Boston University Project stakeholders and Their Needs Discussion Identify Stakeholders Q1: Who has a stake in the outcome of the proposed project? Ide

Boston University Project stakeholders and Their Needs Discussion Identify Stakeholders

Q1: Who has a stake in the outcome of the proposed project? Identify the project stakeholders and their needs.

Q2: Do the various stakeholders’ goals for the project differ? If so, how? What criteria will different stakeholders use to judge this project a success?

The sponsor of our company is John Wiley & Sons and he helped them design the website. Project Case
Overview
Case 4:John
Wiley & Sons
Project Sponsor organization Background
● The oldest independent publisher in North America
● Early years: Publish literature works
● Today: Areas of specialization: sciences, engineering,
technology, mathematics, accounting, and business
management
● Development direction: Provide various formats of
publications and use technology to improve user experience
(Meredith, Shafer, & Mantel, 2017)
Project background
● A growing presence in general interest titles
● Rapid advances in digital information technology are in favor of
enhancing the speed and flexibility for publications
● Providing information by most accessible formats to readers
● Developing a range of offerings in electronic formats
(Meredith, Shafer, & Mantel, 2017)
Benefits to sponsor organization
● The website will become the main source of income for the company
● This part of the revenue accounts for more than 50% of the total revenue
● Develop new business areas
● Use digital information technology to help company systematically manage
electronic format products
● 40% increase in profits
● Expected to save US$100 million in cost by 2021
● As the number of partners increases, the number of users increases
Project Objectives
Specific
● Develop website that makes online and print text easily accessible
● Quicker access to knowledge and more flexibility for consumers
Measurable
● Benchmark similar publisher websites by rating evaluating components
● Increase profits by 40%
● Customer satisfaction will be 75-100%
Attainable
● Cost will not exceed $40,250 budget available
Relevant
● A functional website is necessary to keep up with technological advances
Time-Bound
● 1 month to completion time constraint, corresponds with electronic format
(Wrike, 2020)
development
(Meredith et al., 2017)
Project Life Cycle Phases
Starting Project
● Benchmark similar websites to provide insight on key concepts to be
included
● Establish scope and important deadlines
● Assemble team
Organizing & Preparing
● Budget
● Schedule
● Obtaining Resources
● Meet with stakeholders in organization
(Project Management Institute, 2017)
(Meredith et al., 2017)
Project Life Cycle Phases (continued)
Executing
● Monitor website progress
● Manage costs
● Distribute resources accordingly
Closing Project
● Ensure scope requirements and quality expectations are met
● Analyze results
● Risk register for future projects
(Project Management Institute, 2017)
(Meredith et al., 2017)
Major Deliverable
● Online Reading
● Book Trading Online
● Subscription of e-journals
● Provide Accurate Professional Data Search
● Customer Service
Summary Budget
Website Design
$5,000-$10,000
Website Test
$4,000-$8,000
Website Develpoment
$4,250-$7,250
Website maintenance
$5,000-$15,000
Total
$18,250-$40,250
Summary Schedule
Acceptance Criteria
•1.Clear beneficiary groups
•2.Simple and fast search method
•3.Perfect background analysis system
•75%-100% customer satisfaction
Conclusion
1. John Wiley & Sons, Inc. is the oldest independent publisher in North America which
is committed to providing publications in a variety of formats and to providing a user
experience through digital information technology.
2.
Through the development of the State ‐of‐the‐art website, the enterprise will
expected to save US$100 million in cost by 2021 and increase 40% profits.
3. The major Deliverables are online reading, booking trading online, serialization and
subscription of e-journals, provide accurate professional data and customer Service.
4.
5.
The website will cost $18,250- $40,250 to build.
The project will be started on 7/15/2020 and completed on 8/13/2020.
References
Ho, S. C., & Chuah, K. B. (2019). A Handbook for ITF R&D Project Management. In Managing Operations Throughout
Global Supply Chains (pp. 100-118). IGI Global.
Meredith, J. R., Mantel, S. J., & Shafer, S. M. (2017). Project management in practice (6th ed.). Hoboken, NJ: Wiley.
Project Management Institute, Inc. (2017). A guide to the project management body of knowledge (pmbok guide) (6th ed.).
Newton Square, PA: Project Management Institute, Inc.
John Wiley & Sons, Inc. (n.d.). Vault. Retrieved July 13, 2020, from
https://www.vault.com/company-profiles/book-publishing/john-wiley-sons-inc
How much should a website cost in 2020? (n.d.). WebFX. Retrieved July 12, 2020, from
https://www.webfx.com/How-much-should-web-site-cost.html
What is SMART in Project Management? (n.d.). Wrike. Retrieved July 11, 2020, from

Purchase answer to see full
attachment