BSA 425 University of Phoenix Project Implementation Plan Worksheet

BSA 425 University of Phoenix Project Implementation Plan Worksheet

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BSA/425 v1.3 Post-Mortem Use the table to list the things that went well during the completion of this 5-week project and the things that didn’t go well. Date: Project Manager (your name): Project Name: 5 Things that Went Well During the Project 5 Things that Could Have Been Done Better Below, discuss all 10 things from the list above in detail. As a project manager, or participant, what processes might you put in place to ensure the same things go well on future projects you’re involved in? What processes can you put in place to improve the not-so-great things on future projects? Be specific. Copyright 2020 by University of Phoenix. All rights reserved. BSA/425 v1.3 Project Implementation Plan Example Replace the italicized information with information relevant to your project. Project Name: Implementation Phase: Project Plan: Task Activity Name Resource Schedule Start Date Schedule Finish Date Prepare for Implementation Identify the implementation team CIO/Project Sponsor 6/4/2018 6/8/2018 Order server hardware for production environment and test/QA environment IT Manager/CIO 6/4/2018 6/29/2018 Order client hardware for production environment and test/QA environment IT Manager/CIO 6/4/2018 6/29/2018 Order Cloud Computing Services and software subscriptions IT Manager/CIO 6/4/2018 6/29/2018 Obtain on premise software applications IT Manager/CIO 6/4/2018 6/29/2018 Create user IDs and groups for on premise technology System Admin 7/2/2018 7/13/2018 Copyright 2020 by University of Phoenix. All rights reserved. Schedule Comments Project Implementation Plan Example BSA/425 v1.3 Page 2 of 3 Task Prepare Test Environment Prepare Production Environment Data Conversions Activity Name Resource Schedule Start Date Schedule Finish Date Create security infrastructure for production and test/QA environment System Admin 7/2/2018 7/13/2018 Install test/QA servers and software System Admin 7/16/2018 7/20/2018 Install test/QA client machines and software System Admin 7/16/2018 7/20/2018 Configure test/QA environment System Admin 7/16/2018 7/20/2018 Install production servers and software System Admin 7/23/2018 7/27/2018 Install production client machines and software System Admin 7/23/2018 7/27/2018 Configure production environment/ integrate with cloud service architecture System Admin 7/23/2018 7/27/2018 Perform data conversions and loading into the test/QA environment Data Specialists 7/13/2018 8/10/2018 Perform data conversions and loading into the production environment Data Specialists 7/13/2018 8/10/2018 Copyright 2020 by University of Phoenix. All rights reserved. Schedule Comments Project Implementation Plan Example BSA/425 v1.3 Page 3 of 3 Task Activity Name Resource Documentation Ensure all documentation applicable to implementation is available Documentation Specialists/Technical Writers 6/11/2018 8/17/2018 Training Provide administrator training Trainers 8/13/2018 8/17/2018 Provide support training Trainers 8/13/2018 8/17/2018 Provide enduser training Trainers 8/13/2018 8/17/2018 Production Golive CIO/Project Sponsor 8/27/2018 8/27/2018 Go-Live Schedule Start Date Schedule Finish Date Copyright 2020 by University of Phoenix. All rights reserved. Schedule Comments BSA/425 v1.3 Project Plan Draft Fill out each of the sections below with information relevant to your project. Be sure to include the company name associated with your project. Company Name: Discovery Bank Network Technology Recommendations Network Technology Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Local areas network It is used for connecting computers and other devices to short distance 5 Wireless network Works best with WIFI in an organization. 8 There is no need to use physical devices. Network Technology Recommendation Recommended Network Technologies Description Benefits Aggregate Selection Criteria Score Edge computing It is essential ensuring that the target applications are closer to the action source It is much secure. 8 It is crucial for helping in the communication with various applications and also vital for controlling virtual resources. It is manageable Software defining networking It is cheap Flexible Cost-effective. Network Technology Vendor Selection Criteria Copyright 2020 by University of Phoenix. All rights reserved. 4 Project Plan Draft BSA/425 v1.3 Page 2 of 10 Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Coming up with the company requirements This will be important for knowing the quality of vendors that are needed 5 Finding the best vendor Come up with discussions with clients of other vendors to gain experience 8 Acquire Agents The agents will be necessary for giving proposals that are well vetted. 