1.Iteration Plan 1.1. Key milestones Milestone Start Date Iteration start 10/10/2011 Identify the requirement for status selection (Filling return individually, married and jointly, divorcee, etc.)...

1.Iteration Plan

1.1. Key milestones

Milestone	Start Date
Iteration start	10/10/2011
Identify the requirement for status selection (Filling return individually, married and jointly, divorcee, etc.)
Identify the number of dependents (who all will be included in the list of dependents, children, parents, spouse, siblings)
Identify the other sources of income (what all can be the possible sources of income for the employees and how they will be treated)
For each status, the deduction available (the deductions can be standard deductions and the deduction attributed to certain expenditures made by the employee)
Calculate the tax liability on the basis of the income, status, dependents, etc.
Identify the scope of tax savings by tax planning investment and contribution to certain funds, IRAs, etc. so that the deduction can be valued
Process to alert the employees about the possible savings to save the tax liability with the timelines
Process to make the optimal savings automatically in case elected by the employee at the beginning of the year.
Iteration stop

The iterations has different mile stones or they can even be considers as individual iterations as each of the above work unit is independent and result in measurable progress of the project.

1.2 Work Item assignments

This section references either the Work Items List, which provides information about what Work Items are to be addressed in which iteration by whom, or specifically call out the Work Items Lists to address in this iteration. The preferred solution depends on whether or not it is trivial for team members to find the subset of all Work Items that are assigned to the iteration by using search methods, rather than the Iteration Plan.

Name or key words of description	Priority	Size estimate (points)	State	Reference material	Target Iteration	Assigned to (name)	Hours worked	Estimate of hours remaining
Tax credits	0	10	Completed	Federal income tax Act	Kate	55
Savings (required)	0	25	Completed	Federal income tax Act	Charles	80
Scope of tax saving	1	10	In Process	Federal income tax Act	Harry	50	50
Process to alert the employees about the possible savings	2	55	In Process	Federal income tax Act	Kate, Charles	40	60

1.3. Issues

None 1.4 Evaluation criteria The sample of employees will be selected on the basis of the diversity in their status, income, sources of income, dependents and available deductions and the results will checked by the tax consultant of the company to evaluate the results from the iteration. 2. Assessment 2.1 Work Items Status The work items identified in Phase 1 have been continued through the date of this report and current status of those work items is as follows:

Name or key words of description	Priority	Size estimate (points)	State	Reference material	Target iteration	Assigned to (name)	Hours worked	Estimate of hours remaining
Tax credits	0	10	Completed	Federal income tax Act	Kate	65
Savings (required)	0	25	Completed	Federal income tax Act	Charles	80
Scope of tax saving	1	10	In Process	Federal income tax Act	Harry	50	50
Process to alert the employees about the possible savings	2	55	In Process	Federal income tax Act	Kate, Charles	40	60

It can be seen that the task on Priority 1 (Scope of tax saving) is lagging behind. This may be due to a variety of reasons such as communication gap, some obstacle that personnel are facing or some other unanticipated delay. 2.1 Work Items: Planned compared to actually completed

Calculate the tax liability on the basis of the income, status, dependents, etc.	Delayed and exceeding budget, Completed
Identify the scope of tax savings by tax planning investment and contribution to certain funds, IRAs , etc. so that the deduction can be valued .	Completed
Tax payable	Completed
Process to alert the employees about the possible savings to save the tax liability with the timelines	In - Progress
Process to make the optimal savings automatically in case elected by the employee at the beginning of the year.	Not Started – delayed due to preceding activities

2.2 Assessment against objectives The following table assesses various key milestones and their progress through the date of this report:

