(Doc): Managing A Successful Business Project Assignment
24 Pages4864 Words250 Views
Added on 2021-01-03
(Doc): Managing A Successful Business Project Assignment
Added on 2021-01-03
ShareRelated Documents
Managing A SuccessfulBusiness Project
Table of ContentsPART A ..........................................................................................................................................3Introduction.................................................................................................................................3Background of the research.........................................................................................................3Project aim..................................................................................................................................4Objectives of the project:............................................................................................................4PART B ...........................................................................................................................................4Research Plan:.............................................................................................................................4Work breakdown structure:.........................................................................................................7PART C..........................................................................................................................................11Questionnaire............................................................................................................................11Analysis & Interpretation:.........................................................................................................12Recommendation on findings:..................................................................................................19Conclusion to the research:.......................................................................................................19REFERENCES..............................................................................................................................21
PART AIntroductionManaging 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 theregulation of business function and activities. Globalisation refers to an integration of the marketin the global economy, which leads to increase interconnection of national economies. In contextwith 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 theirefforts and priority to the strategies and plans to enhance the global market scenario into thebusiness. Cultural: Globalisation has raised the living standard and culture of the people insociety 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 codeof 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 thepositive impact of globalisation of their business function such as operations, marketing, financeetc. Barclays plc is the British multinational investment formation bank and financial institutionwhich is headquartered in London, United Kingdom. With investment formation, this leadingorganisation has been engaged in their four core businesses namely personal & corporatebanking, wealth management and investment generation. This financial entity is successful, as aresult of their services, customer experience, consistent growth and market acquisition from therecent time. In context with Barclays, positive impact of globalisation has put effective forces ontheir different business functions such as: Operation: Globalisation has raised an ability to operate in the worldwide market withbusiness growth in the recent times. In context with Barclays Bank, integration of differententities 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 planand 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 thecustomer for their products and services. Human resource: For Barclays Bank, globalisation has been resulted in effective & bestpossible manpower & workforce in the business scenario by innovating their hiring and staffingprocess along with skills and talent development into the organisation. Finance: Finance is important function of every organisation. For Barclays Bank, entitieswealth management and profitability has been increased over the longer period of time. Apartfrom this, Barclays financial growth and stability has been increased by proper tax and revenueregulation into the industry. Project aimThe main aim of this project is “To analyse the positive cultural, economic and ethicalimpact of globalisation on different function of the Barclays Bank”. Case study on BarclaysBank. Objectives of the project: For conducting this business project, there are different objectives which has been set inaccordance with research aim. It is disclosed that such objectives are prepared by using properinformation 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 differentfunction of the Barclays Bank namely marketing, finance, operations and human resourceTo 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 beenset with proper knowledge and information about the globalisation along with understanding theproject topic clearly and properly. PART BResearch Plan:Project TitleTo examine the cultural, ethical and economical impact ofglobalisation on the different function of Barclays Bank.
Project PlanCompany Name:Barclays Bank CostCost is the crucial and significant aspect of every business projects.It reveals about the requirement of funds or finance for conductingthe project ethically and effectively. For ascertaining the need ofcomplete cost, project manager needs to prepare budget and docosting activities to allocate the cost and ascertained money to eachand every variables of this projects. The project manager of theconsulting firm has estimated 500 Pounds of the complete costestimate which will cover entire conduction of this business projecton Barclays Bank. Along with this, project manager ha alsoascertained the extra estimation of the required funds, in case lack ofrequired funds. For the globalisation purpose, Barclays bank needsto acquire the initial investment of 5000 pound sterling. ScopeThe scope of this business projects is broad and wide. It will be takeplace with three given objective which has been initiated with entireknowledge and information of the globalisation and its overallimpact onto the business scenario. Proper plan, scope, policies andaction will be required with proper cost estimation to achieve theoverall target of the business projects. This business projects willentirely focus on analysing the impact of cultural, economical andethical consideration of globalisation on different business functionof the Barclays Bank. The globalisation will provide the aid ofraising the business of Barclays Bank for the future businessexpansion and strategic decision. TimeEvery business project needs to be conduct after an estimation ofproper time and duration. It tells how long the project will be go forwith complete estimation of the cost for that duration. Project
manager of this task are required to ascertain the exact duration andtime 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 andevery task of this business projects. For this, project manager hasestimated the period of 3 weeks for completing the entire work. Forthis, time-table and charts has been formulated to take care that workshould be completed on time or before time. The time duration ofglobalisation is approx. 6 months with the strategic planning. QualityIn this, project manager needs to do pre-evaluation of quality to beattained in the complete projects. Quality and perfection in theproject should be maintained to get appropriate results out of thedefined research topic. For taking care of the quality, proper trainingand knowledge is required to be given to manpower and workforcewho will do survey, analysis and report making to achieve pre-defined goals from this business project. Lastly, quality has to betake care during the entire project. CommunicationIn this business work, project manager is required to communicatethe roles and responsibilities of each and every member of teaminitiated for this project. Also, the project manager is required toinitiate and form the team or group of skilled, talented and well-informed person who are even aware about knowledge of researchand topic to be covered in this business projects. Effectivecommunication skills has to be their in each and every person toattain the defined objectives of this business projects. Incommunication perspective, Barclays will put funds and money inraising their business needs and wants. RiskThe proper assessment of risk and threat is required to be conductfor knowing the possibilities in order to avoid it in pre-stage of this
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Managing a Successful Business Project Assignment - Barclays Banklg...
|26
|5317
|296
Managing A Successful Business Project | Assignmentlg...
|23
|4732
|258
Conception of Globalisation PDFlg...
|25
|4340
|344
Skeleton for Unit 6 MSBP – Created by RIlg...
|21
|5005
|59
Unit 6. Managing a Successful Business Project Assignmentlg...
|34
|6808
|289
(Solution) Managing A Successful Business Projectlg...
|26
|5783
|320