I have already selected to do a wedding plan project. Attached is what I have worked on so far ( the summary and a list of my stakeholders) In Excel, I have to create a Work Breakdown Structure Diagram. The Work Breakdown Structure (WBS) must have a work listing covering four levels. I need a visual representation of the work schedule or a list that covers at least four levels using a numbering format in excel. The numbering format must be included in either format. Identify the stakeholder's three requirements or parts. The name or designation to identify the stakeholder. The role of the stakeholder in the project. The level of influence the stakeholder has on the project.
Primary Stakeholder · Bride · Groom · Family of both the bride and groom Secondary Stakeholder · Event Management Team (decorations, etc.) · Caterers · Wedding location administration · Hotel Staff (accommodation of the guests) · Videographer / photographer · Lightening and sound (DJ) · Priests · Makeup artists · Invitation (printers and posting service provides) · Travel partners (pick and drop service for guests) Risk analysis · In climate weather · Guest’s safety and security. · Venue fixtures and facilities. · Caterers' setback Resources required for project (departmental or external) · Financial resources: provide by bride, groom and family contributions · Human Resources: time and dedication by many friends and family are required to aid with the preparations. Summary Getting married is one of the most important days in a person’s life. Before the wedding day, it is very important that one has a good idea of what she wants and needs from her partner. Wedding planning is a full-service event organization that offers full organization and counseling for weddings, blessings, and other occasions. A project plan is key to successful projects. It outlines the tasks and resources that should be allocated for a given project, and it sets the stage for what should happen if something goes wrong. This step can be easily done by selecting the right stakeholders for the wedding. Stakeholders According to Jacobs & Chase (2020), Shareholders are investors are those who own a portion of a company's stock. Many companies now have expanded their strategy to include stakeholder engagement. This expanded view also means that a firm’s strategy should also consider the social and environmental impacts of its activities. After we have identified the various stakeholder groups, the managers should monitor and manage their relationships. They should communicate with them openly and without hesitation about their concerns and contributions. Reference Jacobs, F. R., & Chase, R. B. (2020). Operations and supply chain management (16th ed.). McGraw-Hill. The most important trend is Machine learning, and artificial intelligence is the most prominent and significant trend that we're seeing right now. AI is becoming more prevalent in businesses. They're transforming how companies operate and will allow machines to make decisions autonomously. The most Operations Management value is Artificial Intelligence (AI) and Machine Learning, which allows a machine to learn and perform tasks without programming. This network can learn complex tasks and act as algorithms that mimic human thoughts and behaviors. Overall, Machine learning is a process that uses algorithms to learn from large amounts of data. This procedure allows computers to find hidden insights without being programmed to do so. Top ten list: 1. Private Internets 2. Blended Edtech 3. Social Gaming Social Network 4. Reinvention of Clothes Purchasing 5. AR Glasses get connected 6. Headless Tech Disrupts Industries 7. Wearable Normality 8. White-Collar Task Automation 9. Cashless payments (online payment platforms) Was there a technology new to you? Yes. The technology that was new for me to learn is blockchain, which helps with security and efficiency. They are secure and are used to store and validate transactions. Overall, they will transform how businesses operate. Jennifer! Great job explaining the product-process matrix and the value it holds in business operations. According to Jacobs and James (2020), a product-process matrix method can help identify areas for improvement, and it can also be used to make better decisions. You created a method that could help the Italian restaurant best structure their operations by having a work center because it does not produce many meals in a day. Instead, it is creating various dishes that are very different from one another. A great idea! Jennifer! Great job explaining the product-process matrix and the value it holds in business operations. According to Jacobs and James (2020), a product-process matrix method can help identify areas for improvement and be used to make better decisions. You created a method that could help the Italian restaurant best structure their operations by having a work center because it does not produce many meals in a day. Instead, it is creating various dishes that are very different from one another. A great idea! Reference Jacobs, F. R., & Chase, R. B. (2020). Operations and supply chain management (16th ed.). McGraw-Hill.