Beruflich Dokumente
Kultur Dokumente
“Project Management”
Submitted to:
Prof. H.K.Shrivastava
Submitted by:
Dipesh Jain
091312
Index
1.
Introduction.......................................................................................................
........................
1.3. Services
Offered............................................................................................................
1.4. Project
Scope...............................................................................................................
2.1. Project
Layout..............................................................................................................
2.2. Resources
Required....................................................................................................
3. Initial
Investment.........................................................................................................
.............
4.1. Membership
Packages................................................................................................
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5. Financial
Data...................................................................................................................
..........
5.1. Membership
revenue..................................................................................................
6. Project
Control...............................................................................................................
...........
7.
Bibligraphy........................................................................................................
........................
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1. Introduction:
This project is about opening a new sports club in Surat city at Udhna
Magdalla Road. The idea of this project came to the mind because there is
lack of availability of a sports club at that region which can provide citizens
with different games like squash, lawn tennis and basketball. There has been
a change in the citizen of Surat in respect of the games they play. They have
started playing games which were uncommon earlier like basketball, lawn
tennis and squash. Thus the main intention of this sports club is to provide
citizens with different games and increase talent in those games, which a
nation like India lacks.
The name selected of the club i.e. Being Young is because here even the
elder people can come, play and feel young. Thus the name shows the
importance of being young as when you are young you are energized and
wound up.
Below are the five forces that act in favour or against of the industry:
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ii) Threat of new entrants: As entry barriers are high in this due to high
capital expenditure entry barrier is there and hence threat of new
entrants is less. This industry is growing at constant pace and hence
there is chance of attracting new entrants which can increase
threats.
iii) Bargaining power of supplier: There are many suppliers who can
provide equipments needed at different costs and hence this factor
reduces supplier’s bargaining power towards the sports club. There
is threat that supplier may forward integrate as he has equipments
to start and thus this increases its bargaining power as there are
less chances of buyer integrating backward. Suppliers main selling
is this industry and thus it is an important industry for them and
they can’t easily let go this industry and thus here suppliers
bargaining power decreases.
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v) Threat of substitute product: There is a high threat of substitute
product which in this case will be the establishing services in the
societies itself so that the member of the societies doesn’t need to
go out to play sports. This has been done by many new builders
providing services such as indoor sports, swimming pool and
gymnasium in their societies. Thus there is considerable threat from
substitute product.
Hence above are the five forces that determine the competitive intensity and
therefore attractiveness of a market.
ii) Weakness: As it is new, brand name is not strong and thus it creates a
weakness. Skilled workers will be hard to find in the starting phase.
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iii) Opportunities: There is opportunity to convert untapped market into
customers by providing services to those people who are interested
in uncommon sports activity. There is also an opportunity to
increase market share.
iii) Table tennis and board games such as carom and chess
iv) Squash
v) Badminton
vii) Tournament twice in a year which will include every sport provided
by sports club.
Hence above activities will be provided by the sports club. With the above
activities members of sports club will get chance to spread the social
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network by interacting with one another. There will be special member
services and different packages will be allowed to customers based on their
need of playing games. This will give customers variety in selection.
Project layout
o Deliverable Priorities:
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Permissions and Approval from Local Authority
o Deliverable Priorities:
Selection of Location
o Deliverable Priorities:
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o Deliverable Priorities:
Procurement of Equipment
o Deliverable Priorities:
o Deliverable Priorities:
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iii) Limits and exclusions: In this project limit in scope will be related to
services that will be offered and membership packages that will be
available. Members will have to bring their own equipments such as
racquets, accessories, etc. Club will provide them with balls and all
other facilities. Eating or drinking at juice bar will cost them and it
won’t be included in Membership fee. Maintenance of Club’s
equipment will be done every month in order to ensure proper
working of equipments.
iv) Reviews with customer: In this section reviews with customer will be
done. Here customer means both internal (employees) and external
(members). Reviews will be done in order to know what their
expectations from the club are and are they getting what they
desire. Are the time, cost and scope in project layout achievable?
Thus clear communication in all these matters will be done as they
are important to avoid claims and misunderstandings.
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The project layout above comprises of space for all the sports activities club
is providing. Hence total square feet space that project will need for the
above layout is approximate 25000 square feet which will be taken on lease.
In this layout there is also a juice and snack bar which will be helpful for
refreshments during playing and will also help club as a source of revenue.
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Layout has been designed so as to use the space optimally. This building will
be constructed within 1.5 years with all keeping in mind necessities for
different sports such as their flooring, height, etc. Approximate cost of
constructing the building is Rs.3 million.
Below are the descriptions about the resources that will be required in order
to start the sports club. Resources are divided according to equipments
needed for different sports and man-power needed for different activities.
Equipments:
a. Tennis net
c. Tennis Posts
d. Umpires chair
b. Basketball board
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c. Basketball net
d. Basket ring
b. Balls-300 balls
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c. 16 chairs and 4 tables to play on 4 boards at a time
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3. Initial Investment
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Above written are the capital expenditures that are incurred in the initial
year. As there is no income in initial year there hasn’t been any mention
above. The above expenses will be funded in 1:1 ratio of debt and equity.
That is half the money will be funded by myself and rest will be taken from
market.
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4. Sources of Revenue and Expenses for regular years
Below are the sources of revenue for the Being Young sports club:
i) Membership fee
iii) Income from participation fee for the tournament that will be held
twice in a year
Below are the sources of expense for the Being Young Sports club:
i) Salary of Personnel
ii) Electricity
iii) Maintenance
v) Advertisement expenses
vi) Materials
Hence above are the sources from which revenue will be earned and
expense will be done every year. There might be some unseen expenses and
revenue in the business later which will be needed to added in the cash flow
statements.
