Project Management: Developing a Dairy Farming Business Plan

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This project workbook details the development of a business plan for a donkey dairy farming business in Macedonia. It covers defining project objectives using the SMART framework, planning activities with Gantt charts, conducting market research, and analyzing stakeholders. The project aims to explore the potential of donkey milk in cosmetic and health products within the Balkan region. The workbook includes personal reflections on learned skills such as time management and marketing techniques, and emphasizes the importance of digital marketing for business growth. Key activities involve farm refurbishment, livestock purchase, and securing investors, all managed within a defined timeline. The final submission includes the project proposal, activity plan, and Gantt chart.
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Professional
Development
Experience (1)
Workbook
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Contents
Session 1: Introduction to Module:.......................................................................................................3
Session 2: Defining Your Project............................................................................................................4
Project Proposal:...............................................................................................................................5
Session 3: Planning Your Project:..........................................................................................................6
Gantt Chart of Project Timeline:........................................................................................................7
Session 4: Project Proposal Submission Week.......................................................................................9
Session 5: Project Background: Context and Stakeholders..................................................................10
5.1: Project Research:......................................................................................................................10
Session 6: The Iron Triangle – Part 1....................................................................................................12
Session 7: The Iron Triangle – Part 2....................................................................................................13
Week 8: Monitoring Your Project........................................................................................................14
Week 9: Skills Development................................................................................................................15
Week 10: Monitoring Your Project......................................................................................................17
Week 11: Final Review of Your Project................................................................................................18
Week 12: Project Workbook Submission.............................................................................................19
References:..........................................................................................................................................19
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Session 1: Introduction to Module:
Think about the kind of project you would like to work on for this module. Make some notes in the
box below:
For the purpose of completing this project a dairy farming business is developed as a project. This
will help to analyse the use of donkey dairy farming and will help to effectively establish business
in future.
Personal Research:
Find a resource that discusses project management; put a link to it in the box below.
https://www.apm.org.uk/resources/what-is-project-management/
What is the main point made in this resource?
The main point of the link is the meaning and important components of project management
which helps an individual to manage important project. This link helps to identify important
aspects which are required in order to manage a project like process and phases requirements of
the business and project manager role of people and behaviours in the project management use
of Gantt chart and many more.
Personal Reflection:
What did we do?
We plan to open a Donkey dairy farming business in Macedonia for which a proper business plan
is required. In order to plan this business it is essential to identify the necessity and importance of
this business in the market which helps me to understand the positive outcomes of this farming.
What did I learn?
I came to learn many things in order to plan a new business especially the marketing techniques. I
have also learn the use of donkey milk in the day-to-day life but it is essential for the business to
be involved in great marketing techniques no matter how much beneficial business they are
doing. I learn that it digital marketing these days can help any individual to grow their business
from a lower level to the higher-level.
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How can I apply this to my project?
A business is a continuous process and in order to achieve success I need to make regular plans
for the growth and development of business. Actions in preparing the business plan for the new
business will help me to develop my planning skills which will be applicable to my project for its
success. The project helps me to develop my time management skill which is very helpful for the
completion of project on the given deadline.
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Session 2: Defining Your Project
What do I want to do for my project?
I need to research the market in which I was planning for the business. Also I required to develop
my skills and abilities so that I can complete the project in effective manner. A business project
requires several types of knowledge in order to complete it and to prepare a business plan for
donkey dairy farming I am required to enhance my knowledge for the development of a business
plan. I also required to research about the requirement of the project in that area which will help
me to get some feedback from the market.
Where are you going to do your project?
I am going to do my project in Macedonia with the help of a proper research of the market and
getting feedback from the distributors.
What type of project is it going to be?
The given project is a management type of project as it requires a proper management of donkey
dairy farming business.
How does it link to learning to date?
This project is directly linked with the learnings as it helps in proper management and marketing
activities. The business of donkey dairy farming is completely depend on effective marketing
activities and will help an individual to learn about several marketing tactics which can be used by
a business to grow in the marketplace.
Personal Research:
Find a resource that discusses S.M.A.R.T. objectives; put a link to it in the box below.
https://www.tonyrobbins.com/career-business/the-6-steps-to-a-smart-goal/
What is the main point made in this resource?
The resource is very helpful for an individual to develop their smart objectives which requires 5
important things in an object that is and objective should be specific measurable achievable
realistic and proper time should be allotted to it.
Personal Reflection:
What did we do?
In the project we have formulated effective and smart objectives for the business that will help
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the management to guide their employees in effective manner and also achieve them in a given
time frame.
What did I learn?
I learn to formulate my objectives in a smarter way so that they can be achievable measurable
and specific towards my growth.
How can I apply this to my project?
This is smart objective is very essential for my project as these points of smart will help to make
my objective of the business should be specific measurable achievable realistic and in a proper
time frame.
Project Proposal:
Using the space below write your project proposal:
Project Aim:
To develop an effective business plan for initiative of a donkey dairy farming business in
Macedonia.
Project Objectives: (S.M.A.R.T.)
In order to have a smart objective, the objective is required to develop in such a manner that it
could fulfill all the points of smart –
Specific – To start a donkey milk supply in Balkan region to provide milk based cosmetic and
health products. The company has a specific business for top donkey raw milk supply and milk
based products of health and cosmetic.
Measurable – The company has an objective to increase their products like shampoo lotion cream
and other variety of which will help the company to measure its expansion in the market.
Achievable – The high demand of donkey milk in the market makes the objective of the business
to be achievable.
Realistic – The objective that is framed by the company's realistic as it is possible in this market to
increase their sales of cosmetic and health product as there is a growing demand of organic
products in the market.
