Kingston-Bryce Limited (KBL) Acquisition Project Plan

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Added on  2022/08/15

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AI Summary
This project plan outlines the acquisition of CDRT by Kingston-Bryce Limited (KBL), a custom furniture manufacturer. The plan encompasses the project scope, defining in-scope and out-scope activities, a funding schedule of $5 million, and an 18-month timeline. The project aims to expand KBL's operations and triple its workforce. The in-scope activities include defining the business case, establishing timelines, sharing the business case with stakeholders, and providing budgetary estimations. Out-scope activities involve the sharing of budgetary estimations with the Board of Directors and discussion of risks with the legal team. The timeline is presented visually in Figure 1. The business case and risk mitigation plan are also included in the project. The plan adheres to APA style with US sources. The risk mitigation plan will cover risk avoidance, risk sharing, risk reduction, and risk transfer to minimize the impact of risks, especially in light of potential competing bids.
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Running head: EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
Expansion of Operations for Kingston-Bryce Limited (KBL)
Name of the Student
Name of the University
Author note
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1EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
1. Project Scope
In the present context of the project, it has been discussed that the Board of Directors in
KBL have decided over performing acquisitioning over the major stakes of CDRT. Both of the
business of KBL and CDRT are custom furniture manufacturers that primarily specializes in the
task of hand crafting of room tables. Hence, the Board of Directors have thought over the process
of acquisition of major stakes of CDRT. With the performing of acquisitioning of the company,
KBL would be majorly helped with their expansion of business operations on a global basis. This
acquisition would also triple their present workforce, which would be considered as another
major factor towards the growth of the business.
Based on the understanding of the description of the project, the in-scope and out-scope
of activities concerning with the project of acquisition are discussed as follows:
In-Scope Activities of the Project
The in-scope activities in relation to the project of acquisition are:
1. The business case would be defined and reviewed by the Board of Directors.
2. The timeline for the project would be discussed and shared with each of the concerned
stakeholders within the company.
3. Each of the stakeholders would be provided with the business case defining the various
activities that would be considered as highly important.
4. The budgetary estimations at each of the phases defined for the project should be
shared with the financial consultant of KBL.
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2EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
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3EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
Out-Scope Activities of the Project
The out-scope activities in relation to the project of acquisition are:
1. The budgetary estimations at each of the phase might not be shared with the Board of
Directors.
2. The risks incurred within the business might not be discussed with the legal team
working over the project.
2. Funding Schedule
The project would incur a funding of $5 million based on the different activities that
would be completed within the project.
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4EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
3. Timelines for the Acquisition
(Figure 1: The Timeline for the Project)
(Source: Created by author)
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5EXPANSION OF OPERATIONS FOR KINGSTON-BRYCE LIMITED (KBL)
Bibliography
Grassi, S., & Ma, C. T. A. (2016). Information acquisition, referral, and organization. The RAND
Journal of Economics, 47(4), 935-960.
Johnson, J. J. (2016). Turning Words Into Action: Confronting Acquisition Challenges.
Department of Defense Washington United States.
Manea, L., & Ali, P. P. S. S. M. (2017). Mergers and Their Human Side: Key Factors for an
Effective Acquisition and for Surviving One (No. 10).
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