Project Logbook Template and Performance Review

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The provided assignment details include a project logbook template with weekly updates, research tasks, points to consider, and performance review questions. The template must include essential information such as the project title, date, update on weekly research or tasks achieved, points to consider, problems encountered, and new ideas and change of project direction. A Gantt chart illustration is also provided. The performance review section includes questions such as what was the project supposed to accomplish, did the project succeed in its objectives, what things worked well and why, and what problems emerged during the project.

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Managing a Successful
Business Project

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Executive Summary
Multinational corporations can provide developing countries with many benefits.
Multinational companies are spread into so many areas. Due to outsourcing and overseas
manufacturing, many companies have factories, supply chains or call centrers around the world.
When multinational invests in a host country, the scale of the investment is likely to be
sufficient. Present study has been based on to identify the impact of multinational companies on
business environment of the host destination. Global integration between companies, services
technologies, factor flows are just trying to come together for the development of economy
growth. International businesses includes any type of business activity that across national
borders.
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Table of Contents
INTRODUCTION ..........................................................................................................................1
Overview of the study and Research question.................................................................................1
Produce a Project Management Plan that covers aspects of............................................................2
Brief Literature Review ..................................................................................................................4
Methodologies..................................................................................................................................5
Preliminary Results .........................................................................................................................6
Recommendation...........................................................................................................................10
Summary Conclusion.....................................................................................................................10
Reflective ......................................................................................................................................10
REFERENCES .............................................................................................................................12
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INTRODUCTION
Title : To identify the impact of multinational companies on business environment of the host
destination. Case study based on Mercedes Benz based in hungry
Multinational corporations can provide developing countries with many benefits.
Multinational companies are spread into so many areas. Due to outsourcing and overseas
manufacturing, many companies have factories, supply chains or call centrers around the world.
When multinational invests in a host country, the scale of the investment is likely to be
sufficient. Present study will be based on to identify the impact of multinational companies on
business environment of the host destination.
Overview of the study and Research question
Global integration between companies, services technologies, factor flows are just trying
to come together for the development of economy growth (Patra and Manohar Rao, 2016).
International businesses includes any type of business activity that across national borders. In
other terms, In international businesses are those business that buys or sells goods and services
across two or more national boundaries.
It also defines the better goods and services into more appropriate manner. International
businesses sometimes impact on host companies interns of selling low services in the existing
market (Buckley and Casson, 2016). Globalisation is a process helps to company to entered into
the new country.
Company overview
Mercedes Benz is the multinational auto mobile company of German. This brand is
known as for luxury vehicles, buses, coaches and lorries which is very much innovative buy its
own ways. For looking for an innovation and creative planet Company invest 1 billion euros to
build up the first Full Flex Plant in Hungry with opining over 25,00 jobs for their country people.
Mercedes Benz creates the best model in order to considered the needs and want of Hungarian
people (Shenkar, Luo and Chi, 2014).
Aims : To identify the impact of multinational companies on business environment of the host
destination” Case study based on Mercedes Benz based in hungry
Objectives
To determine the importance of multinational business environment on host destination
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To identify the possible impact of globalisation on the business environment of host
country.
To ascertain the challenges that host country faced during the implementation of
international business.
Research Question
Q. What are the importance of multinational business environment on host destination
Q. What are the possible impact of globalisation on the business environment of host country.
Q. What are the challenges that host country faced during the implementation of international
business.
Produce a Project Management Plan that covers aspects of
Project scope: Project scope is very necessary to keep the research on and accomplished as per
the set targets. Scope refers to the activity for which actually research has been conduct. Resent
study helps to define the what possible challenges facing host destination by the effect of
multinational companies (Dhar, 2018). This study helps to determine some solutions to minimize
the negative effects.
Cost : Project cost associated with cost factor which incurred by the research. Such as
how many resources has spent, how much operational cost incurred to undertaking different
activities to met out the goals. For conducting present research it has been taken £400.00
Resources : Apart from that, it helps to full fill the new managing growth for the
business development process. Resources includes, human resource, financial resources,
operational resources etc.
Risk : Researcher needs to manage risk factor, unexpected risk has always been involved
in research process. Such as legal implications, shortage of resources, natural calamity etc.
Communication : to keep maintained the connection with all the members in research
process will be more helpful to managing the new developing task. It is necessary to keep
connected with everyone to pass the information growth channel (Flick, 2015).
