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| Quality Template |
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| Success Measures |
Who needs the information? |
Why do they need it? |
How timely and accurate must the information be? |
How will the measure be validated? |
Assumptions |
Format |
Media |
| Goal |
| To expand Kitchen Heaven's operations and take advantage of the organization's increasing sales. |
Increase the number of Kitchen Heaven stores to 50 |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ascertain the successful completion of the project. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
An audit will be conducted to ensure that the new store is opened within the specified time and budget. |
The organization will get stakeholder buyin and support for the project. |
N/A |
Face to Face/ Virtual Meetings |
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| Have a payback period of 19 months, with an IRR [internal rate of return] of 6 percent. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To acertain if the project has met the projected ROI. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
Also, an audit will be conducted to see if the new store meets the set financial objectives wihtin the set deadline. |
Also, the market in Colorado Springs will be good enough to support the proejcted sales. |
N/A |
Face to Face/ Virtual Meetings |
| Purpose |
| To open Kitchen Heaven's 50th store 6 months from now. |
Opening of new store by Feb 1 with a grand party. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ascertain if the project has been completed by the set deadline. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
The project sponsor will commission the new store on the agreed date. |
The organization will get a lease on suitable property on time. |
N/A |
Face to Face/ Virtual Meetings |
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| Ensuring the opening coincides with the Garden and Home Show Conference. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ensure the conference provides an avenue for promoting the new store. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
Also, a check will be made to ee if the Garden and Home Show Conference contributes to promoting and advertising the new store. |
Also, the development of the project will adhere to the budget and time constraints. |
N/A |
Face to Face/ Virtual Meetings |
| Outcomes |
| To create a new store based on the estimated budget within 6 months. |
Establishment of a new Kitchen Heaven store in Colorado Springs. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ascertain the successful completion of the project. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
The project team will monitor the development and commissioning of the new store and submit a detailed report on the same. |
Local authorities will authorize the project and faciltiate any necessary licenses. |
N/A |
Face to Face/ Virtual Meetings |
| To have a Grand Opening celebration for the store. |
To have a trade show booth at the Garden and Home Show Conference. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ensure the conference provides an avenue for promoting the new store. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
Also, the project team will ensure there are Kitchen Heaven representatives in the Garden and Home Show Conference to promote the new store. |
Also, the Garden and Home Show Conference will be held during the set date. |
N/A |
Face to Face/ Virtual Meetings |
| To have a payback period of 19 months, with an IRR [internal rate of return] of 6 percent. |
To meet or surpass the projected ROI. |
Kitchen Heaven Stockholders Kitchen Heaven Employees Kitchen Heaven Management |
To ascertain if the project is profitable or not. |
The information should be accurate and relayed on time to allow stakeholders to implement corrective actions if necessary. |
A financial audit will be carried out to validate the finanical results of the new store within the 19 month operation period. |
There will be a significant customer buy-in to support the required sales to meet the proejcted ROI. |
N/A |
Face to Face/ Virtual Meetings |