Managing a Successful Business Project- PDF
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Added on 2020-10-22
Managing a Successful Business Project- PDF
Added on 2020-10-22
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Managing a SuccessfulBusiness Project
INTRODUCTIONGlobalization refers to spread of the products, information, technology and job across thenational borders and cultures. It describes about the presence of the interdependence betweendifferent nations across the globe that fosters free trade. The motives of the globalization areidealistic and opportunistic while the development of the global market has been counted asbeneficial to the large corporations on the basis of the western world. Globalization helps theorganizations in gaining the competitive edge and gaining higher profitability by reducing theoperating cost. The multinational companies can gain access to the large number of customers.Globalization of the social, political, legal and the cultural phenomenon is required to bemonitored. The present study is based on Tesco plc, the largest retailer in UK and operates itsbusiness all over the world. This company deals in the grocery and the general merchandisesegment. Furthermore, the study describes the aims, objectives and the research methodologyconsidered for preparing the project. LO 1P1 Aims and ObjectivesBackground researchThe effective expansion of business operations on an international level will help in asignificant deciding of the business activities which will have a important role in deciding theoperations of the organisation. which are carried out for the growth of organisation. The impacton the business environment will lay deep influence on development and growth of anorganisation like Tesco plc in a country like South Africa.Aim:“To evaluate how Multinational companies affect the business environment of host country likeSouth Africa. A case study on Tesco PLC.”Objectives:To identify the idea of Globalisation.To analyse how multinational companies impacts the business environment within acountry.To analyse positive and negative impact of multinational companies on performance ofTesco Plc.1
To suggest recommendations to control and prevent adverse effect of globalisation onselected retail organisation, Tesco plc.P2 Project management plan with assessment of cost, scope, time, communication, quality andrisk and resourcesA project management plan can be defined as the effective tool or strategy that isfollowed by the organisation or researcher to plan and perform the data assessment andevaluation process with high level of effectiveness.It helps in carrying out research activity withhigher efficiency.The risk assessment measures performed by the data analyst will look after dataevaluation of different research activity that involves the assessment of different attributes(Nguyen, 2018). The attributes include the following components:Cost: This includes the budgeting of all the research processes that will be carried out byresearcher. It includes the cost of purchasing the equipments and carrying out the researchprocess (Isherwood and Tassabehji, 2016). For the present report, an estimated budget of£259,500,000 will be required.Budgetunit/ hrsCosts/ unit/ hrsWBS Level 1 totalSalary ofProject managergroup members8001500£100£550£9500£111000Handheld devicesServers1203£650£4000£60000£15000Installation andupdation ofLicensed software120£200£2000Testing ofhardware andsoftware£58000Equipment for the£40002
projectScope: The scope of present data assessment process involves evaluation of operating oninternational level with assessment of impact laid by multinational companies on the operationsand business environment (Bartlett, 2017). This will help the researcher to identity the extent ofthe globalisation and type of influence it lay on the functionality of a retail business enterprise(Larson and Chang, 2016).Time: The time constraints will look after effective period that are taken in context byresearcher to initiate and complete the research process in stipulated time frame. This willincreasing the effectiveness of data assessment process that is been carried out for analysis ofglobalisation measures of selected retail enterprise.The current research process, 8 weeks oftime is been taken (Dutta and Bose, 2015). Communication: In order to carry out effective data assessment process, effectivecommunication is very important (Cha, Newman and Winch, 2018.). Various interactivemeasures like emails, memo's, notices and social media platforms will be used to carry outcommunication process. This will help in improving ideas and knowledge of researcher carryingout the data assessment process (Patanakul, 2015). Quality: The quality aspect of data assessment measures which are been followed willinclude evaluation of the precise data collection and assessment process that will help in suitablemanagement of the data assessment operations which are followed by researcher to analyse theimpact of globalisation (Thamir and Poulis, 2015).Risk and Resources: Various risk factors will be looked after by researcher which caninfluence the research process and data evaluation measures (Young, 2016). The risk factors likereluctance of respondents, their turnaround, maintaining the data security and privacy. Besidesthis, the researcher will utilize the various resources like newspaper, books, journals, articles etc.Computers, stationeries and other essential physical resources are also utilized (Palinkas and et.al., 2015).3
P3 Work break down structure with Gantt Chart and time frames and stages of completion ofresearch process.4
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