Project Progress Update: Talent Management

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Added on  2021/03/22

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The student has been working on a project related to talent management. They have made progress in time management and information searching skills. Despite initial confusion about gender and equality in the workplace, they have revised their project properly. The student feels that their project is on the right track after some mistakes.
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ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and
title Unit 6: Management a Successful Business Project (491)
Submission date 24/07/2020 Date received (1 st
submission)
Re-submission date 21/09/2020 Date received (2 nd
submission)
Student name Nguyen Thi Thu Phuong Student ID GBH18498
Class GBH0810 Assessor name Duong Ngoc Son
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of
plagiarism. I understand that making a false declaration is a form of malpractice.
Student’s signature:
Grading grid
P1 P2 P3 P4 M1 M2 D1
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Summative Feedbacks: Resubmission Feedbacks:
Grade: Assessor Signature: Date:
Internal Verifier’s Comments:
Signature & Date:
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Table of Contents
Introduction.......................................................................................................................... 4
Research project aims and Objectives devised..............................................................4
Project planning................................................................................................................... 5
Work breakdown structure and Gantt chart...................................................................8
Work breakdown structure............................................................................................. 8
Gantt chart........................................................................................................................ 9
Information from data collection...................................................................................... 9
Conclusion........................................................................................................................... 12
Weekly logbook.................................................................................................................. 12
Reference list........................................................................................................................ 19
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Introduction
This report is written to establish the project aims, objectives and time frames based on the
theme of talents management and the way enteerprises coped with the strategies to attract
and retain workers. Afterwards, a small scale research based on the above topic would also
be clarified in order to generate knowledge to support the project.
Research project aims and Objectives devised
To begin with, in this project, the methods and strategies of recent businesses to
counter the needs for new personnel and new talents to work and contribute at their
companies would be brought out; and how businesses reacted to the emerging
issues of high turnover rate and low commitment in the workforce will be figured
out.
Project planning
As to describe the project, the purpose of it is to figure out the connection
between companies and its strategies to attract and retain workers. This is a project
that is non-profit and will collect money from other organizations. The project will
invite public figures with high-level of popularity in the public as well as to offer their
opinions on the survey. In order to understand the facts, transparent data will be
made available to operators, managers who works in positions needed for the
demand of talent acquisition and retention strategies at work as they could consult
in businesses environment. In addition, the data will be contrasted with the situation
in Vietnam and around the world in order for all to have a multidimensional
perspective. Having read and commented on the best ideas on the subject, based
on the data given to be included in the subject, readers may suggest personal ideas.
Project Scope is one must-said aspects as it plays an indispensable roles whenever
a project is brought out. Scope refers to the specific priorities and criteria needed to
complete a project. The term is also used in running tasks. Defining the complexity
of a project correctly helps administrators to measure expenses and the time taken
to finish the job. That's what makes handling distance such a vital aspect of the
business — it saves time and resources. The scope of the project includes all the
work required to deliver a product or service. In short, the scope of the project
describes how the mission is to be realized. This involves identifying and recording
the goals, objectives, activities, team leaders, expectations and
achievements for the team. Documentation consists of declaration of intent,
declaration of function, and a description of the nature of the work (Grant, 2019).
Resources such as project schedules, progress notes and even minutes of meetings
are the results of the project, particularly deliverables. On the other hand,
hardware, software, smartphone devices, contracts or even analysis studies can be
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the results of commodity deliverables. The deliverables that customers and
stakeholders receive at the project's end are, of course, the product or service, but
paperwork also exists, as noted. These documents, once completed, are deliverables
that consumers and collaborators use to measure project progress or failure. As
mentioned above, the resolutions and surounding information from companies
should be deliverable in this project to figure out how enterprises have dealed
with the turnover rate of their employees as well as how to employ new talents. Not
only will the key resolutions be illustrated by this initiative, it will also consist of
several relevant material such as meanings, triggers, implications of gender
pay gap, sexual assault and gender divide.
Scope statement also includes technical specifications. The technical
specifications are the technical problems that have to be considered in order to
effectively complete a project. In order to carry out a project, there are things like
results, productivity and availability that the project needs to follow (Wrike, 2019).
For this project, primary and secondary analysis approaches will be used with
the help of quantitative and qualitative methods to be more precise.
Last but not least in the scope, while Limit and Exclusion should be brought out
to explain how it will benefit companies in general and the project in particular,
avoiding any unexpected situations as well as unforeseen weaknesses to be
replicated in the future. These comments single out things that are not within the
project's reach. Pupils will make false assumptions without these statements and
place unreasonable expectations on the project.
