MONITOR PROJECT TIME: opening a second venue for a restaurant.

Project Objectives

The high-level goals of the project are to open a second venue for the restaurant in another city, thereby expanding the customer base, increasing brand presence, and generating additional revenue. The success criteria for the project include:

1. Opening the second venue within a timeline of six months from the project start.
2. Increasing the customer base by 30% within the first year of the second venue's operation.
3. Achieving a positive return on investment within two years of the second venue's operation.

Product Scope Description

The project involves opening a new restaurant venue in another city. The venue should replicate the brand and concept of the existing restaurant while catering to the specific requirements and preferences of the target market in the new city. The scope includes but is not limited to:

1. Location scouting and selection of a suitable site.
2. Renovation and interior design of the new venue.
3. Equipment procurement and installation.
4. Hiring and training of staff for the second venue.
5. Marketing and promotional activities to introduce the new venue to the target market.

Monitorthe progressofthe project throughoutitslife cycle anddocument youranalysisofanyvariancesfromtheschedulebaseline.

For thistask,submitthefollowing:

• The analyses you completed of the schedule baseline variances;Youmustsubmitoneanalysisperinstanceofmonitoring.
• Copies of workplace resources that you accessed and reviewed, e.g. organisationalpoliciesandproceduresrelevanttomonitoringprojectprogress,etc.
• Copiesofprojectdocumentsthatyouaccessedandreviewed,e.g.theproject'sapproved schedule management plan, progress reports, change requests, updatedGanttcharts,updatedschedules,etc.
• Copies of relevant communication with project team members, e.g. meetingminutes,emailthreads,screenshotsofmessagingapps,etc.