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Assignment on Sustainable Research- Natural Diet Mart
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Added on 2020-02-14
Assignment on Sustainable Research- Natural Diet Mart
Added on 2020-02-14
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PROJECT MANAGEMENT“Natural Diet Mart”
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1PROJECT OVERVIEW..................................................................................................................1STATEMENT OF THE PROBLEM...............................................................................................1PROJECT GOALS AND OBJECTIVES........................................................................................2PROJECT DELIVERABLE............................................................................................................2WORK BREAKDOWN STRUCTURE..........................................................................................2KEY PERSONNEL AND RESOURCES.......................................................................................6BUDGET.........................................................................................................................................6RISKS..............................................................................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONFeasibility study is an essential part of business units which assists in ensuring whetherthat project is technically feasible or not. Also, it determines the economic potential of project.To accomplish the objective, it is necessary to make effective use of resources in anorganization. Purpose of the present report is to develop a plan for opening a new small or mid-sized restaurant in India. Suggested name of this business is Natural Diet Mart (NDM).Assignment will focus on sustainable research for opening a new eating house and budget, risksas well as statements of the issues will also be covered in this report (Henley, Raffin andCaemmerer, 2011).PROJECT OVERVIEWIn the modern era, younger children are much more interested in fast food which affectstheir physical and mental health. Thus, it is required to open a new restaurant in India whichoffers healthy food to them so as to keep them fit. Objective of opening a new eating house is toattract people towards healthy diet and to make them aware about the benefits of hygienic food.Second purpose of business is to earn maximum profit by increasing the sales. Entrepreneur hasplanned to open a new restaurant named NDM. In addition, business has to utilize resourceseffectively so that establishment of the venture will become successful. STATEMENT OF THE PROBLEMCurrently, people have become more health conscious. They prefer consuming healthyand hygienic food. Indian people are much more health conscious as they suffer from issues suchas overweight, obesity, diabetes, etc. But, often they have to compromise on taste. Also,customers do not have enough options where they could have healthy food along with taste. Byopening a new restaurant in India, NDM will be able to attract consumers as basic agenda is toprovide healthy food that will also be delicious and tempting to them. All age groups needhealthy and tasty food. So, such hygienic food availability issue will be resolved easily byopening this restaurant. There is high scope of success of the business plan because fewercompetitors are present in this sector. From the shareholder’s point of view, purpose and agendaof company is unique so, definitely it will give maximum returns (Ries, 2011). Government andinvestors will rebelliously support such healthy food restaurant for safeguarding of lives and to1
earn higher returns.A hygienic food restaurant project will give higher returns to the owner.Employees, customers, government and investors are the major stakeholders in Natural dietMart. Company shall be able to establish its restaurant within 6 months and will start earningprofit in the coming next year. PROJECT GOALS AND OBJECTIVESNowadays, people are facing issues like overweight, obesity, diabetes, etc. due toexcessive intake of unhealthy food. It is a statistical fact that every 1 in 10 children is sufferingwith problem like depression, anxiety or mental disorder because of their wrong life style andunhygienic diet.GoalAim of the new food restaurant is to provide healthy, balanced and delicious food to allage group people to avoid future well-being issues (De Mel, McKenzie and Woodruff, 2014).ObjectivesTo reduce health issues of youngsters and children in IndiaTo increase sales of company by 40% in the coming next 2 years.To offer nutritious as well as delicious food to guests at lower cost.To recover the initial investment in coming 2-3 years.PROJECT DELIVERABLE The new Natural Diet Mart restaurant shall be able to fulfil the needs and requirementsof consumers by offering them healthy food. As it serves according to the demands so, NDMwill be able to earn more profit. Objective of company is to increase sales up to 40%. Thispurpose can easily be accomplished by the organization by serving hygienic food to public.Effective sales and good returns will be deliverable for this NDM project. As an outcome, entityshall be able to reduce occurring health problems of children to a great extent. People will beawarded for the benefits of nutrition and healthy diet. It is forecasted that NDM will be able torecover its initial investment in the upcoming 2-3 years. Increasing sales, high profits as well asenhanced level of production will assist in reduction of cost of the healthy food (Van Auken,2015). 2
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