Evaluating PRINCE2 Methodology for Debenhams Closure Project

This report analyzes the Debenhams closure project, focusing on the application of the PRINCE2 project management methodology. The report begins with an executive summary highlighting the reasons for the Debenhams store closures, primarily due to internal portfolio disputes and unsuitable balance sheets, leading to significant job losses. It then provides an introduction to Debenhams and the context of the closure, followed by a discussion of the project scope, which involves defining specific deliverables, goals, and deadlines for the closure. The report identifies project risks, particularly those related to stakeholders and employees, and discusses quality management aspects, including planning, assurance, and control. It outlines project deliverables, such as benefits, costs, and restructuring plans, along with pricing and product adjustments. The report also examines learning outcomes from the project, emphasizing the importance of effective project management and stakeholder involvement. A project plan is presented, detailing how the project was executed, managed, and measured. Finally, the report addresses roles and responsibilities within the project, highlighting the importance of time management, resource planning, and stakeholder communication. The report concludes with recommendations based on the analysis.

Running head: DEBENHAMS CLOSURE PROJECT REPORT
DEBENHAMS CLOSURE PROJECT REPORT
Name of the Student:
Name of the University:
Author Note:

1DEBENHAMS CLOSURE PROJECT REPORT
Executive Summary:
Debenhams are probably locked their 22 no of stores in the UK. That is the critical reason 1200
individuals are completely unemployed at this moment. The purpose of this closer mainly related
to the disputes of internal portfolio and unsuitable balance sheets. The higher consultant of
Debenhams wanted to recreate their company. There is the development which is related to the
Debenhams closing report. So for the project, it is significant how the assignment manager
accomplished and switch the event. Because the periods of this development is six months and
this the last deadline for project achievement. Firstly recognize the project scope and scenarios of
this development. Quality controller, quality assessment and monitoring also the active part of
this project. A central part of this project is how the project executive learns from this project.
Learning conclusion creates outstanding involvement, which is very much significant for another
new project. Why Debenhams close down there store, what is the most significant motive for this
susceptibilities and planning for project making are very much imperative for this project
administration.

2DEBENHAMS CLOSURE PROJECT REPORT
Table of Contents
Introduction:....................................................................................................................................3
Discussion:.......................................................................................................................................3
Scope: -........................................................................................................................................3
Risk:.............................................................................................................................................4
Quality:........................................................................................................................................4
Project Deliverable:.....................................................................................................................5
Pricing and product:.....................................................................................................................5
Learn From the Project:...............................................................................................................6
Project Plan:.................................................................................................................................6
Roles and responsibility:..............................................................................................................7
Conclusion:......................................................................................................................................8
Recommendation:............................................................................................................................8
References:......................................................................................................................................8

3DEBENHAMS CLOSURE PROJECT REPORT
Introduction:
Debenhams is a UK base cosmopolitan dealer working below a division store set-up in
the Ireland and UK with authorization stores in other countries. The company originated in an
eighteenth-century single store in London and has now developed to 178 positions across the
Denmark, UK and Ireland. It sells a collection of household items, clothing and furniture and has
been recognizing since 1993 for its ‘Designers at Debenhams' brand collection. Debenhams is to
discontinue as a countless as 22 stores, putting 1,200 works at danger through the department
supply series. This organization has publicized a Company Voluntary Arrangement (CVA),
which will see the precious factories stay swapping until primarily 2020. Additional conclusions
could still be disseminating subsequent negotiations with property-owners. Temporarily payment
discounts will be wanted on countless of the lasting divisions (Energy 2015). The project about
the evaluation of the PRINCE2 application for the Debenhams project. PRINCE2 means the
Projects in Controlled Environments is an organized scheme administration method and
consultant certification agenda. PRINCE2 highlights are separating schemes into controllable
and manageable phases. It is accepted in many republics universal, counting the United
Kingdom, and Australia, Western European countries. PRINCE2 exercise is obtainable in
countless dialects. PRINCE2 recognized as a United Kingdom administration standard for
material schemes projects. In July 2013, possession of the honesties to PRINCE2 transported
from HM Cabinet Office to AXELOS Ltd, a joint endeavour by the Cabinet Office and Capita,
with 49% and 51% dangers individually.
Discussion:
There are six aspects related to PRINCE2. These characteristics are also titled
Performance goal or tolerances (Schwalbe 2015). They calculate the project acceptance and are
reflecting during administrative processes. Six characters are scope, risk, quality, benefits and
cost. This ware related to the Project plan, Risk management and Business case respectively.
Scope: -
Project Scope is extra work-oriented, while Invention Scope is more concerned with near
purposeful necessities. Project scope is the one portion of project development that involves
defining and authenticating a list of specific deliverable, project goals, budgets, responsibilities,
deadlines. Debenhams is a well-known retailer company in the United Kingdom. In the year

