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Managing a successful business project - Allan Reeder Limited

   

Added on  2020-01-07

20 Pages4874 Words154 Views
MANAGING ASUCCESSFULBUSINESS PROJECT

Table of ContentsINTRODUCTION...........................................................................................................................1TASKS.............................................................................................................................................1P1 Devise project aims and objectives for a chosen scenario.....................................................1P2 project management plan that covers aspects of cost, scope, time, quality, communication,risk and resources ......................................................................................................................3P3 work breakdown structure and a Gantt chart to provide time frames and stages forcompletion...................................................................................................................................4P4 Carry out small-scale research by applying qualitative and quantitative research methods.5P5 Analyse research and data using appropriate tools and techniques.......................................8P6 Communicate appropriate recommendations as a result of research and data analysis ........9P7 Reflect on the value of undertaking the research to meet stated objectives and own learningand performance........................................................................................................................10CONCLUSION .............................................................................................................................12REFERENCES..............................................................................................................................13

INTRODUCTIONA Project can be defined as a set of work assigned to a group of people working in anorganisation to fulfil the desired goal with in the specified time allocated (Kerzner, 2013). It ischaracterized by some unique qualities like having interdependent activities which is performedby the allocated team members. The task may be uncertain and full of risk also. The projectmanagement is the process of designing, supervising and managing all the activities involved inthe project (Meng, 2012).The present report is based on the Allan Reeder Limited that aims to do work regardingcorporate social responsibility for maintaining its importance for sustainability and competitiveadvantage. The CSR is aiming to ensure that companies conduct their business in a way that isethical. This means it is taking account of their social, economic and environmental impact, aswell as considering the human rights.The report is explaining the production of a project management plan that covers aspectsof cost, scope, time, quality, communication, risk and resources. This also produce a workbreakdown structure and Gantt chart to provide time frames and stages for completion reflectingthe value of undertaking the research to meet the desired objectives.TASKSP1 Devise project aims and objectives for a chosen scenarioAims: The project focus to manage a successful business project by reflecting thecorporate social responsibility (CSR) and the benefits of following it. Objectives: The CSR (corporate social responsibility) is defined as the voluntarycommitment of businesses that tries to incorporate the organisation practices achieving itsgoal by making and following some rules and regulations in terms of companies. Therules governed by them are following:It tells that every company should do their businesses by keeping the moral values.The company should take care of the cultural, commercial and geographical impacts andconsidering the human rights.The human rights are moral principles that explores some standards of human actions andare continuously protected as legal principles in municipal and intercontinental law.It possess a range of tasks in favour of the workers involved in any businesses by stopending activities like the working in partnership with local communities, socially1

responsible investment, improving contacts between employees and customers,protection of environment and its sustainability.There exist some businesses which have the main motto of accomplishing the socialgoals opposing those that tries only to meet the financial benefits. Such businesses arecalled social enterprises. This process includes stakeholder analysis, the inclusive plan framing including themarket place by understanding the surroundings and problems. It maintains the wish to do best as a corporate i.e. doing leadership.It establishes a network to guard the entrepreneur in management's impact. It makes communication possible by grasping the activities which bring profits to theorganisation.M1The project deals with the management of business of the Allan Reeder Limitedcorporation with the help of CSR i.e. corporation social responsibility (Baiden and Price, 2011).This project's objective is to manage the projects of the enterprise by following its rule likemaintaining the ethical values within the businesses. Social, economic and geographical impactsincluding the standard of human rights are considered too. The activities like partnership amongthe local communities, investments which is done socially, communication between consumersand employees, etc. are managed by the CSR only. The CSR also insures the protection ofenvironment and the workers (Doloi and Sawhney, 2011).So, the company should follow the legislative rules laid by CSR in order to make highestturnover.D1The project management process covers the aspects of cost, scope, time, quality,communication, risk and resources. These all factors impact a negative as well positive image onthe production of the product. The research methodologies comprise of a list of activities likedefining the objective and aim of the project, initialisation, motoring and controlling of theproduction's issues, as well as the execution of the project. This is reliable and accurate as per theproject.2

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