Using the process that you developed in Group Project $1.$ Build out a project using your new methodology.

The Project

Using your new methodology, SCC would like you to complete the following project:

Scope: The scope of the project consists of $9$ applications

Below is key information necessary to complete your project

If you choose to leverage IRR, NPV$,$ PBP$,$ or PV you will use the information below:

Initial Development Cost $($YR $0)$ Year $1$ Income Year $2$ Income Year $3$ Income Year $4$ Income Year $5$ Income

Application $1$ $ $100,000\mathrm{.}00$ $ $25,000\mathrm{.}00$ $ $28,750\mathrm{.}00$ $ $34,500\mathrm{.}00$ $ $36,225\mathrm{.}00$ $ $36,587\mathrm{.}25$

Application $2$ $ $125,000\mathrm{.}00$ $ $30,000\mathrm{.}00$ $ $36,000\mathrm{.}00$ $ $39,600\mathrm{.}00$ $ $40,392\mathrm{.}00$ $ $41,199\mathrm{.}84$

Application $3$ $ $150,000\mathrm{.}00$ $ $15,000\mathrm{.}00$ $ $18,300\mathrm{.}00$ $ $19,215\mathrm{.}00$ $ $20,752\mathrm{.}20$ $ $21,789\mathrm{.}81$

Application $4$ $ $75,000\mathrm{.}00$ $ $15,000\mathrm{.}00$ $ $19,500\mathrm{.}00$ $ $20,865\mathrm{.}00$ $ $22,116\mathrm{.}90$ $ $23,222\mathrm{.}75$

Application $5$ $ $135,000\mathrm{.}00$ $ $50,000\mathrm{.}00$ $ $55,000\mathrm{.}00$ $ $56,100\mathrm{.}00$ $ $61,710\mathrm{.}00$ $ $65,412\mathrm{.}60$

Application $6$ $ $210,000\mathrm{.}00$ $ $62,000\mathrm{.}00$ $ $71,300\mathrm{.}00$ $ $72,013\mathrm{.}00$ $ $72,733\mathrm{.}13$ $ $75,642\mathrm{.}46$

Application $7$ $ $175,000\mathrm{.}00$ $ $85,000\mathrm{.}00$ $ $106,250\mathrm{.}00$ $ $111,562\mathrm{.}50$ $ $117,140\mathrm{.}63$ $ $119,483\mathrm{.}44$

Application $8$ $ $175,000\mathrm{.}00$ $ $60,000\mathrm{.}00$ $ $73,200\mathrm{.}00$ $ $74,664\mathrm{.}00$ $ $80,637\mathrm{.}12$ $ $83,056\mathrm{.}23$

Application $9$ $ $130,000\mathrm{.}00$ $ $75,000\mathrm{.}00$ $ $99,000\mathrm{.}00$ $ $101,970\mathrm{.}00$ $ $108,088\mathrm{.}20$ $ $110,249\mathrm{.}96$

Given the critical nature of the project, the company has developed a high$-$level budget and potential income for each application.

Year $0$ is the projected cost the company has estimated for the build of the component. This includes a $15\%$ overhead cost for project management work

Year $1-$Year $5$ is the amount of revenue the company has estimated for the product

The Acceptable Rate of Return for all projects with the company is $10\%$

If you choose to use Dot Matrix Voting or Monopoly Money, you will use the following information

Total Dots Monopoly Money

Application $129$ $ $4,487\mathrm{.}00$

Application $219$ $ $5,797\mathrm{.}00$

Application $323$ $ $3,280\mathrm{.}00$

Application $421$ $ $3,942\mathrm{.}00$

Application $518$ $ $4,792\mathrm{.}00$

Application $629$ $ $4,659\mathrm{.}00$

Application $712$ $ $4,579\mathrm{.}00$

Application $817$ $ $2,071\mathrm{.}00$

Application $99$ $ $3,177\mathrm{.}00$

Team Available $-$ The company has identified the following individuals who will be available to support the application development. Each individual can work on a single application.

Application Developer $1$ $$70\mathrm{.}00$ per hour

Application Developer $2$ $$65\mathrm{.}00$ per hour

Application Developer $3$

$$50\mathrm{.}00$ per hour

Application Developer $4$ $$65\mathrm{.}00$ per hour

$1$ Contractor $($Application Developer$)$ $$130\mathrm{.}00$ per hour

Manage a project

Describe the process that your team will use to elicit and decompose the requirements for the project

Develop a Project Overview Statement document for the project

Create a WBS for the project. Remember your WBS is a deliverable base, so there should be a section of your WBS that outlines our project management deliverables

Determine an updated budget

Using the following information develop a Gantt chart

Information in Months

Optimistic Estimate Pessimistic Estimate Most Likely Estimate

Application $1111312$

Application $291110$

Application $3121413$

Application $48109$

Application $5131614$

Application $691110$

Application $78109$

Application $8161918$

Application $9151817$

Describe $2$ strategies you can use to bring the project timeline to $12$ months.

Develop a team agreement

Using your defined prioritization process, prioritize each application.

Identify at least five stakeholders for your project and a communication strategy for each individual.

Identify at least five risks to include both threats and opportunities associated with the project. For each risk, please include the following information:

Impact

Probability

Description of the risk

Mitigation Strategy

Describe the process your team can use to determine if the projects are making the appropriate revenue.

Assignment Requirements:

There is no narrative paper required for this project, however, a "narrative PowerPoint slide" should be submitted, which should include an audio presentation by all the team members.

The PowerPoint slide should be submitted as a group to be graded. $($Hint: each team member can record their piece of the presentation and the project manager c