The document is a project proposal for T 'N' T Event Planners focusing on improving their wedding event decorating service. The goals are to increase the number of customers served each month, optimize use of company resources, and become the most respected company in the industry. Objectives include researching customer perceptions, analyzing financial records, and surveying employees. The key deliverables are improved financial returns, increased customer acquisition, and positive customer feedback. The budget is estimated at $10,000 and challenges include risk of dishonest responses during surveys.
1. Running Head: PROJECT PROPOSAL
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PROJECT PROPOSAL
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Project Proposal
Erica L. Smith
Professor Kimberly Taylor
Project Management
BUS 375
5/14/17
T ‘N’ T Event Planners
As the project manager of T ‘N’ T Event Planners, the main
focus will be on our wedding event decorating service. This is
the most lucrative event planning business hence reason for its
selection. It has been observed that there is a capacity in terms
of the market share our company dominates. This means that we
can acquire more customers for our service provision than the
current numbers we are working with.
According to Ozkan, N. (2015), a goal is a more long term
achievement that is desired while objectives are short run
activities implemented in strategies aimed towards goals. The
project proposal will be guided by the following goals. The first
is to have an overall increase in the number of customers we are
serving, that is, the maximum numbers per month possible. The
second goal put in place is the need to optimally use all the
company resources available by using them efficiently and
conveniently. This involves both human and financial resources.
2. The third goal will be to be the most respected and sought after
company in the wedding decorations industry. This will aim at
cementing the reputation of the company. In terms of
objectives, the first priority will entail research on consumer
perceptions towards our company in general and our services.
This will help in in pointing sectors within the service provision
that need improvement. Our second objective will be to analyze
our financial records and documents to note any in
discrepancies that may arise from the information and do away
with any if detected. Another of our objectives will be to
perform a survey on the whole company staff with a purpose of
improving our work force efficiency through job satisfaction
strategy. The general improvement of all employees will
eventually lead to an overall improvement in activities and
performance of the company.
The target and main consumers are couples that are currently
involved in their wedding arrangements and are looking for a
company such as T ‘N’ T Event Planners to deal with
decorations of the whole wedding. Generally, the couple getting
married is the main stakeholders. Other stakeholders might
include the wedding planner, the videographers and
photographers, accommodation and catering services.
The key deliverables for the project will include a noticed
improvement in net returns from events that will have been as a
result of the efficient execution of analysis of financial records
objective. This deliverable will also be achievable through
efficient use of company’s financial and human resources as
stated earlier. Another deliverable will be the increase in
number of our clients contacting .This will come to pass if the
strategies put in place yield results which will be observed
through comparison with previous customers choosing our
company. In addition to this, another major deliverable will be
regularly positive feedback from most if not all of our serviced
consumers. This will be a reflection of our quality customer
service from their experiences.
The implementation of the strategies and overall plan will
3. require a timeline to ensure accomplishment. Depending on the
number of jobs the company will be assigned per month, the
financial planning should commence immediately since
financial records are readily available. Within the first week of
the strategy activities, the financial analysis should be
complete. With regards to improving the departmental
functions in terms of employee activities, training programs
should be availed to the necessary employees within the first
two weeks after knowledge of their perceptions in the working
environment. Training might take a considerable amount of time
hence the need to ensure the deadline of two weeks is met. This
will help in evaluating whether the training was effective after
the first few jobs following the program implementation. The
attitudes of consumers can be assessed within the first
consecutive three events. This process will be continuous as
work is conducted and will be given a deadline of the first three
events to acknowledge what the consumers prefer and what
should be changed by then. This will ultimately depend upon
how fast these jobs are completed and when they are available
to the company.
The first thing a couple should consider is their wedding budget
months before the wedding (Callaway, 2007). The same way a
wedding requires vigorous planning, as T ‘N’ T Event Planners,
we should take into consideration our budget for the whole plan.
There are many strategies to be implemented that need
financing. Through analysis of our financial records, we can be
able to estimate a reasonable budget that is within our
capabilities. Another factor to consider is the fact that rushing
strategies of the project ultimately increase cost of the project,
(Gray & Lawson, 2005). After consideration of these factors,
the estimate budget is approximately USD. 10,000. The major
staffing resourced needed are the training instructors to carry
out the training exercise. A panel of researchers is also needed
to carry out the research and obtain the relevant information on
perceptions of both the employees and customers. Non staffing
4. resources will include financial assets and financial leverage if
need be.
The greatest challenge that faces this project is the risk of
dishonest responses from the employees and consumers during
their attitude and perception analysis. Erroneous data occurring
from this may result in failure of one of the major goals of
improving customer satisfaction in order to get more consumers.
