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Managing a Successful Business Project : Costs & Scope

Added on - 18 Dec 2019

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Managing a successfulbusiness project
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Devise clear aims and objectives for your project.....................................................................1P2: Produce a project management plan incorporating: costs, scope, time, quality,communication, riskand resources...................................................................................................................................2P3: Produce a work breakdown structure and a Gantt chart to provide timeframes and stages forcompletion.......................................................................................................................................3M1:..............................................................................................................................................3TASK 2............................................................................................................................................4P4: Carry out small-scale research by applying qualitative and quantitative research methodsappropriate for meeting project aims and objectives.................................................................4M2...............................................................................................................................................4D1................................................................................................................................................5TASK 3............................................................................................................................................5P5: Analyse your research and data using appropriate tools and techniques..............................5P6: Communicate appropriate recommendations as a result of research and data analysis to drawvalidand meaningful conclusions............................................................................................................6P7: Reflect on the value of undertaking the research to meet stated objectives and ownlearning andperformance................................................................................................................................6M3...............................................................................................................................................7M4...............................................................................................................................................7D2................................................................................................................................................8CONCLUSION...............................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONThe first and the foremost thing done by any organisation after establishment of thebusiness is that its management. The term management itself describes about this word in a verywell manner. The first and the foremost thing which an organisation should do is that they shouldknow the purpose of the beginning and the end. The firm should have its vision and the missionclear in the beginning itself (Kerzner, 2013). Keeping the objectives in the mind the managersshould work according to it this will help in achieving the objectives in a proper time. In order toachieve the objectives of the business one should also have the detailed knowledge about theroles and the responsibilities of each and every manager. The other things which the companyshould notice is that communication. There should be a proper channel of communicationbetween the public and the organisation.The present report is based on the Costa Coffee whichis one of the leading coffee chain in the United Kingdom. They provide a wide range of productsto its customers. The main purpose of this report is to understand the aspects of recycling ofCoffee process in the company in order to implement their CSR activities.TASK 1P1 Devise clear aims and objectives for your projectThe main aims and the objectives of my project is to define a clear concept on the topicmanaging a successful business project. In order to define this project the are many thing amanager should keep it in mind and work according to it. In order to manage a successfulbusiness project there are few goals and objectives which must set by the managers at the toplevel who make the strategy (Rosenau and Githens, 2011). As a manger the goals of theorganisation should be set in a well defined way. There should be employee motivation in anorganisation when we talk about the goals of the company. If the company really wants tosucceed in his business and achieve his objective in a given period of time.It is very much important to achieve the goal and the objectives of the business bymotivating the employees working in it (Managing a Successful Business Project. 2017). It notonly needs the development of the employees working under the company but also to thecustomers and the public. The other one method to achieve the objectives is that customerssatisfaction. If the customers are satisfied by the company and its services it will definitely try to
achieve its objectives. It does not depend that how the company tries to sell out his product but itdepends on whether the company is able to satisfy the customers or not (Gasik, 2011). If thecustomers are satisfied with the company's product then it will definitely achieve its set outtarget. In order to satisfy the customers in the market the company should increase the quality ofthe product. The another thing as a manager of the company the main should be to achieve theset out profit margin. The manager should always makes the analysis for this profits from time totime. This thing will greatly help them to make decision in coming days.The main of this project plan in the context of Costa Coffee is to develop an effective coffeerecycling approach as the part of CSR activities. It can help to create an ideal image of thecompany in the public.There are following objectives of the current research are given below:To identify CSR issue at Costa CoffeeTo implement CSR project in an appropriate manner.To determine relationship between business performance and CSR activities.P2: Produce a project management plan incorporating: costs, scope, time, quality,communication, riskand resources.Project management plans include many factors they are as given below costs, scope,time, quality, communication, risk and resources. My project management is the collection ofthis whole factor which are responsible for this (Kerzner, 2011). Each one of this factors areexplained as given below.1)Costs: This cost management includes the part of the resources and the budgeting. Inthis thing the managers at the top level should decide the cost of the product. In deciding thiscost the managers should see all the factors while deciding it.2) Quality: One of the most important thing which a company should see is that thequality of the product. If the quality of the product is being maintained, then it will definitelyachieve the objectives. The three things which has to be seen in this is that the planning thequality, assuring the quality, and controlling the quality.3)Communication: In order to achieve the objectives of the business the company shouldalso manage the communication channel. The firm should apply the latest mode of channel of
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