Question: Propose a Project Status Report for Our Project (Try to make your response as genuine as possible ). Given: What is our project? We have

Propose a Project Status Report for Our Project (Try to make your response as genuine as possible ).

Given:

What is our project?

We have a software that will help customers (travelers) navigate through an airport, assist them with airport directory information, and offer them different in-app features to make their airport experience immersive.

The functionalities of our project will be deployed in three phases :

Phase 1 :

Navigation through the airport inclusive of:

  • Airport Map integration for Tier 1 cities
  • Support in English
  • Real-time TSA waiting times
  • Navigation between terminals
  • Real-time schedule of trains
  • Restrooms, restaurants, baggage claim locations
  • App-based taxi service locations
Phase 2
  • Partner with Restaurants
  • Real-time food ordering via application
Phase 3 Partner with airport services which includes ordering wheelchair, access, and buying passes for business / first class lounge

Required

Provide a business model for the project provided above. The Business model should contain the following ten sections

1. Project Budget - A tabulated project budget plan

2. Project Schedule - A tabulated project schedule with the following columns: Milestone, Timeline, Sucess criteria

3. Value proposition - What value do you intend in return for money

4. Revenue model - The different ways you intend to use to generate revenue

5. Market Opportunity- What are the company's intended market space (i.e., an area of actual or potential commercial value) and the overall potential financial opportunities available to the firm in that market space?

6. Business Objective

7. Competetive Environment - A firm's competitive environment refers to the other companies selling similar products and operating in the same market space.

8, Competitive Advantage - What is our differentiator? What is our unfair advantage? How will we emerge superior in the market?

9. Organizational structure -How will the company organize the work that needs to be accomplished? Typically, work is divided into functional departments, such as production, shipping, marketing, customer support, and finance. Jobs

10 Management Team- To be able to identify good managers for a business start-up, first consider the kinds of experiences that would be helpful to a manager joining your company. What technical background is desirable? What supervisory experience is necessary? How many years in a particular function should be required? What job functions should be fulfilled first: marketing, production, finance, or operation

N.B -

Watch out for any grammar errors. Build your ideas and sentences concisely. Section your answers so it is easy to follow. Include your references.

Use the references below to construct your answer

Reference Laudon, Kenneth & Traver Carol, 2016. "E-commerce. Business, Technology & Society." Twelfth Edition. Pearson.

Project Management Institute. 2021. "Guide to the Project Management Body of Knowledge. S.L"

  • In the second section (The Project Management Body of Knowledge), read pages 93 - 115

Nieto-Rodriguez, Antonio. 2021. Harvard Business Review Project Management Handbook How to Launch, Lead, and Sponsor Successful Projects. Boston, MA: Harvard Business Review Press

  • Read pages 217 - 262

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