Managing Successful Business Projects: A Nestle Analysis

Desklib provides solved assignments and past papers to help students succeed.

Managing a Successful Business Project
1

Table of Contents
LO1 Establish project aims, and timeframe based on the chosen theme.........................................3
P1. Devise project aims and objective for the chosen topic managing a Successful Business
Project..........................................................................................................................................3
P2. Produce a project management plan that covers aspects of cost, scope , time, quality,
communication, risk, and resources.............................................................................................6
P3. Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion..............................................................................................................................6
LO2 Conduct small-scale research, information gathering and data collection, generating
knowledge to support the project...................................................................................................10
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives.................................................................10
LO3 Present the project and communicate appropriate recommendations based on meaningful
conclusions drawn from the evidence findings and or analysis....................................................15
P5 Analyse research and data using appropriate tools and techniques......................................15
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions.....................................................................................26
LO4 Reflect on the value from conducting the project and its usefulness to support sustainable
organisational performance...........................................................................................................26
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance.........................................................................................................................26
Appendix I.....................................................................................................................................29
Appendix II....................................................................................................................................32
2

LO1 Establish project aims, and timeframe based on the chosen theme
P1. Devise project aims and objective for the chosen topic managing a Successful Business
Project
Project Description
Business project management is referred by the impact in management of business project. To
shine in the rivalry environment by getting help of the combination of plentiful plans and
excellence assessment of the Nestle. A business project is mainly organizing by the content or by
the purpose. A business project is separate with individual organizations and it typically aligns
with Nestle objective. Business project is dived by three categories such as strategic, operational,
and recurring. Nestle choose the business type by liable on the processes of business and the
attendance of market. To satisfy the client’s needs, shareholders requirement and Nestle
economic profits, an impactful plan of business project is designated.
Globalization
The technology forecast, information and products transversely the global boundary inattentive
of social changes refers by globalization. Globalization mostly refers to many nation
interdependency across the global through trading in free of cost practice (Steger, 2017).
Globalization is a vital feature for high occupation chances in developing nations. A business
project is separate with individual organizations and it typically aligns with Nestle objective.
Business project is dived by three categories such as strategic, operational, and recurring. Nestle
choose the business type by liable on the processes of business and the occurrence of market.
Mostly it improves the livelihood normal of individuals by giving admittance to service and
products quality. In other way, it has a capability to destroy service chances in huge-waged
countries and for the developing countries. Nestle are mainly concerned by the trading practice
across the various countries in the age of globalization (Pieterse, 2019).
The main aims of Nestle is unscrupulous and also for principled. The global free marketplace
progression is profitable for Nestle located in western hemisphere of the domain. The effect of
globalization is separate for individual ladder of occupation outlines. It is separate for individual
staffs, employee or directors of Nestle. Globalization has a varied brunt happening the employee
3

cultures and small organization through the world. This is appropriate for the both advanced and
emerging nations.
Aims of projects
The main goal of the business project management is to identify the brunt of Nestle actions on
startup restaurant in crowded parts.
Project Purposes
The purposes and aims of the scheme effort are assumed lower:
 To search the brunt of Nestle restaurant in the beginning
 To research whether the brunt is negative or positive
 To search if new restaurant can inspire from the Nestle
Problem Statement
Globalization is fresh movement perceived by each company. It is conspicuous that globalization
has smooth method for new organizations to found their rank in the marketplace of rivalry. The
project administration is strategy is developing for a new eating place which can aspect the
crucial pressures from the well-known brand as Nestle. Nestle gain the advantages and can
posture many tests for a startup eating place. A straight identification of the issues will assistance
the startup restaurant to endorse planned execution to Nestle operation. So, separate features of
operation which can be tackled by Nestle are deliberated over here.
 Effect in economy: It is essential for each scheme to way for a financial or examination of
finance, so this, the unattainability of the projects can be guess. It also helps to choice an exact
plan for the scheme for it can give huge financial profits to the occupational. The unattainable
development in the whole scheme will predict the acceptances of marketplace of the facilities
given by the business. The problem tackled in specific organization is that it can appearance the
big rivalry from well-known organization such as Nestle. So the financial identification for this
specific organization will aid the business to analyze and participate in the right resource to lift
upward the financial profits for the business.
4

The company should start the elementary appraisal to view whether the creation life series has a
lengthy life or short life. And it also aids the investor to analyze the cost of investments and
consistent results connected to it.
 Effect in culture: Project management is important in the preparation and establishing of the
resource for the goal is attained by the business. So it means that the realization be contingent on
the results and the effort located in execution of exact capitals at the period of the scheme
promise. It is necessity that the projects works should relate its strategies towards the
advancement of the civilization. Culture is defined as the group of people that have an important
impact on the projects management ability and system. a strict culture is required to address the
project group management. the project managers are essential to deal with the scheme group in
an efficient way. The conflicts should be impactful accomplished by the authority head for a
good nation is preserved by a startup business.
 Impact of Ethical – Morals plays an important part in the growth of the scheme management. It
is lift upwards the expert and standard in impending. Furthermore, faith and trust are significant
amongst the workers. Moral impact is important on the business ethos. this can be take action
before the internal clash which are probable to take place after the magnet is brunt to preserve
the employed atmosphere. It is requiring to examine the moral effect in business. The scheme
administration program of principles conditions which a scheme group should be truthful and
devoted to the scheme administration strategy. If the responsibilities delivered to them are not
satisfied it can reason fast breakdown of the entire project strategy.
Data collection methods
Primary data gathering procedures is mostly accepted by the investigator to bring out the
examination connected to the projects system of new restaurant procedure. In order to identify
the impact, a straight review containing of surveys and interview carry out. Primary information
is those that are combined by the academic for the primary period. It is selected as crucial role of
education as the information is legal and the study difficulties related with it are exact.
Technique of interview is one of the greatest vital approaches of information gathering wherever
then question are straight requested to a team. For achieving correct information around the
study chapters questionnaires completed on a particular respondents team.
5

