This website uses cookies to ensure you have the best experience. Learn more

Mgmt 404 Project Management Essay

1021 words - 5 pages

DeVry University |
My BBQ Business Adventure
|
MGMT 404 Project Management |

Renita Allgood
6/24/2014
|

Table of Contents

1. Cover Page
2. Table of Contents
3. Project Charter
4. Scope Statement
5. Work Breakdown Structure
6. Network Diagram
7. Risk Management Plan
8. Resource Management Plan
9. Communication Management Plan

Project Charter

Project Name: My BBQ Restaurant Business Adventure
Project Number: 1
Project Manager: Renita Allgood
Owner(s) Renita Allgood and Terence Allgood
Start Date: 5/5/2014
Scheduled Completion Date:
6/26/2014

Mission/ Purpose:
Accomplish entrepreneur opportunity to invest in a personal ...view middle of the document...

High-Level Project Constraints:
Locations availability and cost, assuming there is alternative option to become a mobile Vendor. Additional equipment needed.

Exclusions and Boundaries:
Exceeding any budget
Needing Loans

Major Risks:
Ability to find a reasonable location due to size, cost and its needs.
Inadequate capital and funding risk for cost of salaries, food, and bills.
Demanding workload due to a wide range of duties to provide service.

KEY STAKEHOLDERS:
Renita Allgood
Terence Allgood

Project Core Team:
Renita Allgood
Terence Allgood

Network Diagram

Risk Management
Project Manager: Renita Allgood
Date: June 5, 2014
Risk Identification

1. Planning Risks: Inadequate time to plan, allocate resources and scheduling thoroughly for projects completions and budget parameters.
2. Vendor and Licensing delays: may take up to 6 weeks, this process is usually backed up with similar request because of the Ohio Department of Taxation process.
3. Securing adequate and cost convenient location: Requires decisions and financial security measures having adequate funding, assets, and equipment.
4. Land and building requirement delays: Passing of inspection and regulated requirements that often developmental planning and permissions are delayed.
5. Staffing Delays: Due to skills, commitments, and work delays due to under or under-expected productivity or lack of.
6. Inaccurate estimates: Nearing opening cost may fluctuate rising start-up cost causing budget problems that must happen in order to be prepared for opening.
7. Design and appearance: Cost, quality, and attraction abilities.
8. Menu and food supplies: needs, availability, and cost issues.
9. Repairs: Inspection and contractor delays.
10. Competition: Ability to attract customers, offer demands, and offer competitive prices for menu options.

b. Risk Assessment The following is an assessment of these risks in terms of the probability 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, sometimes its probability, and its sensitivity to change.

c. RISK SCORING MATRIX

d. RISK MANAGEMENT PLAN

e. Risk Response

f. First highest risk – Planning risk: Will present itself immediately once the start of a project and can come in the form of time, money, presence of individuals, actions of team members, and delays that may occur. These risks would initially be aimed towards the project managers and will quickly become the focus of attention if not handled to stay...

Other Papers Like Mgmt 404 Project Management

Mgmt 340 Wk6 Petries Electronic Cases

642 words - 3 pages MGMT 340 Chapter 10, 1-5 CH. 10: 1- Why don’t information systems projects work out as planned? What causes the differences between the plan and reality? The cold hard truth is that projects always look better on paper; this is because in the development phase they are still lacking the human element. When projects are actually implemented you have to consider laziness, incompetence, and level of knowledge. In short you have to account for

Mgmt 591: Leadership and Organizational Behavior Project Proposal

784 words - 4 pages may affect the company’s performance. Therefore, the preliminary researchable question it will be that what kind of problems they have regarding the diversity, how the management is handling this problem, training, etc. This topic it is related to our textbook TCO A & B. My project paper it will work towards researching and resolving this problem, according to the concepts that I am learning during my MGMT 591 course

Risk Management

1055 words - 5 pages assessments to reflect the monitored activities as achieved from the project progress assessment. References Heagney, J. (2011). Fundamentals of project management. AMACOM Div American Mgmt Assn. Kerzner, H. R. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Wheelwright, S. C. (2010). Managing New Product and Process Development: Text Cases. Simon and Schuster.

