Project: To improve online banking system Conceptual Development (8\%) This is conducted in your group discussions where you - consider issues such as the problem the project is trying to fix - gather relevant information - look at possible project constraints - ask yourselves the question - Is there a more efficient solution to solve this problem? - Itemize clear project objectives which will naturally flow from the above analysis - Develop the Statement of Work (SOW) which is a detailed narrative description of the work required for the project. The SOW serves to give the project team guidance on work requirements as well as the results that are expected once the project is complete. - Consider some of your major stakeholders Scope Reporting (5\%) Here we are talking about a communication plan. - How will primary stakeholders be updated? - How frequently? - What type of information should be shared? - How will the information be acquired and disseminated? - Who should get what information