Project Management Plan for Acquisition of ABC Limited and DEF Limited

This assignment analyzes the acquisition of DEF Limited by ABC Limited as a project management plan. It explores the project scope, work breakdown structure, budget, and characteristics of a project manager. The assignment also delves into the project scope statement, outlining the various phases involved in the acquisition process, including initiation, planning, execution, monitoring and control, and closing. The analysis highlights the importance of effective project management in ensuring a successful acquisition, emphasizing the role of a project manager in leading the team, mitigating risks, and achieving the desired outcomes.

SIM335
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Table of Contents
Task 1.........................................................................................................................................3
Introduction............................................................................................................................3
Characteristic of a project.......................................................................................................3
Scope statement and its importance.......................................................................................3
Gantt chart of the particular project and critical path.............................................................3
Factors that can be considered for the particular project budgeting.......................................4
A risk that is in project management......................................................................................4
Methods of quality that denotes the success of the project....................................................4
Conclusion..............................................................................................................................4
Task 2.........................................................................................................................................6
Executive summary................................................................................................................6
Introduction............................................................................................................................6
Project scope...........................................................................................................................6
Work breakdown structure.....................................................................................................7
Budget...................................................................................................................................13
Characteristic of project manager.........................................................................................15
Project scope statement........................................................................................................16
Conclusion............................................................................................................................18
References................................................................................................................................19
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Task 1
Introduction
Characteristic of the particular project is introduced in this task. There can be the different
type of his hopes that are associated with the particular project. These scopes are analysed in
this task. The Gantt chart and the current path diagram are made for a given project
management plan. Budget, risk and the quality methods that are associated with the project
management plan is analysed in this task.
1) Characteristic of a project
The particular project is having the different resources that can be used for completion of the
project. Various steps are involved in the completion of the particular project. The particular
project plan is having a definite life cycle(Davies & Hughes, 2014). Different type of
deliverables is offered in the particular project. There can be different risk and contingencies
that can be associated with a particular project.
2) Scope statement and its importance
The scope of the particular project is quite wide. This is because of the different activities
which are involved in the particular project. The different activities need great research for
accomplishing a project in the efficient manner (Nylen, 2015). The scope of the project is
having its importance as it provides an opportunity to accomplish the task which is associated
with the particular project in an efficient manner.
3) Gantt chart of the particular project and critical path
According to given work breakdown structure, the Gantt chart can be made as: -
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Task/Days 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
A
B
C
D
E
F
The critical path will be as follows: -
Factors that can be considered for the particular project budgeting
The factors that are associated with the budget of the particular project area training the
employees, materials and resources, labours and travel. These are the factors that are directly
associated with the budget. There can be the indirect factors the like administration, insurance
and communication.
5) A risk that is in project management
Different type of risk associated with the particular project management. Scheduling risk,
technological risk, scope risk and resources risk (Davies & Hughes, 2014). Various
constructive methods can be involved in mitigating the different type of risk that is associated
with the particular project management plan.
6) Methods of quality that denotes the success of the project
The particular project it is very necessary to make quality plan. Implementation of quality
plan controlling and monitoring of the different steps can be accomplished in the effective
manner (Horwath, 2012). Documenting the different steps of control can be useful for the
effective controlling of the whole project in an efficient manner.
Conclusion
It can be from this task that project management is it necessary for the particular type of
major activity. It is also concluded that scope of the particular project is wide that is helpful
for effective implementation of the work for the particular project which is being
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accomplished. Quality methods are also helpful for the implementation of a project in an
efficient manner.
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Task 2
Executive summary
Different type of steps involved in the particular project management. Effective project
management plan can be the result only if all the practices are followed in an efficient manner
by the project manager of the particular project management plan. In this assignment, there is
a tuition in which organisation wants to do the acquisition. Acquisition between ABC
Limited and DEF Limited will be accomplished is analysed as a project management plan in
this assignment. There can be personal motives for both of the organisation that can become a
reason for the acquisition of both the organisation. Various strategies and project
management methods will be followed in this acquisition so that there will not any the
situation of contingency.
Introduction
ABC Limited is a retail organisation that used to sell grocery and drinks product to its
customer. This organisation wants its expansion in different parts of the world you can this
organisation wants to increase its sale. Therefore this company thinks of doing acquisitions
with the DEF Limited that is also a good player in the specific industry. John is the senior
employee of the ABC Limited. This organisation had performed different projects with the
help of Client Company. For saving the cost that will be incurred in project management John
is appointed as a senior project manager. Various responsibilities are associated with the
project manager. This is impacting positively on the working and functioning of the particular
project that is being accomplished for the ABC Limited acquisition.
Project scope
There is the wide range of project scope on which is accomplished for the particular project
management program which is discussed in this assignment. Various activities will be
involved in the project management of ABC Limited acquisition with DEF Limited as
discussed in this project. There is also a scope of work breakdown structure that can be made
for both of the organisation so that acquisition process can be accomplished in the effective
and efficient manner. Various steps will be involved in accomplishing the project
management plan. The initiation step is the main step in which the foundation of the project
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is accomplished (Bryson, 2018). Further different type of planning can be accomplished for
the particular project so that there will not be the situation of any contingency that can occur
because of no planning for ineffective planning. Various implementation steps can also be
decided so that overall project implementation can be accomplished easily. A specific budget
can be made for the particular project so that there will not be the situation of failure of a
project because of less budget.
