Managing a Successful Business Project (Assignment)
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Added on 2020-10-05
Managing a Successful Business Project (Assignment)
Added on 2020-10-05
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Managing a Successful Business Project
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Devise the aims and objectives for a chosen scenario...........................................................1P2 Produce a project management plan along with its components...........................................3P3 Produce work break down structure and a Gantt Chart........................................................7LO 2.................................................................................................................................................8P4 Small Scale research by applying qualitative and quantitative research methods.................8Introduction.................................................................................................................................8Research type..............................................................................................................................8Research approach......................................................................................................................9Research design...........................................................................................................................9Sampling...................................................................................................................................10Data collection..........................................................................................................................10Data analysis.............................................................................................................................10Ethical consideration.................................................................................................................11LO 3...............................................................................................................................................11P5 Analysing the research data by using the appropriate tools and techniques........................11P6 Communication and recommendation.................................................................................20LO 4...............................................................................................................................................21P7 Reflective ............................................................................................................................21CONCLUSION .............................................................................................................................21REFERENCES .............................................................................................................................23
INTRODUCTIONTitle :“To identify the positive economic, cultural and ethical impacts of globalisation onthe operation functions” a case study based on John Lewis.Globalization is a phenomenon that has led to the integration of regional economies,societies and cultures through communication, transport and trade. Economic globalisationwhich belongs to the integration of national economies into through trade. In other words,globalisation is the concept to deal with free movement of goods, services and people across theworld in a seamless and integrated manner. Furthermore the present study will be based on theterm globalisation where it explains about the positive impact of ethical, political and economicimpact of globalisation on the operation function of John Lewis. It is the leading chain of highend department stores operating throughout the UK. Furthermore, Research will outline theconcept or factor affecting terms of globalisation that might increase the smoothly operationfunctional goals. However, the study also outline the research methodologies along withqualitative and quantitative techniques. At the end of the section report also analysis thecollected data by the help qualitative research technique. LO 1P1 Devise the aims and objectives for a chosen scenarioBackground In general terms, Globalisation has both an emotional and factual terms. In other words,globalisation has been given both positive and negative impact on the business functions indifferent manner. Globalisation impact operation strategies in both negative and positive ways.For example there are so many global factors which company uses for its own operationalfunctions such as economies of scale, scanning, global sourcing and R&D. So these factors ofglobalisation gives the positive impact to the John Lewis business. Positive economic impact ofglobalisation is increasing the productivity of business. Overall research based on the suchfactors and helps to determine the impact of globalisation on the business operational functions. Study also explains that globalisation also contribute to increases the positive culturewithin the organisation by introducing the employee benefits by increasing the income and boostup the employee performance (Noe and et.al., 2017). So this environment creates the positiveculture and employee commitments towards the company goals. In other words, business ethicsare to be considered to most important activity within the business which helps to protect1
