Hardware Replacement Project
Hardware Replacement Project
Student Name
Introduction
solution to its corporate offices. The current hardware is outdated, and cannot support the
new CRM application; therefore it must be replaced before the new CRM can be
implemented.
There are five major variables of project management that are involved in hardware
replacement; scope, time, cost, quality and risk. I will be discussing these variables and
how they are associated to the hardware replacement project. I will be discussing things
that should be considered that will bring the best value business value as well as the risks,
approach, factors that may put the project at risk, and strategies to minimize these risks. I
Project Management
The degree of change required needs to be evaluated at the onset. Processes need to be
actionable and economic. “Project management activities include planning the work,
assessing risk, estimating resources required to accomplish the work, organizing the
work, acquiring human and material resources, assigning tasks, directing activities,
controlling project execution, reporting progress, and analyzing the results” (Laudon and
Laudon, 2009). There are important human resource implications, such as managing
expectations created by the project concerning time, costs, and results. The five major
variables during the execution phase of project management activities are cost, schedule,
scope, risks, and quality. The variable must be balanced in the planning stages. One must
consider the desired objectives vs. the realistic estimate, what can be done to reduce the
Hardware Replacement Project 1
risks. The scope and time are adjusted to stay in balance with costs. By meeting the
project scope, cost, time, and quality objective, the project success will probably be met.
Costs
The costs are based on the time needed to complete the project, times the cost of the
required human resources. Costs also include work space as well as new software and
hardware. A budget is then put into place and monitored by project management.
Scope
The scope defines things that are not included in the project such as training, and
networking equipment to bring it all together. Project management has many phases and
identifies work to be done to ensure a successful completion of the project, and must
Time
The time of a project is time needed to complete the project. Project Management
defines the time needed for to complete the all major components of the project. The
components are broken down into tasks and activities of the project. By identifying all
components of the project the time needed can be established. The planning time should
start with a larger time frame because it can always be shortened, but not easily
Quality
Quality measurement of how precise the end result satisfies objectives specified by
decisions, and judges the accurateness, and how quick the information is processed by the
Risks
Risk refers to problems that could threaten the completion of the project such as not
meeting deadlines, the quality of the project, or stop the project completely. The level of
risks is affected by the size of the project, the project structure, and how knowledgeable
the technical, and project staff are. The larger the project, the higher the risk; how much
the project costs, the size of team needed, and how many systems, departments, for
example, will be affected. The risk is also higher if the required information needed for
The considerations that must be applied when selecting projects that deliver the best
business value are costs and benefits, and what relation they have to the organization’s
information systems proposal. There are benefits that can be estimated into costs and
those that cannot be, but could have a financial bearing in the future phases of the project.
The company should also consider the system they are purchasing to ensure the system
will deliver the desired results; avoiding future unplanned expenses. Training should also
be considered. There will be more business value and more return, long-term if the
organization invests in training up front, and training should be designed to the various
that should be considered to deliver the best business value. If one purchases a high-
There are many factors that could influence project risks. The first factor I believe can
such as a known project team with record of roles and responsibilities, a scope that is
clear and concise, specific multi-phase process supported by a detailed plan. Another risk
Improvement techniques for this challenge include strong management support, initial
document size must be considered to ensure ample bandwidth. Another factor to consider
Strategies I would recommend for minimizing this project’s risks would be:
1. In-depth training and involvement of end users. People are the bridge between
themselves and all inert features of a work place; therefore it is the human that is
most crucial to the success or failure of efforts to change the way an organization
functions. How people react to change dictates the success. Everyone must be
2. Recruiting of Project Managers. The team should be made up of members that are
recognize potential problems when they arise as well as knowing how to outline
the different phases needed to implement the system, using the necessary tools,
Hardware Replacement Project 1
Summary
I believe setting realistic goals and periodically measuring the progress of the project
are vital to the project’s success. A company should not be impatience in regard to
implementing the CRM system. Set realistic goals, starting with the amount of time it
will take to install, and roll out their new CRM software. Additionally, one should have a
way to measure success; gnatt charts, and PERT charts. Periodic checks are needed to
is a crucial part of organizational expansion. The use of an OMA would also provide an
needs. In using the OMA a baseline measurement should be created that would footprint
Conclusion
In conclusion, I have covered the five major variables of project management; scope,
time, cost, quality, and risk related to the scenario of implementing a new CRM system. I
have discussed considerations that must be applied when selecting projects that deliver
the best business value. I have also covered factors that influence the project’s risk, and
the strategies I would recommend for minimizing this project’s risks. Finally, I identified
References
Laudon, Kenneth C., & Laudon, Jane P. (2009 by Pearson Education, Inc.). Essentials of
Management Information Systems (8th ed).,: Prentice Hall.