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Managing successful business project - Solved Assignment

   

Added on  2021-02-20

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Managing successfulbusiness project

Table of ContentsRESERACH BACKGROUND.......................................................................................................3LO1..................................................................................................................................................3P1 Aim & Objectives..................................................................................................................3Research questions.......................................................................................................................3P2 Project management plan........................................................................................................4P3 work break down structure, Gantt chart and time frames.......................................................5Network diagram.........................................................................................................................6LO2..................................................................................................................................................7P4 Research methodology...........................................................................................................7M2 The accuracy and reliability of different research methods applied.....................................8D1 the project management process & research methodologies applied. ..................................8LO3..................................................................................................................................................8P5 QUESTINNAIR.....................................................................................................................8P6 Data analysis........................................................................................................................10Recommendations......................................................................................................................14M3 the selection of appropriate tools and techniques for accuracy & authenticity forsupporting..................................................................................................................................14LO4................................................................................................................................................15P7 Reflection .............................................................................................................................15M4 the value of research and also support the learning and performance of the research........15D2 reflective on project outcomes and also support the justification of the learning during theproject outcomes........................................................................................................................15CONCLUSION .............................................................................................................................15REFERENCES..............................................................................................................................16APPENDIX 1.................................................................................................................................17APPENDIX 2.................................................................................................................................19

RESERACH BACKGROUNDGlobalization is generally way to integration and interaction among the governments, peoples,companies over the world. It has multifaceted phenomena, complex where the globalization hasbeen considered so many forms of capitalist that has been expanded and entails the integration ofthe national and local economies into global and unregulated market economy (Eskerod andJepsen, 2016). This present study s based on the ABC fashion sector retail company it is first storewhich is featured to all the lower priced and lookalike and make the products popular. It saletheir products and services to all over the market and also it manufactured all the products bytheir own and it leads to the fashion retailer company worldwide. ABC company has variety ofclothings and fashion accessories. This report will study on the launching the Summer shoe bythe ABC company in London fashion week and make it successful. LO1P1 Aim & ObjectivesAim“To investigate the strategies to be implemented by the company for the launch of SUMMER SHOES in London fashion week. A case study on ABC company”.ObjectivesTo identify the current trends of sales and demands of shoes in London.To analyse the measures to be taken for the success of product launch by ABC company.To investigate the challenges faced by the ABC company at the time of launching the product in market. To provide the recommendations for making strategies to drive the company towards success of the new product launch. Research questions1.What are current trends of sales and demands of shoes in London?2.How to analyse the measures to be taken for the success of product launch by ABCcompany?3.How to investigate the challenges faced by the ABC company at the time of launchingthe product in market?4.What are the recommendations for making strategies to drive the company towardssuccess of the new product launch?

P2 Project management planProject management plan term refers to the documentation which defines when the project hasbeen executed, controlled & monitored as well. It is generally gives all the details and alsosummary of all the given documentation, baselines and management plans of subsidiaries &planning representation as well (Fleming and Koppelman, 2016).Scope:- it is one of the most important step of the project management plan where it isimportant to have a wider scope of the research. When the data & information has been collectedfor conducting research it is necessary that all the data is useful for the present & future of theresearch. Scope of the research is very helpful in academic sector where it helps in gainingknowledge about the current topic and raise the potential to understand the things effectively(Flick, 2015).Risk:- there are various types of risk occurred while conducting this research. Risk areuncertain which arises any of time. It is the responsibility of the researchers to already make theplan to handle the risk and overcome from that. The risk which has been arises are lack ofmoney, theft of information & data, physical injuries etc. Time:- It is one of the essential part of the project management plan where all the thingsgone according to the time planning. It is important to make an schedule for completing theresearch. The time which has taken for conducting this research is 6 months. (Krugman, 2017).Cost:- Cost is one of the essential part of the research without cost it is not possible forresearcher to conduct this research. Cost is one of the beneficial part of project management planwhere lots cost has used for conducting this research and it is helpful in collecting and gatheringinformation and data. It helps in proper research and development about the topic. The costwhich required for completing this research is £4000.Communication:- having an effective communication helps in gathering & collectingthe information & data because it is necessary for conducting this research to have a relevantinformation about the topic. There are various techniques & tools has been used forcommunicating with other such as Emails, telephones, messengers etc (Kerzner, 2017).Resources:- Resources are one of the major things in conducting research. It is helpful inconducting this research and also gives a facility to take the advantages of that. There are varioustype of resources has been used for this research and scholar as well as equipments, laptops,internet, books, phones etc.

P3 work break down structure, Gantt chart and time frames

Gantt chartNetwork diagramM1 a comprehensiveness project management plan milestone schedule & project monitoring for completing the project

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