MGT201A Project Management Assignment Sample
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Introduction
In the context of this project Woolworth’s marketing plan selected. Woolworths is a well known retail company in Australia. The company is doing business well in the urban areas. But, in the business evaluation, it is found the sale of the company in the rural areas is low as compared to urban areas. In the consideration of this, board member of the company and management decided to enhance the marketing activities in the rural areas to that company can increase sales in these areas. Along with this, it is also found that special project team is developed for the completion of this project.
Aim and objective
The main objective of this project is to increase the awareness of Woolworth in the rural areas. Aim of the company behind this is that it wants to increase the sales in the rural areas. At the same time, increased in the sale will increases the market based for the company. However, it can be assumed that the main aim of this marketing project is to increase the overall sales and achieve the competitive advantage. Furthermore, it is also found that the completion of this marketing plan will increase the brand awareness of the company in the people and increase the present in the market. It will be helpful for the company to improve the overall performance of the company (Sheth and Sisodia, 2015).
Required team and person
In the completion of this project, a marketing team developed by the Woolworth. This marketing team involves senior marketing manager, junior marketing manager, employees and the sales boys. The manager level employees are responsible for developing the strategies and objective for the marketing activities (Chernev, 2018). In this, it is found that employees are responsible for the implementation of the plan according to the prepared marketing plan. Furthermore, it is also found that companies selected some sales boys from their marketing team that are performing well in the urban areas.
Financial Budget
In order to complete this marketing project, the company allows a fixed financial budget. This amount is equal to one million dollar. In this, it is found that this money will be spent on the different activities in the marketing plan. During the completion of this marketing plan, this found that there is need to improve the website of the company. Salary or payment is also required for employees that are selected for this project (Strauss, 2016). Along with this, cost of the advertisement in the new paper, social media, banner, promotion of the website, direct marketing, free sample and discount or free coupon are also cost of the marketing project.
Duration
In order to increase the sales and customer base in the rural area, the prepared marketing plan is developed for three months. Initially, company wants to looks the benefit of the marketing project or activities in the sales of the company (Stelzner, 2014). After the analysis of the result, company will make the final decision regarding the carry on the project in the future.
Stakeholder of the project
It is the significant aspect of the project that is essential to discuss. The term stakeholder is related to people that are associated with the project. In the other words stakeholder of the project can be determined as the person that will be affected by implementation of the project. In this, it is also found that the main stakeholder of this project will be customer, supplier and competitors as the external stakeholders of the company (Brown, 2016). On the other hand, as the internal stakeholder, manage and employees are recognised.
Example of the project stakeholders | ||
Affected by the project process
|
Internal
· Management · Employee · Board of directors
|
External
· Customers · Suppers · Government · Competitors
|
Affected by the project result |
· Management · Employee · Board of directors
|
· Customers · Suppers · Government · Competitors |
Stakeholders identification and priorities matrix | |||||
Customers | Supplier | Employee | Manager | Competitor | |
Power | 4 | 3 | 4 | 5 | 3 |
Interest | 3 | 3 | 5 | 5 | 3 |
influence | 2 | 2 | 2 | 5 | 3 |
impact | 2 | 5 | 5 | 5 | 3 |
urgency | 2 | 2 | 2 | 5 | 1 |
legtimancy | 1 | 2 | 1 | 4 | 2 |
Total | 14 | 17 | 19 | 29 | 15 |
Priority | 5 | 3 | 2 | 1 | 4 |
Alternative Breaks Project Stakeholders Metric | |||
Stakeholder | Interest in project s | Priority | Support/ Mitigation Strategy |
Customer | Low | Key | Attract to them |
Supplier | Low | Other | Get the support from them |
Manger | High | Key | Develop the strategy |
Employee | High | Key | Implement the strategy |
Competitor | Moderate | Other | Analyse and develop strategy |
Project Decision Making | |
Personal Method | When |
Responsible person decided | Project planning |
Sponsor decided | Project planning |
Event decided | Project planning |
Channels decided | Project planning |
Budget decided | Project planning |
Stakeholder Engagement Assessment Matrix | |||||
Stakeholder | Unaware | Resistant | Neural | Supportive Leading | Leading |
Volunteers | C | D | |||
information service | C | D | |||
referral centre | c | D | |||
Legal service | C | D | |||
Registration staff | C | D |
Stakeholder Communication Strategy Considerations | |||
Purposes | Responsibility | Method | Timing |
· To determine the goal and objective · To determine relationship between different parities (Ottman, 2017) · To identify the communication topic · To select the responsible person · To develop the cooperation among the staff
|
· Team leader
· Team leader
· Team leader
· Team leader
· Team leader
|
· Face to face meeting · Face to face meeting
· Email and message · Email and message
· Face to face meeting
|
· 2 days in a week
· 2 days in a week
· 2 days in a week
· 2 days in a week
· 2 days in a week
|
Alternative Breaks Projects Communication Matrix | |||||
Stakeholder | Learn from | Share with | Timing | Method | Owner |
Customer | Needs | Personal and social relation | Daily | Adverting | Board Site |
Employee | Ability | Profession relation | Weekly | Company | |
Manager | Experience | Profession relation | Weekly | Company | |
Supplier | Relationship | Business relation | Weekly | Company | |
Competitor | Competition | Business relation | Weekly | Advertising | Company |
Project Meeting Agenda Template | |||
Project team ; Marketing | Date; 15 April 2018 | Time: Three months | Place: Sydney |
Purpose | |||
Topic | Person | ||
Review agenda | |||
Summary | |||
Meeting evaluation |
Project Meeting Minutes Template | ||
Project team | Date | Time |
Members Presents | Marketing department | 3 months |
Decision made | Manager | |
Issues log | Marking | |
resolved issue | Sales and customer base | |
New Issues | Needs of the customer | |
Action item | Person Responsible | Completion date |
Meeting Evaluation |
Risk Management
In the project management, risk is also a significant element that can affect the project negatively. In this way, there are also some risks associated with this marketing project that can affect the final result. In this, it is found that changing the customer needs and lack of the sufficient money can affect the project.
Conclusion
From the above discussion, it can be concluded that knowledge of the project management is significant to get the effective results in the context of a project. The concept of the project management includes the various elements such as the aim and objective of the project, timeline, project budget, need of the required person, stakeholder of the project. Along with this, it is concluded that changing the customer needs and lack of the sufficient money can affect the project.
References
Brown, S. (2016). Postmodern marketing: dead and buried or alive and kicking?. In The marketing book (pp. 43-58). UK: Routledge.
Chernev, A. (2018). Strategic marketing management. Cerebellum Press.
Sheth, J. N., and Sisodia, R. S. (2015). Does marketing need reform?: Fresh perspectives on the future. UK: Routledge.
Stelzner, M. (2014). Social Media Marketing Industry Report. Social media examiner, 1-52.
Strauss, J. (2016). E-marketing. UK: Routledge.
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