The milestone and time schedule for this upcoming project can be declared as
followed:
- 20/3/2021: Deadline for draft proposal
- 28/3/2021: Deadline for final proposal
- 4/4/2021: Draft findings
- 28/4/2021: Research findings
This project duration starts from March 20, 2021 to April 13, 2021. The project is
divided into 3 phases including the planning from 20/3 to 27/3, phase number 2
from 28/3 to 3/4 to collect the data and time to implement the plan as well as
written part from 4/4 to 28/4. In a nutshell, the project would be taken for around
four weeks.
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Resources
A successful project must have the following factors: people, time, and technology.
• People: At least 3 people are needed to implement this project because this
project requires absolute accurate information and tremendous results and
outcomes
• Time: This project takes up to 45 days to complete and also to be well-written
• Technology: The current 4.0 technology era is a part that helps project developers
find information easily and easily implement projects. Project implementers need to
use modern search tools such as computers, phones, laptops, etc.
As regards cost, it is projected that this project will take 40 slots of the total
course, which to be exact is statically equivalent to 60 hours. The number of the
amount of cash in the project should be about £780, as an average expense of £ 11
per hour. On top of that, the cost will be compensated at about £ 18 for gases and
consumables. However, a 3-hour job per day during the project duration would be a
reasonable choice, meaning that a further 66 hours would be added to the project,
the variable time while doing research might be fruitful. What I mean by saying is
that the project expense will be applied to the £780 in addition.
Project quality management requires understanding of Quality Management
standards. Therefore incorporating quality management requires controlling
systems as well as individuals. Get input from tutor and make sure the project is
completely clear to prevent problems that occur later (Ray, 2018). The systematic
application of quality management (QM) strategies in the quality of the project is
likely to be reflected. Employee provides authorisation documents on this topic and
a focus on customers. The use of these methods has been closely associated with
other elements of QM and also with the quality of goods (Barad and Raz, 2000).
Communication is a vital part of a project's progress. In reality, most project
failures are due to communication problems, according to the Institute for Project
Management (PMI). Project contact management ensures that this does not happen.
It consists of three mechanisms that help ensure that the right individuals send,
receive and comprehend the correct messages. Team teamwork management is
one of 10 main communication skills awareness areas. Throughout the project, the
key features are to have interaction regularly with the subject’s tutors, on top of
that, as primary data is mainly used during the project duration, I strongly believe
that communicating with the interviewees in order to profoundly understand the
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information collected would likely be a must-chosen options. As method and
strategies are vital issue in this project’s context, main focus for interview should be
related to this theme. Possible threats divided into 5 cases involving the voting
session have been expected. First, the Covid-19 epidemic has returned to Vietnam
with its effects. This created misunderstanding between the participants and did not
want to go to a crowded venue. This would bring down the number of participants.
The next case is technical issues that will trigger time delays as anticipated, before
and during elections. The third is the extra costs that can occur because the rental
sites are priced differently and are not set at rent time. The fourth is that
corporations should not consent to fund or project proposals that are not important
or relevant to their corporations.
Risks and resources are the mechanism used by project managers to mitigate any
future concerns that may adversely affect the timetable of a project. Risk is any
unforeseen occurrence that may impact a project's personnel, procedures,
technology, and resources. Risks are incidents that may occur, unlike problems that
are likely to occur, and you will not be able to predict when. Because of this
complexity, the danger of a project needs serious planning in order to effectively
handle them. Risk could occur any time, anywhere, to be more precise on this
project itself, which could be the breakdown of motobike on the way to school,
out of fuel, resources found could have the possibility of uselessness,
inefficient or even purely confidential, and also the shortage of data and
the difficulties of accessing them. Some of the ludicrous explanations for risks
might come up during the project as well. Private laptop, private smartphone
for study results and personal vehicle for commuting are tools used for
this project.
