At the Introduction stage, we want to launch our juice in 3 different sizes: We should also develop strong brand equity. To penetrate the market, we will use average cost per customer. In Bangladesh, the domestic companies are Pran, Starship, Arong, Danish, Acme and the foreign companies are Shezan, Tiffany, Cyprino, Alowba Dutch Lady, Foster Clarks, and Rasna etc. A project issue is an event or condition that has negative consequences for a project. To cerate and maintain a very healthy growth of business with desired image ensuring the quality first. Poorly defined goals or goals without objectives pushes a … And we believe that, if our six month action programs will run well, then we will achieve our goals easily. To be among the top 3 food and beverage companies – regardless of packaging (canned and paper) in one third of the metro markets in which it will compete by 2008 and two thirds by 2010. Then we will launch family size pack of 1liter. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization? • Skilled labor: for operating equipment are not there. New-born (Pvt.) 23/06/2009 at 11:17. After the Introduction stage, more product and packaging variation will be offered. We are also contriving to monitor any deviation from our plan including monthly sales and monthly expenses. With the growing problem of poor communication in mind, all of these communication breakdowns can be boiled down to three distinct problems. Among various processing technologies (canning, dehydration, pickling, provisional preservation, bottling etc), freezing is one of the most popular methods for preservation of foods. PackagingThe frozen products are packaged into bags. Distribution strategy will be more intensive, that is consumers will be getting our product more easily in nearby stores. Total requirement of water about 11210 gallons per hour is available from the projects own deep-tube well with purification and deionization plant. Without having a properly defined set of goal… Premium A study by PMI shows that 37% of project failures are due to a lack of clearly defined objectives and milestones to measure progress. Annual requirements of natural gas lubricants grease etc. Then we will launch our product in to the market. Marketing channels: Improved product will diversify links to higher grade buyers. The plant and machinery for the existing project have been procured under the guidance of the project consultant the major machineries have been imported from Taiwan, Pakistan and USA and others have been locally procured. 1. Usually other company introduces only traditional juice like- lemon and orange. No Preservatives or extra tastes will be added. We want to use a triangle tetra pack for children. Our marketing-mix strategy is based on superior performance in the following areas: Our marketing strategy will create awareness, interest, and appeal from our target market for what New-Born offers our customers. This model report will serve as guidance to the entrepreneurs on starting up such a new project and basic technical knowledge for setting up such a facility. In the primary stage we will launch our juice in 3 different sizes: Junior (100 ml), Classic (220 ml), and Standard (500 ml). PROBLEM 1: A&D HIGH TECH (25 POINTS) The product management aspect of this case is showing its age: published in 2006, and set in 2002 - 3. No private owner is interested to take this project. In this stage of our product’s life cycle, sales are expected to be low. Mango is a fruit, which more or less every one in our country knows starting from the rich to the poor. As mango is a summer fruit and it is a very juicy fruit it self. "Problems Of Project Management In Bangladesh" Essays and Research Papers . In this stage, we will again go for selective distribution. (4) Legally Protected: Our new product CHOICE brand mango juice is copyrighted and registered. Under the GATT agreement where Bangladesh is also a signatory, tariff barriers are to be slowly lowered. We will also observe our distribution channel regularly and support them. Merely said, the project management problems and solutions shijueore is universally compatible later than any devices to read. Our second year objective is to sell 30,000 liters juice, which price is1, 500,000 and we will capture 6 percent market share, and hope to achieve the break-even point. Henry Kissinger, US Secretary Of State(1973-1977), pointed Bangladesh as ‘’a bottomless basket’’ in 1974. Bangladesh is a developing country. We will use heavy promotional activities; advertising, personal selling and try to build product awareness among early adopters. All the packing materials except wooden crates labels plastic containers and net bags are imported. A, manage this growth. This assignment helped us define, design, deliver and develop the project process and applying this gathered knowledge to our work associated fields in near future. The project idea was generated from secondary sources and supported by feasibility testing. 