business operation function from unnecessary implications. In order to deal with internationalmarket company has to followed the proper ethic system of the another country to maintained thegood relation with the government. Overall study will discuss alls such important factor to meetout the project aims Company overview John Lewis is the chain supermarket stores across the UK. John Lewis also located inthe Republic of Ireland and Australia. John Lewis was open its first store in 1864 in Oxfordstreet, London. It has overall 51 stores throughout the England, Scotland and Wales. In the UKsystem John Lewis were the first company which adopts the central buying and launching theJonell name for own brand merchandise (Al Shobaki and et.al., 2017).RationaleThe reason to outline this research is to investigate the scope or facts to measure thepositive economic, culture, ethical impact of globalisation on the operational functions. In orderto gathered the primary and secondary research study also using the different objectives andgoals. Also study wants to get the facts and figures to identify the different new activities andopportunities to grow the business globalisation growth.Aims: “To identify the positive economic, cultural and ethical impacts of globalisation onthe operation functions & Human resource” a case study based on John Lewis.Objectives:To investigate the positive impact of economies, culture, ethical on the businessoperations.To identify the concept of globalisation in the context of Human resource department.To determine the challenges of globalisation that company faced to operate internationaloperations activities.To recommend and suggest the globalisation strategies for the business operations. Research QuestionsQ. What are the positive impact of economies, culture, ethical on the business operations.Q. What are the factors economies, ethical and culture of globalisation affect business operationfunctions. Q. What are the challenges of globalisation that company faced to operate internationaloperations activities ?2
Q. To recommend and suggest the globalisation strategies for the business operations. P2 Produce a project management plan along with its components.Project Management Plan Project management plan is the whole process or activity which creates the project teamand the key stakeholders. A project management plan is formal, approved document whichconsists all such activities like project cost, project ending or starting date, risk, quality etc. Thisis the project managers spend a substantial amount of time ensuring baseline are achieved.Present project plan has based on the globalisation and its factors affecting company operationalfunctions (Reilly and Williams, 2016). Here it explains some elements and components whichdefine the project outlines into more clear manner. TaskModeTask NameDurationStartFinishPredecessorsAutoScheduledPreparation of proposalfor research 2 daysFri 15-02-19Mon 18-02-19AutoScheduled Establishment of Aimsand objectives 4 daysTue 19-02-19Fri 22-02-191AutoScheduledLiterature review 5 daysMon 25-02-19Fri 01-03-192AutoScheduledResearch methodologies 7 daysMon 25-02-19Tue 05-03-192AutoScheduledData collection 8 daysWed 06-03-19Fri 15-03-193,4AutoScheduledData analysis 4 daysMon 18-03-19Thu 21-03-195AutoScheduledData interpretation 5 daysFri 22-03-19Thu 28-03-196AutoScheduledFinding and conclusion 2 daysFri 22-03-19Mon 25-03-193,6AutoScheduledRecommendations 1 dayFri 29-03-19Fri 29-03-197,83
AutoScheduled Implementation of plan 1 dayMon 01-04-19Mon 01-04-199AutoScheduledSubmission of the report 1 dayTue 02-04-19Tue 02-04-1910Cost : Cost also refers to the budget plan that shows the each activity cost as per the totalbudget cost. Cost is the most essential element that must be applied on the basis of properplanning and goals. BudgetParticularsAmountRent of building14000Labour cost12400Machineries and furniture11450Communication costs13000Total50850Scope : Scope is the project foundation which clearly mentioned about what project isbased on and what are their aims and objectives. Project activities distributed after preparing theaims of the study. Like, present scope is to access the globalisation factors and its impact on thecompany operational activities. Quality : Quality planning should be measured by the project manager to ensure weatherthe process is going productively or not. Project should meet their quality standards to get thegood outcomes and research outcomes. Communication : Communication plan is most significant activity to flow theinformation room one place to another. Communication is also important to configure the data toall the stakeholders. Resources : Resources is the equipments which will be using throughout the research.Such as equipments, human resource, materials, finance etc. all such resources are necessarywithout which project is not been possible to collect data or information for the research aims.For present research all such resources are going to be taken to collect the information.4
Time : Every project should have one starting and ending date in between all theactivities has been done in productive manner. Time or project deadline helps to complete thework within the time in efficient manner. Risk : Risk management planning is must be prepared by the project manager to handlethe uncertain activities in future (Epstein, 2018). Risk management plan helps to secure theresearch data and other confidential information. This would help to determine the long lastingdevelopment goals and helps to meet the all required information and objectives. Type of risk Probability Effect of riskConsequences ofriskMitigationstrategy Economic risks HighHigh Economic riskaffect thecompanyprofitability inhigh manner. Economic riskcan also affect thesales volume ofthe businessorganization. Company shouldrequired to makeplanning ofbudget beforeexpanding thecompany intoanother country. Political risklowhighPolitical risk alsolimit the companyexpansion plan byunstintingpolitical issuestrade and nontariff barriers. In order to reducethe negativeimpact ofpolitical riskcompany shouldadopts the allpossible policiesand legalinstructions givenbythegovernment. Ethical issueslowHighEthical affect theEthical issues5
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