LÊ THÁI MINH TRÍ

GBS0506 – GBS17097

INTRODUCTION
In numerous organizations, they generally have undertakings to increase particular advantages, for
example, salary or enhancing the items or clients' fulfillment. In this task, I will clear up how to
complete a venture consolidating with the moving components or helping apparatuses.

LO1 Establish project aims, objectives and timeframes based on the chosen theme
P1. Devise project aims and objectives for a chosen scenario.
Project management is the task, process, strategy, aptitude and experience that is utilized to
accomplish the venture goals.
A task is an interesting, transient undertaking, embraced to accomplish arranged goals, which
could be characterized as far as yields, results or advantages. A venture is normally esteemed to
be a win on the off chance that it accomplishes the targets as indicated by their acknowledgment
criteria, inside a concurred timescale and spending plan.

Crosswise over businesses and capacities, conventional project management is performed utilizing
a standard arrangement of five key stages, or process gatherings. These procedure bunches give
an intelligent partition between the key components of dealing with an undertaking, which can
enhance the accomplishment of a venture.

+Project Initiation: project initiation is the first of the five key phases of venture administration
and sets the course for the rest of the task. Amid this stage, you will comprehend the business need
and motivation behind the undertaking, for the most part by making a business case. The business
case ought to portray the business setting around the task and characterize the quantifiable
objectives or results that the undertaking plans to accomplish.
+Project Planning:

Once the undertaking gets the green light, it needs a strong arrangement to manage the group, and
also keep them on time and on the spending plan. An elegantly composed undertaking design gives
direction for getting assets, securing financing and obtaining required materials. The venture

1
design gives the group heading for delivering quality yields, dealing with hazard, making
acknowledgment, imparting advantages to partners and overseeing providers.
+Project Execution:

This is the stage that is most ordinarily connected with venture administration. Execution is tied
in with building expectations that fulfill the client. Group pioneers get this going by dispensing
assets and keeping colleagues concentrated on their doled-out errands. Execution depends
intensely on the arranging stage. The work and endeavors of the group amid the execution stage
are gotten from the undertaking design.
+Project monitoring and control:
Observing and control are once in a while joined with execution since they frequently happen in
the meantime. As groups execute their undertaking design, they should continually screen their
own particular advance. To ensure conveyance of what was guaranteed, groups must screen
assignments to counteract scope crawl, figure key execution markers and track varieties from
designated cost and time. This consistent watchfulness helps keep the undertaking pushing forward
easily.
+Project Closure:
Groups close a venture when they convey the completed undertaking to the client, imparting the
finish to partners and discharging assets to different tasks. This imperative advance in the task
lifecycle enables the group to assess and record the undertaking and move to the following one,
utilizing past venture slip-ups and triumphs to manufacture more grounded procedures and more
effective groups. Despite the fact that undertaking administration may appear to be overpowering
now and again, separating it into these five particular cycles can enable your group to oversee even
the most complex activities and utilize time and assets all the more admirably.

Defining objectives, scope, purpose and deliverables to be produced.

For the better venture, individuals have decided different components which bolster promote
investigation and plans. They separate the undertaking into three specific perspectives which are
objective, degree, purposes, and expectations.

Objective: Before beginning the task, the chief needs to figure out which are their destinations.
The targets can be the plans to expand wage or building a house even a major building. In the
meantime, they additionally set the term up for the undertakings or each progression.

2
Scope:

Project scope is the piece of undertaking arranging that includes deciding and reporting a rundown
of particular task objectives, expectations, highlights, capacities, errands, due dates, and eventually
costs. In the other word, we can state that task degree is the organization is wishing archivable
things. The headers need to achieve the adapt first since it has solid affections on the undertaking
life cycle, for example, calendar or cost. Following Jason Gotto, who is an advertising
administrator, he characterized in his post that some the headers ought to decide the angles, for
example, item and process prerequisite; picking right skate holder and decide the constraints.

