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Contents
Introduction ............................................................................................................................................ 2
Factors contributing to the process of project selection ........................................................................ 2
1.2 Project specification for the implementation of a new product service or process .................. 3
1.3 Project specification ................................................................................................................... 4
Task 02 .................................................................................................................................................... 6
2.1 A project plan for an agreed project ........................................................................................... 6
2.2 Appropriate resource match to the project ................................................................................ 6
2.3 Cost allocation for the various resources ................................................................................... 8
2.4 Timescale for the management and implementation of a project ........................................... 10
2.5 Strategy planning for the implementation of a project .......................................................... 11
Task 03 .................................................................................................................................................. 12
3.1 Project implementation ........................................................................................................... 12
3.2 Measures to monitor and evaluate progress and outcome ..................................................... 12
3.3 Monitoring the project implementation................................................................................... 14
Task 04 .................................................................................................................................................. 15
4.1 Project Outcome analysis ......................................................................................................... 15
4.2 Project Outcome evaluation ..................................................................................................... 15
4.3 Recommendations for project improvement ............................................................................. 16
CONCLUSION ......................................................................................................................................... 17
References: ........................................................................................................................................... 18

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Introduction


Developing projects well requires a great deal of time, skill, and finance. There are many
sides to project development and this is what makes it so interesting and demanding. Project
managers are expected to take an uncertain event and make a certain promise to deliver. They
are also expected to do this within a specified time and within a limited budget.
Project Development is a well-established approach to managing and controlling the
introduction of new initiatives or organizational changes.
Projects are finite in length, usually one-time pieces of work involving a number of activities
that must be completed within a given time frame, and often on a fixed budget. Common
examples of projects are construction of a building, introduction of a new product,
installation of a new piece of machinery in a manufacturing plant, creation of a new software
tool, or the design and launch of a new advertising campaign.
mindtools.com/pages/article/newPPM_00.htm)
In this project, I have tried to create the scenario of launching typical Nepalese apple pickle
in UK market , specially in the areas where there is the significant presence of Nepalese
communities.
Factors contributing to the process of project selection

Nepalese people wherever they go into the corner of the world, cant forget their cultural
trends, fashions and norms as well in terms of their festivals, clothings, and food items they
enjoy in different time periods and festive occasion. By nature, as they prefer a bit hot and
sour, an effort to launch a typical apple pickle has been made so far in hope of high level of
acceptance by the customers leading to greater degree of return on investment(ROI).

When a firm chooses a project selection model, the following criteria, based on Souder
(1973), are most important.
1. Realism The model should reflect the reality of the managers decision situation, including
the multiple objectives of both the firm and its managers. Without a common measurement
system, direct comparison of different projects is impossible.
2. Capability The model should be sophisticated enough to deal with multiple time periods,
simulate various situations both internal and external to the project (e.g., strikes, interest rate
changes), and optimize the decision.
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3. Flexibility The model should give valid results within the range of conditions that the firm
might experience. It should have the ability to be easily modified, or to be self-adjusting in
response to changes in the firms environment.
4. Ease of use The model should be reasonably convenient, not take a long time to execute,
and be easy to use and understand.
5. Cost Data-gathering and modeling costs should be low relative to the cost of the project
and must surely be less than the potential benefits of the project. All costs should be
considered, including the costs of data management and of running the model.
6. Easy computerization It should be easy and convenient to gather and store the information
in a computer database, and to manipulate data in the model through use of a widely
available, standard computer package such as Excel.

It seems clear fact that Nepalese people are interested to have a sour taste in their daily
meal. They prefer to have a bit hot and sour while having their meal and what they think is
it helps them consume good deal of meal and even it may help them digest the food well.
Unlikely to other European people, Asian foods are a bit salty, sour and spicy. Nepalese
people , even they are here in UK, cant forget their typical taste of hot and sour.
Considering the available pickle stuffs in majority of the places having Nepalese majority,
an effort has been made to supply the pickle of Nepalese apple here in UK.
By visiting the Nepalese stores and even some Nepalese and Indian Restaurant,
researcher reached into conclusion that pickle of apple may easily hold the significant
portion of overall Nepalese food stuffs in UK.

