CAPSTONE PROJECT Useful Implementation Tools for caption Project: 1. Defining your project: This form will help you uncover the issues and parameters at the
core of your project.
Defining Your Project UNCOVER THE ISSUES AND PARAMETERS AT THE CORE OF YOUR PROJECT The "Real" Project What is the perceived need or purpose for what we are trying to do? What caused people to see this as a problem that needed to be solved? What criteria are people going to use to judge this project as success? The Stakeholders Who has a stake in the solution or outcome? How do the various stakeholders goals for the project differ? What functions or people might the project's activities or outcomes affect? Who is going to contribute resources (people, space, time, tools, )? Skills required for the project Possible Team Members 1 Cause and Effect diagram 1 Guide( Professor) 2 Manager/Executive from the 2 Pie Chart/Bar Chart/Pareto diagram etc. company 3 Failure Mode Effect analysis 3 Colleagues 4 PERT analysis 4 Any other resources 5 Ratio analysis 5 6 Comparative data analysis in excel sheet 6 7 Correlation and Regression analysis between variables in order to determine relationship between objective and results 7 8 Ability to convert findings to measurable quantity 8 9 9 10 10
2. Work Breakdown Structure: This form is used to develop a Work Breakdown structure
to ensure that you do not overlook a significant part of a complex activity or underestimate the time and money needed to complete the work.
Work Breakdown Structure Describe the Overall Project: Major Tasks Level 1 Subtasks
Level 2 Subtasks
Total Duration (hours/weeks/days) Major Tasks Level1 Subtasks Level2 Subtasks
Level 2 Subtasks Duration
Level2 Subtasks Duration
Total Duration (hours/weeks/days)
3. Project Progress Report: This form is used for project assessment, present information
to others and thinks through next step.
Project Progress Report Project: Prepared by: For the period from: To: Current Status: Key Milestones for this Period: Coming up next (list)
Achieved (list)
Key Issues or Problems: Next to be resolved (list)
Resolved (list)
Key Decisions: Made (list)
Need to be made (list)
By whom
Budget Status: Implications: List changes in objectives, timeline/delivery dates, project scope, and resource allocation (including people and financial) Next Steps List the specific action steps that will be done to help move this project forward successfully. Put a name and date next to each step if possible. Person Responsi Step ble
Comments:
W hen
Date
GANTT CHART Gantt Chart is mainly used for scheduling work used by project managers. Gantt chart is essentially a bar chart with the task listed in the left hand column and fitted into appropriate time blocks. These blocks indicate when a task should begin, based on task relationship and when they should end. This type of diagram can be created using an electronic spread sheet or a project management software program, such as Microsoft Project. Gantt charts shows the following: Project status( by shading out tasks already completed) Estimated project duration Task sequences
GANTT CHART Task or Activities(2009-10) Oct
Nov
Dec
Jan
Feb
Ma r
--
--
Comments:
CHECK LIST SI.N O 1
2 3 4 5 6
7
DATA 1/10/200 9 15/10/20 09 1/11/200 9 4/11/200 9
SUBJECT
ACTION
Selection of Guide
Name of the Guide Guide to evaluate and decide on project topic after discussion with the student
Submission of Synopsis on three ideas for project to the guide Freezing the topic Project planning as per planning sheet Acknowledgement certificate of the company Project execution Completion of each phase of the planning sheet to be submitted to guide for approval.
Intimation to guide Approval of project planning by guide
Submission of the project along with planning sheet.
TARGET 5/10/200 9 30/10/20 09 2/11/200 9 10/11/20 09
STAT US
Submission of daily diary Viva Result
8 9 10
EVALUATION PARAMETER SI.N O 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
PARAMETERS Project planning sheet Check list signed by guide Scope, Importance, Objective and Relevance of the project Research Methodology & Data sources Data analysis & Interpretation Findings in tabulations & Charts Use of analytical tools likes cause/effect/pie charts etc Findings in relation to scope of the project in measurable terms Recommendation Originality of the project
11.
Presentation/Question Answer Total
M ARKS 5 5 10 15 15 10 5
1 2 3 4 5
10 5 5 15 100
Course Objective: The objective of the project is to integrate learning of all the four terms and apply them and understand different opportunities, challenges, issues, best practices and processes in the organization which are having their global operations in any form, from physical export to multilocation manufacturing base trading. One capstone project will have a equal of two credit subjects or 200 marks. Course Contents: The project is divided into four phases and the students are required to start the Capstone project at the end of third semester.
Identify three ideas or products.
Execution of project
Completion of 90% of project
Final Feedback by guide
Evaluation & Explanation of products or Feedback Deciding Preparation of byof ideas guide Topic Abstract
Consult guide for data collection & by Data review data guideanalysis
Draft writing Progress Corrective (weekly) evaluation by action Feedback Reviewby byby guide student guide guide
Correction, Addition, Deletion & PRESENTATI PROJECT Modification ON AND VIVA EVALUATION
Final submission of Report
PHASE -4 : a) The Project Evaluation Would Be Done On The Following Parameter: b) Scope, Importance, Objective And Relevance Of The Topic c) Methodology & Data Sources
d) Interactions With People, Procedures & Process e) Actual Findings In Tabulations And Charts f) Interpretation And Analysis g) Presentation h) Drafting In Business Language i) Originality
j) Commitment To The Work k) Functional / Professional Value Addition