Wesfarmers Business and Competitive Environment

Added on - 03 Aug 2021

A Case Study on Wesfarmers

In this report, a project proposal has been described and analyzed which is organizing a fundraising event. Wesfarmers is a major Australian Company that is planning to raise funds for setting up a school for Aboriginal Australians. This report will analyze all the aspects related to event organization and present the results. Corporate Social Responsibility involves conducting those activities which make the company socially accountable and increase the sustainability of the business. To conduct a fundraising event for setting up an educational institution for Indigenous Australians. A case study of Wesfarmers. To examine the requirement of setting up an educational institution in the Northern Territory. You can also check "Wesfarmers - Organisational Structure" for better analysis.

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BUSINESS PROPOSAL
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................3MAIN BODY...................................................................................................................................4OVERVIEW....................................................................................................................................4Purpose and Objectives...............................................................................................................4Measures for success of the project............................................................................................4BENEFITS AND DIS-BENEFITS..................................................................................................5Context and Analysis..................................................................................................................5Strategic context of benefits and dis-benefits.............................................................................7PROJECT REQUIREMENTS.........................................................................................................8Requirements...............................................................................................................................8Assumptions................................................................................................................................8Constraints...................................................................................................................................9COSTS.............................................................................................................................................9Estimated cost.............................................................................................................................9Methods of estimating costs........................................................................................................9MAJOR RISKS................................................................................................................................9Likelihood and Severity of the risks...........................................................................................9Managing the risks....................................................................................................................10TIMESCALE.................................................................................................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
EXECUTIVE SUMMARYIn this report, a project propopsal has beend described and analysed which is organizing afundraisig event. Wesfarmers is a major Australian Company which is planning to raise funds forsetting up a schoool for Aboriginal Australians. This report will analyse all the aspects related toevent organization and present the results.3
MAIN BODYOVERVIEWPurpose and Objectives.Aim:-To conduct a fundraising event for setting up an educational institution for IndigenousAustralians. A case study of Wesfarmers.Objectives:-To examine the requirement of setting up an educational institution in Northern Territory.To identify the best methods of raising funds for the same.To develop measures and analyse the procedure of organizing a fundraising event.Major Problem:-Currently, Aboriginal Australians or Indigenous Australians residing in theremote areas of Northern Territories do not have proper schools and universities where they caneducate their children (Jordan, 2017).Scope:-In this proposal, it will be highlighted that except the two major cities i.e. Darwin andPalmerston, the entire remote area of Northern territory is poorly connected and faces problem oflack of proper educational mediums. The fundraising event will help in setting up an universityin Barrow Creek, Northern Territory. However, this project will not address the increasedmedical issues that the aboriginals residing in those areas are facing and the alarming nature ofthese diseases.Methodology for successfully conducting the project:-PRINCE2 Method i.e. Projects InControlled Environments will assist is successfully completing the project or conducting afundraising event. The project will be phased in seven different stages which are:- Start-up,Directing, Initiation, Controlling, Managing Product Delivery, Managing State Boundaries andClosing. In each stage the various activities will be covered which have been discussed further inthe project. Apart from using PRINCE2 method, AGILE Method could also have been usedunder which the project is broken down into different activities where they analyse the customersexpectations and activities are classified accordingly (Christiansen and et.al., 20150. However,this method could not be implemented in this project as AGILE framework focuses oncollaboration with customers and PRINCE2 focuses on achieving objectives and in this case itwas extremely supportive.Measures for success of the project.The seven stages of PRINCE2 model will be implemented in following manner:-4
BUSINESS PROPOSAL
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
MAIN BODY...................................................................................................................................4
OVERVIEW....................................................................................................................................4
Purpose and Objectives...............................................................................................................4
Measures for success of the project............................................................................................4
BENEFITS AND DIS-BENEFITS..................................................................................................5
Context and Analysis..................................................................................................................5
Strategic context of benefits and dis-benefits.............................................................................7
PROJECT REQUIREMENTS.........................................................................................................8
Requirements...............................................................................................................................8