Project management plan
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Design 1 day Fri 4/13/18 Fri 4/13/18
Development of Project
Initiation Document 15 days Mon 4/16/18 Fri 5/4/18 1
Determining resources of
project 10 days Mon 5/7/18 Fri 5/18/18 2
Formulation of goals and
objectives 6 days Mon 5/21/18 Mon 5/28/18 2,3
Setting deadlines 1 day Tue 5/29/18 Tue 5/29/18 4
Gathering Team 15 days Wed 5/30/18 Tue 6/19/18 5
Develop 1 day Wed 6/20/18 Wed 6/20/18 6
Conducting meeting 10 days Thu 6/21/18 Wed 7/4/18 5,7
Scope of project 5 days Thu 7/5/18 Wed 7/11/18 8
Collection of data 10 days Thu 7/12/18 Wed 7/25/18 9
WBS structuring 10 days Thu 7/26/18 Wed 8/8/18 10
Planning of budget 14 days Thu 8/9/18 Tue 8/28/18 11
Implement 1 day Wed 8/29/18 Wed 8/29/18 12
Assuring quality 20 days Thu 8/30/18 Wed 9/26/18 13
Training of team 10 days Thu 9/27/18 Wed 10/10/18 14
Evaluate 1 day Thu 10/11/18 Thu 10/11/18 15
Change control integration 21 days Fri 10/12/18 Fri 11/9/18 16
Monitoring and control of
project 10 days Mon 11/12/18 Fri 11/23/18 17
Checking of quality 15 days Mon 11/26/18 Fri 12/14/18 18
Closure 1 day Mon 12/17/18 Mon 12/17/18 19
Project management plan
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Evaluation of project 15 days Tue 12/18/18 Mon 1/7/19 20
Areas of modification 10 days Tue 1/8/19 Mon 1/21/19 21
Work break down structure
Project management plan

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Gantt Chart
Illustration 1: Gantt Chart
Brief Literature Review
For that, research has been taken Mercedes Benz which is situated in Hungry (Boniface,
Cooper and Cooper, 2016). Further study will be going to explain some different aspects of
research to create findings by using different research methods. However, research also
producing some new aspects of globalisation and their impact on host country (Manova, Wei and
Zhang, 2015). On the other hand, host companies might be facing issues such as domestic
business companies not fully able to compete with MNC companies or MNC may not be
fulfilling the all needs of country expectations and new managing successful business growth.
Sometimes, due to Multinational businesses host destination would not get the profit in
developing economy. In order to develop the high goals and services in order to meet out the best
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target performing areas. Overall, it helps to get the best sources to get reduce the impact of
multinational companies on host countries.
Methodologies
Research approach : research approach is the significant term of research methodology
which has been based on hypotheses to study. This is the process or plan that consists some steps
to identify the research topic into more detailing process. Apart from that, it also helps to
discover the new managing successful business growth in order to meet out the best possible
action plan (Taylor, Bogdan and DeVault, 2015). There are two types of research approach
deductive and inductive. Inductive approach which is based on the observation of theories to go
towards the end. Besides, deductive approach is concerned with developing a hypothesis on
existing theories. Present study has been taken inductive approach to observe and find out some
new findings.
Sampling : Sampling is the another most significant method of researcher to opt a
sampling method. Sampling is used to select the member population out of big number of ratio.
That helps to reconnect the major growing performance task in order to meet out the best
forming results of research (Silverman ed., 2016). There are two types of sampling method such
as probability sampling and non-probability sampling method. Probability sampling in which
every member has chance to get involved in the research process to participation. Contrary, non-
probability sampling in which researcher selects limited number of sample candidates for
participation. Present will be taking simple random sampling with taken 30 Customers.
Data collection : Data collection is the most significant method to determine the best
sources and managing task. Data collection is the process to determine the information process to
gain some more profitable resources. There are two types of data collection method primary and
secondary (Mackey and Gass, 2015). Primary technique of data collection in which researcher
collects all required information by interviews, questionnaire, observation. Secondary data
collection method collects by internet, books and journals. Present study has been taken both
method to collect data information.
Data Analysis : once researcher collects data, next process is to analyse those data by
two following techniques quantitative and qualitative method. Qualitative method data analysis
technique which analysed data into non numeric form. This method of data analysis technique
will be held on the basis of thematic manner (Lewis, 2015). On the other side, quantitative
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method of data analysis will determine data with numeric or mathematical term with the help of
mean, median, mode. This process will identify the new identified goals and services.
