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Managing a Successful Business Project

   

Added on  2023-01-19

32 Pages6535 Words77 Views
Leadership ManagementProfessional Development
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Managing a Successful
Business Project
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Table of Contents
TOPIC: “To identify the issues and challenges which get arise out of equality and diversity at
workplace and different measures to resolve these issues”.............................................................3
INTRODUCTION...........................................................................................................................3
TASK A...........................................................................................................................................3
LO1..................................................................................................................................................3
P1) Aim and objectives for the project...................................................................................3
P2) Project management plan.................................................................................................4
P3) Work breakdown structure and Gantt chart ....................................................................6
LO2..................................................................................................................................................8
P4) Research methodologies to achieve project aims and objective .....................................8
LO3................................................................................................................................................11
P5) Analysis of data and findings ........................................................................................11
P6) Recommendations..........................................................................................................19
P7) Reflection.......................................................................................................................19
TASK B.........................................................................................................................................20
Covered in appendix II (Performance Review)....................................................................20
TASK C.........................................................................................................................................20
Covered in PPT.....................................................................................................................20
TASK D.........................................................................................................................................20
Covered in appendix I (log book).........................................................................................20
CONCLUSION .............................................................................................................................20
REFERENCES .............................................................................................................................21
APPENDIX I.................................................................................................................................23
APPENDIX II................................................................................................................................25
Template for Performance Review to be attached with the report by the learner:........................25
APPENDIX III (Log book of 8 Weeks)..........................................................................................1
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TOPIC: “To identify the issues and challenges which get arise out of equality
and diversity at workplace and different measures to resolve these issues”
INTRODUCTION
For managing a business successfully it is necessary to conduct timely research so
that information about new concepts and trends can be collected. This information provides a
base for effective decision making which ensure success and achievement of targets. With rapid
growth of economies and organisation which is mainly due to integration of societies of world
concept of equality and diversity is enhancing and seen in many organisations. It basically
represents the employees and workforce coming from different background and cultures and they
are having diverse features and characteristics (Islam, 2019). The equality and diversity aim at
creating a balance and coordination between these diverse employees and manpower.
For this research work the organisation selected is Sainsbury plc which is well known
supermarket chain of UK and having it’s headquarter in London. This report includes aims,
objective and time frames of chosen topic and a project management plan is also there. For
providing time frames and stages of completion a Gantt chart and Work breakdown structure are
also form a part this report. Beside this, a small research is also conducted for the purpose of
information gathering and data collection to support the findings of project. At last
recommendations and reflections with proper performance appraisal are also included in this
research report.
TASK A
LO1
P1) Aim and objectives for the project
Overview
For effectively and successfully running a business and to manage its operations as per
current trend and situations prevailing in business environment regular market research is
essential. The main purpose of conducting any research is to determine and analysis the various
factors and understand the nature and behaviour of different stakeholders so that an appropriate
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decision can be made (Peters, Stanko and Merrett, 2019). McLeod and partners is a research firm
which executes various types of research for their clients. This research report is based on
Sainsbury plc which is a British supermarket chain and it’s headquarter is in Holborn, London,
United Kingdom. It is second largest supermarket of UK and as it has achieved immense success
in London and other parts of UK, it is now planning to expand its business across international
boundaries. This decision will lead to increase in diversity at its workplace. Thus, this research is
conducted to evaluate the effects of concepts of equality and diversity at workplace.
Aim
The main aim of this research is, “To identify the issues and challenges which may get
arise out of equality and diversity at workplace of Sainsbury plc”. This research also focuses on
identifying different measures that could be adopted to resolve the problems arises because of
increasing equality and diversity in the organisation (Sankaran, Vaagaasar and Bekker, 2019).
Objectives
