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Managing Successful Business Project Assignment - Vodafone

   

Added on  2020-10-23

22 Pages5191 Words115 Views
MANAGING SUCCESSFULBUSINESS PROJECT

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Establishing project aims and objectives...............................................................................3P2 Establishing management plan .............................................................................................4P3 Work breakdown structure and Gantt chart ..........................................................................7.....................................................................................................................................................8M1 ..............................................................................................................................................8TASK 2............................................................................................................................................8P4 Small-scale research by applying qualitative and quantitative research methods.................8M2 ..............................................................................................................................................9TASK 3..........................................................................................................................................10P5 Research and data using appropriate tools and techniques..................................................10P6 Recommendation.................................................................................................................15M3.............................................................................................................................................15TASK 4..........................................................................................................................................16P7 Reflection.............................................................................................................................16M4 ............................................................................................................................................17CONCLUSION..............................................................................................................................17REFRENCES ................................................................................................................................19.........................................................................................................................................................1

TOPIC: “ Impact of multinational companies on business environment of the domesticcountry”.INTRODUCTIONThe essential aspect of each and every business surrounds the effectual management ofthe business performances. This is the fact that the multinationals regulating worldwide is highlyaimed at the aspect of streamlining as well as establishing the performances of accomplishedbusiness in the most effectual manner (Aguiar and et. al., 2011). This is to accomplish theirtarget goals. In this current paper, the discussion may center on the factors of dynamic inbetween function and processes of the venture. Vodafone is trying to launch their new 5Gscheme in the Ireland and it is going to launch the test sites in Dublin in order to expand theirbusiness in foreign countries as well. Vodafone provides a huge range of communication planswithin the country with beneficial product schemes. As the telecommunication sector is labor-rigorous, Corporate Social Responsibility (CSR) plays an essential role in the management of thetelecommunication companies. Vodafone is one of the international multi-distribution retailbrands of communication in UK; this assignment sheds light on the influence of CSR on theirbusiness. TASK 1P1 Establishing project aims and objectivesAim: “To identify the impact of multinational companies on business environment of thedomestic country”. A case on Vodafone. Research Objectives: To identify role of multinational companies in changing business environment ofdomestic country. To analyse the way multinational companies influence business environment ofVodafone in UK. To determine various ways through which Vodafone can easily survive in the businessenvironment. Research Questions:

What are the role of multinational companies in changing business environment ofdomestic country ?How to analyse the way multinational companies influence business environment ofVodafone in UK ? How to determine various ways through which Vodafone can easily survive in thebusiness environment ? P2 Establishing management planA project management plan assist project manager in order to accomplish the objectivesof the project in better way (Baron,2013). To prosperously succeed a project, the projectmanager needs to have a plan for that project. The project management plan is explained as themethod of the way the management may control, monitor and execute the project. A projectmanagement plan is official as well as developed ways in order to maintain a project. Costs - In order to receive a project as well as to finish it, the project manager ofVodafone needs to contemplate some essential factor of the project. In addition, the cost is themost essential factor of the project. That is why; the project manager of Vodafone, it can becontemplated the cost of the project. For Vodafone, it is required to identify cost for variousaspects on different functions which are related to business. Anticipation of estimated cost willdevelop a effective business plan for the actual implementation of plan. With the help of enter innew market, Vodafone can easily gain high income and profitability in order to smoothly run ofbusiness functions and its operations. The total cost of this project can be distinguished in thefollowing ways:Direct costs: Travel expense, software license, raw materials, consultant fees and labour. Indirect costs: Telephone charge, company insurance, control administration and officespace. The approximate cost required for this project management is the prime concern of theproject manager of Vodafone. That is why; it has been organized an approximate cost for theproject management.ActivitiesCost (£)Time Staff management2001st Month

Implementation of the project1502nd MonthCreating drafts for the plan ofthe projects1003rd MonthUnderstanding CSR valuation3004th MonthTotal 750Time - The project manager when structuring the plan for the project requires totimeframe work related to the project growth life cycle (Clark,2013). The scheduling indulgeswith the allotment of the resources to several tasks of the project in the mapped way. At the timeof preparing the schedule, the project manager requires to decide the duration, ending andbeginning for every activity of the project. For a business project, characteristic of time isessential. Without the proper time, the project manager cannot attain success at the activities ofthe project. That is why; the project manager of Vodafone, it has been organized the time inorder to begin as well as finish the project within the estimated time (Fitzgerald and et. al.,2014). It has been organized the critical path of the project management. The project may besucceeded within 4 months. It is required factor which help them in recognising time that arehelpful in performing each and every activity of the project effectively. In the context ofVodafone, project need necessary time period in order to complete the work or tasks and this willhelp them in completing different functions and activities in given framework. Scope - To finish the project successfully, the manager of Vodafone needs to contemplatethe scope of the project. The scope of the project involves with some essential aspects such asdevelopment, project designing, project planning, hypothesis testing of the project as well asinstigating some software and hardware which is essential for succeeding the project. Moreover,side by side the succeeding of the project also contemplates the drawback of the project which isdangerous for Vodafone project. Vodafone needs to avoid the transformations in taking newplan, transforming the target market and planning.This is used to identify the majoropportunities which are related to project concept in future time period. It will help Vodafonefirm in order to enhance their business operations by giving different types of goods and this willallow them to take benefits of required opportunities. For increasing their scope, they arerequired to provide best quality based goods and services to their buyers effectively. The majorscope of this project is to examine and analyse different opportunities that are helpful in

preparing research project. The aspect that covers in this research is extent of content,development, project designing, project planning, hypothesis testing of the project as well asinstigating some software and hardware. The aspects that is not covered in limitations of thestudy, the specifications about the data, various theories and longer essays.Quality - Vodafone is one of the international telecommunication brands in UK, whichcontributes with various plan and recharge facilities with their exciting 5G networking speed(Lai,2011). The project management delivers a successful plan as it is one of the best ways todevelop a strong relationship in between the business operations and its functions. The mainpurpose of developing project which is provide best services and goods in order to renderrequirement of various customers and maintain high standard of quality products. In the regardof Vodafone, there are different aspects of cultural, economic and ethical factors of globalisationthat will help business in order to make improvement in quality based products as well asfunctional process. The effective quality of respective organisation will assist business operationsin developing quality based goods and services and it will help in reaching with gainingcompetitive advantages. The project managers can ensures their quality with its results andoutcomes as well as feedbacks acquired from users. Also, assure that product, services shouldmeet the consumers expectation. Communication - It is the most important section of the project management forVodafone. The manager of the project needs to manage communication with the parties based onthis of the project on a regular basis. Vodafone will maintain a routine of monthly assembly. Allworkers involving with the owners of the project and subgroup clients are engaged in the CC listfor presenting the assembly agendas and notes (Livingstone,2012). Moreover, the primestakeholders of the company will also be kept abreast of the working team with the aid of theirtypical working team. That is why; the project manager of Vodafone needs to manage thecommunication with their stakeholders and employees as well as the general members who areincorporated within this project on a regular basis. Effective communication of staff memberswill provide great advantages to the respective firm that assist in recognising loopholes thatimpact on company success and growth. An effective communication and coordination caneasily lead towards finish the whole project in better manner. Respective company cancommunicate with their partners through communication channels, social media,

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