Topic: Demand and Supply and Elasticity

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timer Asked: Nov 26th, 2018
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Question description

word count: 2000

  • Structure, Footnoting, Sourcing & Bibliography:
  • Analysis, Application & Evaluation:
  • Recommendation and Conclusion


Part 2:Presentation

Princes Nourah bint Abdulrahman University College of Business administration Project Management “Developed NOOR Application” Name ID PM. Nouf Al-Mahboub Sara Al-Aseeri Sadeem Al-Olayan Nada Al-Jurysi Alanoud Al-Shehri Meaad Al-Ghamdi Rawan Al-Shamrani Instructor: Dr. Date: Executive Summary: The Saudi ministry of education built NOOR system to connect all of the Saudi education institutions under the ministry of education through integrated data base. Noor system provide many of services for schools, teachers, students and parents. Services provided by Noor system: - Students’ grade. ( for both parents and students) - Teachers upload students’ grade. - Registration for the first grade students’. Also, Noor system provides SMS services “Noor SMS”, and it’s one of Noor services which it allows parents to see their kids grade through SMS messages. Noor system features: - Designed for widows XP and vista widows 7. - User friendly. - The Advanced Noor version is based on saving the database from your computer so you can edit and copy it. Project Objectives: The aim of this project is to develop and enhance Noor system, by adding more features. The features will include online communications between parents and Saudi education institutes’. New Noor system features: - Parents track their children’s attendance. - Exam schedules. (start and end date) - Announcements. (through SMS and mobile application) - Parents to communicate with education institutes “Teachers and school administration” through the application.s Developed Noor system will start with the Saudi government schools then all Saudi schools. Contents Executive Summary: ..................................................................................................................... 2 1. Introduction .......................................................................................................................... 4 1.1 Project Description .............................................................................................................. 4 2. 3. Project Definition: ................................................................................................................. 5 2.1 Project Scope: ................................................................................................................ 5 2.2 WBS: ............................................................................................................................ 6 2.3 Estimating Time & Cost: ................................................................................................. 6 Project Plan: ......................................................................................................................... 7 3.1 AON: ............................................................................................................................ 7 4. Risk Management: ................................................................................................................. 8 5. Project Resources: ................................................................................................................. 8 5.1 Resources Identification: ................................................................................................. 8 5.2 Resource Allocation: .....................................................................................................12 6. Project Closure:....................................................................................................................12 7. Conclusion: .........................................................................................................................12 References ..................................................................................................................................13 Table of figures Figure 1 “Project WBS” .............................................................................................................. 6 Figure 2 " Project Network Plan" ................................................................................................ 7 Figure 3 “Survey“ ....................................................................................................................... 8 Figure 4 “Survey Result” ............................................................................................................ 9 Figure 5...................................................................................................................................... 9 Figure 6...................................................................................................................................... 9 Figure 7...................................................................................................................................... 9 Figure 8.....................................................................................................................................10 Figure 9.....................................................................................................................................10 Figure 10...................................................................................................................................10 Figure 11...................................................................................................................................11 Figure 12...................................................................................................................................11 Figure 13...................................................................................................................................11 Figure 14...................................................................................................................................11 Table of tables Table 1 ....................................................................................................................................... 