logo

Managing a Successful Business Project - Solution

21 Pages4888 Words271 Views
   

Added on  2020-10-22

Managing a Successful Business Project - Solution

   Added on 2020-10-22

ShareRelated Documents
Managing a SuccessfulBusiness Project
Managing a Successful Business Project - Solution_1
TABLE OF CONTENTSINTRODUCTION ..........................................................................................................................3LO 1.................................................................................................................................................3P1. Aims and objectives.........................................................................................................3P2. Project management plan.................................................................................................3P3. Work break down structure and Gantt chart ..................................................................5LO 2 ................................................................................................................................................7P4. Research methodology....................................................................................................7LO 3.................................................................................................................................................9P5. Data analysis....................................................................................................................9P6 Communicating appropriate recommendations..............................................................15LO 4...............................................................................................................................................16P7 . Reflection on value of Undertaking research ...............................................................16CONCLUSION .............................................................................................................................16REFERENCES..............................................................................................................................17
Managing a Successful Business Project - Solution_2
INTRODUCTION Globalization can be referred to as spread of investment, products and technology acrossthe national boundaries. It is the phenomenon which has helped enterprises in expanding theirbusiness operations at international level. Globalization has great implication as it has given riseto cross border trade of goods and services (Epstein, 2018). It has bough great transformation inbusiness environment. Globalization has given rise to firm an opportunity to increase theirprofitability by expanding business at international level (Enderle, 2018). The present study will emphasize on research method used for analyzing the identifyingthe ethical, cultural and economic impact of globalization on the marketing activity – A casestudy of Tesco. It is a British multinational organization operating business in retail sector. LO 1P1. Aims and objectivesAim : To analyze the positive, cultural, economic and ethical effect of globalization onmarketing and HR function - A case study of Tesco.Objectives :To understand the concept of globalization.To identify the economic effect of globalization on Marketing and HR functions ofTesco.To Explore the ethical and cultural impact of international on marketing function ofTESCO. To suggest the way using which Tesco can improve both HR and marketing function ininternational environment. P2. Project management planCost :These are the basically expenses which are directly associated with implementation ofinvestigation process and also project. In context of research the major costs is associated withcollection of facts as well as figures related to the topic. The expenditure which are related toexecution of research project are travelling expenses, communications, printing expenses,salaries of project manager as well as team members etc (Newbert, 2018.). In addition to thiscost is also associated with purchase of equipments. Estimated cots which is associated withpresent study is 50000$. Budget has been prepared by scholar considering the expenditureincurred in executing previous studies.
Managing a Successful Business Project - Solution_3
Scope: It defines the key deliverables and milestones which are to be achieved. Presentinvestigation on topic cultural, ethical and economic effect of globalisation on Her an Marketingfunctions has limited scope.Time : It is one of the most essential component of project plan. Time is basically a schedulewhich consists of the period within which specific task is required to be completed (Adhariani,Sciulli and Clift, 2017). Gantt chart has been drawn by investigator which consists of start aswell as finish time of each research activity, as this has assisted them in completion oninvestigation on time.Quality: The validity and reliably of data collected by scholar during the time of investigation iscomplete based on quality of information. It is the factor which has direct as well as significantimpact on the results of research. Few Quality standards has been set by investigator in presentstudy which will assist them in analysing the performance gap. It will also provide scholar anease in monitoring.Communication : It is considered to be as crucial component of project management plan. Aneffective communication is very much important in order to avoid overlapping of activities aswell as prevention of wastage of resources (Boyd, 2017). In present study researcher hasprepared the communication plan according to which interaction between different stakeholderwill take place Information tobe shared Target audience Time Method ofcommunication Provider Report of Milesstone senior manager Two times inmonthsmeeting E-mail Project manager Project statusreport Project manager After five days E-mail Project leaderWork statusreport Project managerWeekly E-mail Team leader Risk : The main risk associated with execution of investigation is related to the occurrence ofethical issues. Investigator in order to eliminate the ethical issues has implemented the differentstrategies such as they have communicated the all important information about investigation
Managing a Successful Business Project - Solution_4
procedures to participants. In addition to this they have taken written consent before gatheringthe information. In addition to this, there is high risk of delay in completion of research projecttime. Scholar in order to avoid the risk of delay in research has adopted the time managementstrategy. Resources: Resources are needed at each and every phase such as for developing plan related toexecution of study to implementation of investigation procedure. The important resources whichexecution of the research are funds, human resource, technology, communication devices,internet, knowledge, research skills, stationery and other equipments (Clarke, 2018).P3. Work break down structure and Gantt chart ActivitiesWeek 1Week 2Week 3Week 4Week 5Week 6Week 7Searchingand makingchoice oftheresearchtopicEstablishment ofaim andobjectivesWritingLiteraturereviewAccumulation offacts orfiguresrelated tothe topic ofinvestigationData
Managing a Successful Business Project - Solution_5
analysisDrawingconclusionChangeaccordingtofeedbackreceivedSubmission theInvestigation report
Managing a Successful Business Project - Solution_6

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Cultural, Economical and Ethical Effect of Globalisation
|24
|4931
|475

Managing A Succeful Business Project
|29
|4997
|32

Globalisation: An INVESTIGATION ON GLOBALISATION OF TESCO INTRODUCTION
|19
|3379
|423

Managing Successful Business Project Assignment - Tesco
|15
|2685
|253

Sample Assignment on Managing a Successful Business Project pdf
|24
|4450
|301

A Case Study on Tesco
|29
|6242
|166