Project Management Plan: Recycled Furniture for Lexington Furniture

This project management plan outlines a project for Lexington Furniture, focusing on the production of recycled furniture. The introduction highlights the project's goals of developing a new range of furniture using recycled materials like textiles and wood pallets, emphasizing its environmental benefits. Part 1 details the statement of work, including SMART objectives, mission, and vision, along with resource requirements and cost estimations. Part 2 presents the project management plan, including team roles and responsibilities, scope, cost, schedule, work breakdown structure, stakeholder management, risk management, quality management, and change management plans. The plan addresses potential risks like financial constraints and miscommunication, and outlines mitigation strategies. The project aims to launch environmentally friendly furniture, improving customer base and market share. The schedule spans from March 23, 2020, to April 22, 2020, covering initiation, planning, implementation, monitoring, and closing phases. The plan includes a cost breakdown of $3500 and emphasizes stakeholder interests and communication strategies. Finally, the project incorporates a peer evaluation form and concludes with references.

PROJECT MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
Statement of work.......................................................................................................................3
PART 2............................................................................................................................................4
Project Management Plan................................................................................................................4
Team member, role and responsibility and communication ......................................................4
Detailed project Scope................................................................................................................6
Detailed project cost....................................................................................................................6
Project Schedule..........................................................................................................................7
Work Breakdown System.........................................................................................................10
Stakeholder Management plan..................................................................................................10
Risk Management Plan and Risk Assessment..........................................................................12
Quality Management Plan – TQM............................................................................................15
Change Management plan.........................................................................................................15
PART 3..........................................................................................................................................15
PART 4..........................................................................................................................................16
Peer evaluation form.................................................................................................................16
CONCLUSION..............................................................................................................................18
REFERENCES..............................................................................................................................20

INTRODUCTION
Project management is one of the effective practice which is highly based on the planning
and initiative measure in order to attain goals of the company (Duan and et.al., 2016, June). The
key idea behind carrying out the project is to develop recycled range of furniture products. This
study will focus on producing specific project charter with proper project management plan.
Moreover, this study will also focus on VDPM analysis and sustainability with the peer
performance evaluation.
Lexington furniture is considered to be one of the best furniture brand across the globe as
they tend to provide aesthetic and quality products to its customers.
PART 1
Statement of work
The key reason behind carrying out this project is because of the academic interest. It is
very crucial to carry out this project because it will help the researcher in determining innovative
ideas for the project.
New range of furniture will be manufactured by using recycled items such as recycled
textiles, salvaged wood and various set of reused material such as wood pallets. The scope of this
product is way to high because it is environmentally friendly and it also helps in less utilization
of natural wood resources to protect the environment (Eskerod and Larsen, 2018).
SMART Objectives
The SMART Objective of the Lexington furniture company is to provide high quality
furniture products which are made by using recycled products. They maintain quality of product
for longer life of the product. The company also tends to focus on maintaining the technological
leadership in order to reduce emission of harmful substances within the environment. The
furniture will be provided to the customers at a very reasonable price. The long term strategic
goal of the Lexington furniture is to become a market leader in United Kingdom and also to
increase the sale by 15% to 20% every year with rise in the profit by 8% in every fiscal year.
Mission
The main mission of the Lexington furniture company is to carefully design the furniture
which is environmentally friendly and meets the need and requirement of the customers. The
products in Lexington furniture company are manufactured in a dignified manner with the
minimal use of the natural resources.

Vision
Our vision is to become the market leader in the furniture and also have high degree of
customer base by delivering world class products within affordable price range.
The key resources required to carry out the project is database, cell phones, equipments,
stationary, laptops, capital, etc. and the approval is to be taken from project head.
No assumption has been made and the time constraints is one of the major limitation
while carrying out the specific project.
The scope of the project is very wide as it will help in determining how the furniture
company must take use of recycled products to produce furniture products (Fan and et.al., 2020).
This study has a very wide scope because it helps in producing products which are
environmentally friendly.
The cost associated with carrying out the project is estimated to be $3500. The project is
scheduled to be completed by 21st April 2020.
The key stakeholders of the project are project team, project manager, resource manager,
consumer, owner, professors. The high degree of risk associated while carrying out the project
are lack of finances, miscommunication between team members, non- completion of project
within scheduled date.
High degree of quality standards have been maintained while carrying out the project.
High degree of confidentiality has been maintained and also project has been carried out in
ethical manner by complying with various laws.
PART 2
Project Management Plan
Team member, role and responsibility and communication
Roles and responsibility Communication
Team
member
Role Responsibility Reporting To Weekly Type of
Communication
Project
manager
Will have to
plan different
Sole
responsibility
Client or CEO
of the project
Need to meet
with the client
Oral in face of
face to face and

strategy and
budget related
to the project.
to carry out
outcome of the
project, by
coordinating
and guiding the
project.
and leader.
Also with the
employee.
also sometime
with the help of
video conference
Project
Sponsor
To assist
project team in
making
different plan
and also
providing
monitory
support.
To make sure
adequate flow
of the money in
project
Project
manager some
time.
Need to meet
with the client
and leader.
Also with the
employee.
With the help of
written
communication
via mail. Also
has to use face to
face
communication
in the
organization as
well.
Product
Designer
Design the
product
-meet the client
requirements
-meet deadlines
Project
manager
Need to
communicate
with the client
and also
sometime with
the project
manager
They will
generally use
oral
communication
as the form of
communication
to communicate.
Employee They have to
carry the
project in the
organization.
To complete
the project on
prescribed time
deadline.
Project
manager and
team leader
Need to
communicate
with the
project
manager and
client on
They has to use
both oral and
written
communication
in the project.