Work breakdown structure
A work breakdown structure is the deliverables that can be given in the particular project. A
work breakdown consists of different activities that are decided for the particular project.
With the help of work breakdown structure, different activities cannot be forgotten. A time
frame is decided for the work breakdown structure. Each activity is having time assigned to
the work breakdown structure (Senge, 2014). On the basis of that work breakdown structure,
the completion of the particular activity is performed. Proper time can be given to the
particular activity so that there will not be the situation in which any activity can be
performed in an effective manner.
The work breakdown structure will be as: -
Activity Weeks Description of Method
involved in the particular
activity
Generating Guiding Principle Week
1
The principle on which the
acquisition will be
accomplished is included in
this step. It is very necessary to
decide the principle for the
formed joint venture of both of
the organisation (Fleisher &
Bensoussan, 2015). This
principle will decide the
working in the functioning
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process of the formed joint
venture.
M&A is defined Governance and another
strategy
Week
2
Different type of strategies will
be developed in the system.
Strategy for the marketing,
strategy for finance, strategy
for operation, strategy for
production, strategy for the
launching new product and
other strategies will be defined
and decided in this step. The
common minimum governance
program will also be developed
in the system by the
coordination of both of the
companies for the formed joint
venture(Fleisher &
Bensoussan, 2015).
Training provided to staff Week
3-4
For the new acquisition
organisation employees are
provided with the training. In
this training, The Vision and
Mission of the formed
organisation will be circulated
among the employees. On the
basis of Vision and Mission of
the organisation, the employees
will work. The working and
functioning of the organisation
will totally depend on
employees of the organisation.
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Therefore it is very necessary
to provide training to the
employees of the organisation.
This is accomplished in this
step.
Charter Creation Week
5
Charter creation is
accomplished in this activity.
Strategies that can be helpful in mitigating risk Week
6
Different type of risk that is
occurring in the project
management plan of
acquisition of both of the
organisation. There can be the
situation in which the risk of
sales, profit can occur to the
organisation that will be a joint
venture. Therefore in this step
different mitigation and
constructive measures of risk
will be developed.
Cultural Plans Week
7
Good ambience is the quality
of the particular organisation.
In the good ambience, the
employees of the organisation
feel free to share the different
ideas that will bring innovation
in the organisation. It is very
necessary for the organisation
that there should be
sustainability in the culture that
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can be followed by the
employees of the
organisation(Trompenaars &
Hampden-Turner, 2011).
Organisational culture plays an
important role in the working
and functioning of the
organisation. In the system,
different cultural strategies that
can be followed in the
organisation that will be a joint
venture will be decided. There
will be the integration of
different culture both the
organisation for the
organisation that will be a joint
venture.
Plans for Communication Week
8
For the effective
communication, it is very
necessary that designing of the
communication plan should be
accomplished. In this activity,
there will be a designing of a
communication plan for the
particular organisation that will
be a joint venture after the
acquisition of ABC Limited
and DEF Limited. This will
bring coordination among the
employees of the organisation
that will work for this
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organisation.
Staffing and Retention Plans Week
9-10
There will be a requirement for
the new employees for the
organisation that will be a joint
venture of both of the
organisation that are in the
acquisition process (Watkins,
2017). The hiring of the
qualified employees for the
particular organisation will be
accomplished in this activity
show that proper functioning
and working of the
organisation can be
accomplished.
Plans for the acquisition project Week
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The various plans and the
actions that are made in this
project management will be
integrated for completion of an
acquisition of ABC Limited
and DEF Limited. This is a
vital activity that can be
performed for particular project
management plan.
Implementing Acquisition Integration Plans Week
12
Implementation of the
acquisition from the very first
day will be the plan for this
activity and implementation of
that activity will be performed
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in this activity (Watkins,
2017).
Lessons that can be learned from the integration Week
13
A lesson can be learnt from the
project management that is
made for the accomplishing.
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Activity/Week Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Week 11 Week 12 Week 13
Generating Guiding Principle
M&A is defined Governance and other strategy
Training provided to staff
Charter Creation
Strategies that can be helpful in mitigating risk
Cultural Plans
Plans for Communication
Staffi ng and Retention Plans
Plans for acquisition project
Implementing Acquisition Integration Plans
Lessons that can be learned from the integration
Budget
A total of 2.5 million pound budget is assigned to this project management. There are
different types of activities that are accomplished which are discussed in the work breakdown
structure for this project (Salas, et. al., 2012). Each of the activity is assigned with the
particular amount that can be invested for completion of the project. The below table shows
the budget that is assigned different activities that are involved in this project management: -
Activity Budget
Generating
Guiding
Principle
£200,000
M&A is
defined
Governance
and other
£300,000
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strategy
Training
provided to
staff
£500,000
Charter
Creation
£200,000
Strategies that
can be helpful
in mitigating
risk
£100,000
Cultural Plans £200,000
Plans for
Communicatio
n
£200,000
Staffing and
Retention Plans
£200,000
Plans for
acquisition
project
£200,000
Implementing
Acquisition
Integration
Plans
£200,000
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Lessons that
can be learned
from the
integration
£200,000
Total £25,00,000
Characteristic of project manager
A project manager is having leadership qualities (Salas, et. al., 2012). This makes the
particular project manager lead a team in an effective manner.
