change format to be bulleted. FOR (KATETUTOR)

BOUNDARIES

The boundaries of this project are; only the manager and the secretary of Good Hope will have access to the organizations’ files. This is because if all he staff members are allowed to accesses the data or information of the organization, it is sure that the organization's information will no longer be a secret, especially to its competitors. It is therefore very crucial to only have at least two individuals who can access the data or file of the organization. These are the only people who will be having he access codes to the data. This will promote the confidentiality of the company’s information.

So as to help the project manager to set boundaries on the project scope, the following will not be included in the project;

New employees of the organization, shareholders of the organization, staff members from other companies, family and friends of the organization manager, security guides of the organization, apart from the director and the secretary of the company, no one will have been given the access cards to the organization's information, auditors of the enterprise. However, they will only have access to the files if

granted permission by the manager, members of the society will not also be part of the project.

Major Risks

Just like all the other businesses, the Jumping Bean Coffee Shop is likely to be accompanied by many risks. Factors such as uncertainty in market conditions, financial problems, and a depressed economy pose a threat to the successful launching of a company (Morris, 2011). Therefore, business owners should be able to identify the risks they may encounter in the implementation of a business plan and come up with risk management strategies. The shop is likely to face several risks.

First, the ideal location of the enterprise may exceed the set budget for the project. In a case where the required amount is more than the funds available, the shop faces a financial risk that may even hinder other key operations. The management should, therefore, determine if the expected revenue will be able to meet the financial obligations of the enterprise.

Second, the actual space to be leased may be smaller than expected, or rigid in that the necessary changes to the room are difficult to implement. Here, the contractor can also ask for additional charges for the construction. Third, the enterprise may lack the specific design supplies of materials forcing it to increase costs or to complete change the original layout. The management should, therefore, ensure the availability of these supplies. Fourth, the management is not guaranteed that it will find the exact furniture and fixtures, and this may consequently result in missed deadline or additional costs.

Also, the project may be forced to go beyond the exclusions by purchasing coffee machines in a case where the company that leases these materials fails to deliver. These leasing companies are known to fail on the last day by stating that all the materials have been rented out (Morris, 2011). This risk may force the enterprise to incur a significant amount of costs that was initially not in the budget.

Although there are no similar businesses in the mall, the management faces the risk of low

demand. They should perform a thorough market analysis to assess the market potential of the coffee products. Lastly, there may be difficulties when obtaining licenses and permits from the government. The verification procedures may take longer than expected resulting in missed deadlines. Furthermore, it faces the risk of rejection for diverse health reasons.