Sampling size and Method
An entire amount of 300 employee of the new restaurant were selected for the review, out of that
only 215 settled to contribute in the survey rotund. Two mangers are asked question to the
interviewer. In order to analyze the market. A people is selected haphazardly for the populace
team and thus, donate effectively to the information examination connected to the selected
theme. There are many methods for haphazard sampling method. The key resolve is to light the
compensations and difficulties of a start-up corporation in this worldwide modest age. Thus,
surveys and interviews beside with casual sample are originate to be actual in this situation.
P2. Produce a project management plan that covers aspects of cost, scope , time, quality,
communication, risk, and resources.
act Period worth charge
methodology 8 38 304
Appraisal of the
information
5 37 185
Scheme authorization 4 32 128
Project end 3 33 99
total 716
P3. Produce a work breakdown structure and a Gantt chart to provide timeframes and
stages for completion.
Project management
A skillful management is required to maintain a project knack apropos an order. This can be
alluded to as project administration (Lopez et al. 2018). The presentation of various implements,
information, services, methods and rituals to meet the necessities of the project is recognized as
scheme management (Ashtiani, 2017).
6

Project scope
The scope of project explores the various parts of the project work which can offer scope of
future study. It is the portion wherever achievements and goals are agreed for the effective
conclusion of the scheme. From this assignment, a study researcher is capable to recognize the
gaps of the work of the study.
Communication
Effective communication is required between administrative hierarchies for the appropriate and
proper data is transported across the staff base. The managers call the scheme group members to
deliberate the various duties and work of every researcher. The requirements vocal
communication knowledge as the note is transferred in an important way by this communication
station.
Resources and risks
Resources
The resources of the project management plan denote the various sources that affect the accuracy
and success rate of the project work. The main role of a resource in project management is to
carry out the project work in the right path. A resource can be a project team, an individual,
investments or an analysis tool (Tonchia et al., 2018). Numerous resources are required for a
project work and it mainly depends on the kind of project management plan chosen for the
organization.
Week Recollectio
n of risk
(Date)
Issues pointed Approximat
e value
Level of
influenc
Impact on
the
project
activities
Action taken
to eradicate
the risks
7

First
week
Employees
face
numerous
threats while
working of
the
organization.
The primary
risk is the
lack
of
communicati
o
n with the
higher
authorities.
The cultural
management
may not be
efficient to
understand
the
Project head
presents the
demonstratio
n regarding
the overall
view of the
project work
H It is
necessary
that the
team head
as well as
the project
managers
provide
efficient
informatio
n about
the
risk
pertaining
with the
work. If
valid and
authentic
informatio
n are not
provided
to
The
management
must guide
the project
team with
utmost
importance,
so that if any
issues arise
during the
research, it
can be
tackled
professionally
8

problems of
employees.
the
research
team,
project
disruption
is likely to
occur
Second
week
12.05.2019 Therefore, a
communicati
o
n gap is
created and
because of
this
employee
performance
is
affected and
in
turn
organizationa
l
The
manager
of the
project
work
provides
guidance to
the project
team so that
they perform
well in the
project work
M If the
project
manager
fails to
guide the
project
team, the
business
can face
significant
losses in
terms of
finance
The project
manager
must guide
the project
team in an
efficient
manner so
that they can
excel in the
project work
9

performance.
10

LO2 Conduct small-scale research, information gathering and data collection, generating
knowledge to support the project
P4 Carry out small-scale research by applying qualitative and quantitative research
methods appropriate for meeting project aims and objectives
Quantitative Research
1. Can you please specify the age group in which you fit in?
Age Category Percentage of
Employees
No. of Employees Total no. of
Employees
21-26 19.59 39 199
27-32 20.10 40 199
33-47
35.17
70 199
Age above 47 25.12 50 199
2. Can you please categorize your gender?
Option Percentage of
Employees
No. of Employees Total no. of
Employees
Male 45.22 90 199
Female 35.17 70 199
Trans Gender 19.59 39 199
3. What is the maximum period of your association in the organization?
Option Percentage of No. of Employees Total no. of
11

Employees Employees
0-5 years 37.68 75 199
6-10 years 40.20 80 199
11-15 years 22.11 44 199
4. Can you kindly provide us with your opinion on the fact that “Globalization has an
important influence on business operations in the company”?
Option Percentage of
Employees
No. of Employees Total no. of
Employees
Highly Admitted 39.69 79 199
Admitted 25.12 50 199
Not Biased 12.56 25 199
Challenging 18.09 36 199
Highly Challenging 17.08 34 199
5. What is your opinion regarding the statement that economic expense is affected or
influenced by the phenomenon of Globalization?
Option Percentage of
Employees
No. of Employees Total no. of
Employees
Highly Admitted 29.64 59 199
Admitted 34.67 69 199
Not Biased 17.58 35 199
Challenging 0.80 16 199
12