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Proposal
Project Title:
Relationship between Money and Time with Virtualization
Technology.
The Project Aims and Objectives:
This project helps to examine the virtualization as technology,
and it will help
the consumers by understanding its behaviour, the concepts and
the
experience to improve it and provide the industry with some
research oriented
concepts which will definitely move towards the success of
information
technology and help us to grow in the domain of our respective
technologies.
This project will help us in getting the knowledge on the
esteemed projects
where the technology will not only help in the growth of
virtualization areas but
it will also help the technology to improve and access the areas
where the
technology is providing the better access to the world.
Project Outline:
This project will consists of the virtualization technology, its
concepts,
throughputs, examines, awareness, areas, and certain fields
where we can
apply this technology. Currently most of the organization are
dealing with the
cloud computing as a virtualization technology, this
virtualization technology
not only helps the system but the organization to develop a
system which will
not fulfil the requirement of end consumer but also the aspects,
orientation
and research ability of the industry.
There are many different areas which can be covered in the
virtualization
technology and it may vary from one aspect to another, such as,
in cloud
computing there is an aspect of Iaas, Paas, Saas which will help
an
organization to cover the different aspects of cloud computing
in an industry.
Industry wide there are different uses of virtualization as a
technology, some
industry experts see Operating systems virtualization as the
concept, some
see Cloud Computing, whereas other see the Data Virtualization
as the
concept, all these concepts not only define the parameters for
the industry
wide acceptance of virtualization as a technology, but also helps
to expand
the virtualization as a technology to help and grow with the
Information
technology as an industry.
Literature Survey / Resources’ List:
The term Virtualization of technology means building of a
virtual version of
software, operating system, network resource etc. rather than
actual version.
Virtualization essentially allows you to do a lot more with less
effort. Virtual
machine let you share the workstations without getting worried
about the
resources required to maintain those machines.
When we talk about any company’s perspective, we need to
figure out what
changes they have to do to perform Virtualization enabled in
their company.
Here I am not providing any name of organization, but it refers
to some
organization who has implemented Virtualization and the
growth of
organization is significantly improved.
In the process of Virtualization, software is used to change the
appearance of
things. The different things such as hardware resources,
Operating System,
storage products and network server can be virtualized. The
main aim of
Virtualization is to relocate its business data and application
into redundant
servers which provide a good support for storage with the help
of VMM
(Virtual Machine Monitor). VMM software reduces the cost of
hardware and
other resources and makes the system more powerful. The
recovery and
backup process is also improved with VMM virtualization.
With the help of Virtualization technology, virtual team
software is designed.
“Virtual team is defined as group of people who are working at
different
geographic sites and a project team whose members
telecommute. IT
managers need new approaches for managing such a team
because virtual
team holds great promise as a way to reduce power requirements
by reducing
the number of servers required to run applications. The
increased efficiency
can lead to improve in IT business. Workload of the application
is divided on
different servers so performance increased automatically, which
also increase
the overall speed of application. The processes of ordering in
enterprise
services which can take lot of weeks to complete an order and
involve lot of
departments are now decreased to few click of mouse.” (Keith
Scott)
This will be very helpful for project manager, when there are
virtual teams
working on the same project, it help them continue the
development on the
project round the clock, and it actually speeds up the process, to
maintain this
process it would be very challenging for project manager, and
he needs to be
updated with the latest technological changes and create
awareness in their
daily team meeting about the new challenges and how the team
can take care
of this challenges. (Bryan Rolf)
Virtual Servers and migration are the new concept helpful for
programmers to
test their code and development while they are still in progress,
it helps them
by doing this activity on virtual servers instead of their local
box, in this way no
other functions or activities are impacted and they can continue
with their
original work.
The technique of virtualization is best use for small to mid-size
software or
applications. The large size applications are not work good with
virtualization
server because it decrease the performance when one or other
server linked
together. Virtualization helps the organization to conserve
storage through
consolidation. There is no need to purchase any additional
hardware which
helps the company to save money.
Server Farms is one of the latest technology which will be used
by the big
companies like Google and Amazon, it helps these companies to
cover the
numerous data centres. Companies, who are not working with
clouds for their
business growth, can actually derive more from virtualization.