7 Network Technology Recommended Vendors Vendor Name Vendor Strengths Vendor Weaknesses Products/Services Provided to Project Aggregate Selection Criteria Score Cisco Fast network, 24/7 customer services They are costly Provide heavy network in the organization 9 Alloys It has good customer care; it is very costeffective The network is affected by rains and heavy storms Encryption technology provided by the company. 7 It provides protection of the company against any intrusion that comes from outside. Network Technology Deployment Challenges Deployment Challenge Deployment Challenge Description Deploying physical over logical In physical networks, different devices are connected through the use of protocols. In logical, there is the use of various traffics that are featured to agnostic to the physical and are supposed to be run them. Resilient deployment The network must be able to handle all the faults. Most of the systems tend to be prone to different kinds of errors. The network is supposed to detect and solve the issue. Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 3 of 10 Instability Before any advanced innovation can be incorporated or executed, individuals in authority first must spend time investigating and evaluating potential dangers that could result in the new technology’s incapacity and ineptitude. Technology Adoption Methods Method Name Method Description Aligning technology and the strategy in an organization The technology should be able to align with the organizational needs. Analyze the current system Important for showing the new requirements in an organization Training The employees are supposed to be trained on the new technology and how to use the technology. This will be important for faster adoption. Changing in phases If you make too many changes too quickly, you risk shocking the entire system. It is preferable to gradually in the modifications, giving users room to become accustomed to updated software and enabling them to develop their ideas on how to effectively use it Cost/Benefit Considerations Benefits Costs Considerations Employee more staff $20000 Increase productivity New block $25000 For the company to install the computers and new network technological devices Database System Recommendation Database System Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Outlining the items for study references The aim of the project 5 Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 4 of 10 Coming up with the products Selecting the DDBS from other products 5 Product evaluation Ensures that the right product is selected 6 Recommendations Give findings after the research and conducting of analysis of the right company 9 Database System Recommendation Recommended Database System Description Benefits Aggregate Selection Criteria Score Desktop database Users need to be able to enter and store data Faster exchange of data and storing 5 Relational database It has a schema for the creation of a database on the server It allows multiple storages of work 7 Database System Vendor Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) cost The database is supposed to be costeffective for the organization 7 Safety and quality The database is supposed to be safe and should not fail 6 Timming and consistency The database is supposed to be consistent and reliable in terms of timing. 6 Database System Recommended Vendors Vendor Name Vendor Strengths Vendor Weaknesses Products/Services Provided to Project Copyright 2020 by University of Phoenix. All rights reserved. Aggregate Selection Criteria Score Project Plan Draft BSA/425 v1.3 Page 5 of 10 Oracle Powerful support cloud and also very complex None Often provides consolidated cloud services that manage the database and ensure training for the staff. 7 Microsoft SQL Commonly used Security issues Support BI tools, and it is accompanied by Microsoft Excel, word, and also SharePoint 8 Database System Deployment Challenges Deployment Challenge Deployment Challenge Description Data security Increases incidences of data leakage, breaches, and also a theft of data Performance and availability The performance of the database is supposed to satisfy the needs of the company. It should be available all the time. Compliance Problems of compliance depending on company size, business model, area of operation and customers served. There is need to comply to standards to avoid penalties and potential fines which is a challenge. Intergration nd upgrades. The rate of technological change is very high hence difficult and costly to stay up to date. Technology Adoption Methods Method Name Method Description Aligning technology and strategy The technology is supposed to meet all the demands of the organization. Analysis of the current systems Important for showing the need for new technology in the organization or not. Aligning technology nd company goals Technology should help the company meet its goals and objectives. Cost/Benefit Considerations Benefits Costs Considerations Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 6 of 10 Acquire a new database system $3500 It will help the company store a large amount of data efficiently and have easier access to