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Managing a Successful Business Project

   

Added on  2023-01-18

22 Pages4611 Words62 Views
Managing a Successful
Business Project

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Elaborate project aim and objectives.....................................................................................3
P2 Build a project management plan..........................................................................................4
P3 Produce WBS and Gantt chart for gaining time frame. ........................................................5
TASK 2............................................................................................................................................7
P4 Carry out research by applying research methodologies for meeting objectives..................7
TASK 3 .........................................................................................................................................10
P5 Analyse research by using tools and techniques. ................................................................10
P6 Recommendations as a result of research or for gaining meaningful conclusion. ..............14
TASK 4 .........................................................................................................................................14
P7 Reflection to meet objectives and for own learning. ..........................................................14
CONCLUSION .............................................................................................................................15
REFERENCES .............................................................................................................................16

INTRODUCTION
Equality and diversity at the workplace is very much important for an organisation as
well as individual in order to gain potential outcomes for growth and development. In an
organisation it is very much essential to take corrective actions for maintaining equality and greet
diversity within work place. Respective report is based on Next Plc which is an British
Multinational Clothing, footwear and home products retailer headquartered in Leicestershire.
Respective report is based on project management plan by examine various factors such as cost,
time, scope and using WBS and Gantt chart to set timelines. Further it includes the various kinds
of methods for collecting data and statistics for gaining potential outcomes. At last it includes
the recommendation in order to gain improved results so that findings should be collected.
TASK 1
P1 Elaborate project aim and objectives.
Project management:
Project management is practice of initiating, planning, executing, controlling and closing
the work and duties in order to achieve specified goals and objectives (Allaoui, Bourgault and
Pellerin, 2019). It is very much important for business in order to ensure about delivered values
to the individual as well as organisation and right to gain business opportunities. Clients has
strategic goals that should be accompanied by using series of project management.
Aim:
To investigate the way organisation implements equality and diversity at work place.
Objectives:
To evaluate concept of equality and diversity.
To analyse the way of implementation of equality and diversity at work place.
To examine issues which arise in absence respective practices.
Questions:
What is equality and diversity?
What are the ways to implement equality and diversity at workplace?
What kind of issues an organisation face in absence of respective practices?

P2 Build a project management plan.
Project management plan is a detailed written description that elaborate about every
phrase of project (Bagherzadeh, Markovic and Bogers, 2019). The major components includes
initiating, planning, executing, monitoring and controlling the various works and activities. In
context of Next Plc that build a positive work culture by applying equality and diversity at work
place in order to improve motivation level of their employees. Here are the project management
plan:
Cost Respective factor is very much important for an organisation to
perform activities in specified budget (Bass and Haxby, 2019.). For a
researcher it is crucial to plan the activities and required amount to
gain desirable outcomes. The required cost to perform all necessary
research is 500 £ and 600 £ for successfully completion of whole
project.
Scope The major scope of respective project helps to provide effective kind
of ways by which an organisation can operate their business activities.
Respective research provide detailed description about diversity and
equality at work place so that desirable outcomes should be achieved.
Time Time refers to the completion of a project in a specified time frame
needed to be investigate in proper manner. It is very much crucial for
a researcher to outline required time for each and every activity for
gaining desirable outcomes. Respective research almost takes a year.
Quality Quality is one of most important aspect to maintained with in the
organisation, in context of Next Plc they conduct R&D in order to
gain quality results within organisation as while people not treated
equally it hinders on their results.
Change Change is very much important aspect for the organisation, respective
project rely on the importance of equality and diversity at the work
place in order to maintain motivation level within the workplace. For
that organisation have to plan for communicate with subordinates in
proper manner.

Risk While starts a new project there are various kind of issues or factors
that hinders their self interest in context of respective research the
accumulation of wrong data and statistics create chaos within
organisation.
Resources To project business activities it is very much essential to accumulate
necessary kind of resources or materials in order to gain potential
outcomes. In respective project the major resource are funds, time
period, cost and management in order to enlarge business
opportunities in positive manner.
P3 Produce WBS and Gantt chart for gaining time frame.
For an organisation it is very much essential to set the time frame in order to accomplish
the organisational goals and objectives in positive manner (Bos-de Vos, Volker and Wamelink,
2019). In context of Next Plc by using the WBS and Gantt chart they specified time period for
each and every event that are as follows:
Gantt chart:
Gantt chart is a graphical depiction of the project schedule and type of bar charts which
shows the start and finish dates by using several elements of a project which includes resources,
milestones, tasks and dependencies in order to gain potential outcomes (Gurău, Volovelsky and
Dana, 2019.). Respective tool proved useful to plan and coordinate each and every event in a
specified time frame.

Work breakdown structure:
WBS is one of the most important tool for an organisation that enables to break down
small projects into small parts so that each and every activity should be managed in proper
manner (Janjić and Rađenović, 2019.). Respective tool proved beneficial for organisation to
manage the complicated projects to simplify their works and activities. In context of respective

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