The main objectives or targets of this research conducted on Sainsbury’s plc are:
To get the understudying about the concept of equality and diversity.
To determine the various challenges and issues that are faced by an organisation because
of increasing equality and diversity at their workplace. To identify the measures which can be adopted by Sainsbury’s plc to resolve or handle
the challenges and problems of equality and diversity at workplace.
Research Questions
What is the implication of concept of equality and diversity?
What can be the possible challenges and issues that are faced by an organisation because
of increasing equality and diversity at their workplace ?
What are the various measures which can be adopted by Sainsbury’s plc to resolve or
handle the challenges and problems of equality and diversity at workplace ?
P2) Project management plan
It is basically a written document that is used for providing guidance and facilitates
effective planning for each and every activity of project (Lin, Jalleh and Huang, 2019). It
includes detail information about commencement, execution, implementation, and monitoring,
controlling and finally closing process of project. Use of project management plan is made for
this research for effective planning regarding various aspects of research so that objectives can
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be achieved on time. The various components or aspects of project management plan are as
follows:
Cost- This element basically shows the amount of expenses made on various activities of
research like cost of material used, employees, tools, etc. Cost of this research is estimated by
proper analysis of current market price and other aspects (Abdullah and Foo, 2019). The
inforamstion about budgeted cost of this research is provided in the following table:
Estimated Budget
Particulars Amount
Promotion expenses £100
Cost incurred in technology £150
Other Expenses £120
Total Cost £370
Time- This aspect mainly denotes the duration of time that is required to meet the
objectives of research. Time period needed for completion of any research is depends on the
efficiency of researcher and its team member. The time span required for completion of this
research is approximately 2 months.
Quality- This aspect includes the planning regarding the quality of research which
depends on the reliability and authenticity of data collected. To maintain the faithfulness and
authenticity of data gathered use of best suitable and efficient research methods are made which
include qualitative and quantitative research methods. Data is collected through making use of
both primary and secondary sources of data.
Communication- Maintenance of effective communication channels are necessary to
ensure the free flow of information. Use of both formal and informal channels of communiton is
made for this research which facilitates education in confusion and chaos (Vuorinen and
Martinsuo, 2019).
Risk- This element depicts the various issues and problems that can be faced while
conducting or performing any task. The possible risk associated with this research is mainly
related with lack of resources and insufficient time.
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Resources- This factor includes the various assets and techniques which are used for
conducting or performing any research. Effective use of human resource, financial resource,
technical resource and other assets are made to achieve the targets of this research.
Scope- This research is helpful in enhancing various skills of researcher thus, provide
better future scope and ensure various opportunities in future. The chances of success of this
research are quite high as use of best possible resources and methods are made.
P3) Work breakdown structure and Gantt chart
Use of various project and time management tools is made by researcher to ensure the
completion of various stages and task within the provided timeframes. These tools are described
below:
Gantt chart- This time management tool provides graphical presentation for all stages and
task of project which provides clarity and transparency in work. It is a type of bar chart which
provides information about tasks to be informed on its vertical axis and on horizontal axis time
intervals are shown (Skjerven, 2019). Use of Gantt chart is made for this research as it clearly
depicts start and finish dates of the summery and terminal elements which ensure timely
completion of each task. It is also helpful in reducing cost of research through eliminating
wasteful activities.
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Work breakdown structure- It is a project mangemt tool which is used by manager or
researcher to properly allocate or divided a complex project into small sub task that work can be
efficiently performed and managed (Huovinen, 2019). WBS provides guidance or framework for
timely completion of work through properly assigning job roles and responsibility among various
team members and employees. Use of work breakdown structures is made for this research to
avoid the chances of duplication of work and to effectively allocate or divide work into various
teams so that objectives of research can be achieved on time and without any confusion and
chaos regarding any task of project.
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LO2
P4) Research methodologies to achieve project aims and objective
Research methodologies basically represent a specific procedure or techniques which are
used to identify, collect and analysis a set of data related with a particular topic (Christian, 2019).
The main aim of any research is to analysis the data related with the various aspects of markets
and human behaviour to make an effective decision in favour of organisation. The two types of
research methods are described below:
Qualitative Research Method- This method of research is used for gathering or
collecting in depth information about behaviour, attitude and nature of respondent. Use of
interviews, surveys, observations, experiments etc is made under this research. Theoretical
data is collected by researcher which is hard to represent in form tables or chart and it is also
a time consuming process.
Quantitative Research Method- Under this method numerical or algebraic data is
collected to get a perception or idea about behaviour of respondent. Use of questionnaire,
polls, etc is made and this method is less time consuming method (Todorova, 2019 ). The
numerical data collected can be easily converted into tables and other graphical form.
Sources of data
This basically represents the main areas from where data is actually originated. There
are two main sources of data which are as follows:
Primary source- It represents the most authentic source from where data is actually
generated. This data is first hand and no modifications or changes are made by any
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