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Question 2: Planning and executing verification and validation
· THE IT PROJECT
`Hotel The Cove’ is newly constructed sea resort in the Man-O-
War Cay in the Abaco Region of Bahamas. This five star rated
resort that has a private beach and a lagoon themed swimming
pool, which was a great hit among the foreign tourists who had
visited the place. However, as the place was new and most
foreigners visit the islands with prior hotel bookings, the last
tourist season was not that busy for the resort. In the next
tourist season, the resort aims at accommodating more tourists
and thus expanding business.
The customers, who visited last year, have committed that they
would refer friends and family to visit the resort. However, this
much of promotion is not enough for the resort to increase their
business. Thus the owner of the resort has planned to create a
website, which would host all the details of the resort.
Information regarding all the suites and rooms available in the
resort will be available on the website and the customers will be
able to books suites and rooms directly from the website. Online
payments will be possible via the website. The resort owner
wants that all the bookings and facilities that a tourist visiting
Man-O-War Cay might want to use should be either available at
the resort’s website or links to departments or other
organizations providing those facilities should be available on
the website of `Hotel The Cove’.
The plan is to involve a team of IT professionals who will
perform the procedure of installation of the required network of
computers and the relevant software, which the resort needs in
order to host the website. The same system will be used by the
staffs of Hotel The cove, to update the information about the
availability of rooms in the resort. The system will also be used
by the foreign tourists for the purpose of booking rooms.
The IT workforce will consist of:
· 6 IT engineers who will implement the system, install the
required IT networks and software in order to host the website
and computerize the whole system of booking, logging, payment
and record maintenance (Lloyd, 2013).
· 2 IT professionals who would provide training to the staff
such that they are able to perform very basic functions on the
system (Lock, 2013).
· 2 IT professionals who will be deployed at the resort in order
to maintain the system that is being implemented (Morris,
2013).
As the website will make online payments possible, rigorous
testing of this particular procedure was made in order ensure
safety of the system. The section which enables the tourists to
book rooms and suites directly from the website was also
verified innumerable times, as any problem in this section of the
website would hamper the business of the resort very severely.
REFERENCES:
Lloyd, G. (2013). Business leadership for IT projects. Farnham,
Surrey: Gower Pub. Limited.
Lock, D. (2013). Project management. Burlington, VT: Gower.
Morris, P. (2013). Reconstructing project management.
Chicester: John Wiley & Sons.
Question 1: The role of KPIs (Focused Discussion)
· THE IT PROJECT
Alana Davis runs a garment boutique in Coopers Town,
Bahamas. The boutique is named as ‘Alana’s Clothes Line’. The
boutique has been a hit among the local people of the city and
the adjoining suburbs and had encouraged Alana to open two
more branches: One in the suburbs and another one in Marsh
Harbor. Till date, Alana had been managing all the records of
the customer data and those about her business, manually.
However, Alana has been offered an available business spot at
Nassau, and she plans to take up the opportunity and open yet
another branch over there. As Nassau is the capital of the
country, Alana can positively take up the risk, as a branch of
her cloth line in Nassau is sure to grab attention from the
public, which will be shortly transformed in to fame and money.
Now, Alana plans to have all her records maintained by
computers as manual recording of data from all the three stores
would not be possible any more. Alana also plans to create an
official website of her business, where she will be able to
display her latest creations. Interested customers will b able to
buy her collections both from her stores and her web portal.
The plan is to involve a team of IT professionals who will
install the required network of computers and the relevant
software, that Alana’s Clothes Line will use, in order
computerize the old records and maintain the new ones. The
software will also be used by Alana and his employees to
maintain the stock of their products, to ship products from one
shop to another. When the official website will be used to
receive orders from customers and ship the products to their
respective addresses. The payment mode will also be online.
The two KPI s associated with this project would be time and
quality of services (Brewer and Dittman, 2013). As the business
unit provides services to their customers, their quality of
service should be of top notch, and this cannot be provided by a
faulty computer system (Chemuturi, 2013). The installation
should also be completed in time, before Alana opens her third
shop (Dalcher and Brodie, 2007).
REFERENCES:
Brewer, J. and Dittman, K. (2013). Methods of IT project
management. West Lafayette, Ind.: Purdue University Press.
Chemuturi, M. (2013). Mastering IT project management.
Plantation, FL: J. Ross Pub.
Dalcher, D. and Brodie, L. (2007). Successful IT projects.
London: Thomson Learning.
Report on Portfolio Project
Name:
FIN319: Money and Capital Market
Dr. Kiseok Nam
Sawyer School of Business
Suffolk University
Date:
1. Introduction (3-4 pages)
You have to mention the followings:
· Purpose of this project.
· How this project make you understand the stock investment.
· Explain the high P/E stocks, the low P/E stocks, the growth
stocks, and the value stocks.
· What was your initial pick and why you chose them for each
of the four portfolios.
· How your four portfolios have performed for three weeks IN
GENERAL.
