Project Description

This report depicts the role of new and tasty product manufacturing in the software industries to gain measurable revenue. After developing a description on this project a project deliverables considering the success criteria and assumptions will be prepared. In addition to this, based on project scope a Work Breakdown Structure (WBS) is also prepared in this report.

A project progress report will be prepared covering a Gantt chart, budget, planned deliverables risk review and personal reflection as well. All possible issues are categorized in this report and their impact in the consumers and other aspects are also elaborated in this progress report. In order to implement this project all needful elements are considered by the project heads.

These days the soft drink industry allover Malaysia is evolving like other technical growing industries. Ziq & Fiq Enterprise is a known Malaysia based soft drink manufacturing companies which is currently giving their attention on consumers demand and competitive market strategies. In order to gain effective competitive advantages and commercial revenue from soft drink demand market the food manufacturing company is coming with their new project “divine thunder”. According to this project, they will produce some flavored soft drinks for the customers of Malaysia. 

The possible deliverables considered for this project are as follows:

• To manufacture more flavored and tasty soft drinks for the global customers and also of Malaysian customers
• To gain competitive capabilities and competitive advantages in the global soft drink industry
• The company is attentive to become one of the global premier consumer product manufacturing companies for inspiring the moments of optimization as well as happiness. The company is also interested to design and develop certain market strategies through which the product lines can be extended and accordingly needful values can be created.  

Ziq & Fiq Enterprise is a Malaysia based soft drink manufacturing company which is focused to deliver tasty, unique, quality and affordable soft drink products to the Malaysian consumers. In this project the complete attention will be given to Ziq & Fiq Enterprise’s new product Divine Thunder. In this section a project team will be formed and according to the need of the project objectives the members will serve their attention. Apart from this, a project progress report will be prepared covering categorized issues, budget status, planned deliverables or project activities and network diagram with a Gantt chart. It is defined that the risks of overrunning cost and over allocated time will be completely minimized if theses specifications are properly followed.

This project is designed, developed and implemented with proper support of a project team. It has been defined that if all project team members play their allocated roles professionally then the project manager will be able to meet the project goals and objectives considering the success criteria and assumptions within estimated time. However, for reducing pressure from the team members the complex project has been divided into small segments. It is also determined that each of the segments is needed to be accomplished by the project team members. The progress of this project is dependent on performance of the project team members. If it is found that, the project team members are not enough efficient then the project will take longer time to finish. In addition to this, it may also result to overrunning cost. Both overrunning cost and over allocate time will lead a project towards failure. Thus, it can be said that professional performance from the project team member’s and project manager’s end will give a successful outcome in terms of the project outcomes. 

WBS	Task Name	Duration	Start	Finish	Resource Names	Cost
0	Manufacturing divine Thunder soft drink	72 days	Fri 5/18/18	Mon 8/27/18		$1,726.00
1	Project initiation	19 days	Fri 5/18/18	Wed 6/13/18		$345.00
1.1	Project scope statement	3 days	Fri 5/18/18	Tue 5/22/18	Project manager	$60.00
1.2	Project documentation	2 days	Wed 5/23/18	Thu 5/24/18	Project manager	$60.00
1.3	Project budget preparation	3 days	Fri 5/25/18	Tue 5/29/18	Project manager	$60.00
1.4	Project time estimation	6 days	Fri 5/25/18	Fri 6/1/18	finance manager	$45.00
1.5	Project team allocation	3 days	Mon 6/4/18	Wed 6/6/18	Project manager	$60.00
1.6	Project sponsors selections	5 days	Thu 6/7/18	Wed 6/13/18	Project manager	$60.00
2	Project planning phase	35 days	Thu 6/14/18	Wed 8/1/18		$673.00
2.1	Resource allocation	3 days	Thu 6/14/18	Mon 6/18/18	Project manager	$60.00
2.2	Product naming	3 days	Tue 6/19/18	Thu 6/21/18	business analyst , strategy developer	$98.00
2.3	Vendor assigning and suppliers selection	2 days	Fri 6/22/18	Mon 6/25/18	Project manager	$60.00
2.4	Assigning chemist for the new product	6 days	Tue 6/26/18	Tue 7/3/18	business analyst ,Project manager	$110.00
2.5	Preparing proper environment with new equipments	6 days	Tue 6/26/18	Tue 7/3/18	finance manager	$45.00
2.6	Equipment measures for new bottles	5 days	Wed 7/4/18	Tue 7/10/18	equipments , strategy developer	$128.00
2.7	Soft drink mixing equipments	5 days	Wed 7/11/18	Tue 7/17/18	chemist, factory workers	$80.00
2.8	Buying filling machinery	5 days	Wed 7/18/18	Tue 7/24/18	factory workers	$22.00
2.9	Conveyor system preparation	6 days	Wed 7/25/18	Wed 8/1/18	factory workers ,strategy developer	$70.00
3	Initial product manufacturing phase	10 days	Thu 8/2/18	Wed 8/15/18		$544.00
3.1	Water infusing with needful elements	1 day	Thu 8/2/18	Thu 8/2/18	chemist, factory workers	$80.00
3.2	Adding essence to the liquid	1 day	Fri 8/3/18	Fri 8/3/18	chemist	$58.00
3.3	Testing the drink	1 day	Mon 8/6/18	Mon 8/6/18	project quality tester	$56.00
3.4	Change approach	1 day	Tue 8/7/18	Tue 8/7/18	Project manager	$60.00
3.5	Changing the taste as per the demand	1 day	Tue 8/7/18	Tue 8/7/18	project quality tester	$56.00
3.6	Packaging soft drink bottle	1 day	Wed 8/8/18	Wed 8/8/18	factory workers	$22.00
3.7	Securing bottle from contamination	2 days	Wed 8/8/18	Thu 8/9/18	Project manager	$60.00
3.8	Water filtration	2 days	Fri 8/10/18	Mon 8/13/18	factory workers	$22.00
3.9	Automatic capping	2 days	Tue 8/14/18	Wed 8/15/18	bottle label manufacturer, bottle manufacturer	$130.00
4	Project closure	8 days	Thu 8/16/18	Mon 8/27/18		$164.00
4.1	Stakeholder signoff	3 days	Thu 8/16/18	Mon 8/20/18	Project manager	$60.00
4.2	Post maintenance program	2 days	Tue 8/21/18	Wed 8/22/18	project quality tester	$56.00
4.3	Reducing the hazards of falling bottles	3 days	Thu 8/23/18	Mon 8/27/18	strategy developer	$48.00

