Managing a Successful Business Project - Aim & Objectives
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Added on 2021-02-20
Managing a Successful Business Project - Aim & Objectives
Added on 2021-02-20
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MANAGING ASUCCESSFUL BUSINESSPROJECT
Table of ContentsTOPIC:.............................................................................................................................................4INTRODUCTION...........................................................................................................................4Research Background..................................................................................................................4LO.1.................................................................................................................................................5P.1 Project Aim and Objectives..................................................................................................5Rationale:....................................................................................................................................6P.2 Project Management Plan.....................................................................................................6P.3 Work breakdown Structure and Gantt Chart........................................................................8..........................................................................................................................................................9LO.2.................................................................................................................................................9P.4 Research Methodology.........................................................................................................9Introduction.................................................................................................................................9Research Methods.....................................................................................................................10Research Approach...................................................................................................................10Research Design........................................................................................................................11Sampling...................................................................................................................................11Data Collection..........................................................................................................................12Data Analysis............................................................................................................................12Ethical Consideration................................................................................................................13LO.3...............................................................................................................................................13P.5 Data Analysis and Interpretation........................................................................................13P.6 Recommendations...............................................................................................................22LO.4...............................................................................................................................................23P.7 Reflection............................................................................................................................23CONCLUSION..............................................................................................................................24REFERENCES..............................................................................................................................26APPENDIX....................................................................................................................................28Questionnaire............................................................................................................................28
INTRODUCTIONResearch BackgroundIt is the procedure that organisations and businesses develops global influences or startoperating on an international scale. Through this process goods, services and people freely moveacross the world in a seamless as well as integrated manner so that is called globalization. It hasbought drastic changes in the economy and the business world. It offers both benefits andchallenges for the businesses and its functions such as human resource, marketing, operations,accounting etc. Human resource functions is one of the most essential department for all thecompanies in auto mobile industry either small, medium or large (Horak,2017). Globalisation majorly affected to the human resource development as it is very importantto consider cultural difference, both in and out of the workplace. It is fact that cultural normswithin community influence the workforce and how workers view their jobs, especially inrelation to time spent with their family members as well as ideas about employmentexpectations. In addition to this, ethical factors also influenced the businesses in positive manneras the social corporate responsibilities can bring important advantages to the business (Stewart,and Brown, 2019). so impact of globalisation is positive on the business's operation's and therewhole activity of business. In this report, Jaguar will be chosen for assessment. It is a biggest luxury vehicle brand ofJaguar Land Rover. it is also a British multinational manufacturer of car which was founded in1935. Its headquarters are located in Whitley, Coventry, England. In 2013, Jaguar Cars hasmerged with Land Rovers and form Jaguar Land Rover. Thus, in this current study, scholar will use systematic methods and techniques to explorethe positive impact of globalisation on human resource functions in businesses of auto mobileindustry of Jaguar company. This present research will be based on Qualitative methods in whichscholar will collect the data through survey via questionnaire. LO.1P.1 Project Aim and Objectives.Aim:“To explore the positive impact of globalisation on human resource functions of thebusinesses within auto mobile industry. A case study on Jaguar”.
