Unit 6. Managing A Successful Business Project : Assignment

Unit 6
Managing A Successful
Business Project

INTRODUCTION.......................................................................................3
DEVISE PROJECT AIMS AND OBJECTIVES FOR A CHOSEN SCENARIO. ........................4
PRODUCE A PROJECT MANAGEMENT PLAN THAT COVERS ASPECTS OF COST, SCOPE,
TIME, QUALITY, COMMUNICATION, RISK AND RESOURCES. ...................................5
WORK BREAKDOWN STRUCTURE AND GANTT CHART FOR THE PROJECT....................7
SMALL SCALE RESEARCH BY APPLYING QUALITATIVE AND QUANTITATIVE METHODS...10
DATA ANALYSIS AND INTERPRETATION.........................................................12
RECOMMENDATIONS...............................................................................16
IMPORTANCE OF UNDERTAKING THE RESEARCH TO MEET STATED OBJECTIVES...........17
CONCLUSION........................................................................................17
REFERENCES........................................................................................18

INTRODUCTION
Managing of projects is a process which starts with planning of project and finished at
completing of pre-set goals and objectives of project. Whereas, globalisation is a process in
which integration between nations increases that also includes trading of goods and services
across the boundaries. It also supports the organisation in expanding its brand image at
international level through determining market conditions and its complexities. In reference with
this project, a researcher is hired by firm who will conduct the research for company's
globalisation. Present assignment is based on British Telecom that is engaged in communication
sector and provides its services throughout the world. This report will discuss about objectives
and aims of projects along with project management plan. Several kind of research methods, data
collection method along with some recommendations will also be provided at the end of research
which defines company should globalise its business or not.
Positive influence of Globalisation in general to the businesses in the UK.
1. Economic impact: Economic development of nation highly depends on the contributions
of several firms which are operating within the nation in form of job possibilities, vast tax
duties to government. It is main reason due to which government of specific nations
provide invitations to multinational organisations for making economic development of
nation.
2. Cultural impact: Company is operating its operations at global level because of which
there are several individuals of different culture works together in workplace which
makes easier for company in globalising their operations in different nation effectively.
3. Ethical Impact- Ethics can be defined as beliefs, norms and rules of an organisation
which should be followed by each firm effectively while performing its business
operations globally. By doing these organisations will able to successfully expand their
business operations.
Devise project aims and objectives for a chosen scenario.
Background of Research - British Telecom is a well-known firm which operates its
function at multinational level and offers telecommunication services in across 180 nations.
Company has gained high end growth and success at global level but now management of firm
wants to make strong presence in those market areas where telecommunication companies are

low in number. As company wants to expand its market share then it is very important for them
to take support from various divisions of firm that are defined as follows:
Operations: As company wants to make expansion then they have to analyse each
activity that is increasing cost of operations for which they have to take support from operations
department so that unessential functions can be determined and removed. Through this, company
will be capable in supplying products and services at affordable prices to new users at new
market.
Marketing: This department provides adequate support in form of spreading information
about offerings of firm in those countries where firm wants to make expansion. For it,
management of firm have to provide satisfactory funds to marketing department so that
customer's needs and wants in operated nation can be identified effectively (Voegtlin, Patzer and
Scherer, 2012).
HR: This is the department who have liability to hire talented and experienced employees
for the firm who have knowledge about the different cultures and backgrounds. With the help of
it, company will be able in getting suitable growth in new marketplace within a small time
period.
Accounting: During expanding operations a lot of transaction would be made by
different divisions of firm which are very important to record in books of accounts so that
available reserves and expenditures can be identified properly. This work can be possible
through taking support from accounting department which automatically leads British Telecom
towards successfully expansion in global market.
Aims of Project
To identify the influence of globalisation on the functions of an organisation. A case
study on British Telecom.
Objectives:
 To conduct an investigation over globalisation and its influences.
 To examine different organisational function through primary and secondary data.
 To determine the most suitable approach through which British Telecom can expand
globally.

Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
It is a blue print which guides the managers that how project will be executed, regulated
or completed. In other words, it is detailed statement that includes baselines, time-frames and
other aspects which helps investigators and project managers in completing project within the
given time-frame. Apart from that, it also includes several aspects which should be consider by
project managers so as to completing the project successfully. These aspects are given as below:
Cost - It is an important aspect which should be consider by project managers of British
Telecom while expanding business. For successfully expanding operations several things should
be required by British telecom like advancement of technology, hiring of employees etc.
Therefore, it is very important for project managers to form adequate budget which provides
support to employees in investing amounts as per the budget. For successfully expansion,
management have estimated an amount of 45000 pounds whereas, researcher has requested an
amount of 50000 pounds from the management of firm so as to conducting research effectively.
Total Forecasted Budget
Particulars Cost
Promotional Expenses 8000
Advertisement Expenses 5000
Technology Implementation cost 12000
Training Charges 25000
Total 50000
Scope - This aspect is concerned with expectations of organisation that they will achieve
benefits after making expansion of firm at international level. Due to having large presence,
company have broad scope in the new marketplace where they want to expand which will be
helpful for them in making successfully expansion. Whereas, through this research researcher
will be able in getting knowledge about the globalisation concept that will be beneficial for them
in executing further research programmes (Pieterse, 2015).
Quality- Customer-base will automatically increases when quality offerings will be
provided by British Telecom in new marketplace. For increasing customer base company can use