Project Tracking

Part 1: Project Measures

Designa project implementation and control plan for the structural and cultural integration of the 2 companies, Dollar Tree and Family Dollar

Project Charter

Objectives:

1. Achieve cost savings through operational efficiencies: This can be measured by comparing pre- and post-merger operating costs.

2. Increase market share: This can be measured by comparing Dollar Tree's market share before and after the merger.

3. Enhance product diversity: This can be measured by the number of new product categories introduced post-merger.

Tasks:

1. Due diligence and valuation (4 weeks)

2. Regulatory approval (3 months)

3. Integration planning (2 months)

4. Communication to stakeholders (1 month)

5. Systems integration (3 months)

6. Operational integration (4 months)

7. Branding and marketing (2 months)

8. Employee training and development (2 months)

9. Performance monitoring and control (ongoing)

Challenges:

1. Cultural integration

2. Employee retention

3. Systems integration

4. Regulatory compliance

5. Maintaining corporate social responsibility during the integration process

Stakeholders:

1. Employees: Job security and fair treatment

2. Customers: Continuity of service and product availability

3. Shareholders: Return on investment and future growth

4. Suppliers: Continuity of contracts and timely payments

5. Regulators: Compliance with laws and regulations

Project Limitations:

1. Limited budget

2. Time constraints

3. Regulatory restrictions

4. Market conditions

5. Employee morale and resistance to change

Authorities:

Decisions related to strategic direction, financial commitments, and major changes in operations should be made by the CEO of Dollar Tree. The project team can make decisions related to the day-to-day management of the integration process, including task allocation, progress monitoring, and problem-solving

Recommend 2 measures, for each of your 3 objectives stated in your Project Charter that could be used to gauge how well the merger integration is progressing.

Progress Measures for Objective 1
Objective 1
Progress Measures	1.
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Progress Measures for Objective 2
Objective 2
Progress Measures	1.
2.

Progress Measures for Objective 3
Objective 3

Progress Measures	1.
2.

Part 2: Progress Data

Determine what data you will collect for each measure indicated in Part 1 and include a frequency when appropriate. For each measure list two types of data.

Measure	Data
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Interventions

Part 3: Interventions

For each measure, propose 1-2 interventions (actions) you could take, if needed, to bring the project back

on track and maintain project progress and integrity. Recommendations should include enough detail that specific actions could be developed from them (details could include who, what, where, when, how if appropriate).

Measure	Interventions
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Rationale

Part 4: Rationale

Provide a rationale that justifies your plans for the implementation and control of your Project Tracking and Interventions. Discuss why you decided to track the measures indicated, collect the data indicated, and why you selected the interventions in

Reflection

Part 5: Reflection

Reflect on the process of developing your assignments over the five weeks for the merger of Dollar Tree and Family Dollar. What insights have you learned from this process that can be applied to future leadership or management projects? What lessons do you take away after completing your (Wk 1) Project Charter Preparation, (Wk 2) Project Charter, (Wk 3) Project Risk Analysis, (Wk 4) Communication and Culture Plan Presentation, and the final (Wk 5) Project Implementation and Control Plan?

Reflection