regular basis.
Detailed project Scope
There are very wider scope of this project to may of the interested party. Scope of the project in
the aspect of different interested party are as follows:
Company: Launching environmental friendly furniture in the nation is the project which
is having very wider scope for the organization. As there is good demand of such type of the
product in the market. This will help the company in improving the customer base of the
company and will open up the wider scope of improving the market share of the company. As
this project will launch the product in the existing as well as in the new market in the nation.
Investor: In the eye of the investor as well the scope of the project is very wider, as this
project will help the investor in getting good amount of return out of the investment made by
them. As there is good demand of environment friendly product in the market.
Consumer: This type of the project in the organization will eventually open up the wider
opportunity in front of the consumer to support the environment of the nation, as consumption of
this product in the market, will not have any sort of impact on the environment, as this is a
environmental friendly product, made up of recycled raw material in the nation.
Detailed project cost
This project will cost 3500 for the organizer to carry out the project result in the market.
Description of different project cost are as follows:
Element of Cost Expenditure
Raw material 1500
Wages of employee 700
Conveyance charge 400

Legal charge 500
Overhead 400
Total 3500
Project Schedule

Task Mode Task Name Duration Start Finish
Manually
Scheduled Initiation 11 days Mon 3/23/20 Mon 4/6/20
Auto
Scheduled
Determine the key
requirement 3 days Mon 3/23/20 Wed 3/25/20
Auto
Scheduled Assign project manager 3 days Thu 3/26/20 Mon 3/30/20
Auto
Scheduled Meet with stakeholder 2 days Tue 3/31/20 Wed 4/1/20
Auto
Scheduled Sponsor Approval 3 days Thu 4/2/20 Mon 4/6/20
Auto
Scheduled Planning stage 11 days Tue 3/31/20 Tue 4/14/20
Auto
Scheduled Perform primary planning 3 days Thu 4/2/20 Mon 4/6/20
Auto
Scheduled
communicate with other
stakeholder 1 day Tue 4/7/20 Tue 4/7/20
Auto
Scheduled raw material procurement 2 days Tue 3/31/20 Wed 4/1/20
Auto
Scheduled Making resource planning 2 days Wed 4/8/20 Thu 4/9/20
Auto
Scheduled Budget 3 days Wed 4/8/20 Fri 4/10/20
Auto
Scheduled Estimating the cost 1 day Fri 4/10/20 Fri 4/10/20

Auto
Scheduled
Allocation of financial
resource 2 days Mon 4/13/20 Tue 4/14/20
Auto
Scheduled Implementation 9 days Wed 4/8/20 Mon 4/20/20
Auto
Scheduled Manage communications 2 days Fri 4/10/20 Mon 4/13/20
Auto
Scheduled Manage procurement 2 days Wed 4/8/20 Thu 4/9/20
Auto
Scheduled Monitoring 4 days Tue 4/14/20 Fri 4/17/20
Auto
Scheduled Risk management 2 days Wed 4/15/20 Thu 4/16/20
Auto
Scheduled
Make changes after
mitigating risk strategy 2 days Fri 4/17/20 Mon 4/20/20
Auto
Scheduled Closing 2 days Tue 4/21/20 Wed 4/22/20
Auto
Scheduled Proper documentation 1 day Tue 4/21/20 Tue 4/21/20
Auto
Scheduled Project closure 1 day Wed 4/22/20 Wed 4/22/20

Work Breakdown System
Stakeholder Management plan
Stakeholder Description Interest Impact Role Stake holder
management
Owner Owner are the one High High They generally Interest of the owner

for whom the
project is carried out
in the organization.
Project is generally
drive as per the
different
requirement of the
owner. They
generally be in
touch with the
project manager to
pass on the valuable
comments to them
used to guide the
project manager
in making
different plan and
strategy of the
project.
can be maintained in
the project by
clarifying the
different process to
them, Also by
including them in
different decision
making process.

Project
Manager
Project Manager is
the one who is
responsible to carry
out the different
operation of the
project in a way that
it help the company
in achieving the
project goal very
efficiently. They
generally used to be
in touch with the
client to known
about different
requirement of their
in respect of
carrying out project
High Moderate They are the one
who used to make
the different
policy and pass
on to the different
employee and
interested party in
the organization.
Interest level of the
project manager can
be maintained in the
organization by
providing them by
providing them with
the good amount of
the clarity about the
different task which
has to be performed
by the project
manager. Also by
following the proper
guidance which is
provided by the
project manager in
the project.
Consumer Consumer are the
one who used to
avail the different
services which is
provided by the
organization in the
market. They are the
one for whom
different project has
been made
High Low They are the one
who used to buy
the product of the
company from
the market
Interest level of the
consumer toward the
product can be
improved by making
a product in the
market, which can
satisfy the need of the
consumer in the
market.
Resource
manager
Resource manager
are the one in the
Moderate Moderate To allocate
resources in a
Interest level of the
resource manager can