(Doc): Managing A Successful Business Project Assignment

Managing A Successful
Business Project

Table of Contents
PART A ..........................................................................................................................................3
Introduction.................................................................................................................................3
Background of the research.........................................................................................................3
Project aim..................................................................................................................................4
Objectives of the project:............................................................................................................4
PART B ...........................................................................................................................................4
Research Plan:.............................................................................................................................4
Work breakdown structure:.........................................................................................................7
PART C..........................................................................................................................................11
Questionnaire............................................................................................................................11
Analysis & Interpretation:.........................................................................................................12
Recommendation on findings:..................................................................................................19
Conclusion to the research:.......................................................................................................19
REFERENCES..............................................................................................................................21

PART A
Introduction
Managing the successful business project is crucial and important aspects of every entity.
In the business scenario, positive and negative of globalisation has caused malfunctioning in the
regulation of business function and activities. Globalisation refers to an integration of the market
in the global economy, which leads to increase interconnection of national economies. In context
with United Kingdom, globalisation has put positive impact on different aspects of the business.
Economic: In UK, globalisation has strengthen the economic & trade policies by putting their
efforts and priority to the strategies and plans to enhance the global market scenario into the
business. Cultural: Globalisation has raised the living standard and culture of the people in
society by using the more advanced products & services which is made up of innovation,
creative and artificial intelligence. Ethical: An advance scenario of globalisation, ethics and code
of conduct has been taken to conduct business more practically and ethically. Apart from this,
globalisation has raised the venture expectancy and business growth in the United Kingdom.
Background of the research
For conducting this research properly, Barclays bank has been chosen to understand the
positive impact of globalisation of their business function such as operations, marketing, finance
etc. Barclays plc is the British multinational investment formation bank and financial institution
which is headquartered in London, United Kingdom. With investment formation, this leading
organisation has been engaged in their four core businesses namely personal & corporate
banking, wealth management and investment generation. This financial entity is successful, as a
result of their services, customer experience, consistent growth and market acquisition from the
recent time. In context with Barclays, positive impact of globalisation has put effective forces on
their different business functions such as:
Operation: Globalisation has raised an ability to operate in the worldwide market with
business growth in the recent times. In context with Barclays Bank, integration of different
entities has risen up the business and functioning level of the Barclays Bank and its subsidiaries.
Marketing: In context with Barclays, globalisation has led to effective marketing plan
and policies which has been resulted in attainment of the company goals & targets. As a result,

entity have market reach into the worldwide market and locations with large and huge base of the
customer for their products and services.
Human resource: For Barclays Bank, globalisation has been resulted in effective & best
possible manpower & workforce in the business scenario by innovating their hiring and staffing
process along with skills and talent development into the organisation.
Finance: Finance is important function of every organisation. For Barclays Bank, entities
wealth management and profitability has been increased over the longer period of time. Apart
from this, Barclays financial growth and stability has been increased by proper tax and revenue
regulation into the industry.
Project aim
The main aim of this project is “To analyse the positive cultural, economic and ethical
impact of globalisation on different function of the Barclays Bank”. Case study on Barclays
Bank.
Objectives of the project:
For conducting this business project, there are different objectives which has been set in
accordance with research aim. It is disclosed that such objectives are prepared by using proper
information of the research topic. The above research aim is as under:
 To understand the concept of globalisation.
 To analyse the positive, economical and ethical impact of globalisation on the different
function of the Barclays Bank namely marketing, finance, operations and human resource
 To identify the interrelationship of globalisation with different function at a global level.
Brief declaration: It is declared that objectives and aim of this business project has been
set with proper knowledge and information about the globalisation along with understanding the
project topic clearly and properly.
PART B
Research Plan:
Project Title To examine the cultural, ethical and economical impact of
globalisation on the different function of Barclays Bank.

