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Presented in-class @ The University of Lethbridge (Calgary Campus), Alberta. On the 11th of April 2014 by Zirgham Abeer, Gabriel Fortin, Ehimiaghe Emosi, Evrol Clarke and Moses Seriki For "Management Information Systems - MIS" course under the watchful eyes of Dr. Randall Dyck The app is meant to assist users know a current available parking spots in real time. We used two train stations to investigate for our Pilot study. This is developed for academic purpose only.
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PRE-PARK THE FUTURE OF PARKING INFRASTRUCTURE
HISTORY BEHIND THE PROBLEM
PRE-PARK SOLUTION
Spaces available- 112
WHO IS AFFECTED
A
B
C
D
E
F
G
H
Pre- Park Sensors
Team Formation
Project Ideas
Initial Draft
Creating WBS
Creating Stakeholders Analysis
Creating Communication Plan
Budget Meeting 2
Organizational Risk Identified
Technology Risk Identified
WBS Schedule
Research on Stakeholders
Final Gantt Chart
Financial Risk Document
Final network Diagrams
Revised Budget 2
Team Meeting 1
Team Meeting 3
Team Meeting 5
Team Meeting 7
Team Meeting 9
Final Project Draft
10-Jan-14 17-Jan-14 24-Jan-14 31-Jan-14 7-Feb-14 14-Feb-14 21-Feb-14 28-Feb-14 7-Mar-14 14-Mar-14 21-Mar-14 28-Mar-14 4-Apr-14 11-Apr-14 18-Apr-14 25-Apr-14 2-May-14
Pre - Park Gantt Chart
RISKS INVOLVED
• Technological Risk
• Organizational Risk
• Financial Risk
TECHNOLOGICAL RISKS
• Change in Technology• Hardware malfunction• Software Glitches• Customer Information
(hacking)
ORGANIZATIONAL RISK
• Legal Liability Risk
• Turnover Risk
FINANCIAL RISK
Investors backing outUnexpected Expenses
EXPECTED CAPITAL BUDGET
GANTT PROJECT AMOUNT ($)
Estimated cost of App and other supporting Software using GANTT 100,000
Estimated cost of Installation & Assembling 25,000
Estimated cost of Training: Employee, Managers and other technical computer experts and users
30,000
Estimated cost of maintenance and security: CTV camera, servicing ,logins database backup
25,000
Maintenance Expense 20,000
Expected Total Capital Budget $200,000
Expected Project Completion Time 6 months
THE ESTIMATED CASH FLOW PROJECTED
Year Cash flow $ DF@ 10% Present Value Project Payback ($)
0 (210,000) 1.0000 (210,000) 0
1 100,000 0.9091 90,910 90,910
2 130,000 0.8265 107,445 198,355
3 70,000 0.7513 52,591 11,645/52,591=200,000
4 50,000 0.6830 34,150
NPV $75,096 Payback = 2 years 3 months
CONCLUSION