Below are the membership packages that will be offered to the customers:
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i) Diamond Package
iii)Silver Package
a. Activities include- Can play only one game and will have time
restriction. Extra fee will be taken for participating in games
other you have opted for.
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c. Benefits- A very cost effective package for those who have
financial problems and likes to play only one game. This package
can be converted into quarterly and half yearly package with Rs.
2000 and Rs. 3500 respectively for the package.
a. 70-yearly
b. 30-half yearly
c. 20-quarterly package
a. 25-yearly
b. 10-half yearly
c. 15-quarterly package
i) In the first year there will be 400 entries at each event that will
pay participation fee.
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5. Financial data:
Year 1
Year 2
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Golden Package- 20 4000 80000
Quarterly
Silver Package- 50 6000 30000
Yearly 0
Silver Package-half 10 3500 35000
Yearly
Silver Package- 30 2000 60000
Quarterly
Total 310 70250
00
Year 3
year 4
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rs e fee e
Diamond Package 50 100000 50000
00
Golden Package- 95 12000 11400
yearly 00
Golden Package- 30 7000 21000
Half yearly 0
Golden Package- 40 4000 16000
Quarterly 0
Silver Package- 40 6000 24000
Yearly 0
Silver Package-half 20 3500 70000
Yearly
Silver Package- 35 2000 70000
Quarterly
Total 310 68900
00
year 5
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Quarterly
Total 325 65500
00
Year 1
Job perso Montly Total
ns Salary /prsn Yrly
salry
Instructors 4 10000 480000
Juice & 1 3000 36000
Snack bar
Accountant 1 15000 180000
Clerk 1 8000 96000
manager 1 25000 300000
maintenanc 1 15000 180000
e
Cleanliness 5 2000 120000
Total 1392000
Year 2
Job perso Montly Total
ns Salary /prsn Yrly
salry
Instructors 5 12000 720000
Juice & 2 3500 84000
Snack bar
Accountant 1 16000 192000
Clerk 1 8500 102000
manager 1 28000 336000
maintenanc 2 15000 360000
e
Cleanliness 7 2000 168000
Total 1962000
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Year 3
Job perso Montly Total
ns Salary /prsn Yrly
salry
Instructors 5 13000 780000
Juice & 2 4000 96000
Snack bar
Accountant 1 17000 204000
Clerk 1 9000 108000
manager 1 30000 360000
maintenanc 2 17000 408000
e
Cleanliness 8 2500 240000
Total 2196000
Year 4
Job perso Montly Total Yearly
ns Salary/person salary
Instructors 5 14000 840000
Juice & 2 4500 108000
Snack bar
Accountant 1 18000 216000
Clerk 2 9500 228000
manager 2 32000 768000
maintenanc 2 18000 432000
e
Cleanliness 8 3000 288000
Total 2880000
year 5
Job perso Montly Total Yearly
ns Salary/person salary
Instructors 5 15000 900000
Juice & 2 5000 120000
Snack bar
Accountant 1 19000 228000
Clerk 2 10000 240000
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manager 2 33000 792000
maintenanc 2 19000 456000
e
Cleanliness 8 3500 336000
Total 3072000
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iii) Advertisement expense increases by 50,000 every year.
iv) Juice and snack bar revenue increases by 50,000 every year.
v) Expense of 0 year has been counted and shown earlier and hence not
shown again in cash flow statement. Just the total expense is
written directly.
Years
Particulars 0 1 2 3 4 5
balance B/f - - 18885 547254 831754
31724 20694 43 3 3
57 57
Revenue:
membership fee 63450 70250 69900 689000 655000
00 00 00 0 0
Juice and Snack 35000 40000 45000 500000 525000
bar 0 0 0
Events 40000 50000 45000 550000 600000
0 0 0
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00 0 0
materials 70000 90000 11000 130000 150000
0
Office expense 60000 70000 80000 90000 100000
Advertisement 10000 15000 20000 250000 300000
0 0 0
Miscellaneous 50000 60000 70000 80000 90000
Hence the above estimated cash flow shows that there will be positive inflow
of cash from the second year.
6. Project Control:
Project control is very important for any project because if there will be no
control even the well planned project may go haywire. Control is the process
of comparing actual performance against plan to identify deviations,
evaluate possible alternative courses of actions, and take appropriate
corrective action.
ii) There will be check on financial issues such as cost and revenue.
Whether they are in control or going out of the planned budget. If
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they will be going out than proper measures will be taken in order to
keep them in control.
iv) Proper control will be kept that there is proper co-ordination between
different staff members and that whole organization works for one
objective- providing quality service to the customers.
7. Bibliography
Below are the references of the sources from the data has been collected:
ii) http://www.playgroundonline.com/
iii) http://shop.ebay.in/i.html?
_nkw=chess&_sacat=0&_odkw=chess+table&_osacat=0&bkBtn=&_
trksid=p3286.m270.l1313
iv) http://en.wikipedia.org/wiki/Table_tennis
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v) http://www.squashgame.info/squashlibrary/14/37
vi) http://www.sportsknowhow.com/badminton/dimensions/badminton-
court-dimensions.html
vii) http://en.wikipedia.org/wiki/Basketball_court
viii) http://en.wikipedia.org/wiki/Tennis
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