project management project(toy manufacture)

8/7/2019 Project Management Project(Toy Manufacture)

http://slidepdf.com/reader/full/project-management-projecttoy-manufacture 1/26

DDDEEEDDDIIICCCAAATTTIIIOOONNN Dedicated to my Parents

Who always care me and whose kind prayers and

cooperation helped me at every step of my work.

Special thanks go to my most formative teachers for

their cooperation for the sake of my knowledge.

GOMAL UNIVERSITY D.I.KHAN

Department of Business Administra

Submitted by: ROMANA NARGU

Exam Roll number: 462

Class Roll number: 1(A)

MBA(Banking & Finance)

Session : 2009 - 2011

Supmitted to : Mr. Farat-Ullah

Last Date of Submission: February 11

PO2

JE(

C&

T7

MA$

N1

A$

G*

E(

M0

E(

N1

T7



BRIEF

b r i e f

CONTENTS

c o n t e n t s

Introduction Chapter-1

W hat is my Project 2 W hy do I chose this Project 2

H ow does the Project work 3

Project Structures Chapter-2

Production 2

Structure of the Project 3

Project Tasks Chapter-3

M arket Research 2

Analyze Survey 2

M odel M aking 3

Rent Factory 4

Bank Loan 4

Import Production Line 4

H ire worker 4

Training W orker 5

Produce Sample 5

Testing Data 5

Improve Feature 5

Plan M arketing 6 Advertise 6

PR 6

M anufacture 7

Deliver Product 8

Project M anagement Chapter -4

M S Project 2007 Overview 2

Gantt Chats tables 3

N etwork Diagram 4

Scheduling Techniques Chapter-5 Time Duration 2

Risk M anagement 3

Conclusion



IN1

T7

R 5

O2

D'

U8

C&

T7

I,

O2

N1

,QWKLVVHFWLRQWKUHHWRSLFVDUHGLVFXVVHG

:KDWLVP\3URMHFW

:K\GR,FKRRVHWKLVSURMHFW

+RZGRHVWKHSURMHFWZRUN

+LVWRU\



Romana Nargus MBA (Banking & Finance), 2009-2011

Page | 2

IINNTTR R OODDUUCCTTIIOONN

WHAT IS MY PROJECT?

Even in the fast-paced, money-driven world of the 21st century, toys, undeniably, are still an

inseparable part of childhood. From the classical Barbie dolls and Lego blocks, to remote-

controlled cars and computer-programmed robots, toys dominate the world of the young. Thedemand is ever-increasing, and customers are constantly looking for creativity andoriginality, and of course the toys affordability.

This project examines the needs of the market, its demands and expectations, and aims to

meet these expectations by putting forward innovative ideas that emphasizes novelty while

keeping the product cost reasonable and affordable by the general public.

This project would further explore the effect of toys on the over-all development of a child,seeking to develop toys that are beneficial to the proper growth of a child and will aid his/her

character development, impacting his/her future decisions and career.

Thus, I decide to choose a Toy Manufacture´ project for my assignment. It is a challenging business project with high ROI (Return on Investment), demanding creativity and

entrepreneurship, and is realistic and impacts our day-to-day lives.

WHY DO I CHOOSE THIS PROJECT?

IT project is also interesting and creative. But my aim is to become a business man so I

choose a business project as my project. Business project is not simple as the way I construct

my project, but it is almost basic like this. My ambition is to become a business man and thus

I decide to choose a business project as for this assignment. This project covers the

fundamental structure of a business project, and summarizes the complex business functions

into its basic forms and practices.

Since young, you definitely would wish to own at least one toy. A toy means a lot to a child.

It is not only something to play with, but it is just like a friend he can hold close to his heart.

Furthermore, toys contribute to the intellectual development of a child, as well as bringing

happiness to their childhood. They also play an important part in ensuring the proper

envelopment of a child, be it mentally, emotionally, socially, physically or psychologically.

When I was a child, my mother used to buy me small robots or cars. I can vividly remember

how doubtlessly happy I was at that time. Toys were me source of encouragement and

motivation. They propelled me to strive for better heights when I was in kindergarten,

primary and even in secondary school. I tried my all best to be a good little boy and study

hard for the reward of a toy when I finally achieved good results. I can feel how blissful it

was to own a toy, and just how influential a toy may to a young, innocent mind.

Unfortunately, not all the children in the world have a chance to experience the exhilaration

of having a toy, mainly due to financial inadequacy. This is the reason why I decide to invest

in toy manufacturing, to produce different toys of affordable prices for export to countries

where children have yet to experience the joy toys bring your lives.




