Every project that has a reasonable chance at success starts with a solid plan. A project plan is far more
than just a schedule - it is a master plan that directs all planning and execution efforts to meet a
project’s goals. For this class project, you will create a project plan to implement a newly developed
blockchain application.
The first step in this assignment is to describe your organization’s environment and blockchain
application. You can choose a consumer-based or enterprise application environment. Each one has its
own environmental concerns. Once you describe your organization and blockchain application
environment, you will provide the abbreviated project plan. (A real project plan will include detailed
schedule, budget, procurement, and other supporting plans. This project won’t require all components
of a real-life project plan.)
You abbreviated project plan (with organizational and blockchain environment introduction) must be no
less than 1500 words. Your paper must be in proper APA format, including proper in-text citations and
end references for any external sources you use. No more than 10% of this paper may originate from
external sources. This isn’t a research paper - it is a project plan.
Your paper must start with the following sections (which should comprise at least 1/3 of your paper):
- Organizational overview - Introduce your organization (it can be fictitious). Describe what your
organization does, how it defines success, what services or products it produces, and why it
decided to venture into blockchain technology. Then describe the specific goals blockchain
technology must meet to be deemed a success.
- Blockchain environment overview - Describe the type of blockchain your organization has
decided to implement and why. Explain how your chosen blockchain implementation is the best
choice for your organization’s goals and capabilities, and how your organization participates in
your chosen blockchain network’s governance.
Full Answer Section
Why Blockchain?
GreenTech recognizes the limitations of traditional supply chain models, including opacity, vulnerability to fraud, and difficulty in tracing the origins of materials. We believe blockchain technology can address these issues by providing:
- Transparency and traceability: Blockchain's tamper-proof ledger ensures accurate tracking of materials and components throughout the supply chain, from raw material sourcing to finished product delivery.
- Enhanced trust and security: Blockchain's decentralized nature reduces the risk of fraud and manipulation, fostering trust between GreenTech and its suppliers, partners, and customers.
- Sustainability and ethical sourcing: Blockchain can enable us to verify the provenance and ethical sourcing of materials, ensuring our products align with our environmental and social responsibility values.
Blockchain Success Goals:
- Reduce supply chain disruptions and delays by 20%.
- Increase transparency and traceability of materials by 50%.
- Reduce the carbon footprint of our supply chain by 15%.
- Enhance customer trust and brand reputation through ethical sourcing.
- Blockchain Environment Overview:
GreenTech has chosen to implement a Hyperledger Fabric permissioned blockchain network. This choice is driven by several factors:
- Scalability and performance: Hyperledger Fabric's modular architecture and pluggable consensus mechanisms allow it to scale efficiently to accommodate our growing needs.
- Privacy and confidentiality: Permissioned access to the network ensures the privacy of sensitive data while enabling authorized participants to collaborate effectively.
- Customizable governance: Hyperledger Fabric's flexibility allows us to tailor the network's governance structure to our specific requirements and participation levels.
GreenTech's Participation in the Network:
We will act as a consortium leader, inviting key stakeholders in our supply chain, including raw material suppliers, manufacturers, logistics companies, and relevant regulatory bodies, to participate in the network. We will actively contribute to governance decisions, network maintenance, and development of industry-specific standards and protocols.
- Abbreviated Project Plan:
Phase 1: Project Initiation and Planning (1 month):
- Define project scope and deliverables: Clearly outline the specific functionalities and features of the blockchain-powered supply chain management system.
- Assemble project team: Identify and recruit team members with expertise in blockchain technology, supply chain management, and project management.
- Conduct feasibility study: Evaluate the technical and financial feasibility of implementing the chosen blockchain solution.
- Develop project roadmap and timeline: Create a detailed plan with milestones and deadlines for each phase of the project.
Phase 2: System Design and Development (6 months):
Sample Answer
GreenTech Solutions LLC is a rapidly growing start-up specializing in developing and implementing sustainable energy technologies. We cater to both residential and commercial clients, offering a range of solar panel installations, energy storage solutions, and energy efficiency consulting services. GreenTech is committed to transparency, sustainability, and ethical sourcing, and we believe blockchain technology can significantly enhance our supply chain management and environmental impact tracking.