Business Plan for System Capsule Hotel in Sydney, Australia” BSBPMG522A Undertake project work

 

Initiation and scope

Project brief

            The project is a business plan for establishing a capsule hotel in Sydney Australia that will cater inexpensive place to stay for slumber with basic needs provided for a beautiful experience of indulging stay.

Project purpose and rationale   

This project aims to develop an effective business plan for the establishment of the business under hospitality industry where the company will bring a high quality place but in very appealing and affordable price with a theme of being an eco-friendly hotel establishment.

 Project title
 The project title will be “ Business Plan for System Capsule Hotel in Sydney, Australia”

Project purpose

                This project purpose constitutes the following: a. Create a systematic effective business plan that will explain the strategies for the development of a business named System Capsule Hotel in Sydney Australia.

Background and strategic context

                Staying in Sydney Australia may require some financial stretch especially for backpackers and travelers. The high costs of the regular hotel can distract the budget of some travellers and finding relief is also stressful.

Priority

                Prioritize the business needs and activities for the development of the business.

Related projects

       Some innovative business projects intends to promote eco-friendliness of some entrepreneurial activities.

Project client/owner
The owner of the project is  Joredyl Bantugan, the author of this project.

Project sponsor
The project sponsor is JBantugan, assuming the big capital investment and help of two business partners.

Project manager
 The main owner of the business idea will perform and coordinate as the project manager or the person who has the responsibility to manage the project on a day-to-day basis.

Project status
Project Proposal is on going for better business compliance.

Special provisions

Follow the underlying relevant legislations of Sydney Australia.

Project scope document.

In Scope	Out of scope (exclusions)	Assumptions	Constraints
These are items that you are definitely going to deliver/manage. The project is intended for making an available capsule hotel that will give great hotel experience at affordable experience.   The business plan is a profit-oriented business.     The business partners are going to contribute some investments.   Staffs works as the industrial partners in this project.	Other districts/ states are not part of the business plan yet.           Other business are not explained.       Investment for partnership will be indicated. Exclusions are things that don’t form part of your project, but could influence whether or not you can successfully achieve your objective.	The government and local NGOs will coordinate in this project for some sponsorships or ads         Good business plan will be coming from good ideas and innovation of minds.   The partners understand the mission is to introduce an eco-friendly capsule hotel in Australia.         Knowledge about the project that is taken as being true or correct for the purposes of project planning. Assumptions are circumstances and events that need to occur for the project to be successful but are outside the total control of the project team.	Communication constraints due to missed coordination or wrong delegations           Some financial constraints in mobilising the project.   Capital constraints.       Financial constraints due to lack of financial allowance for the staff or facilitator.These could include any restrictions to the start/finish date, time, deliverable or milestone dates, budget limitations, resourcing limits, vendor restraints, etc.