COMPUTER APPLICATION TO PROJECT MANAGEMENT (A Case Study of the ISS300PS project in Central Bank of Nigeria, Mffina)

Abstract

ABSTRACT The project s to automate the vital records of the project Manager in the Management of the industrial and microprocessor-based currency processing machine's project (ISS300PS). Its main thrust is to provide the database to aid management in its decision making as regards the aims and objective of the project quickly and efficiently. With this computerization approach, relevant information needed by management for cost control and project appraisal can be accessed easily because of the ability of the computer to store and analyse data with high degree of accuracy, reliability and security. Central Bank of Nigeria as an apex financial institution introduced the use of the Banknotes processing machines in the sorting of the notes into fit and unfit according to some predetermine criteria. The machine also shreds and detects counterfeit notes during the process. There is therefore the need for periodic appraisal of the project by proper analysis of the relevant data to ascertain equipment utilization, rate of spare parts consumption and the level of depreciation of the equipment. This project therefore, tends to design a more viable and reliable database with appropriate vital records needed for management decisions.