Market Extension For New Plant Construction In Act, Australia

Managing a project requires proper skill and knowledge in the use of control systems for effectively achieving the required goals. This study deals with managing a project for the Queensland Food Corp that deals with the provision of ice-cream, yogurt, bottled water, and fruit juice.

Running Head: Market Extension For New Plant Construction In Act, Australia
MARKET EXTENSION FOR NEW PLANT CONSTRUCTION
IN ACT, AUSTRALIA

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Market Extension For New Plant Construction In Act, Australia
Table of Contents
Introduction................................................................................................................................2
Project Overview........................................................................................................................2
Budget and Activity Allocations................................................................................................2
Requirements Breakdown Structure...........................................................................................4
Work Breakdown Structure........................................................................................................4
Scheduling based on dependencies, constraints, deadlines, and calendars overview................6
Monitoring and Controlling Projects Overview.........................................................................6
Closing Projects Overview.........................................................................................................6
Conclusion..................................................................................................................................7
Reference List............................................................................................................................8

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Market Extension For New Plant Construction In Act, Australia
Introduction
Managing a project requires proper skill and knowledge in the use of control systems for
effectively achieving the required goals. This study deals with managing a project for the
Queensland Food Corp that deals with the provision of ice-cream, yogurt, bottled water, and
fruit juice.
Project Overview
The prime goal and objective of constructing a new product development plant is the need to
provide high-end products and services to customers within low budget allocations. The
problem due to which the study has been conducted includes the issues of lower profits and
sales than expected. The Queensland Food Corp has an opportunity to develop a new
production plant in order to improve their sales and thus this study is highly significant to
present the necessary plans. Being able to deliver high-quality products can help to keep
stable revenue and sales whereas the low budget allocations can also help to gain high
financial assets (Slack & Brandon-Jones, 2018). The success criteria of the project include an
increase in the profits of the brand and stakeholder satisfaction. Being able to complete the
project at low costs, scope and time-frame can allow increased success of the production
plant.
The prime assumptions include a variety of risks that may occur while developing the project.
These risks may include issues such as resistance from locals while developing the company
and negative effects on the health of locals during production. The proper use of
communication and presenting the benefits of the development can help to deal with
resistances from the locals. Additionally, the proper utilisation of waste management
processes and treatment of exhausts can be beneficial in preventing major negative impacts
on the health conditions of the local population. Another risk includes the allocation of higher
than required budget values thus leading to increased unnecessary losses. This can be
prevented by conducting a proper cost evaluation.
Budget and Activity Allocations
A budget value of $8.0 million was allocated by the senior-management committee of the
Queensland Food Corp for 11 projects under consideration. The development of a new
production plant in areas such as Tasmania or Victoria required a high budget value and thus

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Market Extension For New Plant Construction In Act, Australia
the costs can be estimated based on the activities required for the development. The various
activities involved are as follows:
● Tasmania had a population of 477300 people whereas Victoria had a population of
4963000 in the year 2003 (Abs.gov.au, 2019). Therefore, the higher population of
Victoria indicates better opportunities to gain more customers.
● Using a new business venture entry mode will be more effective in ensuring full
access to provide services at the location (De Villa, Rajwani& Lawton, 2015).
● Various other activities involved include setting up the production plant, procuring
equipment and raw materials, planning process, risk assessment, project scheduling,
and monitoring.
The required budget values are as follows:
Activity Costs in AUD
Setting up the production plant 50,000
Procuring equipment 20,000
Procuring raw materials 15,000
Planning process 5,000
Project Scheduling and Monitoring 10,000
Additional costs 20,000
Table 1: Budgets
(Source: Created by Author)
Based on the above table, a total allocation of $1, 20,000 AUD can be effective to ensure
proper accomplishment of the project. Additionally, it can also help to develop other projects
within the total allowed expenditure of $8.0 million budget values.

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Market Extension For New Plant Construction In Act, Australia
Figure 1:Ganttchart
(Source: Created by Author)
Requirements Breakdown Structure
Requirement breakdown structure deals with presenting various required materials for
conducting a certain complex project (Joslin & Müller, 2015). Requirement breakdown
structure is a type of hierarchical description which is required to be presented for delivering
the business value as expected by the appointed project manager. It includes different
hierarchical structures that includes functions, sub functions, processes, activities as well as
features.
Work Breakdown Structure

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Market Extension For New Plant Construction In Act, Australia
Figure 2: Work Breakdown Structure of the project

