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Assignment 1:
Statement of Work - Opening a Vegan restaurant on campus
Group 1: Insiders
Marshal K Mathew
Mohamed Inamul Hassan
Samikshya Subedi
Van Der Linden
Jasmeen Velani
Lawrence Kinlin School of Business, Fanshawe College
MGMT-6128 – Project Management Professor Nessen Ramsamy
Jan 19, 2024
1
Assignment 1: Statement of Work - Opening a Vegan restaurant on campus.
Objectives: The main objective of this project is to provide high-quality nutritious vegan food to the students and staff of the college. Innovate and experiment with new vegan recipes, ingredients, and techniques, implement sustainable and eco-friendly practices and policies that reduce the environmental footprint of the business, creating a welcoming and comfortable atmosphere that attracts customers, promoting veganism in college are our other goals. Finally, to generate a profitable stream of income which can cover the operational costs and allows for growth and expansion.
High level Deliverables:
Creating a business plan that outline the concept, budget, schedule, the roles and responsibilities and terms and conditions of the project.
Finding a good spot, equipment, furniture, inventory for the vegan restaurant that meet the quality, safety, and ethical standards of veganism.
Restaurant name, logo, menu, and a signage that highlight the values and uniqueness of the restaurant.
Creating a social media presence through you-tube account or personalized website to promote the restaurant and veganism.
A marketing strategy, a pricing strategy, a promotion strategy, and a loyalty program for our vegan restaurant that attract and retain customers and generate revenue and profit.
Soft launch which will have special guests and open to review and feedback from guests and later will have an official launch of the vegan restaurant.
2
High level budget:
Below is a comprehensive estimate for the project of launching a vegan restaurant on the main campus of Fanshawe College, London, Ontario. This budget breaks down expenses by category so that the financial requirements can be understood more thoroughly.
Description
Estimated
Cost
(CAD)
Total
(CAD)
Notes
Design and Layout Planning
5,0
00.00 Architectural services, layout design
Equipment and furnishing
Kitchen Equipment
20,0
00.00
Industrial-grade stoves, ovens, refrigerators, etc.
Furnishing and Décor
10,0
00.00
Tables, chairs, lighting, decoration elements
POS System
5,0
00.00 35,00
0.00 Point-of-sale system for transactions
Construction and Interior Setup
Renovations and Remodeling
30,0
00.00
Structural, plumbing, electrical work
Interior Design
15,0
00.00
Decor, paint, fixtures, branding
Permits and Licenses
10,0
00.00 55,00
0.00 Regulatory compliance, health inspections
Menu Development
5,0
00.00 Hiring a chef, recipe development
Staffing and Training
Recruitment
25,0
00.00
Advertising, hiring process
Training
5,0
00.00 30,00
0.00 Onboarding, skill development
Marketing and Promotion
Advertising
8,0
00.00
Print materials, online ads, flyers
Opening Ceremony
5,0
00.00
Launch promotions, event coordination
Signage
1,0
00.00 14,00
0.00 Exterior and interior signage Emergency Reserve
15,00
0.00 Unforeseen expenses and changes
Total Estimated Budget
159,00
0.00
3
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