[AGILE PROJECT MANAGEMENT]Description: Project Proposal: the proposal will be written by the project team (you) who will make a proposal as an Agile Project Management consulting firm to address the issues that the case presents. The idea is to demonstrate expertise in Agile Project Management and demonstrate key competencies that are required in the field so the client would select your firm to provide the Agile Project Management services. The proposal paper should cover the following key areas: understanding of the client issues based on the case, key requirements of the client project, demonstration of Agile Project Management methodology, and identification of competencies of Agile Project Management. This includes a demonstration of how the Agile Project Management focused consulting firm would be able to address the clients challenges by demonstrating expertise in the Agile Project Management field.

Case Description: Impending Catastrophe of UltraFund UltraFund is one of the largest fund management companies in the world. Its innovative funds attract investors more than the funds at any other organization. By 1997, Charles Schwab, eTrade, and other financial companies had revolutionized stock trading. Customers could now manage their own fund accounts, buy and sell stocks and play the margins without the assistance of stockbrokers. The internet and mobile technology had enabled this functionality. Unfortunately, UltraFund had fallen behind this revolution. Its technology organization was large, bureaucratic and cumbersome. To make matters worse, they had implemented CMM level 3 in the last year. If incorrectly implemented, these practices can increase bureaucracy as they had at UltraFund. UltraFund explored ways to enable new technologies that could manage customer transactions. They landed on internally developing a sophisticated workflow system (XFlow) from the licensed source code of a commercial workflow product. The XFlow engineering team customized the product to meet UltraFunds needs, and it became central to UltraFunds information and workflow. The engineering team located in Salt Lake City enhanced and maintained XFlow for UltraFund companies worldwide. Given the internal success of XFlow, the engineering team planned to sell it to other companies. This decision created tension between the engineering group and internal customers. The engineering group prioritized enhancements that made the product more commercially viable while the internal customers prioritized bug fixes that would solve their internal operational problems. Over several years the two groups grew distrustful of each other, and several of the larger business units at UltraFund started investigating the possibility of replacing XFlow. If the internal customers implemented other workflow systems, interfaces would have to be built to accommodate them, and the UltraFund workflow would become less seamless. Also, losing some internal customers would hurt the remaining internal customers by decreasing the funds available to enhance and sustain XFlow. This was the start of a potential catastrophe at UltraFund.

Need the following points for the proposal

Project Objectives

Anticipated Benefits

Quality Definition

Major Deliverables

Estimated Timeframe

Potential Risks

Estimated Budget