Bounce Fitness: Resource Bids, Plans, and Cost Benefit Analysis

This project, undertaken by a student, focuses on resource management within Bounce Fitness. It encompasses several key areas, starting with an analysis of opportunities to manage business resources like physical, intellectual, and human resources. The project includes detailed staffing plans for fitness programs, outlining resource requirements, budget allocations, and objectives. Furthermore, it presents meeting minutes discussing staffing and equipment shortages, followed by cost-benefit analyses for both staffing and equipment purchases, evaluating investments over time. Resource bids are developed for fitness training staff and new equipment, detailing project objectives, resource requirements, and proposed costs. Finally, a resource plan is provided, covering acquisition, allocation, and key performance indicators to ensure effective resource utilization and project success. The document provides a comprehensive overview of resource management strategies in a fitness center setting.

ASSESSMENT TASK 2
PROJECT &
OBSERVATION

Contents
ARP T 1.........................................................................................................................................................3
AS repare to develop resources bidsT K 1.1 P ...............................................................................................3
pportunities to manage at least three1. O business resources..............................................................3
AST K 1.2....................................................................................................................................................... 3
Meeting minutes.......................................................................................................................................4
AS Cost enefit AnalysesT K 1.3 B ..................................................................................................................5
AS Resources idsT K 1.4 B ..............................................................................................................................7
AS Resource lansT K 2.2 P ..............................................................................................................................9

PART 1
TASK 1.1 Prepare to develop resources bids
1. Opportunities to manage at least three business resources
Physical resources: Physical resources are essential for the organisation’s overall because the
firm cannot run without items like as machinery, inventories, and a production facility.
Intellectual resources: These include forms of organizational assets that are unmanifested and
intellectual in character, such as patent rights, brand names, ownership over essential documents,
and perhaps even collaborations.
Human resources: Human resources are also vital in customer support and as diagnosticians in
order to grasp the source of the client’s financial and delivers customized solutions.
TASK 1.2
Human Resource Analysis
Completed by Tryphena D’cruz
Workplace/Organisation Bounce Fitness
Date Completed 7/3/22
Title of Business Plan Staffing plan
Title of Program Aerobics Class program & Weight training program & Yoga expert
Program Budget $5000
Title of Project Fitness Training/ Full time
Project Budget $2319
Resources Required
Resource required Nature of
resources
Level of
resources
Business units Unit
objectives
Personal fitness trainer Full time 40 hrs per 5
day
HR
management
Enhance
customer
satisfaction by
25% at the end
of year

Physical Resources
Completed by Tryphena D’cruz
Workplace/Organisation Bounce Fitness
Date Completed 7/3/22
Title of Business Plan Fitness equipment purchasing plan
Title of Program Buy high quality fitness equipment
Program Budget $1000
Title of Project Shortage of treadmill
Project Budget $3897
Resources Required
Resource required Nature of
resources
Level of
resources
Business units Unit
objectives
Treadmills Max user
capacity: 350 lbs
Emergency shut
off cooling fans
Shock absorption
4 Treadmills Marketing
section
Increase
provision of
fitness
equipment
inside the
centre
Meeting minutes
Date: 8/9/22 Time: 2.00 PM Location: Meeting
Room
Purpose of meeting Shortage of fitness trainer
Agenda Item: Stakeholder Consultation
Discussion Shortage of staff / Trainers and instructor
As the number of study participants grows, we will need to divide the sessions into mini-groups,
for which we will require more human resource management. They need another individual
fitness trainer, as well as a trained group fitness teacher and a yoga specialist. The money for this
is $5000, therefore we'd want to acquire clearance before it we start promoting. Online websites

and social media sites would be used for recruiting. We would like to recruit someone to work
full-time all five days a week since we have consumers who want to attend the lessons during the
week.
Date: 8/9/22 Time: 2.00 PM Location: Meeting
Room
Purpose of meeting Shortage of fitness equipment
Agenda Item: Stakeholder Consultation
Discussion Shortage of fitness equipment
As the number of consumers participating grows, there appears to be a treadmill scarcity, as we
notice clients queuing to use the machine. It requires approval for three more treadmills, as well
as the 6-set programme. The shipment should arrive by the 20th of March.
TASK 1.3 Cost Benefit Analyses
Resource required: Personal Fitness
Original Investment: 2319
Time period: 6 Months
Timeframe 0 1 2 3 4 5 6
Benefits 0 4000 4500 4000 4500 4000 4500
Costs 2319 0 0 0 0 0 0
Upfront 0 3fi000 3fi000 3fi000 3fi000 3fi000 3fi000
Ongoing 0 0 0 0 0 0 0
Total cost 2319 3000 3000 3000 3000 3000 3000
Net cash
flow
2319 0 0 0 0 0 0
Discount
rate
10% 0 0 0 0 0 0

