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Managing A Successful Business Project

   

Added on  2023-01-06

23 Pages5187 Words1 Views
Leadership ManagementProfessional DevelopmentMaterials Science and EngineeringPolitical Science
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UNIT 6 Managing A
Successful Business
Project
Managing A Successful Business Project_1

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1 Aim and objectives................................................................................................................1
P2 Project Management Plan......................................................................................................2
P3 WBS and Gantt chart ...........................................................................................................4
P4 Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives...........................................................................................5
LO3..................................................................................................................................................8
P5 Data Interpretation.................................................................................................................8
P6 Recommendations................................................................................................................14
LO4................................................................................................................................................15
P7 Reflection.............................................................................................................................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
Managing A Successful Business Project_2

INTRODUCTION
Equality assures equal rights and opportunities to every individual irrespective of their
culture, race, colour, religion and any other characteristics. While if it is talked about diversity, it
is defined as a concept in which workplace of an organisation have employees of different
attributes, age, gender, sexual orientation, ethnicity and more (Hassandoust and Díaz Andrade,
2020). Implementing equality and diversity practice lead an organisation to have positive and
healthy workplace environment for all. It further increases productivity productivity and
performance of employees at great extent.
Present report has been conducted on Sainsbury's, entity is operating their business
services in retail industrial sector and was founded in the year 1869. With having more than
116,400 employees respective organisation is operationg their business functioning in different
geographical locations. This makes entity to effectively embrace equality and diversity principles
in their workplace structure as to gain more competitive advancements and employees loyalty. In
this report formative discussions has been conducted on project aims and objectives, project
management plan and research methods. In addition to this report also include analysis of
findings, reflection and conclusion and recommendations.
LO1
P1 Aim and objectives
Research Aim: To identify the influence of Gender pay gap on productivity of employees in an
organisational premises.” A case study of Sainsbury's.
Research Objectives:
To explore the notion of equality and diversity at organisational workplace.
To determine the effects of gender pay gap on staff productivity. To identify the different measures through which the issue of gender pay gap can be
addressed.
Research Questions:
What is meant by the notion of equality and diversity at organisational workplace?
What are the effects of gender pay gap on staff productivity?
Which measures can be taken through which the issue of gender pay gap can be
addressed?
1
Managing A Successful Business Project_3

Literature Review
Notion of equality and diversity at organisational workplace
According to the view point of Elia, Margherita and Secundo, 2020, equality and
diversity aid an organisation to ensure that each and every employee is getting equal treatment
and opportunities in workplace without facing any form of discrimination on the basis of caste,
religion, colour, age, race and more. By practising and enforcing equality and diversity with
organisational workplace structure entity can maximise employees satisfaction level,
performance rate and growth.
Effects of gender pay gap on staff productivity
As per the view of Einhorn, Meredith and Marnewick, 2020, gender pay is a practice in
which there is average difference among wages or remuneration of male and female staff
working on same position. In this, women employees are mainly considered to be paid
comparatively less than male employees. Organisations those who are facing this issue face
different adverse impacts upon performance of employees productivity of organisation, dis-
satisfaction among workers and more. In addition to this, it also reduces brand image of
company in market segment that also lower down perception of consumers towards company.
Measures through which the issue of gender pay gap can be addressed
According to the view point of Sońta-Drączkowska and Mrożewski, 2020, gender pay
gap will lead entity to face many negative issues in their workplace structure that further affects
productivity and performance of employees at great extent. Along with this, it also impact
adversely upon brand image of company among consumers which affects profit generating
capability of entity. Thus, it is essential for company management to have transparency and
assure that all the legal compliances are being followed properly in organisation in order to make
sure that women and male employees are getting equal treatment and opportunities. This will
ensure long term sustainability and profitability of company in organisational workplace
structure.
P2 Project Management Plan
Project management plan acts as a formal document in which all the guidelines is being
mentioned that are required to be undertaken in order to execute project activities in systematic
2
Managing A Successful Business Project_4

manner within given frame of time. Mentioned below there are different elements of project
management plan is being defined:
Cost :-
It is defined as an estimated value of money which is going to be spent on project completion. It
is an important aspect of project management plan which assure execution of all the activities in
given framework of time (Ireland and Statsenko, 2020). As to fulfil present project requirements,
£60,000 is being estimated.
Scope :-
This factor or project planning include determination and documentation of list of
particular project functions, goals, tasks, deliverables, features, deadlines and ultimate costs
(Trewin, 2020). All these elements are being effectively considered by project manager of
present research in order to fulfil project requirements while assuring maximum success.
Quality :-
It is one of the most important aspect for any project as it strengthen quality of a project
in effective manner. In terms with present project, if has been evaluated that project manager of
research effectively make sure that all the related stake-holders group of project is satisfied
(Edwards, Vaz Serra and Edwards, 2020). Along with this, unnecessary activities of project is
being eliminated in order to ensure effectiveness and quality of research.
Communication :-
It is an essential component which is required to be strong in order to accomplish project
with higher efficiency (Michalak and Rysavy, 2020). It has been determined that, as to fulfil
present research requirements Sainsbury's will undertake use of telephone, social media and
advertisements measures for communication.
Risk:
Risk is a major factor which is having maximum impact on research outcomes. In context
with present research, project manager evaluate every associated risks such as sources of funds,
informations from authorised resources and more and undertake precautionary strategies as to
eliminate these risks and increase project efficiency (Muhsin, 2020).
3
Managing A Successful Business Project_5

P3 WBS and Gantt chart
Work Break down structure:
It is mainly a deliverable-oriented breakdown in which project get divided into smaller
parts. With the help of this project activities can become manageable in estimated period of time.
With the help of WBS, complexity of projects can manageable into simpler manner (Graves and
Anderson, 2020).
Gantt chart:
It is a form of bar chat and defined as visual view of tasks which is being used to plan and
schedule projects of all size (Stephenson, 2020). With the help of this researcher can undertake
resource planning, team communication, project progress in effective manner.
4
Managing A Successful Business Project_6

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