Medico aims to become the leading online source of information on medical tourism by providing up-to-date information on costs and facilities in India, Costa Rica, and Malaysia. Its goals are to increase medical tourism to these countries by 15% in 2 years and attract 3 million monthly views by offering trusted, accurate comparisons of treatment quality and prices. The website will feature information from medical institutions, doctors, banks, and travel agents to help customers make informed decisions about treatment options and travel.
1. Medico- Information on medical tourism Team E Noor Al-Nakib OsehogieAkhetuamhen ShekharChauhan
2. Aims and Objectives of Project Medico aims to become the number one source of information on medical tourism. It will establish itself in becoming a unique repository of information by becoming a referenced standard in the industry for the dissemination of viable information on medical treatment and tourism expenses in the top three ranked medical countries of the world.
3. Aims and Objectives of Project To trigger an increase in medical tourism from UK to India, Costa Rica and Malaysia by 15% in the next 2 years by becoming the number one provider of information on medical tourism. To strive in becoming the best information source that will attract at least 3 million views every month by providing trustworthy, up to date and accurate information on medical tourism. To become the most trusted source of information that will assist clients and potential clients with an enhanced decision making process. To systematically carry out and provide unbiased comparative insights through treatment quality and cost (price) analysis in three target countries with comparison to UK standard and cost. To become the most trusted source for advice and tips on travel to India, Costa Rica and Malaysia.
4. User Requirements and Project Scope Website will contain up to date information and advice on Medical treatment that would be updated on a daily basis. Medical Institutions can have their own pages and manage them on our website. Doctors can have their own pages and manage them on our website. Banks can provide information on financing patients with their medical treatment and travelling expense packages. Travel agents can add information on flight, hotels, and other information. Customers (Patients) can search and view information and advice appropriate to them. Customers can compare treatment prices at host countries. Customers can compare hospital/clinic facilities at host countries. Reliable information provided on main sightings and tourism attractions at host countries. Option for customers to share personal experiences and rate the packages. Reliable and up to date information provided on legal (visa)/Cultural issues of each location.
11. It ensures that participants focus on the viability of the project
12. Encourages learning and continual improvementConsistency of project work is maintained.
13. Summary of Project Justification and anticipated Outcomes Detailed operational cost and start up summary Total start up expenses £ 75,500.00 Assets £ 24,500.00 Investment £ 100,000.00 Loan £ 0000.00 Cost Benefit Analysis Legal Established legal entity Rent Profit is realizable in the first year of operation Insurance Recovering is possible in the incidence of theft, fire outbreak etc Research and development Human capital is enhanced and properly equipped Information market thoroughly investigated Software and IT State of the art software / IT equipment is built
24. Risk ManagementPrimary Risks Identified for Medico This is a business risk that result in losses due to a situation of political unrest or war in any of the host countries (India, Malaysia and Costa Rica). This is a business risk that can cause losses due to a natural calamity in any of the host countries (India, Malaysia and Costa Rica). The risk comprises of legal implication such as lawsuits filed against Medico on the grounds of any problems or irregularities faced in medical treatment, or during travelling in India, Malaysia or Costa Rica. For e.g. Side effects of a laser eye surgery (LASIK). The risk comprises of legal implications such as lawsuits filed against Medico on the grounds of breach of data privacy or breach of the data protection act. The risk comprises of a disruption of services that may arise due to a disagreement or dispute with a particular or more than one travel agent. The risk comprises of a hindrance to the completion of the project due to exhaustion of resources (funds) The risk comprises of the possibility of not being able to complete the project on time The risk comprises of challenges in the progress of the project due to conflict and disagreement within project team