Project Planning for New Product Launch at Taste and Best Bakery

This project plan outlines the strategies for "Taste and Best Bakery" to introduce healthy, sugar-free cookies, focusing on promoting health within the food context. The plan includes setting objectives like improving brand reputation and demonstrating the value of healthy eating. It covers key project management aspects such as scope and deliverables, risk management (addressing potential failures due to budget constraints or low product acceptance), resource management (emphasizing human resources and local sourcing), and budget considerations. The work breakdown structure details tasks from initiation to closure, including hiring a manager, risk analysis, budget allocation, and quality control. The plan also incorporates primary data collection through employee reviews to understand talent management and secondary data analysis to inform strategic decisions. Ultimately, the project aims to improve the bakery's structure and increase product sales by catering to health-conscious consumers.

PROJECT PLANNING

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Aim of the business:....................................................................................................................3
Objectives:...................................................................................................................................3
Project management plan:............................................................................................................3
Work break down structure.............................................................................................................4
Role of primary data in order to know the reviews of the employees in organization................7
Analysing the importance of secondary data & the literature review.........................................8
Data Analysation.......................................................................................................................10
Recommendation to improve the business further:...................................................................13
Reflection of this project:..........................................................................................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Project planning means setting goals and objectives to complete a project of the business, this
planning of project involves certain steps such as designing the plan, setting budge, aims and
objectives, human and various other resources. Projects are small part of the business and their
success help the company to grow.
TASK 1
Aim of the business:
The aim of the business to promote health within the food context, this aims will help customer
to eat their favourite sugar free and healthy cookies.
Objectives:
 To promote healthiness in the food products, this aim is been designed to show the
importance of healthy eating.
 To demonstrate the value and importance of healthy eating.
 To improve the brand name and reputation in the market.
Project management plan:
Scope & deliverables: the taste and best bakery have the scope to deliver healthy sugar free
cookies and to promote the healthiness. The internal scope of the company is to improve the
structure and increase the sales of the products. It is been noticed that people are been more
health conscious these days and often looking for the healthy eating. The bakery will going to
introduce the healthy food products, to complete this scope the bakery have to arrange various
resources and need to set the budget accordingly. The internal scope of the business to save time
and money by implementing certain plan.
Risk management: the next step falls under project management is managing risk which are
associated with the company and this project. For the taste and best bakery, risk management
need to be demonstrated carefully, there are certain risk associated with this project such as
failure. Failure because of less budget, less human and other resources and lack of availability of
raw material. The biggest risk which is been associated with this project is the value of concept,
as this sugar free cookies' concept is new to the market, people might not like the taste of this
cookies and other food products.

Resource management: resources plays a vital role in the project managements, the taste and
best bakery need to arrange all the required resources to complete this process. The first and the
most important resource of the business is human resource which need to arranged properly. The
bakery will aim to hire talent and skills in the business. Allocation of other resources are need to
be completed properly such as arrangement of raw material from local suppliers to reduce the
cost of the production. The bakery will find local suppliers and vendors to provide high quality
raw material in reasonable rates.
Budget and financial consideration: the budget and the financial consideration is very
important in the business organization, without the proper budget a business can not survive the
market. The taste and best bakery have planned to manage their budget according to the
requirement of the project, the bakery have various project but this project need to have proper
financial planning. The financial budgeting include:
Budgeting Amount
Stakeholders 150
Loan 50
Creditors 100
Total 300
Work break down structure
Task Name Duration Start Finish Predecessors
Initiation step: 45 days Tue 11/16/21 Mon 1/17/22
hire a manager 25 days Tue 11/16/21 Mon 12/20/21
goals & objectives 10 days Tue 12/21/21 Mon 1/3/22 2
customer 5 days Tue 1/4/22 Mon 1/10/22 3
feasibility 5 days Tue 1/11/22 Mon 1/17/22 4
planning step: 50 days Tue 11/16/21 Mon 1/24/22 5
risk analysis 20 days Tue 1/4/22 Mon 1/31/22 2,3
task plan 10 days Tue 1/18/22 Mon 1/31/22 5
budget 10 days Tue 2/1/22 Mon 2/14/22 7
communication
methods 10 days Tue 2/1/22 Mon 2/14/22 8

