Project management

<span class="text_page_counter">Trang 1</span><div class="page_container" data-page="1">

<b>I.EXCUTIVE SUMMARY...2</b>

<b>II. PROJECT PURPOSE/ JUSTIFICATION...2</b>

<b>1. Business need/ case...2</b>

<b>2. Business objectives...3</b>

<b>III.SCOPE... 3</b>

<b>1. Deliverables...3</b>

<b>2. Constraints, assumptions, and risks and dependencies...4</b>

<b>3. Work break down structure...4</b>

<b>IV.LOGICAL FRAMEWORK MATRIX...5</b>

<b>V. SCHEDULE/ TIME MANAGEMENT...9</b>

<b>VI.COST/ BUDGET MANAGEMENT...11</b>

<b>VII.QUALITY MANAGEMENT...14</b>

<b>VIII. HUMAN RESOURCE MANAGEMENT...16</b>

<b>1. Responsibility Assignment Matrix (RAM)...16</b>

<b>2. Communications management plan...16</b>

<b>IX.REFERENCES...17</b>

</div><span class="text_page_counter">Trang 2</span><div class="page_container" data-page="2">

<b>I.EXCUTIVE SUMMARY </b>

The traditional herbal plant is the main constituent of ancient prescription. A large number of western medical preparations contain one or more ingredients of plant origin which can not only improve human health but also replace the synthesis antioxidant. Currently, daily consumption of soft drinks has demonstrated that may cause adverse effects on human health. Therefore, people rummage for alternative nutraceutical or herbal health beverages. In the present study, many nutraceutical soft drink has been developed which take advantages of the availability and potentially nutrition of traditional herbal. Many medicinal plants have shown interesting results in various target specific biological activities. One such plant is Dinh Lang.

Herbal Beverages are considered to be an excellent medium for the supplementation of nutraceutical components for enrichment such as soluble fiber or herbal extract. It is always more convenient to consume a beverage providing health benefits rather than swallow vitamins or pills for the same health benefits. Development of P. fruticosa herbal soft drink not only brings a new yield to the beverage industry market but also deliver to the customer a product that can assume daily and contains nutraceutical ingredients for the body.

<b>II.PROJECT PURPOSE/ JUSTIFICATION 1. Business need/ case </b>

Polyscias fruticosa (L.) Harm as known as Dinh Lang belongs to the family Araliaceae, which is known as part of ginseng family. In general scientific research, Polyscias fruticosa may have recognized by others names Panax fruticosa, Nothopanax fruticosam, Ming aralia or Dinhlang. Polyscias fruticosa (L.). In Asian countries, the leaves are used as a tonic, anti-inflammatory, antitoxin, antibacterial, and are good for digestion. Furthermore, there is some research had shown that root extraction of Dinh lang proving to be a treatment of ischemia, anti-dysentery, anti-inflammatory, neuralgia and rheumatic pains.

Dinh Lang is found not only in Southeast Asia regions but also throughout other areas of Southern China to Northeastern Australia. Because of the economic benefit, Dinh Lang had been growing in a wide range of area in Viet Nam, not only for industry scale but also household scale. The major distribution of Dinh Lang was in the North of Viet Nam to be specific Nam Định, Thái Bình, Tuyên Quang, Hà Giang, Cao Bằng, Yên Bái,… Dinh Lang is a drought tolerant plants, which can survive in sandy, spongy and medium humidity soil. Therefore, they are usually located in Northern. However some province

</div><span class="text_page_counter">Trang 3</span><div class="page_container" data-page="3">

in the South can also cultivate them such as Long An, Tay Ninh,... Recently, many province have started the business of growing Dinh lang. For this research, our group had found a supplier in Kon Tum which had grown the herbal for at least 3 years and had been looking out for the solutions. Take this advantages our group had decided to start this project.

<b>2. Business objectives</b>

 Production line of new herbal soft drinks products to transfer technology to Beverage Company.

 Stick to or even trim down the planned budget.  Finish the project 2 weeks earlier or at best on time  Have profit from the project

<b>III.SCOPE1. Deliverables</b>

The end-result: development of a high quality herbal soft drink which contains low amount of additives and high concentration of bioactive compounds, nutrition compounds, and vitamins. Furthermore, provide to customer a daily consume drinks with the benefits of health.

Phase of work will be taken:

 Analyze the current situation (sales, production of Dinh Lang in Vietnam,

popularity, financial ability, the present of previous beverage soft drink, the field consumption of herbal soft drink)

<small></small> Find a suitable supplier (criteria can be: supplier’s reputation and reliability, costs, time taken, quality of the raw materials, transportation, past contracts with other partners…)

 Find a suitable transferor (criteria can be: Transferor’s reputation and reliability, the project ending cost, investment money, project time, the requirement of the transferor, the requirement quality of the ending product, …)

<small></small> Discussion and settling core framework (research of the existing products to find the way of development of new one, compromises in the contract, find a main person in-charge,..)