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Work breakdown structure and Gantt chart
Work breakdown structure
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Gantt chart
Information from data collection
Primary data is information obtained from first-hand sources by a researcher,
using techniques such as surveys, interviews, or experiments. It is compiled, straight
from primary sources, with the research project in mind. Secondary data is
research data that has previously been gathered and can be accessed by
researchers. Such data are cheaper and more quickly obtainable than the primary
data and also may be available when primary data can not be obtained at all
(Rouse, 2019). And throughout this project, I decided to utilize all two
methods to compile as well as present information related to equality and
diversity in workplace as following reasons. Secondary research is typically
easy for researchers as it is performed at home, in libraries and in other similar
locations. It may be overwhelming to go through a pile of books, magazines, papers,
etc., but it may be nice to have a cup of coffee and background music. Moreover,
secondary research is usually cheaper than primary research. As the research is
carried out mostly indoor, it does not usually cost that much. And lastly, due to the
advancement of technology, information is available online. Therefore, research can
be conducted instantly (Rahman, 2016). On the contrary, secondary research may
include knowledge that is no longer true and secondary data may not be specific. It
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is not addressed in many instances in a way that will specifically meet the needs of
the researcher. With the support from primary data, it meets the specific needs of
the researchers. It is up to date as well. Data gathered in primary research belongs
to the researchers or the study sponsored by organization, and therefore others do
not have access to the data but they do. However, collecting primary data is often
time-consuming and difficult. If the research respondents are not supportive, it may
become further complicated, and also if the sample is not big enough, the results of
the research may be misleading. Therefore, the researcher has to select a good
research sample (Rahman, 2016).
With qualitative study is exploratory analysis. It is used to gain an understanding
of the causes, beliefs, and motives that are central. It offers insights into the issue or
helps to generate ideas for future quantitative analysis or theories. Qualitative
analysis is often used to expose patterns in thinking and beliefs, and dig deeper into
the problem. Qualitative methods of collecting data differ by using unstructured or
semi-structured techniques. Some common approaches include focus groups (group
discussions), individual interviews, and involvement / comments. Usually, the
sample size is limited, and respondents are chosen to fulfill a given quota
(DeFranzo, 2011).
Whereas by generating numerical data or data that can be converted into
meaningful statistics, Quantitative Analysis is used to measure the problem. It is
used to measure attitudes, beliefs, behaviors, and other identified variables and to
generalize outcomes from a larger population of samples. Quantitative Analysis uses
observable data to formulate evidence in study and to discover patterns.
Quantitative approaches for collecting data are far more organized than methods for
collecting qualitative data. Different types of surveys (online surveys, paper
surveys , mobile surveys and kiosk surveys, face-to - face interviews , telephone
interviews, longitudinal studies) include quantitative data collection techniques,
website interceptors, online polls, and systematic observations (Raimo Streefkerk,
2019).
Through an interview with Mr. Thang, an independent manager on one of Nike's
outlets in Hanoi, the issue of talents attraction and retention was addressed. He said
that in previous years, Nike was involved in a series of meetings to find out
measures to appeal more talents to work for them, and give evidences why working
at his company is utmost precious option (Thang, 2021). Therefore, he has decided
to increase the salary for most of his employees working at the 10 of his
organization. However, problems have arisen. There are some of his employees in
the process who do not contribute ideas or work hard, but they still require a decent
salaries. Therefore, the challenge of his company brand is not being able to fulfill the
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unreasonable demands of female employees. In addition, when the brand does not
meet the requirements of employees, employees will feel pressure and discomfort,
and the turnover rate might increase substantially. The company will face a
shortage of human resources. The solution to this problem is that when an
employee demands rights and responsibilities that they are not yet worthy to
receive, the leader should not be too angry. The first thing to do is not to disparage
them, but to confirm what they have contributed to the company. Employees always
want to be recognized, so first acknowledge their current competencies.
Immediately after that, you have to tell them frankly that they are not ready or not
eligible to take a step on the promotion path. When saying this, you must have a
plan in place to help them meet the conditions that they do not currently have.
Doing this will help employees have a positive thought and try to work for a raise
(Thang, 2020).
Conclusion
To sum up, managing talent attraction and its retention is equally relevant, as it
affects all employees working in a company. Business cases have shown that
organizational prejudices and prejudice will hinder business growth and efficiency
and thus many companies look beyond any legal considerations and strategies to
effectively encourage the appealing and the retainment to enhance productivity,
opportunity and competitiveness. And recognizing the definition of how to resolve
the steps will help businesses cope with the same concerns in the near future.
Weekly logbook
Name:Nguyen Thi Thu Phuong
Project title:
Date:27/3/2021
Update on weekly research/tasks achieved
In terms of the design for the project, as well as the project plan for
costs, duration, time and milestone schedule, I have completed the
introduction and also the basic themes. Some things, such as
efficiency, communication, risk and capital, remain to be
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accomplished. · The Gantt chart has not yet been completed; thus, I
believe I can not fulfill all the criteria for the mission. · I assume I
will fulfill all the task specifications for P before the draft deadline.
