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Part 2: Project Description In addition to building a methodology, SCC has hired you to complete a high-profile project using your new methodology. Project Description:

Part 2: Project Description

In addition to building a methodology, SCC has hired you to complete a high-profile project using your new methodology.

Project Description: Develop algorithm(s) to monitor user activity on the internet, the algorithms should work on the following applications used by the business today.

Application A

Application B

Application C

Application X

Application Y

Application Z

Project Costs:

Given the critical nature of the project, the company has provided the following information in terms of cost 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%

Part 2A: Project Requirements

Your paper should include the following information:

Project scope statement

Using the methodology outlined above, describe each phase of the project and its deliverables

Using your defined project management process outlined above, describe the life cycle model for this project

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

Using your defined prioritization process, prioritize each application.

Using the defined organizational structure, create a pictorial and narrative description of the organizational structure for the project.

Identify at least ten potential stakeholders for your project.

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

Category

Impact

Probability

Description of the risk

Mitigation Strategy

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