FUNNO GAME PROJECT

Project Management Project plan overview - JK

What is Funno?
Funno is a fun, challenging and entertaining board

game
It is made of 64 playing cards, 64 puzzle pieces

and a color coded game board. Each card corresponds to a puzzle piece
To win, a player must connect all the puzzle pieces

that correspond to his or her cards over a space matching its color on the game board

Project Definition Document Executive Summary

PlayToy releases Funno with the primary intentions of:
Successfully gain acceptance by the mass market 30% year-on-year revenues increase with gross profit of 10% for

the next 5 years

Funno answers a business need by addressing the mass

market
The success criteria will be measured by:
Broad buying demographic Sales growth of 30% per year with gross profit of 10% Delivered within 6 months and within the budget

Risks
Funno is not accepted by the mass market market analysis Cost too high to keep targeted margin continuous cost estimation

Not looking at distribution network, market regulations or

industry growth forecast

Funno WBS
9 tasks, 29 subtasks, 48 work packages Enough details to manage each

Funno
Project Proposal Market Research
Legal and Trademark

subtasks effectively while avoiding micro-management

Short duration subtasks to increase

Product Design
Product Development Production Planning Production RollOut Marketing Closing and Review

visibility
No task longer than 15 days
No deliverable longer than 18 days

Funno Budget
Bottom Up Approach
Identified individual steps to complete the project (lowest

level of WBS) Figure out the cost of each step by:

Estimating their duration * Labor cost per hour ($60-$100) Non-labor costs: material cost, travel cost and other costs (fees,

licenses)

Compute total cost Contingency reserve of 10% Funno project cost = $160K Project cost curve

Project Schedule Overview

Three Point Estimate - PERT

145 Days is the pessimistic project delivery time

frame (TP) 132 Days is the most likely project delivery time frame (TM) 119 Days is the optimistic project delivery time frame (TO)
Mean = [145 + 4(132) + 119] / 6 = 132 Standard Deviation = [145 119] / 6 = 4.33 68.26 % confidence level delivering Funno in 128 136 days 95.46 % confidence level delivering Funno in 123 -

Critical Path Network Diagram

Quality Management Plan

Quality Planning

Change control Quality Assurance tests designed for the Funno Project Safety ISO 9100 inspections

Quality Assurance
Change control review Correct Action / Preventive Action (CAPA) procedures Secure storage of all quality assurance documentation

Quality Control
Communication of Quality Assurance testing Random Review by the Quality Assurance team

Risk Management Plan

On-going Risk Management Through-out Project Life Cycle

Is the Risk Applicable?

Determine the Risks Likelihood / Probability of Occurrence -High (50%>100%) -Medium ( 25% > 50%) -Low (0 >25%)

Determine the Risks Impact to the project

Is the Risk Controllable?

List Mitigation Activities for the Risk

List Contingency Activities for the Risk

-Yes -No

-High -Medium -Low

-Yes -No

Track Active / Current Risks on Monthly Project Status Report in Major Risks and Mitigation & Contingency Plans Section and on separate Risk / Issues Log

Risk Matrix
Risk ID Risk Risk Impact Risk Impact Risk Priority Controllable? Mitigation Probability Importance Owner/Category Description Description (H/M/L) (H/M/L) (Y/N) Activities (H/M/L)
All the assumptions Invalid Market and budget Research will be impacted Not on Schedule

Medium(5)

High(10)

50

High

Yes

Marketing Manager

Proper control and revalidate marketing research

Risk ID

Revenue loss

Risk Description

High(7)

Impact Description

High(9) Risk Probability

(H/M/L)

Risk Impact (H/M/L)

63

Importance

Risk Priority (H/M/L)

High Controllable?
(Y/N)

Owner/Category

Yes

Regular and consistent Project Manager update on day Mitigation Activities to day activity Review and feedback from Project Manager the various cost centers Review prototype and put stringent quality check

All the assumptions Invalid Market Research and budget will be impacted

Medium(5) High(7) High(9) Low(3) Medium(4)

High(10)

50

High

Yes

Over Budget

2 3 4

Reduce Not on Schedule Revenue loss Low(3) bottom line

Over Budget Prototype not meeting the requirement and quality standards Inconsistency with the project team and the Stakeholders Reduce bottom line

High(9) High(9) High(9)

27

63 27 36

High High High

High

Yes Yes Yes

Proper control and Marketing Manager revalidate marketing research Regular and consistent Project Manager update on day to day activity Review and feedback from Project Manager the various cost centers

Yes

Prototype not meeting the 5 requirement and quality standards Inconsistency with the project team and the Stakeholders

Re-do the product prototype and delay in the project Inefficiency in the process and hence delay

Medium(4)

Re-do the product potype and delay in the project Inefficiency in the process and hence delay

Development Team

Review prototype and put stringent quality check Inform and communicate regularly

Low(3)

Medium(5)

15

High

Yes

Project Manager

High(9)

36

High

Yes

Development Team

Low(3)

Medium(5)

15

High

Yes

Inform and Project Manager communicate regularly

Communication Management Plan

For any project to be successful, communication is the key. Managers and team members would devote at least 80%

of the time to communicate and work together Funno Project requires weekly team meetings of the project team members Weekly status reports will be submitted by the various department members to the Project manager Face to Face meetings would be held on a regular basis to keep the information flowing amongst different key managers Minutes of the meetings would be sent out via email to all the concerned people

Communication Plan-Roles & Responsibilities

Name(Title)
Project Manager

Role
Head of the Project

Responsibility
Overall Funno Project

Marketing Manager

Market Research(Definition Phase)

Definition Phase

Law & Legal Head

Patent & Trademark consideration

Legal issues arising while Patent & Trademark registration

Design and Creative Dept. Manager

Building the concept and design of the product

Design Phase Production Planning Implementation Phase Production Phase Implementation Phase Design Phase Production Planning Implementation Phase

Supply Chain Manager

To manage suppliers & vendors

Manufacturing Manager

To manufacture the prototype and the final game To manage the quality assurance process

Quality Assurance Manager

THANK YOU QUESTIONS?