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Assignment 1 Project Proposal

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Assignment 1: Project Proposal
BUS 517
Strayer University

Project portfolio management method
Management of this project requires just a few people with qualities and various skills in management bearing in mind that the project is at its genesis. It will therefore include the founder of the project who will work closely with two financial partners and all together they form the executive management of the project. Financial managers play a vital role in this project since everything that is likely to be involved in this project will require a certain specific amount money which they will have to allocate the correct amount for the success of the project. At this early stage also, most decisions in the project will be made by the founder himself but may also be assisted by the two financial partners. In addition, it is also the responsibility of the founder to as well monitor or manage all the business activities within the project reason being that the project is still at its early stages and therefore may not require many people in the management; in other words, it only requires a very simple kind of organization. However, in the near future whereby the project is expected to pick up and grow drastically, the management is expected to change by especially having more managers who will manage various units in the project. It is also expected in the future that as the project grows the management structure will be divided into two to include, the executive management and the store management. Executive management will be majorly involved in decisions and financial matters associated with the project while the store management level will be expected to work in ensuring that customers are treated in the right way as well as making sure that all requirements for the project are available. Executive Summary Outline I. Type of problem A. The fast food

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