Project Plan, Risk Matrix, and Key Factors Need Help Fast!

Anonymous
timer Asked: Feb 5th, 2018
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Question description

Project Plan:

Create a project plan for the new HWE Accessories website using Microsoft® Project. Include the following:

  • 10 to 15 tasks
  • At least 3 sub-tasks for each task
  • An explanation of the project plan and the reasoning behind it

Risk Matrix:

Based on the project plan created, build a risk matrix for the new website using Microsoft®Visio® or Excel®. Include the following:

  • Determination of impact and probability of occurrence
  • An explanation of the risk matrix and the reasoning behind it

Key Factors:

Develop a list of key factors that will help to determine whether the website project is successful. Explain each factor and how it will apply.

Format your document according to APA guidelines.

Compile the project plan, risk matrix, and list of key factors into a single 1- to 2-page Microsoft® Word document.

**** HWE Accessories produces accessories for cell phones, such as cases and screen covers. Most of the current sales occur in retail stores. The existing website for HWE Accessories is informational only. HWE Accessories is a relatively small company without an internal IT department. HWE Accessories would like to implement an entirely new website which will allow customers to browse inventory, compare items, and make purchases.****

**That is a brief explanation of the company and what they are doing.**

***I have chosen of the company, HWE, to outsource the website to Volusion.com***

Can someone please help me.. The project plan is the part I am extremely stuck on. I do not get it. I have tried and tried. I have attached my first paper on the assignment. This would go next.

Running head: INDIVIDUAL: HWE ACCESSORIES WEBSITE BUSINESS CASE Individual: HWE Accessories Website: Business Case Amber Marino BSA/515 January 29, 2018 Anthony Seymour 1 INDIVIDUAL: HWE ACCESSORIES WEBSITE BUSINESS CASE 2 HWE Business Case HWE Accessories, currently, sells cell phone accessories only in the retail market. HWE’s existing website is informational only and does not provide an avenue for revenue. The company intends to implement a new website that will allow customers to view inventory, compare, and purchase items. The new site will be an entirely functional e-commerce site, which will align with the company’s new objectives and vision. Analysis of the Situation HWE Accessories is a cell phone accessory company that is only selling in the retail market. HWE wants to branch out from retail and incorporate online sales. Their current website is for informational purposes only and needs upgrading to a fully functional e-commerce site. HWE Accessories is a small company without an IT department, so they will have to utilize an outsourcing company to build their website and host. They want the new website to allow customers to browse inventory, compare items, and make purchases. Since HWE is a small company, cost of the website will also be a priority to keep in mind. In today’s world, it is crucial for a company to have a website that provides customers the ability to browse inventory and order online, especially if the company sells technology accessories. Having an informational only website, HWE is not able to maximize their revenue potential generated from a fully functional e-commerce site. HWE’s new vision and objectives are to bring them into the current technology world and have a fully integrated computerized system that tracks inventory, organizes department features, allows online ordering/returns, and communicates with current and future customers on orders, sales, and new products. Cost-Benefit Analysis INDIVIDUAL: HWE ACCESSORIES WEBSITE BUSINESS CASE 3 HWE Accessories will first have to compile a comprehensive list of all costs and benefits of creating an e-commerce site. There will be direct, indirect, intangible, opportunity, and potential risk costs to factor. Also factoring in direct and indirect revenues, and intangible benefits. HWE will incur a direct and indirect cost of $1,458.00 to refurbish and upgrade their current website. The direct cost will be coming from them outsourcing their website building/hosting to the company, Volusion. $1,458.00 will be for the first year of the website, which saves the company 10% from the start choose to pay yearly. Volusion provides a one-stop shop for companies looking to outsource their e-commerce site. HWE’s indirect cost will be employee training and possible cost of downtime or disaster. Even though, the company has to incur a charge for the new site, their benefits on the rate of return should increase the revenue stream creating more profitability. The new website should boost monthly sales vs. the current informational site that produces no sales and cost to maintain/host. HWE’s market share can also increase from the new site creating customers outside their retail store areas. Preliminary Feasibility Study It is important for HWE to conduct a preliminary study to determine if the viability is worth proceeding on with the new website. Ensuring the project is legally, technically, and economically feasible for HWE to move forward, is the reason for checking the viability. For this study, HWE will be able to double-check the cost of upgrading the current site will meet their current objectives. Total Cost of Ownership According to Investopedia (2018), “TCO is the purchase price of an asset plus the cost of operation” (Para.1). HWE took into account other outsourcing sites to narrow down the best INDIVIDUAL: HWE ACCESSORIES WEBSITE BUSINESS CASE 4 purchase price, and also the long-term price, which encompasses the total cost of ownership. The site with the lower TCO, is the better value long-term. Return on Investment The ROI is essential when making company decisions as it will evaluate the new site by comparing the profit and the cost of the new site. HWE’s expectations are the new site will generate new income that will be profitable. ROI measures the amount of return on an investment relative to the investment’s cost (Investopedia (2), 2018). HWE will be able to assess the total cost of the new site with expected profits. HWE wants to implement an entirely new website that will allow their customers to browse inventory, compare items, and make purchases online. Due to HWE being a small company with no internal IT department, outsourcing the building and hosting of the new site to Volusion, is highly recommended. INDIVIDUAL: HWE ACCESSORIES WEBSITE BUSINESS CASE References Investopedia (1). (2018). Cost-Benefit Analysis. Retrieved from https://www.investopedia.com/terms/c/cost-benefitanalysis.asp Investopedia (2). (2018). Return on Investment. Retrieved from https://www.investopedia.com/terms/r/returnoninvestment.asp Investopedia (3). (2018). Total Cost of Ownership. Retrieved from https://www.investopedia.com/terms/t/totalcostofownership.asp Volusion. (2018). Pricing and Features. Retrieved from https://www.volusion.com/pricing 5

Tutor Answer

george
School: Rice University

Hi, here it is. Enjoy your evening.

Surname 1
Name

Instructor

Course Date

PROJECT PLAN, RISK MATRIX, AND KEY FACTORS

Introduction

HWE Accessories produces accessories for cell phones, like cases and screen covers in
which most of the current sales occur in retail stores. The current website for HWE Accessories
is informational only. HWE Accessories is a relatively small company without an internal IT
department. HWE Accessories would like to implement an entirely new website, which will
allow customers to browse inventory, compare items, and make purchases.

Project Plan

The project plan for the new HWE Accessories website would include various activities
and sub-activities including the following:

1. Information Gathering
2. Planning
3. Design
i. Visual design and site navigation using themes and layouts
ii. Design-time and run-time security

Surname 2...

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Anonymous
Top quality work from this guy! I'll be back!

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