Managing Business Projects INTRODUCTION 3 P2 Project Management Plan and Procedures

   

Added on  2020-10-05

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Managing a successfulbusiness project
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Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1 ...........................................................................................................................................3P1 Devise project aim and objectives for the chosen organisation.............................................3P2 Project management plan and procedures that will various covers aspects of cost, scope,time, quality, communication, risk and resources.......................................................................4P3 Developing the work breakdown and Gantt chart ................................................................5TASK 2 ...........................................................................................................................................7P4 Small scale research by applying qualitative and quantitative research................................7TASK 3 ..........................................................................................................................................9P5 Research and data using different tools and techniques........................................................9P6 Appropriate recommendation after the complete result of research and data analysis........16TASK 4..........................................................................................................................................17P7 Reflect on the value of undertaking the research to meet stated objectives........................17CONCLUSION..............................................................................................................................18
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Title: To analyse positive economic, cultural and ethical impact of globalisation ondifferent business function of an organisation. Marks & Spencer case study. INTRODUCTION Business strategies are necessary and important to conduct project in an effective manner.It has led success to achievement of an firm's targets and goals. Business strategies has becomecrucial and relevant for research project and activities(Coker, 2014.). In this current scenario,business objective and targets cannot be easily achieved and accomplish. This research projectwill be carried on Marks & Spencer, which is the leading British based multinational retail chaindeals in clothing, home based, furniture, kids and luxury food products. The company isheadquartered in city of Westminster and is listed on London Stock exchange. Apart from this,this project is divided into two parts: a) Research aim, objectives, and time frame of the researchproject and b) development of the project management plan and research methods to conduct theresearch project effectively and efficiently. Apart from this, this report will put light on conceptof globalisation and how it will put impact on marketing function and business operations of anorganisation. TASK 1 P1 Devise project aim and objectives for the chosen organisationResearch overviewThis brief research will be conducted on Marks & Spencer which is the major Britishmultinational retailer, which is British multinational leading retailer headquartered in the city ofWestminster, London. The company has decided to expand their business function and itsoperation across other countries of the world. During such huge and big expansion, impact ofglobalisation will largely impact on the operation and marketing function of an organisation. Themain reason behind this project is to understand and analyse the force of globalisation on thecompany, their customer satisfaction and also the brand building. This project will covereffective and profitable ways to enhance productivity and efficiency of the business. Research background: The term “Globalisation” means the global and worldwide expansion of an internationaltrade, investment, information technology and cultures. It is defined as the transformation ofnational economies into the global trade power through generating the foreign direct investment,
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advancement of technology, trade generation and capital inflow. It was noticed that globalisationis the combination of technological, economic, socio-cultural and political factors etc. Thisproject will show impact of all these factors on growth and business management in the Marks& Spencer(Parmenter, 2012.). Aim of the project: To analyse the influence of political, economical and technologicalfactors on the globalisation, marketing operation and function of an organisation. This project isbased on current scenario of the Marks & Spencer. Research Objectives:To understand the basic concept of globalisation.To analyse the positive economic, cultural and ethical impacts of globalisation onmarketing operation and function of an organisation. To realize the contribution of globalisation on expansion and growth of the Marks &Spencer. To analyse the interrelationship between impact of globalisation on the success of themarketing and operation in the Marks & Spencer. Research question:What is the basic concept of globalisation.What is the concept of economic, ethical and cultural influence of the globalisation on thecompany's marketing process and impact on within the international boundaries What will be contribution and part of contribution in the success of the Marks & Spencer.What is the effective relationship between impact of globalisation and success of themarketing process and function within an organisation(Byram, 2017). P2 Project management plan and procedures that will various covers aspects of cost, scope, time,quality, communication, risk and resourcesThe project manager of the Marks & Spencer is required to plan and structure the projectmanagement plan which is necessary and suitable to complete all tasks and activities during theset period of time. Let's talk brief about project management plan. It is refer as the formal andprofessional papers which is approved by top authority of the Marks & Spencer, which will showHow the business project will be implement and regulate. For conducting the business projectproperly, it is necessary to discuss various components of the project management plan whichwould be used by project manager of the Marks & Spencer are as follows:
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Cost: It is the major duty of project manager to calculate the appropriate amount offinancial support for conducting all the activities of the business project in the systematicmanner. The important aspects of the project management plan is calculating cost budgeting,requirement of the capital and cost control techniques etc(Ariely, 2012). Scope: In this part, project scope and part should be mentioned. Here, project breakdownstructure will be used to determined that would help the project manager to delegate each andevery activities to their employee's as per their skills and knowledge. It has been noticed thatglobalisation has large scope which will help the Marks & Spencer to raise and expand theirbusiness. Also, this project will focus on increasing sales and revenue of this organisation. Time: In this, project manager of the Marks & Spencer needs to find suitable time to planand conduct the business project. Time should be specific and relevant may be a day, week,month or quarter. In order to complete the business project, specific timing needs to designed inthe pre-stage of deciding the project. Quality: Proper and effective quality is the necessity of every project whether research orbrief assessment. The project manager of the Marks & Spencer needs to do perform pre-qualityassessment before starting of the business project. It will help this firm to conduct and doing thebusiness project properly and effectively. Pre-quality check is best suitable to check nature andrequirement of the resource and information for regulating the project ethically(Adzic, 2011). Risk: Project manager of the Marks & Spencer needs to risk assessment in the advanceor before starting the business project. It is the role and duty of the project manager to findpresence of the risk involved to implement the action plan in the best possible and proper way.P3 Developing the work breakdown and Gantt chart Work breakdown and Gantt chart are both two identified as an essential and main part ofthis business projects. This will provide each and every details of this entire project and itsrelated activities. Both are considered as the important part of the project management planwhich is as follows: Work breakdown structure: In this project management, work breakdown structure isdefined as deliverable oriented breakdown into the smaller parts. Project manager of Marks &Spence will use this tool to classifying and simplifying the execution of this project in the properand simpler manner. In work breakdown structure, larger tasks and activities are breakdown into
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small units of the assessments. In context with Marks & Spencer, main reason behinddevelopment and creation of WBS is to assign each and every task to members which are hiredand selected for that purpose. In this type of structure, more priority is given to managing riskassessment, saving maximum cost and time and achieving the project milestone etc. In theBusiness project, WBS is an important aspects of the project timeline and life-cycle. This is why,because it enhances the durability, suitability and efficiency of the project for ascertaining theresource requirement such as time, manpower and cost beneficiary etc. It also focuses onattainment of an organisational goals(Adam, 2012). Gantt chart: This kind of structure is identified as useful and valuable tool or techniquewhich basically tasks or activities performed during the period. In context with M&S, it will bemore essential and effective method for the project manager to complete entire activities ofproject during the defined period of time. Gantt chart provides various benefits such as propercommunication, co-ordination among the teams. Consistency, flexibility and enables timemanagement etc after the completing the project and its related activities.
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