Project Management Report: Singapore Restaurant Project

This project management report outlines the process of opening an upscale dining restaurant in Singapore. It begins with an introduction detailing the restaurant's objectives, including providing cost-effective services and a multi-sensory dining experience. The report then delves into project network diagrams, Gantt charts, and risk management strategies, identifying potential risks like marketing issues and budget shortfalls, along with mitigation plans. It addresses project constraints, including resource and scheduling limitations, and explores methods to reduce project duration through task splitting and crashing. The report also covers project management principles, dependency mapping, and the characteristics of an effective project manager. Furthermore, it outlines the steps involved in project team development, monitoring project progress through status reports, and project closure activities, including performance evaluation and retrospective analysis. The project aims to be completed within 55 days.

Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note

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Table of Contents
1. Introduction..................................................................................................................................2
2. Project network............................................................................................................................2
2.1 Network information.............................................................................................................2
2.2 Network diagram...................................................................................................................3
2.3 Gantt chart.............................................................................................................................4
3. Risk management........................................................................................................................4
3.1 Risks identified......................................................................................................................4
3.2 Risk assessment.....................................................................................................................6
3.3 Risk response development...................................................................................................6
3.4 Risk response control.............................................................................................................8
4. Types of project constrain.......................................................................................................8
4.1 Resource constraint project....................................................................................................8
4.2 Resource constraint scheduling.............................................................................................9
5. Project duration............................................................................................................................9
5.1 Reduce project duration.......................................................................................................12
6. Project management...................................................................................................................12
6.1 Managing the project...........................................................................................................12
6.2 Dependency Map.................................................................................................................13
6.3 Characteristics of project manager......................................................................................13
7. Project team...............................................................................................................................13
7.1 Steps to project team development......................................................................................13
8. Monitor project..........................................................................................................................14
8.1 Project process.....................................................................................................................14

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8.2 Report..................................................................................................................................15
9. Step closure................................................................................................................................16
9.1 Wrap up closure activities...................................................................................................16
9.2 Performance evaluation.......................................................................................................16
9.3 Retrospective.......................................................................................................................16
10. Conclusion...............................................................................................................................17
Bibliography..................................................................................................................................18

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1. Introduction
The paper generally focus on opening of an upscale dining restaurant in 269 beach road,
Singapore. The dining restaurant will be opened in Singapore for providing cost effective
services to the customers as the restaurants that are situated in in 269 beach road, are very much
expensive and unaffordable for all classes of people. In addition to this, the restaurant will be
helpful in providing a multi-sensory dining experience which will further tantalize the taste buds
of the customers. Moreover, the ambience of the restaurant is so good that it let the customers to
surrender their dominant senses as well as sight for allowing an individual to properly re-
evaluate the perception of the world. It is analyzed that the entire work of project will be
accomplished 55 days.
2. Project network
A network diagram visually helps in representing the entire project workflow effectively.
It is mainly utilized in order to successfully map the schedule of the project such that the entire
work of the project activities can be tracked successfully. As it helps in encompassing, each and
every action as well as outcome related with the project therefore, it is identified that network
diagram assists in illustrating the project scope effectively (Soe and Htike 2018). The developed
network diagram helps in allowing the manager in order to track each of the project element for
sharing the status effectively. Furthermore, a network diagram generally assists in boosting
performance of the project by minimizing the stress among the team members of the project
(Zeng and Dong 2019).

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2.1 Network information
WBS
Activity Duration
Preceding
table
A Initiation of restaurant business objective 5 days
B Selecting items which will be served 6 days A
C Exploring various locations in Singapore 5 days B
D Analysis of competitive market 6 days C
E Consideration of laws and regulations 5 days D
F Exploring equipment’s as well as requirements
for restaurant
6 days
E
G Business structure establishment 5 days C
H Set up of the restaurant 16 days G
I Exploring health department regulations 6 days H
2.2 Network diagram
Figure 1: Network diagram
(Source: Created by Author)

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2.3 Gantt chart
Figure 2: Gantt chart
(Source: Created by Author)
3. Risk management
3.1 Risks identified
The risks that are identified while opening up a dining restaurant in Singapore is mainly
reflected in the table below:
Risk Id Risk Description
R1 Improper marketing If marketing is not done
through social media or

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through other types of
advertising platform then a
very less group of people will
know about the services that
are mainly delivered by the
company.
R2 Schedule slippage The schedule that is created,
if not properly tracked then
the entire project will face
delay that can extend the
completion date of the
project.
R3 Budget shortfall If the resources of the project
are not used properly then the
work of the project will be
needed which can enhance
the total cost that is needed
for opening a dining
restaurant in Singapore.
R4 Late delivery of materials and
equipment’s for cooking
If the materials or
equipment’s which will be
required in restaurant is not
present then it will take time

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to set up the restaurant.
3.2 Risk assessment
Risk Id Risk Likelihood Impact
R1 Improper marketing High High
R2 Schedule slippage High Medium
R3 Budget shortfall High High
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium
3.3 Risk response development
Risk Id Risk Likelihood Impact Risk response
R1 Improper
marketing
High High It is necessary
to advertise the
offers that will
be delivered by
the restaurants
including the
food items so
that more people
will be able to
know about the
new restaurant.

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R2 Schedule
slippage
High Medium Tracking the
progress report
daily is
considered as an
important step in
resolving project
related
challenges.
R3 Budget shortfall High High The resources
must be used
properly for
avoiding extra
use such that the
entire work of
the project gets
finished on time.
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium Proper time
must be set for
the suppliers and
vendors so that
they can provide
all the
equipment’s and

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materials on
time so that the
restaurant
operation can get
started without
facing delay.
3.4 Risk response control
The risk response control is a procedure which is mainly used for keeping the entire
project on track by properly monitoring all the residual risks properly in order to make sure
proper execution of risks as well as effectiveness of the entire plan for reducing the project
related challenges effectively.
4. Types of project constrain
4.1 Resource constraint project
It is found that in order to open a dining restaurant in Singapore, limited number of
resources are present. The human resources that are mainly associated in completing the project
are limited in number and there if a greater number of resources will be needed in completing the
project then it will create challenges for the project team as the total budget of the project can
generally increase (Kerzner 2017). Moreover, equipment as well as material related constraint
also increases the budget of the project which further can create a lot of economic challenges in
the project.

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4.2 Resource constraint scheduling
Resource constraint scheduling is mainly needed the project when the availability of
project resources generally lacks. It is found as the entire work of the project generally gets
completed on time and the project does not face any type of problem of resource overloading as
well as stretching then resource constraint scheduling will not be required within the project.
5. Project duration
It is found that 55 days of time will be needed in order to open a fine dine restaurant in
Singapore successfully. The project schedule is provided below:
Figure 3: Project duration
(Source: Created by Author)

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5.1 Reduce project duration
The entire project duration cam be reduced by following steps that are mainly elaborated
below:
Task splitting: The main aim of task splitting is to take large task and then properly spilt
in down into a number of tasks which could further start ahead of the execution of previous task.
When you properly examine a task then it is splited then an individual does not need to add a
greater number of resources for properly adjusting the overlap of the smaller tasks.
Crashing: It is also one of the methods that is used for reducing the project duration, In
this particular method, proper resources are generally added within the task for enhancing its rate
of completion (Badewi 2016).
6. Project management
6.1 Managing the project
Project management is a practice that is mainly used for properly initiating, planning,
controlling as well as completing the work for achieving proper goals and for effectively meeting
the success criteria within the entire project in the time that is specified.