MANAGING SUCCESSFUL BUSINESS PROJECT.

MANAGING SUCCESSFUL
BUSINESS PROJECT

Introduction
Globalisation refers to ongoing process under that world appears to converge
economically because of free flow of products, people, services across boarders which
develop among world economies. It is process by which the economic, cultural, institutional
and geographic distance among different countries seems to be shrink. In this, Globalisation
is economic concept that goes through easing movement of the people and products across
boarders (Ardichvili and et. al., 2012). It is main procedure of global integration arising from
an interchange of views of people related with ideas, products and some of the other culture
aspects. The given report depends on the British Telecom and this deals in telecommunication
holding organisation. This company operates in more than 180 countries and also a biggest
provider of mobile services, broadband etc. In given report will be discuss regarding
different aspects which is essential in creating the project management plan like costs, scope,
quality etc. Primary and the secondary method of the data collection will used under this
report to gather relevant and accurate information concerned with the particular field.
Globalisation positive effect the businesses in United Kingdom
1. Economic Impact- In this, globalisation is helpful in minimize high inflation rate by
providing high quality of products to consumers. Foreign Direct Investment develop
positive impact on growth of United Kingdom country, and it will help in increase
trade. In addition to this, globalisation helps in increasing economic integration with
an interdependence of technology and products.
2. Cultural Impact- In globalisation, culture is explained as the transmission of ideas
and values in world in such as manner to extend as well as increase the social
relations. It develops the positive effect of the globalisation to British Telecom
business by attaining the global attention. It is helpful in develop interaction among
the various culture of different countries (Crane and Matten, 2016).
3. Ethical Impact- Ethics is explained as the moral principles which can govern the
behaviour of an individual to conduct an activity in an effective manner. When
company conducting its business at global level and it take care about the ethics then
it will help in develop the positive impact on society.
Background of the Research
Globalisation refers to process of international interconnection and integration
between individuals, governments and firms of various countries. It has linked with the
international business as it includes all commercial transactions that taken place among two
or more than two different countries for an instance transportation, sales and investments.

British Telecom is large organisation and this gives the mobile, broad-band services etc. to
people of many different countries (Friedman, 2017). This company is responsible for around
25 million of telephone line in UK. It is an international corporation that owns as well as run
many telephone exchanges, local loop connections, trunk networks etc. This firm is globally
successful because its focus on fulfil needs of consumers and also its enhanced target market.
British Telecom has different function and impact of globalisation on these functions are
mention below:
Operations- The operation function is responsible to assure that the orders of
consumers are filled on the proper schedule. It covers managing the manufacturing rhythms
and also syncing the production timelines with effective availability as well as delivery of
required materials for the manufacturing. So, if British Telecommunication will conduct the
business internationally then its business operations will be enhanced, and it can performs its
business in many different countries.
Marketing- Globalisation is having effect on marketing function. Through this,
marketing department of British Telecommunication can make its service available more.
Through globalisation, company can able to target the new market for maximising sales.
HR- Human resource is a main function of British Telecommunication organisation
and its main focus is on hiring well qualified employees who can perform the operations of
business at international level (Grayson and Hodges, 2017). On the other hand, HR will give
training to employees for enhance their skills and also finds ways to communicate with
international clients.
Accounting- This function is responsible for recording as well as reporting cash flow
transactions of an organisation. Relation between positive economic impact and accounting
function about determination of actual amount of expenses and revenues that can be earned
by British Telecom at the end (Gurung and Prater, 2017).
Aims
“To identify positive economic, cultural, and ethical impacts of globalisation on
different business functions”. A study on British Telecom.
Objectives
 To determine globalisation concept.
 To evaluate benefits of globalisation to business of British Telecom.
 To identify positive economic, cultural, and ethical impacts of globalisation on
different function of British Telecom.
Research Plan

Project Title “What are the positive economic, cultural, and ethical
impacts of globalisation on different business functions
within an organisation.”
Project Plan
Company Name: British Telecom
Cost It refers to estimation of the amount that is required to
conduct the activities of project and also complete them in an
effective manner (Kennedy, Welch and Monshipouri, 2017).
In context to prepare project management plan and executing
it, there is a need to British Telecom to manage money. In
addition to this, cost is encompassing various things such as
resources, estimation of risks, labour cost etc.
The cost of this whole research project will be £12000.
Particulars Amount
Initial investment 100000
Expenses:
Research and developmental
activities
25500
Operational expenses 15600
Cost to IT experts 21500
Maintenance 16400
Licensing fee 6000
Closing value 15000
Scope British Telecom is a large business firm and it provides the
telecommunication facilities to people in United Kingdom
and many other countries. Its scope is wide because its focus
on making the business globalise. In addition to this, motive

of British Telecom is to make the business globalise and also
target the large market and also increase market share.
The scope of research project is that it helps in enhancing
skills and knowledge base of a learner so that it can not face
any kind of issues in future. It is helpful in give proper
explanation regarding particular field.
Time Under this, time is required for complete activities of project
and get valid outcomes. (Lawrence and Weber, 2014). For
finish project, proper time should be required. In case if time
management will not be proper then employees are not
perform all activities concerned with project management
plan in an effective way. On the other hand, time required to
develop the deliverable and complete project will be 15 to 45
days. This research project will be completed in 60 days.
Quality It is major aspect that a project manager require to include
because if the quality of project will not be properly
maintaining then outcomes will not be beneficial (Lim and
Tsutsui, 2012). This is necessary that manager should be
focus on making quality of project better for getting positive
outcomes and taking the effective decisions. Under this, the
quality of research project is high because the researcher
collect authentic and reliable information regarding
particular subject. The better information helps in getting the
positive outcomes.
Communication In project management plan, it is necessary aspect and there
is a need to involve all the stakeholders and they should be
connected with the each other’s. British Telecom use various
ways to communicate with its stakeholder and these are
telephone, emails etc. To communicate about the specific
project, researcher will use the email.
Risk In project, risk develop the negative impact on activities. It
can be related to the technology, money etc. While executing
project management activities, change in technology create