Description
you will submit the assumptions and contingency planning, in which you will clearly explain the assumptions you have made in creating your business implementation plan, any factors that may affect those assumptions or the success of the project, and how you have planned for those contingencies. based on Starbucks integrated system. Pls follow the rubric, must include at least 5 scholarly sources.
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Running Head: ASSUMPTIONS AND CONTINGENCY PLANNING
Assumptions and Contingency Planning
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ASSUMPTIONS AND CONTINGENCY PLANNING
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Assumptions and Contingency Planning
Assumptions
Effective planning for the success of a project substantively relies on the correct
statement of the assumptions and constraints. Typically, assumptions, constraints, as well as
contingency planning are significant because they pave the way for sufficient risk analysis,
appropriate project delivery, and effective project planning. Before designing and implementing
a new project, in this case, Starbucks integrated system, the company’s management, and other
senior personnel must agree on assumptions and establish a mutual understanding of project
success. This move will minimize project failure rate at the same time offer a basis for
establishing risk mitigation approaches and contingency plans. Therefore, assumptions refer to
aspects that are presumed to be true but in the real sense might not be accurate and true
(Heldman, 2018).
A project assumption refers to a documented statement that is not projected to change for
a specified period of a project. Essentially, assumptions entail some facts that a project can make
to evidently set anticipations. A change to assumptions essentially has a considerable effect on a
project because they are the basis for project designs, implementations, and decisions. For
Starbucks Inc., the company has made several assumptions in creating the implementation of the
integrated system. The following are some of the assumptions made;
I.
Key and top talents will be available and involved in the implementation of Starbucks
integrated system.
II.
The company through the project management team will be able to develop and
implement the technology within 12 months.
ASSUMPTIONS AND CONTINGENCY PLANNING
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The project will meet the customers’ changing needs, and preferences and their
III.
perceptions, as well as the purchasing be...