Various skills and competencies are present in the project manager that can be learnt by the
team members that are involved in the project management.
A project manager is having the abilities to tickle the legal formalities for the project. There
is a great role the project manager in the completion of the legal work that is associated with
the particular project. This will be helpful for the acquisition of ABC Limited with DEF
Limited.
Monitoring the different steps that are associated with the particular project is accomplished
by the project manager. It is analysed that all the activities are implemented in a progressive
Manner or not. If there is the situation in which effective implementation of the activities
does not perform that is associated with the project then it is the project manager that makes
Reform so that activity implementation can be accomplished easily.
Risk analysis is also accomplished by the project manager. Steps that can be used for
mitigation of that risk is analysed by the project manager(Salas, et. al., 2012). Furthersteps
are implemented by a project manager. It is always checked by the project manager that
constructive measures for the risk are suitable for the particular risk or not.
Those Steps are included in the particular project that can bring growth and development to
the particular company for which the project is being accomplished(Pemsel & Wiewiora,
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2013). These steps are involved by the project manager in the project management plan in the
efficient manner.
Forming a team for the particular project management plan is accomplished by the project
manager of the particular project management plan.
Project manager uses to assigns the budget to the different activities that are associated with
the particular project management plan. The proper budget is assigned to the particular
activity so that completion of the particular activity can be possible in an effective manner.
The motivation is given by the project manager to the team members of the particular project
manager. This motivation is very helpful for the employees that are working as a team
member of the particular project management team. This helps in completion of the particular
project in the specified time and at the specified cost.
Project scope statement
It is already discussed in this assignment that there is a wide scope for the research of the
acquisition of ABC India Limited with DEF Limited(Popaitoon & Siengthai, 2014). There
are different types of steps that are involved in the particular project management plan. These
steps comprise the whole project. The different steps that are involved in the particular
project management plan can be as follows: -
Initiation
It is an activity that involved set of activities. It is the foundation part of the particular project
management plan that has to be accomplished for the particular process. In this step, the
mission and vision of the particular project management plan are made (Popaitoon &
Siengthai, 2014). According to the Mission and vision, the different forwarding steps are
accomplished in the particular project. This is the important step for any project management
plan to be started.
Planning
They can be the different type of plans that can be made for the particular project to be
accomplished in an effective manner. There are different types of activities that are involved
in the particular project management plan. Therefore it is very necessary to implement define
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the plan for the particular process that is involved in the project management plan. For the
acquisition of ABC Limited with DEF Limited various planning can be accomplished so that
acquisition can be than in an efficient manner.
Risk plan: - there can be the different type of risk that can affect the particular project
management plan. For mitigating such type of risk a plan is made which is called as risk plan
for the project management plan.
Financial planning: - a budget is assigned to the different activities that are involved in work
breakdown structure. Budgeting the different activity is the financial planning which is done
for the project management plan.
Staffing Plan: - it is very necessary that you should be a staff that can control the different
business function and work after the acquisition of both of the companies. Companies are
already having employees. So giving responsibilities to the different employees for the new
organisation will be in this plan. There will also need a new staff that will be hired for this
organisation.
Resource plan: - there are various resources which are included in project management plan.
For the effective management of the project management plan, it is very necessary to use the
resources in an effective manner. With the help of a response plan, it can be easily possible.
Miscellaneous plan: -Different type of plans like communication plan, procurement plan,
quality plan, and project phase review made for the effective completion of project
management plan for acquisition of organisations (Succar, et. al., 2013).
Project execution phase
There are different types of plans that are made for the particular project. In this step
execution of all the plans is accomplished. The implementation of all the planning that is
done for project management plan is performed in this plan.
Project monitoring and control
The implementation of different activities is monitored and controlled by the project manager
in this step. It is very necessary to monitor and control the different activities that are
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associated with the project management plan (Succar, et. al., 2013). This helps in the
effective accomplishment of the project management plan.
Closing
In this step finalising for completing the project is accomplished. It is the last step that is
performed for the particular project management plan in which full completion of the plan is
performed.
Conclusion
It can be concluded from the assignment that project management plan is very necessary for
the acquisition of both of the organisation that is ABC Limited and DEF Limited. Project
management plan will help both of the organisations to do the acquisition in an easy manner.
This will also provide facility to perform the activities in the deadline based method. This
will lead to growth and development of both the organisation for which that position is being
accomplished by both of the organising.
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References
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 Trompenaars, F. and Hampden-Turner, C., 2011.Riding the waves of culture:
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 Watkins, E., 2017. The role of revenue manager widens to focus on profitability.
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