Mr Project Mangement

In: Business and Management

Submitted By gagan164
Words 641
Pages 3
As a consultant you have been asked by the Universal Retail Corporation (URC) to develop an implementable project plan for a point of sale and stock control system for a proposed chain of retail outlets across Australia. You have been supplied the following information, information not available maybe assumed, this will be a competitive bid targeting the dual goals of quick implementation and low cost.

Universal Retail Corporation (URC) is an aggressive player in the growing electronic gadgets market with a plan to open a chain of retail outlets to further their growth in the market and to combat the growing competitive threat from online purchases. Outlets will be located in major cities in seven states. The larger cities will have more than one store. Critical to sales is monitoring sales and stock turn to ensure adequate stock is available when demanded. Each store will be responsible for day-to-day operations, however, there is a strong central management structure at the national level.

The services provided by the organization include volume buying to gain discounts, pricing,merchandising strategies, and consolidation of performance reporting for the corporate management.The Information Systems Department at URC's corporate office has been given the assignment to develop a transaction processing system that will apply modern RFID (Radio frequency identification) code scanning, starting at the warehouse and linking to points of sale, to provide automatic inventory control. The system will also relieve the store personnel of the tedious task of generating sales and performance reports as required by the head office.

An earlier project has successfully defined the store level hardware that will be used at the points of transaction plus the "cloud" communications network that will connect the stores with the state offices. This hardware consists of…...

Similar Documents

Health Mangement

...the program? What role should the Duke University Medical Center play in the proposed program? Will we be able to obtain the required certificate of need (CON) from the State of North Carolina’s Department of Health and Human Services? Will there be opposition to the CON from surrounding hospitals? What costs are likely to be incurred in the required renovation, construction, medical equipment, and staffing?” He continued, “As you all know, one of the factors pressing a quick decision is the desire of Dr. R.S."Chris” Christy to return to the staff of the hospitals after completing his fellowship in cardiovascular surgery. He is being heavily recruited by other medical centers.” Mr. Bette then asked Bob Wall, president of Cabarrus Memorial Hospital (CMH), to address the board on the issue. Mr. Wall said, “As we all know, our cardiac catheterization service is run by a Duke Medical Center physician. Our intent has been for the surgical portion of the heart program to be provided by Duke. Dr. Christy is completing a heart surgery residency through Sanger Clinic and wants to return to Concord to practice. Needless to say, we face a dilemma and there are very different points of view in our medical staff as to the structure and relationship involved in developing a full-fledged heart program at CMH. I bring this to your attention now because Dr. Christy has to make a career choice before January 1st.” Trustee Battle reminded everyone, “Dr. Christy grew up in our......

Words: 599 - Pages: 3

Events Mangement

...return from the tourists the tourism in Brazil has increased since 2004 according to “ministry of tourism” which has had a massive positive impact in Brazil’s economy. The carnival is a very important part of the Brazilian history and it’s a time where the community’s come together and celebrate and forget there day to day struggles which Brazil is known to be going through this event has helped Brazil to be recognized internationally as it is known by its vibrant colourful costumes , dances and music . Brazil is still improving the impacts which is affected by the carnival they are trying to minimised all the crime which is involved and also in the same time trying not to upset there residents. Reference List Bowdin G (2001). Events Mangement. Great Britain: Heineman. 80-97 JULIANA BARBASSA . (2012). Rio Carnival: bigger, brighter ... more organized?. Available: Last accessed 31/01/13. Sarah de Sainte Croix. (2012). Rio’s 2012 Carnival in Numbers: Daily. Available: Last accessed 31/01/13. Sarah de Sainte Croix. (2012). Residents Brace for Neighborhood Blocos. Available: Last accessed 31/01/13. no author. (no year). Tips to Rio de Janeiro drugs poverty. Available:......

Words: 1407 - Pages: 6


...Section A Scene 1 meeting room It was lunch break. Chris (Chris Stephano) who is the team leader gave a detailed description of an urgent team project, and asked for volunteer to complete the work. At the same time, people in the meeting room exchanged pleasantries and jokes. Chris’s thought: why not? No once was volunteering for the project! Chris’s flashback: it was like university days when a team project had been due and none of the team member helped. Despite my last ditch so effort, the project had been given a fail grade. The project was of major importance to the company and require hours of rework. It would have a difficult and time consuming task for the people who volunteer for. Rodderick Cage: my workload had doubled since Lou Chan went on paternity leave. Rebecca Spalding: my workload was now the heaviest since the system changed. Phil Bosevic(missed out the recent promotion): I was understaffed and could not take on any new work. Wasim Shan: I had only on the job for weeks and will be transferred in net fortnight. Merilyn Hue: I was going on special leave next week that had been approved. After everyone replied. Chris spoke to Phil pleasantly: I’d appreciate it if you would complete the data for the project and………… Phil suddenly ran out of the room. Scene 2 Managing director’s office Chris rushed down the hall into managing director’s office, slammed the door and glared at Dr Cora Harvey. Chris: none of them would help......

