Kingston-Bryce Limited Business Project

Running head: BUSINESS PROJECT MANAGEMENT
BUSINESS PROJECT MANAGEMENT
Name of the Student
Name of the University
Author Note:

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Table of Contents
Introduction..........................................................................................................................2
Task and Milestone..............................................................................................................2
Project Description..............................................................................................................3
Key Stakeholders.................................................................................................................3
Timeline for Project.............................................................................................................5
Conclusion...........................................................................................................................5
References............................................................................................................................7

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Introduction
The following report is all about Kingston-Bryce Limited, which is known to be a custom
furniture manufacturer. This particular firm is very much specialized in hand-crafted dining
room tables (Kerzner, 2017). Board of directors of this firm has identified an option needed to
purchase a competitor who is also specialized in customer furniture.
The coming pages of report deals with task and milestone needed for success of project.
The next section provides an overview regarding project description, key stakeholders and
timeline of project.
Task and Milestone
Task and Milestone Details
Understanding market growth and services Most of the leader start the evaluation of
acquisition by identification of growth
opportunities in business.
Identification of merger and acquisition Identification of merger or acquisition
candidate which can meet financial growth.
Analyzing strategic financial decision Financial and credit position regarding target
and combination of entities. It is based on
usage and forecast steps.
Making a no-go decision This manufacturing organization needs to
have pros and cons of acquisition.
Conducting valuation It is all about analyzing value of target and
identification of alternatives (Meredith,

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Mantel Jr & Shafer, 2017).
Performing an executable transaction Leader of this acquiring organization need to
provide complete and comprehensive target
identity for understanding the problem and
opportunities.
Monitoring ongoing performance A proper acquisition requires the involvement
of two organization which will help in
maximizing the strategic value.
Project Description
The following project highlights Kingston-Bryce Limited (KBL), which is known to be
custom furniture manufacturer. The organization is specialized in manufacturing hand-crafted
dining room tables. The company has come up with a plan to acquire a competitor which will
help in expansion of operation (Heagney, 2016). It is expected that around 18 months’ time will
be required for completing the major milestone. In order to have successful acquisition, there is
need for suitable project management skills for overall success. Acquisition can be stated as
when an organization makes purchase of other firm shares. It merely helps in getting control of
that company (Binder, 2016). If the purchase is made more than 50% stock then will allow the
acquirer to make decision about the acquired assets.
Key Stakeholders
The duty of executive team members is to satisfy and provide balance the demand of
various parties. Some of the key stakeholders of this manufacturing company are

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Customers: Without customers, this manufacturing organization cannot survive at all. In
most of the situation, the customer needs are kept at very first. The customer will make a choice
regarding the business to competitor which is important for innovation (Martens & Carvalho,
2017). The mere focus is all about offering products and value for money.
Employees: These are one who create and provides required products or service which
the consumer consume. Some of the best employees of this organization will suffer due to
acquisition, so individual need to look after them (Kivilä, Martinsuo & Vuorinen, 2017). If this
manufacturing firm wants to draw and retaining talent at various level then there is a need for
offering them will attractive terms and conditions.
Shareholders: They come up with their own company. They come up with seed capital
which is needed for getting started so that their needs are vital. (Meredith, Mantel Jr & Shafer,
2017). They are broadly defined on plans with respect to revenue and profit so that shareholders
are completely satisfied.
Local Community: The organization wants good citizen and healthy association with the
local community (Kerzner, 2017). They only want employer who provide good place for
working. It is very much important to lower the priority as stated above.
Supplier and Distributor: There is need for collaboration with the partners so that they
can run their business. The suppliers and distributors lack most of the important essential skills
need for building a long-term relationship (Heagney, 2016). In addition, the partners come up
agenda which can be replaced by better partners.

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Timeline for Project
Fig 1: Timeline for Merging Two Organization
(Source: Created By Author)
Conclusion
The above pages help us in concluding to the point that the report is all about Kingston-
Bryce Limited. It is all about acquisition of the competitor, which will help in expanding the
operations. It is expected that around 18 months will be needed for completing the acquisition.
For a successful acquisition, a list of project management skills is used. The report completely
outline all the required documents needed for the task and milestone of project. It is expected

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that the project will take around 18 months for its completing. Most of the milestones are broken
down by quarters.

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References
Binder, J. (2016). Global project management: communication, collaboration and management
across borders. Routledge.
Heagney, J. (2016). Fundamentals of project management. Amacom.
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to measuring
and monitoring project performance. John Wiley & Sons.
Kivilä, J., Martinsuo, M., & Vuorinen, L. (2017). Sustainable project management through
project control in infrastructure projects. International Journal of Project
Management, 35(6), 1167-1183.
Martens, M. L., & Carvalho, M. M. (2017). Key factors of sustainability in project management
context: A survey exploring the project managers' perspective. International Journal of
Project Management, 35(6), 1084-1102.
Meredith, J. R., Mantel Jr, S. J., & Shafer, S. M. (2017). Project management: a managerial
approach. John Wiley & Sons.