Server virtualization uses software-based partitions to create
multiple virtual
servers. This means that multiple applications can run on one
server. There
are several benefits to using virtualization such as:
1. Lower number of physical servers leads to cost savings in
equipment,
energy, space, cooling, personnel, and maintenance.
2. Enhanced organizational agility.
3. Moving focus of the IT department from strictly fixing
computer
malfunctions to improving the functionality of the company.
Virtualization is important too; actually it allows companies to
save space
within servers. This means less actual hardware for the
companies to buy,
saving time and money. Server farms are extremely important
for today’s
companies, especially Google, Yahoo, and Microsoft.
Scholarly Contributions of the Project:
Learning in a team of development is a good experience, and
when the
development is related to the newest possible technology then
learning is not
just a limited scope and we will learn with utmost eager to learn
and perform,
this will not only helps us in the field of Virtualization
technology but also to
explore this field and put several other areas under this
umbrella and examine
them.
Description of the Deliverables:
This project will help the growth of virtualization technology in
terms of data
virtualization, operating systems virtualization, cloud systems,
Network
virtualization and other aspects of virtualization such as
Platform virtualization
and Hardware virtualization.
Evaluation Criteria:
This project will evaluate the performance of different aspects
of virtualization
technology with respect to information technology, it will not
only help the
virtualization to grow its roots to different parts, but also helps
to integrate
different aspects of technology to the virtualization aspects of
different areas.
Resource Plan:
There are requirement for the following hardware components,
which are as
follows:
1. Server with minimum configuration of 8 GB Ram and
Windows server
2008.
2. Hard Disk drive of 1TB.
3. Client system with enable cookies and cache storage.
4. Client system with cloud computing enabled.
Project Plan and Timing:
The project plan will cover most of the things which will
include the start of
project development and the aspects of project development.
This project
would not only consist of completing the task, but with pure
perfection, this
can only be done with the help of proper project delivery,
planning and
timings.
Project would be started in next few weeks, and the date it
started, it will take
around three months of time to complete it, as there research
areas involved
which will require completing with the development time of the
project.
Risk Assessment:
As working with latest technology, it would become sometimes
difficult to
understand and implement the new technologies. So, there
would be difficult
time to implement solution which would never be implemented
before but also
it would certainly add to the system development if some
implementation
would be done successfully.
Quality Assurance:
The progress of project will be monitored on daily basis using
the software
methodology such as Agile Methodology; it will not only help
the system
development fast but with accuracy and timely delivery.
G4S plc (G4S.CO)
-
24.98 0.78(3.22%) Dec 1
Top of Form
Income Statement
Get Income Statement for:
Bottom of Form
View: Annual Data | Quarterly Data
All numbers in thousands
Period Ending
Dec 31, 2014
Dec 31, 2013
Dec 31, 2012
Dec 31, 2011
Total Revenue
6,848,000
7,061,000
7,228,000
6,966,000
Cost of Revenue
5,496,000
5,654,000
5,742,000
5,414,000
Gross Profit
1,352,000
1,407,000
1,486,000
1,552,000
Operating Expenses
Research Development
-
-
-
-
Selling General and Administrative
-
-
-
-
Non Recurring
-
-
-
-
Others
-
-
-
-
Total Operating Expenses
6,522,000
6,743,000
6,874,000
6,543,000
Operating Income or Loss
326,000
318,000
354,000
423,000
Income from Continuing Operations
Total Other Income/Expenses Net
-
-
-
-
Earnings Before Interest And Taxes
326,000
318,000
354,000
423,000
Interest Expense
(122,000)
(133,000)
(127,000)
(113,000)
Income Before Tax
-
-
-
-
Income Tax Expense
42,000
53,000
40,000
53,000
Minority Interest
(17,000)
(8,000)
