NMT Website
Donnie Neilson
Dzhamal Issa Le Kang Naif Almatrafi
EXCELLENCE PROJECT
MANAGEMENT TEAM
Project Brief
Business Case
Products and Plan.
Budget and Financial Analysis.
INTRODUCTION
Napier Management Training wants to build a fully functional website before 31 st of August.
Scope: Design and Implementation of the WebsiteNetwork ConfigurationDatabase ConstructionInterface design including website’s map and navigationTesting
Constraints: Client changing requirements often Users: So who will use the website? Local Users or Foreign Users
PROJECT BRIEF
Why is NMT building the website?More Market Share.Offer Courses and Training in more organised fashionAttract more CustomersGain Consumer Trust by being Online24/7 AccessibilityOptimize business Processes
BUSINESS CASEREASONS AND BENEFITS
If you DO
Nothing
• Long term effects (Profits will remain at a (constant) or drop from the 60% capacity
• Students demand online services (NMT can’t Provide)
Minimal
Effort Implementation
• Technology is rapidly changing, so need regular upgrades to stay functional
• It will eventually cost the same as the high spend model
High Spen
d Model
• Latest Technology will be used to deliver a good service
• Project delivered on time• Higher Quality
BUSINESS CASE CONT’DBUSINESS OPTIONS
BUSINESS CASE CONT’DDIS BENEFITS
TIME
COST
SCOPE
QUALITY
Time: It will consume some of NMT’s staff s time while doing board meetings, brainstorming sessions and getting feedback during the testing period
Cost: The project is going to cost NMT 30,000 over a 6 month period
Quality: If website implantation is poorly delivered, the website wont reach its full potential, causing damage to the brand name.
Potential Scope Creep: If the client requests too many modifications to features the project might go over budget.
BUSINESS CASEDIS BENEFITS
Human Error – Or members of the team might leave their memory stick or laptop unattended, or not back up their data.
54% fail because of poor planning and direction
RISKS
WHAT PRODUCTS ARE THERE TO BE MADE?
HOW IS IT GOING TO BE DONE?
WAIT, I DIDN’T GET IT YET !
IS IT PROFITABLE?
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
-£80,000.00
-£60,000.00
-£40,000.00
-£20,000.00
£0.00
£20,000.00
£40,000.00
£60,000.00
£80,000.00
Net CashCash inCash out
IS IT PROFITABLE?
5%
6%
7%
8%
9%
10%
11%
12%
13%
14%
15%
16%
17%
18%
19%
20%
21%
22%
23%
24%
25%
26%
27%
28%
29%
30%
31%
32%
33%
34%
35%
36%-£5,000.00
£0.00
£5,000.00
£10,000.00
£15,000.00
£20,000.00
£25,000.00
£30,000.00
£35,000.00
NPV Profile
NPV
YES ! It is ! NPV for 12% = £18,443.88 IRR = 33%
Some assumptions: 3 Venues, 4 Classrooms in each venue. 60% capacity without the website. Capacity will increase until it reaches 90% on year 5. £250 per person for an entire year. 60% of yearly revenue is considered costs and taxes.
IS IT PROFITABLE?
QUESTIONS AND ANSWERS
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