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Managing a Successful Business Project - SJ Henderson Fulfilment Ltd.

   

Added on  2023-06-18

27 Pages5108 Words94 Views
Leadership ManagementProfessional DevelopmentData Science and Big Data
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Managing a successful
business project
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Managing a Successful Business Project - SJ Henderson Fulfilment Ltd._1

INTRODUCTION...........................................................................................................................3
TASK1.............................................................................................................................................4
PART A...........................................................................................................................................4
P1 Aims and Objective...........................................................................................................4
P2 Project management plan..................................................................................................4
P3 Work breakdown Structure and Gantt chart......................................................................6
PART B............................................................................................................................................8
P4 Research Methodology......................................................................................................8
TASK 2..........................................................................................................................................21
Recommendation..................................................................................................................21
TASK 3..........................................................................................................................................22
Reflection.............................................................................................................................22
CONCLUSION..............................................................................................................................23
REFERENCES..............................................................................................................................24
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INTRODUCTION
Managing a successful business plan is defined as an efficient evaluation of the business
plan in which in-depth analysis of planning, organisation, direction and controlling of different
type of business task is done as to operate business services in successful manner (Ahmed and
Bazakama, 2021). With the help of managing successful business plan, an organisation can fulfil
their aims and objective with the help of required skills and knowledge. Talent management
plays an essential resource for an organisation irrespective of its size and scope that allow
organisation to enhance effectiveness of workforce with an organisational workplace premises.
This helps organisation to utilise talent of employees to fulfil organisational goals and objectives.
Present report is conducted on SJ Henderson Fulfilment Ltd. which is operating its business
operations in the provinces of United Kingdom. In this report, discussion has been conducted on
aims and objective of talent management. Along with this data has been collected with primary
and secondary sources of data cCollection method. Report includes proper project plan, work
breakdown structure and Gantt chart, data analysis, recommendation and reflection.
TASK1
PART A
Aims and Objective
Talent management is a continuous process in which organisation engages in the process
of enhancing employee’s talent and capabilities and further encourage and influence them to
perform better. It is a significant business tool through which SJ Henderson Fulfilment Ltd. aim
towards ensuring more growth and competitiveness in theis industry.
Research Aim-
“To study the best strategies to attract and retain people”. A case study of SJ Henderson
Fulfilment Ltd.
Research Objectives-
To evaluate the concept of Talent management.
To identify the key challenges that can be experienced by SJ Henderson Fulfilment Ltd.
To determine talent strategies SJ Henderson Fulfilment Ltd. use to attract and retain
people.
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Research Questions-
What is the concept of Talent management?
What are the identify the key challenges that can be experienced by SJ Henderson
Fulfilment Ltd?
What are the talent strategies SJ Henderson Fulfilment Ltd. use to attract and retain
people?
P2 Project management plan
Project management plan is termed as a documentation of project that outlines scope,
budget, goal of the business plan and outline project plan requirements (Azmy, 2021). It
assistassists organisation to set a time frame in order to conduct project activities in an
systematic manner.
Cost:
It is basically an overall sum of capital which is required to conduct the project to meet
project objectives and aim. With the help of setting appropriate cost all the activities can be
fulfilled without facing over expenses. Mentioned below total cost to conduct present report is
mention:
Total forecasted budget
Particular 2017-18($)
Implementing technology cost 100
Promotional expense 40
Advertisement expense 60
Catalogues 35
Training charges 65
Total cost 300
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Time:
It is basically a timeline which is set to fulfil all the research objectives. In this every
activity is divided according to the time frame that allow investigator to execute project timely.
To complete present report 2 months of time duration is being framed.
Scope:
Scope is an essential aspect in a project plan in terms of present project. It has been
identified that this research investigateinvestigates talent management strategy through which an
organisation can retain people for longer period of time (Barzantny and Clapp-Smith, 2021).
This indicates that project is having wider scope through which organisation can enhance their
overall productivity and profitability.
Communication:
Communication plays important role through which all the activities and functions can be
conducted in an efficient manner. Inefficient communication lead towards affecting
accomplishment of research in adverse manner (d’Armagnac, Al Ariss and N’Cho, 2021). In
terms of present research investigator will undertake advantage of different form of
communication tools such as email, texts and more to provide essential details to team mates.
Risk:
Risk is a factor that researcher can face in the process of conducting activities.
Investigator can face different type of obstacles that can hamper accomplishment of project in an
effective manner. In terms with present research, risk can be seen in terms of time and more.
However, strategies are required to be framed by investigator to mitigate the risk and fulfil
project in efficient way.
Resources-
There are different types of resources that can be utilised in business for fulfilment of
research objectives. Resources, are mainly consists of organisation assets, human resource and
finance.
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Quality:
It is essential to maintain quality of project. In terms with present research investigator
maintain quality of present research by maintaining proper ethical standards and adhering to
principles of transparency and accountability.
P3 Work breakdown Structure and Gantt chart
Gantt chart:
Gantt Chart is a graphical representation and mainly include series of horizontal lines that
defines overall project schedule. With the help of this tool, project manager can graphically
schedule, plan, track and coordinate project to fulfil project deliverables in an effective manner.
Work breakdown structure: -
It is a project management tool that duly divides different tasks into sub-group through
which fulfilment of research activities can be done efficiently (Dzimbiri and Molefakgotla,
2021). WBS allow investigator to break down research components into manageable parts to
conveniently fulfil all the objectives and task effectively.
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