Project Plan
Company Name: Barclays Bank
Cost Cost is the crucial and significant aspect of every business projects.
It reveals about the requirement of funds or finance for conducting
the project ethically and effectively. For ascertaining the need of
complete cost, project manager needs to prepare budget and do
costing activities to allocate the cost and ascertained money to each
and every variables of this projects. The project manager of the
consulting firm has estimated 500 Pounds of the complete cost
estimate which will cover entire conduction of this business project
on Barclays Bank. Along with this, project manager ha also
ascertained the extra estimation of the required funds, in case lack of
required funds. For the globalisation purpose, Barclays bank needs
to acquire the initial investment of 5000 pound sterling.
Scope The scope of this business projects is broad and wide. It will be take
place with three given objective which has been initiated with entire
knowledge and information of the globalisation and its overall
impact onto the business scenario. Proper plan, scope, policies and
action will be required with proper cost estimation to achieve the
overall target of the business projects. This business projects will
entirely focus on analysing the impact of cultural, economical and
ethical consideration of globalisation on different business function
of the Barclays Bank. The globalisation will provide the aid of
raising the business of Barclays Bank for the future business
expansion and strategic decision.
Time Every business project needs to be conduct after an estimation of

proper time and duration. It tells how long the project will be go for
with complete estimation of the cost for that duration. Project
manager of this task are required to ascertain the exact duration and
time for completing this business project say day, week, month,
quarter or yearly. Along with this, project manager can prepare chart
, time-table and notes which mentions the time required for each and
every task of this business projects. For this, project manager has
estimated the period of 3 weeks for completing the entire work. For
this, time-table and charts has been formulated to take care that work
should be completed on time or before time. The time duration of
globalisation is approx. 6 months with the strategic planning.
Quality In this, project manager needs to do pre-evaluation of quality to be
attained in the complete projects. Quality and perfection in the
project should be maintained to get appropriate results out of the
defined research topic. For taking care of the quality, proper training
and knowledge is required to be given to manpower and workforce
who will do survey, analysis and report making to achieve pre-
defined goals from this business project. Lastly, quality has to be
take care during the entire project.
Communication In this business work, project manager is required to communicate
the roles and responsibilities of each and every member of team
initiated for this project. Also, the project manager is required to
initiate and form the team or group of skilled, talented and well-
informed person who are even aware about knowledge of research
and topic to be covered in this business projects. Effective
communication skills has to be their in each and every person to
attain the defined objectives of this business projects. In
communication perspective, Barclays will put funds and money in
raising their business needs and wants.

Risk The proper assessment of risk and threat is required to be conduct
for knowing the possibilities in order to avoid it in pre-stage of this
business project. Risk such as non-completion of the project on
time , lack of finance and non-availability of the manpower etc.
Project manager is required to ascertain such risks or issue before
the starting of the project work. Risk assessment will prove
effective, if project manager will ascertain the resources needed in
an effective and proper manner. The risk factors such as destruction
in the brand image, loss of profitability and
Resources Project manager is required to accumulate various resources such as
time, cost, manpower, support, skills along with required knowledge
about the globalisation along with its impacts on the business
function of the company. For this project, cost and manpower is
important required to collect data/information from the respondents
along with complete conclusion from this projects. Research tools
are also one of the major resource for conducting this business
project. There are several needed such as effective, skilled
manpower, funds, time, supporting variables along with technology.
Type of Research
Primary and Secondary
In this project, descriptive research will be used, because it is pro-
longed and highly impacted topic.
In this project, both primary and secondary data and collection
methods will be used. Along with this, Major priority will be given
to primary data collection.
Work breakdown structure:
It is the kind of structure through which entire project has to be divided into small units
and also set their priorities accordingly to requirement in this business projects. It basically refers