(22,000)
(17,000)
Net Income From Continuing Ops
106,000
(243,000)
118,000
204,000
Non-recurring Events
Discontinued Operations
63,000
(114,000)
(56,000)
(6,000)
Extraordinary Items
-
-
-
-
Effect Of Accounting Changes
-
-
-
-
Other Items
-
-
-
-
Net Income
152,000
(365,000)
40,000
181,000
Preferred Stock And Other Adjustments
-
-
-
-
G4S plc (G4S.CO)
-
24.98 0.78(3.22%) Dec 1
Top of Form
Balance Sheet
Get Balance Sheet for:
Bottom of Form
View: Annual Data | Quarterly Data
All numbers in thousands
Period Ending
Dec 31, 2014
Dec 31, 2013
Dec 31, 2012
Dec 31, 2011
Assets
Current Assets
Cash And Cash Equivalents
409,000
532,000
469,000
433,000
Short Term Investments
8,000
10,000
16,000
26,000
Net Receivables
1,265,000
1,291,000
1,392,000
1,429,000
Inventory
108,000
112,000
128,000
123,000
Other Current Assets
91,000
264,000
295,000
93,000
Total Current Assets
1,954,000
2,283,000
2,388,000
2,207,000
Long Term Investments
41,000
34,000
-
9,000
Property Plant and Equipment
-
-
-
-
Goodwill
1,939,000
1,955,000
2,108,000
2,205,000
Intangible Assets
-
-
-
-
Accumulated Amortization
-
-
-
-
Other Assets
-
-
-
-
Deferred Long Term Asset Charges
176,000
184,000
179,000
157,000
Total Assets
4,822,000
5,262,000
5,610,000
5,627,000
Liabilities
Current Liabilities
Accounts Payable
185,000
209,000
232,000
245,000
Short/Current Long Term Debt
2,135,000
2,213,000
2,462,000
2,238,000
Other Current Liabilities
297,000
510,000
205,000
549,000
Total Current Liabilities
1,454,000
1,660,000
1,408,000
1,474,000
Long Term Debt
1,920,000
2,062,000
2,326,000
2,069,000
Other Liabilities
-
-
-
-
Deferred Long Term Liability Charges
-
-
-
-
Minority Interest
-
-
-
-
Negative Goodwill
-
-
-
-
Total Liabilities
3,852,000
4,378,000
4,379,000
4,083,000
Stockholders' Equity
Misc Stocks Options Warrants
-
-
-
-
Redeemable Preferred Stock
-
-
-
-
Preferred Stock
-
-
-
-
Common Stock
646,000
646,000
611,000
611,000
Retained Earnings
23,000
(418,000)
143,000
389,000
Treasury Stock
279,000
636,000
422,000
494,000
Capital Surplus
26,000
31,000
43,000
48,000
Other Stockholder Equity
-
-
-
-
Total Stockholder Equity
-
-
-
-
Net Tangible Assets
I have included the income statement and balance sheet.
GO
1
GO
1
7.3 Managing your time 159
Time Activity Effectiveness
Comments/
Improvements
7.00–8.00 Get ready for
university
50% Could probably do
this in 30 minutes
but I’m always tired
8.00–8.30 Walk to campus 80% Could get the bus
but I need the
exercise
8.30–9.00 Meet friends in
canteen
10% Need to socialise
9.00–10.00 Lecture 70% Quite good today!
10.00–10.15 Coffee break 10% I need a break
10.15–12.00 Tutorial/seminar 50% Could have
done this in half
the time
12.00–1.30 Lunch – students’
union
20% Far too long but I
need to eat
1.30–2.00 Library hunting for
books
40% Couldn’t use the
computer
2.00–2.30 Meeting with project
supervisor
80% Useful
2.30–3.00 Coffee with friends 20% I need to socialise
3.00–4.00 Library hunting for
books
20% Not finding what I
wanted and getting
distracted
4.00–4.30 30 minutes on
assignment
30% Wasted time getting
started – should
spend longer
on this
4.30–5.00 Walk home 80% As before
5.00–5.30 Have a coffee 0% No comment
5.30–6.00 Watch TV 0% No comment
6.00–7.00 Get tea 50% I need to eat
7.00–8.00 Work on assignment 90% Get a lot done
8.00–11.00 Go to pub 40% I need to socialise
but should have
done more work
first
11.00–1.00 Work on project then
go to bed
50% Too tired to achieve
much – must tackle
this kind of thing
earlier in the day
Table 7.2 A ‘typical’ student’s daily time log
M07_DAWS1314_02_SE_C07.QXD 3/25/09 1:45 PM Page
159
You asked to provide Monthly/Weekly/Daily log for yourself
(your usual activities not necessarily
about your proposed project such as provided in Table 7.2 in the
textbook). Suggest ways to
reduce time on the unimportant activities in favor of the more
important ones if you require using
your time more efficiently (identifying some room for
improvement) to have more time for your
project activities. You should also suggest how much time each
day/week/month you would
require to spend/ allocate to your dissertation project activities
based on your proposed project
plan. The purpose of the exercise is to demonstrate your time
management skills.
