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Managing Projects for Competitive Success

   

Added on  2023-06-14

10 Pages1903 Words219 Views
Leadership Management
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Managing Projects for
Competitive Success
Managing Projects for Competitive Success_1

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Overview of post covid situation, a case study of Tesco:............................................................3
Describing aims and objectives:..................................................................................................3
Aims.............................................................................................................................................3
Objectives....................................................................................................................................4
Designing appropriate Gantt chart and WBS:.............................................................................4
Describing project planning tools and discussing the strength and weakness:...........................6
Reflecting usefulness of project planning tool on post-COVID situation of Tesco:..................7
Describing strength and weakness of project planning tools in postcovid situation and project
of Tesco:......................................................................................................................................8
The risk management process for postcovid preparation of Tesco:............................................8
CONCLUSION................................................................................................................................9
REFERENCES................................................................................................................................1
Managing Projects for Competitive Success_2

INTRODUCTION
Every business organization use project management process to make their firm stable in
any difficult situation, managing project become challenging for company but this provides
competitive advantage in the market. This study is based on Tesco, this company is one of the
largest retail giant who rule over retail industry. This report will discuss overview of the chosen
project and describe its aims and objectives (Boyle, 2017). Later this report will discuss
appropriate project management plan including WBS and Gantt chart and will describe project
planning tools and their strength and weakness and will reflect their usefulness on chosen
project.
MAIN BODY
Overview of post covid situation, a case study of Tesco:
Every business organization need to be prepared to face future impact of COVID-19,
Tesco is one of those companies who focus on continuous improved with innovative practice.
Taking post COVID-19 precaution allow company to be effective when situation become worst,
proper project management plan help Tesco to stay stable throughout the impact. Tesco have
wide range of products and well know for retails goods especially groceries, during COVID-19
impact, company face huge losses and become unstable approx. (Harrison and Lock, 2017). 175
Million euros loss impacted company's stability. Tesco is following every guideline provided by
the UK government and ready to contribute in the betterment of the country. Tesco has starting
losing its share in the market and movement of competitor become biggest challenge. With the
help of post covid preparation, Tesco not only become stable in upcoming impact but this allow
them to get first mover advantage in survive the pandemic. Tesco strategies for recovering of
losses allow them to become strong in high competitive market.
Describing aims and objectives:
Aims
The aim of the project management is to design an innovative project that could aim to resolve
the ongoing problems in the Tesco firm and to develop strategies that could prepare the firm for
future operations.
Managing Projects for Competitive Success_3

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