to division of an activities into micro units to complete the project within the given allotted time.
It is crucial part of project that will make easy for the project manager to divide the work to the
recognised team after a assessment of their skills and potential. The main objective of work
breakdown structure is to make staff member to understand their roles and responsibilities by
making them realize an activities in accordance with small units. There are three functional area's
of this work down structure are as follows:
Planning: This stage contain the selection and finalization of project's topic and all
relevant information before the commencement of the project. For this, business project will put
emphasizes on allocation of resources along with time allotted for this stage.
Implementation: All kind of planning has to be done in this stage for an effective usage
of planing and resources. Proper methodologies would take research into the final stage.
Project closer: This is the final stage in which project has to be in closer state. Proper
analysis and recommendation is required to be generated to fulfil the actual need and objective of
this business projects.
Gantt chart: It is a sort of the graphical representation of timetable that is useful in plan,
facilitate and furthermore track the specific activities in project. It is outline under which the

arrangement identified with horizontal lines that indicated measure of the completed work within
time period which is allotted at the beginning of project.

Research methodologies and data collection:
It is defined as the systematic phase/stage of analysing methods which are required by the
researcher to carry out an effective research. It also includes theoretical analysis of methods
along with information collected with fully-fledged information and knowledge. In this business
project, descriptive research will be used to get the expected result in a given time. There are two
types of research methods that can be used by researcher to arrive at valid conclusion and results
at the closer of this business project. The classification of different is as follow:
Quantitative: Under this research methods, the researcher generally use this to collect
required information and knowledge into the numeric terms. Such data/information can be gain
by conducting survey, interview and observation. For this, set of questionnaire is required to gain
people response. The main advantage of this method is that it provides response to huge
information.
Qualitative: Under this method, researcher mainly focus on collection of data through
books, magazine, journals, internet etc. Such information is subjective and belongs to real and
effective quality. The main issue is that only limited data/information is available with the person
who will do complete analysis and interpretation.
Data collection: Collection are of two types: primary and secondary.
Primary data: Primary data is the kind of information which is generated through survey,
interview and observation by preparing the set of questionnaire. It is helpful in complete analysis
of huge information for valid conclusion and results.
Secondary data: In this business project, more emphasizes will be given to data
collection through newspaper, magazines, journals, books etc.
Questionnaire: It is a tool which is used for collecting the large and bulk data from the people.
It is useful in getting accurate and most relevant data for the analysis and finding an appropriate
results and conclusion. In this business project, questionnaire will be taken into consideration for
collecting the suitable and required for analysis purpose.
Total number of questions: 9

Sample size: In this project, sample size of 50 respondents will be taken to gain their choice and
preference over this business topic. Only, primary data collection is suitable here to target this
sample size of 50 respondents.
PART C
Questionnaire
Questionnaire
1) Are you aware about the concept of “Globalisation”
a. Yes
b. No
2) What are major benefits of globalisation for the Barclays Bank?
a. Business expansion
b. Optimum utilisation of resources
c. Effective relationship
3) Name the several problem which could be faced by bank because of the globalisation?
a. Different exposure
b. Higher operational cost
c. Critical tax policies
4) Name the department which is most affected by the globalisation?
a. Marketing
b. Finance
c. Operation
5) How marketing has been effective in the era of globalisation to achieve and expanding the
bank operation?
a. Awareness about the services.
b. Beneficial to the society
c. Environmental preservation
6) Name the factors which could help the Barclays to gain competitive advantage in other
nation?
a. Technological factors
b. Capital formation

c. Unique idea for employee
7) Impact of globalisation on an economic growth of the country?
a. Foreign deposit in the bank
b. Employment generation
8) Name the resources the bank needs before entering into the foreign market?
a. Economical resources
b. Technology advancement
c. Image of company
9) Negative factors led from the globalisation which can effect the Barclays performance?
a. Tough taxation policies
b. Inexperienced workforce
c. Emission
Analysis & Interpretation:
In this project topic, both analysis & interpretation will be conduct on the theme basis.
Along with this, Proper and featured diagram will be used and tabulation which will show the
collected numeric presentation of data collected for total 50 respondents. The detailed analysis
are as follows:
Theme 1
1) Are you aware about the concept of “Globalisation” Frequency
a. Yes 35
b. No 15

a. Yes
b. No
Interpretation: The above graph shows that out of the total 50 respondents, 35 says that they are
aware about the concept of “Globalisation” and rest 15 respondents are not sure about over this.
Theme 2
2) What are major benefits of globalisation for the Barclays Bank? Frequency
a. Business expansion 25
b. Optimum utilisation of resources 15
c. Effective relationship 10