Risks	Impact	likelihood	Mitigation strategies	Ranking
Cost risk: This is referred to as one of the most typical escalation for project cost. Due to poor cost structuring an entire project may fail to reach project objectives and goal as well.	Significant	Possible	Feasibility study is the most effective and needful operation level strategy which will help the project managers to design the cost structure for the project. It has been defined, that an accurate  project feasibility study will help the project manager to understand that whether the project will give beneficial outcome to the company or not.	High
Performance risk: This is another risk for the project manager which may lead a project to failure. Performance of each and individual project team members will help the project manager to reach the project objectives. Performance risk can also negatively impact the schedule and cost.	Very likely	Significant	The HR executives of the company should arrange professional training and development program to give the project team members a strong strategic backbone. Training and development will help the members to develop their professional skills.	Extreme
Scheduling risk: Scheduling risk is another risk for this project which may cause overrunning budget. It is the role of the finance manager to take needful actions so that the challenges can all be mitigated.	Unlikely	High	Based on the project activities and other complexity the project manager should prepare the schedule of the project to make sure that no additional cost will be allotted for successfully complete the project objectives.	High
Operational risks: Due to poor implementation of process such as procurement, production and distribution of problems the soft drink manufacturing company can face serious operational risks.	Unlikely	Moderate	All the project process should be implement considering all needful functional elements. It will bring validate success for the project owners.	Medium
Legal risks: due to lack of preparation of legal and regulatory obligations such as contract risk and litigation risks huge legal risks may occur.	Unlikely	Minor	At the project initiation phase, proper governing activities and the legal actions are to be taken by the project manager and project team members to make sure that the project has meet the objectives.	Low

Deliverables

After analyzing the details of project management approaches and measure, it has been defined that in order to successfully accomplish any project within estimated budget and time it is the role of the project heads to design and develop the project considering all the project components. I have learned that, project management course is kind of a new experience from both the performance and learning point of perspectives. The practical knowledge I have gained from the project management theories will help me to implement any practical project. Innovation is a combination of creativity, collaboration, practical execution as well as added values to the products and services. It gave me a complete idea about systematic approach of project practices to design a product or service within estimated budget and time.

However, I have identified that there are certain factors those are needed to be considered by the project managers to successfully implement a project. In order to design a project as a customer oriented one certain term and conditions should be considered by the project executives and project team members. Communication management, resource management, contingency, procurement, risk management are the major aspects that are to be followed professionally by the project executives to accomplish a project. In order to reduce the overall work pressure from the team members how the project activities needs to be divided and also assigned to the resources are identified by the project managers and this idea is generated from the project management knowledge. I have also learned that professional communication will give me a direction following which a project can meet its success criteria and preliminary assumptions. In order to accomplish professional communication the media that are widely utilized by project managers include skype, whatsapp, google drive etc.

The overall market effectiveness will improve through professional project management practice execution. Regardless of the size of the company the project management approaches should be followed by the project managers and other project associates. The issues regarding scope creep, productivity and interdependencies among the project elements will become absolutely clear with the understanding of project management practices. I have learned on different steps including selection matrix preparation, rating over concept, concept ranking, combination and improvement on concepts, reflection over the processes etc. Above all I have learned that combination and successful execution of these steps will help the project manager to meet the project assumptions and objectives. All kinds of project related issues will be completely avoided through the professional project management approach.   

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