100 So we will consider the cost effective concept for making profit. The mango juice project is a manufacturing project, so that its function will be a continuous process. LO2. CHOICE mango juice has five major strengths: (1) Experienced And Expert Management and Board: We have a very experienced and expert management and board which helps us to produce a good and a very promising new product. Finally, we will use customer satisfaction studies to gauge market reaction. Our primary consumer target is kids, children and young, where taste will vary at each offering. the project • Risks: Potential problems that may arise • Issues: Risks that have happened • Gantt Chart: A specific type of chart showing time and tasks. 1 project is defined as a collaborative enterprise, involving research or design, that is carefully planned to achieve a particular aim. Spring 2014 To earn a strong profit base and to ensure an adequate return on investment, To obtain a return on investment at least 20 percent, To make it a Public Limited Company and offering of IPO by 2011, Preservation of produce for 9-12 months without changing the basic characteristics and nutritional value of the food. Good communication and effective leadershiptypically go hand-in-hand. Besides operation we will consider some experts of accounts and finance department for running the company. The Company’s Farming unit is enjoying tax exemption up to 30.06.2020 vide SRO NO.309-L/91 dated 09.10.2000 issued by the National Board of Revenue. Developments of road, bridge, school, college, hospital, mosque, temple etc. We will produce and supply mango juice so that, we can preserve or protect mango from spoilage in the summer season, and people can get the taste of mango in the off-season. To provide this power BPDB has installed one 100 KVALT pole mounted transformer at the site. 21 - 30 of 500 . The mango juice has to be bottled for sales in local market and/or export market. We will use Poster, Banner, Festoon, Billboard, Newspaper, Television and Radio advertising media to reach the mass market. Our brand name is CHOICE, which will be the automatic choice to the customer. Limited, we will select different advertising forms and vehicles. New-Born has hired marketing people to handle national sales campaigns, trade and consumer sales promotions, and public relations efforts. 7 Pages. The mango fruit sub sector is hampered by high costs in transport and lack of value addition. Our pricing objectives will be market share leadership. Our product price will be: We want to promote both customers and retailers by promotional offerings. Your Point of Contact Doesn’t Seem to Care About Your Project. Raw ReceivingUnprocessed produce is off-loaded from trucks and inspected to decide if it requires sorting. No work breakdown structure (WBS) In many organizations, management doesn’t understand the value of using a WBS. We make an action program for the next six months. Issues differ from failures in that failures are in the past and can no longer be managed. Our objective will be maximizing profits while defending market share. During product development, sales are zero and the company’s investment costs is 1,500,000 BDT. We want everyone to be able to drink this juice, which will not cost much and will be affordable. Project Management Project. RT @MLMLeadership: Six big problems with training and development | Management … Reply. Plan, Project, Local government 1527 Words | People are more conscious about their health and nutrition. The building development charges would cost around Taka. In the beginning of the February we will arrange a meeting with our dealers. We are also measuring and analyzing customers’ attitudes toward competing brands and products. Bangladesh is pursuing this policy quite aggressively, therefore it is envisaged that duty will at least remain in the current level, if not further lower. The tooling isn’t right. The age range of the young people is 11-20. In this stage, we will reduce the promotional activities and will conduct market survey research to know consumer demand. And then tell them about our goals. Still there is huge competition between the companies. Profits will be negative until we reach the break-even quantity which is 50,000 units of sale. This one day course provides delegates with an introduction to Project Management and aims to give an overview of key Project Management mechanisms to deliver projects on time. In last couple of years frozen mango pulp has become very popular in retail market. Our marketing objectives will be creating product awareness and trial. We also go for attractive packaging. 