· Based upon the results of your four portfolios, which factors
you think are more important in the stock market investment,
firm-specific factors, macroeconomic factors, and/or speculative
expectation, etc.
2. Company information and Weekly Performance (5 - 7 pgs: do
not include spread sheets)
A. Week 1 Companies for Four Portfolios
Provide basic information of the companies and explain why
you selected those four companies for your four portfolios.
Provide some financial ratios or news to justify your selection,
with some table or plots, if any.
B. Week 1 Performance of Four Portfolios
Explain how those stocks performed during the first week. Was
their performance consistent with what you expected from the
beginning of the week? If it was not or it was, explain why. Try
to find both macroeconomic factors or firm-specific factors (or
news) to cause the results.
C. Week 2 Performance
Explain why you changed the stocks giving specific
information. Then, describe and explain how your Week 2
portfolio performed during the first week. Was their
performance consistent with what you expected from the
beginning of the week? If it was not or it was, explain why. Try
to find both macroeconomic factors or firm-specific factors (or
news) to cause the results.
D. Week 3 Performance
Explain why you changed the stocks giving specific
information. Then, describe and explain how your Week 3
portfolio performed during the first week. Was their
performance consistent with what you expected from the
beginning of the week? If it was not or it was, explain why. Try
to find both macroeconomic factors or firm-specific factors (or
news) to cause the results.
E. Overall Evaluation on the Three Weeks Performance of Four
Portfolios
GO TO Sheet 5 of your excel file, get 14 observations of
portfolio returns for each of your four portfolios. Also, get the
S&P500 returns from the Blackboard. First, provide the table of
mean, variance, STDV, and CV of your four portfolio returns
and S&P500 returns. Also, provide the plot of the five return
series. Then, compare them in terms of risk-return relation.
Second, using the two measures of portfolio performance
(Sharpe’s ratio and Jensen’s alpha), compare and explain
overall performance of your four portfolios. For each portfolio,
was your portfolio performance affected relatively more by
economic factors or by firm-specific factors? Is there any
significant difference in performance among the different
portfolios? If any, which portfolio is the best and worst?
Explain it.
3. Conclusion
You make a summary of your report with important facts that
you have observed. Is there any important knowledge or lessons
that you have learned from this project? Finally, make your own
argument as the conclusion of your project.
4. Appendix
Here, you attach all Excel Spread Sheets
NOTE:
Two measures of portfolio performance:
A. Sharpe’s ratio =
B. Jensen’s alpha = ,
where is the average portfolio returns and is the average
market returns (S&P500 returns).
Also, use .
P
r
M
r
%
0
=
f
R
P
f
P
STDV
R
r
-
M
P
r
r
-
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Question 2 Planning and executing verification and validation ·.docx

  • 1. Question 2: Planning and executing verification and validation · THE IT PROJECT `Hotel The Cove’ is newly constructed sea resort in the Man-O- War Cay in the Abaco Region of Bahamas. This five star rated resort that has a private beach and a lagoon themed swimming pool, which was a great hit among the foreign tourists who had visited the place. However, as the place was new and most foreigners visit the islands with prior hotel bookings, the last tourist season was not that busy for the resort. In the next tourist season, the resort aims at accommodating more tourists and thus expanding business. The customers, who visited last year, have committed that they would refer friends and family to visit the resort. However, this much of promotion is not enough for the resort to increase their business. Thus the owner of the resort has planned to create a website, which would host all the details of the resort. Information regarding all the suites and rooms available in the resort will be available on the website and the customers will be able to books suites and rooms directly from the website. Online payments will be possible via the website. The resort owner wants that all the bookings and facilities that a tourist visiting Man-O-War Cay might want to use should be either available at the resort’s website or links to departments or other organizations providing those facilities should be available on the website of `Hotel The Cove’. The plan is to involve a team of IT professionals who will perform the procedure of installation of the required network of computers and the relevant software, which the resort needs in order to host the website. The same system will be used by the staffs of Hotel The cove, to update the information about the availability of rooms in the resort. The system will also be used by the foreign tourists for the purpose of booking rooms. The IT workforce will consist of: · 6 IT engineers who will implement the system, install the
  • 2. required IT networks and software in order to host the website and computerize the whole system of booking, logging, payment and record maintenance (Lloyd, 2013). · 2 IT professionals who would provide training to the staff such that they are able to perform very basic functions on the system (Lock, 2013). · 2 IT professionals who will be deployed at the resort in order to maintain the system that is being implemented (Morris, 2013). As the website will make online payments possible, rigorous testing of this particular procedure was made in order ensure safety of the system. The section which enables the tourists to book rooms and suites directly from the website was also verified innumerable times, as any problem in this section of the website would hamper the business of the resort very severely. REFERENCES: Lloyd, G. (2013). Business leadership for IT projects. Farnham, Surrey: Gower Pub. Limited. Lock, D. (2013). Project management. Burlington, VT: Gower. Morris, P. (2013). Reconstructing project management. Chicester: John Wiley & Sons. Question 1: The role of KPIs (Focused Discussion) · THE IT PROJECT Alana Davis runs a garment boutique in Coopers Town, Bahamas. The boutique is named as ‘Alana’s Clothes Line’. The boutique has been a hit among the local people of the city and the adjoining suburbs and had encouraged Alana to open two more branches: One in the suburbs and another one in Marsh Harbor. Till date, Alana had been managing all the records of the customer data and those about her business, manually. However, Alana has been offered an available business spot at Nassau, and she plans to take up the opportunity and open yet another branch over there. As Nassau is the capital of the
