Deliverable 7 - JBH Project Plan
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DELIVERABLE 1 - KINGSTON-BRYCE KICK-OFF PROJECT PLAN 5
Deliverable 1 Revised- Kingston-Bryce Kick-off Project Plan
Jamie Raines
Rasmussen College
GEB3422CBE Section 01CBE Business Project Management
Felicia Roquemore
October 18th, 2020
Deliverable 1 – Kingston-Bryce Kick-off project plan
Introduction
Kingston-Bryce Limited is a custom furniture manufacturing company that specializes in hand-crafted dining room tables. The Board of Directors has identified an opportunity to purchase a competitor that also specializes in custom furniture, which will enable KBL to expand operations and triple their workforce. The project will take 18 months to complete. The project plan below outlines important information regarding purchasing the new company. It will provide details such as the tasks and milestones, key stakeholders, project descriptions, and project timeline.
Tasks and milestones
Different tasks and milestones are required for Kingston-Bryce Limited to purchase another furniture company. The tasks also need to be completed within 18 months. The project plan below has broken up the significant milestones by quarters. The milestones indicate the completion of essential tasks. They motivate the project team members to ensure that they finish their tasks within the specified time. Work-breakdown structures and Gantt charts are essential in outlining the project tasks and milestones. WBS involves breaks down the project deliverables into smaller elements. On the other hand, a Gantt chart refers to the visual view of tasks scheduled over a specified duration.
Project plan
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Work-breakdown structure |
TASKS AND MILESTONES |
LEADER |
START |
END |
DAYS |
% DONE |
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1 |
Planning |
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Monday, November 2, 2020 |
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1.1 |
Establish a Team |
[Student's Name] |
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1.2 |
Amalgamation Kick-Off meeting |
[Student's Name] |
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1.3 |
Amalgamation Planning |
[Student's Name] |
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1.4 |
Collection of data |
[Student's Name] |
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2 |
Strategy Execution |
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Monday, November 9, 2020 |
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2.1 |
Establishment of Integrated Services (HR, IT, etc.) |
[Student's Name] |
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2.2 |
Standardization of Workflow |
[Student's Name] |
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2.3 |
Analysis of labor and material reduction |
[Student's Name] |
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2.4 |
Organization & Client Communication |
[Student's Name] |
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2.5 |
Designing the Site |
[Student's Name] |
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2.6 |
Manufacturing Layout |
[Student's Name] |
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2.7 |
Consolidation of the Warehouses |
[Student's Name] |
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2.8 |
Logistics |
[Student's Name] |
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3 |
Monitor & Control |
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Monday, October 18, 2021 |
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3.1 |
Identify notable developments |
[Student's Name] |
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3.2 |
Employee Training and evaluation |
[Student's Name] |
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4 |
Project Closing |
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Wednesday, June 1, 2022 |
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4.1 |
Review |
[Student's Name] |
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Project description
Kingston-Bryce Limited deals with custom furniture, mainly specializing in hand-crafted dining tables. KBL board of directors identified a chance to buy a competitor in the same industry. The acquisition will enable Kingston-Bryce Limited to expand its operations and triple its employees. The project will take 18 months to complete. The objective of the plan is to ensure successful completion of the company acquisition.
The main problem to be addressed in the project is the evaluation of the feasibility of the company acquisition. There are different risks involved in the process such as client retention, adjustment of KBL into the new change and even misalignment of the objectives of the companies. The employees may not be able to adjust to the new partnership. Hence, more employee training will be needed to ensure competency at their work.
Key stakeholders
These are people, groups, or establishments that may influence the project's decisions, activities, and outcomes. This project's internal stakeholders include KBL management, team manager, accounting managers, and team participants (Pinto, 2019). External stakeholders include suppliers, competitors, and clients.
Timeline
The project timeline for the KBL project is 18 months. The project will be commenced on November 2, 2020, and end on or before June 2, 2022. The timeline will help track and manage the planned project tasks by breaking down the project's lifespan into smaller durations.
References