It may also lead to inefficiency of company activities if there is
lack of enhancement in employee undertakings. This task can be
tamed through encouragement of honesty from both parties to
be as honest as possible in their responses by taking a positive
approach throughout the survey process.
References
Callaway, N. (2007). Easy wedding budget worksheet.
Gray, C. F. & Lawson, E. W. (2005). Project management: The
managerial process.
Ozkan, N. (2015). From a Cloudy View Towards a More
Structured Approach for Business
· Project Schedule
Due Week 10 and worth 150 points
This assignment consists of two (2) parts: a project schedule,
and a written response. You must submit both parts as separate
files for the completion of this assignment. Label each file name
according to the part of the assignment it is written for.
Part A: Project Schedule
(Submit as one [1] Microsoft Project file)
1. In Assignment 2, you developed a project plan. Now, using
the information from your project proposal, create a multi-level
work breakdown structure (WBS) and detailed project schedule.
Your project must include the following criteria:
1. The project must consist of at least twenty-five (25) tasks.
1. Each task must contain a start date, a finish date, and have
main staffing and non-staffing resources assigned.
5. 1. Assume that your work activities are completed during
normal weekdays (no weekend work) under normal conditions
(8 hours per day).
1. In terms of holidays, you can assume no work will be done
the following days: New Year’s Day, President’s Day, Good
Friday, Good Monday, Friday before Memorial Day, Memorial
Day, the business day before Independence Day, Independence
Day, the Friday before Labor Day, Labor Day, the day before
Thanksgiving Day, Thanksgiving Day, Black Friday (day after
Thanksgiving), the business day before Christmas, Christmas
Day, the business day after Christmas Day, and New Year’s
Eve.
Part B: Written Response
(Submit as a Microsoft Word file)
Write a one to two (1-2) page response in which you:
. Analyze your project in terms of project completion, critical
path, and slack / float. Specifically, be sure to answer the
following:
2. When will the project be completed?
2. What is the critical path for the project?
2. How much slack / float is in your project? What activities
have the greatest slack / float?
. Summarize the recommendations or improvements you would
make to your project schedule. Specifically, be sure to answer
the following:
3. Identify the top three (3) activities that you believe could
impact the project completion date.
3. What additional activities would you add to this project to
make it more complete, from a project management viewpoint?
. Format your assignment according to the following formatting
requirements:
4. Typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides.
4. Include a cover page containing the title of the assignment,
the student’s name, the professor’s name, the course title, and
the date. The cover page is not included in the required page
6. length.
Grading for this assignment will be based on answer quality,
logic/organization of the paper, and language and writing skills,
using the following rubric.
Points: 150
Assignment 4: Project Schedule
Criteria
Unacceptable
Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
Part A: Project Schedule
1a. Using the information from your project proposal, create a
multi-level work breakdown structure (WBS) and detailed
project schedule which addresses the stated criteria.
Weight: 55%
Did not submit or incompletely created a multi-level work
breakdown structure (WBS) and detailed project schedule which
addresses the stated criteria.
Insufficiently created a multi-level work breakdown structure
(WBS) and detailed project schedule which addresses the stated
criteria.
Partially created a multi-level work breakdown structure (WBS)
and detailed project schedule which addresses the stated
criteria.
Satisfactorily created a multi-level work breakdown structure
7. (WBS) and detailed project schedule which addresses the stated
criteria.
Thoroughly created a multi-level work breakdown structure
(WBS) and detailed project schedule which addresses the stated
criteria.
Part B: Written Response
1b. Analyze your project in terms of project completion, critical
path, and slack / float.
Weight: 20%
Did not submit or incompletely analyzed your project in terms
of project completion, critical path, and slack / float.
Insufficiently analyzed your project in terms of project
completion, critical path, and slack / float.
Partially analyzed your project in terms of project completion,
critical path, and slack / float.
Satisfactorily analyzed your project in terms of project
completion, critical path, and slack / float.
Thoroughly analyzed your project in terms of project
completion, critical path, and slack / float.
2b. Summarize the recommendations or improvements you
would make to your project schedule.
Weight: 20%
Did not submit or incompletely summarized the recommend-
ations or improvements you would make to your project
schedule.
Insufficiently summarized the recommend-ations or
improvements you would make to your project schedule.
Partially summarized the recommend-ations or improvements
you would make to your project schedule.
Satisfactorily summarized the recommend-ations or
improvements you would make to your project schedule.
Thoroughly summarized the recommend-ations or improvements
you would make to your project schedule.
3b. Clarity, writing mechanics, and formatting.
Weight: 5%
More than 8 errors present