Table of Contents
Part 1: Individual Report
2.0 Project background.
3.0 Project Plan and Project Development Lifecycle.
4.0 Project aims and objectives.
5.0 Estimated costs and resource allocation.
6.0 Budget for the proposed project
7.0 Stakeholder analysis for the proposed project
8.0 Risk management plan.
9.0 Work breakdown structure.
10.0 Exhibition potential sales.
11.0 Return on investment
12.0 Gantt chart
Part 2: Individual Reflection.
2.6 Action plan.
As Richman (2016) notes, the project plan is a very known term in project management. This is a significant step in the project lifecycle and has great importance in an organization (Turner, 2015). Firstly, this paper provides a project background. Secondly, this paper identifies the aims and objectives of this project. Thirdly, this paper describes the purpose and scope of this project. Fourthly, this paper describes the estimated costs of this project. Fifthly, this paper defines the budget for the project. Then, stakeholder analysis for the project is described. In addition, this paper identifies the risks of this project. Moreover, this paper provides a work breakdown structure for this project and describes the exhibition’s potential sales. Finally, this paper describes the return on investment and provides a Gantt chart for the project.
2.0 Project background
Harmsen (2017) disclosed that Project Background describes the organizational background in which the project takes place. The project background is a significant part of developing a project. This paper develops a project plan for Jo Malone. The chosen organization for this project is Joe Malone London which is a British perfume brand and an Ill-known scent industry (O’Neill, 2018). This organization first founded by Joe Malone. Joe Malone offers expensive perfume products, luxurious candles, and bath products, and room scents products to its customers. Jo Malone wants to do an exhibition “Jo Loves” at the Trade Show. The new range of products “Jo Loves” has been established and this project is going to evaluate the opportunity providing for the business to take part in London Health and Beauty Trade Show in the next six months.
Our Recommended Resources:
3.0 Project Plan and Project Development Lifecycle
As Island (2017) notes, the project management life cycle is mainly categorized into four steps including initiation, planning, execution, and closure that take the project from the starting to the ending……
4.0 Project aims and objectives
The aim of this project is to launch new products and gain brand recognition. In addition, it aims to target new clients and increase sales and distributorship agreements.
- To look at the exhibition to know who attends, duration and their opinions, helps to know the goals are achievable or not.
- To consider the exhibition as appropriate for business because of objectives, audience and information program of Trade Show
- To lay the groundwork to achieve the objectives and to set a time-frame for the exhibition
5.0 Estimated costs and resource allocation
The budget of the project was estimated at £12000 for 6 days’ attendance at to Trade Show. About 33% cost will be used for renting a stand space, where a 10% cost will be used for designing the shopfront. In addition, a 22% cost will be used for hiring the staff and training for 3 people. Moreover, only a 2% cost will be used for the transportation system. On the other hand, a 27% cost will be used for accommodation/food. Furthermore, a 16% cost will be used for buying promotional materials and 10% cost will be used for buying gift items……………