3. Strengths, Weakness, Opportunities, and Threat Analysis. Maximum Mark: We have the most modern and fluent machines and state-of-art technology. Then we will look for strategic control for the long-run. An adequate and efficient transport system is a pre-requisite for both initiating and sustaining economic development. If any deviation occurs we will try to fix it instantly and will recover the mishap for ensuring smooth production and sales simultaneously. Lecturer: As we started in February, 2007, our first year objective is total 20,000 liters juice will be sell which price is 1,000,000 BDT and it will capture 3 percent of total market share in juice market. Pre-cool Blanched produce is pre-cooled at 0oF for 15 minutes before entering the freeze tunnel. Another key to communicat… • The business concept would only work when other fruit juices will be added. • Identify the problems of project management in Bangladesh. To achieve goals through project could be achieved if we can proceed and follow some rules in traditional ways which is called project • Largely seasonal business between July and November. Without having a properly defined set of goal… Premium In Bangladesh project management is very crucial task in the government institution and government officials. As New-Born Co. No private owner is interested to take this. Lack of Accountability – A project manager’s leadership qualities can shine when each member of the team takes responsibility for his or her role in achieving project success. 2. Then we will focus on labeling of packaging. Premium Rural incomes: Local people will be involved in the factory. 2. In this stage, we will start to introduce our other brands of mango juice with different features. Growing number of both customers and competitors are expected in this stage. Increased income for entire sub sector, as added-value will increase the price of the end products and end-products can be sold throughout the season, generating additional income throughout the year instead of seasonal. of a country for the interest of a nation or specific community. In this hot and humid country like Bangladesh it will be a good drink to meet up with your thirst. Freebooksy is a free eBook blog that lists primarily free Kindle books but also has free Nook books as well. Usually created by a Project Management program like MS Project. On the other hand, people con not get mango on the off-season time. For Standard (500 ml) size Tetra pack will be used. This model report will serve as guidance to the entrepreneurs on starting up such a new project and basic technical knowledge for setting up such a facility. Research about media consumption patterns will help our advertising agency choose appropriate media and timing to reach prospects before and during product introduction. Raw and Packing Materials in % of Direct cost, Increase of Advance, Deposit and Prepayment, Liabilities For goods in % of Direct Cost, Liabilities For Expenses on Wages and Overhead. The assumptions underlying the projection are also disclosed. We will highlight this product as the drink for health-conscious family. Cost of processing is relatively less as compared to canning, bottling etc. Perhaps you must get new equipment in order to meet the new productivity and pricing requirements. We follow marketing audit to examine the company’s environment, objectives, strategies, and activities. And as a result of better income the consumers are willing to pay for good commodities. There's a new book listed at least once a day, but often times there are many listed in one day, and you can download one or all of them. As there are many local brands and some foreign brands in the market, it would be challenging for us to create a position in the market. So, our brand CHOICE mango juice will face competitive brand recognition. Overview of the Assignment Project is a catalog of human thought on life’s most important questions. São Paulo, Park and ride, Road 546 Words | Only waste of the project will be used for feeding the animal. In Bangladesh processing of fruits and vegetables is extremely low and is below 2%. IT is growing at a rapid rate and with that growth demands people to manage this growth. And it will be available in the city shops. The project will be funded for two years and will bring together the two disciplines of project management and responsible management. WarehousePackages are stored in a cold storage warehouse until shipment to grocery stores, restaurants and other customers. Suddenly that person … Premium after BMRE has been estimated as follows: Transportation is required mainly for procurement of raw materials chemicals and packing materials for delivery of mango juice can to the dealers. Project Management. Some of you will question their technology … To widen the name of New-born (Pvt.) To enter the nook and corner of the country, To ensure optimum utilization of all resources. Finally, we should take corrective action to close the gaps between its goals and its performance. or renewed interest in the field of project management? These graphical tools also allow the project manager to access supporting data and documents from the dashboard. For operating the machineries and equipment we will hire some expert employee than hire 1000 employee for operation and processing. In the month of April, we will continue our regular production and advertising. Investment in improving transport efficiency is the key to expansion and integration of markets - sub-national, national and international. Interviewed, observation was the method of collecting data. Limited has the modern technology to provide the high quality juice. We expect to have our highest profit in this stage. The agency will also coordinate public relations efforts to build the brand and support the differentiation message. 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