D
ELIVERABLE # 01
MC070400829 NOORDIN CHARANIA
PROPOSAL ONLINE WADROBE RETAILERS www.mywadrobes.com.pk
TABLE OF CONTENT 1. Abstract: (In paragraph form) a. Which product or service you have selected for online business? b. Why do you want to do your business online? c. Your website is product focus or customer service focus d.
Importance of online business
e. Potential benefits that you would drive from this kind of business. 2. Preliminary Problem Statement and Solution a. Problem description b. Solution 3. Feasibility Study a. Budget b. Resources 4. Cost of project a. Direct Cost i. Requirement Specification Cost ii. Design cost iii. Development Cost iv. Hosting Cost v. Maintenance Cost b. Indirect Cost i. Other than above cost 5. Cost and Benefit Analysis (CBA) a. Give a proper weight age to each benefit b. Benefits should be more than cost then it is feasible to more further 6. Payback Period a. Initial investment/ Cash flows
7. Human Resources a. Outsourcing of the project b. In house development (it is appreciated) i. Human Resources like Designer, Developer etc 8. Impact on the business 9. Time Frame a. Start and End date of the project b. GANTT Chart using Microsoft Project Management c. PERT chart with CPM (optional) d. Schedule for Project regarding tasks distribution (Post .jpeg image) 10. Support services / Dependencies a. Internet connection Type b.
Computer systems Specification (optional)
c. What type of Networking Equipment is required? (optional) d. What type of skill Training is required for Employees? 11. Conclusion (Summary / Rationale)
1. ABSTRACT (paragraph) MY WARDROBES Ltd (www.mywardrobes.com.pk) is a dedicated Internetbased retailer, offering you printed T-shirts, shirts, hoodies, trousers, sweats and shalwar suits, featuring a growing range of new and novel designs by contributors from all around the cities. We also supply plain garments and accessories in a wide variety of colours and styles. By specializing in Internet- based retailing, we aim to use our flexibility and innovation to be one of the most successful printed T-shirt retailing on-line. We hope you enjoy visiting our Web site and, of course, we look forward to receiving your orders. Our Web site is product base and is designed for easy and fast access by the widest possible number of customers. So, whether you are shopping from home or work, you won't be frustrated by unnecessary, time wasting features.
We offer you an online services. We print garments on receipt of your order, so we are able to respond to your particular needs. In design, order processing, manufacture, and dispatch, we are committed to providing you with a high quality service at reasonable prices that’s why we use internet as our portal. We are always happy to hear from talented artists, illustrators and copywriters interested in seeing their work on T-shirts and other garments. We provide royalties as well as we will give you credit by labeling your name on your design. Secondly, we have referral system if you refer a friend we’ll award you with a wardrobe of your choice, colour and style. That’s how we get your trust and everlasting confidence in our website.
2.PRELIMINARY PROBLEM AND SOLUTIONS The first challenge is to determine in the most general sense of issues .The purpose of the preliminary problem and solution is to ensure that the project is appropriate to the course goals; that it can be reasonably completed within the time frame of the course; and that you have the resources available to pursue your chosen topic. Such problems and their brief solutions as: 1) What is the purpose of mywadrobes.com.pk? To provide customer the style, varities, affordatbility to buy easily online without visiting any of the outlets. It’s a one step closer process aimed for the ages between 9 to 30 years of age groups. 2) Will the site generate revenue? Offcourse there are so many ways to generate revenue and draw customers to this website. Most commonly use are: a) Google Adsense b) Referal Programs c) Local Advertisements d) Newspaper and Media e) Universities f) Activities etc 3) Who are the major competitors? The retail business of Shirts are most unassigned way in our region. As Internet service is growing nearly double a year. It is wise for us to start focusing on city based competitors than going to national competitors. Local Market/ Malls are our major customers. 4) Who are the target customers? We have categorized our customers according to age group a) From 9 – 13; School going students b) From 14-17, Teenagers; looking for fashion c) From 18-24, Younger: customize their style and want to create new d) From 25-30, Office players such as executive, officers who want to look formal and traditional. 5) How will this site differentiate from other competitors?
