Construction of New Food Court

Topics: Decision theory, Project management, Risk Pages: 20 (2638 words) Published: December 11, 2014

Construction of New Food Court
This Report is in Partial Fulfilment of the Course Assessment for MGMT2012 Quantitative Methods. The University of the West Indies, St. Augustine Campus Submitted to Dr. Shelly-ann Wilson, Course Lecturer

Dated November 21st, 2014

Construction New of Food Court
This Report is in Partial Fulfilment of the Course Assessment for MGMT2012 Quantitative Methods. The University of the West Indies, St. Augustine Campus Submitted to Dr. Shelly-ann Wilson, Course Lecturer

Onika Dennis 813002500
Kishauna Dottin813001412
Gabriella Antonine 813001424
Dion Mc Leod 813002948
Shakiyla Daniel811001002
Dated November 21st, 2014

Table of Contents
Page
Introduction
1-3
Data Collection and Analysis Methods
4-5
Decision Analysis
6-12
Project Management
13-14
Forecasting
15
Validity of Recommendations
16-18

Introduction
Description of Scenario
The University of the West Indies, St. Augustine has adopted many local, regional and international students. For this reason, food must be made readily available and accessible to them. However, there is a problem with the accessibility of such foods. There is only one food court, located on the southern side of the campus. Students on the northern side of the campus attending the university as well as those attending open campus are far away from the cafeteria. This causes extensive time and energy to be lost walking to the cafeteria and these are two resources that are generally very precious as a university student.

List of Alternatives
Delivery Services
Expanding the existing food court on Southern side of the University Construct small food court
Construct large food court
Do nothing at all
In this project we focused on three of the above alternatives, construct a small food court, construct a large food court and do nothing at all. The reason for the delivery services not being a main alternative is because it can be very costly to call the various restaurants and pay the delivery fee. Secondly, there was the alternative to expand the old food court. Although some may see this as cost efficient, it defeats the purpose of having the availability of food to students and staff of the Northern side of campus.

Project Objective
Due to the problem of the lack of another cafeteria on the northern side of campus a decision must be made as to whether to start a project to create a new cafeteria or not. This is important to increase availability of food courts around the campus. It can also be seen as an alternative form of income to the university and/or potential businesses, as students as well as people outside the university can easily access the northern side of the campus.

Scope of Analysis
To analyze this situation and by extension make a decision as to if an extra cafeteria on the northern side of campus should be constructed was an in depth process. There were three possible alternatives: Construct a large building

Construct a small building
Do nothing (do not construct new building)
To decide which of these alternatives was best, we used decision trees, forecasting and project management as quantitative methods of analysis.

Analysis Methods
Decision Analysis
Project Management
Forecasting

Assumptions
We assume that the new food court would attract a positive light to the university. The construction of the new food court would be convenient to those students and staff on the Northern side of the campus. We assume that most of the University’s population would be in favor of the new food court since there are limited food facilities.

Limitations
As with most things there are limitations, and this project was no exception. 1 It was time consuming and very demanding to get all the information. 2 To get a proper assessment costs money and was difficult to attain. 3 There was difficulty in...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Food Court Essay
  • New Food Court Essay
  • Food Essay
  • Foods Essay
  • New Food Launching Analysis Essay
  • food chemistry
  • News: Reflection or Construction of Reality? Essay
  • Essay about Costco Food Court

Become a StudyMode Member

Sign Up - It's Free
Masterminds (2016) | As I AM: The Life and Times of DJ AM | Versailles - Season 3