Managing a Successful Business Project

Managing a Successful
Business Project

INTRODUCTION
Management of a business is a vital task that require proper coordination in all the
activities of an organisation for achievement of defined objectives. With the increase in
integration between different countries and culture, management of a business become more
critical as extra efforts are needed to mange the equality and diversity at work premises. The
phenomenon of equality and diversity at workplace can be defined as promoting equal
opportunity for all staff members belonging to diverse culture and nation to achieve their
potential (Bouncken and Reuschl, 2018).
For this research and assignment, Aviva plc is selected which is a British multinational
insurance company having its headquarter in London, UK. This organisation is having around 33
million customers in more than 16 countries of world. This report mainly consists aims,
objectives and timeframes of the selected project and a comprehensive project management plan
is also included in this report. A small scale research and different techniques of data collection
are also included to generate the knowledge about the topic. At last, this assignment also consists
appropriate recommendation and reflection.
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P1) Project aims and objectives
Project aim provides information about long term intension of a project while objectives
are the specific statement that are used to measure the success and effectiveness of a project.
Both aim and objectives are set to provide guidance and to coordinate the efforts the employees
and various teams in one direction to achieve the desired outcomes on time (Brennan, 2018).
The organisation selected to perform this research work is Aviva plc. It is a British
insurance company having its headquarter in London, United Kingdom. Aviva Plc is one of the
largest general insurer of UK and it is also a leading pension provider of London. Operations and
customers of Aviva are distributed in more than 16 countries of world and are having about 33
million customers. Aviva is also focusing on expansion of its business in markets of Europe,
Asia and China. Being a multinational organisation the customers and employees of Aviva plc
are from different culture, background and nations, thus many challenges are faced by Aviva plc
to mange Equity and diversity in its organisation. Management of equity and diversity is
necessary to create a positive atmosphere through providing equal opportunity and chances to all
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employees free from all prejudice and discrimination to achieve the highest level of their
performance and potential (Bryson, 2018).
Aim
Aim of a project or research shows the main purpose or reason of the research and study
which should be clearly defined (Pleasant, 2017). The main aim and focus of this research work
is, “To create and implement the strategies and polices to design and develop a diverse and
inclusive workforce in Aviva plc”.
Objectives
Objectives are the specific statements which that define the main goal or purpose that a
organisation or project desires to achieve in a definite period of time and with the effective use of
available resources (Hajro, Gibson and Pudelko, 2017). The main objectives of this research on
Alva plc are:
 To study and evaluate the knowledge about the concept of equality and diversity in a
workplace.
 To identify the challenges and issues which are faced by Aviva plc because of increasing
diversity in organisation.
 To investigate the strategies and initiative that can be designed, developed and
implemented by Aviva Plc to build an inclusive and diverse workforce (Rao and Roberts,
2018). To evaluate and identify the positives outcomes of equality and diversity in a workplace.
Questions
 What is the the concept of equality and diversity in a workplace?
 What challenges and issues can be faced by Aviva plc because of increasing diversity in
organisation ?
 What strategies and initiative can be designed, developed and implemented by Aviva Plc
to build a diverse and inclusive workforce?
 What are the positives outcomes of equality and diversity in a workplace?
P2 Produce a project management plan
Project management plan is regarded as one of the most essential phase in a research
study as it provide proper guidance or direction in order to accomplish desired goal or objective
in a most efficient and effective way within prescribed time limit. Along with this, it involves
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various factors like cost, resources, communication, risk and many more that lead a researcher to
produce a accurate and authentic report in a stipulated time period within competing
marketplace. In regard of this project, an investigator takes an initiative in developing project
management plan which is explained below:
Cost: This component is viewed as foundation for processing a particular project or
research as it relate with estimating or ascertaining the expense which incur during the execution
of project (Kane, 2017). However, in relation to this report, researcher makes an effort to
examine market trend or situation and based on that they make a appropriate action in gathering
required funds. This is because, it enable surveyor to conduct research effectively without nay
hindrances and shortage.
Scope: In this, it states the overall performance of a specified project within existing
market. Due to the intense level of growth opportunities in current industry, it provide wide
range of scope for this research as it assist investigator to impose novel or innovative ideas or
techniques for the completion of task in a appropriate time duration.
Time: It is the element which is relate with duration or time period for completing the
particular task in a better manner. However, in context of this project, researcher takes an
initiative to understand and analyse the current condition of business environment. Due to
which , investigator was able to identify the time limit i.e. 2 months of time duration for finishing
this report in a effective manner.
Quality: It is foremost competence in a every research as it directly relates with
sustainability and efficiency of a specified research among other competitors. Hence, in relation
to this research, researcher adopts all relevant and accurate data which lad them to generate
positive response within the mindset of targeted population and also improves the overall
performance of report.
Resource: Under this element, it comprises land, labour, capital, human resource which
is required to achieve its desired goal or objective in an improved manner. In regard of this
project, it make use of all available resources that lead them to develop accurate and relevant
report among existing marketplace (Byrd and Scott, 2018). Moreover, surveyor utilises different
techniques to hire talented and skilled workforce who is able to put their best contribution for an
attainment of qualitative research in a stipulated time limit.
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