Project Coursework

I. Introduction

The project coursework aims to develop a new mobile application for managing personal finances. The application, named "BudgetMaster," will help users track their income, expenses, and savings goals effectively.

II. Project Description

A. Project Title

BudgetMaster: Personal Finance Management App

B. Project Objectives

Develop a user-friendly interface for easy navigation.
Implement secure login and data encryption features.
Integrate budget tracking, expense categorization, and savings goal-setting functionalities.

C. Project Scope

The project will focus on developing the core features of the BudgetMaster app for Android and iOS platforms.

D. Deliverables

Fully functional BudgetMaster app for Android.
Fully functional BudgetMaster app for iOS.
User manual and documentation for the app.

III. Project Plan

A. Timeline

March 2050: Project planning and requirement gathering.
April 2050: Design and development of app interface.
May 2050: Implementation of core features and testing.
June 2050: Final testing, debugging, and deployment.

B. Task Breakdown

Task 1: UI/UX Design (Assigned to Design Team)
Task 2: Backend Development (Assigned to Development Team)
Task 3: Frontend Development (Assigned to Development Team)

C. Resources

Human Resources: Designers, Developers, Project Manager
Material Resources: Software Development Tools, Server Space
Financial Resources: Budget Allocation for Development and Marketing

IV. Risk Management

Risk Identification	Risk Analysis	Risk Response
Risk 1: Delays in Development Due to Technical Issues	Risk 1: Medium likelihood, High impact	Develop strategies to mitigate, avoid, or transfer risks.
Risk 2: Changes in User Requirements	Risk 2: Low likelihood, Medium impact	Mitigation Plan: Regular backups and security updates
Risk 3: Security Breaches	Risk 3: High likelihood, High impact	Contingency Plan: Rapid response team for security breaches