Reference no: EM133419366
- Create a WBS for your project using the proper format (MS Word, MS Excel, Visio, or any other applicable format) to depict the WBS graphically (see Figure 4.1 from Chapter 4 of Successful Project Management). Alternatively, you may use a coded format using MS Word (see Figure 4.3 from Chapter 4 of Successful Project Management: as an example). The example is in MS Project format, but the same could be done in MS Excel.
- Create a project schedule that lists all of the core activities, dates (start and finish), and resources to complete your project. While it is recommended that you use MS Project, you can use MS Excel to create your schedule. Your project schedule must contain at least 30 separate activities or tasks, including the critical path.
The specific course learning outcome associated with this assignment is:
- Develop a work breakdown structure (WBS) and schedule for a project using appropriate digital tools (Word, Excel, Project, Visio, etc.)
use the information bellow:
Project Proposal
The project selected for completion within the next two years is loss control or prevention in a retail establishment like Walmart. Inventory management and customer or employee theft challenges adversely affect the profitability of retail establishments like Walmart, which have experienced losses amounting to billions. Hence, this project proposal details the goals and objectives, key customers and stakeholders, milestones or deliverables, and high-level timeline, including key tasks or deadlines, and estimates the overall costs or resources needed for the project.
Project Goals and Objectives
Project goals
- To prevent losses in the retail establishment.
- Implement loss control strategies in the retail establishment's front end, floor, stores, and receiving end.
- To ensure the sustainability of loss control measures implemented.
Project objectives
- To ensure more effective inventory management.
- To reduce shrinkage and resource wastage.
- To prevent customer and employee theft.
Key Customers and Stakeholders
Key customers
Key Stakeholders
- Retail employees.
- Retail management.
Key Milestones/Deliverables for the Project
- Sustainability in the implementation of loss control strategies in retail establishments.
- Financial reports indicating profits gained and losses prevented.
- Shrinkage or resource wastage reports signify areas where reductions were achieved.
High-Level Timeline of Key Tasks and Deadlines
7th March to 7th April 2023
- Training retail personnel on the meaning of loss control, different techniques, and their implementation.
8th April to 8th May 2023
- Recruitment, training, and deployment of independent loss control personnel to different retail store branches.
9th May to 10th August 2023
- Implementation of loss control measures in different retail stores, analysis of daily loss control reports, and presentation of quarterly performance to retail management and employees.
11th August to 11th December 2023
- Implementation of loss control measures in different retail stores, analysis of daily loss control reports, and presentation of quarterly performance to retail management and employees.
12th December 2023 to 12th February 2024
- Implementation of loss control measures in different retail stores, analysis of daily loss control reports, and presentation of quarterly performance to retail management and employees.
13th February to 7th March 2024
- Analysis of loss control reports for the last eleven months undertaken and final reports presented to retail management to prove the project's worth and secures support for the continued implementation of the project.
Project's Overall Costs, Key Staffing & Non-Staffing Resources
The overall costs for the project include the following:
Stationery - $1,000
Training - $7,000
Logistics support - $10,000
Wages & Salaries - $200,000
Miscellaneous expenses - $30,000
Total overall costs $248,000