Page | 3

HOW DOES THE PROJECTWORK?

This is the situation how I create my project. I start with a company name LEMO´ with the

logo:

HISTORY

The Lemo Company began in the workshop in Singapore, start making wooden toys in 2007.

It expanded to producing plastic toys recently, Lemo began producing the now famous in toy

cars, calling them "Cars that children can ride". These cars were based largely on the design

of a designer Nguyen Xuan Phong in 2008. Lemo modified the design of the design after

examining a sample given to it by a British supplier of an injection-moulding machine that

Lemo had purchased. The first Lemo sample, manufactured from a factory in Singapore,

were developed in the spirit of traditional wooden cars that could be heavy and rough; but

these plastic material could be cheaper and nicer.

The Lemo Company's motto is "Devotion for children", this motto was created by Nguyen

Xuan Phong to encourage his employees never to skimp on quality, a value he believed in

strongly. The motto is still used within the company today.

The use of plastic for toy manufacture was not highly regarded by retailers and consumers of

the time. Many of the Lemo Company's shipments were returned, after poor sales; it was

thought that plastic toys could never replace wooden ones.



PR 5

O2

JE(

T7

ST7

R 5

U8

C&

T7

U8

R 5

E(

,QWKLVVHFWLRQWZRWRSLFVDUHGLVFXVVHG

3URGXFWLRQ

6WUXFWXUHRIWKH3URMHFW

7DEOHRIWKH3URMHFWV




Page | 2

PPR R OOJJEECCTT SSTTR R UUCCTTUUR R EE

PRODUCTION

Here is some photo-shot about the upcoming model of a toy car that the project outcomes to produce:

For children, this car is so interesting and colorful to catch their attention so that it can be

easily purchased by their parents. In general, boys do like cars much more than girls do, thus,the front of this car together with two big lights and designs on its dome make it turn to be

strong and fierce which is very suitable to boy¶s character. The car contains two eyes in frontthat are able to make it more lively and attractive to play with. All over the cover of the car,

there are words, colorful pictures. The wheels look strong and it is designed for sport car which words are places on the edge of them. This car is supposed to be designed as one

character of cars in the cartoon movie. Hence to almost little audiences as boys, they might becaught attention from the first sight they see this car.

STRUCTURE OF THE PROJECT

The project contains 16 tasks, each task has one function and been divided in WBS (Work Break down Structure). The following chart is showing the WBS:




Page | 3

Here is the table of the Project:

Task Name Duration

(Days)

Start Finish Dependencies

1 Market Research 10 13/05/09 26/05/09

2 Analyze Survey 15 27/05/09 16/06/09 1

3 Model Making 10 06/17/09 30/06/09 1

4 Rent Factory 3 13/05/09 15/05/09

5 Bank Loan 5 13/05/09 19/05/09

6 Import production line 5 20/05/09 26/05/09 4,5

7 Hire worker 15 27/05/09 16/06/09 6

8 Training worker 10 17/06/09 30/06/09 7

9 Produce sample 20 01/07/09 28/07/09 3,8

10 Testing data 5 29/07/09 04/08/09 9

11 Improve Feature 20 05/08/09 01/09/09 10

12 Plan Marketing 5 02/09/09 08/09/09 11

13 Advertise 20 02/09/09 29/09/09 11

14 PR 10 02/09/09 15/09/09 11

15 Manufacture 30 30/09/09 10/11/09 12,13,14

16 Deliver Production 5 11/11/09 17/11/09 15

PROJECT

Market Research Rent Factory Bank Loan

Analyze

Survey

Model

MakingImport

ProductionLining

Hire

Worker

ProduceSample

Testing Data Improve

Features Marketing Advertise PR



PR 5

O2

JE(

T7

TA$

S6

K .

S6

,QWKLVVHFWLRQWRSLFLV

0DUNHW6HDUFK $QDO\]H6XUYH\ 0RGHO0DNLQJ 5HQW)DFWRU\ %DQN/RDQ ,PSRUW3URGXFWLRQ +LUH:RUNHU 7UDLQLQJ:RUNHU 3URGXFH6DPSOH 7HVWLQJ'DWD ,PSURYH)HDWXUH 3ODQ0DUNHWLQJ $GYHUWLVH 35 0DQXIDFWXUH




pg. 2

PPR R OOJJEECCTT TT A A SSK K SS

1.M ARKET RESEARCH

Duration: 10 days

Start: Wed 13/05/2009 Finish: Tue 25/05/2009 Dependencies: None

Mission: Market research is a continuing exercise to collect and analyze environmental, consumer,competitor and industry information to make the project decisions less risky.

