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Project Development for Strategic Management TASK 5.2

   

Added on  2023-04-22

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Project Development for
Strategic Management
TASK 5.2
Project Development for Strategic Management TASK 5.2_1

INTRODUCTION
Introduction:
Project management is a complex set of components which have be
completed in systematic way to create a product or service.
Project management is important because of several reasons such as
managing risk, quality, integration of different activities, managing changes,
resolving the conflicts etc.
Name of this product is Premium Allure Soap and it is a new product of
Proctor and Gamble (P&G).
The objectives that will cover under the present study are project
specification, plan for launching of new product, implementation of action
plan and evaluation of outcomes.
Project Development for Strategic Management TASK 5.2_2

Factors that contribute to the process of project
selection
There are different factors have considered during selection of
launching of Allure Soap of P&G.
The intention of a company behind launching of this product in UK
is expanding the business and taking competitive advantages
(Larson and Gray, 2011).
In this context, the elements of project selection are as follows.
Political factor
Marketing factor
Economic factors
Technology factor
Project Development for Strategic Management TASK 5.2_3

Project Specification
Specifications Explanation
Project Objective To change the perception of customers regarding beauty soap and expand the business in
different areas of UK.
Cost £45, 000
Time scale 4 months
Required resources Human resources: Sales assistant, In store launch manager, logistic manager and
Marketing manager
Financial resources: Credit from market, retain earning and bank loan
Technology resources: Different digital and traditional marketing tools.
Project Development for Strategic Management TASK 5.2_4

Timescale for the project plan
Table 1: Gantt chart
Gantt chart for Allure Soap launch project
Activities / Duration in months First Second Third Fourth
Initial planning
Pre- launch strategy
Launch
Post- launch
Project Development for Strategic Management TASK 5.2_5

Resources required for this project
Human resources Technological resources Time
management
Financial
resources
Other resources
Sales assistant
In-store launch
manager
Advertiser
Media manager
Regional gate
keepers for allure
soap
Logistic manager
Marketing manager
Project manager
Computer system
Scanner and printer
Internet
Backup facilities
and other
machinery
4 months Bank loan
Retained
earnings
Sales of
unnecessary
assets of
past projects
Marketing
materials
Distribution
channels
Transportation
Project Development for Strategic Management TASK 5.2_6

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