Project Management and International HRM: Abbott Risk Consulting Study

This report presents a comprehensive project analyzing international Human Resource Management (HRM) practices at Abbott Risk Consulting, an engineering firm. The study aims to identify ways multinational companies can improve recruitment, selection, and training to meet international standards. The report includes a project management plan detailing cost, scope, time, quality, communication, risk, and resources. A work breakdown structure and Gantt chart are used to visualize the project's organization and timeline. Data analysis, based on a questionnaire distributed to employees, reveals insights into current recruitment sources, training methods, and the effectiveness of existing HRM practices. The findings highlight areas for improvement, such as enhancing recruitment strategies and implementing more comprehensive training programs to meet international standards. Recommendations are provided to optimize HRM functions and improve employee performance. The research underscores the value of aligning HRM practices with international standards to enhance the company's global competitiveness.

MANAGING A SUCCESSFUL
BUSINESS PROJECT

Table of Contents
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P1 Aim and objectives.................................................................................................................1
Background ............................................................................................................................1
P2 Project management plan........................................................................................................2
P3 Work Breakdown structure and Gantt chart...........................................................................4
LO 2.................................................................................................................................................5
P4 Research in small scale entity by using methods for meeting aims and objectives...............5
LO 3...............................................................................................................................................10
P5 Data Analyses.......................................................................................................................10
P6 proceedings and recommendations from the above data......................................................19
LO 4...............................................................................................................................................20
P7 Value of undertaking the research........................................................................................20
CONCLUSION..............................................................................................................................21
REFERENCES..............................................................................................................................22
APPENDIX 1.................................................................................................................................23
Questionnaire.............................................................................................................................23
APPENDIX 2.................................................................................................................................24
Log book....................................................................................................................................24
Performance Review.................................................................................................................27

INTRODUCTION
Abbott Risk Consulting it is engineering firm that has employed 69 employees. Its
headquarter is in Edinburgh. Study will frame aim and objective related to international HRM. It
will prepare questionnaire and will analyses data.
LO 1
P1 Aim and objectives
Background
Abbott Risk Consulting is a engineering various types of products in UK. HRM functions
of Abbott Risk Consulting include recruitment, selection, performance appraisal etc. Recruitment
in Abbott Risk Consulting is done every time whenever an employee leaves the organization.
Recruitment is the process of hiring the best candidates for the organization from outside or
within an organization, it reduces time and cost. Selection is the procedure when candidates are
selected for further test. Candidates go through various screening, interview, some tests and the
candidate who clear all is selected for the job and firm gives the offer letter. The senior staff of
Abbott Risk Consulting does the selection of employees on the basis of their qualification, and
their skills. Only educational qualification cannot give a job in Abbott Risk Consulting, there is
need to be good in other skills also like communication, hard working, disciplined etc. Training
is given to the employee so that individual can perform effectively and efficiently (Cascio,
2015).. On the job training includes working with the employees in the same environment in
which they are going to work in future with other employees. It include coaching, job rotation,
internship etc. Off the job training is given by mentors or other professional who are expert in
giving training. Off the job training view lectures, case study method etc. It is given to
employees when they are either new or it is given to employees when new technology is
introduced in the company (Al Ariss and Sidani, 2016).
In order to operate business successfully in international marketplace companies are
required to meet international standards. These standards play significant role in retaining talent
and motivating them so that company can manage its workers well. It supports in effective
utilisation of resources by hiring right person on the right job.
Aim:
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“To identify ways through which multinational companies improve the recruitment, selection
and training of their employees to meet International requirements: A study on Abbott Risk
Consulting”
Objective:
 To understand conceptual framework of international human resource management
(IHRM) for raising lifelong learning opportunity for employees
 To integrate coaching in employment to enhance efficiency of HR functions in order to
meet international HRM standards.
 To implement On the job training and organise development programs to raise efficiency
of employees to meet international HRM standards.
 To apply practices to minimise discrimination at workplace to raise moral of workers for
raising their abilities
Research Question:
 What is the meaning of international human resource management (IHRM) in order to
raise lifelong learning opportunity for employees?
 How coaching in employment can enhance efficiency of HR functions in order to meet
international HRM standards?
 How On the job training and organise development programs can help to raise efficiency
of employees to meet international HRM standards?
 What are the ways to minimise discrimination at workplace to raise moral of workers for
raising their abilities?
