BUS-528-Final_v2

BUS-528Project Management Final Presentation : 

BUS-528Project Management Final Presentation Alice Leung Chih-hsiung Tseng

Qigong Institute : 

Qigong Institute Goal Qi Institute is a green facility open to adults and children who are interested in learning and practice qigong to improve health and self well-being. Mission Our mission is to relax, revive, and rejuvenate the human body and soul, one by one, day by day.

What we have in mind : 

What we have in mind Grand opening in January 2011 Have $100,000 funding with $20,000 in reserve Lease a 3,000 sq ft space cost less than $4,500 per month by September Green facility ready by end of Dec 2010 Hire at least one key master and one assistant

Our Team : 

Our Team Business leader/Sponser: Tony Tseng Direction, funding, and hiring Project manager: Alice Leung Office manager: Alice Leung Purchasing, day-to-day operations Interior Designer: Max Constructor: Sophie Key Master: Master Hu Class content Promoter: Tony Advertisement

Stakeholders : 

Stakeholders High Power Low Low Interest High Sponsor Constructor Designer Promoter City Financial Dept Key Master

Communication Plan : 

Communication Plan

Identify the Risks : 

Identify the Risks Problems with permits Design does not meet city code Delay of construction Material in back order, weather Short of funding Underestimate the cost Change of minds Key master not available

Response Plans : 

Response Plans Permit Building - find alternative solution Business – consult with attorney Delay of construction Rent or borrow warehouse or school Short of funding Apply for a business loan Invite more investors Change of minds Recruit more instructors

Work Breakdown Structure : 

Work Breakdown Structure

Work Breakdown Structure : 

Work Breakdown Structure Business setup (30) Name and logo Trademark registration License and permit Apply EIN (employee identification number) Apply business license federal tax ID number Open a business banking account Staff Recruit Instructors Part time accountant Financial advisor Legal attorney Facility Leasing Choose an agent Locate a place Sign lease agreement by 9/1 Design Choose Interior Designer (2) Have design ready by 8/15 Get permit by 9/1

Scheduling : 

Scheduling

Budget Estimation : 

Budget Estimation

S.M.A.R.T. : 

S.M.A.R.T. Specific Yes, the goal of our center is well defined Measurable Yes, financial and time line is set Agree Upon Yes, Tony and I agree with the business direction At least one qigong master agree to teach in our center Realistic People are interested in qigong At least construction team will be available in September Time-Framed Six months is planned and targeted for this project

Slide 14: 

Thank You