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Project Stakeholders Assignment - BMW

   

Added on  2020-10-05

10 Pages3085 Words120 Views
UNDERTAKE PROJECT
Project Stakeholders Assignment - BMW_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11. Project Stakeholders ..........................................................................................................13. Ways to ensure that the project meet its organisational objectives....................................24. Resources required for project and sources.......................................................................25. Costing of project ..............................................................................................................26. Consultation of team members in planning and ongoing monitoring project....................37. Measurement of quality of outcomes.................................................................................38. Ways to meet project timelines and financial target .........................................................39. Use of Management tools and reports along with justification.........................................410 Delegation of roles and tasks ............................................................................................411. Designing and development of risk management and contingency plans........................412. Methods used for clarifying roles, responsibilities and lines of authority.......................413. Role of budget as communication and monitoring tool...................................................514. Data collection, record keeping and reporting processes.................................................515. Legislation applied to project ensuring compliance.........................................................516. GST or taxation implications ...........................................................................................517. Project deliverable............................................................................................................618. Review outcomes and processes......................................................................................619. Record Entry.....................................................................................................................6CONCLUSION...............................................................................................................................6REFERENCES................................................................................................................................7
Project Stakeholders Assignment - BMW_2
INTRODUCTIONUndertaking project implies selection and implementation of new and attractive businessideas that leads to success of an enterprise. Various individuals are associated with project whichthey carried out effectively. Key stakeholders are required to be analysed along with theircontribution towards implementation of unique ideas in business operations. In this context, newidea for introduction of electric cars in an automotive industry has been designed for BMW(Kerzner and Kerzner, 2017). It is the German luxury auto mobile, motor cycle and Enginemanufacturing company. The brand usually produces motorcycle under that BMW motored andplug in wide electric cars. An idea for introduction of electric cars is effective because it is lessimplemented by other companies. Apart from manufacturing of Luxurious cars, this companywill develop electronic cars which can also be affordable for middle class people of UK. 1. Project Stakeholders BMW is an international Automotive sector company which widely interconnected withpeople in different countries which helps them in regulation of business operations. Theseindividuals or parties are analysed stakeholders of company such as shareholders, customers,competitors, suppliers and government. Customers are key stakeholders of business that exist inan external business environment (Burke, 2013). For any introduction of new idea of developingelectronic cars, it is essential for the company to analyse information. Suppliers are alsoimportant stakeholders from whom company will get accessories and raw material tomanufacturing products and services. Employees also play an important role in introduction andsuccess new business idea. Government is also another analysed key stakeholder which provideslicenses and permission to BMW. Further, shareholders are individuals whom company hadoffered its shares and they provided financial support to organisation in implementing newbusiness ideas. 2. Role in planning and delivering projectA project manager has the responsibility to set objectives behind implementation of newbusiness ideas. Strategic planning has been accomplished for completion of project. It isresponsibility to deliver the project; task was assigned to project team which is formulated bytop-level management (Schwalbe, 2015). Managers was responsible to communicate outcomesof research which is carried by research team on introduction of new electronic cars. Further,designing and application of appropriate project management standards for incorporation was1
Project Stakeholders Assignment - BMW_3

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