logo

Managing a Successful Business Project: British Telec

   

Added on  2021-02-19

21 Pages4039 Words372 Views
Managing aSuccessful BusinessProject

INTRODUCTIONGlobalisation is a process which help in integration and interaction of business activitiesat worldwide level (Alotaibi, 2016). As globalisation is growing because of advancement withintransportation and communication technology. It include trade business within cross borderregion as well as through this process economy is becoming more connected and interdependent.Chosen company for this report is British Telecom company. It is an multinational company intelecommunication industry business entity. Headquarters are located in London, UnitedKingdom and this company is biggest telecom service provider. Respective research will goingto identify evaluate objectives and aims of successful business plan. It will also assist atexamining impact of positive economic, cultural, ethical globalisation the on several division ofBritish Telecoms.TASK 1P1 Project Aim and objectives Globalisation is the procedure through which company can operate at global level. Inthis, company can trade products and services outside geographical boundaries market withoutany type of policies and regulation (Larsson, Eriksson and Pesämaa, 2018). In this report chosencompany is British telecom which is largest telecom organisation and operating in UK. Alongwith this, there are several impact of positive cultural, economic and ethical globalisation onfunction of company. All these result in enhancing productivity and customer of company. Inthis report, aims and objectives will be analysed by researcher with the motive of identifyingaffect of globalisation on British Telecom. Aim of research: “To examine the positive economic, cultural, ethical impact ofglobalisation on different department of British Telecoms.” A case study on British Telecoms Objective of research: To determine the concept of globalisationTo analyse implication of globalisation on various divisions of British Telecoms To ascertain relationship within business growth and globalisationQuestions of Research: What is the concept of globalisation?How to analyse the implication of globalisation on various division of British Telecoms?

How to ascertain relationship within business growth and globalisation?P2 Project management plan which cover aspects of cost, scope, time, quality, risk,communication and resourcesThis can be refer as plan is a document which utilise for explaining each and every phaseof project (Knickel and et.al., 2016). This may involve several components such as initiating,planning, executing, monitoring, controlling as well as closing. Motive of designing plan forproject management is to determine outcome of the project, and how successful result can begained, who have to be involved in project and how project will be measured as well ascommunicate. Most important is that before framing project management plan it is important toknow the goals and objectives have to be accomplish. Cost – It is related to the amount which is important for company for their businessoperations. Thus, in relation of research it has been determined by the researcher thatapproximately amount required for conducting research is 18K. In addition to this, it is notpossible to analyse the entire cost of globalisation but business firm will spend minimum £100million for carry out their objectives behind globalisation process (Invernizzi, Locatelli andBrookes, 2017). Time – It is essential aspect of respective planning that help in identifying that, there areseveral activities and how much time is required for finishing them. For conducting this researchthere is requirement of 2 months approximately so that outcomes will be gained. Moreover, theirwill be requirement of minimum 1 year within the procedure of globalisation. Scope - It is also important element of needed for planning of projectwhich will awakean business firm about their upcoming carrying on. In relation of the respective research, selectedcompany i.e., British Telecom can easily operate their organisational operations in efficaciousway because after conducting research several factors related to the same will be identified. Thisfactor of project management plan will assist company in accomplishing their predeterminedgoals and objectives. Scope of Respective research project is limited while at first spread outbusiness within European area. Communication – It is the most important aspect and for successful organisation it isimportant to have always two way communication (Yashkova And et.al., 2016). Thus, it isessential for organisation to involve their staff members within communication related to thedecision making process. Because it will assist in motivating them and enhancing productivity of

company. In addition to this, it is essential for an investigator toconvey with their entire teammembers for making it effective as well as efficient. Best communication tool will be E-mails aswell as audio or video calls which will be use for communicating with staff members who areinvolved within the globalisation procedure of British telecom. Risk – This factor may prevent entire performance of company thus, it is important forBritish Telecom to analyse as well as monitor risk in effective manner because it may effectgrowth of company (Kerzner, 2019) (O'Connell, 2016). Leading hazardthat will faced byBritish Telecom at the time of globalisation extra expenses and customer preferences. Ascompany is not aware about the market situation and customer of another nation thus it is bigchallenge to enlarge their business at worldwide level. P3 Work breakdown structure and Gantt Chart for providing timeframes and stages forcompletion

Gantt Chart – It is project management tool introduced by Henry L Gantt in the year1917 who is an American Engineer as well as social scientist. Gantt chart provide illustration ofthrough graph which assist in schedule the plans, coordination as well as for tracking specifictask within project. It is constructed with horizontal axis which represent total duration of overallwork which is breakdown within increments for instance days, months ans weeks (Bierwolf andFrijns, 2017). Whereas, vertical axis shows the tasks which are related to the overall project. Inaddition to this, horizontal bars of varying length shows sequences, timing as well as time spanfor every activity. On the other hand, vertical axis of graph the time required to be send onparticular research. Basically Gantt chart utilise for project management and help organisation incompleting their task within required time duration.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
(PDF) Managing Successful Business Project in UK
|26
|4637
|455

Unit 6. Managing A Successful Business Project : Assignment
|21
|5475
|102

Managing A Successful Business Project Assignment
|23
|5031
|52

Skeleton for Unit 6 MSBP
|34
|5290
|155

Managing A Successful Business Project - British Telecoms
|29
|5051
|191

Positive Economic, Cultural and Ethical Impacts of Globalisation on Marketing
|26
|5044
|319