Strategic Business Transformation Plan for Remploy: Project Management

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This project management assignment analyzes Remploy's strategic business transformation plan, focusing on various aspects of project execution. It begins by defining the project's scope, outlining its purpose, and identifying key outputs aimed at streamlining processes, resolving structural issues, and adapting to market changes. The assignment then details the major deliverables, including strategic business transformation, business restructuring, and a change management plan. It provides a comprehensive project schedule, illustrated with Gantt charts and a network diagram, alongside a detailed cost estimation. Furthermore, the assignment includes a benefits management plan, outlining strategies for realizing project advantages, and a risk register with mitigation strategies. Finally, a stakeholder management and communication plan is presented to ensure effective engagement and information flow throughout the project lifecycle. The document provides a complete overview of the project management lifecycle.
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Business Project and Project Management
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Table of Contents
INTRODUCTION................................................................................................................................3
TASK....................................................................................................................................................3
Defining scope of Strategic Business Transformation plan including outputs and purpose...........3
Outline list of projects that will require to deliver major deliverables of transformation program.4
Scheduling of project including a network diagram and bar charts................................................6
Cost estimation for the program including a breakdown by project................................................9
Benefits management plan...............................................................................................................9
Risk register and risk management plan for the plan including mitigating strategies for risks.....11
Stakeholder management and communication plan for the program............................................12
CONCLUSION..................................................................................................................................15
REFERENCES...................................................................................................................................17
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INTRODUCTION
Project management is playing vital role in today’s business organization because it helps in
assigning responsibilities to responsible people with the aim of saving of time, cost and attain
objectives in an effective manner. This method assists the companies to translate its current
strategies into actions and objectives into reality (Manu, 2007.). To remain in the competition and
attain high competitive advantages, it becomes essential for the firms to optimally use the existing
resources. This is only possible with the application of project management which gives
strengthening to business objectives and structure to transform various project ideas into reality
(Kerzner, 2013). The present study is based on project management where a case study of Remploy
is taking into the consideration. The following organization is one of firms of the UK which
provides specialist employment services to disable and health conditions people. After ending of
Second World War, the organizational structure of the company was proving to be ineffective. To
deal with this situation, the cited firm was requiring a significant modernization program. This was
helping Remploy to solve structure, culture, broad geographical spread and diversity problems.
Objective of the present study will defining the scope of program, major deliverables of plan, cost
and time estimation of project work, risk management plan and stakeholder management along with
communication plan.
TASK
Defining scope of Strategic Business Transformation plan including outputs and purpose
Scope of Strategic Business Transformation plan:
The current project will help Remploy company to make the fundamental changes in
business so that it can able to responds towards cope up with the rapid changes in the UK market. It
will recognize the requirement of modifications and designing the new organizational way of
working that can support structure, culture, diversity etc of the company.
Outputs of Strategic Business Transformation plan
Streamline processes of Remploy Company by improving efficiency and greater utilization
of resources
Resolve structure, culture, broad geographical spread and diversity problems.
Helps in clearly understand the level of competition in the industry and enable the firm to
adopt best leading practices.
Reduction in operating and administration cost by appointing disable people in main
streamline operations in factories (Mithun 2014).
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Purpose of Strategic Business Transformation plan
Market environment is unpredictable and it will very hard for Remploy Company
determines and select right one solution. The aim of the following plan is to find out the major
responsibilities to deal with new challenges that affect business performance. Along with this, it
enables the cited organization to effectively utilize the resources by supporting the needs and
requirements of the stakeholders (Burke, 2013). The chief rationale of Strategic Business
Transformation plan is deal with the challenging environment and gives the employment to huge
disable people into mainstream operations in factories across the world.
Outline list of projects that will require to deliver major deliverables of transformation program
As per the given case study, it has determined that Remploy has faced several issues such as
outdated operation process, poor structure, diversity, culture etc. To deal with all issue with
togetherness, there will be some projects proposed with important details which are as follows:
Strategic Business Transformation: Under the following framework, Remploy will able to develop
some strategy with the aim of developing an action plan in the form of strategies in order to solve
various identify issues. In this, an executable transformation portfolio will prepare in which
business strategies will transform into an action plan. This will consider several aspects of
operational management and other changes. A framework of Strategic Business Transformation for
Remploy is showing in below figure (Schwalbe, 2015).
