question archive BSA/425 v1

BSA/425 v1

Subject:Computer SciencePrice: Bought3

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425 v1.3

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Banking E-Services Project Proposal

Fill out each of the sections below with information relevant to your project and add your company’s name.

Company Name: XYZ Bank

Project Proposal: Internet Banking System

Project Scope Statement
Project Title	Banking e-Services
Project Sponsor(s)	XYZ Bank
Business Context for the System	The proposed internet bank project needs to implement accounts and deposits, credit, debit and travel cards, insurance, tax services, investment as well as insurance services.
Project Scope Description	IT infrastructure, Data and system security, network, applications among others.
Date Prepared	13th July, 2021.
Prepared By	Student Name

Problems/Issues/Opportunities the Proposed System Expected to Solve

It makes the system more secure and up to date with installation of antivirus, firewall and applying data encryption.

Project Objectives

Project Objective Name

Project Objective Description (In terms of Issues and Opportunities)

Transactions, Balances, Statements, Accounts

Issues:

Security, Technical difficulties, sometimes difficult to access, network glitches.

Opportunities:

Time saving, user-friendly, safe, time-saving, and password and id-based authentication

Objective definition:

Clients' data is fed into the system, and it provides as much information and services as it can, such as maintaining accounts, balances, and records of deposits and withdrawals, all while maintaining a highly secure infrastructure and fewer network issues. The technical infrastructure should be robust and easy to use.

Project Deliverables

Project Deliverable Name

Project Deliverable Description (In terms of Issues and Opportunities)

ATM, servers, infrastructure, applications as well as other devices

Issues:

Occasionally they stop working, or there is an issue with accessibility, such as a slow internet connection or poorly designed applications that are not user friendly.

Opportunities:

It can give the people an opportunity to learn new technical ideas hence saving time and cost

Project Acceptance Criteria

Project Acceptance Criteria Name

Project Acceptance Criteria Description (In terms of Issues and Opportunities)

User name, mobile number, account number, address, additional codes

Issues:

A user can miss to fill some important information due to misunderstanding, or others just prefer manual work

Opportunities:

It gives the users an opportunity to enhance the computer knowledge by working using their smartphones and laptops.

Project Exclusions
Project Exclusion Name	Project Exclusion Description
Hardware requirements	This project will not build the hardware needed for the implementation. However, it will focus on the integration and configuration of the hardware with the software.

Project Constraints

Project Constraint Name

Project Constraint Description (In terms of Issues and Opportunities)

Assistance, network, security, inflexibility

Issues:

People may want help while doing online transactions, for instance, when operating an ATM machine. Even though network brokerage is a regular occurrence, security measures might be poor sometimes, thus banks should employ antivirus and firewalls in their systems.

Opportunities:

It makes the system more transparent by making information more readily available, and it may be made more scalable by emphasizing the significance of online banking to the public.

Project Assumptions

Project Assumption Name

Project Assumption Description (In terms of Issues and Opportunities)

Service oriented, Customer driven

Issues:

While there are interruptions when providing services, it totally meets the demands of the population. As a result, meeting client needs should be a top priority.

Opportunities:

It can acquire a better understanding of what customers require in order to meet their needs, and it can install all of their services on their website, making work easier.

Project Methodology

i The website should be simple to use. Develop a vision and work on it, such as what all consumer demands you can meet with the website, and so on.

ii Design as many templates as possible, and align the website creation and success methods.

iii It should be adaptable as well as simple to use even remotely and at any time.

iv It is highly scalable and can meet the demands of a large number of employees, as well as feed consumer data into the system.

v Available 24 hours a day, 7 days a week.

vi It should be customer-focused.

High-Level Work Schedule: Project Scope

Description of Work

Assumptions and Constraints

Build a system that allows one to make payments as well as other type of transactions online.

Basic computer knowledge

System requirements met

Requirement’s definition

Designing

Development and implementation

ID	Activity	Resource	Labor Hours	Labor Rate (USD)	Labor Total	Material Units	Material Cost (USD)	Material Total	Total Cost
1	Deposit and withdraw money	ATM, software, computer	80	400	32000	10	1000	10000	42000
2	Make online payments	Mobile application, software	50	300	15000	5	500	2500	17500
3	Borrow loans	Mobile application, software, computer, mobile phones	40	300	12000	5	600	3000	15000
4	Verify user transactions	Software, computer	40	200	8000	6	300	1800	9800
5	Insurance activities	Software, computer, mobile phones	80	400	32000	15	400	6000	38000