P2 Project management plan
Project is all about particular activity which is done to fulfil particular objective. Project
management plan is a written document which covers different phases of a business cycle. It
includes various things which need to be kept in mind while doing the business. Proper planning
helps the business in successful goal achievement and doing work according to the objectives of
the company. Planning includes successfully carrying out various operations like plan initiation,
execution of plan, monitoring it and execution. The responsibility of the manager to assign all
the work to the employees for timely completion of task (Brewster, Mayrhofer and Farndale,
2018). It is very important because it ensure proper planning and execution of project in
systematic manner so that overall goal can be accomplished.
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Cost: cost is the most important aspect which should be kept in the mind of researcher while
doing the research. Various cost which the researcher will incur are cost incurred on getting the
data from various sources, travelling cost which the researcher has to bear as he has to go from
one place to another in search of data, printing of various questionnaire, cost incurred on
recording the data etc. Researcher should have proper note of all the expenses. A person should
be sponsored to carry out a research. To conduct study on improvement in recruitment, selection
and training practices scholar will need to invest amount.
Library permission 25 Pound
Cost of research 40 Pound
Training and development cost 15 Pound
Total 80 Pound
Scope: It describes the future of project; it has wide scope. Conducting study on improving HRM
practices will help companies to meet international HRM requirement. By these way firms will
be able to run business in global market effectively. Furthermore, this study will give benefit to
other scholar in conducting investigation on the same topic in the future.
Time: It reflects the duration of completion of particular project. This is the main objective of a
researcher to complete the report on time. This aspect is the most important as sometimes time
decides whether the project will be successful or not. Time is spent in various fields like getting
the data from various sources, time to record the transaction, time taken by printing press etc.
The entire study will be completed in 10weeks.
Quality: It can be defined as standard that may help in getting desired and viable results. Quality
is also important to check before taking the data from any research. Quality in research means
that the data is taken from which sources and how much trustable are these sources and the
chances of plagiarism should be minimum. Quality also depend on the researcher and his interest
in research. Researcher will involve reliable and authentic data into study to get correct results.
Communication: Communication can be defined as interaction between researcher and
respondents to get the correct data. The person who is giving the data should be trustable and he
should be contacted again and again in case of problem. Research should be correct and it should
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be able to communicate the point of view of researcher.. Communication can be done by email,
telephone etc.
Risk: This is the hazard that might occur in project and can spoil the interest of entire study.
There are various risk associated with a research. Risk should be minimised by the researcher so
that the project is successful. Various steps should be taken to minimise risk. Various risk in
research are risk of respondent not answering the questions, risk related with funding, risk related
to false information etc. (Stone and Deadrick, 2015).
Resources: In order to carry out this research scholar will need several resources such as human
resource, technical resource, financial resource, time resource etc.
P3 Work Breakdown structure and Gantt chart
Work breakdown structure is a graphical representation of a project or research
divided into different individual task. It divides the entire project into small sections. Scholar
carry out all these activities so that project can be completed within stipulated period of time.
Gantt chart is a type of bar chart of a project. It shows the start date of the project and
completion date of the project. This chart is useful in planning and defining the ways in which
the work should be done. It also shows the dependency relationship between activities and
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current schedule. It was invented by Henry Gantt. It is very useful in research projects and helps
researcher in properly demonstrating his research.
Activities Week
1
Week
2
Week
3
Week
4
Week
5
Week
6
Week
7
Week
8
Week
9
Week
10
Selection of
topic
Aim and
objective
Literature
review
Data
collection
from reliable
sources
Questionnair
e preparation
Data analyses
Conclusion
Edition and
final
submission
LO 2
P4 Research in small scale entity by using methods for meeting aims and objectives
Research methodology refers to gathering of the systematic data and collecting of
information for taking decision. Methodology refer to study in the particular field by observing,
investigating, interpretation of facts, discovering the problems and its solution termed as research
methodology(Kumar, R., 2019). Primary research can be defined as tool or process in which first
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hand is collected by scholar. Questionnaire, survey, observation are some technique to conduct
primary research. As in the current project scholar has to determine improvement in recruitment,
training and selection methods to meet international requirement. This project will help
companies in sustaining in international market successfully. This is valuable project which may
help firms in gaining more advantage in global market.
Quantitative research is the method in which facts, figures and statistical calculations are
used to reach to end results. It enhances authenticity of any study. questionnaire is used for the
present study in which is tool in which scholar ask some questions from respondents. Samples
are selected on random bases. This has supported in minimising biasness. Scholar has added
percentage of respondents (In their views) to draw graphs.
Qualitative method is the type of research in which researcher uses theories and models to
conduct any study. It is very important as it minimising complexity as no calculation is thee
hence it makes easy for researcher to understand the concept and get results. Interview is the
method in whcih scholar conduct interview with participants.
In the current study scholar has used questionnaire to get dat on reseach topic.