Proposal   Project Title  Relationship between Mo.docx

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Proposal Project Title Relationship between Mo.docx

  • 1. Proposal Project Title: Relationship between Money and Time with Virtualization Technology. The Project Aims and Objectives: This project helps to examine the virtualization as technology, and it will help the consumers by understanding its behaviour, the concepts and the experience to improve it and provide the industry with some research oriented concepts which will definitely move towards the success of information technology and help us to grow in the domain of our respective technologies. This project will help us in getting the knowledge on the esteemed projects where the technology will not only help in the growth of virtualization areas but
  • 2. it will also help the technology to improve and access the areas where the technology is providing the better access to the world. Project Outline: This project will consists of the virtualization technology, its concepts, throughputs, examines, awareness, areas, and certain fields where we can apply this technology. Currently most of the organization are dealing with the cloud computing as a virtualization technology, this virtualization technology not only helps the system but the organization to develop a system which will not fulfil the requirement of end consumer but also the aspects, orientation and research ability of the industry. There are many different areas which can be covered in the virtualization technology and it may vary from one aspect to another, such as, in cloud computing there is an aspect of Iaas, Paas, Saas which will help an
  • 3. organization to cover the different aspects of cloud computing in an industry. Industry wide there are different uses of virtualization as a technology, some industry experts see Operating systems virtualization as the concept, some see Cloud Computing, whereas other see the Data Virtualization as the concept, all these concepts not only define the parameters for the industry wide acceptance of virtualization as a technology, but also helps to expand the virtualization as a technology to help and grow with the Information technology as an industry. Literature Survey / Resources’ List: The term Virtualization of technology means building of a virtual version of software, operating system, network resource etc. rather than actual version. Virtualization essentially allows you to do a lot more with less
  • 4. effort. Virtual machine let you share the workstations without getting worried about the resources required to maintain those machines. When we talk about any company’s perspective, we need to figure out what changes they have to do to perform Virtualization enabled in their company. Here I am not providing any name of organization, but it refers to some organization who has implemented Virtualization and the growth of organization is significantly improved. In the process of Virtualization, software is used to change the appearance of things. The different things such as hardware resources, Operating System, storage products and network server can be virtualized. The main aim of Virtualization is to relocate its business data and application into redundant servers which provide a good support for storage with the help of VMM
  • 5. (Virtual Machine Monitor). VMM software reduces the cost of hardware and other resources and makes the system more powerful. The recovery and backup process is also improved with VMM virtualization. With the help of Virtualization technology, virtual team software is designed. “Virtual team is defined as group of people who are working at different geographic sites and a project team whose members telecommute. IT managers need new approaches for managing such a team because virtual team holds great promise as a way to reduce power requirements by reducing the number of servers required to run applications. The increased efficiency can lead to improve in IT business. Workload of the application is divided on different servers so performance increased automatically, which also increase the overall speed of application. The processes of ordering in enterprise services which can take lot of weeks to complete an order and
  • 6. involve lot of departments are now decreased to few click of mouse.” (Keith Scott) This will be very helpful for project manager, when there are virtual teams working on the same project, it help them continue the development on the project round the clock, and it actually speeds up the process, to maintain this process it would be very challenging for project manager, and he needs to be updated with the latest technological changes and create awareness in their daily team meeting about the new challenges and how the team can take care of this challenges. (Bryan Rolf) Virtual Servers and migration are the new concept helpful for programmers to test their code and development while they are still in progress, it helps them by doing this activity on virtual servers instead of their local box, in this way no
