A university is comprised in the organization of a yearly academic conference. In such conferences, researchers submit papers (containing their research work). The papers are reviewed by academics (to check whether they are worth being presented at the conference). The papers might then be accepted or rejected or accepted with modifications. The researchers then have to resubmit the final papers which are all then compiled into the conference proceedings.
As this procedure is quite tedious, the university wants to develop a web application to facilitate this process. The project is expected to incur the given costs:
Capital cost: Rs 100,000
Recurrent costs: Rs 25,000
The conference will have an attendance fee of Rs10,000 per researcher. It is expected that the web application will encourage at least 10 additional participants per conference.
Consider that the project lifetime is 2 years. Suppose discount rate to be 10%.
problem 1: Perform a technical feasibility study for the above project.
problem 2: What issues might require to be considered for the operational feasibility of the project?
problem 3: Execute an economic feasibility of the project.
problem 4: Develop a Work breakdown structure for the above project and complement it with a WBS Dictionary.
problem 5: By using the WBS Dictionary above, make a schedule for the project. How long will it take to finish the project?