Project and Risk Management

Running head: PROJECT MANAGEMENT
Project and Risk Management
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
Table of Contents
Section 1:.........................................................................................................................................2
1. Rationale and SMART objectives...........................................................................................2
Section 4:.........................................................................................................................................4
4. Project procurement management plan...................................................................................4
4.0 Introduction........................................................................................................................4
4.1 Procurement statement of work.........................................................................................5
4.2 Delivery from the vendor during and at end of the services they will perform.................7
4.3 Determine payment terms..................................................................................................8
4.4 List of duties expected from selected suppliers.................................................................8
4.5 Develop the selection criteria............................................................................................9
4.6 Identify potential suppliers and evaluate defined selection criteria.................................10
4.7 Ensure about decisions included project risks, enterprise environmental factors and
organizational assets..............................................................................................................10
Section 6: Project scope management plan including post implementation review......................11
6.1 Elaborate measures and mechanisms to ensure that the project remains in agreed scope
baseline......................................................................................................................................11
6.2 Determine key performance indicators to measure against the scope baseline...................12
6.3 KPI in balance scorecard framework...................................................................................13
6.4 Key deliverables of handover phase....................................................................................17

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References......................................................................................................................................20
Section 1:
1. Rationale and SMART objectives
The purpose of this project plan is to deliver online service as well as in-store pods for
the customers for designing the trainers and personalized trainers. The rationale behind selecting
this project plan topic is to provide “create your own trainers” service online as well as in-store.
The mission of Adidas is to lead sports brands in the world; therefore they come with
implementation of customized trainers for the shoe products. In order to direct the human
behavior as well as increase in efforts, the project goals are required to be more specific based on
the project plan. The strong brands of Adidas, premium products, global presence leads to
commitment towards innovation as well as customers can make it different from their
competitors and offer solid platform towards future growth. The areas in Adidas brands which
are identified as key to the sustainable growth including as:
 Establishment of Adidas as leading fitness as well as training brands
 Gaining of sales and market share in Adidas sport performance division
 Expanding of sport style of Adidas in faster fashion businesses
 Leading the sports industry into field of the customization plus interactivity
In order to increase its effort, SMART objectives set goals which are specific,
measurable, attainable, realistic along with timely. Based on the SMART objectives, Adidas

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should meet with following market and performance objectives by customization of trainers to
provide “create your own trainers” service online in addition to in-store.
Objectives Details of the SMART objectives
S- Specific  Selling of high quality sports products in online and in-store to take
advantage of effect of customized trainers
 Performing market research to find out what colors are in trends
 Gaining of competitive advantage of Adidas by offering of services
that the competitors are not provided
M- Measurable  By online service and in-store pods, Adidas achieves a return of 20%
on the capital by the month of August 2019
 To gain a market share of 25% for the sport shoes by February, 2020
 Selling of 35% of high quality of sports shoes as compared to last
year
 Raising the online service of Adidas and in-store by £5 million
A- Attainable  Increasing 200% of the selling of shoes of Adidas
 Increasing awareness among the customers as they can able to
customize the trainers
R- Realistic  Increase in consumption generated by customization of trainers:
shoe colour, logo colour and size, laces colour
T- Timed specific  Production of customized shoes by April, 2020

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Adidas decides to expand the market position by creating of online services and in-store
pods so that they become industry’s top products. The company strives to build higher brand
equity so that they can create an opportunity to sell their products and increase the revenue. The
customized products are in demand; therefore the company can create interest for the customers.
A proper market research is done so that the objectives are meeting on timely basis.
Section 4:
4. Project procurement management plan
4.0 Introduction
Fleming (2019) stated that the project procurement management plan is contained
processes required to purchase and acquire products and services required from outside of the
project team. The organization, Adidas will be either buyer or seller of products as well as
services. The plan included the list of the items which are procured and described what the
vendors are to be delivered during and at end of the services. The procurement payment terms
are also described which decides the terms of payment decides for the payment of goods and
services. When the supplier received the order, then payment terms and conditions apply to the
received invoices. The list of the suppliers and their duties are also summarized in the plan.
Selection criteria is provided for each suppliers based on which they are selected. The suppliers
take decisions regarding the project risks, environmental factors and organizational assets before
implementing this plan for Adidas project plan.
Project Title The project is for Adidas to provide a “create your own trainers”
service online and in-store

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Project Team Members Customer Service Manager
Sales Director
Purchasing Department Purchasing department contract #1
Contracts department contract #1
Project start date 1st March, 2019
The project manager provides and manages entire work with the
project team members to identify items which are required to
procure for successful project completion.
Process The project management office will review the list of procurement
items prior to submit it to contracts as well as the purchasing
department.
The purchasing and contract department would review the items,
determine advantages to buy the items, start selection of vendor and
purchase and contract processes.
4.1 Procurement statement of work
The project manager ensures that the plan is facilitated successful completion of the
project. They work with the project team, contracts and purchasing department to handle the
procurement activities (Papke-Shields and Boyer-Wright 2017). Following are the list of items
which are procured for submission of the contracts along with purchasing department and
develop the procurement statement of work such as:
List of items How to get them When to get
them
Procured by How much of
them needed to