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Market Extension For New Plant Construction In Act, Australia
(Source: Created by Author)
The work breakdown structure presented above has been created with the use of MS project.
The decomposition technique has been used here in order to break the activities into smaller
groups to ensure easier management and presentation of the processes conducted. The detail
tasks deal with the lowest levels of tasks in the presented schedule. Therefore, procuring
equipments, raw materials and the allocation of labours can be stated as the detailed tasks. On
the other hand, the summary tasks deal with the primary tasks that need to be conducted. This
includes compliance with legal procedures and the allocation of project planners. The
milestones that need to be completed includes being able to procure equipments and raw
materials within the timeframes of 10 days and 6 days respectively. Other milestones include
allocating planners within 15 days and conducting planning and scheduling processes within
the time-frame of 15 and 12 days respectively.
Scheduling based on dependencies, constraints, deadlines, and calendars overview
Scheduling is the process that mainly includes the process, arranging along with controlling
and optimising the work of the production process that are directly associated with the project
(Hornstein, 2015). The dependencies are the factors that are directly associated with the
project constraints along with other factors that might influence the project variables. The
cost of the project is around $ 8.0 million AUD for which the deadlines are required to be met
or else the cost might increase with increase in time.
Monitoring and Controlling Projects Overview
Monitoring is the procedure that associates along with different other factors that might
hamper the total process of monitoring as well as controlling (Todorovićet al. 2015).
Controlling the procedure is associated with the project constraints that mainly helps in
dealing with different other factors which includes the process of monitoring as well as
controlling. The dependencies are the factors that are directly related to the project constraints
together with alternative factors that may influence the project variables.
Closing Projects Overview
At the time of closing of the project, the overview is required to be maintained along with
certain activities that are required for the ascertainment of the project constraints. Certain

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Market Extension For New Plant Construction In Act, Australia
things may arise throughout managing of the project which incorporates the documented of
all demand on that comes has been enclosed for various vital departures (Badewi, 2016). The
event of a replacement production plant in areas like Tasmania or Victoria needed a high
budget worth and so the prices is calculable supported the activities required for the
development. Having the ability to deliver high-quality product can facilitate to stay stable
revenue and sales whereas the low budget allocations may help to achieve high monetary
assets.
Conclusion
From the above mentioned study, it can be concluded that project management is useful in
managing a project needs correct ability and information within the use of management
systems for effectively achieving the specified goals. Employing a new business venture
entry mode are more practical in guaranteeing full access to produce services at the situation.

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Market Extension For New Plant Construction In Act, Australia
Reference List
Abs.gov.au, (2019) 3311.6.55.001 - Demography, Tasmania, 2003 Retrieved on 06.06.2019
Retrived from
https://www.abs.gov.au/AUSSTATS/abs@.nsf/allprimarymainfeatures/4C7D76C07A5BECB
9CA25711500712E7E?opendocument
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.Retrieved on
05.06.2019 Retrieved from http://www.academia.edu/download/39254205/1-s2.0-
S0263786315001027-main.pdf
De Villa, M. A., Rajwani, T., & Lawton, T. (2015). Market entry modes in a multipolar
world: Untangling the moderating effect of the political environment. International Business
Review, 24(3), 419-429.Retrieved on 06.06.2019 Retrieved from
http://www.academia.edu/download/39067130/ibr_article_in_press.pdf
Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2), 291-
298.Retrieved on 05.06.2019 Retrieved from
https://fenix.tecnico.ulisboa.pt/downloadFile/845043405428940/13%20The%20integration
%20of%20project%20management%20and%20organizational%20change.pdf
Joslin, R., & Müller, R. (2015). Relationships between a project management methodology
and project success in different project governance contexts. International Journal of Project
Management, 33(6), 1377-1392.Retrieved on 05.06.2019 Retrieved from
https://paperdownload.me/wp-content/uploads/2017/12/6284-relationships-project-
management-methodology-project-success-project-governance-contexts.pdf
Slack, N., & Brandon-Jones, A. (2018). Operations and process management: principles and
practice for strategic impact. London: Pearson UK.Retrieved on 05.06.2019 Retrieved from
https://books.google.co.uk/books?
hl=en&lr=&id=vA5MDwAAQBAJ&oi=fnd&pg=PT11&dq=deliver+high-
quality+products+can+help+to+keep+stable+revenue+&ots=F0XNHAKh1b&sig=PaUE51_9
wJVMaDbXWQhXZL1hsGs
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., &Bushuyev, S. D. (2015).
Project success analysis framework: A knowledge-based approach in project

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Market Extension For New Plant Construction In Act, Australia
management. International Journal of Project Management, 33(4), 772-783.Retrieved on
05.06.2019 Retrieved from
https://pdfs.semanticscholar.org/c9b4/6f6e96e61dcca438d2fc4e896d77305b86b0.pdf