 Preparation of raw materials (supply, raw material processing, testing of raw material parameters and storage)

 Processing - developing into products (try the formula with many different concentrations, sensory test evaluation with trained and untrained panelists)  Check the product quality (specifications, nutrients of the product over time to

ensure storage conditions)

</div><span class="text_page_counter">Trang 4</span><div class="page_container" data-page="4">

 Draw the general technical process  Patent registration

o Formal assessment after submission form.

o The time for publication of applications shall be from the date of request for substantive examination

o Time for content evaluation

 Apply the technology transfer papers to the plant's new product development department (you can choose large beverage companies like Coca Cola).

o Department of Science and Technology

o Office of the Provincial People's Committee submits

<b>2. Constraints, assumptions, and risks and dependencies </b>

<i><b>Table 1: Constraints, assumptions, and risks and dependencies</b></i>

<b>Constraints</b> Project team: the project team is undoubtedly committed but there might be times when individual’s priorities are rearranged.

Furthermore, none of the members in the project team have the experience in administrative papers so the project time can be longer than expected.

Tight budget: this may well restrict creativity

<b>Assumptions </b> The administrative papers will be supervised for easily handled

<b>Risks and dependencies </b>

Patent registration can be denied or delayed because of the quality does not achieve the standard

The formula cannot be finished in time because it cannot meet the requirement of the panelists.

<b>3. Work break down structure </b>

Discussion and settling core framework 1 week Search and select the appropriate formulas from the network About 1 week Preparation of raw materials (supply, raw material

processing, testing of raw material parameters and storage)

About 3 months Processing - developing into products (try the formula with

many different concentrations)

6 – 7 months Check the product quality (specifications, nutrients of the 1 year

</div><span class="text_page_counter">Trang 5</span><div class="page_container" data-page="5">

product over time to ensure storage conditions)

Regist patent

+ Formal assessment after submission form.

+ The time for publication of applications shall be from the date of request for substantive examination

+ Time for content evaluation

1 month 18 months 1 year Apply the technology transfer papers to the plant's new

product development department (you can choose large beverage companies like Coca Cola).

+ Department of Science and Technology

+ Office of the Provincial People's Committee submits

About 1 month

20 working days 10 orking days

<i>Table 2: Work break down structure </i>

<b>IV.LOGICAL FRAMEWORK MATRIX</b>

<i>Table 3: Logical framework matrix</i>

</div><span class="text_page_counter">Trang 6</span><div class="page_container" data-page="6">

PROJECT DESCRIPTIONS OBJECTIVELY

Purpose After the development complete, there will be a recipe of herbal soft drink for the transferring technology

High quality herbal soft drink which contains daily consume drinks with the benefits of

Goals Opening up a new market about herbal soft drink in beverage technology. Moreover, the products can also be consumed by diabetes people.

The survey asking for potential customer have the positive result

There will be may competition about new food products that can market the project to

Outputs High quality herbal soft drink which contains low amount of additives and high concentration of bioactive

compounds, nutrition compounds, and vitamins.

The customer will feel more enjoyable with nutrition and sugar free products with the functions of refreshing the body

This can be obtained from the feedback of customer through the

</div><span class="text_page_counter">Trang 7</span><div class="page_container" data-page="7">

and strengthen the health

Activities Analyze the current situation Find a suitable supplier Find a suitable transferor

Discussion and settling core framework Search and select the appropriate formulas from the network

Preparation of raw materials (supply, raw material processing, testing of raw material parameters and storage)

Processing - developing into products (try the formula with many different concentrations)

Check the product quality (specifications, nutrients of the product over time to ensure storage conditions)

Draw the general technical process Regist patent

+ Formal assessment after submission form.

+ The time for publication of applications shall be from the date of request for substantive examination + Time for content evaluation

Apply the technology transfer papers to the plant's new product development department (you can choose large beverage companies like Coca Cola).

The document that useful for analyzing the current situation. Need the original idea beside the document.