This is first one to offer customize printed shirt online. Not only on shirts but also on Kurtees, hoodies, Shalwar suits. It will be treated as a competitor for other new comers. 6) Do you have resources available to complete your business plan? We have 100% resources to handle our business for 2 fiscal quarters. Including expenses for staff, fixed assets, and other financial needs as per our feasibility study. It will be a kick start. On the other hand, we have financers available ready for investment after the assessment period of six months over. 3. FEASIBILITY STUDY Feasibility is the measure of how beneficial or practical the development of an information system will be to an organization. The process by which the feasibility of a system is measured is called feasibility analysis.
TESTS FOR FEASIBILITY We will be conducting three different types of feasibility tests: Operational feasibility is a measure of how well the solution will work on the organization. It is also a measure of how people feel about the system/project. Technical feasibility is a measure of the practicality of a specific technical solution and the availability of technical resources and expertise. Economic feasibility is a measure of the cost-effectiveness of the project or solution. This is often called a cost- benefit analysis.
OPERATIONAL FEASIBILITY
Operational feasibility criteria measure the urgency of the problem (survey and study phases) or the acceptability of the solution. There are two aspects of operational feasibility to be considered: Will the solution to the problem work? How do the customer and organization feel about the solution? WILL THE SOLUTION TO THE PROBLEM WORK PIECES framework can be used as a basis for analyzing the urgency of the problem or the effectiveness of a solution. The following is a list of questions that addressed these issues: P - Performance. Does the system provide adequate throughput and response time?
I - Information. Does the system provide end-users and managers with timely, pertinent, accurate and usefully formatted information.
E - Economy. Does the system offer adequate service level and capacity to reduce the costs of the business or increase the profits of the business?
C - Control. Does the system offer adequate controls to protect against fraud and embezzlement and to guarantee the accuracy and security of data and information?
E - Efficiency. Does the system make maximum use of available resources including people, time, flow of forms, minimum processing details and the like?
S - Services. Does the system provide desirable and reliable service to those who need it? Is the system flexible and expandable?
HOW DO THE END-USERS/CUSTOMERS FEEL ABOUT THE SOLUTION? It’s important not only to evaluate whether a system can work but we must also evaluate whether a system will work. A workable solution might fail because of enduser and management resistance. Proper Help desk Support necessary
TECHNICAL FEASIBILITY Technical feasibility can be evaluated only after those phases during which technical issues are resolved- namely after the evaluation and design phase of our life cycle have been completed. Today very little is technically impossible. Consequently technical feasibility looks at what is practical and reasonable. Technical feasibility addresses three major issues: Is
the proposed technology or solution practical? we currently possess the necessary technology? Do we possess the necessary technical expertise, and is the schedule reasonable? Do
IS THE PROPOSED TECHNOLOGY OR SOLUTION PRACTICAL? The technology is very practical for the current system. Organization is using .Net software application support with SQL Database Management Software. Plus Microsoft Site Server.
DO WE CURRENTLY POSSESS THE NECESSARY TECHNOLOGY? The organization will buy all the necessary technology for example the Pc’s, Routers, Blade Servers, WAN devices, SAN etc DO WE POSSESS THE NECESSARY TECHNICAL EXPERTISE? We may have the technology but that does not mean that we have the required expertise and skills to implement the technology effectively. We will hire
4. COST OF PROJECT
5.COST AND BENEFIT ANALYSIS WEIGHTAGE OF COST OVER BENEFITS Cost /10 Hardware Cost 1 8 No need to hire external web hosting services Long Term Assets Reliability and Speed
Benefits/10 10
Software Cost 2 6 One time with unlimited updates Secure and Up dated Design Cost 3 2 To catch customers attention To provide visual representation of product Creating interest /good perception Customer satisfaction Development Cost 4 4 Once, than annual releases Consistent prototype to follow Maintenance Cost 5 7 Necessary for working of hardware devices Like Service, Installation and
10 10
9 9
6. PAYBACK PERIOD Payback analysis is a simple and popular method for determining if and when an investment will pay for itself. Payback period is the period of time that will lapse before accrued benefits overtake accrued and continuing costs. As it is said..the dollar today is not equal to the dollar tomorrow . PVn = 1/(1 + k)n Where ‘n’ is the number of years and ‘k’ is the discount rate.
