Project Management Plan for Establishment of a New Business

Do format this document professionally because it serves as a communication tool throughout the
life of the project, and may also be serving as your main "selling" tool with the sponsor and other
stakeholders. So use MS Word styles, header and footers, a cover page, a table of contents, and so
on. And of course, be sure to remove the italic text that currently exists throughout this document.
<Establishment of a new business>
PROJECT MANAGEMENT PLAN
Version <1.0>
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1 INTRODUCTION
1.1 PURPOSE OF THIS PROJECT MANAGEMENT PLAN
The project management plan is one of the formal as well as approved document that is
mainly used for managing the execution of the project. The project management plan is mainly
created so that it can documents all the important actions that are generally helpful in preparing,
integrating as well as coordinating different types of project planning activities. It also helps in
reflecting steps that showcases how the entire project is executed, monitored as well as properly
controlled.
1.2 PROJECT GOAL
The main goal of the project is to establish a new business of various types customized
products including the mugs, t-shirts as well as mobile covers. Moreover, the business also aims to
set up a new website in the business of the organization so that they can be able to reach to the
customers easily.
1.3 KEY ASSUMPTIONS/CONSTRAINTS
Assumptions
 The business establishment will get done in 63 days
 The utilized budget for establishing new business will be around $100,000
 The team members will get successfully involved within project for accomplishing the
objectives
Constraints
 The utilization of inappropriate risk management tools does not determine the risks properly
that would further impact the project negatively
 The business should be established within 63 days otherwise the project will face delays that
will further increase the budget of the organization

2 SCOPE MANAGEMENT
Quality management
The quality of the hardware/software should be maintained while setting up a new business
by following all the quality standards so that the project does not face any type of quality related
challenges in the project. In addition to this, the quality of the project should be checked on regular
basis for ensuring that the project is not compromising quality.
Work breakdown Structure
Establishment of Start Up
Business
Office Space Selection
Specify Requirements
of the Warehouse
Review Various
Sites for Office
Space
Select a Site for the
Office Space
Contract
Negotiations with
the Site Owner
Finalise Contract
Warehouse Selection
Specify Requirements
of the Warehouse
Select a Warehouse
Building
Sign Contract for
Renting of the
Warehouse
Website Development
Requirement
Gathering and
Analysis
Hire Developers
Prepare List of
Hardw are Required
Prepare List of
Software Required
Procurement of
Hardw are and
Software
Installation of
Hardw are
Installation of
Software
Install Website
Development
Platform
Develop the
Website as Per
Specifications
Testing and
Handover
Sign Off
Figure 1: Work breakdown Structure
(Source: Created by Author)

Summary of resources for each project task
Figure 2: Resources linked with each activity
(Source: Created by Author)

Summary of cost for each task
Figure 3: Cost linked with each activity
(Source: Created by Author)