Updated Group 5 Final Project Proposal
Updated Group 5 Final Project Proposal
OSMAN MOHAMMED, TALILA ROBA, MISGANA DAME, EBISA OBSA, TESHALE FEKADU,
SELEHADIN ALI
Advisors’ Name:
1. SILESHI B.
2. FERDIOS Y.
APPROVED BY
1.
2.
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3.
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A Project Proposal
for the Brocker Management
Table of Contents
Table of Contents
APPROVAL SHEET------------------------------------------------------------------------------------------------------------2
1 Introduction--------------------------------------------------------------------------------------------------------6
-----------------------------------------------------------------------------------------------------------------------10
5. Project Summary------------------------------------------------------------------------------------------------------11
5.1 Motivation---------------------------------------------------------------------------------------------11
5.3 Methodology------------------------------------------------------------------------------------------------12
------------------------------------------------------------------------------------------------------------16
8.Staffing Requirements-------------------------------------------------------------------------------------------------20
9.Risk Assessment---------------------------------------------------------------------------------------------------------22
10.Feasibility Study--------------------------------------------------------------------------------------------------------23
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11. Conclusion---------------------------------------------------------------------------------------------------25
References--------------------------------------------------------------------------------------------------------------------25
List of Tables
Table 1Expected Benefits and Beneficiaries-----------------------------------------------------------------------15
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1 Introduction
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information and automating various tasks, a BMS enables brokers to focus on what
matters most: serving their clients effectively and growing their businesses.
2. Data Centralization: A single platform for all client and policy information
enhances accessibility.
Document Description: -
This proposal outlines the development of a Broker Management System (BMS) designed
to automate broker and transaction management, improving efficiency, reducing costs, and
enhancing customer satisfaction.
Key Sections:
Proposed System Description: Introduces the BMS, detailing its benefits like
automation, scalability, and compliance.
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Feasibility Study: Assesses the system’s economic, technical, operational, and
political viability.
Traditionally, to
Existing System Description: -
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Apart from this all, the services are posted by the user themselves.
The user can post everything he went which may be for fake, and
even if real he may include additional information that his service
doesn’t have. Through the current system there is no way to check for
this information. Thus, this may result in the user being bored with
system.
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for their need by accessing it through mobile without the need for
moving physically from broker to broker, installation of web browser and
remembering the domain name of the website.
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Deploy the system.
Lay concrete on a way to proposal in android mobile applications in
ASU (ASSOSA University) so that other students can have
foundation on which they can add more advanced.
5. Project Summary
5.1 Motivation
The motivation to develop the Broker Management System (BMS) arises from several key
factors:
These factors create a clear need for the proposed system to improve operational
efficiency, reduce errors, and support business growth.
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• Project Proposal: A detailed document outlining the project scope, objectives,
methodology, and timeline.
• Software Product: The fully developed and tested Broker Management System ready
for deployment.
• User Manual: A guide for end-users that details how to use the system for various
tasks (broker registration, transaction management, reporting, etc.).
• Training Program: A series of training sessions for end-users to familiarize them with
the system’s features and operations.
Each deliverable is measurable, specific, and has a set due date, ensuring clear milestones
for project completion.
5.3 Methodology
Findings: The need for a centralized, automated system was identified due to the inefficiencies,
manual errors, and delays caused by the current system.
Process:
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o Analysis: Identify detailed system requirements through stakeholder feedback.
o Implementation: Build system features in stages, with regular testing and feedback.
o Testing: Continuous testing during development phases to ensure the system meets all
functional requirements.
o User Acceptance Testing (UAT): To verify that the system meets business needs.
o Performance Testing: To measure the system’s speed and responsiveness under load.
o RAM: 12 GB minimum
Software Requirements:
o Database: MySQL
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This methodology ensures a flexible, responsive approach, and the tools meet the system’s
requirements for smooth development and deployment.
4o mini
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Managers
2. Better Data Easy access to client Centralized data for Better communication Simplified data
Management data and transaction better decision-making. with brokers. backups and
history. restoration.
4. Enhanced Reporting Quick access to Comprehensive insights Improved transparency Fewer system
& Analytics performance reports into team performance. in broker performance. bugs and
and insights. enhanced
debugging
process.