Words: 359 - Pages: 2

Risk Mangement

...Research Studies–Proposal Requests Risk Management Section Research Topics BACKGROUND and PURPOSE The Joint CAS/CIA/SOA Risk Management Section Research Team was formed in 2005 to pursue research of interest to risk management professionals. Since its founding, the team has initiated and completed several research projects that have helped to propel Risk Management knowledge forward and set the framework for future efforts. In keeping with its desire to add to the risk management body of knowledge, the team is interested this year in receiving proposals for research on a number of specific topics. The specific topics are enumerated in the Research Objective section of this document with the intention to formally initiate projects on 3–4 of the topics this year. RESEARCH OBJECTIVE To advance knowledge in risk management, the Joint CAS/CIA/SOA Risk Management Team would like to receive proposals related to the following topics. The description of each of the topics has deliberately been written to be brief and open-ended in order to give potential proposers sufficient latitude in the development of the proposal: 1. An analysis and/or proposals of methodologies that can be used for validating models and providing effective model risk management. Considerations in addition to model validation may include sound development, implementation, and appropriate use, governance, and control mechanisms, board and senior management oversight, policies, and an appropriate......

Words: 1060 - Pages: 5

Project Mangement Ii

...Project Management II 1. Which projects would you recommend Handstar pursue based on the NPV approach? * The spreadsheet bellow summarizes the NPV calculations for the six projects assuming the development costs are incurred at the end of year zero and each product has a three-year life. Since the six projects require a total of 13,025 development hours and only 10,000 hours are available, one or more projects will need to be postponed or eliminated from further consideration. If we start with the project with the highest NPV, the Browser project would be selected first requiring 1,875 hours of development time. Next, the Trip Planner would be selected requiring an additional 6,250 hours of development time. The project with the next highest NPV is the Spreadsheet project. However, this project requires 2,500 hours and only 1,875 hours are available after selecting the Browser and Trip Planner projects. The project with the next highest NPV is the Calendar/Email project which requires 1,250 hours of development time leaving 625 hours available. Of the remaining projects, the Portfolio Tracker requires too many hours while the Expense Report project can be completed with the hours available. Thus, Browser, Trip Planner, Calendar/Email, and the Expense Report projects would be selected based on the NPV approach. 2. Assume the founders weigh a project’s NPV twice as much as both obtaining/retaining a leadership position and use of the Internet. Use...

Words: 260 - Pages: 2

The Mangement Techniques

...The Mangement techniques are designed in such a way that can be used in almost all complicated situation. There is list of “softer" managerial &’’ tough’’ managerial skills that turns average performers to star performer. It should be noticed that what ultimately differ the good to great achievers with the help of these management skills. The benefits of various Managerial approaches are: 1. Hawthorne effect Frederick Taylor's introduced some influential ideas, so that individual’s performance can be improved . Hawthorne established some social context which was influence through external surroundings. The experimenters concluded that changing the physical conditions as well as working hours, rest breaks improves the workers' productivity. This approach has led to increase production with lower Absenteeism. (The Economist, 2014) 2. SWOT analysis The advantages SWOT analysis is its low cost. It can be done by anyone who understands the situation. It consume less time for addressing the complex situation. It does not require any external consultant .It helps to understand problem while addressing weaknesses with the deter threats at the same time. Most importantly it helps to capitalise opportunities with the understanding of strengths. 3. Centralization While Centralization of decision making helps in Reducing cost of the budget. It also leads to uniformity in action of top management. Its impact is more clearly visible due to existence of personal......

Words: 452 - Pages: 2


...the three P’s nothing is possible(Case)”. Out of all the technological, invention, innovative projects that Case has been apart of, he has been capable to test and prove accuracy of his 3 P’s theory and that it is truly a formula for success. Along with the three P’s, Case also believed that it necessary to “swing for the fences” and take risks that no one else would dare think about doing (Case). With the birth and growth of AOL, came ample success, as well has opened the gateway for additionally innovative technology. Case and his partners took risks that other companies refused to take, such as the “razor and blades” concepts, and once they finished one project, whether it succeeded or failed, they were also looking for the next project that would take the world by storm. (Case) Although, Kouzes approaches his philosophy from a different point of view, he uses the same elements as Case does with his three P’s. Kouzes utilizes a system which he calls “the five basic points that leaders should use motivation”. His five points are model the way, inspire a shared vision, challenging the process, enable others to act, and encourage the heart (Kouzes). The five principles, according to Kouzes will shape and model an effective leader. Enable others to act and challenging process are both steps that deal with the commitment that the leader and his followers pour into specific project. This step reflects their drive, endurance, and hard work. One step actually correlates......