execution step: 30 days Tue 11/16/21 Mon 12/27/21 9
updates 5 days Tue 2/15/22 Mon 2/21/22 10
comparison 5 days Tue 2/15/22 Mon 2/21/22 9,10
improvement process 10 days Tue 2/22/22 Mon 3/7/22 12
documentation 10 days Tue 2/22/22 Mon 3/7/22 13
control step: 4 days Tue 3/8/22 Fri 3/11/22 14
scope creep 1 day Tue 3/8/22 Tue 3/8/22 9,13
change management 1 day Tue 3/8/22 Tue 3/8/22 14
tracking 1 day Tue 3/8/22 Tue 3/8/22 15
quality 1 day Wed 3/9/22 Wed 3/9/22 17
closures step: 4 days Wed 3/9/22 Mon 3/14/22 18
lesson learned 1 day Wed 3/9/22 Wed 3/9/22 19
report 1 day Thu 3/10/22 Thu 3/10/22 20
delivery 1 day Wed 3/9/22 Wed 3/9/22 17
meeting 1 day Wed 3/9/22 Wed 3/9/22

Role of primary data in order to know the reviews of the employees in organization
Primary data is that type of data that leads to collecting the information by the researcher from
the original sources. This data helps in gaining the original and accurate information from the
interviewers. The concept of primary data has been used by the taste & best bakery in order to
know the reviews of the employees over talent management. The employees of the organization
are the important element therefore, taking their reviews is important. (Liu, Wang, and Yu,
2019). This has been further called the first-hand data as this is taken from directly to the people
without using any mediator. Tools that are used in the primary data in order to know the results
are : interviews, surveys and focused groups. The interviews refer to that method in which direct
questions has been asked to the respondents. This is time-consuming method as they involve
large number of efforts. But, when the data is needed to collect on small basis then this has been
considered as the best tool Asking individually question to each and every person results in
taking much time. On the other hand surveys refers to asking the selected questions in terms of
knowing the aspects of the respondents. (Uribe-Toril, and et,al., 2021). The result has been
analysed on the majority of the people. The focused group refers to focusing on the special
groups that affects the business and observing those groups in order to collect the data. This
method creates complexity as the consistent observation is not easy.
The primary data is the best device in terms of listing the short interviews and preparing
the short questionnaire. This result in analysing the results that are concerned with the real facts

and figures. Along with this, the original information has been acquired under this. In order to
understand the concept of talent management the questionnaire has ben prepared that has been
presented below:
Did you know the concept of talent management?
 Yes.
 No.
In which ways your organization is identifying the people that are concerned with the talent?
 By making an observation.
 By conducting test.
 By seeing the outcomes.
How your organization is hiring talented people?
 By online recruitment.
 By calling the recruiters personally.
 By taking references.
What ways of strategy has been adopted by the company in term of promoting talent?
 Providing on-the-job training.
 Providing off-the-job training.
 Providing motivation.
Is there any different way that you would like to recommend the organization in order to enhance
there performance?
Analysing the importance of secondary data & the literature review
Secondary data refers to that form of data that has been gathered by the third person and the data
has been gathered in order to know the information related to the particular project or task. This
form of collecting the data ensures the cost-effective advantage to the researcher. As per the
views of Andrei (2018). The data is easy to access and understand. The collection of data by
using secondary data method is easy and can be done by anyone. There is no special technique is
required in terms of using the secondary data method. This data does not involve the
mathematical terms in order to collect the data. The data is gathered on the basis of availability
of the primary data. But, the data is not gathered by the primary user. The main source of
secondary data is the published source. In accordance with the Cole, Friedlander and Trinh
(2018). The user takes information from the public sources. Textbook, newspapers, biographies