Cash Flow Description Development Cost [Rs] Oper & Maint Cost [Rs] Discount Factor @ 12% per year Time Adjusted Cost [Rs] Cumm Time Ad Cost [Rs]
2009
2010
(3024462) 0
2012
2013
0 0 0 (1050000) (1155000) (1270500)
52 (726726)
(3948462) (4826262) (5639382)
(6366108)
0 100
2,903,484 88
2,933,728 76
2,963,973 64
2,994,217 52
0 0
2,555,065 2,555,065
2,229,633 4,784,699
1,896,943 6,681,641
1,556,993 8,238,634
0
1
2
3
4
Cumm Life Timeadjusted Costs + Benefits [Rs] (3,024,462) (1,393,397)
(41,563)
1,042,259
1,872,526
(3024462)
88 (924000)
76 (877800)
0 (1397550)
64 (813120)
Benefit from operation of New System [Rs] Discount Factor @ 12%[Rs] Time Adj Benefits [Rs] Cumm.Time Ad Benefit [Rs]
100 (3024462)
2011
Graphical Format
7. HUMAN RESOURCES The most important factor for any organization to keep abreast their project is to build a good employee management relationship. Working on the internal and external environment needs heavy amount of work to be performed in this sector. The resources for hiring good employees is categories as follows Local Newspaper and Media will be use to advertise. Such media as www.rozee.pk and www.brightspree.com for keeping track of the project Such Designation will be required 1) Network Administrator 2) Database Administrator 3) Web base Designers and Developers 4) Production Dept 5) Strategist
8. IMPACT ON THE BUSINESS Impact of business is entirely depend on its internal and external factors. It is the aim of the organization to cover all their weaknesses with strength and take available opportunities and remove threats. Once the project completed it the entirely the Strategist to work on the factor will help improvising necessary terminologies / technologies in order to be effective. The following points illustrate the data we used to collect information in the system analysis phase.
Learn all we can from existing documents, forms, reports and databases.
If appropriate we will observe the system in action. We agree not to ask questions but just take notes and draw pictures. We must make sure that the workers know we are not evaluating individuals. Otherwise they may tend to work more efficiently than they usually do.
Given
all the facts we have already collected. We will design and distribute questionnaires to clear things up we don’t fully understand. This is also a good time to solicit opinions on problems and limitations. We understand that questionnaires do take much of the end-user time but they must know when its best to make that sacrifice.
Conduct our interviews to verify and clarify the most important and difficult issues and problems.
Follow up. We will use appropriate fact-finding techniques to verify facts, usually through interviews and observation.
9. TIME FRAME Describe the research team’s relevant skills and experience that will ensure success. The activities which are involved in this stage includes must match with the term of reference (TOR). Activities mentioned below should be well considered: 1. 2. 3. 4.
Planning Site preparation Equipment Training
Duration: 6 weeks Starting Date 15-NOV-2008 Ending Date 31-DEC-2008
10. SUPPORT SERVICE / DEPENDENCIES Internet Connection Type : PTCL Business VPN – 2048 kbps Salient Features Bandwidth: Dedicated as per chosen Package with Static IP Upload + Download: No restriction, unlimited data CPE Warranty (Limited): 12 Months by Manufacturer Time and Usage Limit: No time limit within 30 days of validity period Free Static IP All Staff should be Minimum graduate and having 2 year experience in their field. Certification according to their field CCNA, CCNP, MCSE, MCP, MCDB,MCSE, MCPSIT etc necessary 11. CONCLUSION All wells end well
