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Running head: Up Company

Up Company 1

1. Key Stakeholders and Potential Stakeholders

The key stakeholders in the UP Company include owner, chief marketing officer, chief executive financial officer, suppliers, designers, customers and employees. According to Witt and Stahl (2016), key stakeholders need to be engaged in important decision-making processes of an organization. Company will make sure that the key stakeholders are involved in various actions of the organization.

Stakeholder	Contributions
CEO-Doaa (internal stakeholder)	Owner will be responsible for making sure that operations are aligned with the needs of the targeted customers.
Chief Executive Marketing Officer- Ahad Alhaydari (internal stakeholder)	Chief marketing officer is responsible for marketing products of the company.
Chief executive financial officer- Tasnim Alfuridi (internal stakeholder)	Chief executive financial officer contributes to keeping financial position of the company stable and healthy.
Suppliers (external stakeholder)	Suppliers will be responsible for making sure they supply gym machines that are of high quality and other services that can ensure high quality gym services and Deliver the order on time.
Employees (internal stakeholder)	Employees are responsible for offering high quality services that can assist customers in enhancing their physical exercise.
Investors (external stakeholder)	Investors contribute to the project by providing more funds that can assist in the expansion of the company.
Customers – The employee who are working in the company (external stakeholder)	Customers provide information concerning their taste and preferences for gym services.
Designer (internal stakeholder)	Designer contributes to the company by coming up with gym service packages that can meet the needs of the targeted customers.

2. Classifying Stakeholders

Name/Role	How involved	Condition for satisfaction	Plan to deal with issues
Doaa /CEO	Owns the project	The set objectives achieved	Owner plans to address issues that hinder company from achieving the set objectives
Ahad Alhaydari/Chief Executive Marketing Officer	Involved in marketing the products of the company	Increased number of workplaces seeking gym services	Plans to deal with issues related to marketing
Tasnim Alfuridi/Chief Executive Financial Officer	Involved in managing funds of the company	Accountability and transparency in the handling of company finances	Plans to address financial issues such as shortage of funds
Gym Machines company/Suppliers	Involved in supplying the necessary equipment	Supplying high quality equipment’s to meeting the set standards	Plans to deal with transportation issues affecting supplies
Privet and Public Companies/Investors	Involved in providing funds for improving service delivery	Increasing the pool of funds for improving operations	Deals with issues like lack of information concerning returns from investments
Employees / Who are working in UP	Involved in the service delivery to the customers	Customers feeling satisfied by the gym sessions	Plans to deal with issues related to customer complaints
Employees/Customers	Involved in providing information needed in designing of the products and services	Having information appropriate for designing the gym sessions	Plans to deal with issues like lack of the appropriate information.
Designer / Design the Gym	Involved in designing gym services that can meet needs of the targeted customers	Coming up with designs that are in line with the company objectives	Plans to deal with issues like inappropriate designs that are in line with interests of customers.

3. A RAM/RACI Matrix

The project will ensure that the different employees of the UP Company have their respective responsibilities. According to Meredith, et al. (2017), specifying the duties and responsibility of workers in projects is crucial in avoiding conflict of interests among the workers. As a result, the duties and responsibilities of the different employees in the project are clearly explained below.

Responsbility Assessment Matrix
A-accountable I-informed C-consulted R-responsible	Ahad	Tasnim	Doaa
Task name
Market research	R,A	I	A
Management	C	I	R
Funding, Budgeting	A	R	R,I,C
Designing	C, A		C
Marketing	R	1	I, A
Communication	A, R	C, I	R

4. A Communication Matrix

Communication is important in projects as it helps in making ideas clear among the stakeholders. According to Yap, Abdul-Rahman and Chen (2017), communication helps in achieving project success as the key stakeholders can be able to share and understand the set objectives. For example, through clear communication map in the project can assist in ensuring that the goals set are achieved.

Communication Matrix
Communication	Frequency	Format	Owner	Marketing
Action items follow up	Daily	E-mail	CEO	Marketing officer
Weekly status update	Weekly	E-mail	CEO	Marketing officer
Risks review	Weekly	Face to face presentation	Accounting officer	Accounting officer
Budget usage	Monthly	Face to face presentation	Marketing officer	Marketing officer

5. A Breakdown of Work (WBS)

The activities of the UP project will entail procurement of the appropriate equipment, marketing of the gym services, designing gym and conducting marketing research. These activities will be integrated to achieve the set objectives of the project.

6. The Initial Schedule

The project will take three months where the management will start with listing the companies. The activities of the project will spread within the three months where the management will put the necessary measures in place to start operations.

Tasks	First Month	Second Month	Third Month
Listing the companies	Implementation
Marketing	Implementation
Making offer for companies		Implementation
Signing a contract with gym machine company		Implementation
Finding designer of the gym		Implementation
Designing the gym		Implementation
Starting operations			Implementation
Handing over the Project			Implementation

References

Meredith, J. R., Mantel Jr, S. J., & Shafer, S. M. (2017). Project management: a managerial approach. John Wiley & Sons.

Witt, M. A., & Stahl, G. K. (2016). Foundations of responsible leadership: Asian versus Western executive responsibility orientations toward key stakeholders. Journal of Business Ethics, 136(3), 623-638.

Yap, J. B. H., Abdul-Rahman, H., & Chen, W. (2017). Collaborative model: Managing design changes with reusable project experiences through project learning and effective communication. International Journal of Project Management, 35(7), 1253-1271.

Michael Campbell, (2014). Project Management, Sixth Edition.

Find a Designer

Agreement with GYM company

Marketing

Start Desgin the Gym

Make a list of companies

Communicate with them

Make an offer for companies

Sign the Contract

Sign with them

They will Deliver the Machines

Finish the project