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Task 2: (60% marks) As a result of the outbreak of COVID-19, the business of a garment company Ricado has been hard hit and the

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Task 2: (60% marks) As a result of the outbreak of COVID-19, the business of a garment company Ricado has been hard hit and the order has dropped by 50% compared to last year. This is because during the pandemic time, consumers of their key markets are mostly not allowed to go out due to the lockdown policy. The owner of the company Ricky Leung is considering diversifying its business. Ricado is a Hong Kong based company started up in 1970s. Initially they are manufacturing fast fashion for brands in the European market. Due to the increase in labor and rental cost in Hong Kong, the factory was moved to Shenzhen, China in 2000. Since then, they focus on producing high quality products for fashion brands. Based on a business environment and strategy review meeting with the directors, considering the unknown time for resuming to normal life without the pandemic impact, Ricky has decided to start up a surgical mask business. You have been headhunted to work for the company as Project Manager to organize this new surgical mask business. The management has asked you to write a report (2,300 words) from a project management perspective to outline and explain the activities required to successfully manage this new initiative, ensuring that this is on time, and within budget The analysis should include the skills and competencies required by the Project Manager, along with the project management process. Use examples of the Project Management Process, for example concerns, stages, processes, leadership

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