Business restructuring: Restructuring is more likely to be successful when the management of the
organization can understand the major and root causes due to a company are facing challenges. This
helps the managers to restructure their work or task processes as per the needs and determine
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problems. In the case of Remploy, the following framework has proposed to resolve the issues in
the right manner. This will aid in fix all kinds of problems in a right way Along with this; it will
allow the cited company to deal with the stakeholders expectations. The following project will
contain less time and cost to complete and will not make any negative impact over the existing
business objectives of Remploy (Wysocki, 2011).
Change management plan: This is a project in which a project manager implements the new
changes in the organization by minimizing the resistance level of stakeholders. It gives detailed
description of the project’s scope, budget, schedule, and plans to manage quality, risk, issues, and
change. This helps in control the impacts of the changes over the project plan and implements the
proposed modification at the workplace. In the context of Remploy project, the following project
will help in solve the issues of the organization in an effective manner. It will keep control over the
factors which influence the project plan and its deliverables (Walker, 2015). In addition to this, this
will assist it managing the various changes within the organization due to new proposed
modifications.
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Scheduling of project including a network diagram and bar charts
Scheduling of project plan
Task Name Duration Start Finish Predecessors
Strategic Business Transformation plan 60 mons Thu 12/8/16 Wed 7/14/21
Initiation 8 mons Thu 12/8/16 Wed 7/19/17
Defining scope of the changes 5 mons Thu 12/8/16 Wed 4/26/17
Determine stakeholders 3 mons Thu 4/27/17 Wed 7/19/17 3
Find the issues 3 mons Thu 4/27/17 Wed 7/19/17 3
Planning 27 mons Thu 7/20/17 Wed 8/14/19
Setting of objectives 3 mons Thu 7/20/17 Wed 10/11/17 5
Developing project team 6 mons Thu 10/12/17 Wed 3/28/18 7
Resourcing and people management 5 mons Thu 3/29/18 Wed 8/15/18 8
selection of standard approach of project 2 mons Thu 8/16/18 Wed 10/10/18 9
Stakeholder analysis 4 mons Thu 10/11/18 Wed 1/30/19 4,10
Developing project plan 7 mons Thu 1/31/19 Wed 8/14/19 11
Implement 8 mons Thu 8/15/19 Wed 3/25/20
Risk assessment and management 3 mons Thu 8/15/19 Wed 11/6/19 12
Define benefits ownership 2 mons Thu 11/7/19 Wed 1/1/20 14
Funding and cost management 3 mons Thu 1/2/20 Wed 3/25/20 15
Monitoring 13 mons Thu 3/26/20 Wed 3/24/21
Measure progress of plan 5 mons Thu 3/26/20 Wed 8/12/20 16
Communicate progress of plan to stakeholders 3 mons Thu 8/13/20 Wed 11/4/20 18
Determine benefits 2 mons Thu 11/5/20 Wed 12/30/20 19
Take corrective actions if needed 3 mons Thu 12/31/20 Wed 3/24/21 20
Project closer 4 mons Thu 3/25/21 Wed 7/14/21
Release all resources 2 mons Thu 3/25/21 Wed 5/19/21 21
Sign off project 2 mons Thu 5/20/21 Wed 7/14/21 23
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Figure 1 Gantt chart
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Figure 2 Gantt chart
Figure 3 Network Diagram
Key milestones of the program
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Task Name Duration Start Finish
Strategic Business Transformation plan 60 mons Thu 12/8/16 Wed 7/14/21
Initiation 8 mons Thu 12/8/16 Wed 7/19/17
Planning 27 mons Thu 7/20/17 Wed 8/14/19
Implement 8 mons Thu 8/15/19 Wed 3/25/20
Monitoring 13 mons Thu 3/26/20 Wed 3/24/21
Project closer 4 mons Thu 3/25/21 Wed 7/14/21
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Cost estimation for the program including a breakdown by project
Task Name Duration Cost
Strategic Business Transformation plan 60 mons £55,150.00
Initiation 8 mons £400.00
Defining scope of the changes 5 mons £200.00
Determine stakeholders 3 mons £100.00
Find the issues 3 mons £100.00
Planning 27 mons £10,000.00
Setting of objectives 3 mons £1,500.00
Developing project team 6 mons £2,500.00
Resourcing and people management 5 mons £2,500.00
selection of standard approach of project 2 mons £500.00
Stakeholder analysis 4 mons £1,500.00
Developing project plan 7 mons £1,500.00
Implement 8 mons £4,500.00
Risk assessment and management 3 mons £2,000.00
Define benefits ownership 2 mons £300.00
Funding and cost management 3 mons £2,200.00
Monitoring 13 mons £5,750.00
Measure progress of plan 5 mons £2,000.00
Communicate progress of plan to
stakeholders 3 mons £600.00
Determine benefits 2 mons £1,200.00
Take corrective actions if needed 3 mons £1,950.00
Project closer 4 mons £34,500.00
Release all resources 2 mons £5,500.00
Sign off project 2 mons £29,000.00
Benefits management plan
Benefits management plan also known with the name of benefits realization management. It
is one of the methods that help project manager to manage how time and resources have been
invested in order to generate the desirable outcomes. In the project management, it considers as an
organizational change process where potential benefits arise from the plan work can be effectively