Assumptions................................................................................................................................8
Constraints...................................................................................................................................9
COSTS.............................................................................................................................................9
Estimated cost.............................................................................................................................9
Methods of estimating costs........................................................................................................9
MAJOR RISKS................................................................................................................................9
Likelihood and Severity of the risks...........................................................................................9
Managing the risks....................................................................................................................10
TIMESCALE.................................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
EXECUTIVE SUMMARY
In this report, a project propopsal has beend described and analysed which is organizing a
fundraisig event. Wesfarmers is a major Australian Company which is planning to raise funds for
setting up a schoool for Aboriginal Australians. This report will analyse all the aspects related to
event organization and present the results.
3
MAIN BODY
OVERVIEW
Purpose and Objectives.
Aim:-To conduct a fundraising event for setting up an educational institution for Indigenous
Australians. A case study of Wesfarmers.
Objectives:-
To examine the requirement of setting up an educational institution in Northern Territory.
To identify the best methods of raising funds for the same.
To develop measures and analyse the procedure of organizing a fundraising event.
Major Problem:-Currently, Aboriginal Australians or Indigenous Australians residing in the
remote areas of Northern Territories do not have proper schools and universities where they can
educate their children (Jordan, 2017).
Scope:-In this proposal, it will be highlighted that except the two major cities i.e. Darwin and
Palmerston, the entire remote area of Northern territory is poorly connected and faces problem of
lack of proper educational mediums. The fundraising event will help in setting up an university
in Barrow Creek, Northern Territory. However, this project will not address the increased
medical issues that the aboriginals residing in those areas are facing and the alarming nature of
these diseases.
Methodology for successfully conducting the project:-PRINCE2 Method i.e. Projects In
Controlled Environments will assist is successfully completing the project or conducting a
fundraising event. The project will be phased in seven different stages which are:- Start-up,
Directing, Initiation, Controlling, Managing Product Delivery, Managing State Boundaries and
Closing. In each stage the various activities will be covered which have been discussed further in
the project. Apart from using PRINCE2 method, AGILE Method could also have been used
under which the project is broken down into different activities where they analyse the customers
expectations and activities are classified accordingly (Christiansen and et.al., 20150. However,
this method could not be implemented in this project as AGILE framework focuses on
collaboration with customers and PRINCE2 focuses on achieving objectives and in this case it
was extremely supportive.
Measures for success of the project.
The seven stages of PRINCE2 model will be implemented in following manner:-
4
BUSINESS PROPOSAL
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
MAIN BODY...................................................................................................................................4
OVERVIEW....................................................................................................................................4
Purpose and Objectives...............................................................................................................4
Measures for success of the project............................................................................................4
BENEFITS AND DIS-BENEFITS..................................................................................................5
Context and Analysis..................................................................................................................5
Strategic context of benefits and dis-benefits.............................................................................7
PROJECT REQUIREMENTS.........................................................................................................8
Requirements...............................................................................................................................8
Assumptions................................................................................................................................8
Constraints...................................................................................................................................9
COSTS.............................................................................................................................................9
Estimated cost.............................................................................................................................9
Methods of estimating costs........................................................................................................9
MAJOR RISKS................................................................................................................................9
Likelihood and Severity of the risks...........................................................................................9
Managing the risks....................................................................................................................10
TIMESCALE.................................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
EXECUTIVE SUMMARY
In this report, a project propopsal has beend described and analysed which is organizing a
fundraisig event. Wesfarmers is a major Australian Company which is planning to raise funds for
setting up a schoool for Aboriginal Australians. This report will analyse all the aspects related to
event organization and present the results.
3
MAIN BODY
OVERVIEW
Purpose and Objectives.
Aim:-To conduct a fundraising event for setting up an educational institution for Indigenous
Australians. A case study of Wesfarmers.
Objectives:-
To examine the requirement of setting up an educational institution in Northern Territory.
To identify the best methods of raising funds for the same.
To develop measures and analyse the procedure of organizing a fundraising event.
Major Problem:-Currently, Aboriginal Australians or Indigenous Australians residing in the
remote areas of Northern Territories do not have proper schools and universities where they can
educate their children (Jordan, 2017).
Scope:-In this proposal, it will be highlighted that except the two major cities i.e. Darwin and
