COLES SUPERMARKET

Coles Future Supermarket Project

Abstract

Every Organization moves through certain phases of development, and during this process it has to execute certain projects. This paper is directed towards proposing a future project of Coles Supermarket of Australia. It will shed light on important sections such as time, cost and risk management related to the project's execution. This proposal will help management in evaluating the planned sequential steps that will lead towards providing an efficient and time saving shopping experience for the customers. This project is focused towards complete automation of the shopping process. It will also result in extensive increase of Cole's profitability due to excessive customer demand and employee performance.Table of Contents

Introduction to the Company3

Proposal Discussion3

Project Plan Outline3

Importance of Coles Future Supermarket Project4

Time Reduction4

Space Compression5

Role of Staff5

Revenue Increment5

Time and Cost Estimation6

Visible Task List6

Task Prioritization7

Persistence and Determination7

Risk Management8

External Risks8

Cost Risks8

Schedule Risks9

Technology Risks9

Operational Risks10

Resource Scheduling10

Resource Definition11

Resource Allocation11

Resource Aggregation11

Resource Levelling11

Project Teams & Issues12

Team Development & Identity Creation12

Specifying Member Roles & Procedures12

Reward Mechanisms13

Evaluations13

Issue Resolutions13

Project Performance Management14

Management by Objective (MBO)14

Narrative Method15

Performance Logs and Desired-Actual Analysis15

References16

Coles Future Supermarket Project

Introduction to the Company

Coles Supermarket has been a part of the lives of Australian citizens for many years now. It is a project of all time famous Coles which is continuing to add value to the Australian lifestyle for more than 90 years. The supermarket provides a complete shopping package under one roof with multiple products from different usage dimensions. The complexity of Coles Supermarket's operations can easily be reflected from the mere fact that it owns 741 stores on the national level and continues to grow with over 100,000 employees working currently (Wesfarmers, 2011, p. 4).

Currently the Supermarket is operating in a conventional manner with employees manually checking out order for the customers. However, this is not giving the Supermarket any point of uniqueness from the Purchasing Process point of view. In order to retain its growth pace and customer base, the firm's operations require innovations on a regular basis. One such innovative project known as “Coles Future Supermarket” is proposed in this paper.

Proposal Discussion

Project Plan Outline

The Future Supermarket Project would go through a series of steps for its implementation. The objectives of producing this project plan are as under:

Introduction to the Project

Importance of the Project

Project Time and Cost Estimation

Project's Risk Management

Resource Scheduling

Team Issues

Performance Management

Importance of Coles Future Supermarket Project

This project known as the Coles Future Supermarket is intended towards making the flow of shopping processes smoother and fast. The Project is of extreme importance because its Execution will improve the shopping experience and purchasing process in the following ways:

Time Reduction

The amount of time taken throughout the entire shopping process will dramatically reduce. With this regard, the maximum reduction would be done at the checkout section of the process chain. Specifically Quick Shoppers and Bulk or Large Shoppers would have the most to gain from this up-gradation. Moreover, there would be slots for insertion of either credit/debit cards or cash, this would have a major impact on time reduction and fraud reduction since everything would be ...