Product requirement: Basing on the end question, the chiefs need to discover the prerequisites or
assets to achieve the venture. For instance, we are making the arrangement for an opening bistro.
At that point they need to answer the inquiries such what number of tables they require, what
number of representatives will be utilized or how much spending plans they will utilize.
Subsequent to achieving the considerable arrangements of necessities, individuals discover the
prerequisite for opening the bistro.

Process necessity: Subsequent to completing the item prerequisites, they have to check the
prerequisite for forms. For cases, the bistro proprietors need to pay cash for artisans or the financial
plans for sites or daily papers to discover the representatives or expert barkeeps. On the off chance
that the organization has done well on the procedure prerequisite, they can decrease more
unforeseen costs.

Amend partner association: In each task, there will be in excess of one partner taking an interest
in the undertaking. Every one of the partners has a particular part in each influence of the
undertakings. For instance, the bistro supplier will partake toward the finish of the task. They
should convey the different sorts of bistro powders. On the off chance that they don't send, the
organization can't open. At that point the undertaking will be deferred. Along these lines, picking
right partners will maintain a strategic distance from the postponements and unfortunate costs.

Restrictions: the vast majority of the confinements are the unpredicted occasions, for example,
issues while they are preparing the procedures. At that point it won't be the rundown in the degree.
In any case, the venture proprietors must have the reinforcement arrangements or costs, so the task
won't be undermaintained. For example, the cost of the furniture raises up quickly. At that point
the bistro proprietors require additional costs to pay.

3
Subsequent to finishing the degree, the proprietor will make an agenda of the undertakings
including every single past perspective. By along these lines, the directors of the offices can present
effortlessly for the representatives and ready to check the status of the means.

Purposes: the motivations behind the activities are the fundamental reasons why individuals do
that extend. For instance, the bistro proprietor makes the bistro store to acquire salary for their life.
Then again, it can be the administration influencing a recreation center to extend to enhance nearby
individuals' lives.

Expectations: Expectation is a piece of the undertaking and has the significance of giving the yield
of a stage to achieve the finish of the task. The deliverable can be unmistakable or elusive things.
For instance, we can utilize film mark as an example. The video recorder will convey the scenes
or the short movie for the executives. In addition, they have to give the licenses to the music or
verses. We can see that they convey a substantial thing. Also, the clients feeling phenomenal about
the film are immaterial things that they send to the film team.

P2: Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources
Project introduction:

In 1924, Rudolf Dassler and his sibling Adolf Dassler had mutually shaped the organization called
Gebrüder Dassler Schuhfabrik ( Dassler Brothers Shoe Factory). After that, in 1948, the company
PUMA was officially found. There is no limit to the ages that PUMA sneakers are always popular
with.
Name of the project: Legit sneakers
Owner of the project: Le Thai Minh Tri
Segment: The store selling PUMA sneakers
Purpose of the project:
Nowadays, the sneakers should be become popular because the utility, persistency and suitable
with many styles. Trong số đó, PUMA shoes is known to many many by beautiful design, medium
price and high durability. So I choose PUMA for my project.
Objectives of the project:

4
In the wake of doing the venture, it may be entangled for low-level positions in the divisions to
recognize what they have to do unequivocally. At that point they may accomplish increasingly or
less assignments, so it takes more cash from the task. In the event of tackling this issue, individuals
have made the technique which is called "Work Breakdown Structure" (WBS). For the definition,
it is visual to realize that individuals utilize this device to break the undertaking into a particular
structure, so every division knows precisely what they have to achieve. Rather than taking a gander
at the mind boggling undertaking, representatives and supervisors just spotlight on their branch in
the venture and make the required expectations. In addition, individuals likewise utilize it for sorts
out and characterize the aggregate extent of the venture.
Scope:
The store will work for quite a while. The store will center around offering quality shoes and
making an agreeable space for clients. The store will work following 2 months for readiness.
Above all else, I needs to lease premises and have a work allow. Notwithstanding finding the
correct place to effectively draw in clients, particularly youngsters, understudies, organizations.
The store will work on all days of the week and shut down at 10:00 pm. There are dependably
motivators for customer's commonplace clients.
Deliverables: To start with, I will center around the fundamental PUMA shoes and will have all
the more new forms of hues and plans as the business is productive.
The project initiation phase
Determinations: The main branch will be situated in the focal region of the city. Also, this place
is frequently swarmed with swarms so it's anything but difficult to draw in clients. On the
opening day, there will be a markdown program for everybody. The staff will serve every one
professionally to influence the client to feel great when they go shopping. To begin a task
notwithstanding for extensive scale yet like this yet in addition need to take after the means and
be entirely overseen. Need statistical surveying and rivalry audit, see what shortcomings and
qualities they additionally decide the components of this store. Need a business enrollment
endorsement at the earliest opportunity, the more probable the accompanying procedure will
happen speedier. Crafted by the staff will likewise be plainly isolated, who will work for
particular occupations.
Time: The normal time to work this shop is 5 years. After this timeframe, if the business goes well
and returns obviously, I will grow the field I need to form and put into another market. In the first
or two month, Basic V will center around enlivening, setting up the transported in products and

5
showing delightfully. Not just that, the enrollment and preparing of workers is likewise critical to
note.
Cost: These shoes will generally center around youngsters as understudies. So I will set a sensible
value conceivable through the wellspring of products from the close and less expensive than the
market cost.
Quality: What influences them to return to shopping is the genuine esteem that the shoes they
purchase from my store. The center esteems that we needs to bring are the top notch shoes at a
sensible cost, bring clients extraordinary releases tennis shoes of PUMA that difficult to come
purchase, and above all the fulfillment of the individuals who come to my store.
Risk: During the activity there will be a wide range of dangers and troubles and to confine it we
will have yet design, arranged ahead of time to conquer such dangers. Most importantly, there
ought to be a strict staffing framework that can control things identified with the store, yet in
addition guarantee an agreeable, open to workplace. Notwithstanding the extensive market and a
ton of rivalry will be troublesome for a new company. It requires numerous variables to have the
capacity to develop. My store needs to make sure that with regards to those dangers, it will in any
case have the capacity to stand and go for the objective.

The Investment

6
No Items Quantity Price (VND) Total (VND)

1 Air conditioner 1 15,000,000 15,000,000

2 Banner 1 1,000,000 1,000,000

3 Camera 4 2,000,000 8,000,000

4 Counter 1 2,000,000 2,000,000

5 Decoration 1 20,000,000 20,000,000

6 Display cabinet 1 4,000,000 4,000,000

7 Laptop 1 20,000,000 20,000,000

8 Mirror 4 500,000 2,000,000

9 Receipt printer 1 2,000,000 2,000,000

10 Shelves 5 2,000,000 10,000,000

11 Sofa 1 3,000,000 3,000,000

12 Cost estimates 13,000,000

13 Total 100,000,000

7
 Fixed cost For a month

Rent fee 20,000,000

Electricity 5,000,000

Water 500,000

Internet 1,000,000

Employees 20,000,000

Total 46,500,000

Expenses 1

8
 Variable cost For 1 pair of shoes

Ingredient 800,000

Packaging 200,000

Total 1,000,000

Price 1,500,000

Annual Revenue

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

Total 100,000,000
investment
Equity 100,000,000
Bank loan -
Duration 5
(years)

9
Payback -
period
Pair of 100 150 200 300 450
shoes/month
Revenue 1,800,000,000 2,700,000,000 3,600,000,000 5,400,000,000 8,100,000,000

Fixed cost 558,000,000 558,000,000 558,000,000 558,000,000 558,000,000

Variable cost 1,200,000,000 1,800,000,000 2,400,000,000 3,600,000,000 5,400,000,000

Profit before 42,000,000 342,000,000 642,000,000 894,000,000 2,142,000,000

tax
Tax 20%
Profit after 33,600,000 273,600,000 513,600,000 715,200,000 1,713,600,000
tax
Loan 0 0 0 0 0
principal
payment
Annual 33,600,000 273,600,000 513,600,000 715,200,000 1,713,600,000
cashflow

Net present value (NPV) is the difference between the present value of cash inflows and the present
value of cash outflows over a period of time. NPV is used in capital budgeting to analyze the
profitability of a projected investment or project.

