Page 100 - DCAP304_DCAP515_SOFTWARE_PROJECT_MANAGEMENT

Software Project Management

Notes On the minus (cost) side would be:
 the price of the software,
 the cost of consultants to install and implement the software, and
 the cost of training for the users of the software.
However on the plus (benefits) side would be:
 improved business processes (leading to an annual cost decrease),
 due to better available information, the company will be able to take better decisions
(leading to additional cash-flows), and
 increased staff moral, due to using these modern tools to support the business.

4.7 Risk Evaluation

A risk evaluation can be defined as a problem that could cause some loss or threaten the success
of project. The potential risk factors may have an adverse impact on the cost, schedule, or
technical success of the project. Thus, risk management is the process of identifying, determine
and solve the potential problems before they can damage the project.
Offshore program and project management involves four critical activities:
1. Transition Management

2. Governance
3. Performance Management
4. Quality Management

Transition Management

The process of managing assets during a period of restructuring is defined as transition
management. The role of the Transition Manager is to minimize the costs and risks thus ensuring
that the process runs smoothly.
The real process starts when the contract is signed. Smooth transition management is the next issue
to manage. Transition management is considered to be a critical success factor of offshore activities.
Transition management is defined as the detailed knowledge of transfer and documentation of all
relevant tasks, technologies and workflows The transition period is perhaps the most difficult
stage of an offshore endeavor, taking anywhere from three months to a year to complete.
Transition management involves the following:

 Develop an initial transition plan (involving activities such as milestones, assets and
benchmarks)
 Initiation of projects
 Internal procedures and processes
 Manage employees

 Document lessons learned to improve vendor management

Task Analyze in group of four why Transition management is considered to be a critical
success factor of offshore activities?

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