Topic: saving a store from going out of business Remind us of your project by fi
ID: 355125 • Letter: T
Question
Topic: saving a store from going out of business
Remind us of your project by first providing a brief overview of the project scope.
Develop a set of activities necessary to accomplish this project (These likely will relate back to the deliverables and work packages you identified in the Unit 2 discussion).
Place these activities in order to create sequential logic.
Provide the predecessor activity(s) for each activity.
Provide your response in a table. For example:
Activity #
Description
Predecessor
1
Determine Equipment
None
2
Validate Equipment
1
3
Order Equipment
2
4
Prepare the location where the
equipment will be placed.
2
5
Receive Equipment
3
6
Setup Equipment
4, 5
Were any of your activities capable of being completed concurrently or did they all need to be completed as serial activities? Explain.
Identify at least two constraints that your project had.
Identify if the constraint was time, resource, or mixed. Explain.
Activity #
Description
Predecessor
1
Determine Equipment
None
2
Validate Equipment
1
3
Order Equipment
2
4
Prepare the location where the
equipment will be placed.
2
5
Receive Equipment
3
6
Setup Equipment
4, 5
Explanation / Answer
Activity planned
Topic-saving a store from going out of business
Activity No
Activity
Predecessor
1
Find the real cause of loss of business
2
Look at Profit and Loss sheet and analyze
1
3
Check for the no: of repeat customers and new customer
1
4
Check for order Value/Customer
1
5
Analyze the issue
1,2,3
6
List down the probable causes of business loss and prioritize them
5
7
Prepare an Action plan to tackle the problem areas
6
8
Implementation of action plan
7
9
Check for any improvement in Balance sheet and P&L.
8
Analysing P&L, customer data activities in activity 2, 3, and 4 can be done simultaneously.
There will be two contraints Time and Cost. As the store may go out of business soon if action not taken, time and cost are two big constraints which needs to be put under control in order to successfully complete the project
Activity No
Activity
Predecessor
1
Find the real cause of loss of business
2
Look at Profit and Loss sheet and analyze
1
3
Check for the no: of repeat customers and new customer
1
4
Check for order Value/Customer
1
5
Analyze the issue
1,2,3
6
List down the probable causes of business loss and prioritize them
5
7
Prepare an Action plan to tackle the problem areas
6
8
Implementation of action plan
7
9
Check for any improvement in Balance sheet and P&L.
8
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