This document outlines the project execution approach for developing a next generation information product. It involves requirements gathering, architecture planning, iterative development in sprints, application release, and ongoing support. The approach focuses on delivering the product incrementally through biweekly sprints while continuously monitoring progress against the schedule, cost, and quality.
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Product Development Approach
1. This document is proprietary and not for repurpose/circulation or for any usage without written permission.
Developing Next Generation Information Products
Project Execution Approach
2. TECHNO-
LOGY
SCOPE
CONTENT
PRODUCT
Product Development Planning
Product Scope
• What features to implement
• Target audience
• Distribution Web, Mobile..
• Paid Vs Free Content
Product Content
• News Content & Source
• Data Content
• Data Source
• Data fulfilment planning
• Data update strategy
Technology
• Product architecture
• Product design
• Development platform
• Deployment strategy
Your one stop product development partner offering data as well as technology services
3. Project Execution Plan : Iterative Development Approach
1
Requirements
Workshop
Tasks
• Functional
• Non-Functional
• Integration
• Migration
• Stakeholder
expectations
• Data management
Deliverables
• Application
wireframes
• Product backlog
2
Architecture
POC
Tasks
• POCs to identify
technology
components
• POCs to eliminate
technology risks
Deliverables
• Technology
component
identification
3
Execution
Sprints
Tasks
• Develop application
incrementally as
multiple 2-3 week
SPRINTS
• Test application
• Generate
application data
Deliverables
• Source Code
• Application
• Application Content
4
Go Live
Tasks
• Application release
testing and
validation
• Data migration
• Application
deployment
• Application Release
Deliverables
• Live running
application
5
Ongoing
Support
Tasks
• Application
Enhancement
• Bug Fixing
• Data updates
Deliverables
• Updates to
application
4. Define product vision
Analyse existing product
landscape
Identify expectations
from key stakeholders
Understand content
needs
Create mock user
interface
Objective Key Activities Team
Deliverables
Formalise key product objectives
View and understand existing products if any
Identify all functional requirements
Identify non-functional requirements – Performance, Browser support, Device
support etc..
Product integration requirements –Databases, Payment systems etc…
Data migration requirements
Translate product requirements in to application wireframes
Understand Data needs and identify sources
BusinessAnalysts
Product specifications document
Content definition document
Application wireframes
Engagement
Time & Material
Location
Customer Site
Time Frame
2-3 Weeks
Requirements Workshop
5. Identify the technical
architecture of the
product
Objective Key Activities Team
Deliverables
Identify the development platform best suited for the application
Suggest key technology components – Database, Reporting Engines, Charting
Library etc..
Recognize 3rd part integrations – Payment Gateways, Live feeds etc..
Formulate application deployment strategy
Propose data migration strategy
BusinessAnalyst
Application architecture document
Technical risks and mitigation strategy
Technology component identification
Engagement
Time & Material
Location
Offshore
Time Frame
2-3 Weeks
Solution Architect
Architecture POC
6. Iteratively develop the
application as per the
specification
Build the desired
application data
Objective Key Activities Team
Deliverables
Iteratively develop the application as per specifications in 2 week sprints
Generate application Content & Data
Test application
Review application
Incorporate changes as suggested by users
Developers
Running application in test environment
Source code
Data in excel spread sheet or as part of application
Engagement
Fixed Price
Location
Offshore
Time Frame
Variable as per the project scope
Intermediate working application delivered every 2weeks
Data Analysts
Execution SPRINTS
7. Release Application to
users
Objective Key Activities Team
Deliverables
Live Server set-up
Deploy application in Live environment
Test application in live environment
Data migration
Test application with Live content
Developers
Running application in Live environment along with live
Content
Engagement
Fixed Price
Location
Customer Site
Time Frame
2 -3 Weeks
Go Live
8. Support maintain and
enhance application
Manage application
content
Objective Key Activities Team
Deliverables
Server management
Data & application backups
Bug fixing & Enhancements
Revised application deployment & testing
Identify data updates
Revised data deployment & testing
Developers
Data Analysts
Application updates
Data updates
Engagement
Fixed Price/ T&M
Location
Offshore
Time Frame
Ongoing
Ongoing Support
9. Project Success Metrics
•Tasks executed as per the delivery schedule
•Sprints delivered on time
Schedule
Cost
• Execution progression based as per the cost
indicators defined
• Identify new additions/amendments
impacting cost
Analyse
Quality
•Issues pertaining to product quality
• Issues pertaining to code quality
Measure
•Fortnightly review to measure execution plan and
critical attributes
• Assess and recommend excellence identifiers
• Present cost impact elements to the key
stakeholders and seek approval
• Implement corrective action within the mutually
agreed timelines
• Review quality parameters in conjunction to the
iterative development schedule to minimise
anomalies
Vision
Goals
Strategy
Analyse
Continuous Monitoring Periodic Review
10. This document is proprietary and not for repurpose/circulation or for any usage without written permission.
Developing Next Generation Information Products
Project Execution Approach
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