Discount
factor
100% 90.91% 82.64% 75.13% 68.30% 62.09% 56.45%
Discounted
cash flow
2319 1100.00 1815.00 1331.00 2196.15 2415.77 2657.34
NPV 3383.69
IRR 48.40%
Resource required: Purchase of Treadmills
Original Investment: 3897.00
Time period: 5 Years
Timeframe 0 1 2 3 4 5
Benefits 0 5000 5500 5000 5500 5000
Costs 3897 0 0 0 0 0
Upfront 0 3500 3500 3500 3500 3500
Ongoing 0 0 0 0 0 0
Total cost 3897 3500 3500 3500 3500 3500
Net cash
flow
3897 1500 2000 1500 2000 1500
Discount
rate
10% 0 0 0 0 0
Discount
factor
100% 90.91% 82.64% 75.13% 68.30% 62.09%
Discounted
cash flow
3897 1649.98 2420.14 1996.54 2928.26 3221.13
NPV 2854.37
IRR 34.58%
TASK 1.4 Resources Bids

Completed by Tryphena D’cruz
Workplace/Organisation Bounce Fitness
Date Completed 9/8/22
Title of Project Fitness Training, Aerobic Trainer & Yoga
Expert/Full time
Title of Program Staffing Plan for Full time Trainers
Project Leader Tryphena D’cruz
Estimated Start date 10 September
Estimated end date 10 December
Executive Summary
The goal of this project is to ensure that each programme has enough staff with the necessary
abilities and expertise to assist customers in reaching their objectives. Weight lifting, Aerobics
classes, and Yoga sessions are among the programmes that are understaffed. Bounce Fitness
intends to hire through online recruitment and social media sites. The overall spending will be
$2319 USD.
Project Objectives
Increased customer involvement.
Increased affirmations in the place of work as a result of adaptability
Clients can choose from a variety of adaptable class times.
Project Resource requirements
Full-time Fitness Trainer, Aerobic Trainer, and Yoga Expert We need a Fitness Trainer with
specialist fitness skill training for our Weight Training programme. We need a fitness classes
expert who can give out fitness classes directions for the Aerobics class. We need an informed
yoga specialist who is familiar with the subject and can give yoga directions for a yoga practice.
Proposed cost and benefit
Total budget: 5000
Original investment: 2319
Completed by Tryphena D’cruz

Workplace/Organisation Bounce Fitness
Date Completed 9/8/22
Title of Project Shortage of treadmills
Title of Program Buy high quality machinery
Project Leader Tryphena D’cruz
Estimated Start date 10 September
Estimated end date 10 December
Executive Summary
This project's goal is to ensure that Bounce Fitness purchases elevated exercise machines. For
clients to have a safe and healthy creative work, the device must meet the necessary
requirements.
Project Objectives
In order to further interact the society
to enhance consumer involvement in physical activity
Enhance the number of exercise equipment in the centre.
Project Resource requirements
User weight limit: 350 lbs. 3.25 CHP motor 7.5" LCD display Pulse grips and chest straps for
monitoring pulse rate Speed Range: 0.5 - 12 mph Sloping Range: 0-15% Urgent power cut-off
Fans for cooling Set-up 83" L x 35" W Dimensions Shock Uptake: Cushion Flex suspension
system Deck: Cushion Flex Whisper Deck Trying to run 60" L x 22" W surface Pinpoint
accuracy metal frame with epoxy particle coat complete Step-up 8" in height; 253 lbs in weight
Rollers:2.5” 3 $3897.00 20 Jan 20xx Procurement Officer Bounce Fitness Equipment Plan Item
Specific.
Proposed cost and benefit
Total budget: 1000
Original investment: 3897
TASK 2.2 Resource Plans
Learner name Tryphena D’cruz

Workplace/Organisation Bounce Fitness
Date Completed 7/3/22
Project Title Staffing plan
PART 1 Overview
Business Unit HR Management
Business unit objectives To increase customer physical activity participation
PART 2 Acquisition Plan
ROLE REQUIREMENTS
Role Project
Responsibility
Level No of staff
required
Estimated start
date
Yoga instructor,
aerobics trainer, and
meditation instructor
Giving explicit
guidance and
having practical
qualifications
38 Hours full
time
3 20/8/22
External resource requirement
Recruiting new trainers
Internal Resource requirement
Managing with current fitness trainers
Recruitment Plan
Role Action Item Expected date Expected
Outcome
Actual date Actual
Outcome
Yoga
instructor,
aerobics
instructor,
and fitness
trainer
Create online
profile for the
job boards
1/8/22 Vacancies
advertisement
on every
platforms
1/8/22 List of
different
applications
PART 3 ALOCATION PLAN

ORGANISATIONAL REQUIREMENT
Policy Statement The purpose of this initiative is to ensure that each programme
has enough staff with the necessary experience and competencies
to assist the client in accomplishing their goals.
Procedure to Follow
1. Recognize the requirement of job opening
2. Decide whether to select internal and external
Key performance indicator
KEY PERFORMANCE INDICATOR
Resource use against project budget
KPI Use less that 10% of budget
Method of determining the level of
performance
Exceeding the 10% results in adjusting the plan
Resource use against project budget
KPI Generating the revenue over the budget amount
Method of determining the level of
performance
Check income and expenditure records