Project Proposal for Seeking value from Student engagement Project Team: Project Manager: Vishwa Chaitanya Javvaji Team members: Pradeep Vonguru Himaja Parachuri Durga Rao Kommineni Rishika Reddy Rakasi Introduction: The Reinvention Network is a small-scale project based professional services organization that has internalized network-centric form of organizational structure. The operation of the firm is basically linked to architect’s practice wherein ideas from clients and practice are amalgamated to develop a particular concept that is refined towards developing plans and specifications. The company was established in the early 2000s and has been taking on direct consulting projects with linkages to university business schools. The company’s core marketing activities is personal networking (The Reinvention Network, About Us, 2018). Description of artifact: The company operates with a small group having the responsibility for administration and financeThe core operations have moved from a dedicated space to a co-working spaceWorking opportunities are identified by the company and sometimes invitation is received by the company to contribute to another projectThe company has executed various consulting and research assignments and using on-line tools in its collaborationThe company wants to develop the ability of an enterprise that will be influenced by the rate at which new practices can be learned and adopted Rationale for the study The rationale behind the study is that Reinvention Network wants to develop a strategic level decision support tool that will be made available in a secure environment to a number of different organizations. Many large and small companies are interested in sponsoring some form of student engagement but do not find the proper platform to set up and manage the same. The company wants to identify various ways in which they will be able to obtain value from the engagement for establishing procedures for identifying suitable programs that will be helpful in defining individual project requirements. The company is sometimes invited to contribute to another project and sometimes an opportunity is identified by the company and team of partners. At any given time there will be a portfolio of projects that are to be managed sometimes at developmental stage and sometimes at operational stage. Collaboration with the clients occurs frequently that involves face-to-face contact that is supported by web-based tools and collaboration with the partners is based on web based tools with some face-to-face meetings via skype. Thus, the company wants to develop a support-based system that will help in managing the projects of the clients effectively and efficiently. Literature Review Knowledge management is a very crucial element of managing resources and efficiently handling various management perspectives. Various companies analyze knowledge as an asset that tends to encourage building stocks of knowledge. The adoption of operational routine by the organizations is very much necessary as the organizations help in leveraging from knowledge available to them. They take knowledge from knowledge. The collection of knowledge is sometimes known as corporate memory. In today’s world of technologically advanced communication and networking, the organizations a shared knowledge base is necessary for embedding platforms that are necessary for developing products and services that help the clients to fulfill their business objectives. The companies use various tools that support action research and sometimes knowledge is gained from community of practitioners (Osei-Bryson, Mansingh & Rao, 2014). Objective of the study The objectives of the study can be outlined in a ‘SMART’ (Specific-Measurable-Achievable-Realistic-Time bound) framework. Specific: The specific objective of Reinvention Network is to develop a proper tool that will help them to engage clients to develop platforms that can be easily helpful in serving the purpose of the clients. Measurable: The measureable indicators areinnovation and seamless quality and reduction. The technical tool that will be developed will help in developing development platforms that will help the partners in developing a secured network of making networks. Achievable: Given a specific budget of $ 10,000, the company strives to develop a platform that will help in engaging the clients with seamless network and productivity. Realistic: For developing the software platform, the company must develop a realistic approach towards developing the online tool. The company may also enter partnership with similar market leading companies to develop a cutting edge solution. Time bound: Time plays a critical role indeveloping the software tool. The company intends to develop the tool within 6 months from inception. TasksMonth 1Month 2Month 3Month 4Month 5Month 6Plan development Partnering with industry experts Infrastructure development Testing Deployment Practice Reference Osei-Bryson, K, Mansingh, G & Rao, L (2014). Knowledge Management for Development: Domains, Strategies and Technologies for Developing Countries. Springer Science & Business Media The Reinvention Network, About Us, (2018). Available at: [Accessed on August 19, 2018]