1.2 Project specification for the implementation of a new product
service or process
The product will lead to a successful business investment based on the following arguments.
1) Nepalese communities , specially of Ex-Gurkhas will be the major customers of this
product.
2) This will be the first product of its kind, to come into the market, so people are likely
to purchase it.
3) The product will be produced with quality apple before reaching their chilling hour
so that no need to add additional stuff to make it sour.
4) This product will be produced by training and utilizing the local community of
Helambu region of Sindhupalchowk district in Nepal. So, the project would be liked
by the concerned community.



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1.3 Project specification
A project specification is an essential part of the design, and states how the work
should be executed to ensure that it meets the designers assumptions. Each project
generally requires its own project specification. In the simplest terms this might be an
engineers drawing with the specification written as notes on the drawing. On more
complex projects the project specification is usually issued as a separate contract
document.
This project has some legal requirements of both the countries of Nepal and UK.
For this, it is required to take permission of concerned UK authority and at the mean
time to take export permission of Nepalese authoritative body in Nepal. A genuine
approach will be made as per the existing rules and regulation of both the countries
and ultimately ensure the production and distribution of the proposed product in UK
market.
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Task 02

2.1 A project plan for an agreed project

During last two months, I visited many Nepalese food stores along with numerous outlets
of Asda, Sainsburys , Iceland and Morrissons as well. Specially, I got the ideas from store
managers that majorities of Nepalese community were searching pickle of different
contents and found that they were disappointed as they didnt find the pickle of Nepalese
apple in the market. I even talked with some of the renowned British food retailers where
they showed their interest to keep the pickle items just to focus and address the needs and
demand of Nepales customers. With this, researcher has been encouraged that the proposed
product would be a success here in UK.
2.2 Appropriate resource match to the project

To run business project or plan necessary many resources required for example ; financial,
human ,physical, intelligible, structural cultural resources we can manage this resources from
different way and place. For my plan, identified the necessary resource required for my plan
and cost in following way.
i) Financial resources.
Finance is main things to do something. People manage their financial problem
different way. For my case total investment will be 50000. So my resources are;
a) My bank balance- Among this account I have 10000 in my bank account.
This is my main financial sources to complete my plan.
b) Parents- some amount will be supported from my parents. My father has
given me words of giving me 10,000 for five years with free interest rate.
c) Sales of parental land My other resources of my finance are land. I have
some land in Pokhara municipality which value is 20000, so I can sale
50%land to do my business and collect 10000.00 from there.
d) Loan I have enough resource to complete my plan in future. If I need any
amount to expand business I can get loan from different banks by depositing
out some land and building in future. For this project completion, I would ask
loan from Bank of 10,000.00 and remaining 5000.00 pound I would
collect from my friends and relatives which will be interest free for at least
one year.
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So my bank balance, parents, land, share and loan are my main financial
resources.
ii) Physical resources
My physical resources are;
a) Office and building- For my plan and building for putting equipment store room
and factory need a good place. For this we can get building in rent is very new
in Nepal. Contract for 10 years for suitable building and store can easily find in
Nepal and it contract cost be nearly 30000. It is necessary to deposit monthly
cost be1000 only. We can get building from a person or government in rent.
b) Machinery and equipment For my plan I need some machinery and equipment
to peel and cut apples into good pieces. For these purpose my plan is to
purchase peeler and chopper machine from indian company. My estimate cost
for this machine is 5000.
I am also in need of drier machine which I would buy from UK market costing
500.00 and to get the machine in my place costs me extra 500.00.
Mixer machine: 650.00
Packing machine costs approx 1500.00 which will be fixed cost for me.
As unripe apples are to be stored well, I need to have a cold storage too for which
I have allocated total 20,000.00 as a fixed cost.
Raw material To produce apple pickle obviously we need unripe apple from
the farm or individual farmers. Monthly , I would buy unripe apple of 1000 to
turn it into final pickle product.
Transportation vehicles and distribution We can take on rent for transportation
vehicles from Nepalese transportation centre. It will be nearly 1000 per month.
For exporting other countries we can use cargoes and Couriers Company. I have
allocated budget for this2500.00 in monthly basis.
So these above different resource are my physical resources.
iii) Human resources
To start and run the business and all types of progress, human resources are very
important. For my plan I need more experienced, skill, capable employees and
manpower. My main human resources are
Seasonal employees: We can get some seasonal staff from local community.
Manpower agencies Some skilled manpower source are manpower agencies
also.
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a) Universities and colleges Some administrative staff can be obtained from free
competiotion from both inner or outer community get from universities and
college. We can give chance to do in our team from local communities.