Time Frame – The company has an objective to managed to business in two phases first is the
supply of RAW milk and the second is to create own branded products. The company wants to
reach at both the phases within one year which makes their objective to be timely and
measurable.
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Session 3: Planning Your Project:
Using the Table below create a list of all the activities you believe you will need to achieve to
complete your project. Consider the order and duration each of the activities will take.
Sequence Activity Duration
Phase 1
Naming and branding 4 days
Marketing plan 3 days
Market research 4 days
Competition analysis 5 days
Farm refurbishment 2 days
Phase 2 Livestock Purchase
Livestock food supply 4 days
Assistance employment 5 days
Investors and banks 3 days
Using this list of activities and some appropriate software create a Gantt chart of your project’s
timeline.
Insert your completed Gantt chart on the page below:
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Gantt Chart of Project Timeline:
Donkey Farming
EntVase Mitev
Enter the name of the Project Lead in cell B3. Enter the Proj Wed, 8/28/2024
1 Aug 26, 2024 Sep 2, 2024 Sep 9, 2024 Sep 16, 2024 Sep 23, 2024 Sep 30, 2024 Oct 7, 2024 Oct 14, 2024
26 27 28 29 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
TASK PROGRESS START END M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S
Phase 1 Title
Naming and Branding 50% 8/28/24 8/31/24
Marketing Plan 60% 8/31/24 9/2/24
Market Research 50% 9/2/24 9/6/24
Competition Analysis 25% 9/6/24 9/11/24
Farm Refurbishment 9/1/24 9/3/24
Lifestock purchase
Lifestock Food supply 50% 9/2/24 9/6/24
Assistants employment 50% 9/4/24 9/9/24
Investors and Banks 9/9/24 9/12/24
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Personal Research:
Find a resource that discusses using Gantt charts in project management; put a link to it in the box
below.
https://www.investopedia.com/terms/g/gantt-chart.asp
What is the main point made in this resource?
The main point which has been made in this resource is to identify the meaning of Gantt chart and
helps to find out that how can chat is very useful in the management of a project.
Personal Reflection:
What did we do?
We have created an activity chart according to the time taken by each activity and their progress
report till the date the Gantt chart is prepared.
What did I learn?
I learnt to forecast and divide all the business activities in a smaller activities and assign them a
proper deadline which has improved my time management skills.
How can I apply this to my project?
This is very helpful for my project in present and in future also as a business is a continuous
process and I need to prepare a plan for the growth and development of my business again which
requires a proper management of the project in which Gantt chat plays a vital role. I will identify
all the activities that are required in my donkey dairy farming business and prepare an effective
Gantt chart for the same.
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Session 4: Project Proposal Submission Week
This week you need to ensure that you have:
Completed your proposal and submitted it via e-mail to alan.martin@uws.ac.uk.
Completed your proposed project activity plan in your workbook.
Completed your proposed project timeline on a Gantt chart.
Personal Research:
Find a resource that discusses project Stakeholders; put a link to it in the box below.
https://www.pmi.org/learning/library/stakeholder-analysis-pivotal-practice-projects-8905
What is the main point made in this resource?
The main point of the above resource is to analyse the stakeholder for a particular project and
provide for the importance to analyse stakeholder for the successful completion of the project.
Personal Reflection:
What did we do?
We have analysed several important persons for the project like employees, employers,
management owner, stakeholders, banks, investors and many more.
What did I learn?
I learnt the importance of stakeholders in any business and it helps to make the role of the
stakeholder to be clear to me.
How can I apply this to my project?
In order to apply this in my project I will find out effective stakeholders that will help me to
achieve success in my donkey dairy farming business project.
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Session 5: Project Background: Context and
Stakeholders
This week we considered the organisational context and stakeholders to your project
Who is the project for? For the People who require Donkey Raw Milk and need organic
products in cosmetic and health care.
What do you do/do at
work?
I will manage the Donkey dairy farm business to earn profit and
fulfil the demands of customers related to organic products.
What do you know about
the sector you work in?
I have spent my childhood working in farm to produce meat dairy
and grain products which will be beneficial for me for my new
business. I have ample of knowledge regarding the dairy form
business which is required in my new business Donkey dairy farm.
What parts of the
organisation does your
project affect?
The project is to design a new business plan for Donkey dairy farm
which has its impact on all the parts of the organisation.
5.1: Project Research:
This week find out about your chosen sector/organisation/employer; place some links to relevant
background information in the box below:
Link 1: https://donkeywise.org/2016/09/05/donkey-milk-miracle-cure-or-ethical-minefield/
Link 2; https://www.thedonkeysanctuary.org.uk/sites/uk/files/2017-11/dairy-donkey-
guidelines.002.pdf
Link 3: https://krishijagran.com/animal-husbandry/here-s-all-you-need-to-know-about-the-first-
donkey-farm-in-india/
Personal Research:
Find a resource that discusses using “The Iron Triangle” in project management.; put a link to it in
the box below.
https://www.villanovau.com/resources/project-management/iron-triangle-project-management/
What is the main point made in this resource?
The main point of the link is to explain the iron triangle in a project management case where it has
been provided that there are three constraints that are faced by project manager to complete a
project that our budget, scope and schedule in a project.
Personal Reflection:
What did we do?
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We have analysed a proper understanding about the iron triangle which is used in project
management to identify the three important constraints that are faced by project manager during
a project.
What did I learn?
I learn about the constraints that are faced by a project manager in order to complete a project
successfully and the management which has been established by the project manager to manage
of all these constraints.
How can I apply this to my project?
Being a part of a project I also need to take care of these 3 constraints of project management
that is budget scope and schedule which will help me in successful completion of the project.
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