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Proposal For Oop

The project proposal outlines the development of a banking system using Object-Oriented Programming (OOP) in Python to automate financial operations and improve efficiency, security, and accuracy. It aims to replace manual processes with an automated solution, covering essential banking functions such as account management, transactions, and reporting. The project will be executed in phases over a specified timeframe and is designed for individuals and small businesses seeking convenient online banking services.

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6 views2 pages

Proposal For Oop

The project proposal outlines the development of a banking system using Object-Oriented Programming (OOP) in Python to automate financial operations and improve efficiency, security, and accuracy. It aims to replace manual processes with an automated solution, covering essential banking functions such as account management, transactions, and reporting. The project will be executed in phases over a specified timeframe and is designed for individuals and small businesses seeking convenient online banking services.

Uploaded by

aliabbaskhann786
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Object Oriented Programming BS(CS) 2nd 2024-28

Project Proposal: Banking System

Group Introduction

Member 1 Rafaqat Ali 249142


Member 2 Muhammad Hassan Mumtaz 249180

Background / Need of the Project

The banking system project is designed to automate and streamline financial operations using Object-
Oriented Programming (OOP) in Python. In traditional banking environments, transactions such as account
management, deposits, withdrawals, and transaction tracking are typically handled manually. This manual
approach often leads to inefficiencies, errors, and security vulnerabilities. The need for a computerized
system arises from the growing demand for accuracy, reliability, and speed in processing banking
transactions. By applying OOP concepts, this project will allow for a well-structured, modular solution that
simplifies these operations while improving overall performance and security.

Goals & Objectives

The primary goal of this project is to develop a robust and secure banking system using Python's object-
oriented features. The objective is to replace manual banking processes with an automated solution that
enhances accuracy and reduces human effort. By organizing the system around objects and classes, the
project will ensure better code reusability, scalability, and maintainability. Specific objectives include
implementing features such as customer account creation, deposit and withdrawal handling, transaction
recording, account searching, and report generation. The system will also be designed with basic security
features to safeguard sensitive financial data and restrict unauthorized access.

Scope of the Project:

The scope of this project encompasses the design and implementation of a digital banking platform built
entirely using OOP principles in Python. The system will cover essential banking operations including
account creation, fund transfers, transaction tracking, and account closure. It will involve developing classes
for customers, accounts, and transactions, with appropriate methods to manage each operation.
Additionally, the system will include search and reporting functionalities for both accounts and
transactions. Future expansions may include integrating a graphical user interface (GUI), database support,
and mobile or web-based banking capabilities to enhance user experience and system accessibility.

Timeframe
Description of Work Start and End Dates
Phase One Planning and Research 31 March-15 April
Phase Two Design 16 April-30 April
Phase Three Development 1 May-10 May
Phase Four Testing 11 May-20 May
Phase Five Deployment 21 May-02 June

Project Proposal for Semester Project (CCC-301)


Object Oriented Programming BS(CS) 2nd 2024-28

Target Users

This OOP-based banking system in Python is designed for a wide range of users, including individuals and
small businesses who require essential banking services like account management, fund transfers, and loan
applications. It is especially useful for users who prefer online or mobile banking due to its simplicity and
digital access. The system aims to provide a secure and user-friendly experience, making everyday banking
tasks more convenient and reliable.

Endorsements

In this system, endorsements simulate a bank's guarantee of financial instruments, such as checks or
banker’s acceptances. Using object-oriented logic, the system can validate and record these commitments,
ensuring security and trust in transactions. This feature enhances the system’s reliability and reflects how
real banking processes are handled through digital means.

Project Proposal for Semester Project (CCC-301)

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