{"id":9139,"date":"2023-01-23T23:16:20","date_gmt":"2023-01-23T12:16:20","guid":{"rendered":"https:\/\/casestudyhelp.com\/sample-questions\/?p=9139"},"modified":"2023-01-23T23:18:12","modified_gmt":"2023-01-23T12:18:12","slug":"busi-1037-project-management-assignment-questions-to-answer","status":"publish","type":"post","link":"https:\/\/casestudyhelp.com\/sample-questions\/busi-1037-project-management-assignment-questions-to-answer\/","title":{"rendered":"BUSI 1037 \u2013 PROJECT MANAGEMENT ASSIGNMENT QUESTIONS TO ANSWER"},"content":{"rendered":"<h2><strong>Best Project Management- Case study Assignment Answer<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p><strong>Assessment Details<\/strong><\/p>\n<ul>\n<li><strong>\u00a0Words =1000+<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote>\n<p style=\"text-align: justify\">Do you want BUSI 1037 Project Management <strong><a href=\"https:\/\/casestudyhelp.com\/sample-questions\/\">Assignment Answers<\/a><\/strong>? We have professional Team of experts. Case Study Help Provide High Quality <strong><a href=\"https:\/\/casestudyhelp.com\/mba\/project-management-assignment-help.html\">Project Management Assignment Writing Help<\/a> <\/strong>in all over the World. For more details contact us!<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><a title=\"Order Now \" href=\"https:\/\/casestudyhelp.com\/MyOrder.php\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-9029 size-full\" src=\"https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2022\/12\/order-now.jpg\" alt=\"Order Now\" width=\"700\" height=\"87\" srcset=\"https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2022\/12\/order-now.jpg 700w, https:\/\/casestudyhelp.com\/sample-questions\/wp-content\/uploads\/2022\/12\/order-now-300x37.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><strong>Case Study<\/strong>: New Cookery Kitchen Retail Store<\/p>\n<p style=\"text-align: justify\">You are a project manager for Cookery Kitchen, a chain of retail stores specializing in kitchen utensils,\u00a0cookware, dishes, small appliances, and some gourmet foodstuffs such as bottle sauces and spices.\u00a0You\u2019re fairly new to the position, having been hired to replace a project manager who recently retired.\u00a0Cookery Kitchen currently owns 49 stores in Canada and 24 states in the U.S. The world headquarters\u00a0for Cookery Kitchen is in Toronto, Ontario. Counting full-time and part-time employees, the company\u00a0employees 1,200 people, 190 of whom work at headquarters.<\/p>\n<p style=\"text-align: justify\">The company\u2019s mission statement reads: \u201cGreat kitchen gadgets for people interested in great food.\u201d\u00a0Recently, the Vice President of Marketing paid you a visit. Doug Hartt is a very nice, well-dressed man\u00a0with the formal air you would expect a person in his capacity might have. He shakes your hand and gives\u00a0you a broad, friendly smile.<\/p>\n<p style=\"text-align: justify\">We\u2019ve decided to go forward with our 50th store opening! Sales are up, and our new line of ceramic\u00a0cookware is a hot seller, no pun intended. I don\u2019t know if you\u2019re familiar with our store philosophy, so\u00a0let me take a moment to explain it. We like to place our stores in neighbourhoods that are somewhat\u00a0affluent. The plain fact is that most of our shoppers have incomes of more than $150,000 a year. So, we\u00a0make an effort to place our stores in areas where those folks usually shop.<\/p>\n<p style=\"text-align: justify\">\u201cWe\u2019re interested in targeting the non-gourmet customer, one who is interested in cooking but won\u2019t\u00a0be making cheese souffl\u00e9. So, the stores are upbeat and convey a little bit of a laid-back feel, if you will.\u00a0\u201cOur next store is going to be right here in our home area \u2013 Vaughan. We have a store in Aurora and one\u00a0in Brampton, but none in Vaughan. Because this is going to be our 50th store, we plan on having a 50th\u00a0grand-opening celebration, with the kind of surprises and activities you might expect for such a notable\u00a0opening.<\/p>\n<p style=\"text-align: justify\">\u201cOur stores generally occupy from 2,000 to 4,000 square feet of retail space, and we typically use local\u00a0contractors for the build-out. A store build-out usually takes 120 days from the date the property has\u00a0been procured until the doors open to the public. I can give you our last opening\u2019s project plan so you have a feel for what happens. Your job will be to procure the property, negotiate the lease, procure the\u00a0shelving and associate store furnishings, get a contractor on the job, and prepare the 50th store\u00a0festivities. My marketing folks will assist you with that last part.<\/p>\n<h3 style=\"text-align: justify\"><strong> \u201cYou have six months to complete the project. Any questions?\u201d<\/strong><\/h3>\n<p style=\"text-align: justify\">You take a deep breath and collect your thoughts. Doug has just given you a lot of information with\u00a0hardly a pause in between thoughts. A few initial ideas drift through your head while you\u2019re reaching for\u00a0your notebook.<\/p>\n<p style=\"text-align: justify\">You work in a functional organization with a separate projectized department responsible for carrying\u00a0out projects of this nature. You\u2019ve been with the company long enough to know that Doug is high up\u00a0there in the executive ranks and carries the authority and power to make things happen Therefore,\u00a0Doug is the perfect candidate for project sponsor.\u00a0You grab your notebook and start documenting some of the things Doug talked about, clarifying with\u00a0him as you write:<\/p>\n<ul>\n<li>The project objective is to open a new store in Vaughan six months from today.