Managing a Successful Business Project

Managing a successful
business project

Table of Contents
Topic:- How do multinational companies improve the recruitment, selection and training of their
employees to meet International requirements?..............................................................................3
INTRODUCTION...........................................................................................................................3
P1. Devise project aims and objectives for the chosen topic as specified above in the project
brief ............................................................................................................................................3
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and resources............................................................................................4
P3 Produce a work breakdown structure and a Gantt chart to provide time frames and stages
for completion.............................................................................................................................6
TASK 2............................................................................................................................................7
P4. Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives...........................................................................................7
TASK 3..........................................................................................................................................11
P5 Analyse research and data using appropriate tools and techniques.....................................11
P6. Communication appropriate recommendation as a result of findings and data analysis to
draw valid and meaningful conclusions....................................................................................20
P7. Reflect on the value of undertaking the project to meet stated objectives and own learning
and performance........................................................................................................................21
CONCLUSION..............................................................................................................................21
REFERENCES .............................................................................................................................22
Books and Journal ....................................................................................................................22

Topic:- How do multinational companies improve the recruitment, selection
and training of their employees to meet International requirements?
INTRODUCTION
The main aim behind this research is to understand the ability which is required in managing a
successful business project. Managing a successful business project is very critical and detail
process which require sound planning, proper organising, efficient staffing and coordinating.
Successfully following these process will help to increase efficiency and productivity of
organisation (Sońta-Drączkowska and Mrożewski, 2020). Managing a business project requires
an independent research and in-depth analysis related to market our product belongs too and also
understand targeted consumer so that aims and objective targeted can be successfully achieved.
This report will also focus on scope of the project and understand critical path required in
managing a successful business project and do small scale research using different methods for
meeting aims and objectives. For this report the company selected is Nestle S.A. which is a
Swiss multinational food and drink corporation.
P1. Devise project aims and objectives for the chosen topic as specified above in the project brief
Overview of the topic
The topic highlights upon the strategies that can incorporated by the international organisation
Nestle so as to improve and enhance its current operation in relation with the recruitment and
selection as well as the training provided to the employees so as to suit the global service
standards.
Background of the company
Nestle was corporated in 1905 by the amalgamation of Anglo-Swiss Milk company and Farine
Lactee Henri Nestle. Currently Nestle is running all over the world and have wide spread
business organisation (Arslan, 2020). Nestle is known for its different number of business which
may or may not connected to each other. Nestle's current market Capitalisation as on February
2021 is approximately $ 321 billion.
Aim: To identify the ways through which multinational organisation can improve the
recruitment, selection and training of their employees with purpose of meeting international
requirements.

Objectives:
 To understand the concept of recruitment, selection and training.
 To determine and evaluate the impact of recruitment selection and training on employee
retention and satisfaction in Nestle. To identify the methods through which Nestle can enhance its recruitment and selection
process so as to meet the global requirements criterion.
Questions
 Explain the concept of recruitment, selection and training.
 What is the impact of recruitment, selection and training on the employee retention as
well as the satisfaction in nestle ?
 Examine the methods that can be utilised by Nestle so as to improvise and enhance its
recruitment and selection process to meet the global requirements ?
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and resources.
The development of project management plan can be characterised as a proposed
elaboration and determination of the project abstract (Secundo and Capaldo, 2020). The basic
objective behind the preparation of the former is to provide assistance in facilitating the guidance
for the implementation of the operations as well as the monitoring phase. The respective plan is
formulated to provide the necessary and important information regarding the execution of the
operations determined by the organisation. It involves the resources, objectives scope of work,
milestones, goals and risks etc.
Nestle is one of the leading organisations in its respective industry and is catering its
services at a global platform in order to meet the requirement of the customers from all across
the globe (Rahimian, 2020). The various elements that are need to be taken into consideration in
order to formulate the project management plan of the respective business enterprise are as
follows:-
Cost:
Cost can be termed as the amount invested by the business enterprise so as to run the
business activities of the respective business institution (Winch and Cha, 2020). Cost refers to

one of the most essential component or attribute of firm's business planning and execution
processes. Cost assists an organisation in accomplishing the assigned work in the minim time
frame within the most optimum utilisation of the resources. The total budget forecasted in
carrying out the research project is approximately 60 pounds.(Im, Nam, and Cho, 2020) The
budget cost of the entire project plan that will be implemented by Nestle in order alleviate its
recruitment and staffing objective worldwide is mentioned below:-
Total forecasted budget
Particular 2021
Implementing technology cost 150
Promotional expense 50
Advertisement expense 40
Catalogues 30
Training charges 70
Total cost
Time:
The time frame can be determined as the time perimeter set for the completion of each
task that need to be achieved in order to facilitate the research. The different timelines need to be
set for different tasks and research assignments in order to carry out the research in an
appropriate manner and stable manner. In order to facilitate the proposed research study, the
researcher will require 8 weeks. The commencement of the research will be from 1st Feb and
will be finished in the first week of March. The respective time duration has been selected as the
researcher will be able to systematically complete the research work in the concerned time limit.
Quality:
The quality of the information and data gathered by the researcher needs to be relevant
and authentic in order enhance the overall accuracy of the research project conducted by the
researcher. Reliable information needs to be collected from various sources of data collection in
order to alleviate the credibility of the project report. The primary as well as the secondary
source of gathering information can be capitalised by the researcher in order acquire accurate
data in relation with the variables and attributes of the respective research report.

Communication:
The selections of optimum communication channel are very essential in order to
encourage the relevancy of the proposed research work. A reliable and trusted communication
channel allows the researcher to acquire more relevant and credible information and the research
project effectiveness is likely to enhance due to the same (Marshall, and Ceylan, 2020). There
are several channel of communication in available with the researcher in the research
environment such as online networking, emails, telephonic communication, video conferencing,
in person chat and interactions etc.
Scope:
The scope can be characterised as the extent to which the research can be further
executed in order to identify the various other branches associated with the same. The scope of
the proposed research has a very wide scope as the topic of the research is universal. The
respective research is trying to identify the ways in which the recruitment, selection and training
procedures of Nestle can meet the global requirement. Hence, the research is carried out for the
global audience and is not restricted to any particular country as such.
Risk:
Risk can be termed as the uncertainties and unwanted concerns that may arise in between
the research that can hinder the quality as well as the operations of the research in an adverse and
negative manner. In relation with the proposed research study, the most potential risk that may
arise in between the research can be termed as the inefficiency or incompleteness of the
researcher to complete the research within the predetermined time frame and durations.
Resources:
The numerous components and attributes that are taken into consideration in order to
execute the operations as well as the management of the research process can be termed as the
resources.
P3 Produce a work breakdown structure and a Gantt chart to provide time frames and stages for
completion
Gantt Chart :
Gantt Chart can be defined as systematic chart that helps the researcher to determine the specific
schedules and timelines that are incorporated in conducting the research in an effective manner.
It is mechanism that helps the researcher to plan out the activities in an orderly manner and top