Sunday, April 7, 2019
Project Management Essay Example for Free
offer Management canvas1. Executive SummaryThis business plan for R.E.A.L. Girlz Clothing Store has been created by an ESN to secure additional reenforcement for growth and to inform retailers and consumers of the current status and direction. R.E.A.L. Girlz Clothing Store is a new party that is presentation in Houston, Texas. The alliance anticipates great demand for its crossing, and research shows that the tar explicate market of families and positively charged surface girls would equal to buy the product pains that R. E.A.L. Girlz Clothing Store offers.R.E.A.L. Girlz Clothing Store is also interested in extending their product line with new creative additions and plans to explore opportunities for online selling. The marketing environment has been very receptive to the companys blue quality products. In the future, R.E.A.L. Girlz Clothing Store looks to increase its distribution, offer new products, and further new customers.Goals Definition StatementGoal Definit ionThis proposal design ramble stand be the first major strategic design that we will apply to our original concept and designs. The design will consist of girls plus size designs, accessories of all colors and patterns to match clothes. Our goal is to create trendy designs of clothing and accessories that will consist of tops, pants, outerwear, active wear, shoes, under garments, purses, and accessories. R.E.A.L. Girlz Clothing Store fashions will provide a high quality product w present the image is recognizable among the young fashion conscience consumers. It will create a sense of community among plus size girls and their families who purchase the product.Goals that address our missionThe major focus of this foresee is to seek to be the leading brand of quality clothing for plus size girls by offer clothing designed with them in mind. * Provide plus size girls with the most dynamic clothing line where styles be contemporary, trendy and just as fashionable as their counter parts. * Clothing creating a boost of self-assertion and an opportunity to show how proud they are to be plus size girls. Goals that address self-sustainmentWith this plan in place we expect to* To gain maximum market share over the first five geezerhood * To track greet and find offices of lowering them to make our product more competitive in the market place * To analyze the advertising dollars spent* Develop a successful Internet site, dapple maintaining strong relationships with retailers * Introduce two new product linescustomized logo clothing and accessoriesObjective Definition* cognitive process Looking forward at our five year plan, we expect this new design to provide revenue. The pass judgment amount of revenue the company wishes to make annually is $80,000. A market survey will be conducted so that we will see how our product will place values with our consumers. * Cost Estimate blueprint plans include, materials, makers, distribution, which expected estimate c ould be $120,000 on an annual basis. * Total Project Cost $400,000.00* Schedule Project duration expected to be five yearsPROJECT OBJECTIVES* To flip a plus size girls clothing store, within 9 months and at a start up cost non to outgo $400,000.00. DELIVERABLESPlus size girls clothing pattern accessories that will be available at the R.E.A.L. Girlz Stores and through the company website are expected to include* Purses* Cell Phone Covers* Tablet CoversScope StatementProject crapR.E.A.L. Girlz Clothing StoreProject ManagerElla CurlProject Objective To have a plus size girls clothing store, within 9 months and at a start up cost not to exceed $400,000.00. DeliverablesThe store will have* Inventory* POS system* Fixtures* Security cameras* Mannequins* Package that will provide backup process for POS Systems* Package that will provide backup process for ITTECHNICAL REQUIREMENTSPOS systems will have the capabilities to ring up sales even before adding inventory, barcode scanning, custo mer reward options, and customer mass e-mail options. It will also allow for employees to sign in and show inventory management, purchasing/receiving and reports.LIMITS AND EXCLUSIONSManufacturers reserve the business to contract the R.E.A.L. Girlz Store and are responsible for work done by sub contractors. Distributors reserve the serious and are responsible for all loads of product through third party shipping companies. R.E.A.L. Girlz Store website is getatable from Sunday through Saturday 700 a.m. EST to 1000 p.m. EST. The POS systems will have access to QuickBooks Accounting but not QuickBooks Pro. GiftLogic software is sold separately.Work Breakd have got StructureThe following Work Breakdown Structure or WBS Gantt Chart provides a snapshot of the project and indicates that the project objectives will be performed by both(prenominal) internal and external project team members. It is important that it is understood and agreed upon by all stakeholders that this is considere d a time-constrained project. The risk of exposures that could affect this time-constrained structure will be discussed in the following section.Net DiagramThe following chart is the Net Diagram of the project task. This diagram shows all the relationship between the tasks, and the critical path. It shows any changes of the tasks and the solvent of the project. stake Management PlanThe following are a list of risks that might vitrine the project delays or failures with their respective outcomes (see numerical list below). The four risks that are in orange bold are key risks that appear in the Risk Assessment Table. 1) Getting approved business loan This could cause a delay if the owner is unable to get an approved loan to establish the business.2) Meeting criteria to get business license This could delay the project if the owner doesnt have the proper documents to get license for the business. 3) Lack of Infrastructure Availability This is the lack of having a designated buildin g within the citys own infrastructure, whereas, the product will have to be produced in a different area leaving the risk of increase in the cost and project completion time.4) Natural Disaster This risk could cause the project to be hault due to any unexpected weather conditions such as hurricane, tornado, etc. that may pass by. 5) misinterpreted Product Design This could delay the product if the product is not designed according to the requested specifications of the customers. 6) Website break up In dealing with internet based customers if the website were to have technical difficulties, this risk could delay the product from customers who workshop solely by website ordering.7) Manufacturers Delay This risk includes the possibility of the manufacturer being able to produce the product on time, which could delay the production time by way of any issues incurring at the manufacturer center. Such as lack of employees to help get the product produce. 8) Distributers untimely ship ment The risk here is found if the distribution center is unable to or there is a delay in shipment arrival by required date, due to time disruption of some sort by way of backorder, etc.9) Project Manager has personalised matter This could delay the project if the manager has a personal matter such as death of an immediate family member. 10) Product misplacement This risk can occur due to shipping agency shipping the product to the wrong address, or address information is miscommunicated.Risk AssessmentThe following is an assessment of these risks in terms of the luck of project occurrence and the negative cost impact of project outcomes. Risk analysis attempts to quantify the severity of the impact of an identified risk event. The probability is subject to change.Risk ResponseFor each risk, we have determined the action that will be taken in an event this risk should occur. The following will take place, either accept, reduce or reassign the risk. The Risk Response Table identif ies a brief contingency plan for the risks that have been identified.
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