are the examples of secondary data. The researcher used this data for in order to answer the
questions. The data has been prepared by the primary user for their own purpose. And then it
converted into secondary data. And then used by the number of user in the form of secondary
data.
Talent management involves the attraction, selection and retention of the employees in
the organization. The concept of talent management enables the organization in terms of
retaining the talented people in the organization this ensures the productivity of the company.
The efficient base of human capital ensures the completion of each and every task. The human
base of the company is highly responsible for the growth and success of the company. Talent
management is just not limited to selecting the employees. It has been stated by Whysall,
Owtram and Brittain, (2019). It is bigger concept. It also involves retaining the employees. And
along with this, it involves providing training to the members. This has been done in order to
promote the creativity and skill of the employees. This concept works with the prior goal of
recruiting and selecting the right people who can drive the success of the organization. And this
concept also provides the guidelines in terms of adding more creativity along with the existing
creativity in the members of the organization. In order to understand this with clearance here is
the process of talent management:
Planning- This is the first and most important step in the process. The perfect planning has been
done before converting the process into practices. Under this, different ways has been analysed
through which the public can be attracted in order to give interviews in the organization
Attracting talent- Under this, it has been analysed that, the vacant job position has to be full-fill
internally or externally. If there are employees in the organization who are suitable for the vacant
job position then the talent is taken from the internal source. On the other hand, when the job
position is full-fill by the external candidate after selecting them then the external source of
talent has been attracted by the organization.
Selecting- This step involves the certain taste in order to check the intelligence of the members.
On the basis of these tests the candidates are chosen for the job
Developing- This refers to providing the trainings to the employees in order to add creativity in
the employees. This involves providing on-the-job and off-the-job training to the employees and
ensuring their development.

Retaining- The concept of talent management is the broad concept that involves the retaining of
employees as well. This refers to boosting up the values of the employees. The motivation
element has been used in order to boost up the employees. Reward, promotions are the
techniques that has been used under this.
Data Analysation
The process of data analysation helps in knowing the results and findings. Here is the result of
the data that has been gathered by using the primary source:
Theme 1: In this section, this has been ask to the employees whether they know about the talent
management or not.
OPTIONS NUMBER OF RESPONDENTS
YES 7
NO 3
TOTAL NUMBER 10
Interpretation- As per the above graphical representation of the data it has been found that from
more number of employees are aware about the concept of talent management in comparison of
those who are not. The question is asked from the 10 employees out of which seven said yes and
three said no. The majority goes with the yes. Therefore, it can be said that the employees are
aware about the concept of talent management. This is needed in order to experience the concept.
If the employees has no idea that “what is talent management” then there would be no sense of
applying this concept in the organization.
Theme 2: The most approachable way that has been used by the organization for finding the
talented people

WAYS FOR IDENTIFYING TALENT NUMBER OF RESPONDENTS
By making an observation. 2
By conducting test. 6
By seeing the outcomes. 2
Total number of respondents 10
Interpretation- It has been analysed from the gathered data, that the organization is identifying
the fresh talent by conducting the test. This shows that, the company is using accurate method for
ensuring the talent. In order to know this, total 10 employees has been chosen out of which
majority goes with the test conducting techniques. And on the other hand, observing and
outcomes tools got the same point. This shows the organization is mainly depends upon the test
techniques.
Theme 3: Ways in which organization is hiring the talented people
WAYS OF HIRING NUMBER OF RESPONDENTS
By online recruitment 7
By calling the recruiters personally. 2
By taking references 1
Total number of respondents 10

Interpretation- On the basis of this graph, this can easily analyse that, for hiring the people the
organization is using the digital platform. The majority votes the online recruitment. This simply
means, that the organization is actively using the digital platform in terms of attracting the
talented people and for performing the talent management concept. The organization is less
depend upon the personal calling and taking references in order to recruit people.
Theme 4: Strategies of the talent management that has been adopted in the company
STRATEGIES NUMBER OF RESPONDENTS
Providing On-the-job training 4
Providing Off-the-job training 4
Providing motivation 2
Total number of respondents 10
Interpretation- From the above graph this has been analyse that for providing the training under
talent management the organization has equally adopted the strategy of on-the-job and off-the-