Managing a Successful Business Project

Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................3
LO1..................................................................................................................................................3
Project aims and objectives for a chosen scenario.................................................................3
Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources........................................................................................4
Produce a work breakdown structure and a Gantt chart to provide time frames and stages for
completion..............................................................................................................................6
LO2..................................................................................................................................................8
Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives..............................................................8
LO3................................................................................................................................................12
Present findings and data using appropriate tools and techniques.......................................12
Communicate appropriate recommendations as a result of research and data analysis to draw
valid and meaningful conclusions........................................................................................21
LO4................................................................................................................................................21
Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance...................................................................................................................21
CONCLUSION ............................................................................................................................22
REFERENCES..............................................................................................................................23

INTRODUCTION
Within all company, it is compulsory for management to maintain and create diversity as
well as equality as by this they can able to develop and maintain effective work atmosphere.
Both diversity as well as equality are utilised for fair opportunities that is considered as
obligation for protecting against discrimination in respect of age, gender, belief and others.
Moreover, this assist firm to inspire its staff towards task for longer time (Basu, 2017). By this
firm can obtain several benefits like relationship will improved with stakeholders, staff feel
encouraged and others. The company chosen for this report is H&M, which is a Swedish
multinational clothing retailers famous for their fast fashion clothing for men, women, children
etc. Its headquarters is in Stockholm, Sweden. This report covers aims, objectives, project
management plan, Gantt Chart and work breakdown structure. Moreover, data analysis,
reflection and limitation are also discussed in this report based as per the research theme.
LO1
Project aims and objectives for a chosen scenario.
As per the scenario, the project aim and objectives are discussed below:
Project Background
H&M is known as Hennes & Mauritz AB, it is the well known multinational fashion
clothing organisation for men, children, women and others. They operates in above 60 countries
as well as having around 4500 stores. Also, this is the parent company of Zara. The respective
organisation is focused towards implementing the diversity and equality at work place in
effective and efficient manner. For this, they analyse the effective of having equality and
diversity at work area. For instance, they formulate effective aim and objectives in order to
achieve better results.
Project Aim:
To analyse effectiveness of implementing equality and diversity at workplace that helps
in attaining competitive advantages. A study on H&M.

Project Objective
 To analyse the concept of equality and diversity at workplace.
 To determine the effectiveness of implementing Equality and Diversity in the business
practices.
 To ascertain how an organization can gain competitive advantages by implementing
Equality and Diversity.
Project Questions:
 What are the concept of equality and diversity at workplace?
 How to determine the effectiveness of implementing Equality and Diversity in the
business practices?
 To ascertain how an organization can gain competitive advantages by implementing
Equality and Diversity.
Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources
Project management plan is defined as a formal document which is utilised for describing
each steps of project. The main purpose of this is to anticipate as many problems as possible and
plan, organise as well as control activities in order to accomplish the project is successful manner
(Center, 2013). Moreover, it is the approved documents that describe about how project is
executed, observed as well as controlled. The project plan is develop y the project manager with
the aids of their potential team and hey stakeholders. Basically, this is an approved by project
manger, functional manager who provides resources for specific project. It comprises of various
elements that has impacted the plan of project such as resources, communication, risk and others.
All of them are discussed below:
 Cost: This is defined as the funds that is needed through investigator for performing
research effectively and efficiently. Moreover, this is crucial component for executing the
plan of project through which whole activities and work are done by manager. This plays
effectual role for the functioning of project plan the budget is formulated to investigation
and performing the various activities. So, the for conducting is research the researcher
will need about 15 K Euro.
 Scope: The scope for performing this investigation is to analyse the effectiveness of
implementing equality and diversity at workplace that helps in attaining competitive

advantages. Also, the scope of adopting techniques like secondary and primary is through
this researcher can capable to accumulate relevant as well as authenticate data which
leads towards getting appropriate research outcomes. Through this researcher can able to
operate their business in profitable manner for accomplishing the objectives and gain
competitive advantage.
 Time: This is defined as the period that is needed through project manager for
performing this investigation efficaciously in order accomplish profitable results. In
respect of researcher, they need around 6 to 7 months for doing this research
appropriately and effectively. Moreover, this is helpful for accomplishing the outcomes
on stipulated time which is set for the assigned task.
 Quality: This refers as the quality of services, procedures, products and so on quality that
are performed through organisation for performing the activity in efficacious manner for
achieving profitable results. In respect of this particular research, to maintain the research
quality researcher will adapt various factors like increase awareness, use appropriate
sources, resources, give training to its team members and m any others. Moreover, the
researcher utilises primary as well as secondary information for gathering the data for
providing information ion statistical form. In addition to this, in this research researcher
collect data from relevant sources for attaining outcomes by maintaining the quality of
work.
 Communication: This is considered as the process that is adapted through organisation
or individuals for communicating any messages or topics related to research or any
others. With the help of communication, information can be gathered in appropriate and
proper manner. This aids them to inspire its team for delivering the process of
investigation. So, for performing appropriate communication the investigator will adapt
various methods and techniques like organise meeting, utilise social media and many
more. Through all these techniques, researcher can able to convey any information or
message to its members in simple manner for attaining task efficaciously.
 Risk: This is defined as the hurdles that are involves while performing any task (Cleden,
2017). While doing this project work, various risk are incurred, which has to be examined
early for doing the work in effective and efficient manner. Here, in context of this
particular research the risk that occurred are inexperienced members in team, improper

response of candidates, lack of time and others. In order to perform the research, the
researcher has to formulate effective strategies and accomplish work on stipulated time
period.
 Resources: This is defined as the factors that are needed through organisation or person
for performing any task effectually and efficaciously. Moreover, there are various types
of resources that are needed by researcher like capital, effective journals, human resource
and other for collection of data efficaciously for accomplishing goals. In context of
research, the resources that are utilised through project manager are time, finance,
proficient team and many more. By having appropriate resources, the project can able
perform in effective and effectual manner.
Produce a work breakdown structure and a Gantt chart to provide time frames and stages for
completion.
For facilitating the time frames as well as stages for accomplishment of project, the Gantt
Chart and work breakdown structure is discussed below:
Gantt Chart
This is considered as the well known ways that is utilised through company for showing
its activities like events as well as task is displayed against the time period. Moreover, it is
commonly utilised into project management in order to get knowledge about activities that are to
be done (Cusworth and Franks, 2013). Also, this is defined as the type of bar chart that shows
relations between schedule of recent activities as well as status. This is presented by horizontal as
well as vertical axis which shows activities and time period of project task.