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Time
02/03/2017
09/04/2017
07/05/2017
22/06/2017
Activities 12/07/2017
Proposal
Requirement Analysis
Design
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Implementation
Testing
Project
Defense/Demonstratio
n
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Description Quantity Per Unit Total Cost
Development Machines 2 - -
Total Infrastructure
C. CONSULTING
Total Consulting
D. TRAINING
Total Training
E. TEMPORARY STAFF
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QA Testers 2 testers - -
Contingency (25%) -
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8.Staffing Requirements
The staffing requirements for the Broker Management System (BMS) project are outlined
below, specifying the core project team members as well as supporting subject matter
experts (SMEs) who will contribute their expertise at various stages of the project. An
organizational chart and detailed role descriptions will provide clarity on the staffing
structure and relationships.
The core project team is responsible for the development, design, implementation, testing,
and deployment of the system. This team will work on the project full-time or near full-
time.
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Python, Java), database MOHAMMED
design, API development,
agile development
experience.
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Supporting Subject Matter Experts
The supporting subject matter experts (SMEs) will not be involved in the day-to-day
development of the system but will provide specialized expertise when needed at specific
stages of the project. Their time allocation is more flexible but crucial to ensure quality and
accuracy.
9.Risk Assessment
Risk assessment is a critical part of project planning to ensure potential problems are
identified early and managed effectively. Below are the key risks that could negatively
impact the Broker Management System (BMS) project, along with strategies for preventing
them and contingency actions to take if they do occur.
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reduce costs in the short
term.
10.Feasibility Study
Economic feasibility
Operational feasibility
Technical feasibility
Time feasibility
10.1 Economic feasibility
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Economic feasibility attempts to weigh the costs of developing and
implementing a new system, against the benefits that would
accrue from having the new system in place. This feasibility study
outlines the economic justification for the new system. It gives the
actual comparison of costs and benefits are much more meaningful
in this case. Since this type of Application’s are new in our country
in that it supports a lot of services, the people acceptance toward
this system will be high and also there will be very less
computation in the market due to this reasons and other causes
the project. benefits will outweigh the expected cost. But Since the
Application is free for users the agencies only get benefit (income)
from advertisement of those services that are included in the
application.
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completed on time that is described under the project work plan
below.
11. Conclusion
In conclusion, the development and implementation of the Broker Management System
(BMS) represents a significant opportunity for the organization to streamline and enhance
its operational capabilities. Based on the feasibility study, which covers economic, technical,
operational, and political considerations, the proposed system is deemed feasible across all
these dimensions. The Cost-Benefit Analysis (CBA) indicates that the anticipated benefits—
such as increased efficiency, cost savings, and improved revenue—outweigh the costs of
development and implementation. Moreover, the system's technical requirements can be
met with the current resources available, and it will be compatible with existing operational
processes without significant disruptions.
Enhanced Customer Satisfaction: With faster processing times and better management of
broker relationships, customer satisfaction is expected to improve, leading to higher client
retention rates.
Scalability and Flexibility: The system will be built with flexibility in mind, allowing it to adapt to
future changes and requirements as the business grows.
Regulatory Compliance: The system will ensure that the organization complies with relevant
industry standards and legal requirements, thus minimizing the risk of non-compliance.
References
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Scott w, Amber, the object primer, second edition, Cambridge
University press (c), 2001.
Scott w, Amber, the object primer, third edition, Cambridge
University press (c), 2004.
Bembridge and Allen H. Dutoit, object-oriented software
engineering, third edition,2009.
Genereux and McLeod, (1995) as cited in Weimer, 2002.
Gary Shelly, Harry J. Rosenblatt, “Systems Analysis and Design”,
Cengage Learning, 2009.
Preeti Gupta,“System Analysis and Design”, Firewall Media,
2008.
Charles S. Wasson ,“System Analysis, Design, and Development:
Concepts, Principles, and Practices”, John Wiley & Sons, 2006.
Charles S Wasson, “System Analysis, Design, and Development:
Concepts, Principles, and Practices”, Wiley-Intercedence.
Elias M. Awed ,“Systems Analysis and Design”, Richard D. Irwin,
1985 2nd edition.
https//: www.stackoverflow.com.
https//: www.youtube.com.
https//: www.codegroup.com.
https//: www.programmerguru.com
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