The main mission is surveying the potential customers, children and parents, to know what theywant, how they want and some information. According to the survey, we can know the taste of

the customers and the trend of the market. Here are some questions in the survey:

Q: What kinds of toy do you like the most? A: a) Robot b) Cars

c) Dollsd) Others:

Q: You want your toys have what kind of characteristics? A: a) Look nice b) Useful

c) Smart

d) Others:

After collecting survey from the customers, we can continue to the next task, Analyze survey, toknow the taste of the market.

2. ANALYZE SURVEY

Duration: 15 days Start: Wed 16/05/2009 Finish: Tue 27/06/2009 Dependencies: 1

Mission: Analyze survey is one of important tasks because it helps the project less risky and more judicious. Analyzing is the tasking of dividing and doing the statistic with the number to find out

what the trend of market is.

According to the result of analyzing survey, we can decide which model we will product andhow should we design it. The following chart shows the result of 1000 surveys in Singapore:




pg. 3

WHAT KIND OF TOY DO YOUWANT?

That leads the decision to choose manufacture toy cars is my project.

3. MODELM AKING

Duration: 10 days Start: Wed 17/06/2009 Finish: Tue 30/06/2009 Dependencies:1

Mission: Model making is to sketch and draw the production on the paper. The mission is completed bythe professional designer. After choosing the most suitable model, the project will produce a

sample.




pg. 4

4. RENT FACTORY

Duration: 3 days

Start: Wed 13/05/2009Finish: Fri 15/05/2009

Dependencies: None

Mission:It is costly to build a new factory. It also wastes much time. The alternative way is to rent a

factory. We need to find a factory to manufacture. Almost factories are in suburb. It is cheaper and friendlier with the environment.

5. B ANK LOAN

Duration: 5 days Start: Wed 13/05/2009 Finish: Tue 19/05/2009 Dependencies: None

Mission: This task is part of budget plan and control. It is one way of attract investment and money. When

my project has enough of money, it can run smoothly.

6. IMPORT PRODUCTION LINE

Duration: 5 days Start: Wed 20/05/2009

Finish: Tue 26/05/2009 Dependencies: 4,5

Mission: After renting factory and having enough money, we can start importing production line to

produce toys. The main mission is buying machine and making a completed production line from beginning to finish. The production line can be automatic or semi-automatic.

7. HIRE WORKER


Mission: To start producing toys, my project needs worker to work in the factory. So the task is to

employee. With the size of the factory, we can hire from 100 to 200 Worker.




pg. 5

8. TRAINING WORKER

Duration: 10 days Start: Wed 17/06/2009 Finish: Tue 30/06/2009

Dependencies: 7

Mission: To operate the production line, the employees have to know how to run the machines and control

them. To make them understand, a course of training worker would be held to guarantee thequality of production and the success of project.

9. PRODUCE SA MPLE

Duration: 20 days Start: Wed 01/07/2009

Finish: Tue 28/07/2009 Dependencies: 3,8

Mission:Before manufacture with a huge amount, we need to test and evaluate production. Thus, we first

produce some samples to test and evaluate. The duration is about 20 days to make a complete production.

After that, we can produce production to test and evaluate.

10. TESTING DATA


Mission: This is the time for evaluating the sample production. We will record the stats for each feature of

the toys. Then we will test for the real usage. Also, we can make the survey for the customer toevaluate as well. After all, we can know what is the weak point and strong point to improve.

11. IMPROVE FEATURE

Duration: 20 days Start: Wed 27/05/2009 Finish: Tue 16/06/2009




pg. 6

Dependencies: 10

Mission: Before manufacturing with a huge quantity, this is the last time the product can be improved the

features and remade the weak points. After all, we have the perfect toys model for producing.

This will takes 20 days to improve and revise the production.

12. PLANM ARKETING


Mission: Now we can be ready to produce the best toy cars to the market. What we have to do now is planning marketing it for the distributors and the customers. Marketing is an integratedcommunications-based process through which individuals and communities discover that

existing and newly-identified needs and wants may be satisfied by the products and services of others. Marketing is influenced by many of the social sciences, particularly psychology,

sociology, and economics. Anthropology and neuroscience are also small but growinginfluences.

Market research underpins these activities through advertising; it is also related to many of thecreative arts. The marketing literature is also infamous for re-inventing itself and its vocabulary

according to the times and the culture.

13. ADVERTISE POSTER ADVERTISMENT





pg. 7

Mission: This is a part of marketing. We can advertise our production by advertising on TV, poster, on

newspaper and other media. Advertising is a form of communication that typically attempts to persuade potential customers to purchase or to consume more of a particular brand of product or

service.