4DEBENHAMS CLOSURE PROJECT REPORT
1993, this company inaugurated the new brand name, Debenhams designer (Rosemann and vom
Brocke 2015). This project is mainly related to the closure report of Debenhams. This company
has publicized that it will shutter twenty-two supplies early next year, setting around 1200 job
positions at danger. According to the company's executive chairman for the business
enhancement, this company try to rebuild the stock assortment and balance sheet. In this project
consists of a detail report of this company’s benefit, cost structure, project plan, quality, time
scale? In this project are the supports a project possibility announcement delivers to Debenhams
undertaking new creativity (Farrugia 2014). Expresses what the project involves so that all
shareholders can comprehend what is intricate and provides a roadmap that executives can use to
this project, programme work and budget appropriately. Assistances attention group members on
mutual purposes; and Avoids projects, principally composite ones, from escalating beyond the
recognized visualization.
Risk:
Risk is the opportunity of damage or grievance. Project danger is an indeterminate
occasion or disorder that, if it happens, has a consequence on at smallest one project objective.
Risk supervision focuses on classifying and measuring the dangers to the project and handling
those hazards to reduce the impression on the project. There are no risk-free schemes because
there is an immeasurable quantity of measures that can have an undesirable consequence on the
project. Risk administration is not about eradicating risk but about recognizing, evaluating, and
supervision risk. In this project, which is related to the Debenhams store closure project are
facing some uncertainty (Kostalova 2015). This risks are related to the stakeholder investors and
sometimes customers also. Debenhams closure incident is very much risky for the employee who
is struggling for the closure. Early next year minimum twenty-two companies are wholly closed,
and at least 1200 jobs are under the danger. Stores like a garden city, Wimbledon, slough,
Southport Guildford, Great Yarmouth, East Bourne are expected to shutter in 2020.
Quality:
In this project, superiority appearances are definite by the participants. Some of the most
mutual excellence appearances are presentation, functionality, correctness, dependability,
uniformity and other (Hughes 2017). The quality levels in these positions are restraining as per
scheme and administrative morals. From project instigation and procedures to development

5DEBENHAMS CLOSURE PROJECT REPORT
provision, each should control in terms of superiority principles. In project conveyances,
countless things like supercomputers, project apparatus, team, etc., to the substance in terms of
confirming excellence appearances as preferred. Thus, excellence administration ought to be in
residence from the commencement of development till the end. There are different phases of
quality management like quality control, quality planning and quality assurance. In this project
quality planning is the desired goal and objective (Friederiszick and Głowicka 2015). The quality
management goal is related to the stakeholder communications of the Debenhams project.
Subsequently, the area is definite; the dealings to guarantee the near of ordinary must control.
Quality assurance is all approximately estimating if a scheme is moving near transporting
superiority facilities. Once quality goals are not accomplished or are not in the progression of
receiving succeeded, essential phases and educative activities should be recognized. In quality
control, the functioning procedures are recycled to confirm superiority standards.
Project Deliverable:
A significant deliverable is a point - either perceptible or imperceptible. Debenhams is
the UK based retailer deciding to shutter their specific stores for company enhancement, and the
project management deliverables would include the particular things given to the closer cause as
part of the project, such as benefits and loss, enhancement procedure, and a reconstructing
system. There are two parts of the project deliverable like input and output section (Muriana and
Vizzini 2017). In an input section, the Project deliverables are mainly processed by the
information, documents, proper plans, software, currency, and apparatus. In other cases, the
output of deliverable is project plan, applications, tools, contracts, results. The present strategy of
Debenhams is very much apparent (Marchewka 2016). They try to improve their modern
structure because the underlying store portfolio and balance sheet are not appropriate at this
moment. According to the CEO of Debenhams, priority is to save their business and save their
employee as well. Debenhams left into pre-pack management preceding this month, spreading
out the rewards of all stakeholders, counting Mike Ashley, who is the sports director of this
company.
Pricing and product:
Debenhams segment amount have collapsed since 50.5p on 23 August 2017 to 12.25 p on
23 July. The merchant was compulsory to success back at the assumption that its connection with

