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Project Management: Operational Plan, Business Strategies, Performance Criteria, Timeframes, Budgets, Responsibilities, Resources, Policies and Procedures

   

Added on  2022-11-22

17 Pages3245 Words338 Views
Running head: PROJECT MANAGEMENT
Project Management
Name of the student
Name of the university
Author Note:

2
PROJECT MANAGEMENT
Table of Contents
Part A.........................................................................................................................................4
Operational Plan.....................................................................................................................4
Business Strategies.................................................................................................................4
Performance criteria...............................................................................................................6
Timeframes............................................................................................................................6
Table No 1: Timeframe of the Restaurant expansion project................................................7
Gantt chart..............................................................................................................................7
Figure No 1: Gantt chart........................................................................................................7
Budgets...................................................................................................................................8
Table No 2: Budget of the Restaurant expansion project......................................................8
Responsibilities......................................................................................................................8
Resources...............................................................................................................................9
Policies and Procedures..............................................................................................................9
Recruitment............................................................................................................................9
Acquiring Physical resources/services.................................................................................10
Protecting organizational intellectual property....................................................................10
Part B........................................................................................................................................10
Meeting Plan............................................................................................................................10
Explanation and discussion of operational plan in detail.....................................................10
Allocation of responsibilities for 2 different strategies outlined within the plan.................11

3
PROJECT MANAGEMENT
Instruction of mentor and person to whom responsibility is allocated................................11
Training of the staff under........................................................................................................12
Recruitment..........................................................................................................................12
Resource Allocation.............................................................................................................12
Table No 3: Resource Allocation of the Restaurant expansion project...............................12
Intellectual property.............................................................................................................13
Preparation of Session..........................................................................................................13
Meeting Context...................................................................................................................13
Things of Consideration while performing the task.............................................................13
Things to consider while playing the role of an employee..................................................13
Part C........................................................................................................................................14
Detailed Report........................................................................................................................14
Type of information required to determine the effectiveness of the business strategy........14
Profitability and productivity outcomes of each strategy....................................................14
Areas of underperformance..................................................................................................14
Improvements that are appropriate to ensure the viability of operational plan....................14
Process to implement the changes........................................................................................14
References................................................................................................................................16

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PROJECT MANAGEMENT
Part A
Operational Plan
The operational plan of any project is the detailed planning that helps in the
providence of a clear and transparent picture of the way a team will be using the available
resources and contribute to the achievement of the business goals. The operational plans will
select the likes of the operational plans of the Traditional Home Style Restaurant which is
a start-up restaurant that has been aiming to provide the necessary food and service to the
customers and the food lovers1. The operational plan of the restaurant has considered the
strategies of the restaurant, the criterion of the performance of the company along with the
time schedule and budget allocated for the completion of the project.
Business Strategies
The change in the landscape of the business approach of the restaurant owners has
been the new trend. The increase in the use of the advance technology has been the major
changes in the recent times. The rejection of the traditional methods is being adopted by most
of the restaurants. The management of Traditional Home Style Restaurant has started to
take the advantage of using the digital and social media technology that has been helpful for
the organization to ensure success2. The restaurant which specializes in continental and
Chinese dishes faces tremendous competition from a number of selected restaurants of the
country. The management of the restaurant has selected some specific strategies that can help
1 Kerzner, Harold. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons, 2017.
2 Meredith, Jack R., Samuel J. Mantel Jr, and Scott M. Shafer. Project management: a
managerial approach. John Wiley & Sons, 2017.

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