5 Table 2 " Risk Management" ...................................................................................................... 8 Table 3 “Project Closure” ..........................................................................................................12 1. Introduction 1.1 Project Description The aim of this project is to develop and enhance Noor system, by adding more features. The features will include online communications between parents and Saudi education institutes’. We believe that this project will help the Saudi ministry of education to communicate with student’s families, also, opportunity to expand in technology aspect. Will require SR150,000 and three months. The Sponsor Name: Dr. Ahmed Aleisa ( Saudi Minister of Education Ahmed.Aleisa@sa.edu.com Project Manager and Team Members • Nouf Al-Mahboub, Project Manager, Nouf.Al-Mahboub@sa.edu.com • Sara Al-Aseeri, Team Member, Testing Expert • Sadeem Al-Olayan, Team Member, Testing Epert • Nada Al-Juraysi, Team Member, Business Intelligent Specialist • Alanoud Al-Shehri, Team Member, Programmer • Meaad Al-Ghamdi, Team Member, Programmer • Rawan Al-Shamrani, Team Member, Programmer Focus Group • The new Noor system should be user friendly. • The system should provide all user services needed. • Should finish the development at the set time. • Integrating the government data with the new system. Deliverables of the project • Developing Noor Sytem. • Mobile Notification System • Servers and Systems for Noor. The main purpose of this project is to deliver a new developed system which already exists, in order to align with Saudi vision 2030 and to enhance the services provided by the ministry of education. We will propose this project idea to the ministry to release the new developed Noor system. 1. Project Definition: 1.1 Project Scope: Noor System: if the initially purchased servers are not applicable for our project, Government should buy the more recent servers based on our description and guidelines. If the initially bought servers are applicable for enhancement and will able us to save money from that process, then you can enhance to the extent where it satisfies the project objective. Servers: if the server that initially been assigned to the project requirements is applicable to the guideline of the project then there is no needs for the ministry of education to buy new hardware for the project, unless the server couldn’t handle the information that are transferred through the process of the project, then we need to buy a specified server that can handle the project objectives very well based upon our guidelines. Notification System (New): we need a notification system that will help to alert the users on the arrival of the notification. The notification system as a software will be bought from MADAR Co. at a discounted price for novelty of our project. We will use current government servers so no need for new servers to be bought. Table 1 Ref Project Scope Checklist Yes 1 New system to be implemented? 2 Old system to be developed? 3 New servers? 4 Government integration? √ 5 Workflows √ 6 Project deliverables √ 7 Project acceptance √ No √ √ √ 1.2 WBS: Figure 1 “Project WBS” We used WBS in our project to help us with assigning responsibilities, resource allocation, monitoring the project, and controlling the project. The WBS makes the deliverables more precise and concrete so that the project team knows exactly what has to be accomplished within each deliverable. 1.3 Estimating Time & Cost: Based on the requirements and project scope the estimated time and cost to complete this project is will require SR150,000 and three months. 2. Project Plan: 2.1 AON: Figure 2 " Project Network Plan" Testing Testing is a very important stage in the plan. We need to ensure that the quality of the services is good enough to deliver. Testing is the reason why many products or services succeeded because it allows them to demonstrate how the product will work. In this stage, we need to know how the developed Noor system will provide the services needed how the program will function to fix the bugs if there is any. • Integration test: integration test is occurred to test functionality grouped components, and it’s happen between unit and system test. • System testing: It’s focuses on viewing the whole picture and its views the systems as one system and make sure that its works fine. • User acceptance: It test how the users will behave with the developed system and if they’ll accept it as a new technology and culturally. • Performance testing: It tests the services provided and effectiveness of delivering services and how accurate it will deliver. Testing will not solve every defect and bug but it will give us some insight about very important bugs and defects that needs to be fixed before user’s uses this system. 3. Risk Management: Ranking Potential risks 1 Lack of inputs from the project team 2 Lack of inputs from the project stakeholders 5 Government regulation. 6 Failure in communication with users 7 Server down 8 Failure of school data integration 9 Time of services 10 Payment method malfunctions. Table 2 " Risk Management" 4. Project Resources: 4.1 Resources Identification: We have made a survey asking specifically for parents which is regarding to the current Noor system. Figure 3 “Survey“ Figure 4 “Survey Result” As we can see in figure 4, there were 44 responses from parents to the survey made for current Noor system. Below we can see the summary of responses: Figure 5 37 parent’s response to the question above sayin that they are satisfied with current Noor system. Figure 6 The majority think that Noor system should be developed. Figure 7 Figure 8 Figure 9 Figure 10 Figure 11 Figure 12 Figure 13 Figure 14 The majority of parents’ response and think that Noor current system should be developed developed on matter to provide more services aligning with the new features we have suggested in our project. 