Identify risks that can impact the success of your project

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Reference no: EM131750016

The following sections must be included in your final Capstone Component 1: IT Project Proposal deliverable. However, you are not limited to including only this information:

1. Problem Statement: Analyze the problem you identified and explain why the problem is significant.

2. Overview of Solution: Provide a clear, high-level description of your proposed solution. The solution should use innovative ideas and apply emerging technologies where appropriate (collaboration tools, social media, cloud-based technology, mobile technology, virtualization, etc.).

3. Methodology: 

Describe the operating environment, including any existing technology that is used now. How will the proposed solution replace, enhance, or be integrated with the existing system or environment?

Propose an adoption plan that supports the successful implementation of the technological solution within current processes, architecture, and environment.

Explain the methodology, strategy, or approach you plan to use to develop your proposed solution. Your approach could include agile methodologies, creating prototypes, using traditional project management strategies, and so on. This section should also include frameworks and standards such as NIST, ISO, IEEE, and COBIT, if applicable. 

Identify risks that can impact the success of your project and develop appropriate risk mitigation strategies.

4. Tools: Describe the tools and technologies you plan to use to develop your solution, addressing data security, systems, networks, and other IT components in the design. Consider virtualization, cloud technologies, integrated development environments, collaborative tools, project management software, software programming languages, simulation environments, etc.

5. Requirements: Document functional, security, and performance requirements for your project at a high level. In addition, identify gaps between any existing systems and the existing operating environment, and the environment and system that you plan to create.

6. Compliance (if appropriate): Identify any standards, regulations, or laws with which your project must be in compliance. For example, if applicable to your project, consider FERPA, HIPAA, the Sarbanes-Oxley Act, the Gramm-Leach-Bliley Act, etc.

Reference no: EM131750016

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