iv) Intangible assets:

To complete my plan need many intangible assets like brand name, patents,
trademark, copyright, registered design and data base for this purpose. We can get
permission from Nepal government because the location of plan is Nepal it cost be
10000.

v) Structural /cultural resource:
These include organizations history, work system, organizations policies,
working relationship and lever of employ. It is totally new project so it is
necessary to make policies and system from different skill manpower and staff for
this project. It will cost approx; 10000.

2.3 Cost allocation for the various resources

In summary, required necessary resources are; financial, human, physical, intelligible assets
structural and cultural are described in above. Now I m going to show cost plan of required
resources:


Particulars Amount(in )
Expected Investment 106,000
Sources of funding:
Bank balance 10,000
Borrowing from parents 10,000
Sale of parental land 10,000
Borrowing from bank 15,000
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Borrowing from friends and relatives 5,000

Expenses heads and subheads of budget allocation: (in )

Targeted sales ( 50,000 packets5.00/packet) 250,000


Fixed costs:
Office and building(30,000 for 10 years contract ) 3000

Cold storage 20,000

Administrative( fixed) 100012 12,000
Peeler and chopper
5,000
Drier machine 500
Transportation of machine 500
Mixer Machine 650
Transportation of raw materials to production site 1000
Cargoes and delivery charges of final products (200012) 24,000

My estimated cost plan for an unit pickle packet is as follows:
Packaging cost 20 pence per packet
Ingredient cost 80 pence per packet
Production expenses: 30 pence per packet
Staff expenses: 40 pence per packet
Marketing and advertising: 10 pence per packet
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Managerial cost: 5 pence per packet
Insurance cost: 5 pence per packet

Total cost: 1.90 p/ packet of pickle

Thus, I have prepared the unit cost of packet of pickle and my plan of selling price is
5.00. Total cost for per packet of pickle is 1.90 p. And , profit per packet comes to be
3.10 .

2.4 Timescale for the management and implementation of a project

First two months time of overall six months will be used for the human resource
management and facility planning.
I will establish a production site near by Helambu Village in Sindhupalchowk district in
Nepal so as there would be less transportation cost for supplying and managing raw
materials for the production.
In managerial team we can take some local en people of enterpreneural idea so as they too
could contribute their best for the overall production and distribution procedures.
Material planning
It takes some time to bring machinery and equipment from India, so we need to process to
bring it and payment. When it comes we need to manage it in right and fix place and
decoration about factory, store and other. For this work functional team can be utilized and
for bringing process managerial team can be utilized. It takes 2 month. In same 2 month time
we can do our process about patent register brand are all other final activities.
Remaining planning
According to the first two months lunching and retailing process we have make a conclusion
about our product how much percentage of people like advertisement exact percentage of
demand sale and re-order. If people are happy about quality and price, re-order comes from
people and retailing shop we can go ahead. If feedback comes about increasing advertisement
quality or price, we need to improve and re-sampling and retailing again for next two month.
We can do this process two three times when positive reaction comes from the people retail
market then we have to select different distributer and supplier in different place. Many
companies like to select distributor and supplier at first direct marketing and retailing and get
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feedback then select distributer and supplier and start larger quantity sales. It may take about
six months time to launch and select distributer in different place.

