Question
I need Only a Project Management Tutor Please! This project aims to find a solution for BlackRock Inc.'s increase in operating costs that directly result
I need Only a Project Management Tutor Please!
This project aims to find a solution for BlackRock Inc.'s increase in operating costs that directly result from employee salary and benefit costs. A solution will be to acquire a pre-existing Robo-advisor to provide financial advice where human advisors once were. Competitor investment management companies have implemented Robo-advisors as part of their system already, and BlackRock Inc. must find a way to compete with them.
The BlackRock Inc. investment management company provides investment management, risk management, and advisory services to institutions and individuals. The company's operating costs have increased due to employee salaries and benefits due to utilizing a system based on human advice. As a result, the operating expenses increased by 2.8% from US$8,741 million to US$8,988 million for FY 2019. This increase in demand makes it essential that BlackRock Inc. purchase a preexisting Robo-advisor from the market and implement it according to the company's current competencies to compete with other companies using Robo-advisors. Adding Robo-advisors to the current system will allow for partial automation of the process, reducing company costs and increasing productivity. It will also enable BlackRock Inc. to compete with other investment management companies adopting digital technology.
Make a WBS DICTIONARY for ROBO ADVISOR for BlackRock Inc. I want the:
Task description: | Sub delivery | Success criteria | Deliverable: | Efforts | Optimistic | Likely | Pessimistic | PERT | Resources: | Assumptions |
1. Testing | ||||||||||
2. Running the software in every environment | ||||||||||
3. Debugging | ||||||||||
4. documentation of all bugs | ||||||||||
5. Training staff | ||||||||||
6. Creation of a training plan | ||||||||||
7. new software documentation | ||||||||||
8. software rollout | ||||||||||
9. customer feedback | ||||||||||
10. user documentation |
BlackRock Inc wants to buy a Robo advisor and needs this WBS dictionary
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