Deploying (via building or buying) a new business information technology in an organization to transform their operations
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Then, they specify the project topic further and develop a detailed project plan.
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Some business information technologies that could be used include but are not limited to:
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Artificial Intelligence (AI) including voice recognition, speech, chatbot, image and video processing
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Mobile apps on productivity, healthcare, etc.
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Consumer products mass customization (printing name on shoes)
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Internet of Things (IoT) – Connected everything
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Data Analytics (small or big data collection and processing)
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Geospatial – location trackers such as GPS, RFID, barcode scanners
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An enterprise-wide system (e.g., an ERP)
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Virtual reality
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Robotics and automation
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Social media networks
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Retail technologies (interactive ordering touch screens, finding the best clothing fit)
Preparing the Project Plan
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To prepare your project plan, you should briefly complete and include all seven Project Chunks covered in the module. These project chunks are available throughout the PowerPoint files of workshops slides available on Study Direct.
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To succeed, make sure that your project plan fully addresses all seven project chunks.
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You should provide references to the articles, books, and other sources of information that you use.
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Avoid wordiness. The word count excludes the text in the tables, the references list, and appendices. The main project plan text should be a standalone narrative, without a need to read the tables. To enable this, for each table, explain the key item of it in the text. The purpose of a table is to include a short list of additional information, not long sentences and paragraphs that belong to the main text, so do not misuse tables.
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The length of the submission, 1500 words, can go 10% either side.
List of Project Chunks
- Project Introduction and Justification
- Project Introduction: Describe the Project
- Project Introduction: Describe the parent organization of your project
- Project Introduction: Justify your project
- Project Introduction: List similar projects in the past
- Project Stakeholders
- Identify key stakeholders of your project
- Develop a communication management plan for your project
- Plan for influencing your project stakeholders
- Explain the origin of the core project team
- Identify a project champion for your project
- Project Scope
- Define a SMART project objective
- Create phased deliverables
- Define DUMBS work packages
- List key scope exclusions
- Outsource some work packages
- Project Schedule
- Estimate the duration of each work package
- Define the dependencies of all work packages
- Schedule the work packages and identify the critical path
- Project Budget
- Plan outgoing cash for your project
- Determine cost reserves for your project
- Plan incoming cash for your project
- Analyse the cash flow of your project
- Analyse the financial performance of the project
- Project Risk Management
- Identify key risk factors in your project
- Analyse the impact potential (risk exposure) of the identified risk factors
- Plan risk mitigation strategies for top risks
- Project Execution, Control, Closure and Evaluation
- Plan coordination of key integration points in the project
- Plan key progress control tollgates
- Plan for evaluating and demonstrating project success
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