+1 (208) 254-6996 [email protected]
  

Residency Project 2 “Sustainable Summer 2022 in Saugatuck, Michigan by Eco-Know Products” Pranav S. Aundhkar Chowdhury Priyadarshi Samal Venkatesh Miryanam Kruti Pandya Pugazhvel Thirthar Palanivelu University of the Cumberlands BADM637 – M41 Strategic Applied in Project Management K Holland March 04, 2022

Sustainable Summer 2022 in Saugatuck, Michigan by Eco-Know Products

Don't use plagiarized sources. Get Your Custom Essay on
Residency Project 2 “Sustainable Summer 2022 in Saugatuck, Michigan by Eco-Know Products” Pranav S. Aundhkar Chowdhury Priyadarshi Samal
Just from $13/Page
Order Essay

Abstract

This Research project highlights the need for plant-based food packaging and has more meaning than just saving the planet. From ecofriendly products that easily stores food, produces zero waste and is as effective as the plastic containers. These products yet again amp up perceivability and are user-friendly. We at Eco-Know Products go above and beyond in creating a sustainable future for our planet Earth. Different project processes, significance of morals, incredibly committed individuals involved in project lifecycle, and project choice and prioritization, and so forth have also been discussed. This paper also highlights the charter for the project, project scope, work breakdown structure, project plan, financial plan, investigation of risks involved and more.

Keywords: project, management, sustainability, plastic, eco-friendly, scope, charter, structure, schedule, budget, risk, control, Eco-Know Products

Sustainable Summer 2022 in Saugatuck, Michigan by Eco-Know Products

 

 

 

BUDGET SUMMARY
               
Sustainable Summer 2022 in Saugatuck, Michigan by Eco-Know Products
Saugatuck, MI
Task     Materials    
No. Task Description Labor Expenses Markup Budget
1.1 Research $5,700 $0 $0 $5,700
1.2.1 Inclusion of sustainable food containers $5,850 $85,000 $12,750 $103,600
1.2.2 Replacement of take-out bags $7,200 $10,625 $1,594 $19,419
1.3.1 Replace sources of plastic wastage $2,775 $95,625 $14,344 $112,744
1.3.2 Execution of plan for reduction of housekeeping cycles $2,250 $0 $0 $2,250
1.4.1 Reduction of sale of plastic items $8,250 $42,500 $6,375 $57,125
1.4.2 More inclusion of sustainable products $8,250 $0 $0 $8,250
1.4.3 Eco-friendly and reusable bags $8,250 $53,125 $7,969 $69,344
1.5.1 Installation of solar panels $3,000 $531 $80 $3,611
1.5.2 Install sensor enabled lights, and taps $1,500 $213 $32 $1,744
1.5.3 Encourage renting of electric vehicles $3,000 $213 $32 $3,244
1.6.1 Billboards to market eco-friendly products $1,050 $213 $32 $1,294
1.6.2 Advertisement in Television and radio $3,000 $106 $16 $3,122
1.6.3 Volunteer Program for beach clean ups $2,250 $0 $0 $2,250
  SubTotals $62,325 $288,150 $43,223  
  Markup $0 $43,223    
  Budget Estimate $62,325 $331,373   $393,698
           
  Total Budget Estimate       $393,698

 

 

 

Risk Assessment

Every project is associated with some level of uncertainty to it. It is essential to identify all the possible risks that might delay the projector and create a budget run situation at the beginning of the project. We at Eco-Know product conduct a brainstorming session at the beginning of the project to identify what can go wrong with the project, how to Minimize the Impact of the uncertainty, what proactive measures we should take, and what will be our contingency plan. All the above question helps to prepare us to take proactive steps, reduce negative impacts, and have better control over the project execution (Grey, Larson, 2021).

 The purpose of a risk assessment table is to display all possible risks, understand the likelihood of the event happening, and outline a mitigation strategy. This document will help our Eco-know team to deal with future uncertainty. The description of all the columns is,

Risk Description: All the risks identified during the brainstorming session.

Impact Statement: Explains the Impact of the risk.

Order your essay today and save 10% with the discount code ESSAYHELP