6DEBENHAMS CLOSURE PROJECT REPORT
attractiveness enterprise Setback, which Debenhams has a 20% stick in, has declined. It follows
a discount in cover from credit underwriters for contractors previous this month (Tomanek and
Juricek 2015). Debenhams delivered three revenue cautions so far in 2018. In June the vender
publicized that like-for-like transactions were miserable 1.7% for the 15 weeks to 16 June, and
by 2.1% for the 41 weeks to the same date. In this project, there are essential to adjust the pricing
and service cost. The main reason for the Debenhams closure is inappropriate balance sheet and
portfolio. Aim of this project mainly identifies the purpose of the closure and also specify the
future of the Debenhams employee (Thomas et al.2014). Not only the United Kingdom another
international country like Iceland, Indonesia, Australia are also entirely stopped the Debenhams
services and facilities Debenhams planned to enhance their business growth in a worldwide
basis, but unfortunately the inappropriate planning and incorrect portfolio are the reason of
Debenhams stock closure incident.
Learn From the Project:
The learning outcome of the project is mainly defined as to accomplish the possibility,
charge, effectiveness and supremacy of the project, at all times absorbed on plan realization as
definite by project investors (Dziadosz and Rejment 2015).Implement project administration
acquaintance, progressions, development and the personified perceptions, tools and methods to
accomplish project victory. Classify project objectives, constrictions, deliverables, act criteria,
control necessities, and resource supplies in discussion with investors. Familiarize developments
in retort to questions that ascend within and outwardly (Nicholas 2017). Intermingle with team
and stakeholders in a specialized custom, a combined project atmosphere. Debenhams closure
project is very much adequate for the United Kingdom economy. A learning outcome is this
project is mainly the effectiveness of share market. More than 1200 employees are jobless for
this reason, so it is also sufficient for the UK economy (Kerzner 2017). This company specially
reconstructed the internal structure of a business and also improved its portfolio, which is very
much relative to the services and facilities of the stockholders. There is the primary learning
outcome of this project.
Project Plan:
Proper plans are significant to build a better project. The project superior generates the
project supervision plan following efforts from the project team of Debenhams closure report

7DEBENHAMS CLOSURE PROJECT REPORT
and the critical stakeholder's investors, employees of this company. A project management plan
is an official, permitted document that describes how this project is executed, supervised, and
measured. It may be an instant or a comprehensive file and may include standards, subordinate
supervision strategies, and other scheduling documents (Wyncoll 2017). This used to express the
method development team takings to distribute the proposed project administration opportunity
of the plan. The planning of the Debenhams project mainly depends on how the project in-charge
monitoring the whole issues and also justify the performance of this company for some times.
The project manager also assumed the project cost and this estimated charge is very much crucial
for the future of this project. Debenhams project operators were starting this project and
gathering the information which is related to the service and facilities (Alvarez-Dionisi ,Turner
and Mittra 2016). Not only that the project operator collects the necessary knowledge of the
Debenhams brand and also identify the values of this product in the market. This information is
very much important for the united state economy.
Roles and responsibility:
There are some key responsibilities and characters that are related to this project
management. Resource of the planning and activities are a vital part of project head
responsibilities. Primarily, good project managers describe the pr possibility and regulate
obtainable possessions. Schemes are obviously impulsive, so good development managers know
how to make corrections along the way as desirable before the project touches its final points.
Time management also the important roles of every project managers. In this project, the project
developer jets take a six month time (Fleming and Koppelman 2016) . So in case, the project
duration of Debenhams closer is six months, so the project manager tries to manage this project
before the deadline. Importantly project operator follows some communicative terms like activity
describing, sequence maintaining, schedule developing and maintain (Sikka 2016). The project
in charge supposed fixed a meeting with an executive officer or other higher authority of
Debenhams, so it is also included during the project deadline. A Decent project director knows
how to set accurate targets, and how to connect them constantly to their sides. Budget
development is also the important roles of the project manager (Glukhov et al.2015).
Respectable project executives recognize in what way to keep a development inside its set
inexpensive. Even if an assignment meets a company ' consumer's prospects of Debenhams and

