Professional Development Experience Project Workbook and Review

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Added on  2023/06/12

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This document is a professional development project workbook focusing on the creation of an organic retail store in the UK. It includes sections on defining the project with SMART objectives, planning the project using Gantt charts, and understanding project context and stakeholders. The workbook also delves into project management concepts like the Iron Triangle and Deming's PDCA cycle, alongside monitoring progress, addressing challenges, and developing relevant skills. Personal reflections are included throughout, detailing what was learned and how it applies to the project, which aims to enhance revenue, increase customer satisfaction, and establish a strong brand image.
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Professional
Development
Experience (1)
Workbook
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Contents
Session 1: Introduction to Module:.......................................................................................................3
Session 2: Defining Your Project............................................................................................................5
Project Proposal:................................................................................................................................6
Session 3: Planning Your Project:...........................................................................................................7
Gantt Chart of Project Timeline:........................................................................................................8
Session 4: Project Proposal Submission Week.....................................................................................10
Session 5: Project Background: Context and Stakeholders..................................................................11
5.1: Project Research:......................................................................................................................11
Session 6: The Iron Triangle – Part 1....................................................................................................13
Session 7: The Iron Triangle – Part 2....................................................................................................14
Week 8: Monitoring Your Project........................................................................................................15
Week 9: Skills Development................................................................................................................16
Week 10: Monitoring Your Project......................................................................................................18
Week 11: Final Review of Your Project................................................................................................19
Week 12: Project Workbook Submission.............................................................................................20
References:..........................................................................................................................................20
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Session 1: Introduction to Module:
Think about the kind of project you would like to work on for this module. Make some notes in the
box below:
Proposing a business of organic retail store within the UK.
Personal Research:
Find a resource that discusses project management; put a link to it in the box below.
https://www.pmi.org/about/learn-about-pmi/what-is-project-management
What is the main point made in this resource?
The resource illustrates the significance of and the usage of project management as it requires
specific skills, knowledge, tools and techniques to deliver something that value a lot to people.
Personal Reflection:
What did we do?
Introducing proposed project.
Identify specific purpose of establishing the project.
The workbook is related to the new start up business.
What did I learn?
It helped me greatly to finish my project and make plans accordingly for each task.
How can I apply this to my project?
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The introduction part enable me to identify the purpose and main subject of the project where
I can create business plan appropriately. Through this, I can achieve my goals and objectives
effectually.
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Session 2: Defining Your Project
What do I want to do for my project?
I want to complete my business project by making the organic food items available at retail
store for the betterment of the society.
Where are you going to do your project?
I am going to establish my business within the UK.
What type of project is it going to be?
The business proposed by me is highly in demand within the market place as people nowadays
are more health conscious and hence requires organic food products.
How does it link to learning to date?
The business related to the learning as we have to educate themselves about the ways to
adopt certain changes to complete the project. For this, generating a clear vision and mission
is highly significant in order to prepare appropriate business plan.
Personal Research:
Find a resource that discusses S.M.A.R.T. objectives; put a link to it in the box below.
https://corporatefinanceinstitute.com/resources/knowledge/other/smart-goal/
What is the main point made in this resource?
The resource highly able to highlight the concepts related to the preparation of SMART goals
which help me in most efficient manner to fulfil my desires related to the project.
Personal Reflection:
What did we do?
We have done:
My project is regarding the organic retail store in UK.
Set aim and objectives and generate considerable revenue after pandemic situation.
Establishing business will be beneficial for the aged people as they are highly health
conscious specially after pandemic situation.
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Putting assessment deadlines where I decided to furnish my project in just few months
and launch it as well.
What did I learn?
I had learnt that by making SMART goals, I can track my progress record.
How can I apply this to my project?
I can implement smart goals within the project in order to assess limitations and benefits of
proposed business plan. Such objectives also enable me to cover my project deadlines.
Project Proposal:
Using the space below write your project proposal:
Project Aim: To start an organic food retailer store within the UK.
Project Objectives: (S.M.A.R.T.)
To enhance revenue of the firm through sales of organic food items.
To increase 15% net profit with the use of diversified channels to attract consumers.
To understand that the set objectives are achievable in limited time frame or not.
To measure the final result of organic food products business.
To strengthen customer satisfaction level by delivering quality products to build strong
brand image of the firm by end of the financial year.
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Session 3: Planning Your Project:
Using the Table below create a list of all the activities you believe you will need to achieve to
complete your project. Consider the order and duration each of the activities will take.
Sequenc
e
Activity Duration
1 Development of aim and objectives of the plan 10
2 Gather information 10
3 Brief project description 6
4 Identify market potential through research 20
5 Capital costs and sources of finances 15
6 Assessment of working capital requirements 5
7 Other financial aspects 5
8 Identification of economic and social variables 10
9 Delegation of roles and responsibilities 7
10 Resource distribution 7
11 Risk identification 10
12 Prepare back up plans 10
13 Review and feedback collection 5
14 Performance evaluation 10
15 Profit measurement 10
Using this list of activities and some appropriate software create a Gantt chart of your project’s
timeline.
Insert your completed Gantt chart on the page below:
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Gantt Chart of Project Timeline:
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Personal Research:
Find a resource that discusses using Gantt charts in project management; put a link to it in the
box below.
https://www.atlassian.com/agile/project-management/gantt-chart
What is the main point made in this resource?
In this resource majorly the meaning of Gantt chart has been discussed along with reasons due
to which the manager utilizes this specific tool.
Personal Reflection:
What did we do?
We created the Gantt chart with the help of specific tool.
What did I learn?
I had learnt:
Significance of preparing Gantt chart.
The ways to utilize the Gantt chart.
Create it with using Microsoft excel (Delisle, 2019).
How can I apply this to my project?
I can apply it by segregating the activities that needs to be fulfiled in order to complete the
project.
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Session 4: Project Proposal Submission Week
This week you need to ensure that you have:
Completed your proposed project activity plan in your workbook.
Completed your proposed project timeline on a Gantt chart.
Personal Research:
Find a resource that discusses project Stakeholders; put a link to it in the box below.
https://www.wrike.com/project-management-guide/faq/what-is-a-stakeholder-in-project-
management/
What is the main point made in this resource?
The resource highlights the meaning of stakeholder along with various internal and external
stakeholder uses within the project-management.
Personal Reflection:
What did we do?
Understood the topic stakeholders.
What did I learn?
The significance of different stakeholders within the project.
How can I apply this to my project?
This enables me to proposed effective business plan into action by identifying the role of
various stakeholders into consideration.
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