This can be obtained from the feedback of customer through the

</div><span class="text_page_counter">Trang 8</span><div class="page_container" data-page="8">

+ Department of Science and Technology

+ Office of the Provincial People's Committee submits

</div><span class="text_page_counter">Trang 9</span><div class="page_container" data-page="9">

<b>TaskDay StartEnd DayDuration</b>

<b>Washing and drenching, drying, grinding raw material to the dry powder.</b> 20/2/2018 27/2/2018 7

<b>Extraction, shake, incubate, filter with normal paper membrane</b> 1/3/2018 10/3/2018 7

<b>The time for publication of applications shall be from the date of request for substantiveexamination</b>

</div><span class="text_page_counter">Trang 10</span><div class="page_container" data-page="10">

<b>Contracting agreement</b> 20/8/2019 20/9/2019 30

<b>V. SCHEDULE/ TIME MANAGEMENT</b>

</div><span class="text_page_counter">Trang 11</span><div class="page_container" data-page="11">

<i>Figure 1: Time management </i>

</div><span class="text_page_counter">Trang 12</span><div class="page_container" data-page="12">

<b>VI.COST/ BUDGET MANAGEMENT</b>

To maximize our investments by minimizing cost, the budget must be estimated and controlled during the developing new herbal soft drink process.

The cost management must be applied for developing a comprehensive and easy – to – implement outsourcing strategy and providing many benefits. The cost management is the result of a collaborative effort of executive management, financial management, technical and functional management and project management. Moreover, project reserves are included in the baselines and available to the project managers at their discretion. The cost distribution for each type of resources and processing details are shown in figure 1 and table 1.

<b><small>Type: Material; 30,850,000Type: Work; </small></b>

<i>Figure 2: The cost distribution</i>

The estimated budget of this project is at least 40,000,000 VND which including the following materials. Raw Dinh Lang roots and leaves without preparation are obtained 174,000 VND/ per kilograms, and the price of stevia sugar which is provided by Truong Tho company is 850,000 VND/per kilograms. Additionally, the ascorbic acid in the powder form as India source is about 250,000 VND, preservatives such as Potassium sorbate and Sodium benzoate are 190,000 VND and 80,000 VND in cost, respectively, and peppermint oil taken from India is 140,000VND per 1L. Also, the price of lab equipment and energy will raise the cost to at least 1,000,000 VND. Because of all the machine have already been provided thanks to the laboratory of IU, therefore, the budget will not contain the cost of engine. Last but not least, each volunteer will receive 50,000VND for the sensory test. Based on the cost baseline, the hourly rate of payment

</div><span class="text_page_counter">Trang 13</span><div class="page_container" data-page="13">

and remaining work for each type of resources are presented in table 2. Besides, the independent factors occurring throughout the process are employees and seasionality and weather conditions. Employees are required, quality assurance and production lines, machine systems mentioned above. Depend on raw materials, seasonality and weather conditions will produce different quality of tea leaves

</div><span class="text_page_counter">Trang 14</span><div class="page_container" data-page="14">

<i>Table 4: The cost details for each type of resources.</i>

4.1.3. Ascorbic acid powder made in

4.1.4. Potassium sorbate

4.1.7. Laboratory equipment and

</div><span class="text_page_counter">Trang 15</span><div class="page_container" data-page="15">

<i>Table 5: The remaining work for all work resource. </i>

<b>Developing Dinh Lang soft drink</b> Oct 09 2017 Oct 31 2017 28 hrs

<b>Designning the label and packing</b> Oct 31 2017 Nov 03 2017 55 hrs

<b>Manufacturing Dinh Lang herbal soft </b>

<b>Marketing & Evaluation of customers</b> Dec 15 2017 Jan 28 2017 28 hrs

<b>VII.QUALITY MANAGEMENT</b>

</div><span class="text_page_counter">Trang 17</span><div class="page_container" data-page="17">

<b>VIII.HUMAN RESOURCE MANAGEMENT </b>

<b>1. Responsibility Assignment Matrix (RAM)</b>

Keep track of quality each day of design team and performing team

Assign members in their work which in suitable for all of them.

Complete product: making dry powder, extraction, sensory test, set up experiment, analysis, etc

6 Whole team 6 Generate technique & request a patent

<b>2. Communications management plan</b>

<i>Table 7: Communications management plan</i>

</div><span class="text_page_counter">Trang 18</span><div class="page_container" data-page="18">

1. Hebbar, R. D., & Monnanda, S. N. (2013). Phytochemical screening, total phenolic content and in vitro antioxidant studies of leaf, bark and flower extracts of Schefflera spp.(Araliaceae).

2. Garg, M., & Ahuja, V. (2015). Development and Evaluation of a Nutraceutical Herbal Summer Drink. Development, 1, 24284.

3. Seidemann, J. (2005). World spice plants (pp. 115-253). Springer.

4. Huan, V. D., Yamamura, S., Ohtani, K., Kasai, R., Yamasaki, K., Nham, N. T., & Chau, H. M. (1998). Oleanane saponins from Polyscias fruticosa. Phytochemistry, 47(3), 451-457.

5. Quisumbing, E. (1951). Medicinal plants of the Philippines. Department of Agriculture and Commerce, Philippine Islands Technical Bulletin., (16)

</div>