The company and business
product for this paper is BUFFALLO WILD WINGS, self-service beer taps.
For this assessment, you will develop a
project management plan focused on profitable and sustainable operations; the
basis for this project management plan will be the company and business
product, service, or other idea from the business plan you created in the
Marketing and Strategy course (Buffalo wild wings). In your project management
plan, you will manage the scope-time-cost parameters of the project by
assessing relevant obstacles and risks. You will determine appropriate risk
mitigation strategies for your project, while also considering future
innovations and profits.
Develop a project management plan
for the company and product, service, or other idea.
I. Operations Management: In this section, you will
assess the history and trends of operations management, focusing on the
business or company from your business plan in the Marketing and Strategy
course. Specifically, you should:
a) Assess the significant forces
that have shaped operations management in recent history. How did these forces
impact the business operations of your company? If your company does not yet
exist, how do you envision these forces will impact the business operations of
your company?
b) Critique the key obstacles and
issues that confronted company management during the evolution of operations
management into the modern era. How did your companyΒs management handle these
obstacles? If your company did not exist then, how do you think they would have
responded to these issues?
c) Assess changes to operations
management philosophies and organizational structures in response to the
evolving complexity of business operations. In other words, what has changed
and why?
d) Analyze the business operations
of your selected company. Consider questions such as these in your response:
What organizational processes does the company use? How do the business
operations support the strategic plan, mission, and vision of the company? What
factors affect productivity and profitability?
e) Determine the key trends in
production, quality, resource, and information management with a focus on the
business o
perations of your company.
f) Assess the impact of these key
trends on the business operations of your selected company and on the business
product, service, or other idea in your business plan.
II. Operationalization: In this section, you will
discuss the operationalization of a business opportunity, specifically the
business product, service, or other idea from your business plan in the
Marketing and Strategy course. Specifically, you should:
a) Project the potential costs,
risks, and benefits of operationalizing your business idea. Your projections
should be supported with rationale. [MBA-690-04]
b) Develop a work breakdown
structure for your business idea. Your work breakdown structure should include
at least three tasks with at least three subtasks each.
c) Provide a narrative justifying
each task and subtask that is part of your work breakdown structure.
d) Identify key milestones,
deliverables, and resource requirements associated with operationalizing your
business idea based on your work breakdown structure. The key milestones,
deliverables, and resource requirements should be supported with an explanation
of how they will help the project meet scope-time-cost objectives.
e) Assess potential obstacles and
impediments to meeting scope-time-cost objectives of the project, supporting
your assessment with rationale.
f) Determine appropriate risk
mitigation strategies to address the obstacles, impediments, and risks you have
identified.
III. Life Cycle: In this section, you will discuss
the life cycle of your business product, service, or other idea from your
business plan in the Marketing and Strategy course. Specifically, you should:
a) Describe the life cycle of the
business idea. Focus your response on the future of the business idea,
specifically on its growth and eventual decline.
b) Assess the profit generation and
cost-saving opportunities associated with the business idea based on the life
cycle you described. Your assessment should be supported with rationale.
c) Determine a phase-out plan for
your business idea that ensures a sustainable solution that makes way for
future innovation and profit streams. Ensure that you justify the steps in your
plan.