Launching Target Store in UK: Project Management Planning and Risk Analysis

Running head: LAUNCHING TARGET STORE IN UK
LAUNCHING TARGET STORE IN UK
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1Part BPart B
LAUNCHING TARGET STORE IN UK
Abstract
Project management planning plays an important role in organization of the business and starting
up new business. In this case, the proper project management planning needs different stages to
be completed. These stages are included in the development of the project life cycle. The main
discussion this paper revolves around the implementation of the business plan for the launching
of the new Target store at UK. The base of the Target store is in USA. However, due to the
gaining of popularity Target has launched one of its branch at Canada. However, that store did
not run well as expected. The main objective of this paper is to evaluate the business plan
regarding the Target store at UK and mitigate the factors those were the causes of failure for
Target Canada store. The identification of the problems at Target Canada store will help to make
the risk analysis. The risk analysis of this project would be helpful to mitigate the risks regarding
the launching of the new store. Moreover, stakeholder analysis and resource management would
help to project to deliver its outcome in a proper way. After the analysis and the identification of
the problems further recommendations has been made to improve the overall quality of the
project.

2Part BPart B
LAUNCHING TARGET STORE IN UK
Table of Contents
Part A...............................................................................................................................................3
Part B...............................................................................................................................................9
Literature review..........................................................................................................................9
Introduction of the case:............................................................................................................10
Proposed ways for mitigation of these problems:......................................................................11
Project objective........................................................................................................................12
Performance Measurement:.......................................................................................................12
Stakeholder Analysis:................................................................................................................13
Project plan:...............................................................................................................................15
Constraints and risk:..................................................................................................................15
Communication:........................................................................................................................16
Possible success factors of the project:......................................................................................16
Possible failure factors of the project:.......................................................................................17
Future operations:......................................................................................................................17
Conclusion.....................................................................................................................................17
References......................................................................................................................................18

3Part BPart B
LAUNCHING TARGET STORE IN UK
Part A

4Part BPart B
LAUNCHING TARGET STORE IN UK

5Part BPart B
LAUNCHING TARGET STORE IN UK