Options Analysis - University of Adelaide

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Options Analysis
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Options Analysis
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TABLE OF CONTENTS
1
Document Overview .......................................................................................................................... 4
1.1
Context.................................................................................................................................. 4
1.2
Purpose ................................................................................................................................. 5
2
The Case for Change .......................................................................................................................... 6
2.1
Background ........................................................................................................................... 6
2.2
Current State......................................................................................................................... 6
2.3
Envisioned Future State ........................................................................................................ 6
3
Project Overview ............................................................................................................................... 7
3.1
Scope..................................................................................................................................... 7
3.2
Approach ............................................................................................................................... 7
3.3
Timeline ................................................................................................................................ 7
3.4
Assumptions.......................................................................................................................... 7
3.5
Constraints ............................................................................................................................ 7
4
Analysis Approach.............................................................................................................................. 9
4.1
Solution Identification .......................................................................................................... 9
4.2
Solution Qualification ........................................................................................................... 9
4.3
Solution Evaluation ............................................................................................................... 9
5
Solution Qualification ...................................................................................................................... 10
6
Solution Evaluation .......................................................................................................................... 11
6.1
Solution 1 - <Name> ........................................................................................................... 11
6.1.1
Outline ................................................................................................................................ 11
6.1.2
Evaluation ........................................................................................................................... 11
6.2
Solution 2 - <Name> ........................................................................................................... 11
6.2.1
Outline ................................................................................................................................ 11
6.2.2
Evaluation ........................................................................................................................... 11
7
Analysis and Recommendation ....................................................................................................... 12
7.1
Comparative Analysis and Ranking ..................................................................................... 12
7.2
Recommended Option Selection ........................................................................................ 12
8
Glossary ........................................................................................................................................... 13
9
References ....................................................................................................................................... 14
Appendix A:
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Risk Rating Determination Matrix ................................................................................... 15
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1 DOCUMENT OVERVIEW
1.1 Context
IT projects that deliver enterprise support for the University of Adelaide are managed in accordance
with the Project Management Framework. The primary goals of this framework are:
 To improve the delivery performance of IT projects by applying a consistent approach, sharing best
practices, and enabling continuous process improvement.
 To ensure that the University can exercise an appropriate level of control and oversight over IT
projects from a strategic, financial, technical, and management perspective.
For more information on the Project Management Framework, please refer to:
https://www.adelaide.edu.au/infrastructure/solution_delivery/framework/lifecycle/.
This Solution Architecture has been produced in the Feasibility phase of the Project Management
Framework as shown in the following figure.
Concept
Feasibility
Delivery
Detailed
Design/
Planning
Build/
Configure
and Test
Implement
Close Out/
Operational
Gate 0
Gate 1
Gate 2
Gate 3
Gate 4
Gate 5
Registration
and Process
Advice
Feasibility
Assessment
Delivery
Readiness
Assessment
Transition
Readiness
Assessment
Operational
Readiness
Assessment
Benefits
Realisation
& Close Out
Figure 1: Feasibility phase highlighted in the Project Management Framework
The primary objective of the Feasibility phase of the project is to produce a reliable statement of
agreement between the stakeholder group and the delivery group in terms of investment versus
outcome – in other words, an approved business case. It achieves this by:
 Defining the business and IT system requirements
The business requirements are defined in terms of organisational context, user roles, business
processes, business information, business rules, and business operations. Through analysis of
existing IT systems, manual vs. automated processes, the conceptual IT system is scoped and
defined in terms of functional and non-functional requirements.
 Evaluating IT options and defining the recommended solution
Where the IT solution is not defined in the Concept phase, IT system requirements are used to seek
and evaluate IT solution alternatives. Mechanisms such EOI (expression of interest), RFI (request
for information), or RFT (request for tender) may be used for engaging with the market, and
numerically-based scoring methods for comparative evaluation. The recommended option is
endorsed by all relevant stakeholders prior to its more detailed solution architecture definition for
the purpose of project planning and estimating.
 Planning and estimating
Based on the recommended solution architecture, the business case is developed to bring together
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the proposed outcome (scope, new capabilities, business benefits, business change, etc.) with the
required investment (capital costs, resources, time, operating costs, etc.).
These elements are depicted in the following figure with this document highlighted.
Feasibility
Requirements
Options and
Architecture
Business
Specification
Options
Analysis
IT System
Specification
Solution
Architecture
Planning and
Estimation
Business
Case
Gate 1
Feasibility
Assessment
Figure 2: Options Analysis document highlighted in the context of the Feasibility phase
1.2 Purpose
The purpose of this document is to:
 Define the approach used to identify, qualify, and evaluate solution options to enable suitable
candidates to be ranked for selection.
 Define the available solutions identified (the “long list”) and document the outcome of the
qualification assessment (to produce the “short list”).
 Provide an outline of each qualified solution and document the outcome its evaluation.
 Provide a ranking of solutions and act as the primary vehicle to engage with stakeholders to obtain
approval for option selection.
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2 THE CASE FOR CHANGE
2.1 Background
Background and context to the project.
2.2 Current State
“Where are we now…” – provide a very brief overview of the current situation giving rise to the need
for a solution.
2.3 Envisioned Future State
“Where do we want to be...” – provide a very brief overview of the future state after the solution has
been delivered.
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3 PROJECT OVERVIEW
3.1 Scope
The following tables define the project scope inclusions and exclusions respectively.
Table 1: Project scope inclusions
ID
Scope Inclusion
SI001
SI002
SI003
Table 2: Project scope exclusions
ID
Scope Exclusion
SE001
SE002
SE003
3.2 Approach
3.3 Timeline
3.4 Assumptions
The assumptions in the following table are known facts that have the effect of enabling, supporting, or
justifying specific aspects of the project.
Table 3: Project assumptions
ID
Project Assumption
PA001
PA002
PA003
3.5 Constraints
The constraints in the following table are known facts that have the effect of impacting or limiting the
project.
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Table 4: Project constraints
ID
Project Constraint
PC001
PC002
PC003
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4 ANALYSIS APPROACH
4.1 Solution Identification
4.2 Solution Qualification
4.3 Solution Evaluation
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5 SOLUTION QUALIFICATION
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6 SOLUTION EVALUATION
6.1 Solution 1 - <Name>
6.1.1
Outline
6.1.2
Evaluation
6.2 Solution 2 - <Name>
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6.2.1
Outline
6.2.2
Evaluation
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7 ANALYSIS AND RECOMMENDATION
7.1 Comparative Analysis and Ranking
7.2 Recommended Option Selection
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8 GLOSSARY
The following table provides a brief definition of the terms and acronyms used in this document.
Table 5: Definition of terms and acronyms
Term/Acronym
Definition
TCO
Total Cost of Ownership – the total cost of a solution over a prescribed
number of years including both the implementation project costs as well as
the net change in annual operating costs.
PMF
Project Management Framework – the defined approach to IT project
delivery used by the University of Adelaide.
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9 REFERENCES
The following references were cited in this document:There are no sources in the current document.
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APPENDIX A: RISK RATING DETERMINATION MATRIX
Risks are rated as ‘High’, ‘Medium’, or ‘Low’ based on likelihood and impact in accordance with the
following matrix.
Impact
Low
Medium
High
Low
Low
Low
Medium
Medium
Low
Medium
High
High
Medium
High
Extreme
Likelihood
Risk
Rating
Figure 3: Risk rating determination matrix
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