BUSINESS CASE FOR PRECISION FARMING APPLICATION
Date:
Project Name:-Precision Farming Application
1.0 Introduction/
Background
The project plan is to help farmers increase the rate of their farm produce by
testing soil used in Agriculture. The application will also get the rover developed
by us. The application uses GPS to take soil from different locations and
determine its fertility, moisture, and minerals.
Project sponsor: .
Project manager
Date of Project approval: 09-19-2022
2.0 Business
Objective
Due to the environmental changes that have been occurring, the application will
help farmers predict the future by determining the fertility, moisture, and minerals
in their soil. This will help them plan their investment schemes and avoid making
losses due to poor decision-making.
3.0 Current Situation
and
Problem/Opportunity
Statement
The current situation is that farmers make decisions based on the information
available online through the weather department. However, having an application
that can give them real-time updates on weather changes will be a game changer
because they will be able to determine the cost of labor and farm inputs on time.
4.0 Critical
Assumptions and
Constraints
We assume that the application will help all farmers regardless of the size of their
farm. However, there are financial constraints because the project involves
massive code generation.
.
5.0 Analysis of
Option and
Recommendation
a. Consult farmers to understand what is currently affecting them.
b. Add developers to meet the project deadline
c. Decide on which programming language to use for the project
We recommend that farmers familiarization with crops and soil types to interpret
the application’s information quickly.
a. Satellite crop monitoring is a tool.
6.0 Preliminary
Project
Requirements
b. Sensors and rovers for recording climate data and information on soil and
water requirements.
c. Computers with high processing speed
d. Compilers
e. Debugging tools
f. Fast internet connection
g. Integration of crop database with application
h. Consult government agencies to avoid conflicts of interest that can lead to
lawsuits
7.0 Budget Estimate
and Financial
Analysis
The total cost is estimated to range between $45000-$50000. The higher cost is
due to the purchase of sensors, integration with real-time data tools, purchase of
licenses, and compensation of the programming team. However, the benefits
farmers will gain from the project will supersede the costs because it’s a long-term
project.
8.0 Schedule
Estimate
The estimated time is four months. However, this will be subject to changes if the
project sponsor brings new requirements during project implementation.
9.0 Potential Risks
†armers might take more time to participate and adapt to application
‰n case of errors, we might face lawsuits based on misleading farmers.
ˆigh costs of sensors
10.0 Exhibits
Exhibit A: Financial
Analysis
The project is viable and cost-effective because it will create a long-term solution
to an impending problem that has been a problem for farmers worldwide.
LIST OF PRIORITIZED RISKS FOR PRECISION
FARMING APPLICATION
Prepared by:
Date: 11-20-2022
Ranking
Category
Potential Risk
1
OPERATIONAL
RISK
There can be a risk where the process of application
development fails during the development or execution
of code. If the hired employee is not competent to
develop the code according to requirements.
2
BUDGET &
ONTIME RISK
The project budget can go over than expected if the
resources for buying sensors or setting up workspaces go
higher and if the software professionals charge higher.
3
PERFORMANCE
RISK
If the project sponsor can refuse to pay if the crop data
output is not as expected, and if the application cannot
give suggestions for the soil inputs taken.
4
Any issue of miscommunication regarding the
COMMUNICATION
requirements would rise the risk of wrong interpretation
RISK
in coding and developing the application.
5
SECURITY RISK
The risk is the possibility of finding bugs during testing
which can also increase the cost and time of project
6
SCOPE RISK
The scope changes in due course of the project as there
is a chance of adding too many updates and changes.
MARKET RISK
The farming application needs to gain acceptance by the
farmers allowing the deployment of sensors to collect
samples from the farm. It needs to be user-friendly as
farmers are mostly non-technical people.
7

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