Project Report: Managing Successful Business for Austin Fraser (HR)

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This report examines the management of successful business projects, focusing on Austin Fraser, a small HR consultancy. It outlines project aims, objectives, and the importance of defining scope and targets. The report details project management plans, including cost, scope, quality, time, communication, and resource allocation. It explores work breakdown structures and Gantt charts for task organization and time management. Furthermore, the report discusses research design, data analysis using tools and techniques, and the implementation of CSR activities. It also includes recommendations for improving research and achieving organizational objectives, emphasizing the significance of employee motivation, resource utilization, and effective communication strategies within the context of a small business environment.
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MANAGING
SUCCESSFUL
BUSINESS
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Table of content
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Aims and objectives of a project............................................................................................1
P 2 Project management plan .....................................................................................................2
P 3 Work Breakdown structure and Gantt chart.........................................................................3
TASK 2............................................................................................................................................5
P4 Small scale research by using various methods.....................................................................5
P6 Suggestion and recommendation on the above data analysis................................................7
P7 Research measures to meet objectives with own learning and performance.........................8
CONCLUSION................................................................................................................................8
REFERANCES................................................................................................................................9
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INTRODUCTION
Managing successful business relates to handling all the activities of business in an
efficient manner. It is a simple term which explains about the administration of the projects with
the help of different activities in the organisation. These activities are designed so as to achieve
the desired goals of the organisation. It should consider the facts and tables that are related with
data so that results can be easily and accurately achieved. This project report contains the study
about various aims and objectives of project, plans that are made for planning to achieve the
desired objectives (Achtenhagen, Melin and Naldi, 2013). The managers gave the insight about
the activities can be divided with the help of gang chart and work breakdown structure. Project
planning for monitoring the different objectives of the projects. The research methods that are
used by the organisation, measuring the accuracy and reliability of data. Tools and techniques
that are used in research. The decision making process that helps in evaluating the results of the
research and lastly suggestions and recommendations that are needed for research so that
changes can be made in research wherever they are necessary.
TASK 1
P1 Aims and objectives of a project
As a management advisor of Austin Fraser which is a small business organisation and
operates its consultancy services in HR department. The basic aims, scope and objectives of the
project should be clearly defined and thus the work should be completed according to the desired
plans and programmes. Various external and internal factors that operates in the organisation
should be considered so that the the main objective of the company can be easily achieved to
achieve the desired goals and objectives for individuals and different groups that are operating in
the organisation. Small business projects requires low budgets because they are not established at
a higher level and thus they have less capital and funding to invest in the projects. Factors which
are critical had to be managed so as to achieve the desired objectives. Targets are attached with
the projects which had to be efficiently achieved (Crane, and Matten, 2016).
Projects should be designed according to need and specifications and thus all the
activities of the plan should be designed as per the plans of the projects.
Different methods that are used for research are to be effectively evaluated and actions
with the help of data and information so as to achieve healthy outcomes.
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In planning of project various risk and challenges factors arises those had to be efficiently
managed by implementing proper solutions.
The strategies that are related with attainment of goals should be effectively achieved by
the managers so as to get the desired outputs.
Employees should be motivated to achieve the goals of the system, mission designed by
the company and thus increase in productivity of organisations.
The resources of the economy should be utilised in an effective manner. So that the right
job can be provided to the right person at right place and at right time.
Aims and Objectives of Projects:
Implementation of CSR activities in the organisation that helps in achieving the
sustainable objectives for the organisation (Crawford, and Nahmias, 2016).
CSR activities helps the organisation to grow and develop with the help of activities that
are beneficial for the society.
The desired results of the research should be effectively achieved. The project also
emphasis on how the desired aims are to be achieved by the organisation.
The long term goals of the project are to be achieved that helps in achieving the
expectations of the project.
Concept that are designed should be properly used in the project. The technical part of the
project should be effectively used in the decision making process. Thus the project should be
short that can be easily understand by different individuals of the organisation.
P 2 Project management plan
The manger of Austin Fraser had to designed the effective management system that
compose of various factors. These are related with implementation of desired plans for the
project. The group goals should be achieved that are designed by applying the target strategies
and using the different set of informations that are related with the project like evaluation of cost
and budgets (Kumar, Petersen and Leone, 2013).
