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Assignment on the capstone course development program

Category: Finance Paper Type: Assignment Writing Reference: APA Words: 1200

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

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