  • 7. other functions or activities are impacted and they can continue with their original work. The technique of virtualization is best use for small to mid-size software or applications. The large size applications are not work good with virtualization server because it decrease the performance when one or other server linked together. Virtualization helps the organization to conserve storage through consolidation. There is no need to purchase any additional hardware which helps the company to save money. Server Farms is one of the latest technology which will be used by the big companies like Google and Amazon, it helps these companies to cover the numerous data centres. Companies, who are not working with clouds for their business growth, can actually derive more from virtualization. Server virtualization uses software-based partitions to create multiple virtual
  • 8. servers. This means that multiple applications can run on one server. There are several benefits to using virtualization such as: 1. Lower number of physical servers leads to cost savings in equipment, energy, space, cooling, personnel, and maintenance. 2. Enhanced organizational agility. 3. Moving focus of the IT department from strictly fixing computer malfunctions to improving the functionality of the company. Virtualization is important too; actually it allows companies to save space within servers. This means less actual hardware for the companies to buy, saving time and money. Server farms are extremely important for today’s companies, especially Google, Yahoo, and Microsoft. Scholarly Contributions of the Project: Learning in a team of development is a good experience, and when the
  • 9. development is related to the newest possible technology then learning is not just a limited scope and we will learn with utmost eager to learn and perform, this will not only helps us in the field of Virtualization technology but also to explore this field and put several other areas under this umbrella and examine them. Description of the Deliverables: This project will help the growth of virtualization technology in terms of data virtualization, operating systems virtualization, cloud systems, Network virtualization and other aspects of virtualization such as Platform virtualization and Hardware virtualization. Evaluation Criteria: This project will evaluate the performance of different aspects of virtualization technology with respect to information technology, it will not only help the
  • 10. virtualization to grow its roots to different parts, but also helps to integrate different aspects of technology to the virtualization aspects of different areas. Resource Plan: There are requirement for the following hardware components, which are as follows: 1. Server with minimum configuration of 8 GB Ram and Windows server 2008. 2. Hard Disk drive of 1TB. 3. Client system with enable cookies and cache storage. 4. Client system with cloud computing enabled. Project Plan and Timing: The project plan will cover most of the things which will include the start of project development and the aspects of project development. This project would not only consist of completing the task, but with pure
  • 11. perfection, this can only be done with the help of proper project delivery, planning and timings. Project would be started in next few weeks, and the date it started, it will take around three months of time to complete it, as there research areas involved which will require completing with the development time of the project. Risk Assessment: As working with latest technology, it would become sometimes difficult to understand and implement the new technologies. So, there would be difficult time to implement solution which would never be implemented before but also it would certainly add to the system development if some implementation would be done successfully.
  • 12. Quality Assurance: The progress of project will be monitored on daily basis using the software methodology such as Agile Methodology; it will not only help the system development fast but with accuracy and timely delivery. G4S plc (G4S.CO) - 24.98 0.78(3.22%) Dec 1 Top of Form Income Statement Get Income Statement for: Bottom of Form View: Annual Data | Quarterly Data All numbers in thousands Period Ending Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Total Revenue 6,848,000 7,061,000 7,228,000 6,966,000