2.5 Strategy planning for the implementation of a project

We need a good strategy to implement the plan. After production and testing suction eraser
we have to go market. In that time we must be very clever and fast. Before start produce
lunch in market we need to start advertisement from different media like TV internet hording
board, leafleting and other programmes so much % of people will be familiar about our
product and will be easy to launch product into market. People will be interested to
consume the pickle. When we start launching we need to select some special market and
shop. For first two month we need to put out product in some selected shop as display and
special skim like lucky draw, free sampling and getting feedback about product, complain
and idea. In this two month we have to do totally retailing only. In that time we need to
divide some marketing group to do retail only. First aim is available our product in every
retail counter. We need to visit and get feedback from retail counter every week. To know
actual feedback, counter Sales and demanded sales should be exact.












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Task 03

3.1 Project implementation

Implementation of the project is the stage of bringing set strategies into action. Once plans
and policies are approved, then the phase of implementation gets started. As the proposed
project is to be completed in six months time, overall implementation period is of just four
to five months period.

3.2 Measures to monitor and evaluate progress and outcome
It is a very important part for all kind of plan or project to monitor and evaluate progress. It is
necessary to know about business progress and need to monitor it. Many people in the world
evaluate and monitor their business in traditional way. They measure their business
according to their profit only. But sometimes it becomes failure so I am going to describe
here about appropriate measures to monitor and evaluate progress for my project.
a) All types of report:
Types of report like managerial functional and marketing staff combination
and team work. A project become established and run properly by showing all
types of report and improve to solve. If any part of team is week or couldnt do
well we can see separately about what happen and solve the problem. For
example; if marketing staff reports about quality complain from market we can
check quality and create idea to remind good quality with the help of functional
team. If there is necessary to provide new training and other activities for staff we
have to provide to improve quality and motivate the staff. We need to check our
all reports daily, weekly or monthly about marketing, functional and managerial
report. From this report we can monitor and evaluate progress.
b) Size of market:
How much is our market size? Is increasing or decreasing the size? are any
weaker or strong points of our product? Why people dislike using our suction
eraser or why they like? By discussing like this of questionnaire we can get a
conclusion what can we do? How can be a number one brand by studying
conclusion, we can monitor or whole team to do well.
c) Break-even point:
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By showing the sales report in break-even point, we can monitor and evaluate
progress or product sales condition is under break-even point, equal or over
break-even point it is necessary to know first. Break-even point is that point
where sales have neither loss nor gain. We have to go to over break-even to
earn profit and increase goodwill in market.

d) Competitor position:
It is important to know about competitor position in market. Is competitor
strong or week than us? What kind of scheme and facilities is providing by
competitor? How much percentage of market is affected by competitor? By
showing all about competitor position ,we can change our strategy and
marketing policy.
e) Monthly sales report:
We can monitor and evaluate the project by showing the monthly sales report
also. It shows the sales volume is increased or decreased than last month. In
which month sales volume is good and in which is poor. If affected by
environment or other external factor in that month or not? What is the reason
of increase or decrease sales? It is necessary to know all things which come
from monthly sales report. Accordingly to this report we can monitor and
evaluate progress.
f) Consumer and customers feedback:
To monitors and evaluate progress, it consumer and costumer feedback play a
vital role. We need to get feedback about quality service, price, and scheme
and so on through customer and customer, what they want? How many
percentages of customers are happy to use our product? And how many
percentage of customer are not happy to use our product and why? By survey
(research about our actual consumer and customer we can monitor and
evaluate progress.
g) Retailer and distribution suppliers satisfaction
If retailer and distributer or supplier is unhappy about our product because of
their margin %and other service facilities, there is chance to sale other
alternatives instead of our product. So, it is very important to know about
retailer, distributer and supplier are satisfied or not? If not need to thing sand
solves their problem with economic way. And need motivate to shale our
product if they happy they can purchase our product. Manage good place for
product and so on. So we can monitor and evaluate progress.
h) Stakeholders or staff wants:
It is very important to know staffs wants. Staff or stakeholder are the backbone of
our project so this is necessary to know our staff wants, what they want and are
there satisfy or not? It need to some beneficial programme and other facilities like
pension, insurance, prize, personal development programme training and so on to
monitor them. If they are self motivate project to do progress is very fast. So it is a
measure to monitor and evaluate program.
i) Profit and loss account:
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Profit and loss account is a main part which shows the actual profit or loss, what
happen in the year. If there is profit, need to think how to increase more profit? And if
there is loss, need to think about how to cover loss and earn more profitability. We
need to evaluate whole process and plan. Profit and loss is basically calculated in a
year and so by showing it we can improve our week and become best in next year.
According to profit and loss we can monitor and evaluate progress.
In these above are; size of market, break-even point competitor position monthly sales
report consumer and customer feedback, retailer, distribution, supplier satisfaction,
stakeholders wants and profit loss are evaluating process.

