Managing a Successful Business Project

This presentation discusses the importance of managing a successful business project and explores the development of project aim and objective, project management plan, Gantt chart, and work break down structure. It focuses on the case of Marks & Spencer, a British multi-national retail organization.

MANAGING A SUCCESSFUL
BUSINESS PROJECT

TABLE OF CONTENTS
PART A
Introduction
Develop of project aim and objective
Development of project management plan
Explanation about Gantt chart and WBS
CONCLUSION
REFERENCES

INTRODUCTION
Business or organisations are increasing their number of operations and
functions to sustain and retain in market for longer period through
conducting an effective research. Majority of the project are formulated
on the basis of research for formulating new and innovative business
ideas. The main aim to conduct a research is to organise and manage all
business projects of organisation successfully. This report is written from
perspective of Marks & Spencer which is a British multi-national retail
organisation.

Develop aim and objective of project
In the global competitive world competition among the organisation is increasing
day by day due to which it is mandatory for all large business houses to formulate
there aim according to international market. M&S operate business among
several countries so large number of employees who belong to different culture
are engaged in organisational operations. Therefore, to improve the overall
productivity management promote equality and diversity policy which is also
beneficial for organisation to overcome from the current employment
engagement issue by building an inclusive and diverse workforce. It results all
operations are performed by respective organisation in effective manner.

CONTINUE…
Project- The term project refers to the series of task which are designed and
completed to accomplish a specific outcome. A project is majorly concerned
to define and develop a set of particular inputs and outputs which leads
Marks and Spencer to accomplish their particular goals. Moreover, the
projects which are designed by management are managed by assignation of
large number of employees.
Project management- It refers to the way that is managed and organised all
essential resources that are required for completing the project in effective
manner. Individuals who are responsible for managing resources are
recognises as project manager. In context of Marks & Spencer management
decide their project that work as a procedure which start and end with goals.

CONTINUE…
Aim
“To determine strategy and initiatives which are implemented by
organisation for the development of inclusiveness and diversity of workers for
enhancing overall productivity of organisation.” A study on Marks & Spencer.
Objective
 To increase in the knowledge related with equality in Marks & Spencer.
 To examine all perspective that encourages overall workforce efficiency of the
workforce.
 To ascertain the advantages of building diversity in internal premises of M&S.
 To undertake and study all those strategies which are related with the impact
of diverse workforce in organisation.

DEVELOP OF PROJECT MANAGEMENT
PLAN BY UNDERTAKING ALL ESSENTIAL
ASPECTS
Project management plan contain all details which are related with each
action and phase of project in the form of a document. Planning, Executing,
monitoring and controlling are the key aspects of project management plan
that are used by the organisation for accomplish its goals and objectives
effective manner. Project management plan also plays a significant role for
ascertaining the project to develop right outcomes in organisation.
Moreover, the benefits for project management plan are as follow:
 It helps to formulate scope, budget and schedule for each phase of
project.
 Resources and methods which are related with business must be arranged
in sequential manner.
 The possibilities to accomplish organisational goals and positive
outcomes is directly increased.

CONTINUE…
 Scope- The term scope refers to nature of all resources which are utilised
in accurate manner to attain organisational goals and objectives. Scope is
more beneficial for management because it leads management to
understand the successful outcomes from future perspective. This also
refers that there are better results are gained by management by analysing
scope of company and its projects. Moreover, project manager enhance
and utilised skill that are related with data and research such as analytical
and research skill.
 Communication- In the present scenario, all task and
operations which are performed by organisation are placed at different
level.

CONTINUE…
Quality- Information are gathered from essential information assortment
strategy for their examination work. Alongside this subjective methodology
is utilized by agent for their exploration work. It essentially centre around
quality which is a positive imprint for the organization. By doing so
enormous clients is pulled in for the undertaking and related data. Different
quality control methods can be utilized by the scientist with the goal that
genuine and solid sources are utilized so as to gather data so the nature of
the task can be expanded. Quality control outline, stream diagram and so
forth can be utilized by the analyst to check the nature of work. Quality
control chart work as an effective tool that is used for maintaining quality of
project. With the implement control chart all information presented by
management in a graphical form. This result it is easy for management to
regulate work and its performance for the completion of specific project.

CONTINUE…
Crises/Emergency
Description
Tendency of risks to happen Risk Avoiding Techniques
Ineffective use of information Average With the use of appropriate
planning tools it is easy to
conduct research that helps for
using data in appropriate
manner.
Ineffective management of
tools
Average This is complex and
challenging for the firm to
resolve all problems
appropriately.
The inappropriate time
management
High With the implement of WBS
properly it is easy to complete
project properly.

EXPLANATION ABOUT GANTT CHART
AND WORK BREAK DOWN STRUCTURE
Gantt chart- The Gantt chart work as an effective bar which is used for
illustrating the schedule for the project. Along with this with implement of
Gantt chart it is easy to show and formulate better activities due to which all
task are completed as per schedule. This is utilised by the project manager to
show right information about all task and phase of project to complete each
activity in accurate manner as per decided time period.

CONTINUE…

CONTINUE…
WBS- Work break down structure works as an effective tool for
project management plan which helps for flouting down a project in
small components. It is also used for simplifying execution of
project into managerial small areas. This is also helping the
organisation for organising and managerial projects in proper
manner. Along with this by utilising the work break down structure
an organisation assign all responsibilities in proper manner that
estimate time, cost and risk aspect properly for completing project as
per desired outcomes.

CONTINUE…

CONCLUSION
From this report it can be concluded that equality and diversity among workers is very
important at a workplace as it help ion increasing the coordination and cooperation
among the employees and also help in increasing their performance. Equality is
important so that the confidence of employees can be boosted as they are treated
equally whereas diversity can help in increasing innovative and varied ideas so that
problems in company can be solved in an efficient manner. Companies can take various
initiatives like performance appraisals, training and development programs, rewards,
improvement in recruitment policies, employee engagement etc. so that a culture of
inclusiveness and diverseness can be created in company.

REFERENCES
Ng, E. and Rumens, N., 2017. Diversity and inclusion for LGBT workers:
Current issues and new horizons for research. Canadian Journal of
Administrative Sciences. 34(2). pp.109-120.
Menkel-Meadow, C., 2017. The many ways of mediation: The
transformation of traditions, ideologies, paradigms, and
practices. Foundations of Dispute Resolution. 1.
Loseke, D., 2017. Thinking about social problems: An introduction to
constructionist perspectives. Routledge.
Lopez, S. J., Pedrotti, J. T. and Snyder, C. R., 2018. Positive psychology:
The scientific and practical explorations of human strengths. Sage
Publications.