evaluate work breakdown structure in a project management and calculate financial analysis( ROI, payback period and NPV)

Bruce and other C-Level Managers have approved a Budget at Completion of AU$ 1.2 million and have made a provision of an additional management reserve of $100,000. This is subject to a change authorization and approval process and Vijay Singh as the project sponsor/champion will oversee the process. All the vice presidents are on board with the project and have provided assurance to support the project human resourcing as required from their relevant areas of responsibility. It is assumed that the project would commence in July 2023 and the new EPR to be commissioned by October 2023 (Quarter 1). The budget and projections provided include expected income for the full year. In addition to the assessments, key recommendations also include the purchase and installation of the following: 1. Oracle ERP Cloud SCM Implementation 2. Oracle Fusion Cloud Product Lifecycle Management (PLM) Implementation 3. Oracle CRM Implementation Another alternative was to licence and install Oracle Cloud ERP but it was not preferred by the vice presidents. Project Phases Your Consulting firm has been hired to manage the Enterprise IT Systems Project. As a project team, you are required to develop the project plan and manage the project through the initiation, planning, monitoring and control, and project closure phases. A set of templates has been provided and you are required to compete the documentation as per the requirements of the Project Management Institute (PMI). Note: You are allowed to make any reasonable assumptions regarding the implementation of the project as required.

The following activities have been identified as key tasks to be accomplished in the project: Phase 1 Conception & Initiation 1 Week Phase 2 Definition & Planning 3 Weeks Phase 3 Launch or Execution 8 Weeks Phase 4 Performance & Controlling 7 Weeks Phase 5 Closure 1 Week No development is within the scope of the project. Further implementation guidelines have been provided by Vijay Singhs team, in terms of key activities with estimated timelines as follows: Procurement of licences for all 3 systems - 1 week Preparation of the installation of the new systems 5 weeks Integrating Internal Systems 5 weeks Testing all upgrades 1 week Procurement of the licences must be completed prior to the preparation and installation of the new systems. SCM systems have been identified as priority number 1 and must be installed first (needs minimum of 2 weeks of work) by dedicated procurement staff and IT staff from each location. Work on the PLM can start concurrently as it needs at least 3 weeks with dedicated staff from operations staff and IT staff from each location. Due to limitations in experienced IT staff, work on the CRM can only commence once the work on SCM and PLM has been completed. The CRM installation is estimated to require 2 weeks with dedicated staff from Marketing and IT staff. The biggest challenge for the IT team will be Integrating the Internal Systems. The following internal Databases will be integrated: Inventory System Supplier Database Customer Database Distributor Database Product Database Invoicing System Human Resource System Accounting and Finance System Integration of the individual databases and systems can occur once the new systems have been installed. Your team needs to plan for the suitable integration of the above systems by understanding the relevant sequencing requirements for the integration. For preliminary costing purpose, the following figures have been provided: As an estimate, $450,000 is allocated for the project costs (staffing, outsourcing etc @ 150,000 per month for the 3 months). Other costs include licencing, training and operations ($250,000 per quarter) for the full year. Quarterly project revenue is $0 for Q1, $400,000 for Q2, $500,000 for Q3, and $650,000 for Q4. The project has been given the go ahead and your team now needs to initiate and plan the project.