(Pdf) Managing a Successful Business Project Assignment

Managing a Successful
Business Project

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P1. Formulating aim and objectives for the selected scenario.....................................................1
P2. Project management plan covering essential aspects............................................................2
P3. Producing work breakdown structure and a Gantt chart.......................................................3
LO 2.................................................................................................................................................5
P4. Application of qualitative and quantitative research methods..............................................5
LO 3.................................................................................................................................................7
P5. Analysing the collected data using appropriate tools and techniques...................................7
P6. Appropriate recommendations and valid conclusion..........................................................16
LO 4...............................................................................................................................................17
P7. Reflecting on the value of research to meet stated objectives.............................................17
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................19
APPENDIX....................................................................................................................................21

INTRODUCTION
Globalisation has become an important part of life of individuals as well as businesses.
As trade of businesses at international level is increasing at a rapid pace, there is no question that
they must be having many implications from same. There are various ethical impacts of
globalisation on businesses; especially in the hospitality sector where employees are in direct
contact with customers (O’Neill, 2018). However, these impacts are positive and negative both
which plays a crucial role in influencing the operations of business. Globalisation has led
hospitality industry like all other sectors to develop economically as well as socially along with
making them ethically responsible towards stakeholders so that interests of all can be effectually
met and business can be run in a smooth manner. In the present study, being specific, there will
be discussion on analysing the positive ethical impacts of globalisation on business operations of
hospitality industry with special reference to Hilton hotel, UK.
LO 1
P1. Formulating aim and objectives for the selected scenario
Aim – To analyse the positive ethical impacts of globalisation on business operations of
hospitality organisations – a case study in Hilton Hotel, UK.
Research Objectives
 To identify the ethical implications of globalisation on organisational functions of
hospitality sector
 To analyse the positive influence of ethical impacts of globalisation on business
operations of Hilton hotel, UK
 To understand the challenges faced by Hilton hotel due to ethical implications of
globalisation
Research Questions
1. What are the ethical implications of globalisation on organisational functions of
hospitality sector?
2. How does ethical impacts of globalisation positively influence the business operations of
Hilton hotel, UK?
3. What are the challenges faced by Hilton hotel due to ethical implications of
globalisation?
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P2. Project management plan covering essential aspects
Project management plan is mainly a formal document that is prepared not just to keep
the activities on track but also, to outline the stakeholders and scope of study so that associated
risks can be effectually managed and contingency plans for same can be made. Some essential
aspects of project management plan are given as below:
Cost – This is the most significant aspect of project management plan which refers to making
estimation of overall cost that is needed to complete the project. Costs like labour, assets as well
as direct expenses are mainly calculated before implementing the plan.
Scope – Before execution of the project, it is crucial to understand its scope first so that its
probability to become successful can be assessed as well as results of project can be developed
accordingly (Ledford and Gast, 2018).
Time – Time is considered to be one of the most essential aspects of project management plan as
if it is not given with due consideration, to attain the set deadline of its completion of project is
not possible. It is important to specify the duration for completing each activity so that final
deadline can be met timely.
Quality – There are always some specific standards based on the nature of project that are
essential to be complied with to maintain the quality of results. A project has high chances to
become a failure if in case quality standards have not been properly followed (Bresler and Stake,
2017).
Communication – Along with all other aspects, communication also plays a vital role in making
a project successful. It is crucial to clearly communicate about the project management plan
considering various working relationships so that associated stakeholders can be made satisfied.
Risk – If associated risks of the project are not assessed on time i.e. prior its execution, there is
high probability that the project will get failed (Quinlan and et.al., 2018). Therefore, all possible
risks should be identified and assessed first before implementation of the project which is an
important aspect of its management plan so that chances of getting failed can be reduced.
Resources – To have sufficient availability of resources like manpower, finance and physical is
significant so that all activities required for the completion of project will effectually be run and
there will be no delay in achieving the results of same (Humphries, 2017).
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P3. Producing work breakdown structure and a Gantt chart
Work breakdown structure is designed for the project with an aim to have clear division
of work among team members specifying their tasks in a hierarchical format so that targeted
objectives can be attained in a timely and efficient manner. Gantt chart on the other side is
sequential presentation of activities specifying the beginning and end date of each activity to be
conducted which helps in meeting the final deadline within stipulated timeframe (Jennings and
et.al., 2018).
Figure 1: Work Breakdown Structure
Schedule of activities to be conducted
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