ForewordRosie's Pet Accessories is a new business that is emerging in the pet products market. The start of the new business was divided into three definitive proposals; the website, the business plan and the accounting systems. Additionally, the plan will serve as an agreement between the following parties: Project Sponsor, Steering Committee, Project Manager, Project Team and other personnel associated with and/or affected by the project. The company is aware of the risks arising from starting a new business and the difficulties they will face, especially in accounting matters. The main problem they recognized is the need for online, computerized, easy-to-use accounting software so they can keep costs down without having to hire a full-time accountant. Since there is no one in the company with previous accounting experience, they decided to investigate the real cost/benefit ratio of different accounting software for a modern accounting system. Current accounting is done using Microsoft Excel and the company will begin operations in the near future. Project Objectives By launching the business, Rosie's Pet Accessories will provide specialty products to a niche market of pet owners in New Zealand, aged 18 to 40. The business is expected to start within 6 months, which means that the website, business plan and accounting system will need to be completed within this period. This proposal concerns accounting systems that will simplify accounting and bookkeeping. be easy to use after basic training, computerized and online accounting software, so you can keep costs down without having to hire a full-time accountant. Rosie's Pet Accessories initially identified the following high level... middle of paper. .....ogies, 2014) The project manager and his team communicate constantly with the client, in this case Rosie's Pet Accessories, throughout the duration of the project. (InterviewPenguin.com, 2013) Research has shown that using an Agile methodology increases the likelihood of project success, compared to more traditional methods. (Hodgson, 2013) This is due to high stakeholder involvement, transparency, early and predictable delivery, predictable costs and schedule, enables change, focusing on company values, focusing on customers and improving quality. (Zolyak, 2013) The disadvantages of this type of project methodology that can lead to project failure arise from issues related to the amount of interest the client has in the project, the dedication of the team, the amount of work scheduled within a sprint, to communication or quality. (Projects, 2013)