Project Management Plan: Launching a Successful Coffee Shop Business

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Added on  2023/01/11

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AI Summary
This project management plan outlines the steps for opening a new coffee shop, detailing the project's scope, which involves establishing a commercial coffee shop offering high-quality coffee, breakfast, and lunch options. The project's timeline is estimated at one month, and a Gantt chart is included to visualize tasks and activities. Key resources such as equipment, computer systems, retail space, and workforce are identified, alongside a budget including initial funding, projected cash flow, and potential risks and failures. The plan also addresses the limitations of the project, such as resource constraints and complex strategic policies, before concluding with recommendations for attracting customers by focusing on quality and theming, with references to related research.
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Project management
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PROJECT MANAGEMENT
It is based on the process of initiating, planning, controlling, executing the task through different
team members. In order to achieve significant goal and objective. In another way, it can be
defined the beginning and end in time, therefore identifying scope, resources of entire project.
The primary challenge of project management is to achieve their business objective with the help
of give constraints. Generally, information is mainly described the overall project documentation
which will create the beginning of development process. The constraint may include time,
resources, budget and quality. In another way, it will be optimised the allocation of essential
input, output them to meet its pre-defined tasks.
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DESCRIPTION OF PROJECT
The project is related to open new coffee shop with different areas. The coffee shop is
seeking for start-up funding amount to thousand dollar to purchase equipment’s, fixtures
and furniture’s. It is based on café which become new enterprise so as require to explore
their product and service in global marketplace. Before creating project, it should require
to identify the accurate project scope which means to dedicate towards working on
dynamic team and other technical characteristics.
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SCOPE OF PROJECT
To open the coffee shop that will require to operate business within different areas. The
primary aim of project is to provide high quality of coffee, breakfast and lunch within
reasonable prices. It will be operating under 1900 square foot commercial building. The
starting price/ cost find is 20,000 dollars of which 30% percent of amount is available.
The coffee shop space is partitioned but it is not completely furnished. In order utilise all
service within minimum price. With fund that are available and transform the space into
comfortable coffee shop.
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TIME
To complete the overall coffee shop project successfully which require to follows the
different tasks, activities on the basis of project demand. Otherwise, it will increase the
more and more which directly associated with extended time. As per estimation, it will be
scheduled the time for project which will complete within 1-Month. It can be represented
in the detailed time for each task and activity.
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CONT.
Activity 5 days 5 days 4days 4days 3days 3 days 2 days 2 day 2days
Project planning
Stakeholder
meeting
Budget Acceptance
Project design
Material delivery
Refurbishment
work
Monitoring and
controlling
Project report
completed
Closing
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GANTT CHART
It is based on the graphical tool which mainly shows different tasks, activities that
performed against time. Sometimes, it is also known as visual presentation of project
where activities can be divided into different format. In this way, it become easier to
understand and interpret. Generally, it will be down the activities which required to be
done within fixed time intervals. On the chat, task are shown on vertical axis while
schedule time-spend is laid out on the horizontal axis.
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CONT.
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RESOURCES
In order to manage the coffee shop project that require the essential resources for
performing different task. It will be identified the external resources which needs to
contract for interior design of premises. It should be consider physical equipment’s,
computer system, retail space, supply needs and workforce. For the business, it will need
custom facilities which specialised with multiple equipment, employees.
Project manager play important role for maintaining all essential resources for
completing step by step task in proper manner. It will be possible when project manager
use strategic innovative idea to change their policies, procedures. Thus, it is beneficial for
project development to identify significant risks and eliminate with strategic plan.
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BUDGET
The coffee shop will maintain healthy cash flow position which are sufficiently for
repaying and funding for future development. Initially, it will require to assume the
current cash balance for project creation in this way, project manager can consider Euro
50, 000 balance.
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CONT.
One year Second year Third year
Cash received
from sales
180000 260000 400000
Spending cash
within project
40000 100000 130000
Payment for
bills
60000 80000 1,600,000
Total 280000 440000 2760000
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POTENTIAL RISKS AND FAILURES
In order to categorise the risk during business planning which one look at how they directly
impact on the enterprise. Many risk cause negligible effects to the business operation of
coffee shop. These effects can be ignored whereas continue functioning in proper manner.
But it will be identified the critical risk that call for business in order to measure and
implemented for success of project development.
The project manager will be concerned about the negative risk such as business
performance, investor relations, poor join venture management, lack of strategic direction.
These are considered as potential risk which causes of failure in project creation.
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