Project title: Microsoft Office Project
Purpose: It is a tool designed by Microsoft that is helpful in the management of portfolio and project by planning, managing budgets, tracking project progress and workload analysis.
Description: Its main modules consist of project teams, project works, finances and schedules.
Objective: The objective of the MS project is to help managers and the users to create projects, track the progress of the project and to report the results of the project.
Expected benefits: Ms Project is expected to provide a management interface that will help its user to manage projects effectively and with ease by providing tools that are flexible and having the appropriate usability blend.
Funding: The cost of Microsoft project professional 2016 is $1,159.99. it can be bought from the Microsoft store an installed directly. However, the price for buying Microsoft project standard 2016 is $589.99. The link to the Microsoft store is given: http://www.microsoftstore.com/store/msusa/en_US/pdp/Project-Professional-2016/productID.323025200
Major deliveries: Microsoft office will be able to provide a management interface that will help its user to manage projects effectively and with ease by providing tools that are flexible and having the appropriate usability blend. It will also help in the management of portfolio and project by planning, managing budgets, tracking project progress and workload analysis.
Acceptance criteria: Microsoft project has its user guide that is freely available online; it also comes with the whole package when purchased from the Microsoft store online. Microsoft project comes with a user interface that is easy to interact with and it contains unambiguous clear interface tabs.
Milestone schedule: once the Microsoft Project is installed by the user, it is good to go. It can work for as long as any project is designed. It has no specified time period of operation. It takes few minutes of about 30 minutes to install, after the installation, it can handle several projects for any given time period.
Key assumptions: The developers of Microsoft Project assume that every user is literate enough to read and understand the user guide for the effective use of the Microsoft Project interface. Microsoft assumes that there is no technical training that is required for one to use the Microsoft Project.
Constraints: one of the major constrain of the Microsoft Project is that it takes a lot of time to update the total details of a given plan. It does not work as collaboration equipment in most of the cases.
Major risk: every project comes with its associated risks; the major risk that is associated with Microsoft Project is that it may fail to update the project plan by the project server.
Approval requirements: all the resources for the use of the project are provided by the Microsoft Company. For the project to effectively and efficiently run, it will require a computer with the following system requirements:
Processor of 700MHz
Ram of 512 MB or more
2Gb hard disk available space or more
Project manager: any organization with the aim of using the software must have a team headed by a professional in the field of project management with experience in the use of Microsoft Project. The person will be the project manager.
Reporting requirements: the project manager will report to the management of the organization on the progress of the project and the budgeting analysis of the entire project. The reports of the project will be submitted to the top management electronically.
Authorized by: The first authorization come for Microsoft when purchasing the software. The management of the organization can thereafter authorize the use of the project within the organization.