10
 The following is the formula for calculating NPV:

In this equation:

Ct = net cash inflow during the period t

Co = total initial investment costs

r = discount rate, and

t = number of time periods

Year 0 1 2 3 4 5

Annual (100,000,000) 33,600,000 273,600,000 513,600,000 715,200,000 1,713,600,000

cashflow

Discounted (100,000,000) 30,545,454 226,115,702 385,875,281 488,491,223 1,064,010,779

cashflow

r 10%

NPV 2,195,038,439
VND

A positive net present esteem implies a superior return, and a negative net present esteem implies
a more regrettable return, than the arrival from zero net present esteem. It is one of the two
reduced income systems (the other is inner rate of return) utilized as a part of near examination
of speculation recommendations where the stream of wage shifts after some time

11
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion
Gantt Chart

Week 1 2 3 4 5 6
Market
research
Ideas and
goals
Renting and
buying
furnitures
Decoration
Recruitment
and training
Setting and
grand opening
Marketing

12
Work Breakdown Structure:
In the wake of doing the venture, it may be entangled for low-level positions in the divisions to
recognize what they have to do unequivocally. At that point they may accomplish increasingly or
less assignments, so it takes more cash from the task. In the event of tackling this issue,
individuals have made the technique which is called "Work Breakdown Structure" (WBS). For
the definition, it is visual to realize that individuals utilize this device to break the undertaking
into a particular structure, so every division knows precisely what they have to achieve. Rather

Legit Sneakers

Renting and
Marketing Ideas and Recruitment Setting and
buying Decoration Marketing
research goals and Training Open store
furnitures

Setup Discount 10%

Buying the recruitment of digital
survey by Y/N make an idea on the first
furniture equipment personnel marketing
and short week
questions.
Objectives Take the Decorate
furniture to Training
Asking and Goals store
renting place
around 50-100
people
Renting the
place

than taking a gander at the mind boggling undertaking, representatives and supervisors just
spotlight on their branch in the venture and make the required expectations. In
addition,individuals likewise utilize it for sorts out and characterize the aggregate extent of the
venture.

LO2 Conduct small-scale research, information gathering and data collection to generate
knowledge to support the project
To develop your business, we should get a handle on the patterns and inclinations of the greater
part of purchasers in Vietnam. Keeping in mind the end goal to be more precise we have directed

13
overviews to get criticism from clients of various ages with various inquiries to know their
inclinations and assessments.

Question 1: How do you feel about the QUESTION 1

price of our shoes?
Excellent Good Average Not good Bad

Response Number of Responders

8% 0%
Excellent 15 12% 30%
Good 25
Average 6
Not good 4
50%
Bad 0

Question 2: How do you feel about the

quality of shoes? QUESTION 2
Excellent Good Average Not good Bad
Response Number of Responders
Excellent 12
Good 28
Average 10
Not good 0
Bad 0

14
 Question 3: How do you feel about the
service served in the store ? QUESTION 3
Response Number of Responders Excellent Good Average Not good Bad
Excellent 9

Good 10

Average 15

Not good 3

Bad 3

CONCLUSION
To sum up this assignment, I have a broad view and acquire learning about doing the undertaking.
I thought making venture is simple, yet it isn't. Presently, I can break down the dangers or chances
that I can pick up or misfortune from preparing the undertaking. Through the NPV, I have better
choices in contributing or not.

15