What is Digital money?

PROJECT DOCUMENTATION

HIGHLIGHT REPORT

Project:        Digital money

Release:                06-11-2020

Date:                    23-10-2020

PRINCE2

Author:	Karthik Reddy Puram
Owner:	University of Bedfordshire
Client:	University of Bedfordshire
Document Ref:	CATS/G4/CIS120-6
Version No:	1.1

1        Highlight Report History

1.1     Document Location This document is only valid on the day it was printed. The source of the document will be found at this location. 1.2     Revision History Date of this revision:                                     Date of next revision:        Revision date Previous revision date Summary of Changes Changes marked Nil Nil   Nil

1.3     Approvals

This document requires the following approvals.

Signed approval forms should be filed appropriately in the project filing system.

 

Name	Signature	Title	Date of Issue	Version
University of Bedfordshire		Project client	23-10-2020	1.1
Ashish kumar Reddy Ramidi		Project Manager	23-10-2020	1.1

1.4     Distribution

This document has been distributed to:

 

Name	Title	Date of Issue	Version
University of Bedfordshire	client	23-10-2020	1.1
Ashish kumar Reddy Ramidi	Project manager	23-10-2020	1.1
Mehidia AfrinTania	Team member	23-10-2020	1.1
Rani Noothula	Team member	23-10-2020	1.1
Akash Dinkarkumar Patel	Team member	23-10-2020	1.1
Vijayakanth Dhulipalla	Team member	23-10-2020	1.1
Karthik Reddy Puram	Team member	23-10-2020	1.1
Sanjay Reddy perkit	Team member	23-10-2020	1.1
Amandeep Kaur	Team member	23-10-2020	1.1

 

2      Table of Contents

                                                                                                                                                             Page

 

1      Highlight Report History                                          1

1.1  Document Location                                                                                                          1

1.2  Revision History

1.3  Approvals

1.4  Distribution

2      Table of Contents

3      Date

4      Period

5      Status Summary

6      This Reporting Period

7      Next Reporting Period

8      Project and Stage Tolerance Status

9      Requests for Change

10     Key Issues and Risks

11     Lessons Report (if appropriate)

3        Date

This project report has been started on 28-09-2020.

4        Period

The period of the highlight report is covered from 19-10-2020 to 23-10-2020.

5        Status Summary

The before 3 weeks of the project mainly working on the project management documentation. The project mainly works on those three weeks the project brief, project initiation document including risk response plan and the highlight report. And other two documents like RACI matrix and Gantt chart those are included in the Project Brief during this period.

The poster, structure report, legal and ethical report, video, social media, lessons learned report are additionally included in the next week For suppose week5.

Status of all Project Tasks:

 

·       RACI matrix is Completed Modified as per given Review from Client.

·       Gantt chart is completed.

·       Project Brief is completed modified as per given Review from client.

·       Project Initiation document also completed modified as per given review from client.

·       Highlight is completed and submitted for Review.

·       Structure Report is in progress. Not yet submitted.

·       The video is in the execution. Not yet submitted.

·       Social media is in progress. Not yet submitted.

·       Poster is waiting input from structured Report. Not yet submitted.

·       Legal and ethical report id in progress. Not yet submitted.

·       Lessons Learned report not yet started. Not yet submitted.

6        This Reporting Period:

     During this Reporting period, It basically focussed on passing on the endeavour the project documentation, for instance, project brief, project Initiation Document (PID) and the Highlight report. All these documentation has been made and submitted, but due to inconvenience of the project making, the gathering has not submitted the document before the deadline time and there has been a couple of changes done on the project brief, ProjectInitiation document (PID) and RACI Matrix during this period as per the suggestion from the client.

 

Work Package:

·       In this report period, we have completed project brief and including Gantt chart  Modified as per feedback from the client.

·       In this report period, we have completed project Initiation document and including       the Risk management plan also Modified as per feedback from client.

·       We change the RACI matrix also as per the feedback from the client.

·       Highlight report is completed and submitted for approval. 

Initiation document (PID) and RACI Matrix during this period as per the suggestion from the client.

 

7        Next Reporting Period

For this Reporting period the project team needs to deliver undertakings which incorporates the Structure report, legal and ethical report, video, Social media, Poster and lessons learned report the last week has an individual intelligent report that must be submitted.

Work package:

·       Structure Report is in progress.

·       The video is in the execution.

·       Social media is in progress.

·       Poster is waiting input from structured Report.

·       Legal and ethical report id in progress.

·       Lessons Learned report not yet started.

8        Project and Stage Tolerance Status

The Project needs to experience many requirements, and tolerances to convey the task documentation effectively. These tolerances are the limits set by the Project individuals, for viable dynamic. The whole project team of 'DIGITAL MONEY' have set after tolerances:

 

Schedule Tolerance: First week, the group couldn't finish the given task inside the schedule time period, as the undertaking was trickier.

 

Risk Tolerance: The project team investigated the Risk of correspondence holes while creating project brief and further more project Initiation, and this issue was settled by evading conflicting information flow.

9                Requests for Change

·       As per the request raised we altered the duration video from1 minute to 5 minutes.

·       In project brief we sorted the issue regarding team structure.

10            Key Issues and Risks

·       Concerns related to digital money centre around their price volatility, ways of criminal behaviour, and environmental impacts.

·       Changes have been done on RACI MATRIX about Roles and Responsibilities.

·       Changes have been done on project Brief and Project Initiation document as per given by feedback from client.

11            Lessons Report (if appropriate)

The project team of DIGITAL MONEY, faced various inconveniences while building up the Project. A portion of the checks while building up the project are according to the given below:

•   The team required a slight unwinding in the dispersed deadline time, as the team members didn't think about the bearing in the production of the task.
• Communication holes emerge at the same time, later on they were managed effectively