There. New Delhi: Atlantic Publishers.
Josyula, V., Orr, M., & Page, G. (2012). Cloud Computing: Automating the Virtualized Data Center. Indianpolis: Cisco Publishers.
Marr, B. (2010). The Intelligent Company: Five Steps to Success with Evidence-Based Management. New York: John Wiley & Sons.
Shroff, G. (2010). Enterprise Cloud Computing: Technology, Architecture, Applications. New York: Cambridge University Press.
Sokowski, D. (2015). Mastering Project Management Integration and Scope. New York: FT Press.
Sosinsky, B. (2011). Cloud Computing Bible. New York: John Wiley & Sons.
Wysocki, R. K. (2004). Project Management Process Improvement. Norwood: Artech House.