The factors that are related with the project includes cost, scope, quality, time,
communication, risk and the resources used. All these have their assigned roles and
responsibilities that they have to achieve defined under the project. Project manager thus reveals
all the internal and external factors that operates in the organisation so that complexity of
projects can be easily solved and thus achievement of the desired results.
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The plans that are designed by management for small business organisation should
include the following:
Cost: It implies the expenditure that will be incurred in completion of project activities.
Cost are the backbone which help in effectively running the business activities which can be
related to small, medium or large business. All the event of the project are related with cost and
thus cost should be considered before designing a project activity. For Example : If the cost of
Implementing CSR activity was 10,000. Training given to employees will incurred 5000 and
thus they will be able to secure 5000.
Scope: It relates to vision and mission of the projects. These should be evaluated to every
member or individual of the team. This helps in creating awareness about the project before the
resources are selected. The waste elements should be managed and thus errors should be reduced
with the help of selecting the right person for running the project.
Quality: It relates with the prices of the projects that helps in identification of the quality
of the projects. These quality factors helps in identification of the stages of products that are used
in organisations so as to control the quality, planning process and coordination of different
activities (Mathur and Kenyon, 2012). The Quality for implementing CSR activity should be
helpful in providing better services to people of society. Customer satisfaction are important in
determining quality of products. Experienced persons will be hired who had knowledge about
implementation of CSR activity.
Time: It is the most critical factor that helps in scheduling the times of different activities
that are related with the project. Time management helps in completion of the activities inn
desired time so as to achieve best results for the organisation by timely completion of the project.
Time taken to complete the project will be twelve Weeks. Plans and procedures will be designed
according to desired time in which project had to be completed.
Communication: Plans should be designed that helps in communicating the plans and
procedures at all levels in the organisation. Project manager should do interaction with every
individual in the organisation. Different websites are designed which will make people aware
about different CSR and how people can be benefited from this. Advertisement can also be given
newspapers as most of people are reading newspaper to get awareness about what is happening
around the world. Monthly activities can be designed which will help in successful
implementation of CSR activities.
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Resources: These should be properly designed to achieve the goals of the organisation.
Thus resources are valuable for the growth of the company and increasing the fruitfulness of
organisation. For starting these activities we can purchase property on rent . Capital can be
generated from different sources which are available in economy. Finance can be taken from
money lenders, investors etc.
P 3 Work Breakdown structure and Gantt chart
Work breakdown structure: It is a system of management in which the activities
which are related with the project are divided into small task. The main objective of dividing the
activities is that it helps in easily achieving the work that are designed for individual and thus
work pressure is reduced. The employees fell motivated in managing the resources and thus
increasing the productivity for organisations (The Work Breakdown Structure. 2015). The
arrangement of team members according to their work which is divided into particular sections
or unit. The teams are managed with the help of using charts that includes data product and
services that are related with estimation of cost of the projects. As per the requirement of the
team WBS is designed to achieve the goals of the organisations. The work should be divided
smartly according to different requirements of the department.
Funds for the activities are collected from various sources which includes Equity,
shareholders, debentures and loans provided by banks.
Second stage relates with combination of different activities which are related with
market division like promotion, advertisement, selling and chain retailing
fund division includes managing and transferring of funds that are related with projects.
HR division includes recruitment and selection of employees.
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Gantt chart: It is typically used in direction of companies that are operating in UK. As they
wanted to check the time which is needed in completion of each activity of the projects. It is
represented with the help of bar charts which helps in showing the time period in which the
activities are to be completed. It thus reflects the combinations of various activities that are used
in the project and thus their performances are evaluated. The time used by each activity is
estimated with the help of using Gantt chart.
Activities of
Research
1 2 3 4 5 6 7 8 9 10
Objective of
research
Aims of
Research
Planning &
Procedures
Hypothesis
of
Researcher
Time
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assessment
data
reliability
Implication
of research
Findings of
research
Interpretation
of Research
Change
Management
The above table represent the activity that are designed to be completed in particular time frame
so that the objectives of research can be easily achieved.
TASK 2
P4 Small scale research by using various methods
Analysing of research for small scale business needs to have research conducted with
proper methods which includes the qualitative and quantitative methods that are designed for
research.
Qualitative methods are properly designed for analysing the various quality data and
informations that are used in literature review. This helps in designing blueprint for the
organisations. This can be achieved with the help of applying appropriate research in the
organisation for evaluations of better results.
