Introduction Introduction of the report is The current research is based on new product launch project in which Nexus will play role of management consultant for Unilever which wants to introduce new product in new market. The project name is lunching of Aroma perfume of Unilever in UK market. Study focus on various factors and activities which are required for development and implementation of project: •Financial Factor •Marketing Factor •Technical Factors: •Cost •Time scale •Resources •Quality •Legislation •Target market
Activity in months123456 Generation of Idea Screening of different available options Evaluation of idea Analysis of Unilever business Marker research Implementation of idea Commercialization
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Critical Path Analysis Critical pathTotal duration for completing the project 3-4-7-8-9-10-11-13-14-15-16-17-21-23- 26-27-28-34 81
Measures to monitor project Monitoring and evaluation before implementation of project Monitoring and evaluation after implementation of project Work breakdown structure is one of the major tools for monitoring project.
Outcomes Various techniques such as Gantt chart, network diagram, etc shows that project is completed in decided time period. Proper allocation of resources Sometimes it take time to complete some activities due to lack of knowledge regarding the latest techniques Effective time management. Improved performance with decrease in data redundancy Proper management and maintenance of work. Effective working environment Learning opportunities for employees.
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Recommendations Train employees time to time so that they can enhance their knowledge. It needs to update its techniques for improving performance and working culture. Company needs to use various quality techniques for measuring the quality such as control charts, six sigma, etc. Proper scheduling of activities. There should be proper record of the activities with the start and finish time. Proper record of all the activities with their status, problems occurred, solutions applied for handling, starting time, etc.
References Boulmetis, J. and Dutwin, P., 2014.The ABCs of evaluation: Timeless techniques for program and project managers. John Wiley & Sons. Schwalbe, K., 2013.Information technology project management. Cengage Learning. Davenport, T.H., 2013.Process innovation: reengineering work through information technology. Harvard Business Press