P1 Devise Project Aims And Objectives For a Chosen Scenario

Managing
a
Successful Business
Project

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Devise project aims and objectives for a chosen scenario................................................1
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources........................................................................................1
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion........................................................................................................................4
M1 Produce a comprehensive project management plan, milestone schedule and project
schedule for monitoring and completing the aims and objectives of the project...................6
TASK 2............................................................................................................................................8
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives..............................................................8
M2 Evaluate the accuracy and reliability of different research methods applied................10
D1 Critically evaluate the project management process and appropriate research
methodologies applied..........................................................................................................11
TASK 3..........................................................................................................................................11
P5 Analyze research and data using appropriate tools and techniques................................11
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...............................................................................22
M3 Evaluate the selection of appropriate tools and techniques for accuracy and authenticity to
support and justify recommendations...................................................................................23
TASK 4..........................................................................................................................................23
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance...................................................................................................................23
M4 Evaluate the value of the project management process and use of quality research to meet
stated objectives and support own learning and performance..............................................23

D2 Critically evaluate and reflect on the project outcomes, the decision making process and
changes or developments of the initial project management plan........................................24
CONCLUSION..............................................................................................................................24
REFRENCES.................................................................................................................................25

INTRODUCTION
Globalization indicates about a procedure in which a company can sales or purchase its
products or services across their boundary in order to earn profit and enhance customers base. It
is essential for an organization to expand its business at international level so that they can earn
more and more market shares as well as profitability ratio. Impact of globalization on a firm is in
both manner negative and positive way because it help in enhancing growth but it also increase
competition in international market (Alejandra Gonzalez-Perez, 2013). Organization taken for
this assignment is John Lewis Partnership, which is founded by John Spedan Lewis in year 1929.
Its headquarter is in London, England, United Kingdom and they are operating its business in
retain industry by offering variety of products as well as services. Such as clothing, watch,
jewellery, giftware, cosmetics, furniture, bed and many more. topics covered in this report are
aims and objectives along with project management plan in order to successfully fulfil the same.
Along with this, it will mention concept of research methodology and also include interpretations
of the result. Moreover it will also contain some recommendation which is given to present
company which helps in enhancing its business market.
TASK 1
P1 Devise project aims and objectives for a chosen scenario
Aim of the project:
“To understand concept of the Globalization and identify its economical impact at workplace”.
A case study on John Lewis Partnership.
Objectives: Major objectives of respective research are mentioned as below:
 To understand the importance of globalization.
 To identify impact of globalization at operations and functions of John Lewis.
 To monitor economical impact of globalization at workplace.
 To understand situation and provide recommendation which help respective company in
removing as well as avoiding impact of globalization.
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
Project management plan:
1

Project Title “To understand positive effect of globalization at
economic, cultural, and ethical manner on various
business functions within a company”.
Project Plan
Company Name: John Lewis Partnership.
Cost Cost refers to a factor which is essential to conduct
whole operations and functions in effective manner. In
respect of John Lewis they required approx 20K Euro
for operating its activities in proper way (Apăvăloaie,
2014). Requirement of cost is based on operations as
well as function, which is given below:
Initial Investment : 100000
Expenses:
Operational Activities: 22000
R&D Activities: 28000
Cost to IT Experts: 16000
Licensing Fee: 8000
Scope It is essentials for a company to identify its scope that
why they are conducting research and what they are try
to finding out. In context of John Lewis, by this
respective report they able to analysis benefits and
impact of globalization (Appel, Franz and Hassler,
2014). Along with this they also able to know how
respective organization will can adopt it appropriately
for increasing profit and customer’s base.
Time It refers to time duration which a company required for
completing a project or research in successful manner
so that they can earn benefit of conducting project. In
respect of respective they required approx three to four
months for expanding its business operations as well as
functions at international level.
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Quality It refers to quality or products and services which a
company going to offer its customers in order to fulfill
their need as well as demand appropriately. In respect
of respective company they adopt various steps for
maintaining quality of products as well as services.
Such as train employees according to requirement,
adopt new technology which helps in operating
business and producing product effectively (Axelrod,
and VanDeveer, 2014). Along with this they also
upgrade their strategies and plans so that they able to
maintain quality of products as well as services
properly.
Communication It refers to a process in which a company develops
various action plans for communicating their staffs as
well as customers in proper manner which help them in
create awareness about products and services. In
respect of John Lewis they create different strategies to
communicate with customers and employees. Such as
for communicating with customers they adopt various
advertising and promotion method like social media,
digital media, print media and so on. Whereas for
communicating with employees they conduct meeting
and discussion sessions.
Risk Risk is associated with each and every activity or
project but it is essential for a company to understand it
and overcome form this in proper manner so that they
can gain profit (Bailey and et al., 2018). In respect of
John Lewis there are various risk are associated with
their expansion. Such as how to develop strategies,
product, plans, polices and so on which help in
operating. Along with this it is also a risk that what to
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