Words: 995 - Pages: 4

Sustainability Mangement

...environment but this theory just avoid that. Analysis for the application of chosen approaches for sustainable management In respect to the Shell group, the two approach has been selected in the context of sustainable mangement need to be analyzed properly so that they can be implemented in real perspective. The materials to be analyzed will lead the shell to consider which approach will lead to best way in attaining sustainability. Analysis for Carroll’s four part of CSR Model The analysis that must be made for applying this approach for attianing sustainability are described as follow Cost benifit analysis The first factor that Shell group has to analyse is the cost benifit analysis which indicates the required amount of money against the action taken for the implementation of the approaches. How much money or man power will cost for the company to apply this approach, this question will be answered by this analysis (Rowendal, 2012). Shell will consider the profit or the benifit of CSR activities as well as balance the cost of conducting those these activities. It will just look at its long term benifits without focusing much on the current benfits in applying this approach. Moreover , it has to determine the social benifits and social costs to project the proper analysis. Figure : Cost-benifit analysis Source: Water polution Most of the Shells refinary plants are located near the rivers and lakes. Though Shell took various......

Words: 4511 - Pages: 19

Agile Project Mangement

...Agile Project Management What are the Benefits and Challenges? What is Agile Project Management? ○ Agile Project Management is family of incremental, iterative development methods for Completing Projects What is Agile Project Management? ○ Agile project management is related to a rolling wave and scheduling product Methodology ( Larson, 594) ○ This type of project management allows more things to get completed using the same people and resources. What is Agile Project Management? ○ This type of project management allows more things to get completed using the same people and resources. Agile Project Management When the project team makes the change from traditional project management to agile project management there will be some adaption of the process needed by the team. The team will need to change their entire thought process. v=ioYMSyCCVgc ○ The use of communication in agile project management ○ Communication is the Key process in Agile Project management Communication ○ Customer Involvement helps to make sure that the customer is satisfied with the project on each step of the process. ○ Stakeholders and Business owners may initiate a project but may not actually do any of the work Iterations ○ Agile project management users Iterations ○ Iterations are short time frames that typically last from one to four weeks in length Variety......

Words: 953 - Pages: 4


...Practically sells itself,if it gives most quality for money Buyers admire well-made products and can appraise product quality and performance. * The Selling Concept * * THE SELLING CONCEPT Consumers , if left alone , will not buy enough of company’s products. Therefore, promote sales aggressively. And,build profit through quick turnover. * (3) SELLING CONCEPT Consumers have normal tendency to resist. Produce Sell it Consumers Aggressive selling & promotion efforts Making sales becomes primary function and consumer satisfaction secondary . * The Marketing Concept * (4) MARKETING CONCEPT “ LOVE THE CUSTOMER , NOT THE PRODUCT ” Consumers Produce it Market it Learn what they want(MR) Sell what they want(Satisfy needs of customers) * THE MARKETING CONCEPT The key to achieving organizational goals consist in determining the needs and wants of target markets and delivering the desired satisfactions more effectively and efficiently than competitors. And build profit through customer satisfaction and loyalty. * * The Societal Marketing Concept * Marketing and Sales Concepts Contrasted * (5) THE SOCIETAL MARKETING CONCEPT It is Marketing Concept (+) Society’s well being. Balancing of following three considerations while setting marketing policies : -Customer’s want satisfaction -Society’s well being ......

Words: 1404 - Pages: 6


...Wong Hong Ting N9240535 D.W.F Entertainment Ltd. BSD 115 VB Final Report – Part 2A Semester 3, 2014 Date of submission:11/12/2014 Tutor’s name: Mrs Ken Chi Nair Tutorial day and time: Tuesday, 11am to 12.30 pm Word Count: 550 words 1.0 Introduction D.W.F. Entertainment Ltd has received a series of complaints from the loyal customers because the overall quality of services has dropped over the last 6 months. The purpose of this report is to identify and analyse the underlying causes that led to the low quality services of casino and relate it to the functions of management which are leading and planning. This report will also provide recommendations to solve the lack of top management commitment to service quality. 2.0 Definition of service failures Failures in service delivery can result in negative outcomes, such as decrease in customers’ confidence, loss of reputation, negative evaluation from customers and loss of customers permanently (Spreng, Harrell & Mackoy, 1995). 3.1 Problem Identification First of all, the lack of top management commitment to deliver excellent service is one of the underlying cause that resulted in low quality of services. Numerous of reports have proven that management commitment to service quality is a crucial determinants of employee attitudes in providing excellent services (Hartline & Ferrell, 1996).It is critical that management committed fully to service quality and affect the......

