Project Management Plan

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Marks & Spencer (M&S)
Australia
Project Management Plan
5/23/2019

Project Management Plan
Table of Contents
Introduction............................................................................................................... 2
Phase 1..................................................................................................................... 2
Post...................................................................................................................... 2
Response............................................................................................................... 2
Project Management Plan.............................................................................................. 3
Project Background.................................................................................................. 3
Project Aims & Objectives......................................................................................... 3
Project Scope.......................................................................................................... 3
Project Schedule...................................................................................................... 5
Milestone Schedule............................................................................................... 5
Gantt chart.......................................................................................................... 6
Project Costs.......................................................................................................... 7
Managing Project Teams.......................................................................................... 13
Project Risks........................................................................................................ 16
Project Communications.......................................................................................... 18
Performance Monitoring.......................................................................................... 18
Conclusion.............................................................................................................. 18
References.............................................................................................................. 19
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Project Management Plan
Introduction
M&S is a brand that is from the fashion and clothing domain and the customer expectations
and demands in this sector keep on changing at a rapid scale. The project includes the
activities that will be conducted to open material store of M&S in Australia. There will be
various activities that will be included in order to open the store in Australia. The report
covers a post and the response followed by the project management plan.
Phase 1
Post
The project involves the opening of a new Marks & Spencer store in Australia so that it may
mark global presence. There are several risks associated with the project and the primary risk
is the changing market dynamics. M&S is a brand that is from the fashion and clothing
domain and the customer expectations and demands in this sector keep on changing at a rapid
scale. By the time the store is constructed and is opened for the customers, there is a
probability that the customer trends and patterns will change. In such a scenario, the company
will not be able to experience the expected returns and outcomes. Also, it will not be possible
to achieve the determined benefits and profits. The market risks are therefore, one of the
primary risk areas that may appear and it will be essential to make sure that the in-depth
market analysis is done to avoid these risks.
Response
The risk that is highlighted in the forum post is one of the major concerns that may be
observed. This is because the market is dynamic and the demand cycle may shift by the time
the store is opened. There is also threat of competitors and new entrants that may have an
impact on the customer demands and requirements. However, there are other risks associated
with the market aspect apart from the customers and their demands. The suppliers will also be
affected in the case of the occurrence of such a risk. This is because the demand and supply
cycle will take a toll on the supplies and the supplier network of M&S will suffer poorly in
this case. Therefore, it will be essential for the organization to make sure that it keeps a track
of the market and carries out predictions.
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Project Management Plan
Project Management Plan
Project Background
Marks & Spencer (M&S) is a brand that primarily deals in clothing and also has its presence
in food and home décor areas. The company is a British multinational organization and has a
limited presence in Australia. The project includes the activities that will be conducted to
open material store of M&S in Australia. There will be various activities that will be included
in order to open the store in Australia. These will include planning, analysis, communication
& networking, marketing, construction, and several other activities.
Project Aims & Objectives
The aim of the project is to successfully conduct the research and analysis to open material
store of M&S in Australia.
The objectives of the project include the completion of all the project tasks and activities on
time and within the estimated budget. The objective is to open the M&S store in Australia so
that it can provide enhanced profits and revenues (Joslin and Muller, 2015).
Project Scope
There will be a number of activities that will come under the scope of the project.
The activities that will be included in the project scope are listed below.
 The first phase of the project will be starting a Retail Business and the following
activities will come under the scope of this phase.
o Determination of the sources of funding and planning of project areas
o Development of a detailed budget for the project
o Development of a detailed schedule for the project
 The second phase in the project will be Design & Construction Phase and the
activities that the project team members will execute in this phase will be
o Design & Construction of the Secure Offices
o Design, Construction, and Fittings of the Bathrooms
o Design & Construction of the Cashier Counters
o Design & Construction of the Customer Service Area (Wearne, 2014)
o Design & Construction of the Employee Area
o Design & Construction of the Secure Storeroom
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