Project Mgmt

PROJECT PROPOSAL 7

Project Proposal

Erica L. Smith

Professor Kimberly Taylor

Project Management

BUS 375

5/14/17

T ‘N’ T Event Planners

As the project manager of T ‘N’ T Event Planners, the main focus will be on our wedding event decorating service. This is the most lucrative event planning business hence reason for its selection. It has been observed that there is a capacity in terms of the market share our company dominates. This means that we can acquire more customers for our service provision than the current numbers we are working with.

According to Ozkan, N. (2015), a goal is a more long term achievement that is desired while objectives are short run activities implemented in strategies aimed towards goals. The project proposal will be guided by the following goals. The first is to have an overall increase in the number of customers we are serving, that is, the maximum numbers per month possible. The second goal put in place is the need to optimally use all the company resources available by using them efficiently and conveniently. This involves both human and financial resources. The third goal will be to be the most respected and sought after company in the wedding decorations industry. This will aim at cementing the reputation of the company. In terms of objectives, the first priority will entail research on consumer perceptions towards our company in general and our services. This will help in in pointing sectors within the service provision that need improvement. Our second objective will be to analyze our financial records and documents to note any in discrepancies that may arise from the information and do away with any if detected. Another of our objectives will be to perform a survey on the whole company staff with a purpose of improving our work force efficiency through job satisfaction strategy. The general improvement of all employees will eventually lead to an overall improvement in activities and performance of the company.

The target and main consumers are couples that are currently involved in their wedding arrangements and are looking for a company such as T ‘N’ T Event Planners to deal with decorations of the whole wedding. Generally, the couple getting married is the main stakeholders. Other stakeholders might include the wedding planner, the videographers and photographers, accommodation and catering services.

The key deliverables for the project will include a noticed improvement in net returns from events that will have been as a result of the efficient execution of analysis of financial records objective. This deliverable will also be achievable through efficient use of company’s financial and human resources as stated earlier. Another deliverable will be the increase in number of our clients contacting .This will come to pass if the strategies put in place yield results which will be observed through comparison with previous customers choosing our company. In addition to this, another major deliverable will be regularly positive feedback from most if not all of our serviced consumers. This will be a reflection of our quality customer service from their experiences.

The implementation of the strategies and overall plan will require a timeline to ensure accomplishment. Depending on the number of jobs the company will be assigned per month, the financial planning should commence immediately since financial records are readily available. Within the first week of the strategy activities, the financial analysis should be complete. With regards to improving the departmental functions in terms of employee activities, training programs should be availed to the necessary employees within the first two weeks after knowledge of their perceptions in the working environment. Training might take a considerable amount of time hence the need to ensure the deadline of two weeks is met. This will help in evaluating whether the training was effective after the first few jobs following the program implementation. The attitudes of consumers can be assessed within the first consecutive three events. This process will be continuous as work is conducted and will be given a deadline of the first three events to acknowledge what the consumers prefer and what should be changed by then. This will ultimately depend upon how fast these jobs are completed and when they are available to the company.

The first thing a couple should consider is their wedding budget months before the wedding (Callaway, 2007). The same way a wedding requires vigorous planning, as T ‘N’ T Event Planners, we should take into consideration our budget for the whole plan. There are many strategies to be implemented that need financing. Through analysis of our financial records, we can be able to estimate a reasonable budget that is within our capabilities. Another factor to consider is the fact that rushing strategies of the project ultimately increase cost of the project, (Gray & Lawson, 2005). After consideration of these factors, the estimate budget is approximately USD. 10,000. The major staffing resourced needed are the training instructors to carry out the training exercise. A panel of researchers is also needed to carry out the research and obtain the relevant information on perceptions of both the employees and customers. Non staffing resources will include financial assets and financial leverage if need be.

The greatest challenge that faces this project is the risk of dishonest responses from the employees and consumers during their attitude and perception analysis. Erroneous data occurring from this may result in failure of one of the major goals of improving customer satisfaction in order to get more consumers. It may also lead to inefficiency of company activities if there is lack of enhancement in employee undertakings. This task can be tamed through encouragement of honesty from both parties to be as honest as possible in their responses by taking a positive approach throughout the survey process.

References

Callaway, N. (2007). Easy wedding budget worksheet.

Gray, C. F. & Lawson, E. W. (2005). Project management: The managerial process.

Ozkan, N. (2015). From a Cloudy View Towards a More Structured Approach for Business