Quantitative methods are used to systematically investigate the findings and observations
of research with the helps using graphs, charts and various mathematical techniques.
. The data is gathered by filling questionnaires from 40 people:
Name : Email :
Age : Contact No:
Gender :
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Q1. Does any human relationship available between CSR activities competitive benefits ?
1. Strongly Agree
2. Strongly Disagree
Q2. Implementation of CSR activities as first-hand function of small scale organisation ?
1. Agreed
2. Disagreed
3. No comment
Q3.What are the difficulties faced by small scale business?
11 Not fulfil the need of customers
1
1 Welfare and social group
1
1 Exploitation of right
1
1 Occupation
Q4. In an organisation who is responsible for CSR activities ?
1. Top management
2. Manager and supervisor
3. HR Administrative
4. Finance manager
Q5. CSR is useful for the small scale businesses ?
1. Yes
2. No
3. Neutral
Q6 Which CSR activities helps in achieving organisational objectives?
1. Free Tree plantation
2. Providing Education
3. Health and security
4. Financial Support
Q7 Small Business are helpful in growth and development of individual ?
1. Strongly Agree
2. Agree
3. Strongly Disagree
4. Disagree
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Q8 Does research contains review of the literature?
1. Yes
2. No
Q9 Which kind of research are helpful in decision making process?
1. Qualitative research
2. Quantitative research
Q10 Research was realistic or it was based on assumptions?
1. Realistic
2. realistic and assumption
3. only assumptions
P5 By using the Tools and Techniques Analysed the research data
Research Design: They are the blueprints that are used in research design which helps in
collection and interpretation of data. It thus defines the overall strategies that are used in
organisation so that different studies can be coordinated with different element that are related to
study.
These design are helpful in
Descriptive: It is the in-depth studies of the elements that are used in research. It includes the
secondary information that are available in the research.
Exploratory: Theses research design are also called as diagnostic design. They are used to
identify and recognize the problems that are faced in the research process.
Experimental: These are the scientific techniques that are used in research process. The results
are thus evaluated on the basis of experiments that are used in the research process.
We have used descriptive research design in our research because it is helpful in achieving the
desired objectives for the research and thus the objectives are achieved by the help of research in
the organisation.
Research Approach includes two methods which are:
Deductive and inductive
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Deductive research includes the finding and theory that are related with research, Hypothesis that
are generated on the basis of assumptions, observations of the research and conformation about
the research plans. All these factors are included in Quantitative research.
Inductive research includes observations and patterns that are used in research and hypothesis
that are created on the basis of different theories that are used in research.
In our research we have used qualitative methods so as to achieve the desired objectives of the
research.
Research Philosophy
The research philosophy includes interpretivism which are based on human observations as a
fact which are related to studies. Positivism is the neutral phenomena which are created on the
basis of observations. They are also known as qualitative research.
We have used qualitative methods in our research.
Data Collection
These are the tools and techniques that are used in data collection with the help of primary and
secondary data collection technique. Primary methods are the methods that are calculated on the
basis of data that are used for first time in research. They can be collected with the help of
questionnaire, surveys and interviews etc. Secondary data is the data that is already available in
magazines, newspapers and books etc. The research is concluded from the data that had already
been collected in past research and thus accurate results cannot be interpreted.
Sampling technique:
There are two type of sampling techniques that are used in research which include
Probabilistic Sampling: It includes random sampling in which the data is collected from
random people, systematic sampling includes the data from defined number of population and
lastly samples are taken from stratified data.
Non Probabilistic sampling: It includes various sampling techniques which are classified as
purposive, convenient, snowball, quota and cluster sampling that are classified according to
geographical locations.
Data Analysis and Interpretations:
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The data which are included in research are based on the research that are conducted in the
organisation. Qualitative data collections techniques are used in research which are based on the
themes that are used in research.
Theme 1: There is a relationship available between CSR activities and competitive benefits.
Findings : As per the above discussion it has been concluded that 35 out of 40 respondents are
strongly agree with the statement that there is a relationship available between CSR activities are
competitive benefits which are available for use in the organisations.
Theme 2: CSR activities are first-hand function of small scale organisation.
10
Strongly agree strongly disagree
0
5
10
15
20
25
30
35
40
35
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