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You Exec - Project Proposal Light Free

This project aims to innovate the company's product mix over 15 months to align with current trends and enhance profitability, with an estimated revenue of $40 million and a budget of $10 million. Key challenges include training needs, lack of experience in innovation research, and potential economic downturn impacts. The project will utilize SMART goals to ensure clear, measurable, and attainable objectives while addressing operational inefficiencies.

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Khushboo Raghani
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0% found this document useful (0 votes)
12 views

You Exec - Project Proposal Light Free

This project aims to innovate the company's product mix over 15 months to align with current trends and enhance profitability, with an estimated revenue of $40 million and a budget of $10 million. Key challenges include training needs, lack of experience in innovation research, and potential economic downturn impacts. The project will utilize SMART goals to ensure clear, measurable, and attainable objectives while addressing operational inefficiencies.

Uploaded by

Khushboo Raghani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as KEY, PDF, TXT or read online on Scribd
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Executive Duration

15 months
Summary

The goal of this project is to explore and redevelop our


company’s traditional product mix based on current trends.
Some primary product components will be rendered
outdated if we do not innovate in time and greatly Estimated Revenue
jeopardize business performance. Below are the topics this
$40 million
project aims to address in relation to the high-level business
goals of the company.

What is our new service/product/solution ?

What is the core problem users now experience?


Anticipated Budget
How will this increase our profitability?

What is the right budget for this project? $10 million


More efficient and productive Reduced cost of production
use of team members’
1 2 and ability to offer product
knowledge, boosted level of at more competitive price
creative thinking point

Team members can utilize Better brand message and


3 4
learnings to be applied to
future projects and
Benefits increased relevancy and
desirability to a new generation
developments of potential customers.

Product positioning ensures the Better relationship with

least negative effect on revenue


5 6 existing vendors and the

should there be an economic ability to attract more

downturn competitive sponsors


Project SMART
Goals

S M A R T

Specific Measurable Attainable Relevant Time Bound

Your goal should be clear Its important to have Your goal also needs to This step is about Every goal needs a
and specific, otherwise measurable goals, so be realistic and attainable ensuring that your target date. So that you
you won't be able to that you can track your to be successful. In other goal matter to you and have a deadline to focus
focus your efforts or feel progress and stay words, it should stretch that it also aligns wit on and something to
truly motivated to motivated. your abilities but still other relevant goals. work towards.
achieve it remain possible.
Challenges & Solutions

S
o
More time needed for
One time spending on l
01 01
training on new technological
bootcamp workshop to u
developments and
accelerate training process t
compliance measures
and save on time delays i
o
Research team not experienced
02 02 Hire external consultants to n
in innovation research and has create comprehensive case s
not worked with rebranding studies and present key findings
projects with data

Global economic downturn may Lower selling price and formulate


03 03
slow down demands for our new message to make product more of
products and delay our ROI a necessity than dispensable
possession

Current management protocols Less layers of reporting and


04 04
are not conducive to free and allow every team member to be
timely flow of feedback and able to contact project managers
information directly

Ch
all
en
Project Budgeting

Type Of Cost Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Planned Cost $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K $1.2K
Actual Cost $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K $1.0K
Value Difference $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K $0.2K
Gantt Chart - 12 Months

Task Name JAN FEB MAR MAY APR JUN JUL AUG SEP OCT NOV DEC

Task Name 01
Text here

Task Name 02
Text here

Task Name 03
Text here

Task Name 04
Text here

Task Name 05
Text here

Task Name 06
Text here

Task Name 07
Text here
Project Timeline (12 Months)

Mileston Milestone 2 Mileston


e1 (Today) e3

Task Description 07 Days


1

Task Description 10 Days


2

Task Description 10 Days


3

Task Description 09 Days


4

Task Description 08 Days


5

Task Description 15 Days


6

Task Description 05
Days
7

Task Description 10 Days


8

Task Description 06 Days


9

Jan
Jan Feb
Feb Mar
Mar Apr
Apr May
May Jun
Jun Jul Aug Sep Oct Nov Dec

Project Start : 14th Mar Project Start : 30th Oct


2020 2020
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