1. Starting Comparing different projects that need to be done in the company Make project selection: Coding Performance Improvement Project

2. Initiation Phase Form Project Team –Use internal employees from different departments to work on the project Business Case –Requirements of the Project Project Charter –Approach in completing the project and assign project teams their roles

3. Planning Phase Team Contract Scope Statement –The scope of Coding Performance Improvement Project WBS GANTT Chart Project Cost Analysis –Predicts to earn $4 Millions in first year, and $1 Million in the next 3 years Risk Analysis

4. Execution Initial Prepare Voice Of Customer (VOC) –Get input from users Prepare preliminary testing on current application to identify inefficient code System Development –Use multi-threading and Object Oriented programming Testing on new improve application

5. Execution Phase Integration and Migration –Integrate application –House the integrated application to mainframe –House database to supercomputer –Backup integrated application and database

6. Control Phase Reports –Weekly reports –Monthly status report to project stakeholder Meetings –Weekly meeting –Quarterly meeting with project stakeholder

7. Closing Phase Test on current integrated application: Meet project expectation/goal Budget : over 25% more than planned Expected Benefits: –$4 Millions in first year after the project completion –$1 Million in next 3 years

8. Challenges Change Project Manager in the middle of project cycle Lay off some of project members Rearrange project budget

9. Conclusions Even though the cost is 25% more, but this project can rank as a successful project