<\/li>\n<li style=\"text-align: left\">The store should be located in an affluent area.<\/li>\n<li style=\"text-align: left\">The store will carry the full line of products from utensils to gourmet food items.<\/li>\n<li style=\"text-align: left\">The grand opening will be accompanied by lots of fanfare because this is the 50th store opening.<\/li>\n<\/ul>\n<h3 style=\"text-align: left\"><strong>You have a question or two for Doug.<\/strong><\/h3>\n<p style=\"text-align: justify\">\u201cIs there a special reason we have to open, let\u2019s see, six months from now, which is February 1?\u201d\u00a0He responds, \u201cYes, we want the store open the first week in February. Early February is when the\u00a0Garden and Home Show hits the Vaughan area. We\u2019ll have a trade show booth there. We know from\u00a0experience in other areas that our stores generally see a surge in sales during this month as a result of\u00a0the trade show. It\u2019s a great way to get a lot of advertising out there and let folks know where we\u2019re\u00a0located.\u201d<\/p>\n<h3 style=\"text-align: justify\"><strong>\u201cAnother question, Doug. Is there a budget set for this project yet?\u201d<\/strong><\/h3>\n<p style=\"text-align: justify\">\u201cWe haven\u2019t set a hard figure,\u201d Doug replies. \u201cBut again, from past experiences we know it takes\u00a0anywhere from $1.5 to $2 million to open a new store. And we don\u2019t want to forget the big bash for the\u00a0opening.<\/p>\n<p style=\"text-align: justify\">\u201cThanks, Doug. I\u2019ll get started with some project planning ideas right away. I\u2019ll use your name as the\u00a0project sponsor.\u201d<\/p>\n<p style=\"text-align: justify\">Doug concludes with, \u201cFeel free to come to me with questions or concerns at any time.\u201d<br \/>\nOne week later\u2026 You run across Doug in a hallway near the Boardroom.<\/p>\n<p style=\"text-align: justify\">\u201cDoug, I\u2019m glad I caught you. I\u2019d like to go over some questions I have on the project with you. Do you<br \/>\nhave a few minutes?\u201d<\/p>\n<h3 style=\"text-align: justify\"><strong>\u201cSure.\u201d Doug says to you. \u201cLet\u2019s have it.\u201d<\/strong><\/h3>\n<p style=\"text-align: justify\">\u201cUsing your estimate of $2 million as our initial budget request and based on the projected inflows you\u00a0gave me last week, I\u2019ve calculated the payback period of 16 months, with a rate of return of 22%.\u201d\u00a0\u201cThat\u2019s impressive,\u201d replies Doug. \u201cThat\u2019s even better than our Brampton store. If I recall, the payback\u00a0period there was just over two years. Let\u2019s hope those numbers hold true\u201d<\/p>\n<p style=\"text-align: left\">\u201cI think they\u2019re reliable figures,\u201d you say. \u201cI researched our data based on recent store openings in\u00a0similar-sized cities and factored in the economic conditions of the Vaughan area. Since they\u2019re on a\u00a0growth pattern, we think the timing is perfect.\u201d<\/p>\n<p style=\"text-align: left\">\u201cDoug, as you know, the project kickoff is coming up soon. What I\u2019ll need then is for you to tell\u00a0management about the project and goals, talk about the commitment you\u2019ll need from the\u00a0management team to support this project, and introduce me as the project manager.<\/p>\n<p style=\"text-align: left\">\u201cSounds like you\u2019ve covered everything,\u201d Doug says. \u201cEveryone is looking forward to this store opening.<br \/>\nOne week from today I\u2019d like you to present your approach to this project to senior management.\u201d<\/p>\n<h3><strong>QUESTIONS TO ANSWER<\/strong><\/h3>\n<p style=\"text-align: left\">1) What is the opportunity in the business?<br \/>\n2) You have a 30-minute presentation to senior management in one week. Please write out what<\/p>\n<p style=\"text-align: justify\">you will present to them in terms of your approach to this project. Senior management are\u00a0slightly familiar with the 5 phases of projects and the 10 knowledge areas, as they all took a one-\u00a0day course on Project Management Basics. They are keen to hear what you and your team will\u00a0plan and do to make this a successful project. The management team has indicated to Doug\u00a0that there is no room for failure.<\/p>\n<script type=\"text\/javascript\" charset=\"utf-8\" src=\"http:\/\/w.sharethis.com\/widget\/?wp=6.2.9\"><\/script>","protected":false},"excerpt":{"rendered":"<p>Best Project Management- Case study Assignment Answer &nbsp; Assessment Details \u00a0Words =1000+ &nbsp; Do you want BUSI 1037 Project Management Assignment Answers? We have professional Team of experts. Case Study Help Provide High Quality Project Management Assignment Writing Help in all over the World. For more details contact us! &nbsp; Case Study: New Cookery Kitchen [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[809],"tags":[9712,9714,9717,9715,9716,9713,9718],"_links":{"self":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/9139"}],"collection":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/comments?post=9139"}],"version-history":[{"count":2,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/9139\/revisions"}],"predecessor-version":[{"id":9141,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/9139\/revisions\/9141"}],"wp:attachment":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/media?parent=9139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/categories?post=9139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/tags?post=9139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}