Implementation of PRINCE2 Project Management Methodology in the Tesco Contactless Clubcard Project

BUSINESS REPORT: IMPLEMENTATION OF PRINCE2 PROJECT MANAGEMENT
METHODOLOGY IN THE TESCO CONTACTLESS CLUBCARD PROJECT
Master in Business Administration (Internship), Block 1
BSS060-6, Project Management
Unit Coordinator & Tutor: Diane Richardson
Unit Tutor: Katharine Brymer
Submission Date: 4th May 2018
MBA (Internship) Student: Sandeep Chemmala Page 1
Student ID: 1722268

Table of Contents
1.0 Executive Summary..................................................................................3
2.0 Introduction............................................................................................4
2.1 Implementation of PRINCE2 Project Management Methodology in the Tesco
Contactless Clubcard Project..............................................................4
3.0 Main Body..............................................................................................4
3.1 Seven Principles..............................................................................4
3.2 Seven Themes...............................................................................5
3.3 Seven Processes..............................................................................5
4.0 Benefits for Implementation of PRINCE2 in the Tesco Contactless Clubcard Project....8
5.0 Issues for Implementation of PRINCE2 in the Tesco Contactless Clubcard Project......9
6.0 Conclusion............................................................................................9
7.0 Recommendations...................................................................................9
8.0 Reference List.......................................................................................10
9.0 Bibliography.........................................................................................12
MBA (Internship) Student: Sandeep Chemmala Page 2
Student ID: 1722268

1.0 Executive Summary
The fundamental point of the paper is to execute PRINCE2 technique to be utilized in a
contactless club card of British general store chain Tesco. Today it is one of the biggest retailers
in the world. Tesco has the most stretched out scope of nourishment of any retailer in the UK.
Tesco plans to improve client unwaveringness and its center UK business keeping in mind the
end goal to help it grows better shopping background for its clients. The main impetuses behind
these methodologies are value, quality, range and development and in addition conveying
phenomenal multichannel client benefit, for instance through its "Snap and Collect"
administration. Tesco has numerous administrations, (for example, Tesco Banks, Tesco Fuel
Stations, Tesco Mobiles, Tesco contract, Tesco charge card and Tesco installments with the
App). The additional estimation of the article is the depiction of applying the standards,
procedures and points of PRINCE2 project administration with the goal that they may be utilized
as a part of the field.
2.0 Introduction
2.1 Implementation of PRINCE2 Project Management Methodology in the Tesco
Contactless Clubcard Project:
PRINCE2 can be considered as an abbreviation for the “PRojects IN Controlled Environments”
that can also be taken into consideration as “de facto process-based” technique for the efficient
project management. This method is used comprehensively by the Government of UK; and
PRINCE2 can also be recognized extensively as well as applied in case of the private sectors
mostly, in both the UK along with internationally. According to Vaníčková, Radka (2017) the
philosophy portrays the standard of setting a task in PRINCE2 Tesco administration, these tasks
investigation the PRINCE2 approach associated with Tesco contactless Clubcard project to
identify and clarifying the vital part and general commitment of an association. Our picked
association is the very much famous market monster 'Tesco'. For our examination, we secured
subjects pertinent to PRINCE2, for example, the various leveled point of view, Tesco's esteem
chain and the client life cycle. We likewise analyzed other applicable components, for example,
the impact of PRINCE2 on the grocery store industry, how PRINCE2 has changed the way the
MBA (Internship) Student: Sandeep Chemmala Page 3
Student ID: 1722268

association works together and how it has empowered the organization to contend, and
furthermore how vital PRINCE2 could make an upper hand for the association. From our
examination it is obvious how critical PRINCE2 is to Tesco, and how useful it has been to those
working inside the grocery store industry by and large. We additionally appear, towards the last
area of the task, how PRINCE2 arrangements can enable Tesco in empowering their client to
benefit life cycle.
3.0 Main Body
It has been demonstrated by Axinte, Sabina-Daniela Petrica, Gabriel & Barbu, Ionut-Daniel
(2017) that Barnes' Iron Triangle was one of the primary endeavors to assess project achievement
in view of time, cost and execution, which were depicted as reliant measurements. In UK, Tesco
has presented a certain number of various variations in order to find its faithfulness card
especially contactless Clubcard involving into the launching of contactless form so clienteles
may just “tap at” for checking-out to the received points. Moreover for the card modifications, it
also has promoted its “Clubcard app” so that the consumers can admittance their coupons for the
purpose of check-out.
Based on Igor V Ilin, Anastasiya I Lyovina (2014) the structure of PRINCE2 technique is
exhibited by the accompanying components:
3.1 Seven Principles – the fundamental decides that supports the administration of a task and
requires to continually tailing them all through the task life cycle.
a) Business Justification
b) Learn from experience
c) Roles and Responsibilities
d) Manages by Stages
e) Manages by Exception
f) Focus on Products
MBA (Internship) Student: Sandeep Chemmala Page 4
Student ID: 1722268