Project Management Project Title: Opening of Branch Essay

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Project Management

Project Title: Opening of Branch Store in La Jolla CA.

Project Manager: SELF

The main store is located in Del Mar and is the only store that serves the entire community plus the extra population that comes in to shop here from surrounding towns and neighborhoods. The long distance that the clients have to cover has been a concern for both the clients and the management as well. It is from this point of consideration that the management should venture into opening another branch in La Jolla so that it can help shorten the agony of clients having to travel long distance to source for the fresh produce from the main store.

The main objective is to reduce the time wastage for the clients between their homes and the point where they can source for the products of the company.

To retain the clientele that the store has already made within the region by not losing them to other fresh products stores that are closer to them than our main store.

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Venture into new market with a prospective of enlarging the product range as well in line with the demands of the new market as will be presented in La Jolla.

Objective definition

The La Jolla is expected to be complete within six months from the time of commencement as the infrastructure will have to be built. This is bearing the fact that the stores to let in La Jolla are not as spacious as would be required.

The project is estimated at $15 million as there must be purchase of land and building of the structure that will house the store as well as the stock that will be used as opening stock. This amount will also cover the hiring of the experts as well as paying any fees that will be associated with the building and the business operation.

Risk analysis

The main risks that are associated with this project is the….....

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"Project Management Project Title Opening Of Branch" (2012, January 14) Retrieved May 6, 2025, from
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"Project Management Project Title Opening Of Branch", 14 January 2012, Accessed.6 May. 2025,
https://www.aceyourpaper.com/essays/project-management-project-title-opening-77504
   

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