14. PR


Mission: PR (Public Relations) is also known as a strategy of marketing. Public relations help anorganization and its publics adapt mutually to each other.

Doing PR is one of difficult tasks for marketing the production to public.

15. M ANUFACTURE

Duration: 30 days Start: Wed 30/09/2009 Finish: Tue 10/11/2009 Dependencies: 12,13,14




pg. 8

Mission: This is the main task of business. We can produce a big quantity according to the contract and

bring the production to the market.

16. DELIVER PRODUCTION


Mission: To deliver productions to the distributor, this is the last task to complete the project. We keeping

finding the contract and improve our business. We will gain profit by manufacture with a bigamount.



PO2

JE(

C&

T7

MA$

N1

A$

G*

E(

M0

E(

N1

T7

,QWKLVVHFWLRQWRSLFVDUH

06SURMHFW2YHUYLHZ

*DQWW&KDUW7DEOHV

1HWZRUN'LDJUDP




Pg. 2

PPR R OOJJEECCTT MM A A NN A A GGEEMMEENNTT

MS PROJECT OVERVIEW

Microsoft Office Project Standard 2007 gives you robust project management tools with the

right blend of usability, power, and flexibility, so you can manage projectsmore efficientlyand effectively. You can stay infor med and control project work, schedules, and finances,keep project teams aligned, and be more productive through integration with familiar Microsoft Office system programs, powerful reporting, guided planning, and flexible tools.

Microsoft Office Project Professional 2007 includes all the capabilities in Office ProjectStandard 2007. In addition, Office Project Professional 2007 provides collaborativeenter prise project management capabilities when used with Microsoft Office Project Server 2007.

GANTT CHATT TABLES

GANTT CHATT TABLE Part-1




Pg. 3

GANTT CHATT TABL Part-2

Gantt Chat Summery




Pg. 4

NETWORK DIAGRAM



SC&

HE(

D'

U8

L/

I,

N1

G*

TE(

C&

HN1

I,

QU8

E(


7LPH'XUDWLRQ

6FRSHRIWKH3URMHFW

5LVN0DQDJHPHQW




Pg | 2

SSHHEEDDUULLIINNGG TTEECCHHNNIIQQUUEESS

TIME DURATION

Start day: Wednesday 13/05/2009 Finish day: Tuesday 17/11/2009 Duration: 135 days (3 months 4 days)

SCOPE OF THE PROJECT

The project is a simple business project. However, the benefits it brings are huge. Children

are the most potential customer which makes the business more interesting and high profit.

The ROI is about 35% which is quite high for a small business. It also brings jobs for a town

where the factory placed in.




Pg | 3

RISK MANAGEMENT

RISK RESPON PLANCannot Rent Factory Change to another Factory

Don¶t have enough Money More bank loan and investment attraction.

Machinery Breakdown Buy warranty for the Machine/Repair

immediately.

Don¶t have enough Worker Hire more Workers.

Deliver Production Late Compensate the Contract

Employee stealing Fire employee

Employee Leaving Pay more for Employee

Not enough Customers Improve Advertising and Public Relation

Too Many Customers Increase Price

Factory Fire Buy Fire Insurance

Law Suit Hire a lawyer.

Competition Improve Quality / Decrease Price.

Recession Decrease quantity of manufacture

Environment Pollution Pay environment protection tax.

Senior Staff Travelling Cause project

delays

Have alternative staff / temporary staff

Epidemic disease Warn the worker/Cooperate with Department

of Health

Thief Improve security.

Material damaged Replace material.

Production damaged Replace production.

Lost power supply Extra power supply / reserved power supply



CO2

N1

C&

L/

U8

S6

I,

O2

N1


&RQFOXVLRQ

7H[W5HIHUHQFH

:HE5HIHUHQFH



CCOONNCCLLUUSSIIOONN

Even in the fast-paced, money-driven world of the 21st century, toys, undeniably, are still an

inseparable part of childhood. From the classical Barbie dolls and Lego blocks, to remote-

controlled cars and computer-programmed robots, toys dominate the world of the young. Thedemand is ever-increasing, and customers are constantly looking for creativity and

originality, and of course the toys affordability.

The project is a simple business project. However, the benefits it brings are huge. Children

are the most potential customer which makes the business more interesting and high profit.

The ROI is about 35% which is quite high for a small business. It also brings jobs for a town

where the factory placed in.

Text References

1. Project Management, the Managerial Process by Lifford F.Gray or Erik W.Larson.

Web References

www.google.com

www.Scribd.com

www.shlideshare.net

www.docstock.com

project management project(toy manufacture)

Documents