Interpretation: From the above graph, it reveals that 25 respondents says that
globalisation will lead to business expansion, 15 says about the optimum utilization of resources
and rest 10 says that globalisation would lead to an effective relationship.
Theme 3
3) Name the several problem which could be faced by bank
because of the globalisation?
Frequency
a. Different exposure 20
b. Higher operational cost 20
c. Critical tax policies 10
a. Business expansion
b. Optimum utilisation of resources
c. Effective relationship
0
5
10
15
20
25
30
25
15
10 Column B

Interpretation: From the above diagram, it shows that 20 respondents says different
exposure be major problem for Barclays Bank due to globalisation, 20 says that higher
operational cost and rest 10 respondents says about the critical tax policies.
Theme 4
4) Name the department which is most affected by the globalisation? Frequency
a. Marketing 20
b. Finance 15
c. Operation 15
a. Different exposure
b. Higher operational cost
c. Critical tax policies
0
5
10
15
20
25
20 20
10 Column H

Interpretation: From the above diagram, it shows that 20 respondents says marketing is
mostly affected by globalisation, 15 respondents says about finance and rest 15 respondents says
about the operational function.
Theme 5
5) How marketing has been effective in the era of globalisation to
achieve and expanding the bank operation?
Frequency
a. Awareness about the services. 25
b. Beneficial to the society 15
c. Environmental preservation 10
a. Marketing b. Finance c. Operation
0
5
10
15
20
25
Column H
a. Awareness about the services.
b. Beneficial to the society
c. Environmental preservation
0
5
10
15
20
25
30
25
15
10

Interpretation: From the above diagram, it reveals that 25 respondents says that
marketing creates the awareness about products & services, 15 respondents says that marketing
of the globalisation is important and beneficial for the society and rest 10 respondents says about
the environmental preservation.
Theme 6
6) Name the factors which could help the Barclays to gain competitive
advantage in other nation?
Frequency
a. Technological factors 14
b. Capital formation 21
c. Unique idea for employee 15
Interpretation: From the above pie-graph chart, it reveals that 14 respondents says that
technological factors would help Barclays Bank would help to gain competitive advantage to the
other countries, 21 respondents says that capital formation is the major factors and rest 15
respondents says that unique idea for an employees.
Theme 7
7) Positive impact of globalisation on an economic growth of the Frequency
14
21
15
a. Technological
factors
b. Capital formation
c. Unique idea for
employee

country?
a. Foreign deposit in the bank 20
b. Employment generation 30
Interpretation: From the above chart, it reveals that 20 respondents says about foreign
deposit in the banks as the positive impacts of the globalisation on an economic growth and rest
30 respondents says about the employment generation as the positive impact of the globalisation.
Theme 8
8) Name the resources the bank needs before entering into the
foreign market?
Frequency
a. Economical resources 20
b. Technology advancement 15
c. Image of company 15
a. Foreign deposit in the bank
b. Employment generation
0
5
10
15
20
25
30
35
20
30

Interpretation: From the given pie-chart, it reveals that 20 respondents says that
economic inputs are one of the important resources which will help Barclays Bank to enter into
the foreign market , another 15 respondents says about the technology advancement and rest 15
respondents says about the image of the company.
Theme 9
9) Negative factors led from the globalisation which can effect the
Barclays performance?
Frequency
a. Tough taxation policies 26
b. Inexperienced workforce 14
c. Emission 10
20
15
15