Objectives:To articulate the recent cultural, ethical and economic trends of globalisation on thebusiness functions.To evaluate positive impact of glocalisation on human resource functions of Jaguar. To identify the challenges faced by businesses after globalisation. To provide recommendations for successful operations of Jaguar as well as to gaincompetitive advantages in the business environment? Research Questions:What are the recent cultural, ethical and economic trends of globalisation on functions thebusiness?What are the positive impact of glocalisation on functions of human resource of Jaguar?What challenges are face by businesses after globalisation? What are the recommendations for successful operations of Jaguar as well as to gaincompetitive advantages in the business environment? Rationale:Thee have been many researches have been done on globalisation. This topic choose bymany researcher because they are scholars and they have personal interest to gain deepunderstanding and knowledge of globalisation and its positive cultural, ethical and economicimpact of globalisation. Scholar is highly interested in studying the impact of globalisation onAuto mobile industry. In addition to this, academic interest of researcher is also another reasonfor selecting this topic as scholar will gain the knowledge about conducting investigations,methods of research methodologies, data collection techniques and ways to conducting surveyand data analysis. P.2 Project Management Plan.Introduction:Project Management plan is the way to conduct the research in a systematic manner as itis very important for researcher to formulate the structure before starting the research. Projectmanagement plan is the process of defining the cost, time, resources are required to identify thepossible outcomes. Further, it also defines the risk involves in the research, communicationchannels used to communicate with stakeholders and quality of study. The scope of the research
is also defined with the help of project management plan (Kerzner and Kerzner, 2017). In simplewords, it is the set of document which contains scope and objectives of the project. Cost:Cost is the total amount of money required to complete the research study. It Is veryimportant for the scholar to conduct the research in a strategic manner because if cost is notproperly allocated it will affect the entire part of the study especially outcomes of the research.So researcher has decided to assign the cost to each and every part to complete the particular partin designated way. In this research, scholar has completed the study in £8000. Time:Time is also an essential factor of the research, it is very necessary for the scholar tocomplete the research in a given time. It is because if research is not completed on time it willaffect the outcomes of the study (Larson and Gray, 2017). Thus, scholar has decided to assigntime to each and every activity of the research. Thus, this current research has completed thisstudy in approximately 133 days. Scope:Scope is defines as the degree of the area or subject matter that something deals with orto which it is relevant. In simple words, it is the range of the particular study. It is very importantto have the best part of the research. The scope of current research present in academic andcorporate sector. This study will be useful for the students who are learning as they will gain theknowledge understand the impact of globalisation on business functions and they will also learnthe methods suitable for particular research (Laufer, 2016). On the other hand, it will also helpthe owner, managers of Jaguar company to take corrective action by the outcomes of this study. Resources:Resources are the materials which are essentially required to conduct the research in adesignated way. Resources are necessitated part of the study as if proper availability of resourcesare not their than it is not possible to complete the research. Researcher has systematicallyassigned the required resources for the research (Neylon, 2017). To complete the research,scholar has availed the following resources such as human resource and financial resource so thatresearch can buy stationery times, USB, laptop, transportation cost etc. Quality:
Quality is essentially required for completing the research in a logical manner and tomaintain the reliability and viability of the research. If quality is compromise than the entireresearch is wastage of time and resources. Researcher has prepared the project management planso that quality of the research is never be compromised and for completing the research scholarhas used key performance indicator, benchmarking as an effective tool for maintaining thequality (He, 2017). Additionally, investigator has also highly aware of the information taken forsecondary sources as all the sources are authentic and reliable. Risk:The uncertain factor is called as risk of the research. There are so many risk involved inconducting the study, so scholar has prepared the project management plan to defined the riskinvolved. Following are the risk, physical injury, theft of data, loss of data, ethical issues etc. Soin order to maintain the research viability and reliability, scholar has identified the risk involvesand take corrective actions to deal with them accordingly. Communication: Communication is very important for research because it is helps in communicate theimportant information among all the stakeholders who are directly or indirectly connected to theresearch (Larson and Gray, 2017). Following tools are the required to communicate tostakeholder such as email, messengers, schedule etc. P.3 Work breakdown Structure and Gantt Chart.TaskModeTask NameDurationStartFinishPredecessorsCostAutoScheduledResearch proposal 45 daysFri 07-06-19Thu 08-08-19$500.00AutoScheduledAims and objectives 15 daysFri 09-08-19Thu 29-08-191$650.00AutoScheduledResearchmethodologies 15 daysFri 09-08-19Thu 29-08-191$1,000.00AutoScheduledData collection 14 daysFri 30-08-19Wed 18-09-191,2$1,500.00AutoScheduledData analysis 30 daysFri 30-08-19Thu 10-10-192$1,700.00AutoScheduledData interpretation 10 daysThu 19-09-19Wed 02-10-193,4$650.00AutoFindingand28 daysFri 11-Tue 19-5$700.00
Scheduledconclusion 10-1911-19AutoScheduledRecommendations 10 daysFri 11-10-19Thu 24-10-195,6$800.00AutoScheduledConclusion andSubmission 2 daysWed 20-11-19Thu 21-11-197,8$500.00Table 1: Time ScaleIllustration 1: Gantt Chart
Illustration 2: Critical pathLO.2P.4 Research MethodologyIntroductionIt is the process of carrying out the small scale research by applying qualitative andquantitative research methods suitable for meeting the project aim and objectives of the research.In simple words, it is the systematic and logical manner for conducting the research study(Kumar, 2019). The main purpose of the research is to make decisions for business with the helpof methodology such as publication research, survey, interview and other research techniques. Inthis current research, scholar has taken various research methodologies which are written below-Research MethodsResearch methods are essential part of the research methodology as it is very important todecide the methods which are used to conduct the research in designated manner. These toolsused by researcher to conduct the research as it defines the base of the study. There are mainlytwo types of the research methods which are qualitative and quantitative methods. The type ofresearch is fundamentally exploratory research is called as qualitative methods. This method isused to gain the knowledge and understanding of underlying reasons, opinions and motivationsand it helps to drive the problems more deeply. Wherein, the type of research methods which areused to identify the issues by transforming the data into utile statistics or way of generatingnumeric data is called as quantitative research methods. With the help of this method researcher can study large number of population.Quantitative research methods are highly structured as compared to qualitative research methods
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