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The Project Outline describes in broad terms: the purpose of the project the background (i.e. why did you choose this particular project, problem statement etc) KT Scope Project SMART objectives...

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The Project Outline describes in broad terms:

  • the purpose of the project
  • the background (i.e. why did you choose this particular project, problem statement etc)
  • KT Scope
  • Project SMART objectives
  • Stakeholder Analysis
  • Communication Plan
  • First draft of a detailed project plan (MS Project Plan/Project Plan 365), ie proposed steps in completing this project.
Answered Same Day May 25, 2022

Solution

Tanmoy answered on May 26 2022
102 Votes
NORTH INDIAN RESTAURANT
Table of Contents
Introduction    3
Analysis    3
Conclusion    4
References    5
Introduction
SMART objectives are a guide for setting various goals for achieving better results and maintaining a healthy work environment, employee-performance management along with personal development. The word SMART is segregated into Specific, Measurable, Achievable, Relevant and Time-Bound. We will use the SMART objectives for setting goals and analysis of a North Indian restaurant.
Analysis
Specific: It will be increasing the monthly revenue by 10% by the end of June 2022. This can be achieved by reducing the price of foods available in the restaurant, providing extensive assortment of foods and still maintaining a high quality.
Measurable: The value of the business is 250000. Hence, the revenue that will be generated on a monthly basis will be approximately 100000. Therefore, the increase in the monthly revenue will be 10%. In the next month i.e., July’2022 the revenue will increase to...
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