Implementation
of the capstone course
development program
In
this section, it is discussed the important information related to the capstone
course development program. As the university wants to increase the business by
providing good and better educational services to university students. In the
implementation of this project, many things have been considered. As the
technology is growing and opens new ways towards improvements. the online
portal will be developed based on website and mobile applications, in which the
capstones students will be provided online resources aids. The online portal
which will be implemented in the Swinburne University, have the capability to
handle the curriculum related to every education program. The student body of
the university is the very large and admitted in different departments. The
online portal will maintain or organize all of the curriculum operations as
well as it will also provide them opportunity. By implementing this system into
the Swinburn university as well as providing the awareness to students about
the opportunities, the students will become able to have the opportunities for
the career development. For the implementation of the software hub into the
university, the software development team will analyze whole university
procedures and operations carefully and then the development work on this hub
will be started. As the project is large, it required software development
model and it was completely developed on the waterfall development model and
with the use of software development life cycle. Furthermore, the ERP server
will be used for this hub because it is the best option to handle and manage
all opportunities as well as all of the operations. It is because, the server
used for this hub can easily handle, manage and the provide the services to
every student. The plus point is that it will secure all of the data of the
students while interacting with the aided opportunities provided the hub. in
the last of this section, the implementation of the system in Swinburne
university can be expensive. No doubt, the implementation of this system will
be expensive but it has the ability to the provide security, and it also
ensures ethical proceedings of operations as well as the sustainability of the
development goals. Furthermore, the implementation of this project will take
larger time because of several types of technical activities. As the project
will be large, that’s why the project management team of this project needs a
proper timeline for the implementation of the project. The timeline for
implementation is provided in this document that clearly provides the estimated
time to the project.
Appendix
3.6
Recommendations of
the capstone course development program
It is recommended that
the management of the Swinburne university must have to considers the
implications as well as important challenges that can damage or harm the
services. There are many students studying in the university but the university
must have to focus to attract further students towards it. So, the technology
is needed to be implemented into the university. The software is only option
for them that can easily handle the operations of the university. It will
facilitate every educator and the learner. The students will especially have
the opportunities in the education field. Furthermore, the it also provides the
opportunity to learn more things as well as attend the class from anywhere. Because
the system will provide them more security to their personal information, they
can easily access their online classes. So, that’s why the project developed is
required(Kropp & Meier, 2013). For the
implementation, the software development and project management team is
required. Further explanation is provided below.
Budget
Plan for the implementation for the project for students of Swinburne
university is provided. As the project is larger and wants to handle every aspect
and area of the education in the university, it can take almost 3 years for
development. The project for ethical conductivity as well as business
sustainability of the University, the Swinburne University must have to the
invest its monetary resources on this hub because the bub will easily provide
effective services and the opportunities to the educators as well as learners
into the university. The budget plan for development and implementation plan is
providing information of investment or expenses that are expected in this
project. In the initial investment, the main investment will be calculated in
three areas. The development of this hub will take heavy investment. On the
other side, the cost on the other project management area such as customer/student/
stakeholder support, site maintenance, SEO, domain, overhead as well as
administration are also provided. The table is also showing the net benefits of
this project including Tax, value after Tax, cash flow as well as cumulative
cash flow. The development of this hub will take a lot of time that can be
completed expectedly in the within 3 years. (Kropp & Meier, 2013)
Budget
Plan for the Project of
the capstone course development program
Table 1: Budget Plan for development
CATEGORY
|
YEAR
|
0
|
1
|
2
|
3
|
INITIAL INVESTMENT
|
$ 202,800
|
|
|
|
Development
|
$ 111,000
|
|
|
|
Hardware
|
$ 59,800
|
|
|
|
Software
|
$ 32,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ADDITIONAL COSTS
|
|
$ 175,678
|
$ 175,678
|
$ 175,678
|
Project Management
|
|
$ 28,000
|
$ 28,000
|
$ 28,000
|
Customer Support
|
|
$ 46,000
|
$ 46,000
|
$ 46,000
|
Site Maintenance
|
|
$ 12,000
|
$ 12,000
|
$ 12,000
|
Cost of Sales
|
|
$ 14,000
|
$ 14,000
|
$ 14,000
|
SEO
|
|
$ 7,500
|
$ 7,500
|
$ 7,500
|
Advertising
|
|
$ 6,200
|
$ 6,200
|
$ 6,200
|
Domain
|
|
$ 40
|
$ 40
|
$ 40
|
Hosting
|
|
$ 130
|
$ 130
|
$ 130
|
Depreciation of Cap Exp ( 3yr )
|
|
$ 50,933
|
$ 50,933
|
$ 50,933
|
Overhead
|
|
$ 6,800
|
$ 6,800
|
$ 6,800
|
Administrative
|
|
$ 4,075
|
$ 4,075
|
$ 4,075
|
|
|
|
|
|
|
|
|
|
|
BENEFITS
|
|
$ 253,100
|
$ 253,100
|
$ 253,100
|
Reduction in Sales Staff
|
|
$ 82,000
|
$ 82,000
|
$ 82,000
|
Reduction in Customer Service Staff
|
|
$ 55,000
|
$ 55,000
|
$ 55,000
|
Reduction in Travel
|
|
$ 8,600
|
$ 8,600
|
$ 8,600
|
Reduction in Shipping / Printing
|
|
$ 7,500
|
$ 7,500
|
$ 7,500
|
Direct to Customer Sales
|
|
$ 22,000
|
$ 22,000
|
$ 22,000
|
Incremental Sales due to promotions
|
|
$ 33,000
|
$ 33,000
|
$ 33,000
|
Incremental Sales due to subscriptions
|
|
$ 45,000
|
$ 45,000
|
$ 45,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET BENEFITS
|
|
$ 77,422
|
$ 77,422
|
$ 77,422
|
TAX
|
|
$ 23,227
|
$ 23,227
|
$ 23,227
|
VALUE AFTER TAX
|
|
$ 54195
|
$ 54195
|
$ 54195
|
DEPRECIAITION ADD BACK
|
|
$ 50,933
|
$ 50,933
|
$ 50,933
|
CASH FLOW
|
-$ 95000
|
$ 105,128
|
$ 105,128
|
$ 105,128
|
CUMULATIVE CASH FLOW
|
-$ 55000
|
-$ 50,128
|
$ 50,128
|
$ 50,128
|
|
|
|
|
|
EVALUATION METRICS
|
|
|
|
NET PRESENT DAY VALUE (NPV)
|
-$ 23495
|
|
|
|
INTERNAL RATE OF
RETURN (IRR)
|
12%
|
|
|
|
Gantt
chart/ timeline of the capstone course development program
It is related with the time in which is required to
complete project in the given input and requirements of the project. It shows
the time period and developments of the project with time and shows the
performance with the related risk in given time period to invest in the
project. The project required planning in more as it shows time that is
required more and it is representing planning in the project.
Figure
1:Gantt Chart of development