3.3 Monitoring the project implementation

We can expand in many locations in future according to our product demand .After selecting
distributer we have to send at least one company representative in that place and need to start
retailing and marketing with distributer team. In one distributer 1 representative need to send
compulsory. The representative is a bridge between distributer and company. He sends actual
report to company and provide message about product to distributer. It is an un-ending
process. In this 1 year trial period we have to give information about policies; like change,
refund, quality, damage, expire and so on. We need to change advertising style like new and
attractive to attract people. We have managed about our packaging in different time and
situation.
We have to up to-date about our marketing information system and analyse the data of
market and improve our quality price and service. Through the different social activities like
charity, Red Cross society, manner club we can familiar with society and increase our
goodwill. In this way we can implement the plan.








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Task 04
4.1 Project Outcome analysis

Outcomes refer to the achievements as per the set goals and objectives. Set goals and
objectives are the standard fixed and while analysing the project those goals are tallied
against the actual outcomes. If the outcomes are as per the set goals and objectives, the
project is supposed to be successful . And if there are some shortcomings or deficiencies, the
project is considered as unsuccessful and in the days ahead or for the new year those
deficiencies are to be addressed and corrected so as same type of problems may not occur
time and again.
4.2 Project Outcome evaluation

Project Evaluation is a step-by-step process of collecting, recording and organizing
information about project results, including short-term outputs (immediate results of
activities, or project deliverables), and immediate and longer-term project outcomes (changes
in behaviour, practice or policy resulting from the project).
Evaluation is performed to
respond to demands for accountability;
demonstrate effective, efficient and equitable use of financial and other resources;
recognize actual changes and progress made;
identify success factors, need for improvement or where expected outcomes are
unrealistic;
validate project staff and partners that desired outcomes are being
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4.3 Recommendations for project improvement

I think that this product has a good market. This is totally new type of product so there is no
competition in market in this time but may be in future so we need to give good quality and
service with attractive packaging and different types of skim in different place for sampling.
Many programme for children interactive activities. We have to run different programme for
children and advertising our product from media continuously. To increase the demand first
need to direct retailing need to put some sample in different stationary and department store
need to sampling many schools children and get feedback in business running period also and
increase quality and service according to demanded and expect of consumer and customer.
Main customers of this products are Nepalese communities in different parts of UK.
Specially , this pickle is supposed to be distributed into various Nepalese and Indian
restaurants. The distribution is made even free of charge if there is a heavy demand from
those people for picnics and grand gathering. So it will be profitability product. We can
increase our customer and consumer by attractive packaging and numerous brand promotion
activities.








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CONCLUSION

Pickle products these days are having wider popularity in Nepalese communities. There are
already numerous pickles found into different supermarkets and even of the apple but my
effort here is to make pickle from typical Nepalese apple product which would be of its first
kind in ever yet. To promote the apple pickle into its potential market is its prime objective
where as numerous other aspects like employment generation in local level and to address
the taste need of the concerned stakeholders is its latent objective.


















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References:

Shrestha,H (2002),Project Management ,Tribhuwan University, Nepal
Quirke ,B(1996),Communication Corporate Change ,MC Graw-Hill
Websites
www.managers.org.uk
www.ft.com
www.google.com