information. Software Application Recommendations Software Application Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Market knowledge The software must align with the demands in the market 6 Communication The program should ensure there is good communication between departments 7 Expertise in the organization The employees with IT skills in the organization 5 Software Application Recommendation Recommended Software Application Description Benefits Aggregate Selection Criteria Score Internet browsers Such as Firefox, Chrome, and also opera mini Used for accessing the internet 6 Microsoft suite Such as Excel, outlook, word, and word Helping in the management of documents 5 Software Application Vendor Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Defining the requirements Looking for applications that are required in the organization 4 Expectations of all features Coming up with the specific software features needed 6 Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 7 of 10 Checking on the reports of the software The software has to explain the company 8 Software Application Recommended Vendors Vendor Name Vendor Strengths Vendor Weaknesses Products/Services Provided to Project Aggregate Selection Criteria Score EMC Has all the products of software for revenue Maintenance of software is not provided Provides sophisticated software for the company 2 Amazon web services Offers all software revenue products Does not provide professional service revenue Provides sophisticated software for the company 9 Software Application Deployment Challenges Deployment Challenge Deployment Challenge Description Lack of knowledge The employees are likely not to have enough knowledge on how to use the software Data safety The software is likely not to be secure to be used in the organization. Technology Adoption Methods Method Name Method Description Aligning technology and strategy in the company The technology is supposed to align with all the requirements in the organization. Analyzation of the current demands in the company To understand which technology is needed Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 8 of 10 Training The employees are supposed to be trained on how to use the technology Cost/Benefit Considerations Benefits Costs Considerations Buying new computers $3000 To install the latest software in the organization Employing skilled staff $3330 Using and maintaining the new software in the organization Cloud Services Recommendations Cloud Services Selection Criteria Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Cost The cloud is supposed to be cost-effective in the organization. 9 Safety and quality The cloud is supposed to be safe and should not fail 9 Risks The cloud is supposed to be free from risks 3 Cloud Services Recommendation Recommended Cloud Services Description Benefits Aggregate Selection Criteria Score Dropbox Limited to 2GB Used by light browsers 9 Google Drive Limited to 15GB Used by teams and for collaboration in an organization 9 OneDrive It has a limit of 5GB Suitable for different window programs 7 Cloud Services Vendor Selection Criteria Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 9 of 10 Selection Criteria Name Selection Criteria Description Selection Criteria Value (Weighting in Points) Data security The provider should ensure that data is protected. 9 Terms of service There should be adequate customer support by the provider 7 Service roadmap The objectives of the company 6 Cloud Services Recommended Vendors Vendor Name Vendor Strengths Vendor Weaknesses Products/Services Provided to Project Aggregate Selection Criteria Score Amazon web services Provide various services such as database storage, among other services Expensive It is flexible 9 IBM cloud Fast and satisfies the needs of the consumers Not reliable Offers different services such as infrastructure as a service and also platform as a service 7 Google cloud Leading provider of cloud services Not secure It can be used for various purposes such as YouTube and google storage services. 6 Cloud Services Deployment Challenges Deployment Challenge Deployment Challenge Description Data security Increase incidences of data breaches in the company. Copyright 2020 by University of Phoenix. All rights reserved. Project Plan Draft BSA/425 v1.3 Page 10 of 10 Performance and availability The performance of the database is supposed to satisfy the needs of the company and should be readily available. Technology Adoption Methods Method Name Method Description Aligning with technology and needs of the company The technology should satisfy the needs of the organization. Analysis of the current system To understand the kind of system needed in the organization Training To train employees to understand the technology and how to use it appropriately. Cost/Benefit Considerations Benefits Costs Considerations Employee more staff $3050 Employees that have skills for controlling the cloud services in the organization. Copyright 2020 by University of Phoenix. All rights