Managing A Successful Business Project | Assignment

Managing A Successful Business
Project

Table of Contents
INTRODUCTION...........................................................................................................................3
Background of the Research.......................................................................................................4
Aim of the project: .....................................................................................................................5
Project management plan: ..........................................................................................................5
Work Breakdown structure: ......................................................................................................9
Gantt chart: ................................................................................................................................9
Research methodology and data collection: .............................................................................11
Analysis & interpretation: ........................................................................................................13
Recommendation on findings: .................................................................................................19
Reflectional analysis: ...............................................................................................................19
CONCLUSION..............................................................................................................................21
REFRENCES.................................................................................................................................22

Title of the project: “To explore the positive economic, cultural and ethical impact of
globalisation on different functions within a business organisation”. A case study on Barclays.
INTRODUCTION
Globalisation is a continuous process of integration and interaction among various
people, business entities as well as government of different countries. It is a long lasting through
which business or any company develops their international business level (Chen, 2012). This
project will be carry out on the Barclays bank, which is the leading British commercial bank,
deals in financial services and investment generation. This business organisation is currently
headquartered in City of Manchester, United Kingdom. As, globalisation is necessary to uphold
or carry business expansion for longer period of time.
Apart from this, report will be cover on covering aim of the project and outline various
objectives, including the aspects of cost, time, scope, communication and quality of a project
management plan. This report will also covers concepts of Gantt chart and work breakdown
structure. Lastly, report will also cover analysis & interpretation on the basis of questionnaires.
In short, small scale research will be undertaken to find suitable results out of complete research.
Brief summary: Impact of globalisation will be side of positive & negative to Barclays
bank operation, as it deals with making continuous changes in functioning of every business
operation along with encouraging higher profitability & productivity.
Positive impact of globalisation in context with Barclays bank in the UK:
Economic: Globalisation has been included business activities related to expansion,
growth formulation along with bringing down sustainability into the business function, which
simply resulted into an increased the economic strength & opportunities for the Barclays bank. It
has simply brought business power & potential to economic scenario and financial stability of
the Barclays bank. In the United Kingdom, globalisation has resulted in long lasting business
relationship with nations of Europe, Asia etc.
Cultural: Globalisation has been proved for cultural development through creativity and
usage of various innovative product & services with an intention to develop social leads.
Globalisation has simply brought interest of an individual entity for development of social
awareness and work for its long welfare (Ong, 2015). In context with Barclays bank,
globalisation has led to cultural development of societal people and growth of this leading bank.

Ethical: Globalisation has brought productive employee's attitude & behaviour who are
working in different functions of the Barclays bank and its branches. It has been led to ethical
regulation, code of conduct along with effective working its business environment. Ethical issues
can be solved through sustainability practices towards business regulation (Lai, 2017). For
Barclays bank, globalisation results into sincere work, positive behaviour and development of
business structure.
Background of the Research
This research study is based on finding impact of globalisation on business function &
operation of the Barclays bank. It has been noticed that every business have different structure
components such as operation, marketing, human resource & accounts etc., which are simply
responsible for business growth & productivity for future tenure. In context with Barclays bank,
these organisational function are focused towards ascertaining scope of business expansion and
enables higher growth and productivity from its business operation (Planken, 2010). Also,
impact of political, cultural & ethical aspects is huge and wide to put both positive & negative on
business activities. As, this project will be carried on Barclays bank. Brief discussion of its
business function are as follows:
Operation: Globalisation has led to productive control of business process of Barclays,
through involvement of technology, artificial intelligence and human empowerment. Hence, it
has been proved operations of Barclays bank are more easy and convenient to carry on. Thus, it
will be beneficial for higher productivity & profit generation.
Marketing: Globalisation has brought different promotion channels for marketing Dept.
of Barclays bank along with higher suitability to acquire customer attentions. Through inter-role
of advertisement agencies, promotion of products & services has led to creation of brand image
and Barclays bank reputation.
Human resource: Human resource regulation has become effective through globalisation
practices and strategic planning to motivate workforce to get their bigger contribution to success
of its business operations & activities (Kankaanranta, 2016). In context with Barclays Bank, by
fair practices of human resource role, manpower regulation has compensatory to performance &
success of its profit success.

Aim of the project:
The clear aim of this project is “To explore the positive economic, cultural and ethical
impact of globalisation on different functions within a business organisation”
Objectives:
 To understand the concept of globalisation
 To explore positive impact of globalisation onto the business function of Barclays bank
 To analyse suitability and relevancy of impacts on profitability & productivity of this
leading bank.
Research question:
 What do you understand by term globalisation ?
 What are major impacts of globalisation in context with business functions of Barclays ?
 What are the major suitability & relevancy of impacts of globalisation on profitability of
this leading bank ?
Project management plan:
PMP is a formal, approved document used to manage project execution. Project
management plan records various actions which are necessary for defining, prepare, integrate &
co-ordinate various planning activities. For this research project, project management plan is as
follows:

Project Title
“To explore the positive economic, cultural and ethical impact of
globalisation on different functions within a business organisation”. A
case study on Barclays
Project Management Plan
Company Name: The name of the company is Barclays bank, which is the leading bank
of UK territory, known for its renowned bank services and investment
generation. It is currently headquartered in Manchester, United
kingdom.
Cost
Cost is a major element of every research project. This is why because
of fulfilment of funds needs ascertained by project manager to carry out
assigned project to arrive at valid conclusion. Project manager needs to
structure required budget to carry on project task such as deciding
topics, finding required resources and hiring of adequate manpower etc.
(Lubinski, 2012). This cost will also includes collecting
data/information from respondents and higher involvement of people,
by giving training to them in pre-stage of this project. In this research,
budgeted cost has been set to £1500 and also additional funds of £120
has been saved to reserves to bear any future expenses. This cost will
be incurred in data collection, hiring workforce and using data
technology to accumulate data at one place. In addition, Barclays
actually requires funds of £150 to expand their business functioning to
another level. Budget of add on £650 has been arranged to do develop
financial services & required infrastructures.
Scope
This research project will be helpful to identify various business scope
and opportunities associated with business goals & targets. In response,
Barclays bank is looking for their business development such as
increasing business size & structures, expanding operation along with