  • 3. country, Alana can positively take up the risk, as a branch of her cloth line in Nassau is sure to grab attention from the public, which will be shortly transformed in to fame and money. Now, Alana plans to have all her records maintained by computers as manual recording of data from all the three stores would not be possible any more. Alana also plans to create an official website of her business, where she will be able to display her latest creations. Interested customers will b able to buy her collections both from her stores and her web portal. The plan is to involve a team of IT professionals who will install the required network of computers and the relevant software, that Alana’s Clothes Line will use, in order computerize the old records and maintain the new ones. The software will also be used by Alana and his employees to maintain the stock of their products, to ship products from one shop to another. When the official website will be used to receive orders from customers and ship the products to their respective addresses. The payment mode will also be online. The two KPI s associated with this project would be time and quality of services (Brewer and Dittman, 2013). As the business unit provides services to their customers, their quality of service should be of top notch, and this cannot be provided by a faulty computer system (Chemuturi, 2013). The installation should also be completed in time, before Alana opens her third shop (Dalcher and Brodie, 2007). REFERENCES: Brewer, J. and Dittman, K. (2013). Methods of IT project management. West Lafayette, Ind.: Purdue University Press. Chemuturi, M. (2013). Mastering IT project management. Plantation, FL: J. Ross Pub. Dalcher, D. and Brodie, L. (2007). Successful IT projects. London: Thomson Learning. Report on Portfolio Project
  • 4. Name: FIN319: Money and Capital Market Dr. Kiseok Nam Sawyer School of Business Suffolk University Date: 1. Introduction (3-4 pages) You have to mention the followings: · Purpose of this project. · How this project make you understand the stock investment. · Explain the high P/E stocks, the low P/E stocks, the growth stocks, and the value stocks. · What was your initial pick and why you chose them for each of the four portfolios. · How your four portfolios have performed for three weeks IN GENERAL. · Based upon the results of your four portfolios, which factors you think are more important in the stock market investment, firm-specific factors, macroeconomic factors, and/or speculative expectation, etc. 2. Company information and Weekly Performance (5 - 7 pgs: do not include spread sheets) A. Week 1 Companies for Four Portfolios Provide basic information of the companies and explain why
  • 5. you selected those four companies for your four portfolios. Provide some financial ratios or news to justify your selection, with some table or plots, if any. B. Week 1 Performance of Four Portfolios Explain how those stocks performed during the first week. Was their performance consistent with what you expected from the beginning of the week? If it was not or it was, explain why. Try to find both macroeconomic factors or firm-specific factors (or news) to cause the results. C. Week 2 Performance Explain why you changed the stocks giving specific information. Then, describe and explain how your Week 2 portfolio performed during the first week. Was their performance consistent with what you expected from the beginning of the week? If it was not or it was, explain why. Try to find both macroeconomic factors or firm-specific factors (or news) to cause the results. D. Week 3 Performance Explain why you changed the stocks giving specific information. Then, describe and explain how your Week 3 portfolio performed during the first week. Was their performance consistent with what you expected from the beginning of the week? If it was not or it was, explain why. Try to find both macroeconomic factors or firm-specific factors (or news) to cause the results. E. Overall Evaluation on the Three Weeks Performance of Four Portfolios GO TO Sheet 5 of your excel file, get 14 observations of portfolio returns for each of your four portfolios. Also, get the S&P500 returns from the Blackboard. First, provide the table of mean, variance, STDV, and CV of your four portfolio returns
  • 6. and S&P500 returns. Also, provide the plot of the five return series. Then, compare them in terms of risk-return relation. Second, using the two measures of portfolio performance (Sharpe’s ratio and Jensen’s alpha), compare and explain overall performance of your four portfolios. For each portfolio, was your portfolio performance affected relatively more by economic factors or by firm-specific factors? Is there any significant difference in performance among the different portfolios? If any, which portfolio is the best and worst? Explain it. 3. Conclusion You make a summary of your report with important facts that you have observed. Is there any important knowledge or lessons that you have learned from this project? Finally, make your own argument as the conclusion of your project. 4. Appendix Here, you attach all Excel Spread Sheets NOTE: Two measures of portfolio performance: A. Sharpe’s ratio = B. Jensen’s alpha = ,
  • 7. where is the average portfolio returns and is the average market returns (S&P500 returns). Also, use . P r M r % 0 = f R P f P STDV R r - M P r r -