Managing a Successful Business Project

Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1 .................................................................................................................................................1
P1) Project aims and objective...............................................................................................1
P2) Project management plan ................................................................................................2
P3) Work Breakdown Structure and Gantt chart ..................................................................3
LO 2.................................................................................................................................................4
P4) Small scale research to meet project aims and objective ................................................4
LO 3 ................................................................................................................................................7
P5) Presentation of findings and data using appropriate tools and techniques......................7
CONCLUSION ............................................................................................................................17
REFERENCES..............................................................................................................................18

INTRODUCTION
Management of a business or a project is a critical task which require many skills to
conduct independent research and investigation in order to achieve the business objective and
targets. Equality and diversity have become an integral part of every company because of
globalisation and demographic characteristics of business environment (Bouncken and Reuschl,
2018). Employees from different background and culture are having diversified needs and desire
which might create tension and conflicts in an organisation. Thus, more efforts are needed from
management to avoid confusion and tension in order to establish an atmosphere of equality at
workplace.
For this research work, Argos ltd. organisation is selected which is a catalogue retailer of
United kingdom having its headquarter in Buckinghamshire, England. In this assignment aims
and objective of project are included. A project management plan is also considered in this report
which comprises cost, scope, time, quality, etc. A work break down structure, Gantt chart and a
small scale research is also included in this assignment. At last recommendation and reflection
are also form a part of this project.
LO1
P1) Project aims and objective
Overview of organisation- Argos Ltd. is a well known catalogue retailer founded in
1972 headquartered in England, UK. It is a subsidiary of Sainsbury's and trades through both
physical stores and online. It is one of the largest high street retailer of UK having more then 883
retail shop across different parts of UK and Ireland (Brennan, 2018). Argos Ltd. is know
focusing on expansion of its business operation thus, it has started overseas franchising in
countries like china. With the demographic expansion of an organisation diversity at workplace
started increasing as employees are hired from different locations who are belonging to different
culture and having contrastive characteristics, expectation and aspirations. Thus, it become
necessary for the management to have some equality policy to maintain workplace harmony.
Management of diversity is essential in Argos as it ensure better productivity and performance of
employees through providing equal opportunity and respecting all individuals in workplace
regardless of their race, culture, and birth place.
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Aim
The aim of this research is, “ To identify the issues and challenges that may get arises in
Argos Ltd. out of equality and diversity at workplace and to evaluate the measures and strategies
that can be adopted to resolve these issues”.
Objective
The main objectives and targets of this research are:
 To study the concept of equality and diversity at workplace.
 To identify the challenges and issues that can be faced by Argos Ltd. in maintaining
equality and diversity at organisation.
 To determine the control strategies that can be adopted by Argos Ltd. to deal with
diversity and equality at workplace. To study the benefits of maintaining diversity and harmony for an organisation.
Questions
 What is the concept of equality and diversity at workplace?
 What are the challenges and issues that can be faced by Argos Ltd. in maintaining
equality and diversity at organisation?
 What are the possible control strategies that can be adopted by Argos Ltd. to deal with
diversity and equality at workplace?
 What are the benefits of maintaining diversity and harmony for an organisation ?
P2) Project management plan
Project management plan is the process where it help in identifying the different sources
to help as well as describe the each and every phase of the project in then well define manner.
Along with this there are various components that are included in an appropriate project
management plan are planning, action, initiating, controlling and closing the business activities.
Here are the management plan as it help in organisation like Argos ltd. For better of making
polices (Bryson, 2018).
Cost- This is known as the total amount of money which is used by the firm of
conducting the different activities in a well define manner. Along with this it help providing
estimation and other future forecast for the growth and expansion. There is proper structure
which is describe down below in detail manner (Hajro, Gibson and Pudelko, 2017).
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Total Forecasted Budget
Particulars Amount
Promotion expenses £100
Cost incurred in technology £160
Other Expenses £180
Total Cost £440
Time- This is mainly define as the limited period which is essential for completing a project in
order to fulfill the demand as objectives of the organisation. In this report the time which is
required to fulfil the project is around 10 weeks.
Quality- The quality plays an vital role for conducting the research as this report has taken
genuine information as well as data for completion of the project. This report is conducted on the
basis of primary as well as secondary data.
Risk- There are various kind of risk present in the market as they must be removed by taking
effective measures. The risk which arisen when this research is conducted is lack of time which
resolved by indulging in overtime (Honeyman and Jana, 2019).
Communication- The communication plays an vital role in making quality project as it help in
solving the issues and conflict the effectively manner. There has been regular communication
while conducting this research as it help in both researcher as well as respondent to make
effective decision. There were oral as well written has been used for the completion of the
project.
Scope- There are vast scope in the researcher as well as for the team member because it help in
improving the skills and the capabilities of the researcher effectively. There are different scope in
the future for the investigator.
Resource- The resources plays an vital role in making research successful because without
research the research cannot be successful. The various research elements include funds, assets,
employees and working hours (Minbaeva, 2018).
P3) Work Breakdown Structure and Gantt chart
Gantt Chart: This is known as the graphical presentation of the project which help
in describing the interrelationship between the various activities . Along with this it help in
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providing the information regarding the specific time taken by the company in order to
complete the project. With help of the Gantt chart the project manager have the idea
regarding the performance and time time for completion of the project as it to finsish the
task in time and effectively manner. This is also use to achieve goals and objectives of an
organisation (Northouse, 2017).
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