Some of the technique used in the research methodology are:
RESEARCH PHILOSOPHY: it refer the way in which the data is being collected by the
researchers and further how the data is being analysed and taken in use. The research philosophy
is of four types that are pragmatism, positivism, realism and interpretivism. In the present study
the researcher has used interpretivism in Abbott Risk Consulting because it benefits the company
to study the data in natural like interview or observation which tends to give true and honest
information.
RESEARCH APPROACH: it refers to procedure in which the data is to be studies in detailed
by the the researcher. Research approach is of two types that are deductive and inductive. In the
present study the researcher has used inductive method which benefits the researcher as it gives
flexibility and the researcher has not to follow the information which was previously determined
and is able to get correct conclusion(Fletcher, 2017).
RESEARCH DESIGN: It refers to the set of methods and procedures which helps in collecting
of data to analyse the problem. These are of two types that are descriptive and correlational. The
present study done by researcher of the Abbott Risk Consulting company is based on descriptive
because it helps to the analyse situation when researcher tries to solve the current problem by
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the collection of the information which enable the researcher to identify, analyse the situation
with help of survey.
DATA COLLECTION: It refers to collection of the data which emphasis to have accurate
information for the outcome. Data collection can be done in two types that is primary data
collection and another is through secondary data collection. In the present study of the Abbott
Risk Consulting company the researcher collected the information from both the sources as
primary data gives the true and fair information and secondary data helps to analyse the present
data with previous information that is available with the researcher(Gabriel, 2015).
SAMPLING: In sampling technique the characteristics of the large population are pre-
determined with the help of number of observations. Some of the sampling methods are random
sampling, systematic sampling, cluster sampling, etc. In the present study the researcher has used
the random sampling method which benefits to not become bias, it creates the balance between
subset who represents the potentiality in whole group(Pruzan, 2016).
DATA ANALYSIS: it refer to analyse the data by evaluating the data using as tool to discover
the useful information, inspecting , transform and modelling data which helps to get the
conclusion and support in the decision making process. Data analysis is of two types diagnostic
and thematic. In the present report the researcher has used the thematic approach in which
qualitative analysis is done it pinpoints, records, and discovers the patterns within the collected
data. The present study based on the Abbott Risk Consulting company in which the researcher
get the flexibility in the conducting the relation between the data as it helps to identify the
implicit and the explicit ideas that are present in the data.
ETHICAL CONSIDERATION
It is considered as most essential element that is helpful in minimizing issues in research
project or dissertation(Basias and Pollalis, 2018). Scholar has to ensure following all ethics so
that no complications get arise. In the current investigation researcher has ensured taken
permission from all the answers without forcing them to answer of asked questions. In the
current study investigator has sent ethic approval form to all respondents and they have filled it
and replied that they are ready to become part of this study. In addition, researcher has used data
from all unauthorized sides. None of unauthorized site has been used in the current study.
Furthermore, scholar has ensured rephrasing all the information of other authors carefully. It was
closely ensured that no plagiarism would be there otherwise it may cause problem in the future.
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Researcher have given respect to all respondents, all the people were treated equally and no one
has been discriminated at any certain point of time during investigation(Fox and Alldred, 2015).
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Questionnaire
Name
Age
Gender
Do you think recruitment, selection, training practices of Abbott Risk Consulting are effective
enough to meet international requirement?
 Yes
 No
What recruitment source currently used by Abbott Risk Consulting?
 Website
 Recruitment agencies
 Newspaper advertisements
 Other
Do you agree that external recruitment sources can give better results?
 Strongly agree
 Agree
 Disagree
 Strongly disagree
What training method currently apply in Abbott Risk Consulting?
 On the job training
 Internship training programs
 Off the job training
Off the job and on the job training methods are effective or not?
 Yes
 No
 Not sure
What is the best way of selecting a candidate?
 Intelligence test
 Aptitude test
 Personality test
 Interview
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Do you think that coaching provided to employees will help them to meet the requirement of
multinational company?
 To some extent
 To major extent
 none
Do you think continuation of life long learning and education will be helpful for healthy ageing of
employee?
 Yes
 No
 don't know
Do you agree combination of interview and intelligence test may help organisation in meeting
international standards?
 Strongly agree
 Agree
 Disagree
 Strongly disagree
What is the effectiveness of international HRM practices?
 Cost effective
 Better evaluation of skill of candidate
 Develop relationship
 Time saving
LO 3
P5 Data Analyses
Data analyses is the technique to evaluate data to reach to end result. In the present study
scholar has taken support of qualitative method. 15 sample has been selected for the same and
questionnaire technique is used to collect data.
Theme 1: recruitment, Frequency %
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