Establishing a Business Named Desi Wedding in Sydney
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This paper discusses the establishment of a business called Desi Wedding in Sydney, providing wedding arrangement services in a desi style. It covers the business scenario, objectives, scope, requirements, capabilities, and benefits.
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Running head: PROJECT MANAGEMENT Establishing a business named “Desi Wedding” in Sydney Name of the Student Name of the University Author’s Note
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1 PROJECT MANAGEMENT Table of Contents 1. Introduction..................................................................................................................................2 2. Business scenario.........................................................................................................................2 2.1 Problem..................................................................................................................................2 2.2 Industry overview..................................................................................................................2 2.3 Project objectives using smart criteria...................................................................................3 2.4 Project scope..........................................................................................................................3 2.3 Requirements.........................................................................................................................4 2.4 Project capabilities and functionalities..................................................................................4 2.5. Project benefits.....................................................................................................................5 2.6. Exclusions.............................................................................................................................5 Bibliography....................................................................................................................................7
2 PROJECT MANAGEMENT 1. Introduction The paper mainly reflects on establishment of a business called “Desi wedding” in Sydney. The main aim of the business is to provide clients with wedding arrangement facility in a desi style with full service planning including vendors, venue as well as decoration. In order to establish the business, a new office needs to be purchased and proper infrastructure for the business needs to be arranged. The entire arrangement for the establishment of the business will be completed within 111days by utilizing budget of around $300,000. 2. Business scenario 2.1 Problem Presently there is no business that promotes desi wedding in Sydney and as result people have to struggle in order to make arrangement for the desi style of wedding. As the business concept of desi wedding is very much unique therefore establishment of the business in Sydney will be beneficial. Moreover, the business will be able to provide proper arrangement with full service to the clients in a very much cost effective way that will attract clients which willbe further helpful in enhancing the brand image of the business. 2.2 Industry overview The business of event planning will organize, execute as well as promote desi wedding events. Event planning is considered as one of the business that has very much lower barrier of entrance and thus the competition within the industry is very high. The business of event planning is mainly based on a unique concept “desi wedding” in order to competesuccessfully (Tucker, 2017).There are number of factors that are used by the business that helps in creating strong impact on the success of the event planning business. The wedding industry is mainly
3 PROJECT MANAGEMENT composed ofnumber of varieties of sub-group service establishment that generally work cooperatively for creating proper event of wedding. 2.3 Project objectives using smart criteria The objectives for establishing a business “Desi wedding” in Sydney by utilizing the smart criteria are generally elaborated below: Specific:The main objective is to establish a business named “desi wedding” in Sydney in order to provide the facility of event planning. Measurable:The business will be able to make proper arrangement in a desi style with full service planning including vendors, venue as well as decoration. Attainable:The goal of the project is attainable by making proper research on the demands as well as needs of the customers properly. Relevant:Proper arrangement of business infrastructure will be helpful in accomplishing the goals of the project effectively. Timely:The entire project must be completed successfully within the budget that is around 111 days. 2.4 Project scope The scope of the project is generally categorized into in-scope and out-scope. In-scope:The business of event planning that is established for providing the facility of desi wedding will take the initiative of venue decoration, makingarrangement for the catering services, ffinding proper location for the wedding ceremonyas well as for making proper arrangement of transportation facilityProper decorations of the venue in a desi style.
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4 PROJECT MANAGEMENT Out-scope:It is found that the business will not make Visa arrangement for the guests that are coming from overseas for attaining the ceremony. In addition to this, special consideration for any special person will not be allowed by the business. 2.3 Requirements The requirements that are needed for establishing the business named “desi wedding” in Sydney mainly includes proper development of business propositions, business infrastructures, as well as setting of project objectives and an arrangement for an office is required. Moreover, proper arrangement for computer as well as internet facility are also needed for successfully establishing the business (Muller 2015). 2.4 Project capabilities and functionalities The capabilities and functionalities of the business that is established for the arranging desi weddings in Sydney are mainly elaborated below: Proper arrangement for the wedding:Proper decoration as well as arrangement can be done successfully with the help of proper planning (Kerzner and Kerzner 2017). Properfacilityoftransportation:Aspertheweddingplan,properfacilityof transportation will be provided to the guests. Proper food arrangement:Proper food arrangement is generally done for providing the facility of food and drinks for the guests (Bertella 2017). Properarrangementformanagingissues:Appropriatearrangementofsafety equipment’s will be present on the wedding venue in order to avoid any type of challenges or issues.
5 PROJECT MANAGEMENT 2.5. Project benefits It is found that the business of desi wedding will be helpful in providing a number of advantages that are generally elaborated below: Proper facility of wedding planner:With the help of the business, the clients will be able to get the facility of wedding planner who mainly coordinates as well as manages the entire wedding starting from selection of venue to the decoration (Bertellaet al.2018). Proper arrangement of wedding in desi style:All the arrangement for the wedding will be done as per the requirements of the clients by the business and thus it saves time and enhances choice as well as flexibility. Budget and proper maintenance of time:The business will generally take the wedding contractand willcompletethe entirewedding withinthat contractand thus it helpsin minimizing the chances of extra expenditure and helps in managing time quite effectively (Bertella 2017). 2.6. Exclusions The exclusions for the establishment of the business named “desi wedding” in Sydney are elaborated below: Budget:As the budget of the project is restricted to $300,000 therefore, therefore it is necessary to complete the project within the assumed budget for avoiding financial challenges. Time:As the time that is allocated for completion of the business establishment will be 111 days and therefore it is quite necessary to complete the entire project within that time period for avoiding delays and for reducing the chances of extra expenditure.
6 PROJECT MANAGEMENT Scope:The business establishment project must follow the scope in order to complete the work within the budget $300,000 for avoiding financial crisis and for completing the business establishment within a short time period.
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7 PROJECT MANAGEMENT Bibliography Bertella, G., 2017. The emergence of Tuscany as a wedding destination: The role of local wedding planners.Tourism Planning & Development,14(1), pp.1-14. Bertella, G., Cavicchi, A. and Bentini, T., 2018. The reciprocal aspect of the experience value: tourists and residents celebrating weddings in the rural village of Petritoli (Italy).Anatolia,29(1), pp.52-62. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Müller, M., 2015. The mega-event syndrome: Why so much goes wrong in mega-event planning and what to do about it.Journal of the American Planning Association,81(1), pp.6-17. Tucker,M.,2017.WholenessThroughJoy:APracticalEventPlanningandMarketing Project(Doctoral dissertation, Southern Utah University).