8DEBENHAMS CLOSURE PROJECT REPORT
is providing on time, it will still be a disappointment if it goes passionately over-budget.
Throughout the first stages, project executives and their teams have a clear visualization and high
expectations of constructing a predictable result. However, the path to the appearance line is
never depriving of particular knocks along the way.
Conclusion:
Debenhams one of the excellent retailer in the United Kingdom. This business is
spreading in the whole world like Australia, Indonesia, Vietnam, Russia, UAE and Qatar.
Debenhams are likely to close their 22 no of stores in the UK. That is the main reason 1200
people are jobless at this moment. The reason for this closer mainly related to the issues of
internal portfolio and inappropriate balance sheets. The higher authority wanted to reconstruct
their company. There is the project which is related to the Debenhams closure report. So for the
project, it is crucial how the project manager-managed and controls the project. Because the
duration of this project is six months and this the final deadline for project completion. Firstly
identify the project scope and prospects of this project. Quality control, quality assessment and
monitoring also the vital part of this project. A central part of this project is how the project
manager learns from this project. Learning outcome creates an outstanding experience, which is
very much crucial for another new project. Why Debenhams shutter down there store, what is the
most prominent reason for these vulnerabilities and budgeting for project making are very much
critical for this project management.
Recommendation:
During the project making the project manager finds some risks which are related to this
Debenhams project. First risks are unemployment. For the store closure, there are 1200
employees are suffered from this unemployment. So first off all the officials try to engage their
experienced employee from other stores which are opening. A balance sheet must be appropriate.
Without correct balance sheets, the company does not grow. So a trained accountant who must
be ethical it is essential for maintaining the transparent balance sheets.
References:
Alvarez-Dionisi, L.E., Turner, R. and Mittra, M., 2016. Global project management trends.
International Journal of Information Technology Project Management (IJITPM), 7(3), pp.54-73.

9DEBENHAMS CLOSURE PROJECT REPORT
Dziadosz, A. and Rejment, M., 2015. Risk analysis in construction project-chosen methods.
Procedia Engineering, 122, pp.258-265.
Energy, C., 2015. MARKET REPORT. Retrieved on, 3.
Farrugia, K.J., Deacon, P. and Fraser, J., 2014. Evaluation of Lumicyano™ cyanoacrylate
fuming process for the development of latent fingermarks on plastic carrier bags by means of a
pseudo operational comparative trial. Science & Justice, 54(2), pp.126-132.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management.
Project Management Institute.
Friederiszick, H.W. and Głowicka, E., 2015. Competition policy in modern retail markets.
Journal of Antitrust Enforcement, 4(1), pp.42-83.
Glukhov, V.V., Ilin, I.V. and Levina, A.I., 2015. Project management team structure for internet
providing companies. In Internet of Things, Smart Spaces, and Next Generation Networks and
Systems (pp. 543-553). Springer, Cham.
Hughes, D.L., Dwivedi, Y.K. and Rana, N.P., 2017. Mapping IS failure factors on PRINCE2®
stages: An application of interpretive ranking process (IRP). Production Planning & Control,
28(9), pp.776-790.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kostalova, J., Tetrevova, L. and Svedik, J., 2015. Support of project management methods by
project management information system. Procedia-Social and Behavioral Sciences, 210, pp.96-
104.
Marchewka, J.T., 2016. Information technology project management: Providing measurable
organizational value. John Wiley & Sons.
Muriana, C. and Vizzini, G., 2017. Project risk management: A deterministic quantitative
technique for assessment and mitigation. International Journal of Project Management, 35(3),
pp.320-340.
Nicholas, J.M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Rosemann, M. and vom Brocke, J., 2015. The six core elements of business process
management. In Handbook on business process management 1 (pp. 105-122). Springer, Berlin,
Heidelberg.

10DEBENHAMS CLOSURE PROJECT REPORT
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Sikka, P., 2016. Big four accounting firms: Addicted to tax avoidance. In Pioneers of critical
accounting (pp. 259-274). Palgrave Macmillan, London.
Thomas, W.H., Lam, R.W., Nutt, D.J. and Thase, M.E., 2018. The basics of project evaluation
and lessons learned. Productivity Press.
Tomanek, M. and Juricek, J., 2015. Project risk management model based on PRINCE2 and
SCRUM frameworks. arXiv preprint arXiv:1502.03595.
Wyncoll, A., 2017. The effect of firms reporting to the Carbon disclosure project on their CO2
emissions (Doctoral dissertation, Université de Fribourg).