reserved. BSA/425 v1.3 Supporting Research Report Fill out each section with information relevant to your project. Be sure to include the name and purpose of your project. Supporting Research Report for: Project name: Purpose of the project: To ensure network and technological advancements in the company. Executive Summary The pace of technological change improves is increasing. Today, most organizations depend on technology to stay ahead of the ever-increasing international competition and to transform the way activities are conducted (Porzio, 2021). Businesses must be aware of the software accessible to them and how it may impact their sales, expenses, and promotion. Technology has transformed every aspect of corporate operations and how they are carried out in the twenty-first century. From customer support to more efficient delivery techniques, company owners now gain several conveniences from the varied software, equipment, and increase the opportunities that technology has made available (He, 2021). Companies must evaluate the value and ensure informed judgments about whether to adopt cutting-edge technologies. Copyright 2020 by University of Phoenix. All rights reserved. Supporting Research Report BSA/425 v1.3 Page 2 of 6 Industry Background The banking system plays an important role in the overall monetary sector by collecting deposits from consumers across the country and making these monies accessible for reinvestment, either through loans or purchasing assets (Porzio, 2021). Presently, the banking industry is a crucial component of any country’s economic development and is crucial for the fiscal well-being of individuals, organizations, governments, and the entire world. Although banks deal with outdated systems and stricter regulations, agile and lean financial technology start-ups focus on their clients. To maintain pace with their competition, banks implement future-proof technological innovations (He, 2021). Technology advancements in the banking industry have emerged that are critical for institutions to compete in a virtual world. Technology Trends Banks strike a balance by revitalizing their fundamental technologies to support new goods and services to become fully data-driven by implementing technological advancements, ensuring their viability in the digital world. It is critical to modernize outdated enterprise resource planning systems and partially migrate them to the internet to fully realize a bank’s digital potential (He, 2021). The work of revitalizing fundamental systems is enormous, but the real kicker is that technologies to enable this effort have grown more widely available, userfriendly, and cost-effective in recent years. Banks have traditionally relied on business intelligence, but with ML technology, they can significantly improve their performance. ML platforms allow a transition to near-realtime data management, which can assist organizations in quickly discovering patterns, Copyright 2020 by University of Phoenix. All rights reserved. Supporting Research Report BSA/425 v1.3 Page 3 of 6 revealing anomalies, generating insights, making forecasts, and moving closer to online analytical. Legacy computer systems are often compartmentalized and geared to aid with rational decisions. With the advent of newer data-driven technologies such as virtual reality, AI, and ML, businesses are preparing for a future wherein data is freely accessible across all sections. The final critical technology trend for banking is cybersecurity. Cybersecurity threats are growing more common as well as more effective. This necessitates banks beefing up their defense procedures (Porzio, 2021). The principle of ‘zero trust’ holds that no individual, workload, equipment, or system can be trusted intrinsically. Each access request should be checked against all accessible pieces of data, such as the system administrator, device, location, and other characteristics. Project Approach. The cost of introducing innovation, the practicalities of making the transition, the personnel education that will be necessary, and the uncertainty may all be intimidating for enterprises. E ill ensures to Align technology and strategy. The technology is established to satisfy all of the organization’s requirements (Shair, 2021). I’ll also analyze the current systems. It is important for showing the need for new technology in the organization or not. I’ll have a marketing perspective. This approach will help determine whether individuals ve problems with technological changes, and determine solutions to problems. Selected Vendors Cisco is among the selected vendors. They offer a Fast network, 24/7 customer services, and provide a heavy network in the organization (Shair, 2021). Alloys have good customer care; it is very cost-effective. It provides encryption technology provided by the company and provides protection of the company against any intrusion that comes from Copyright 2020 by University of Phoenix. All rights reserved. Supporting Research Report BSA/425 v1.3 