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Managing a Successful Business Project : John Lewis

   

Added on  2021-01-02

27 Pages4541 Words390 Views
MANAGING A SUCCESSFULBUSINESSES PROJECT

Table of ContentsINTRODUCTION ..........................................................................................................................3P1 Aim and objective .................................................................................................................4P2 Project management plan.......................................................................................................4P3 Work break down structure and Gantt chart .........................................................................5P4 Small scale research ..............................................................................................................7P5 Research methods ...............................................................................................................12P6 Conclusion and Recommendation ......................................................................................13P7 REFLECTION ....................................................................................................................14REFERENCES .............................................................................................................................15

INTRODUCTION Globalisation is basically referring as of interacting as well as integrating among othercountries, companies and government. As globalisation has grown due to advance technologyand communication. In this report it covers the aim and objective of John lewis as it is theleading chain department throughout the country and also planning for globalisation. In thisresearch it covers the project management plan which is the formal document which consist ofvarious factor such as resources, communication, cost,risk etc. Further in these research report ithas highlighted the wbs and Gantt chart which help the research in proper planning. Thisresearch also includes various research methodologies which help to collect and gatherinformation. P1 Aim and objective Globalisation is the process of interacting with other countries, government worldwide. It is thecomplex process. It is grown due to advance technology. John Lewis is a leading chain ofdepartment operating throughout the country and also planning for globalisation of differentbusiness function so that to gain competitive advantage and generate maximum profit. AimTo identify positive factors such as economic, cultural and ethical impact of globalization ondifferent business functions of organization: A study on John LewisObjectivesTo understand conceptual framework of globalizationTo identify issues faced by John Lewis due to globalizationTo explain benefits of globalization on various business functionsTo recommend ways through which John Lewis can maximize its benefit and canestablish in international market successfully (Sutton and Austin, 2015).P2 Project management planThe project management plan is a formal approved document used to manage the project inthe effective and efficient way. And also, it helps in coordinating the planning activities. Also, itdefines how the project will control, closed and monitor. And for making the project plan itnecessary to measure the cost, quality, risk assessment. It is responsibility of project manager tomake effective plan as well as work in the proper direction.

Cost – This refers to expenses which are directly linked with the development andimplementation of investigation procedure and project. In context of research the main cost isincurred with collection of data, facts and figures with respect to the topic of the research project.The major expenses related to the research project are printing expenses, communication cost,salaries and of project managers and team members within John Lewis. The other cost involvespurchasing equipment. The estimated cost for the present research study around 20000$. ThisBudget is developed by scholar considering all expenses in previous studies. (Sheikh andSultana, 2016). Scope – The scope of research defines the key milestones which are to be obtained. Presentresearch on ethical, cultural and economic impact of globalisation on various functionsperformed in John Lewis, has a wide scope to examine and understand the impact ofglobalisation on business activities (Silverman, 2016). Time – It is one of the most important element of project plan, time schedule which includes ofthe period within which particular activity is needed to be accomplished. Gantt chart has beendeveloped by the scholar which includes of start and finish time of each investigation task, asthis helped them in completion of this research (Potrafke, 2015). Communication – It is considered to be a major element of project management plan. Aneffective communication is very essential in order to avoid repetition or overlapping of tasksand prevent wastage of resources. It also helps to conduct the research in the effectivemanner. In present study researcher has developed the communication plan which will assistthe interaction among the various stakeholders of John Lewis. Information tobe shared Target audience Time Method ofcommunication Provider Report of Milesstone senior managerin John Lewis Two times inmonths meeting E-mail Project manager Project statusreport Project manager After five days E-mail Project leaderWork statusreport Project managerWeekly E-mail Team leader

Resources- Resources are required at each and every period for example for formulating planrelated to execution of study to implementation of investigation process within John Lewis. Theimportant resources which execution of the research are funds, technology, human resource,communication devices, internet, knowledge, research skills, stationery and other equipment’s.Risk –The prima risk linked with the execution of research study on John Lewis with relation tothe occurrence various ethical problems or issues. Researcher tried to eliminate these issues byimplementing the various strategies for example communicating all the essential informationrelated to process with the participants. Along with this, there is high risk of delay inaccomplishment of research project time. Scholar has implemented the time managementstrategy in order to avoid the risk of delay. P3 Work break down structure and Gantt chart Work break down structure

Gantt chart Work breakdown structure helps in developing specific structure for the project, includeseach and every stage of the project such as development of project initiation document,determine project resources, formulation of goals and objectives. It helps prioritising the tasksrequired to complete the projects. Gantt chart helps in illustrating schedule of project in the formof bar chart. It is useful in developing clarity within projects by inserting multiple tasks &timelines in a single document. P 4 Research methods Research methodology is the technique used to collect information and data which helpto make business decision . Research methodologies may include interview, surveys, publication,historical information etc. There are various tools and techniques of research methodology.

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