PRE-PARK THE FUTURE OF PARKING INFRASTRUCTURE

HISTORY BEHIND THE PROBLEM

PRE-PARK SOLUTION

Spaces available- 112

WHO IS AFFECTED

A

B

C

D

E

F

G

H

Pre- Park Sensors

Team Formation

Project Ideas

Initial Draft

Creating WBS

Creating Stakeholders Analysis

Creating Communication Plan

Budget Meeting 2

Organizational Risk Identified

Technology Risk Identified

WBS Schedule

Research on Stakeholders

Final Gantt Chart

Financial Risk Document

Final network Diagrams

Revised Budget 2

Team Meeting 1

Team Meeting 3

Team Meeting 5

Team Meeting 7

Team Meeting 9

Final Project Draft

10-Jan-14 17-Jan-14 24-Jan-14 31-Jan-14 7-Feb-14 14-Feb-14 21-Feb-14 28-Feb-14 7-Mar-14 14-Mar-14 21-Mar-14 28-Mar-14 4-Apr-14 11-Apr-14 18-Apr-14 25-Apr-14 2-May-14

Pre - Park Gantt Chart

RISKS INVOLVED

• Technological Risk

• Organizational Risk

• Financial Risk

TECHNOLOGICAL RISKS

• Change in Technology• Hardware malfunction• Software Glitches• Customer Information

(hacking)

ORGANIZATIONAL RISK

• Legal Liability Risk

• Turnover Risk

FINANCIAL RISK

Investors backing outUnexpected Expenses

EXPECTED CAPITAL BUDGET

GANTT PROJECT AMOUNT ($)

Estimated cost of App and other supporting Software using GANTT 100,000

Estimated cost of Installation & Assembling 25,000

Estimated cost of Training: Employee, Managers and other technical computer experts and users

30,000

Estimated cost of maintenance and security: CTV camera, servicing ,logins database backup

25,000

Maintenance Expense 20,000

Expected Total Capital Budget $200,000

Expected Project Completion Time 6 months

THE ESTIMATED CASH FLOW PROJECTED

Year Cash flow $ DF@ 10% Present Value Project Payback ($)

0 (210,000) 1.0000 (210,000) 0

1 100,000 0.9091 90,910 90,910

2 130,000 0.8265 107,445 198,355

3 70,000 0.7513 52,591 11,645/52,591=200,000

4 50,000 0.6830 34,150

NPV $75,096 Payback = 2 years 3 months

CONCLUSION