Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mini Project Case: Willmontts is a small OKC general contractor with 5 - 1 5 employees depending on how busy they get. The company has

Mini Project Case: Willmontts is a small OKC general contractor with 5-15
employees depending on how busy they get. The company has engaged in a number of construction projects which have required them to perform a wide range of routine to innovative business practices. They have decided to diversify their revenue and look for a new field to move to and expand their business within the OKC metroplex area. Therefore, they already performed a feasibility study to assess the possibility of expanding into the field to help the company expand into mainly House services including
1.Garage Door services 2.fence, 3. gates
Willmonts have chosen the field that they want to move on. At this point they have to define a marketing strategy. The Operations officer and the business co-owner (George Cranston) of Willmotts has discussed
this subject with Henry Willmont, the companys CEO and they have decided to employ a consulting company to
1- design a marketing study project
2- manage the marketing study project
Mr. Cranston has made an agreement with your team as the consulting company to achieve those three goals. Willmonts will customize its systems, practices, and business processes to conform to the project requirements defined by you. The team leader will be the CEO of the consulting company and lead this project. The team expects to 1-manage the project which is mainly done through mini-projects.
Generally, from Willmonts perspective, the project will likely need to accomplish the following (all information should be collected for OK and OKC unless it is mentioned otherwise):
1. Market outlook for OKC
a. Available market segments
b. List of top ten competitors
c. The market size in terms of dollar value
d. Demographic study of customers
2. Develop a marketing strategy to penetrate the requested market in OKC
3. Communication strategy
a. Advertising strategies currently being used by the companies in the field and the problems that you can identify with current advertising strategies in the field.
b. Suggest a promotional slogan/motto that communicates the major benefits of the business
c. Suggest a medium of advertisement and provide an estimation of the cost
d. Suggest an advertising strategy to penetrate the market
4. Managing the firms physical evidence
a. Your team suggestion over a truck wrapping.
b. Develop strategies that enhance the firms touch and taste appeal.
Willmont is considering offering its services in the following cities.
i. North of Oklahoma City
1. Edmond
2. Guthrie
3. Nichols Hills
4. village
ii. East of Oklahoma City
1. Del City
2. Midwest City
iii. South of Oklahoma City
1. Valley Brook
2. Moore
3. Norma
iv. West of Oklahoma City
1. Mustang
2. Yukon and El Reno
3. Minco and Union City
Willmonts has allocated a maximum of $20,000 for this market study project. Each team member
is paid 40 USD per hour. Use these numbers to calculate the maximum hours of work that you will
be paid to work on it. This hour should cover both managing the project and doing the marketing
study. You have been asked to ensure that your project does not go over this figure, and, if possible,
that the total project cost is under that amount. Willmonts and consulting company (your team)
agreed that they would like to have the market study project by the due date mentioned on D2L.
Summary of Wilmonts Personnel Involved in the Project (name initials are in brackets):
1. George Cranston (GWC), Co-owner Operations VP
2. Henry Wilmont (HW), CEO
3. Mary Pearson (MJP), Project Lead, Business Operations Team
Other stakeholders includes creditors and suppliers
a. Please identify resources (people, materials, equipment, etc.) required for each
element in the project schedule. Please follow the guidelines in section 9.1 of the
chapter for selecting appropriate resources. Please focus on your team, which is
the consulting group. List the resources you are using to do this research.
b. Develop the responsibility assignment matrix (RAM) and RACI table as
explained in Chapter 9.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Restaurant From Concept to Operation

Authors: John R Walker

6th Edition

9781118139950, 470626437, 111813995X, 978-0470626436

More Books

Students also viewed these General Management questions

Question

Prepare a short note on dandi March ?

Answered: 1 week ago

Question

Famous slogan in India?

Answered: 1 week ago

Question

Dr.br.ambedkar for the development views ?

Answered: 1 week ago

Question

Classify Various Phases of clinical Trials?

Answered: 1 week ago