  • 13. Cost of Revenue 5,496,000 5,654,000 5,742,000 5,414,000 Gross Profit 1,352,000 1,407,000 1,486,000 1,552,000 Operating Expenses Research Development - - - - Selling General and Administrative - - - - Non Recurring - - - - Others - -
  • 14. - - Total Operating Expenses 6,522,000 6,743,000 6,874,000 6,543,000 Operating Income or Loss 326,000 318,000 354,000 423,000 Income from Continuing Operations Total Other Income/Expenses Net - - - - Earnings Before Interest And Taxes 326,000
  • 15. 318,000 354,000 423,000 Interest Expense (122,000) (133,000) (127,000) (113,000) Income Before Tax - - - - Income Tax Expense 42,000 53,000 40,000 53,000 Minority Interest (17,000) (8,000) (22,000) (17,000) Net Income From Continuing Ops
  • 17. - Net Income 152,000 (365,000) 40,000 181,000 Preferred Stock And Other Adjustments - - - - G4S plc (G4S.CO) - 24.98 0.78(3.22%) Dec 1 Top of Form Balance Sheet Get Balance Sheet for: Bottom of Form View: Annual Data | Quarterly Data All numbers in thousands
  • 18. Period Ending Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Assets Current Assets Cash And Cash Equivalents 409,000 532,000 469,000 433,000 Short Term Investments 8,000 10,000 16,000 26,000 Net Receivables 1,265,000 1,291,000 1,392,000 1,429,000 Inventory 108,000 112,000 128,000 123,000 Other Current Assets 91,000 264,000
  • 19. 295,000 93,000 Total Current Assets 1,954,000 2,283,000 2,388,000 2,207,000 Long Term Investments 41,000 34,000 - 9,000 Property Plant and Equipment - - - - Goodwill 1,939,000 1,955,000 2,108,000 2,205,000 Intangible Assets - - - - Accumulated Amortization - - - - Other Assets - -
  • 20. - - Deferred Long Term Asset Charges 176,000 184,000 179,000 157,000 Total Assets 4,822,000 5,262,000 5,610,000 5,627,000 Liabilities Current Liabilities Accounts Payable 185,000 209,000 232,000 245,000 Short/Current Long Term Debt 2,135,000 2,213,000 2,462,000 2,238,000 Other Current Liabilities 297,000 510,000 205,000 549,000 Total Current Liabilities
  • 21. 1,454,000 1,660,000 1,408,000 1,474,000 Long Term Debt 1,920,000 2,062,000 2,326,000 2,069,000 Other Liabilities - - - - Deferred Long Term Liability Charges - - - - Minority Interest - - - - Negative Goodwill - - - - Total Liabilities 3,852,000 4,378,000 4,379,000 4,083,000
  • 22. Stockholders' Equity Misc Stocks Options Warrants - - - - Redeemable Preferred Stock - - - - Preferred Stock - - - - Common Stock 646,000 646,000 611,000 611,000 Retained Earnings 23,000 (418,000) 143,000 389,000 Treasury Stock 279,000 636,000 422,000 494,000 Capital Surplus 26,000 31,000 43,000 48,000
  • 23. Other Stockholder Equity - - - - Total Stockholder Equity - - - - Net Tangible Assets I have included the income statement and balance sheet. GO 1 GO 1 7.3 Managing your time 159
  • 24. Time Activity Effectiveness Comments/ Improvements 7.00–8.00 Get ready for university 50% Could probably do this in 30 minutes but I’m always tired 8.00–8.30 Walk to campus 80% Could get the bus but I need the exercise 8.30–9.00 Meet friends in canteen 10% Need to socialise 9.00–10.00 Lecture 70% Quite good today! 10.00–10.15 Coffee break 10% I need a break 10.15–12.00 Tutorial/seminar 50% Could have done this in half the time
  • 25. 12.00–1.30 Lunch – students’ union 20% Far too long but I need to eat 1.30–2.00 Library hunting for books 40% Couldn’t use the computer 2.00–2.30 Meeting with project supervisor 80% Useful 2.30–3.00 Coffee with friends 20% I need to socialise 3.00–4.00 Library hunting for books 20% Not finding what I wanted and getting distracted 4.00–4.30 30 minutes on
  • 26. assignment 30% Wasted time getting started – should spend longer on this 4.30–5.00 Walk home 80% As before 5.00–5.30 Have a coffee 0% No comment 5.30–6.00 Watch TV 0% No comment 6.00–7.00 Get tea 50% I need to eat 7.00–8.00 Work on assignment 90% Get a lot done 8.00–11.00 Go to pub 40% I need to socialise but should have done more work first 11.00–1.00 Work on project then go to bed 50% Too tired to achieve much – must tackle
  • 27. this kind of thing earlier in the day Table 7.2 A ‘typical’ student’s daily time log M07_DAWS1314_02_SE_C07.QXD 3/25/09 1:45 PM Page 159 You asked to provide Monthly/Weekly/Daily log for yourself (your usual activities not necessarily about your proposed project such as provided in Table 7.2 in the textbook). Suggest ways to reduce time on the unimportant activities in favor of the more important ones if you require using your time more efficiently (identifying some room for improvement) to have more time for your project activities. You should also suggest how much time each day/week/month you would require to spend/ allocate to your dissertation project activities based on your proposed project plan. The purpose of the exercise is to demonstrate your time management skills.