Technology Product ROI
Project Charter: Technology Project for YourGard Technology Company
The project at focus in this study will involve hiring an outside contractor to develop the new application and an outside firm to design and construct the website. The web site must maintain the company vision and make the company's operation available in a technological sense to the world.
The purpose for this project includes the increase of market share and revenue through introduction of a new product line with technological features enhanced and increase of revenue through tapping into a larger base of customers through secure Internet sales. Finally, the purpose of this project includes the improvement of service to customers through engineering remote diagnostic, tuning and repair of the new product line.
Objectives of Project
The objectives of this project include the increase of the market share by 50% within two years of product launch through provision of touch screen technology and increased revenue by 25% within three quarters following product launch through acceptance of secure credit card transactions over the Internet. Finally, this project has the objective of increasing the satisfaction of customers by 25% among the existing customer base by becoming more technologically adept as customer satisfaction surveys have measured over the two-year period after launch of the product.
The budget available for the project is the sum of $500,000.00
The timeline set for the deliverables is 9 to 12 months.
The existing lines will undergo evaluation following the new line being on the market for a period of two years. Additionally, an enhanced website will be developed and launched parallel to the new line, which will enable the company to promote its products via the ...
The new product line and internet marketing and sales initiative will yield a solid return-on-investment within six months time.
VII. Information Technology Project
The new technology project is such that the new YourGard will be characterized by a touch screen color menu with graphical user interface (GUI) integrated into the product design. Users will be enabled to see their Pull/Stop configuration on this screen and when needed will be able to transmit their configuration to the office for diagnostic and tuning assistance. The following illustration shows the conception of this specific process.
VIII. Requirements for Detail Specifications for the Product
Involved in the new product line will be the following specifications:
(1) All pulls and stops replaced with 10"x10" touch color screen menu;
(2) Touch screen physically integrated into product design yet to be removed and replaced easily by the user for facilitation of repair and service upgrade. No tools to be required in replacement procedure, which will take a maximum of ten minutes.
IX. Web Site Enhancements
Website enhancements are to be inclusive of the sale of new and existing products over the Internet and user documentation for the new GUI to be made available on the company's website inclusive of step-by-step audio instruction and images of the final product. All credit cards are to be accepted with True-Sign as the credit card processing vendor.
X. Project Implementation
Project implementation will involve an outside technology consultant group being engaged to work with company engineers and craftsman to ensure the technology expertise needed to successfully implement the project. In addition, the company customer relationship management group will work on beta testing with several existing customers and the company quality control team will review and monitor the process of development and will work toward confirmation of the final acceptance of the product. The project will be characterized by collation between the outside technology firm and the company craftsman and quality control staff.
XI. Phases of the Project
Phase One - Specific project phases include the first step of extensive efforts at prototyping in order to ensure the graphical user interface touch screen…
Project Management Project Information, History, Intent, and Life Cycle Gray and Larson, (2008) define project as "a temporary endeavor undertaken to create a unique product, service, or result." (p 5). Essential feature of a project is that it has a defined beginning and end often subject to time or fund constraint to achieve stakeholder's goals and objectives. Gray and Larson (2008) differentiate between project and program. "A program is a group of
Project Management and the Transformation System In this research paper, the author discussed he concept of project management employing in a construction firm. The author described briefly, the mission of construction organization, i.e. its product and services, intended markets, and how the product or service is distinct from those offered by competitors. The author also analyzed the scope of integration of project management concepts such as; Project Planning, Portfolio, Life Cycle,
MARKET ANALYSIS & PRODUCT INNOVATION Market Analysis and Product Innovation: Facebook Inc. In an increasingly competitive environment, business organizations must remain innovative. They must deliver offerings that resonate with the ever changing needs of the consumer and the operating environment (Akbar & Tzokas, 2013). This often calls for product innovation, which has been marked as a crucial driver of competitive advantage in the contemporary marketplace (Song & Chen, 2014). Nonetheless, product innovation
Charter, Scope Management, Project Planning (Project Management) PROJECT CHARTER Sponsor: Government Agency Goal Definition and Performance Indicators in Soft Projects: Building a Competitive Intelligence System Problem/Opportunity Statement The rivalry between the different divisions in the tourism organization is very high, which calls for coordination. Nevertheless, this coordination would consume substantial portion of the organization's resources. The concept to utilize was felt, owing to the above challenges, and the organization to produce quality information, and the
IT Project Management PROJECT CHARTER Objective of this project is to upgrade the new computer system for the ACME Incorporation. The company has decided to launch the 200 desktop computers to enhance organization efficiencies. The company will also take the advantage of the new system to integrated effective security systems, which will include: Account lockout policy (SANS CSC 16-9), Password policy (SANS CSC 16-8), and Screen Lock Policy (SANS CSC 16-6). Integrated of effective security
Astra Zeneca Project Proposal to Streamline Operational Processes The pharmaceutical industry in general is undergoing extreme amounts of external pressures. Not only has the economic environment since the global recession been less than ideal, but there are increasing regulatory pressures and healthcare reforms that are also expected to dramatically change the environment in which AstraZeneca operates. It is in this environment that the organization must streamline its operations so that it can