Project Management

Submitted by: Submitted by

Views: 212

Words: 2643

Pages: 11

Category: Other Topics

Date Submitted: 04/14/2013 06:11 PM

Report This Essay

1. The first step is to list all the activities and projects that you feel you have to do. Try to include everything that takes up your time at work, however unimportant. (If you manage your time using a To-Do List or Action Program, you should have done this already.)

2. Next, on a scale of 1 to 5, assign importance to each of the activities. Remember, this is a measure of how important the activity is in helping you meet your goals and objectives. Try not to worry about urgency at this stage.

3. Once you've assigned an importance value to each activity, evaluate its urgency. As you do this, plot each item on the matrix according to the values that you've given it.

4. Now study the matrix using the strategies described below to schedule your priorities.

Tasks and Activities

Important Goals & Critical Activities: (The above diagram states to list important tasks first then Critical ones. I have listed what I think it most important first, followed by other important items): Constrain, Enhance, Accept:

Constraints:

1. First and foremost the Financial Planning will be the beginning stage of the business to open. Securing any loans, and providing any collateral that may be required. Applying for whatever business start up loans would be available including SBA loan for the start of small business.

2. From this the basis of how to hire staff will be based, along with what can be spend on promotions, the opening of the establishment – which includes, the purchasing of property, and any renovations that need to be made to make the building’s structure, conducive to that of a Coffee shop.

Constrain, while also enhancing

3. While also in the Financial realm this element also helps set the budget for the “entire project” as the project manager and any owner’s will have had to acquire any necessary loans to start the business, and possibly have had to provide some type of collateral as well as providing the financial institution with a...