Managing a Successful Business Project

Managing
a
Successful
Business Project

Contents
INTRODUCTION.......................................................................................................................................3
RASK 1..........................................................................................................................................................................3
P1 Devise project aims and objectives for a chosen scenario..................................................................3
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources..........................................................................................................4
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages for
completion...............................................................................................................................................6
TASK 2.......................................................................................................................................................8
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives................................................................................8
TASK 3.......................................................................................................................................................8
P5 Analyze research and data using appropriate tools and techniques.....................................................8
P6 Communicate appropriate recommendations as a result of research and data analysis to draw valid
and meaningful conclusions..................................................................................................................19
TASK 4.....................................................................................................................................................19
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning and
performance...........................................................................................................................................19
REFRENCES............................................................................................................................................20

INTRODUCTION
Globalization indicates about a procedure in which a company can sales or purchase its
products or services across their boundary in order to earn profit and enhance customers base. It
is essential for an organization to expand its business at international level so that they can earn
more and more market shares as well as profitability ratio. Impact of globalization on a firm is in
both manner negative and positive way because it help in enhancing growth but it also increase
competition in international market. Organization taken for this assignment is John Lewis
Partnership, which is founded by John Spedan Lewis in year 1929. Its headquarter is in London,
England, United Kingdom and they are operating its business in retain industry by offering
variety of products as well as services. Such as clothing, watch, jewellery, giftware, cosmetics,
furniture, bed and many more. topics covered in this report are aims and objectives along with
project management plan in order to successfully fulfill the same. Along with this, it will
mention concept of research methodology and also include interpretations of the result.
Moreover it will also contain some recommendation which is given to present company which
helps in enhancing its business market.
TASK 1
P1 Devise project aims and objectives for a chosen scenario.
Aim of the project:
“To understand concept of the Globalization and identify its economical impact at workplace”.
A case study on John Lewis Partnership.
Objectives: Major objectives of respective research are mentioned as below:
 To understand the importance of globalization.
 To identify impact of globalization at operations and functions of John Lewis.
 To monitor economical impact of globalization at workplace.
 To understand situation and provide recommendation which help respective company in
removing as well as avoiding impact of globalization.

P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
Project management plan:
Project Title “To understand positive effect of globalization at
economic, cultural, and ethical manner on various
business functions within a company”.
Project Plan
Company Name: John Lewis Partnership.
Cost Cost refers to a factor which is essential to conduct
whole operations and functions in effective manner. In
respect of John Lewis they required approx 20K Euro
for operating its activities in proper way. Requirement
of cost is based on operations as well as function,
which is given below:
Initial Investment : 100000
Expenses:
Operational Activities: 22000
R&D Activities: 28000
Cost to IT Experts: 16000
Licensing Fee: 8000
Scope It is essentials for a company to identify its scope that
why they are conducting research and what they are try
to finding out. In context of John Lewis, by this
respective report they able to analysis benefits and
impact of globalization. Along with this they also able
to know how respective organization will can adopt it