Managing Successful Business Project Assignment - Marks and Spencer
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Added on 2021-01-02
Managing Successful Business Project Assignment - Marks and Spencer
Added on 2021-01-02
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Managing a SuccessfulBusiness Project
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Project aim and objectives..........................................................................................................1Project Management plan............................................................................................................1Produce a work breakdown structure and Gantt chart...............................................................3TASK 2............................................................................................................................................6Carry out a research by applying qualitative or quantitative research method...........................6P5 Analysing the research data ..................................................................................................9TASK 3..........................................................................................................................................19Recommendations.....................................................................................................................19TASK 4..........................................................................................................................................25Reflection..................................................................................................................................25CONCLUSION..............................................................................................................................27REFERENCES..............................................................................................................................29
Title: “The Positive economic, cultural and etical impact of globalisation on marketing andHuman resource within Marks and Spencer”INTRODUCTIONIn this era of globalisation, every company wants to be on top and gain high competitiveadvantage as well. Therefore, the report main aim is to determine thePositive economic, culturaland etical impact of globalisation on marketing and Human resource within Marks and Spencer”. The chosen firm for this report is Marks and Spencer, which is retail firm in UK and as it wantsto expand at global level, the report will help to describe the task direction idea that includescost, quality, communication and scope. Further, by using primary research, report will help toattain the aims and objectives and then provide recommendations as well.TASK 1Project aim and objectivesAim: “ To investigate the Positive economic, cultural and ethical impact of globalisation onmarketing and Human resource within Marks and Spencer”Objectives: To understand the idea of Globalization.To determine the positive economic, ethnic and social impact of globalization onMarketing and Human Resource functions of Marks and Spencer.To suggest the ways through which company can gain economic benefits be expanding atglobal level.Background:Economic process is the simple process of action and desegregation ofdifferent institution at intercontinental plane. Further, while operating globally, the company alsofaces different issues regarding communication barrier and economic factors, cultural issues. Inthe same way, study is also based upon the some key aspect and their impact which affectpositively while company operating globally. The report is based upon a case study of Marks andSpencer, which is star retail marque in UK and currently it has more than 900 stores atworldwide level. In the same way, research report assist to describe the key aspect ofglobalization such as economical, ethnic and right and its impact upon the concern role as well.Project Management planProject Purpose:The main purpose of the report is to describe to Positive economic, cultural1
and ethical impact of globalisation on marketing and Human resourcewithin Marks and Spencer so that it can easily grow its business at worldplane and determine the actual resource, cost and quality of material that isrequired for the completion the project (Brenkert, 20196).Project Cost:It is the overall project cost which is required in order to complete theproject and that is £650.No.Details Amount1Stationery£1002Wages£2503Travelling£604Contingency expenses£805Other expenses£160Total£650Project Scope:This research report helps to determine the positive impact of economic,cultural and ethics upon business function. The scope of this project is suchthat it helps in the expansion of business and determine the ways throughwhich the business can operates at global level. Such that it will also help abusiness to quick access different positive key aspect that helps a businessto provide success (Kerzner, 2019).Project Timeframe:The time frame for this research project is 12 weeks from the 4th Juneonwards.Project quality:Quality is vital because it helps to make the project successful andmeasurable. Such that the tools and techniques which are used during theproject should be in measurable terms and the resources which are usedmust be in good quality so that it helps to attain the purpose of the research(Werhane, 2019).Projectcommunication:It is the main key element of the report in which a poor communicationmakes the plan unsuccessful and project success is also depend upon aneffective communication and improving the communication helps tomaximizes the success and minimizes risk. Thus an effectivecommunication will help to complete the research report (Fleming, 2019).Further, the project manager should contacts to stakeholders and when theissue arises, they should try to solve this for the completion of the researchreport. Project Risk: No.Risk / IssueProposed Solution 1Absence of high staff An alternative staff members should behired to cope this situation.2Lack of cooperation onThe project manager should opt2
part of team members dueto leadership style ofProject Managersituational or contingency leadershipstyle that helps to maintain cooperation.3Owing to circumstancesbeyond your control youfail to deliver the projectto M&S in the agreedperiod of time.Work schedule should be followed andevery task should be done at prescribedeadline (Kliem and Ludin, 2019). 4Poor communicationTraining and meetings should beconduct for effective interaction.ProjectResources:The research report require some physical resources such as chair, desk andstationery in order to complete the report. On the other side, it also requirehuman resource such as administrator, accountant who help to reach theaim and objectives in prescribe deadlines. Moreover, some financialresources which is as describe in the budget is also required for completionof aim and objectives. Produce a work breakdown structure and Gantt chartWork breakdown Structure:3
Illustration 1: work breakdown structureGantt Chart:4
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