Words: 2151 - Pages: 9

Project Mangement

...This article was downloaded by:[UNISA University of South Africa] On: 3 October 2007 Access Details: [subscription number 780765665] Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK Construction Management and Economics Publication details, including instructions for authors and subscription information: Project management competence in public sector infrastructure organisations Pantaleo Mutajwaa Daniel Rwelamila a a Graduate School of Business Leadership, University of South Africa, UNISA 0003, South Africa Online Publication Date: 01 January 2007 To cite this Article: Rwelamila, Pantaleo Mutajwaa Daniel (2007) 'Project management competence in public sector infrastructure organisations', Construction Management and Economics, 25:1, 55 - 66 To link to this article: DOI: 10.1080/01446190601099210 URL: PLEASE SCROLL DOWN FOR ARTICLE Full terms and conditions of use: This article maybe used for research, teaching and private study purposes. Any substantial or systematic reproduction, re-distribution, re-selling, loan or sub-licensing, systematic supply or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or...

Words: 8487 - Pages: 34

Projcet Mangement

...Projcet Mangement Question 1 Review one of the pages from your local newspaper, and try to identify all the projects contained in the articles. How many were you able to find? You must highlight all of them. From the articles that you had chosen, explain the definition of a project. Why did you classify them as ‘project’? Answer 1 I have chosen two articles extracted from The New Straits Times (Business Times B2) – from the 15th November 2014 issue. There are two (2) articles that I have found that can be classified as a “project’   1. AirAsia Eyes Higher Load in 2015   a. This article entails a project – new cooperate building that is slated to begin in December 2014 and is scheduled to complete by June 2016 which defines a life span of a project and has defined objective of constructing a new building.   b. It is unique as it is a 60 story building dubbed RedQ with an estimated floor area of 613,383 square feet.   c. A building cost of close to RM 140 million with the purpose of serving as a its new cooperate headquarters satisfies the elements of cost and performance requirements that defines a project.   d. It requires cross orginizalation participation because the proposed corporate building is to accommodate multiple departments with various individual and or specialized requirements and needs which involves the input and collaboration for various organizational participates.       e. This building has the element of risk and uncertainty as it......

Words: 333 - Pages: 2

Project Mangement

...Within this picture, there are indications that some authorities are beginning to experience greater challenges in continuing to manage funding reductions. While the sector as a whole has coped well with funding cuts, there are emerging signs of potential financial stress at some authorities. In addition, though casualties have continued to go down overall, there are potential signs these improvements are slowing down in some areas. While we did not find a correlation between changes in casualty figures and funding reductions, these trends deserve further study. 25 Were funding reductions to continue in future years, the sector would be faced with twin challenges: to implement new cost-reduction measures, and to manage increased risks. projects to date, their challenge now will be to explore ways of reducing their own long- term While authorities have implemented some innovative service transformation costs, rather than primarily adding value to other sectors. Where cost reduction leads to further reductions in operational capacity, meanwhile, this may create risks: for example, to firefighter safety, the potential shrinking of the service as a whole, and the possibility of industrial action. It would be important for authorities to seek assurance that such risks were being successfully managed. 10 Part One Impact of funding reductions on fire and rescue services Part One Changes in income 1.1 Since 2010-11, government funding for fire and rescue services......

Words: 14918 - Pages: 60

Project Mangement

...Culture influences negotiation through its effects on communications and through their conceptualizations of the process, the means they use, and the expectations they hold of counterparts' behavior. Culture provides the context for negotiation because it takes place within the framework of a culture's institutions and is influenced by its norms and values. Culture is a key factor affecting negotiation processes and outcomes. Negotiation practices differ from culture to culture. Culture provides the "negotiating style"  the way persons from different cultures conduct themselves in negotiating activities. Culture determines the way people perceive and approach the negotiating process. They have specific perspectives on power, time, risk, communication, and complexity. Thus cross-cultural negotiators bring into contact unfamiliar and potentially conflicting sets of categories, rules, plans, and behaviors. The cross-cultural negotiator cannot take common knowledge and practices for granted. Difficulties sometimes arise from the different expectations negotiators have regarding the social setting of the negotiation. The cultural differences consistently influence international business negotiations. This indicates that even though some universal characteristics of international business negotiation are generally recognized, negotiators from specific cultures view negotiations as a particular style. They emphasize different priorities of goals, the negotiation process, and...

Words: 480 - Pages: 2