General Project Information Charter Date: Project Name System Market and Functionality Project Sponsor Madam Siti Fatimah Binti Abdul Razak Project Manager OO CHAN JIN Expected Start Date April 3, 2023 Expected Completion Date April 11, 2023 8 Project Details System market and functionality is a marketplace for buyers, sellers and businessman that come together to trade or sell in a given product or service The goals inlcuded : 9 Project Description - to analyze and evaluate the market for a specific system and to determine the functional requirements necessary for that system to meet the needs of its users. - involve researching the current market for similar systems, identifying potential customers and their needs, and determining the specific features and functionality that the system should have to meet those needs. - develop a comprehensive system that will facilitate market analysis, trend tracking, and marketing strategies 1.Search and filtering capabilities (price of product) 2. Product information and comparison 10 Key Requirements 3.Online payment 4. Vendor management 5.User feedback and reviews Increased efficiency: help users save time to compare and evaluating the different vendor's products, as all the information and tools needed for the evaluation are available in one place. 11 Expected Benefits Cost savings: help user find the most cost-effective for their needs, as they can compare prices and licensing models from different vendors. Improved decision-making: provide customers with comprehensive information including features, pricing, and user reviews, which can help them make more informed decisions. 12 Estimated Costs & Resources Around RM 85,000including personnel costs, marketing costs, hardware and software costs and data analytics costs. 1.Project Planning Phase (1-2 weeks) 2.System Design Phase (2-4 weeks) 13 Estimated Milestones 3.System Development Phase (6-10 weeks) 4.Data Analysis and Marketing Phase (46 weeks) 5. Documentation and Training Phase (2-4 weeks) ject Manager : Loo Chan Jin Data Analyst : Chan Kah Hao 14 Project Team Software Developer : Lim Ping Liang Marketing Specialist : Chen Hoe Mun Technical Writer : Pee Yi Jing 15 Stakeholders (impacted) Customers, vendors and suppliers, investors, industry expert and employees. Financial risks : Loss of Financial investment, risk of cost overruns, revenue shortfalls, and lack of funding. 16 Overall Project Risk Resource constraints: These include the constraints on time, budget, and talent. -Market risks : The risk of market saturation, competition, and changing customer preferences. - Technical risks : The risk of system failure, security breaches, and data loss. 17 Project Exit Criteria The system's feature has been fully tested and all defects have been resolved. The features meet all the requirement