Pros of Sarbanes Oxley Act

1178 words - 5 pages audit partners on the audit engagement team from providing audit services for more than five or seven consecutive years, depending on the partner’s role in the audit. * Cooling off period- prohibits an accounting firm from auditing an issuer’s financial statements if certain members of the issuer’s management had been members of the audit engagement team within the one-year period preceding the commencement of audit procedures

Integration, Scope, Time & Communication

1408 words - 6 pages Individual Project 2 Individual Project 2 Project Mgmt: Integration, Scope, Time & Communication AIU Online The deadline for delivery of the final project to PROVISION (the updated and programmed Wand) is quickly approaching. In only 6 months all aspects must be complete and submitted, therefore, we will schedule an overview meeting for the project stakeholders in order to identify and meet their expectations. An immense amount of

Project Charter

1832 words - 8 pages 8/7/2015 PROJECT CHARTER ASSIGNMENT PROJECT WEDDING BELLS Rebecca Cole MGMT 5164 DR JOVICA RIZNIC ALGONQUIN COLLEGE Contents Section I......................................................................................................................................................... 2 Project Name

Project Managemnet

2004 words - 9 pages PROJECT--- * ACCORDING TO THE PROJECT MGMT. INSTITUTE USA A PROJECT IS AN ENDEAVOR TO ACOMPLISH A SPECIFIC OBJECTIVE THROUGH A UNIQUE SET OF INTERRELATED TASKS AND THE EFFECTIVE UTILISATION OF RESOURCES. * THE WORLD BANK HAS DEFINED PROJECT AS AN APPROVAL FOR A CAPITAL INVESTMENT TO DEVELOP FACILITIES TO PROVIDE GOODS AND SERVICES. * IT HAS A WELL DEFINED OBJECTIVE STATED IN TERMS OF SCOPE ,SCHEDULE, AND COSTS. * PROJECTS ARE

Reflection Paper

1222 words - 5 pages Managerial Leadership MGMT-4461 U00509040 DR. Tuberville University of Memphis March 26, 2015 Fitness and Leadership One, two, three, four, five; Oh my, I just cannot do anymore pushups. I’ve only done five and I have fifteen more to go. You know what, I think that is enough for today, I will finish them tomorrow. As a matter of fact, I think I’m going to finish my entire workout tomorrow, I have done enough for today. Well tomorrow

Real World Case Study, "Ecourier, Cablecom, and Bryan Cave."

605 words - 3 pages MGMT 221 1. Information technologies contributed to the business success of the companies depicted in the case as follows. eCourier: eCourier was dealing with the concern of losing customers to other couriers in a blink of an eye if there was anything the customer was not satisfied with. According the chief Technology officer and cofounder Jay Bregman, “ clients are more likely to take their business elsewhere than they are to report a

CIS 552 Final Exam

4673 words - 19 pages  Project Plan Project Name: Blazekewski Incorporated Information Technology Executive Prepared By: Name1 - Project Manager Title: Project Manager Date: Project Plan Approval Signatures Project Name: Project Management Improvement Project Manager _______________________________________ __________________ (Signature) (Date) Name1

Online Degree Paper

986 words - 4 pages certificates or trying to gain more knowledge in your area of expertise or employment, Drexel has the right certificate for you. * Business * Graduate Certificate in Construction Management * Graduate Certificate in Creativity and Innovation * Graduate Certificate in Engineering Management * Graduate Certificate in Gaming and Casino Operations * Graduate Certificate in Homeland Security Management * Graduate Certificate in

Related Essays

Project Basics Essay

868 words - 4 pages Required Estimated Start Date Duration Required FY05-06 Project Team Project Manager Lead team, report status Project Management 1 7/1/05 6 months Core Team Review deliverables, assure quality Project Management 4 9/1/05 4 months Content Developer Create framework content Research and web writing skills 1 9/1/05 4 months Web Designer Design web-based performance mgmt tool Web design, web writing skills 1 10/1/05 3 months Web Developer

Card 405 Rough Draft Portfolio Essay

1931 words - 8 pages . Prerequisite: BUSN115 / 3-3 MGMT 404 Project Management This course enhances students’ ability to function in a project leadership role. While exploring the project life cycle, they gain experience in budget and timeline management. Project management software is used to design project schedules using methods such as bar charts, program evaluation review technique (PERT) and critical path method (CPM) to produce project plans used to solve

Objectives Of Project Management Essay

1312 words - 6 pages Jones, L. 1982, ‘Measuring for Effective Time Management’, Education & Training, Vol.6, No.1, pp.189-192 Leopold, J., Karsten, L. 2003, ‘Guest Editorial: Time and Management’, Personnel Review, Vol.32, No.4, pp.403-404 Nogeste, K. & Walker, D.H.T. 2005, ‘Project Outcomes and Outputs: Making the Intangible Tangible’, Measuring Business Excellence, Vol.9, No.4, pp.55-68 Sanchez, A. M. & Soriano, D. R. 2011, ‘Human Resource

International Committee Of The Red Cross

1761 words - 8 pages (old school boys club) CURRENT CHALLENGES – greater diversity in mgmt ranks – more professionals, foreigners and women. NEW STRATEGIC PLAN (2007 -2010) – challenges to HRM. 3 mgmt priorities – 1. Multidisciplinary; 2. Greater accountability & 3. Increased efficiency thru’ results based management. Role of HQ? – Centralised or Decentralised? Policies & Procedures needed to be Standardised to achieve efficiency & operation coherence