Questionnaire
Name :
Occupation:
1. Does international businesses introduces new services or products ?
Yes
No
2. Does MNCs impact on the development of living standards of Hungry ?
Yes
No
3. Does international businesses is effective approach to enhance the job opportunities ?
Yes
No
4. Does Mercedes Benz get benefits from international businesses ?
Yes
No
Preliminary Results
Theme 1: International businesses introduces new services or products
1. Does international businesses introduces new services or products ? Frequency
Yes Project management plan 20
No 10
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Interpretation: On the basis of above analysation it has been observed that, 20
respondents were suggested yes that international business introducing new services or products
at different variety of growth services. They were thinks positive towards the MNCs and their
involvement in Hungry. Apart from that, 10 number of customers were said that no, due to
Multinational companies host country affected by different losses in order to meet out the result
outcomes. Apart from that, it has been concluded out of the survey that maximum number of
respondents thinks positive towards the entrance of new businesses in the country.
Theme 2: MNCs impact on the development of living standards of Hungry
2. Does MNCs impact on the development of living standards of Hungry ? Frequency
Yes 25
No 5
8
Yes No
0
5
10
15
20
25
20
10 Column B
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Interpretation : As per the analysis of above given table it has been analysed that, when
researcher asked question directly to the customers that does MNCs impact of living standards of
Hungry people. So out of that, 25 number of customers would suggest that MNC the impact on
the development of living standards of Hungry. Apart from that, those respondents suggested
that, new companies provides different facilities and services provides to the customers in order
to meet their satisfaction level of customers. Moreover, it brings their own service growth in
order to meet out the source full from the long term growth. It helps to bring many services and
growth channel. This helps to discover the long term new managing long term effects. As per the
5 respondents they were suggested that they affect negatively on the development of managing
goals.
Theme 3: International businesses is effective approach to enhance the job opportunities
3. Does international businesses is effective approach to enhance the job
opportunities ? Frequency
Yes 25
No 5
9
Yes
No
0 5 10 15 20 25 30
25
5
Column B
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Interpretation : As per this analysation it has been found out by researcher is to that, is
international businesses effective approach to enhance the job opportunities for the unemployed
people. 25 of them react positive towards the development of better job opportunities. Besides, 5
of them react negatively in order to make better forming results. Due to globalisation huge
pressure has been increased for the job seekers to get high skills and knowledge
Theme 4: Mercedes Benz get benefits from international businesses
4. Does Mercedes Benz get benefits from international businesses ? Frequency
Yes 20
No 10
Interpretation : On the basis of this present analysation, when researcher asked question
to respondents that is globalisation would give huge success to Mercedes Benz to entered into
the new market of Hungry. Out of all 30 customers. 20 of them preferred yes or 10 were said no.
10
25
5
Yes
No
20
10
Yes
No

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Recommendation
Globalisation is the most essential and challenging as well to adopt. It helps to provide
opportunities to businesses to conduct international business. Besides, due to which the existing
company sometimes would not get survive in that high incensed market of competition. This has
been given negative impact on the host country (Fratocchi and et.al., 2016). On the other hand,
scope of international business also helps to focus on the problems and opportunities that
emerges because a company is operating in more than one place. Such as Mercedes Benz have
opportunity to grab new customer action from Hungry. On the same note, Hungry businesses has
faced the pressure of existing company. The most negative impact has been faced by host
country Hungry was Labor conflicts, investment pressure, technology drain, export
displacement, low wage imports, Tax evasion etc (Ghosh, 2015). Multinational business would
get impact on host country in the form of better development area. Apart from that, it helps to
suggest the best forming results and goals. In order to recommended the strategies to get the best
outcomes are to manage the all resources effective. To reduce the negative impact of
international businesses for that, host country needs to maintained their own position level into
the conducting the best activities and forming good outcome results.
Summary Conclusion
On the basis of above section it has been concluded that, international business has been
given both positive and negative effect on the development of host country. It relates to the
globalisation impact on business organisation. Present study has taken Mercedes Benz to conduct
the overall study. Present study also presented some new aims and objectives to meet the needs
of project target.
Reflective
On the basis of above conducted research, I have gone through from various steps to end
up with the research outcomes. Present research helps to identify the most promising outcomes
to present the impact of MNC on host countries. Overall, it helped me to get in-depth knowledge
of impact of globalisation on the host country by taking Mercedes Benz. I have gone through
different research methodologies approaches which is much significant for conducting every
research (Kothari and Lunkad, 2018). Through I got to learn importance of them. Besides, I also
helped to learn some new knowledge and learning to get my career more advanced. Overall,
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study helps me to get out of my fear of facing people interaction. Throughout this research I
gained motivation, confidence to communicate with so many people at a time. All the research
steps and process helps to meet out the present aims or objectives that is to identify the impact of
international business on host destination by analysing primary or secondary data. Overall, it
helps to conduct so many approaches to get new findings and research outcomes. Apart from
that, I have done by task by given all necessary activity and goals in order to meet out the goals
and objectives. In order to meet out the goals and objectives. I have collected different
information and data to collect several information data regarding international business and
their impact on host country. Study conducted survey with 30 employees of Mercedes Benz to
collect the new several, performing activities to get the final outcomes. Throughout this study
helps me to conduct my new further researches which helps me to my career advancement.
