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Unit 6 – Managing a Successful Business Project

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Added on  2021-02-20

Unit 6 – Managing a Successful Business Project

   Added on 2021-02-20

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UNIT 6 – MANAGING ASUCCESSFUL BUSINESSPROJECT
Unit 6 – Managing a Successful Business Project_1
TABLE OF CONTENTSTABLE OF CONTENTS................................................................................................................2INTRODUCTION...........................................................................................................................1P 1 Devise aims and objectives for chosen topic.........................................................................1P 2 Project management plan that covers cost, scope, time quality............................................2P 3 Produce work breakdown structure and Gantt chart to provide timeframes.........................3P 4 Research methodology..........................................................................................................4P5 Data Interpretation..................................................................................................................6P6Recommendation and conclusion..........................................................................................11P 7 Reflection............................................................................................................................12REFERENCES..............................................................................................................................13Appendix........................................................................................................................................14
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Topic: How do multinational companies improve the recruitment, selection andtraining of theiremployees to meet International requirements. A case study on Nestle. INTRODUCTIONGlobalisation termed out as process of integration and interaction among companies, peopleand government at worldwide level. Enhancement in global interface comes with growth ofinternational trade, culture and ideas (Taylor, Bogdan and DeVault, 2015). This is method thatdriven by international trade and investment and aided by information technology. Henceforth,this term requires interaction investment to develop multinational corporation within worldwideeconomic integration. It leads to enhance foreign direct investment that tends to enhance growthin world trade and also assist to boost technology transfer. The present report is based on business activities of Nestle. It is Swiss multinational foodand drink enterprise that deals in products as baby food, coffee, dairy, bottled water and petfoods. Furthermore, report will cover the activities as to frame aim and objective on the basis ofgiven topic of research, produce project management plan and work breakdown structure todefine stages for completion. Lastly, recommendation and reflection will be given to meet statedobjectives to research. P 1 Devise aims and objectives for chosen topic. Globalisation aids to have greater specialisation and also enables lower price for consumerand reduce average cost. However, it leads to face greater competition within the foreign firm.Thus, it can be stated that Globalisation is one of the crucial components as it leads to groweconomy, technological, socio-political factors. Henceforth, one of the beneficial aspect ofglobalisation is to gain competitive advantage at national and international boundaries. Itenhances government outlays and taxes and also leads to have lower level of corruption ingovernments (Venkateswar and Bandyopadhyay, 2016). Hence, aim and objective will be framedin following manner as- Aim-To explore ways that assist to improve recruitment, selection and training methods tomeet international requirements. With reference to case study of “Nestle”. Objectives- To articulate the concept and significance of globalisation. 1
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To identify challenges to multination corporation to execute the process of globalisationto meet out international requirements. To access beneficial aspects of global trading across the national and internationalboundaries. To provide suggestive measures to come up with better ways to improve recruitment,selection and training methods to have international expansion. P 2 Project management plan that covers cost, scope, time quality.Project management plan is document that termed out as to define each phase toaccomplish the desired outcomes to research. It is inclusive of components as initiating,planning, implementing, monitoring, controlling and closing. Thus, project management plandefined in following manner are as- Project scope- The main aim of report is to identify the impact of globalisation at nationaland international boundaries. Hence, main object is to identify and improve recruitment,selection andtraining of their employees to meet International requirements. In order to achievedesired outcomes, the all task must be accomplished within set deadlines.At this level, numberof activities must be defined and it is inclusive of list as project goals, deliverables, features, task,function and deadlines relate with research activities. This all must be achieve in order to deliverthe successful research project. Cost- Estimation of cost is one of crucial activity to carry out research activitieseffectively. This is core part of project management plan. To carry out this project, research willrequire to have resources so that the cost of project will be estimated as £50000. However, itmust be inclusive of expenses and cost of resources as man, labour, assets etc. Time- In order to get the desired aim and objective of research, it is crucial to getcompleted with st deadline. Henceforth, project activities must be scheduled so that entireactivities can get done within set deadline (Waddell, 2017). Therefore, it must be made up withfocussing over tools as identifying variables, due dates, key information like budget etc. In orderto accomplish all the activities, the researcher will take 40 days. Thus, particular deadline will beassigned to each task accordingly. Quality- It is prime responsibility of researcher to maintain quality results at time ofconducting research. Therefore, research report needs to be monitored and controlled beforeundertaking final submission. Herein, research needs to take process of monitoring evaluation to2
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find out the gap between actual and planned outcomes. It is very crucial to maintain reliabilityand validity of research activities. Communication- This is one of the crucial method and also essential to carry outsystematic working within enterprise. Henceforth, project performance documentation aids toprovide information to stakeholders. Thus, all crucial personal relate with research must havesound communication to undertake research activities effectively. Resources- To carry out research activities, the resources as man, labour and capital playscrucial role to have better and positive outcomes. It leads to carry out research activitieseffectively and efficiently. Henceforth, formulation of better team considered as one of essentialcomponent. Risk management- It is crucial to maintain the reliability of research so that better researchactivities can be carried out. Furthermore, risk management plan must be framed to carry outresearch activities effectively. P 3 Produce work breakdown structure and Gantt chart to provide timeframes.It is defined as Horizontal pie chart that shows the amount of work that needs to carried outwithin certain particular period of time (Waddell, 2017). Henceforth, Gantt chart providesgraphical presentation that aids to plan, coordinate and track specific task in project. Hence,Gantt chart is defined in below manner as- Task ModeTask NameDurationStartAutoScheduledResearch proposal 2 daysWed 2/15/19AutoScheduledAims and objectives4 daysWed 19/2/19AutoScheduledLiterature review5 daysWed 25/02/19AutoScheduledMilestone6 daysWed 25/02/19AutoScheduledResearch methodologies8 daysWed 06/3/19AutoScheduledData collection4 daysWed 18/03/19AutoScheduledData analysis 3 daysWed 22/03/193
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AutoScheduledData interpretation2 daysMon 24/03/20AutoScheduledExecute the plan2 daysMon 26/03/20AutoScheduledSubmission1 daysMon 27/03/20Literature reviewAs per the view of Nardi, 2018 stated that Additionally, globalization allows to freemovement of good, service and people across the world in seamless and integrated mode. Due toenhancement in demand of high technological industry around the world, work as potential forhuge profit that working globally. This is effective in terms to increase economies of scale,scope, innovation and also allows to have faster transmission of technical advancement. Thus,some recruitment model are defined in below contexted manner as are- 4
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