manage and organize (Benefits Realisation Plan, 2016). With the help of this, it becomes easy to
determine or make sure that what actually get the intended benefits from originally planned
activities. It allows the project manager to bring the fundamental improvements in the plan so that it
can effectively run from start to end. Further, this assists in ensuring a clear signposting of who are
accountable for delivery of identified benefits of project. The level of benefits realisation plan
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increases the sound delivery of advantages after completion of project plan. Along with this, it aids
in make sure that resources allocate in plan either optimally utilize or not (Harrin, 2016). It also
helps the project manager to discuss with the project team members about individual contribution in
different phase of work along with require improvements to make the plan more effective. In the
context of Strategic Business Transformation plan project of Remploy, Benefits Management Plan
with several steps is as follows:
Creating a benefit management strategy
Under this, the project manger will create an outline for how the project or plan will attain
with desired benefits. Along with this, the different measures will select to evaluate or measure
benefits from the plan. Further, the project will also find out responsible personnel who will look
towards the developing benefits management strategy work to attain the explored advantages from
Strategic Business Transformation plan project (De Bakker, Boonstra and Wortmann, 2010). In
addition to this, a time frame will also define that assist how long the benefits strategy can be track
out.
Identification benefits and aligns them with project objectives
In Strategic Business Transformation plan project, the project manager will determine
benefits from planned project such as dependencies, project tasks, greater capability and capacity to
support more people into employment, refocused organisation commercially etc. In this, dependent
activities will also find out by project manager on which project benefits will rely. The impact of
outcomes of plan on project plan will also explore so that objectives of cited project can be easily
aligned (Jun, Qiuzhen and Qingguo, 2011). The following stage will help in combine objectives and
benefits together so that the planned work can b moved in the right direction.
Planning when benefits will appear
In the following stage of Benefits Management Plan, a plan will prepare by project manager
when will expected benefits appear in Strategic Business Transformation plan project. There will be
some benefits appear at the starting of the plan and some will appear after completion of plan. So, it
will be important for the project manager to make plans for different phase of project plan regarding
who will responsible for recording and tracking occurring benefits (Caniëls and Bakens, 2012).
Realizing the benefits
Here, the project manager will deliver the changes in the plan so that benefits of project plan
can be easily gained. In this, a prepared plan will execute by step by step in order tom track the
progress of the plan.
Conducting a benefit review
Under this, project manager will compare the expected benefits with the actual one to find
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the deviations. This will define whether original plans will valid or not and find out additional or
hidden expectations of stakeholders from plan (Artto, Kulvik, Poskela and Turkulainen, 2011).
Identification new benefits and twist existing benefits
During the ongoing Strategic Business Transformation plan project, the project manager will
determine new benefits in the plan. On the basis of this, the existing ones will modified and make
Benefits Management Plan more effective (Wu and Low, 2010).
Risk register and risk management plan for the plan including mitigating strategies for risks
As a management process, risk management uses to determine and avoid various types of
risks by taking reactive and proactive actions. By using risk management plan and risk register, a
project manager can mitigate identify hazards that can impact on final outcomes of the plan
(Bredillet, Yatim and Ruiz, 2010). The present project has based on Strategic Business
Transformation plan project of Remploy. During carry out work, project manager will deal with
diverse risks. To solve them or to mitigate them in the right manner, a risks management plan will
prepare which is as follows:
Risks Likelihood (1-5) Impact (1-5) Severity Mitigation strategies
Costs 5 4 Extreme Continually forecast the budget
Regularly forecast resource
usage.
Manage scope meticulously
Establish monthly budget
Establish cost controls
Proper communication with the
team members
Benefits 4 4 High Developing benefit management
strategy
Align benefits with plan
objectives
Conducting benefit review.
Schedule
risks
3 3 Moderate Setting of milestone charts
Preparing task lists
Critical path method
Political
and media
2 2 Low Minimize interference of political
parties
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