Interpretation: From the graph, it reveals that 26 respondents says about tough taxation
policies is the main negative impact of the globalisation which can effects the Barclays business,
another 14 respondents says about the inexperienced workforce and rest 10 respondents says
about the Emission as the possible negative impact of the globalisation.
Recommendation on findings:
 Barclays Bank should setup the effective and proper infrastructure, which would help to
expand maximum market share along with sustainability and growth.
 This bank should invest money in their operational functions along with their business
activities to gain competitive advantage and market share & economic growth.
 Also, the company should invest its potential into upgrading their business through
technology advancement and skilled manpower.
 Maintaining the liquidity and economic condition is important and necessary to regulate
business and operation abilities.
a. Tough taxation policies
b. Inexperienced workforce
c. Emission
0
5
10
15
20
25
30
26
14
10

Reflection: From this business project, I just want to say that my communication skills need to
be improved while interacting with people for data collection and information gathering for
valid conclusion. Apart from this, I have learnt so may things such as use of analytical tool
for analysis, customer behaviour while conducting survey and proper management of the
business projects. I need to look over knowledge and information for getting results and
targets easily and properly.
Conclusion to the research:
From the above project report, it is concluded that globalisation plays both positive and
negative role to the company. It is responsible for job creation, market share enhancement along
with negative impacts like complex taxation policies and high price regulation. Apart from this,
primary research has played an important role in making the data collection simple and mostly
suitable for analysis, conclusion and recommendation generation for the particular business tasks
Also, data collection in context with research has provided the suitability and reliability of
existing data and information for reaching at the common conclusion and results. Lastly, it is
concluded that research in the form of project has grown the information reliability and
feasibility in a most suitable manner.

REFERENCES
Books & journals
Nicholas, J. M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Jeston, J., 2014. Business process management. Routledge.
Hillson, D., 2017. Managing risk in projects. Routledge.
Muller, R., 2017. Project governance. Routledge.
Boyle, G., 2017. Design project management. Routledge.
Binder, J., 2016. Global project management: communication, collaboration and management
across borders. Routledge.
Forsgren, M. and Johanson, J., 2014. Managing networks in international business. Routledge.
Cleden, D., 2017. Managing project uncertainty. Routledge.
Kendrick, T., 2015. Identifying and managing project risk: essential tools for failure-proofing
your project. Amacom.
Hillson, D. and Murray-Webster, R., 2017. Understanding and managing risk attitude.
Routledge.
Peppers, D. and Rogers, M., 2016. Managing customer experience and relationships: A strategic
framework. John Wiley & Sons.
Boutros, T. and Purdie, T., 2014. The process improvement handbook: a blueprint for managing
change and increasing organizational performance. McGraw-Hill Education.
Online
The Impact of Globalization, 2018. [Online]. Available through:
<https://study.com/academy/lesson/the-impact-of-globalization-on-developing-transitional-
developed-countries.html>

Project Logbook
Name:
Project title:The main aim of this project is “To analyse the positive cultural, economic and
ethical impact of globalisation on different function of the Barclays Bank”. Case study on
Barclays Bank.
Date:
Update on weekly research/tasks achieved
Points to consider:
What have you completed?
I have completed the business projects on the topic “To analyse the positive cultural, economic
and ethical impact of globalisation on different function of the Barclays Bank”. Case
study on Barclays Bank.
Did you fulfil task requirements?
Yes, I have fulfilled all the task requirements.
Are you on track and within deadlines set?
Yes, I am right track to the project and completed this business project on time.
Did you need to make any changes to your project management plan?
No, I don't need to make any further changes in the project management plan.
Any risks and/or issues identified?
No, as such risk or issues identified during the completion of the projects.
Points to consider:
Did you identify risks/issues with a lack of skills required for undertaking research/tasks?
I have find the minor issue of time management while doing the survey and further projects.
Did you identify any additional risks/issues that have an impact on the project management plan?
No, as such.

Problems encountered
Points to consider:
What barriers did
you face?
Lack of time and
fund for
conducting the
survey.
How did you
overcome them?
New ideas and change of project direction
Use of analytical tools and technique is the new and creative idea.
What have I learnt about myself this week?
Points to consider:
How did I feel when I had to deal with tasks/problems? Did I find it useful to complete the tasks?
How well have I performed? What did I contribute? What can I improve on next week?
How might this learning apply in the future?