Diploma in Business (PDF)

ASSIGNMENT 2 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 6: Management a Successful Business Project (491)
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Table of Contents
I. Introduction ................................................................................................................................ 4
II. Report ......................................................................................................................................... 4
1. Statement of purpose ........................................................................................................................... 4
2. Study methodologies ............................................................................................................................ 4
2.1 Survey ................................................................................................................................................................................ 4
2.2 Interview method .............................................................................................................................................................. 5
3. Talent Management ............................................................................................................................. 5
4. Research findings ................................................................................................................................. 6
5. Recommendation ............................................................................................................................... 11
III. Evaluation and reflection ....................................................................................................... 12
1. Reflection on value of project management process ............................................................................ 12
2. Evaluation the project ........................................................................................................................ 13
2.1 Evaluation of tools and technique used .......................................................................................................................... 13
2.2 Evaluation the project management process .................................................................................................................. 14
IV. Project logbook ..................................................................................................................... 15
V. Conclusion ................................................................................................................................. 21
VI. References ............................................................................................................................. 22

I. Introduction
A project management strategy on the theme of the critical role of TM was prepared in the first report.
However, the objectives of this report are to implement, produce accurate reports, and offer
recommendations for updating the company's TM policies. The major goal of this report is to provide
and clarify the following points: This paper will first explain the findings of data research, then express
relevant recommendations based on the findings, and then analyze the data in order to derive accurate
and meaningful conclusions. The next step is to consider the value of the project management approach
in achieving the specified goals. In order to support and justify the recommendations, examine the
selection of acceptable tools and procedures for correctness and authenticity. Furthermore, assess the
value of the project management process and critically consider the project's results and
recommendations. Finally, in the weekly logbooks, offer full answers to all questions.
II. Report
1. Statement of purpose
The goal of this study is to examine the crucial role of TM in greater depth, as well as to provide
recommendations and recommendations based on that analysis. The Director of Human Resources and
the Vinamilk Board of Directors will review this report in general.
2. Study methodologies
There are 2 methods used in this research which are Survey and Interview.
2.1 Survey
The survey method is a data collection strategy that involves asking questions of persons who are
believed to hold the necessary information. A formal questionnaire list is created. In most cases, an
unmasked technique is adopted. The respondents are quizzed on their demographic interest preferences
(Juneja, 2015).
Here are some pros and cons of survey method.
Pros:
According to McIntyre, large samples of the population can be gathered with the use of surveys. They're
also great for collecting demographic information about the sample's make-up. Surveys are inclusive in
the types and number of variables that can be studied, require minimal investment to develop and

Pinsonneault and Kraemer (1993) noted that when a grasp of the historical context of events is required,
surveys are often unsuitable. Bell (1996) observed that Biases might arise from a lack of response from
intended participants or from the character and accuracy of the replies received. Other sources of error
include respondents intentionally misreporting actions in order to skew survey results or conceal
inappropriate activity. Finally, individuals may have trouble evaluating their own actions or recalling the
circumstances surrounding their actions.
2.2 Interview method
Interview method is a quantitative research method in which the interviewer is given a list of closed-
ended questions in the form of an interview schedule, which he or she reads out verbatim (McLeod,
2014).
There are some advantages and disadvantages in this method.
Advantages:
Because interviews use a predetermined set of closed questions that are easy to quantify, they are
simple to repeat and test for dependability. In addition, as interviews are relatively quick to conduct, a
large number of them can be completed in a short period of time. This means that a large sample can be
obtained, leading in findings that are representative and generalizable to a large population (McLeod,
2014)
Disadvantages:
Interviews are rigid in nature. Because an interview schedule must be maintained, new questions cannot
be asked spontaneously (during the interview). Moreover, for only closed questions are asked in
structured interviews, the replies lack detail, resulting in quantitative statistics. This means that a
researcher will have no idea why a person acts the way they do (McLeod, 2014).
3. Talent Management
Talent management is the process of attracting, identifying, developing, engaging, retaining, and
deploying persons who are particularly valuable to a company. This could be due to their enormous
potential or the fact that they play crucial roles (Weeks, 2020).

4. Research findings
According to survey results, it shows that there are more female employees than male employees.
Female employees make up 60% and men are only 40%.
Next is age, most of employees in company are young people in their early twenties.