Any risks and/or issues identified?
Of course, I found one that I guess it could be more detailed, which is the
ability to use Excel, I was totally ignorant on how to effectively use and
misuse the Excel for the greatest performance. · I supposed the threats are
uncertain. But, as soon as I experience any new threats, I should warn the
tutors in order to prevent myself from striking down the project.
Problems encountered
I was really struggling with excel skills, and some of the workplace sexual
harassment information is also strictly confidential, which could lead to a
lack of knowledge to clarify the goals and goals of the project.  I did consult
the tutor's advices for the Excel skills as well as the second one; but,
seemingly, it did not satisfy me at all due to the spare project.
New ideas and change of project direction
In the course of working on a project, i was confused about gender and
equality in the workplace. I have revised the project properly
What have you learned about yourself through your work?
I feel quite confused when faced with challenges. Through this poject, i
was able to gain more skills in handling situations and information
searching skills using two methods of primary data and secondary data.
Next steps for your work
Finding accurate information is an important aspect of the project
Project plan status to date
After some mistakes, I feel that my project is on the right track and is
going well.
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Tutor Feedback
Name:Nguyen Thi Thu Phuong
Project title:Equality and diversity in the workplace
Date:3 /4/2021
Update on weekly research/tasks achieved
I have completed the introduction and also the basic themes in terms of the
devise for the project as well as the project plan for costs, scope, time and
milestone schedule. So far , the work has been partly done  The Gantt chart
has been accomplished; However, the WBS is still not finish yet  Until the
deadline of the draft, I do not think that I could complete all the task
requirements for P.
Any risks and/or issues identified?
Risks, I had assumed, was unpredictable. But it should be told with the tutors
as soon as I experience some new risks in order to prevent the project from
being struck down by myself.
Problems encountered
I had difficulty in parts like: Work breakdown structure and gantt chart
New ideas and change of project direction
In the course of working on a project, I was confused about gender and
equality in the workplace. I have revised the project properly
What have you learned about yourself through your work?
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I feel quite confused when faced with challenges. Through this project, I was
able to gain more skills in handling situations and information searching
skills using two methods of primary data and secondary data.
Next steps for your work
The job I 'm going to prioritize is the completion of the Gantt chart and
WBS as I think they play a very important role in the project itself and are
fundamentally being used to Excel. And the rest of the project plan
elements too.
Project plan status to date
After some mistakes, I feel that my project is on the right track and is
going well.
Tutor Feedback
Name: Nguyen Thi Thu Phuong
Project title: Talent Management
Date: 4/07/2020
Update on weekly research/tasks achieved
I have complete the WBS abd gantt chart for the third P criterian. However, the
literature rerview and related information for appropriate tools have not been
pointed out yet, I will reconstruct and finish it on the last week of the first proposal.
Any risks and/or issues identified?
This weekend, my laptop and my bike broke down simultaneously. This was
really demotivated me. However, I still managed to get school on time and finish
what I have to do.
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Problems encountered
I did consult the tutor’s advice for the Excel skills as well as the second one;
however, seemingly, it did not satisfy me at all due to the spare project.
New ideas and change of project direction
In the course of working on a project , I was confused about gender and equality in
the workplace. I have revised the project properly
What have you learned about yourself through your work?
The ability in time management is the main foundation for the success of
the project, which I believe I have already conquered. My stamina may be
challenged to know whether I can be under pressure or not when I
encounter a problem. This contributed to the fact that after an issue
happened, I could improve and sharpen my ability.
Next steps for your work
Finding accurate information for the last P criteria in this project, which is an
important aspect of the project. But seemingly, applying both Primary and
Secondary data seem to be hard
Project plan status to date
After some mistakes, I feel that my project is on the right track and is going well.
Tutor Feedback
Name: Nguyen Thi Thu Phuong
Project title: Talent Management
Date:18 /07/2020
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Update on weekly research/tasks achieved
Write project
Any risks and/or issues identified?
At the moment, I have not encountered any risks or issues
Problems encountered
I had difficulty in parts like: Primary data and secondary data
New ideas and change of project direction
In the course of working on a project, I was confused about gender and equality
in the workplace. I have revised the project properly
What have you learned about yourself through your work?
I feel quite confused when faced with challenges. Through this project, I was
able to gain 17 more skills in handling situations and information searching skills
using two methods of primary data and secondary data.
Next steps for your work
Finding accurate information is an important aspect of the project
Project plan status to date
After some mistakes, I feel that my project is on the right track and is going well.
Tutor Feedback
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