Overall, it helps me to get the new forming results and growth. This research helps me for my
further three research such as to identify the importance of globalisation, to identify the needs of
globalisation or on the MNCS as well.
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REFERENCES
Books and Journal
Boniface, B., Cooper, R. and Cooper, C., 2016. Worldwide destinations: The geography of travel
and tourism. Routledge.
Buckley, P. . and Casson, M., 2016. The future of the multinational enterprise. Springer.
Dhar, S., 2018. Information Technology And Data Arteries-Enabling Business Strategy.
Flick, U., 2015. Introducing research methodology: A beginner's guide to doing a research
project. Sage.
Fratocchi, L. and et.al., 2016. Motivations of manufacturing reshoring: an interpretative
framework. International Journal of Physical Distribution & Logistics Management. 46(2).
pp.98-127.
Ghosh, B. B., 2015. Impact of globalisation on Indias technological regime.
Kothari, S. and Lunkad, K., 2018. Impact of Globalisation in the Four Asian Dragons.
Lewis, S., 2015. Qualitative inquiry and research design: Choosing among five
approaches. Health promotion practice. 16(4. pp.473-475.
Mackey, A. and Gass, S. M., 2015. Second language research: Methodology and design.
Routledge.
Manova, K., Wei, S. J. and Zhang, Z., 2015. Firm exports and multinational activity under credit
constraints. Review of Economics and Statistics. 97(3). pp.574-588.
Patra, T. and Manohar Rao, J., 2016. Technology Adoption and Growth of Firms during Post
Liberalisation: A Study of Indian Automobile Industry. Journal of Applied Economics &
Business Research. 6(3).
Shenkar, O., Luo, Y. and Chi, T., 2014. International business. Routledge.
Silverman, D. ed., 2016. Qualitative research. Sage.
Taylor, S. J., Bogdan, R. and DeVault, M., 2015. Introduction to qualitative research methods: A
guidebook and resource. John Wiley & Sons.
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Project Logbook Template (at least weekly)
Use the following as a guide to the content that your log book must include. You may record
this information in any way that is efficient for you, which can be ultimately handed in as a part
of your assignment.
Name:
Project title:
Date:
Update on weekly research or tasks achieved
Points to consider:
What have you completed?
Research to identify the impact of digital technology
Did you fulfil task requirements?
Yes by executing in depth investigation on topic.
Are you on track and within deadlines set?
By formulating the time management strategy .
Did you need to make any changes to your project management plan?
Yes, the changes will be made considering the situation.
Any risks and/or issues identified?
Points to consider:
Did you identify risks/issues with a lack of skills required for undertaking
research/tasks?
Yes lack of resources as well as sufficient time
Did you identify any additional risks/issues that have an impact on the project
management plan?
-Yes
Risk of ethical issues
-yes
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Problems encountered:
Points to consider:
What barriers did you face?
- In data collection method
I faced barriers in order to collect the data
- Yes
How did you overcome them?
- Take new strategies
By utilizing the technology
- it helps me to make new performing goals.
New ideas and change of project direction:
Yes , advance technology can be utilized for gathering the data or facilitating the
communication during investigation procedure.
Template for Performance Review
Template to be attached with the
report by the learner:
1. What was the Project supposed to accomplish?
The main purpose of the organisation and make the long term goals and best
2. Did the project succeed in its objectives/ how do you know?
Yes
3. What things do you think worked well and why?
Yes, I worked well. I think so because strategies which I suggested to my team members.
4. What problems emerged during the project and how were they
tackled?
I faced issue regarding collection of data information.
5. What did you learn from undertaking the project?
I gained knowledge about various research methods as well as
techniques. In addition to this I have developed depth understanding
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about the concert of globalisation as well as its effect on business.
6. How would you rate your performance as a management consultant
leading the project?
I rank my self at second position, as I due to lack of effective
communication skill I fail to conduct interview.
7. What strengths and weakness of your performance did you identify?
Strength : I have little knowledge about research.
I haver creative mind.
Time management skills.
Weakness :
Lack of effective communication skills.
Lack of analytical skill
8. How will this inform and support your continuous professional
development?
This process helps to determine the long term effectiveness
and best outcome results. This helps to learn new skills and
knowledge.
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