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Subway Project Plan Overview

Essay by 24  •  November 22, 2010  •  9,938 Words (40 Pages)  •  2,229 Views

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Abstract

This project entails opening two Subway Restaurant franchises. The project is described and potential problems identified. The mission, scope, and measuring the progress of the project are also discussed. The first step is applying to Subway for a franchise. Once the application has been accepted, the real work begins. Using Microsoft Project, each phase of the project can be monitored to ensure successful completion.

Outline

I. Project Plan Overview

A. Description of the project 5

B. The Problem 5

C. The Mission 6

D. High-Level Scope 8

E. Measuring the Scope of the Project 8

F. The Two Best Practices 9

G. Key Learning Points 10

II. Task and Risk Management Plan

A. Specific Tasks, Milestones, and Critical Path 10

B. Three Specific Project Risks 11

C. Assessment of Each Risk 11

D. Mitigating Strategies (Trigger) 13

E. Key Learning Points 16

III. Project Plan Forecast

A. Communications Plan 17

B. Forecast 19

C. Closure Process 20

D. Project Audit Process 21

E. Budget Estimates 22

F. Key Learning Points 22

IV. Conclusion

A. Summary 23

B. Lessons Learned 24

V. References 25

VI. Appendix

A. Calendar 26

B. Gantt Chart with Critical Path 27

C. Network Program 28

D. Task Usage 29

E. Tracking Gantt 30

F. Resource Graph 31

G. Resource Sheet 32

H. Resource Usage 33

I. Project Summary 34

J. Current Activities 35

K. Costs 36

L. Assignments 38

M. Work Load 39

N. Budget 40

Subway Project Plan Overview

Description of the Project

This project will encompass the start up of a SubwayÐ'® restaurant. This will require the research of the franchise, which begins at the company web site. Brochures are available on-line providing basic information about the company. Free seminars are also available. These seminars are held in various parts of the country, every week. Additional information is obtained through trade shows. Once the basic information has been obtained, SubwayÐ'® requires an application to be completed and turned in. The Regional Sales Managers are available if additional information is required. Specific information regarding capital investment is then the next step of the process. This is the point were a Development Agent will need to be contacted. The Development Agent recruits new franchise owners, assists new franchise owners in the area of site location, assists with lease negotiation, assists with construction and opening of the restaurant, and provides ongoing operational support. Therefore, the project will begin at the initial evaluation phase of deciding to open a Subway restaurant, gather all the necessary information to open the restaurant, contact and work with the proper people and entities to initiate the startup of the restaurant.

The Problem

Once all critical information is gathered, it needs to be analyzed for proper implementation. All applications and licenses need to be applied for in order to make sure permission is granted before investing any monies. Once this SubwayÐ'® restaurant is up and running, unnecessary obstacles such as being shut down for lack of proper documents would be fatal to its success. Next, geographic studies need to be run in order to obtain a proper storefront. The location of this sandwich shop is important; plenty of traffic is needed in order to have the most visibility to potential customers. The next step is to stock the new location with all the necessary supplies that are needed and required by subway; things such as, food supplies, promotional information, tables, chairs and cash register with change. The last step is to run some kind of promotional grand opening. Passing out Grand Opening Fliers through out the immediate area starting two weeks prior to opening will help alert potential customers. Grand Opening day a remote on a radio station will need to be run in order to inform customers that this Subway at this address is now open for business.

The Mission

There are many considerations that an entrepreneur must decide such as: type of business, legal structure, permits and licenses, market planning, business plan, location, organization management planning, business telephone line, mission statement, and a business checking account. There are many sources of information to help to start a business in an organized way, such legal structures are Sole-proprietorship, Partnership and a Corporation. Each one of these legal structures has its advantages and disadvantages.

Since we will be a new organization, there are many marketing objectives that we have yet to achieve and which we will strive to accomplish within the next year of business. Three of the more prominent objectives we have include establishing and maintaining a high level of customer loyalty; maintaining a large loyal market base in the food industry; and most importantly, we want to provide our customers with the most outstanding and superior quality of service found anywhere. As a new business, we are faced with the

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