Milestone	Duration (Days)	Status
Iteration start	On time
Identify the requirement for status selection (Filling return individually, married and jointly, divorcee)	10	Completed
Identify the number of dependents (who all will be included in the list of dependents, children, parents, spouse, siblings)	5	Completed
Identify the other sources of income (what all can be the possible sources of income for the employees and how they will be treated)	10	Completed
For each status, the deduction available (the deductions can be standard deductions and the deduction attributed to certain expenditures made by the employee)	7	Completed
Calculate the tax liability on the basis of the income, status, dependents, etc.	10	Delayed, Completed
Identify the scope of tax savings by tax planning investment and contribution to certain funds, IRAs , etc. so that the deduction can be valued .	15	In progress
Process to alert the employees about the possible savings to save the tax liability with the timelines	12	In progress
Process to make the optimal savings automatically in case elected by the employee at the beginning of the year.	20	Not Started
Iteration stop

The first two objectives are realized and the others are in the progress. The last objective has been delayed due to issues faced by personnel as discussed above. 2.3 Assessment against Evaluation Criteria Test results The first five sub miles stones are completed totally with 6th milestone being exceeded in both budget and time.
The remaining milestones are in progress, with majority having been delayed due to the identified problem. There are high chances of exceeding the set deadline as well as budget. 2.4 Other concerns and deviations None 3. Iteration 3.1 Rectifications As discussed above, the plan above requires revision so as to accommodate for delays, budget that has been exceeded as well as rectification of steps where employees are facing issues. Hence, this section will present a revised work items list and key milestones:

Name or key words of description	Priority	Size estimate (points)	State	Reference material	Target iteration	Assigned to (name)	Hours worked	Estimate of hours remaining
Tax credits	0	10	Completed	Federal income tax Act	Kate, Harry	55
Savings (required)	0	25	Completed	Federal income tax Act	Charles	80
Scope of tax saving	1	10	In Process	Federal income tax Act	Harry	50	50
Process to alert the employees about the possible savings	2	55	In Process	Federal income tax Act	Kate, Charles	40	60

As seen above, priority order as well as allocation of personnel has been revised so as to ensure work completion in the fastest possible manner. More personnel has been allocated to tasks where number of hours remaining is more.
The following table revises duration of tasks that have been delayed or where there are chances of delay. Further, more tasks have been added to the list as deemed fit:

Milestone	Duration (Days)	Status	Predecessors
Iteration start	On time
Identify the requirement for status selection (Filling return individually, married and jointly, divorcee)	10	Completed	1
Identify the number of dependents (who all will be included in the list of dependents, children, parents, spouse, siblings)	5	Completed	2
Identify the other sources of income (what all can be the possible sources of income for the employees and how they will be treated)	10	Completed	3
For each status, the deduction available (the deductions can be standard deductions and the deduction attributed to certain expenditures made by the employee)	10	Completed	4
Tax Credit Calculation	7	Completed	5
Savings calculation	7	Completed	6
Calculate the tax liability on the basis of the income, status, dependents, etc.	12	Delayed, Completed	7
Identify the scope of tax savings by tax planning investment and contribution to certain funds, IRAs , etc. so that the deduction can be valued .	15	In- Progress	8
Process to alert the employees about the possible savings to save the tax liability with the timelines	12	In- Progress	8
Process to make the optimal savings automatically in case elected by the employee at the beginning of the year.	20	Not Started
Iteration stop	11

Hence, through above revision of tasks and corresponding duration, the iteration as planned should be much closer to actual execution. 3.2 Other concerns and deviations None
References
Boyer, J. & Mili, H. (2011). ‘Agile Business Rule Development: process, Architecture and JRules Examples’,
New York: Springer Heidelberg Dordrecht.

“Open Up life cycle”. Retrieved online on 5^th
August, 2011 from http://process.osellus.com/sites/wiki/OpenUP%20Lifecycle/Wiki%20Pages/Home.aspx
epf.eclipse.org. Retrieved online on 5^th
August, 2011 from http://epf.eclipse.org/wikis/openup/practice.mgmt.risk_value_lifecycle.base/guidances/concepts/incept