The 29-in-store scanner project is aimed at integrating an in-store scanning technology to facilitate better, effective and efficient service delivery. The aim of this report is to review the developments that have been advanced in the project so far as well as approximating on the financial input required to finalize the project. When completed it may help offset some technical complexities associated with service delivery.
This project has been divided into six main parts which are exemplified by reviews on: hardware, operating system, drivers, code software, utilities and finally system integration. These six entities are interdependent as one cannot exist without the other (Lewis, 2006). In this regard, the project was divided into six phases under the above specifications and the following reviews on their progresses are as they stand as on January 1st.
The total Planned Value of work schedule (PV) is at $420,000, Earned Value (EV) $395,000, Actual Cost of work completed (AC) $ 476,00, Schedule Variance at -25, Cost Variance at -81, Budget At Completion (BAC) $ 915,000 and the Estimate At Completion (EAC) $ 1,103,000. These values represent the whole project outline costs; both incurred and approximated figures to be incurred. In terms of individual phases, the hardware phase involves hardware specifications (selecting of the best hardware for the project), hardware design, documentation, prototypes, test prototypes and preproduction models. This phase had a planned value of $92,000 with the actual cost of work completed costing $72,000. This had a cost variance of 16 with the estimated budget at completion being $ 213,000.
The Operating System to be used was identified as kernel as this would work well with most of the utilities and compatible with the hardware selected. The actual cost of the work completed as of now in processing the Operating System has amounted to $ 196,000 with the budget at completion being set at $330,000 and estimated price of completion $ 431,000 having a difference of $101,000. For the drivers, specifications had to be laid out for the disk drive drivers and the input output drivers. The estimated cost for the completion of this phase is set at $ 97,000 with the value of work already completed being $76,000. These drivers have to be compatible with the hardware as well as the operating system and that is why they come third after the establishment of the hardware and the operating system.
Code software refers to the software that will be used in carrying out most of the daily activities associated with the store and have ben categorized into: document software, code interface and beta test software. This is approximated to amount to $336,000 with $105,000 being the cost of the project completed so far. This means that an additional $231,000 will be required in this phase for its completion. In regard to the utilities, which are exemplified by: the specification of the utilities, routine utilities, complex utilities, the documentation of the utilities and beta test utilities, the earned value (EV) is $108,000 with a relatively low cost variance of -40. Utilities are complementary software which helps code software to function effectively by checking for errors or any kind of malfunctions that may crash the system. The estimated figure for the completion of this phase is $ 274,000.
Finally, when all the above five phases have been accomplished, the system will have to be integrated and made ready for use. This phase is referred to as system integration and is associated with architectural design, integration of the hardware and the software, system hardware and software testing, project documentation and integration acceptance testing. The project documentation contains the user manuals of the new system, debugging procedures, further information on implementation and the project schedule (Lock, 2007). This is the final phase and its budget at completion has been set at $125,000 with its corresponding estimate at $153,000. The value of completed task so far is $60,000.
To fully integrate and implement this project together with the organizational project process, a number of approaches for monitoring this project have been established. These are exemplified by the Critical Chain Project Management (CCPM) which states that the planning and managing of projects which emphasizes on maximizing resources, either human, physical or financial, to achieve the desired project objective. In our case, to achieve the best in the project, w ought to input lots of finances in acquiring the best hardware and software for our project. This is a computer (technological project) hence the best machinery will give the best results. Secondly, extreme programming should also be a viable approach to monitoring and developing this project (Stevens, 2002). This approach involves the identification of different lightweight models that can be used in combination with principles of human management and interaction. The machines will be used and controlled by humans hence a simple and lightweight model for its implementation will be highly credible.