Palmerston, the entire remote area of Northern territory is poorly connected and faces problem of
lack of proper educational mediums. The fundraising event will help in setting up an university
in Barrow Creek, Northern Territory. However, this project will not address the increased
medical issues that the aboriginals residing in those areas are facing and the alarming nature of
these diseases.
Methodology for successfully conducting the project:-PRINCE2 Method i.e. Projects In
Controlled Environments will assist is successfully completing the project or conducting a
fundraising event. The project will be phased in seven different stages which are:- Start-up,
Directing, Initiation, Controlling, Managing Product Delivery, Managing State Boundaries and
Closing. In each stage the various activities will be covered which have been discussed further in
the project. Apart from using PRINCE2 method, AGILE Method could also have been used
under which the project is broken down into different activities where they analyse the customers
expectations and activities are classified accordingly (Christiansen and et.al., 20150. However,
this method could not be implemented in this project as AGILE framework focuses on
collaboration with customers and PRINCE2 focuses on achieving objectives and in this case it
was extremely supportive.
Measures for success of the project.
The seven stages of PRINCE2 model will be implemented in following manner:-
4
BUSINESS PROPOSAL
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
MAIN BODY...................................................................................................................................4
OVERVIEW....................................................................................................................................4
Purpose and Objectives...............................................................................................................4
Measures for success of the project............................................................................................4
BENEFITS AND DIS-BENEFITS..................................................................................................5
Context and Analysis..................................................................................................................5
Strategic context of benefits and dis-benefits.............................................................................7
PROJECT REQUIREMENTS.........................................................................................................8
Requirements...............................................................................................................................8
Assumptions................................................................................................................................8
Constraints...................................................................................................................................9
COSTS.............................................................................................................................................9
Estimated cost.............................................................................................................................9
Methods of estimating costs........................................................................................................9
MAJOR RISKS................................................................................................................................9
Likelihood and Severity of the risks...........................................................................................9
Managing the risks....................................................................................................................10
TIMESCALE.................................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
EXECUTIVE SUMMARY
In this report, a project propopsal has beend described and analysed which is organizing a
fundraisig event. Wesfarmers is a major Australian Company which is planning to raise funds for
setting up a schoool for Aboriginal Australians. This report will analyse all the aspects related to
event organization and present the results.
3
MAIN BODY
OVERVIEW
Purpose and Objectives.
Aim:-To conduct a fundraising event for setting up an educational institution for Indigenous
Australians. A case study of Wesfarmers.
Objectives:-
To examine the requirement of setting up an educational institution in Northern Territory.
To identify the best methods of raising funds for the same.
To develop measures and analyse the procedure of organizing a fundraising event.
Major Problem:-Currently, Aboriginal Australians or Indigenous Australians residing in the
remote areas of Northern Territories do not have proper schools and universities where they can
educate their children (Jordan, 2017).
Scope:-In this proposal, it will be highlighted that except the two major cities i.e. Darwin and
Palmerston, the entire remote area of Northern territory is poorly connected and faces problem of
lack of proper educational mediums. The fundraising event will help in setting up an university
in Barrow Creek, Northern Territory. However, this project will not address the increased
medical issues that the aboriginals residing in those areas are facing and the alarming nature of
these diseases.
Methodology for successfully conducting the project:-PRINCE2 Method i.e. Projects In
Controlled Environments will assist is successfully completing the project or conducting a
fundraising event. The project will be phased in seven different stages which are:- Start-up,
Directing, Initiation, Controlling, Managing Product Delivery, Managing State Boundaries and
Closing. In each stage the various activities will be covered which have been discussed further in
the project. Apart from using PRINCE2 method, AGILE Method could also have been used
under which the project is broken down into different activities where they analyse the customers
expectations and activities are classified accordingly (Christiansen and et.al., 20150. However,
this method could not be implemented in this project as AGILE framework focuses on
collaboration with customers and PRINCE2 focuses on achieving objectives and in this case it
was extremely supportive.
Measures for success of the project.
The seven stages of PRINCE2 model will be implemented in following manner:-
4
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Wesfarmers Strategic Analysis

From the above report "Wesfarmers strategic analysis" we have concluded that after going through the research it can be concluded that a project needs to be carefully measured and therefore the proposal should be extremely comprehensive covering all the aspects. In this report, the problem and the reason for the idea have been evaluated and various advantages and disadvantages have been discussed. Further, the report analyses various risks associated along with the cost, and an appropriate timeline has been formulated. Methodology for successfully conducting the project:- PRINCE2 Method. Apart from using the PRINCE2 method, the AGILE Method could also have been used. Marketing Strategy Of Wesfarmers Limited