P1 Devise project aims and objectives for a chosen scenario.docx

   

Added on  2021-01-02

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Managing ASuccessful Business
P1 Devise project aims and objectives for a chosen scenario.docx_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Devise project aims and objectives for a chosen scenario.....................................................1P2 Produce a project management plan......................................................................................2P3 Produce a work breakdown structure and a Gantt chart........................................................3TASK 2............................................................................................................................................5P4 Carry out small-scale research by applying qualitative and quantitative research methods..5TASK 3............................................................................................................................................9P5 Analyse research and data using appropriate tools and techniques.......................................9P6 Communicate appropriate recommendations as a result of research and data analysis todraw valid and meaningful conclusions....................................................................................19TASK 4..........................................................................................................................................20P7 Reflect on the value of undertaking the research to meet stated objectives........................20CONCLUSION..............................................................................................................................21REFERENCES..............................................................................................................................22
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INTRODUCTIONGlobalisation is considered as the procedure of integration among organisation,government and people beyond the national boundaries. The concept have provided variousbusiness opportunity to companies who could easily expand their business in internationalmarket without facing much difficulties. Present report is based on Marks and Spencer, a popularretailer across the world who provides high quality of clothing to its customers. This company isheadquartered in London, United Kingdom and was incorporated in 1884 by Sir Michael Marksand Thomas Spencer (Amponsah-Tawiah, 2015). This report will cover up suitable aims andobjective which help researcher in completing this project. It will also include description aboutproject management plan that helps an investigator in completing overall project in effectivemanner. TASK 1P1 Devise project aims and objectivesforachosenscenario Concept of globalisation have enhanced number of opportunities for large as well assmall scale companies as they are now able to approach new market without any difficulty.It ultimately helps businesses in improving probability and revenue stream by indulging intobusiness activities at international level. In context to Marks and Spencer, the company isone among the largest retailers in the world. This company is popular for its high qualityclothing section which provides better living experiences to customers (Crane and Matten,2016). This company is already providing its services in various countries and its topmanagement is planning to expand its business in leftover nations too. In this regard, Marksand Spencer have conducted an research on Globalisation in order to understand its positiveeconomic, cultural, ethical impact of Globalisation on different business functions ofcompany . Therefore, for this research, investigator have prepared aims and objectiveswhich will provide knowledge about the positive impact of globalisation on differentbusiness functions of Marks and Spencer. These prepared aims and objective have beendefined as below: Research aim1
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To evaluate the positive economic, cultural, ethical impact of globalisation on differentdepartment of organisation. A case study on Marks and Spencer. Research Objective To determine the concept of globalisationTo analyse implication of globalisation on different department of Marks and Spencer To evaluate relationship between business growth and globalisationResearch questionsWhat is the concept of globalisation?How to analyse the implication of globalisation on different department of Marks andSpencer? How to determine relationship between business growth and globalisation?P2 Produce a project management planProject management plan determined a formal and approved document that used tomanage project execution. Project management plan surrounded by the number of elementsthat present in project management like scope, size, schedule , cost quantity , riskcommunication factors etc. ( Cummings and Worley, 2014). in context of M&S managersdeveloping new tools and techniques which are very useful for company. There are differentkey factors of project management plan have been given below: Cost: It is an amount of money or funds that require to implement in a differentmanner. In context of, M&S manager needs to analyse cost or budget that have to be spendon a specific assignment or project. So the cost is fixed by researcher will be approximately3000 on the other hand cost include by organization is to be around 11000. Scope: It is a very important term where task is required to fulfil goals and objectivesin a effective manner and also helps in increasing the productivity ( Daft, 2015). As per theM&S it has some factors related to globalization that are require to making better quality ofgoods.Time: It is the schedule for a project to reach completion, in context of M&S,company can take 2 or 3 months for expand their business in a global market. Whereas,research may take 1 month to complete goals and objectives.2
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Quality: This is an important part of research that refers to the quality of policies andrelevant procedure to the project ( Friedman, 2017). As per the M&S, leaders and managersare responsible to deliver better quality of goods and services.Communication: It is an important term where M&S transfer their thoughts andideas of individuals. That influenced the customers from their product and good services.Risk: it is a big factor for every organization because each industry have risk factorin present time. As per the company ratio managers have evaluate the condition ofworkplace.Resources: It is also an necessary part of research where M&S require raw material,money, labour force, technology, plant and machinery etc. It helps in achieving goals andobjective and increase brand image globally.P3 Produce a work breakdown structure and a Gantt chartWork Breakdown StructureWork breakdown structure is considered as the method which divides complex tasksand problems into smaller sub sections. It is mainly used in researches for converting largetasks into small number of works that could be easily managed by researchers and helpsthem in finishing off their work in effective manner ( Igarashi and Saito, 2014). It isconsidered as the outline map for employees of a company who can execute their businessactivities in effective manner. 3
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Gantt ChartGantt chart is the graphical representation of overall project schedule. The chartsimply illustrates planning, monitoring, reviewing, coordinating of the specific project tasks.It also reflects time limit or used time for specific task which have been consumed byinvestigator while completing chosen project. 4
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