Managing a Successful Business: Project (P1, P2 & P3)

This presentation explores the management of successful business projects and focuses on improving recruitment, selection, and training processes. It includes a case study on Tesco, a multinational firm. The aim is to determine ways to meet global requirements and achieve a competitive advantage. The presentation covers the positioning of Tesco in the retail sector, the impact of HR policies on competitive advantage, and various aspects of project management such as cost, scope, time, quality, communication, risk, and resources. It also includes a Gantt chart and work breakdown structure. The conclusion emphasizes the importance of considering various aspects for successful project completion.

Managing a successful business
Project
(P1, P2 & P3)

Introduction
Managing of projects are defined as the practice of planning, executing
or closing the project in a systematic manner so that desired goals can
be achieved in a preset time period. Apart from that, recruitment and
selection are the methods which are used for hiring skilled and
knowledgeable candidates for the company so that better support
would be received in decision-making process. Two organisations are
taken in this assignment which are McLeod and partners and Tesco.

Overview of organisation
 Tesco is a multinational firm whose headquarters are situated in UK.
The company was established in 1919 by Jack Cohen.
 Company also offers various grocery and merchandise products
across the world.
 At present company is performing its duties in every nation therefore,
it is very essential for them to recruit knowledgeable and experienced
employees which will be helpful in meeting with the requirement of
international level.

Aims and objectives
Aim: “To determine the ways through which the firms can improve
their recruitment selection and training of employees for meeting
the global requirements and to achieve high competitive
advantage.” A case study on Tesco.
Objectives:
 To assess the positioning of Tesco in retail sector
 To determine the extent up-to which the recruitment, selection
and training of Tesco in meeting the international requirements.
 To determine the impact of HR policies on the competitive
advantage of Tesco over its competitors in retail sector.

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Questions:
 What is the positioning of Tesco in retail sector ?
 How far the recruitment, selection and training policies of
Tesco meet international requirements ?
 Is there any impact of HR policies of Tesco on the
competitive advantage of their competitors ?

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There are various aspects like cost, quality, scope, risk, time etc. which
are included in project management plan and necessary for completing
the research project. These aspects are briefly discussed as below:
Cost: This is the estimated cost which will be utilised by company
and researcher in conducting the research and for executing the project.
Scope: The scope of research is very huge and will be helpful for
Tesco in improving their recruitment, selection and training procedures.
Time: Time for this project is 16 weeks and researcher have
calculated the time for completing the research programme in an
effective manner is 8 weeks.

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 Quality: It is the quality of the research carried out by researcher as
well as the quality of the project executed by the company.
 Communication: This refers to the channel which will be used by the
company and researcher in communicating with the different people
and respondents.
 Risk: It includes the risks associated with the execution of the
research and project undertaken by the company and researcher
 Resources: These are the resources which will be used for conducting
the research as well as for executing the project.

Gantt chart
This is a bar chart which represents that project should be scheduled in
proper manner. This chart is generally used for showing all the project
activities along with a specific time-frame so that project should be
completed in the given time period.

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Work breakdown structure
It is a graphical representation of time period which is decided for
completing the project. It is also used for dividing the complex
activities in the small parts so that project will be executed in a proper
manner.

It has been concluded from the above presentation that managing
of business projects are not an easy method therefore for
completing it in a proper manner project manager should
consider various aspects like cost, scope time quality etc. so that
chances of failure of project can be reduced. Various research
methods assist the researcher to gather useful or reliable data
through which a valid conclusion can be constructed and that will
be beneficial for the firm in achieving their preset goals or
objectives.
CONCLUSION

References
Books and Journals
 Armstrong and et. al., 2015. Marketing: an introduction.
 Freeman and et. al., 2014. Digital junk: food and beverage
marketing on Facebook. American journal of public health.
104(12). pp.e56-e64.
 Jackson, G. and Ahuja, V., 2016. Dawn of the digital
age and the evolution of the marketing mix. Journal of
Direct, Data and Digital Marketing Practice. 17(3).
pp.170-186.

THANK YOU