4.2 Resource Allocation: We’ve used different methods to collect our project requirements. We’ve used surveys for our customers and we’ve created a group specialized in new ideas and requirements to have the best opportunity in the project Users’ surveys • Users think that Noor system should be developed. • 90% of users say Noor should provide more services. • They prefer to contact school administration through Noor system. • They prefer to receive their children exams schedule. • They like to have a mobile application for Noor system. 5. Project Closure: Table 3 “Project Closure” Project Closure Check List √ √ √ √ Team Have performance reviews for team members been conducted? Vendors Have performance reviews for all vendors been conducted? Have project accounts been finalized and all billing closed? Users Has users been questioned to assess their satisfaction the new developed Noor system? 6. Conclusion: In conclusion, the point of this task is to create and upgrade Noor framework, by including more highlights. The highlights will incorporate online correspondences among guardians and Saudi instruction foundations'. We trust that this task will help the Saudi service of training to speak with understudy's families, likewise, chance to extend in innovation perspective. Also, to align with the Saudi vision 2030 in order to make enhancement and to be align with the development of technologies. References - Free flowchart maker and diagrams online. (n.d.). Retrieved from https://www.draw.io/#G1wup1d7WvVKsU7S6jaHcfXH_M0wKqddJU - Free flowchart maker and diagrams online. (n.d.). Retrieved from https://www.draw.io/#G1wup1d7WvVKsU7S6jaHcfXH_M0wKqddJU
Prince Mohammad Bin Fahd University COLLEGE OF BUSINESS ADMINISTRATION ECON 1312 MICROECONOMICS FALL 2018 Group Research Project 20 % (on 02/12/2018 before 4 pm on blackboard) NAME: _______________________________________ ID #: __________________ NAME: ______________________________________ ID #: __________________ NAME: _______________________________________ID #: __________________ NAME: ______________________________________ ID #: __________________ 1 Aims and Objectives: The aims of this project is to get you to: • • • To apply the knowledge gained from the microeconomics course to this group project. To estimate the opportunity & production costs and resource allocation. To analyze the behavior of markets for particular goods and services and the role of government. Assignment Guidelines: Part 1: Group Report • • You will work in a group of Three or four. Each person’s individual contribution must be clearly shown. You will need to keep a written record of group work, meetings etc. Working in groups is not always easy. Dealing with minor difficulties is part of the learning experience. Nevertheless, should any issues arise in your group that seriously hinder the progress of your group work; you should contact your course leader immediately. As we discussed, you are expected to prepare and present a project in which you will demonstrate your understanding of some of the concepts which we’ve covered in this ECON 1312 course. What You Have to Do: You will submit a 2000 words group project report on the topics below using PMU formatting guidelines. Make sure you include references. The report will be graded on content (how well you have covered the course material, accuracy and completeness of research, etc.) • • • • • • • • • • Cover page (your names, date & number of words) Executive summary or an abstract (A high level summary of the project) Table of contents Introduction (background of chosen banks, firm or institution) What the chosen company is doing regarding your chosen topic. Analysis and evaluation. Recommendations Conclusion (summarize all the above) References/bibliography Your project should be no more than 2000 words (executive summary, bibliography and any appendices do not count towards the word limit). The group will also have to give a formal presentation of their project to a panel of teachers. You must then develop a comprehensive group project on the below topics: Topics: 1. Demand, supply and elasticity 2 2. 3. 4. 5. 6. 7. Production and cost Market structure and competition Factor markets and uncertainty Economic inequality Opportunity costs Scarcity The group will also have to give a formal presentation of their project to a panel of teachers. Plagiarism: Plagiarism is presenting someone else’s work or ideas as if it were one’s own. Examples of plagiarism include the following: • • • • • • • • • Copying another person’s work either word for word or making some changes but keeping the structure, much of the language, and main ideas the same. Even if the work is not published, it should be treated as someone else’s work and not one’s own work. Buying, borrowing, or otherwise obtaining and handing in a paper, project or course assignment as if it were one’s own. Turning in someone else’s paper as if it were one’s own is strictly prohibited, even if the paper is enclosed in quotation marks. A large part of a paper cannot simply be quotations. Allowing someone else to edit, rewrite or make substantial changes in one’s work and turning it in as if one had done it all, without acknowledging the other person’s contribution and without prior permission of the instructor. Using someone else’s words or ideas without crediting that person. If a student uses someone else’s words, he must identify them by putting quotation marks around them and citing the source. If a student downloads a picture from the Internet, he must cite the source of the picture. If a student paraphrases someone’s work, he must specify the source of the statement. Every book, magazine, or Internet site used in a paper must be identified in the bibliography. At any time, if a student thinks he may have unknowingly plagiarized someone’s work, he should discuss it with his instructor before turning in the assignment.” Marking Guidelines 3 Part 1: Group Project 20% 1. Structure, Footnoting, Sourcing & Bibliography: Clear structure to assignment; an introduction giving an indication of what the assignment contains; main body with clearly defined sections/topics and a conclusion/recommendation summing up or rounding off what has been presented. Coherence (does it make sense?). You must have a bibliography/sources section at the end: minimum of three sources. 2. Analysis, Application & Evaluation: This is the most important section, it should contain an analysis of the strengths and weakness of each topic, product or service displaying an understanding of the microeconomics tools. 