CIS 210 SystemsAnalysisandDevelopment Week Part I Initiating and Planning SystemsDevelopment Projects Objectives • Upon completion of part I you will be able to: – Understand and be able to explain the concepts related to the project initiation and planning process – Understand and be able to explain the concepts related to the statement of work and the baseline project plan – Understand and be able to explain the concepts related to the various methods for assessing project feasibility – Understand and be able to develop cost-benefit analyses and describe what is meant by the time value of money, present value, discount rate, net present value, return on investment, and break even analysis – Understand and be able to explain the concepts related to participant roles within a structured walkthrough Overview • Devoting Resources • Project Initiation and Planning – Acceptance – Rejection – Redirection • Project Feasibility • Baseline Project Plan • Project Review Initiating and Planning SystemsDevelopment Projects • When PIP Ends andAnalysis Begins – Key questions • How much effort to put forth? – Time and effort easily pay for themselves » Reduced costs » Reduced time • Who is responsible? – Experienced analyst or team of analysts • Why is this such a challenging activity? – Transforming a vague system into a tangible project – Communication is key Project Initiation and Planning Process • Project Initiation – Focuses on activities to assist in planning – Analysts work with customers • Project Planning – Focus on assessing information needs – Defining clear requirements • Baseline Project Plan (BPP) – Foundation of project – Contains all information collected • Statement of Work – Objectives – Constraints Assessing Feasibility • Assessing Economic Feasibility – Determining project benefits • Tangible • Intangible – Determining project costs • • • • Tangible Intangible One-time Recurring – The time value of money • Present Value • ROI • BEA Assessing Feasibility • Assessing Technical Feasibility – Technical risk factors • • • • Size Structure Development group experience User group experience – General risk rules • • • • Large vs small project Highly structured vs ill structured Standard technology vs non-standard technology User group familiarity vs unfamiliarity Assessing Feasibility • Other Feasibility Concerns – Operational • Will it solve business problems • System Service Request • Project identification study – Schedule • Potential time frames • Completion date schedules – Legal and contractual • Labor laws • Antitrust • Copyright – Political • Key stakeholders The Baseline Project Plan • Building the BPP – – – – Introduction System description Feasibility assessment Management issues • Reviewing the BPP – Walkthroughs – Roles – Incremental commitment Summary • Initiating and Planning SystemsDevelopment Projects • Assessing Feasibility • The Baseline Project Plan ... Plan • Project Review Initiating and Planning Systems Development Projects • When PIP Ends and Analysis Begins – Key questions • How much effort to put forth? – Time and effort easily pay for themselves... Understand and be able to explain the concepts related to the project initiation and planning process – Understand and be able to explain the concepts related to the statement of work and the... investment, and break even analysis – Understand and be able to explain the concepts related to participant roles within a structured walkthrough Overview • Devoting Resources • Project Initiation and