Page 4 of 6 outside. Oracle has a powerful support cloud and is also very complex. It often provides consolidated cloud services that manage the database and ensure training for the staff. Alternative Approach Alternative approach To void too much shock to the system, e ill implement the change in phases. If you make too many changes too quickly, you risk shocking the entire system. It is preferable to gradually in the modifications, giving users room to become accustomed to updated software and enabling them to develop their ideas on how to effectively use it (Porzio, 2021). This feedback is an essential component of the attention and learning process. Impact Analysis The term “technology impact analysis” involves the evaluation of the influence of innovation on the company that may emerge when the technology is introduced, created, enhanced, or updated, with a focus on unanticipated, indirect, or delayed implications (Shair, 2021). Banking technology is typically a collection of various technological tools, such as expanded product and service offerings. The banking process is now speedier and more secure than it was before. Information and database management and retrieval have now become considerably faster and easy. The basic banking system is also improved by digital banking. With CBS (core banking system) all offices have access to common centralized data and are interconnected. Transactions are more transparent, and the breadth of deception in banks is being reduced through the use of passwords and double identification in internet transactions. Technology also encourages contestability, resulting in greater services for customers. Cost-Benefit Analysis Copyright 2020 by University of Phoenix. All rights reserved. Supporting Research Report BSA/425 v1.3 Page 5 of 6 New technology will be led to having more staff and thus increasing productivity. The company will need to Acquire a new database system (He, 2021). This will help the company store a large amount of data efficiently and have easier access to information but also it is n increased expense to the organization. Financial Analysis Banking technological improvements are a very hot issue practically everywhere in the globe, particularly in the previous few years. Banks make investments in this area to gain clients’ attention. As a result, survival in such a competitive marketplace is achievable. Investing in technical features has a significant impact on the financial performance of commercial banks since it promotes efficiency in banking activities. Banking technology also has an impact on bank profitability and costs, both positively and negatively (Porzio, 2021). Expense is most likely the most significant disadvantage of technology and the company. Technology is constantly evolving, which means that it necessitates frequent and pricey upgrades as time passes. Each technological improvement necessitates personnel training, which diminishes the industry’s productive hours. The shortfall, combined with the high expenses of software and hardware deployment, will have a significant impact on the firm’s performance and profitability (He, 2021). Furthermore, if a new system upgrade is implemented, there will be continuing maintenance expenditures, and certain employees may struggle to master how to utilize these new applications/technologies, reducing their work effectiveness. Risk Analysis The use of computer networks in the day-to-day administration of the bank, balancing of accounting records, and storage and retrieval of data and reports create technology risk. Copyright 2020 by University of Phoenix. All rights reserved. Supporting Research Report BSA/425 v1.3 Page 6 of 6 The risk might arise from the use of faulty or incompatible technologies, as well as the use of untested or outmoded technology. Violation of privacy for access to the computer system, tampering with the structure, and unlawful use pose a significant danger. Banks’ fierce rivalry drove them to expand their system of banking services and products, as well as to offer enterprises off-site and allow consumers to access systems from their side. Rapid advances in technical systems applicable to financial services pose growing dangers to banks. References Del Gaudio, B. L., Porzio, C., Sampagnaro, G., & Verdoliva, V. (2021). How do mobile, internet, and ICT diffusion affect the banking industry? An empirical analysis. European Management Journal, 39(3), 327-332. Shair, F., Shaorong, S., Kamran, H. W., Hussain, M. S., Nawaz, M. A., & Nguyen, V. C. (2021). Assessing the efficiency and total factor productivity growth of the banking industry: do environmental concerns matter?. Environmental Science and Pollution Research, 28(16), 2082220838. He, D., Yu, K., Li, W., & Wu, J. (2021). Determinants of technology adoption: evidence from the Chinese banking industry. Emerging Markets Finance and Trade, 57(11), 3167-3189. Copyright 2020 by University of Phoenix. All rights reserved.
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