Discuss About The Overview Of Measurable Organizational Value?

RALS is being organized by Globex Corporation every year organizes a show revealing about their farming and lifestyle appliances in the month of November for three days. Globex sells tickets for the show and they donate their earnings to a charitable trust for the indigenous people named ICV. They sell tickets manually which leads to many problems like the ticket counter gets overloaded by people and some of them without paying topples the fences to enter the show. Globex keeping the problem in mind decided to introduce an online ticket booking system which will enable its visitor’s to book their tickets online. For changing this system Globex gave the project to its old consultant Virtucon.

MOV – Measurable Organizational Value (Miller, 2008)

Rank 1 – Customer: After the introduction of this new ticketing system the customers will no longer have to stand in the long queue. This will make them happy.

Rank 2 – Operational: Most of the visitors will book their tickets reducing the workload of the volunteers in the ticket counter and security gate.

Rank 3 – Finance: More customers will visit the show and more tickets will be booked now enlarging Globex’s financial condition.

Rank 4 – Strategy: Globex will earn more money and more money will be donated to the ICV.

Rank 5 – Social: Globex will get the opportunity of showing its social concern because now they will earn more money by selling tickets and will be able to donate more money to ICV.

Project value:

Value 1 (Faster): Visitors will book their tickets online and the load on the ticket counter will be reduced. The volunteers on the ticket counter will get a chance to complete their work even faster than before.

Value 2 (Do more): Globex will be inspired by the positive feedback to develop the show further.

Metrics with time target:

Scope Management Plan

Define Scope: The main aim of this project is to set up a web-based ticketing system which will be easily accessible from all electronic devices in order to reduce the stack of work among the volunteers in the security gate and the ticket booking counter as now the visitors will book their tickets online without making crowd there.

Identify requirements: The guest’s identity verification for first-time enrollment, available from all gadgets, free from digital violations and a scanner tag is required for recognizing its guests.

In-Scope: The internet ticketing framework ought to be available from all gadgets, and a scanner tag for distinguishing the guests ought to be contained.

Out-of-Scope: Everything from the maintenance of the hardware to providing the implementation to the change and the support ought to be there.

Deliverables: The task ought to be basic, tolerable and respectable containing the stated things.

List of Resources:

Technology: Local area network to connect all the hardware for easy transfer of data

Facilities: High bandwidth internet facility, cafeteria, emergency exit, fire protective equipment

Work Breakdown Structure (Project Smart, 2017) with milestones, activities, resource & cost (Project Management Knowledge, 2017) included:

Gantt chart view of the schedule

Budget is not always a problem in the Project

Resources shall be usually during the project, so no problem with their availability

Stakeholders are nicely identified and need not to worry about their analysis, as Virtucon is an old representative of Globex

Volunteers are well certified so they may be trained after the implementation of computerized ticketing arrangement

Teams’ Objective towards Quality Management:

The team members should try to preserve up the required high-grade standards of the quality and usually meet the perceived and filed accomplice’s wants. Each one of the threats must be checked surely to avoid any overpower of augmentation and time. All the diagnosed desires should be passed on inner time with excellent benchmarks. All workers need to concentrate on the quality of work to save it from any kind of change.

Verification Activity:

Validation Activity:

Project Closure & Project Evaluation

1. Annotated Bibliography: refer appendix
2. Project Closure checklist: (Lewinson, 2011)

The valued criteria earned should be maintained during the project

All the quality features should meet

All the expectations noted of high influential associates should meet

Lessons learned is noted after a meeting with the project team and GlobexProject Evaluation: (Anglesey County Council , 2012), (Gustafsson & Yadav, 2013) & (Archibald, Filippo, & Filippo, 2008)

Before the beginning of the show has the ticket booking started?

Can the profit margin increase the value by 8% more than the last year’s collection?

Could more money be given to ICV?

References

Anglesey County Council . (2012). End of Project Evaluation & Project Closure. EU Project Management Guidelines, 1-14.

Archibald, R. D., Filippo, I. D., & Filippo, D. D. (2008). The Six-Phase Comprehensive Project Life Cycle Model Including the Project Incubation/Feasibility Phase and the Post-Project Evaluation Phase. Retrieved October 2, 2017, from https://www.dphu.org: https://www.dphu.org/uploads/attachements/books/books_5917_0.pdf

Gustafsson, B., & Yadav, B. (2013). Closing IT projects: A Swedish public sector. Master Thesis in Informatics, 1-61.

Lewinson, M. (2011, January 17). Project Closure Template – Key Steps to Closing a Project. Retrieved September 30, 2017, from MyManagementGuide.com: https://www.mymanagementguide.com/project-closure-template-key-steps-to-closing-a-project/

Miller, S. A. (2008, January 22). Overview of Measurable Organizational Value (MOV). Retrieved September 30, 2017, from https://www.sheepguardingllama.com: https://www.sheepguardingllama.com/2008/01/overview-of-measureable-organizational-value-mov/

Project Management Knowledge. (2017). Cost Baseline. Retrieved September 30, 2017, from https://project-management-knowledge.com: https://project-management-knowledge.com/definitions/c/cost-baseline/

Project Smart. (2017). Work Breakdown Structure (WBS). Retrieved September 30, 2017, from projectsmart.co.uk: https://www.projectsmart.co.uk/work-breakdown-structure.ph