3. Recommendation and Conclusion Part 2: Presentation 5 % Rubrics Used in Evaluation of Project Characteristics of the Project • • A Achievement that is outstanding relative to the course and GPA requirements • • • • B+ & AAchievement that is significantly above the course and GPA requirements • • • The identification of key issues is clear and thoughtful. The research on the surrounding facts of the case is comprehensive and includes critical understanding and observations that go beyond mere description and indicate personal involvement and innovative thinking. The application of financial tools is excellent, demonstrating careful evaluation in choosing the tools and consideration of their assumptions and limitations. The evaluation of alternative action plans is comprehensive, and the justification is rigorous. The recommendation is persuasive, arranged in logical manner and employs appropriate language. It brings the issue full circle, illuminates its overall significance and provides a sense of closure. The identification of key issues is clear and thoughtful. The research on the surrounding facts of the case is comprehensive and includes observations that go beyond mere description and indicate personal involvement. The application of financial tools is rigorous. All questions were answered. The evaluation of alternative action plans is comprehensive, and the justification is rigorous. The recommendation is persuasive, arranged in logical manner and employs appropriate language. 4 B- & B Achievement that satisfactorily meets the course and GPA requirements C & C+ Achievement that minimally meets the course requirements but may not meet the GPA requirement F Achievement that does not meet requirements for course with normal grading mode. • • • • • • • • • • • • • • • • • The identification of key issues is clear. There is appropriate research on the surrounding facts of the case. The application of financial tools is appropriate and contains no significant conceptual mistakes. All questions were answered. The evaluation of alternative action plans is appropriate, and the justification is rigorous. The recommendation is arranged in logical manner and employs appropriate language. The final report was handed on time; The identification of key issues is not entirely clear. The research on the surrounding facts of the case is limited The application of financial tools in answering the questions is limited and contains conceptual mistakes. The evaluation of alternative action plans is limited, and the justification is weak. The recommendation is logical but weak, confusing. The final report was not handed on time. The authors misidentified the key issues. There is no research on the surrounding facts of the case. The analysis does not apply financial tools seen in the textbook or only mention them. Some questions went unanswered. The evaluation of alternative action plans is poor, or absent. The recommendation is confusing or absent. Rubrics Used in Evaluation of Project Presentation Performance Area Grades Organization Eye Contact Below Expectations Meet Expectations Above Expectations F C & C+ B-, B & B+ Does not follow logical sequence (jumps around in presentation). Reads most or all of report, making little to no eye contact with the audience. Follows logical sequence, but fails to elaborate. Follows logical sequence and provides some explanation. Follows logical sequence and provides explanations/elaboratio n. Maintains eye contact with audience most of the time, but frequently returns to notes. Sometimes returns to notes, maintaining eye contact with audience during most of the presentation. Never returns to notes, maintaining eye contact with audience throughout the presentation. 5 Significantly Above Expectations A- & A Delivery Conclusion Responsiveness & Time Multimedia Support and Visual Aids (Charts, animation, graphs, handouts, posters, videos, slides, sound) Mumbles, mispronounces terms, and makes serious and persistent grammatical errors throughout presentation; speaks too quietly to be heard by many in audience. Weak or no conclusion provided (it is too vague to be of any practical value) or the recommendatio n is weakly related to the analysis. Cannot address basic questions about the topic or addresses them in a superficial manner; does not finish on time or finishes well before allotted time. Includes little or no multimedia or uses it in a distracting or ineffective manner (difficult to read, has errors and/or typos, etc.). Voice is relatively clear, but a bit low to be heard by those in the back of the room; makes few major grammatical errors, and mispronounces some terms. Speaks clearly and loud enough for all in audience to hear, makes no grammatical errors, and pronounces all terms correctly and precisely. Speaks confidently, clearly and loud enough for all the audience, excellent use of body language, makes no grammatical errors, and pronounces all terms correctly and precisely. Provides an adequate summary and/or recommendation that is reasonable given the information/analys is presented. Conclusion provides a fair idea to the audience about the topic and gives an idea that the presenter is summarizing the whole. Demonstrates an ability to address most questions in a thoughtful and effective manner; finishes on time. Effectively summarizes the presentation and provides a sense of closure. Includes mix of multimedia but sometimes balance is not achieved. Includes a balanced use of appropriate multimedia that enhances the overall presentation (easy to read, attractive, informative, and error free). Demonstrates an ability to address most questions finishes on time but has to rush through last points to finish on schedule. Includes some of the multi-media that enhance the overall presentation; easy to read and informative, but not outstanding. 6 Addresses all questions in a manner that demonstrates a thorough command of the topic(s) of the presentation; uses the allotted time effectively; and finishes on time.

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School: University of Maryland

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