Project Management Report: JKB Bloggins Ltd Expansion Plan

This report delves into the principles of project management, offering a comprehensive analysis of its application within JKB Bloggins Ltd, an organization operating in the automotive industry. The report begins with an introduction to project management, defining its significance in achieving business goals, and then categorizes various project types such as change-driven and market-driven projects. It examines the project scope management and illustrates the use of tools like Gantt charts and the critical path method to systematize project activities. The report further discusses how to evaluate project success through return on investment and payback periods, and it addresses the management of both minor and major changes during the project lifecycle. Task 2 explores the skills of a project manager, work breakdown structures, and the application of Gantt charts and critical path methods in efficient project management. The report concludes with an overview of project life cycle stages, emphasizing how these elements contribute to successful project outcomes.

Project Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Question 1...............................................................................................................................1
Question 2...............................................................................................................................2
Question 3...............................................................................................................................2
Question 4...............................................................................................................................3
Question 5...............................................................................................................................3
Question 6...............................................................................................................................4
TASK 2............................................................................................................................................4
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11

INTRODUCTION
Project management is an approach which contributed in managing the different scenario
of the task in order to achieve the targets of devised projects. The project is services of action
plan developed in order to accomplishing business goals more responsively (Kerzner, 2013). The
project manager should have sufficient amount of skills and competence in order to carry out a
business successfully and develop some positive results over the investment (Kerzner, 2013).
In this respective report various types of projects are categorised and right type of project
is identified which is followed by JKB Bloggins Ltd in its practices to expansion the business
through developing new product and the new machineries in workplace in North east coast of
England. This largely brings new changes in the operation of automotive industry in nation and a
successful business project will contribute in developing a good value of profit margin over the
investment in expansion business plan. This assignment also discuss about the project
development stages and access the various needs of the business organisation in order to increase
the profitability over the investment. The administration and the leadership style largely
contribute in successfully implementing various project plan in action of business firm.
TASK 1
Question 1
Project: Project is an collaborative functioning of different task in order to achieve
specified aim and objectives of the firm (Morris, 2010). Project is the series of task that are
accompanied by the firm in order to plan out line of action in order to achieve the targets of firm
within the limits of time and quality standard constraints.
Different type of project: Project can be defined on the basis of produced produced by
the enterprise, geographical location, management approaches, stage of the product development
etc. The various types of project depending upon the company product are like construction,
computer software development, Administrative, Design of plan, New product development and
the Research project (Söderlund, 2011). All these projects are followed up by the business firm
during its functioning in business environment in order to act responsibly in different growth
opportunities.
The various types of project can be defined as the change driven, market driven and the
crisis driven which are followed by the company in order to accomplish various objectives of the
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firm (Söderlund, 2011). The change driven are the project which is developed by the
organisation in order to bring new changes as per the requirement of the environment. While the
market driven are the project which are devised in order to develop a new products as per the
needs of market. Crisis driven are the projects which are develop by an business firm in order to
act actively and responsibly towards the uncertain condition or situation.
In this respective case scenario JKB Bloggins Ltd is company which is engaged on
developing wide range of textile to the automotive industry (Walker, 2015). This respective
engaged in designing the different textile and also manufacturing them for the automotive
businesses. As per this the sited company requires to manage various projects depending upon
the demand of client in order to act profitability in marketplace (Burke, 2013). The company is
developing Design of Plan for the designing the various textiles for the company to
accomplishing needs of marketplace. While this respective company is following market driven
and the change driven project in action. Both these project plan contribute in developing new
products or brining new changes as per the need of external environment and wants of the people
or clients in the marketplace.
Question 2
Scope of project management: The various boundaries are identified to the project which
defined a wider scope fro development of organisation through effectively planning for an
successful project (Bredillet, Yatim and Ruiz, 2010). This project scope management can be
defined as the procedure to ensure that the scope of the designed project should be accurately,
appropriately mapped out. This will help in allocating the available resources and the right
amount of the work to the workforce as per the requirements and wants of wider scope of
development of an devised project in order to achieve organisation goals more effectively
(Walker, 2015). The JKB Bloggins Ltd is continuously engaged in controlling over the various
aspects of the project management in order to widens the growth strategies of the project.
Variance facilitated workspace all contribute in developing a scope of project management in
workplace. The company is following all these defined tools in order to broaden the scope of
project success (Fleming and Koppelman, 2016).
Question 3
The Gantt chart and the critical path method of developed by an organisation while
creating a blueprint of the project processed. The main purpose of these approach is to
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systematised and the directs the activities as per the requirements of different task in effective
project management. This developed a time bound procedures to carry out every task
appropriately and in time. While these methods helps in critically evaluate any change in the
process and the accomplishing time of the specific task (Wysocki, 2011). Along with this these
approaches of Gantt chart and the critical path method helps in devising new change plan in
order to tract responsibly towards any change or developing remedial action is required any.
Question 4
The success of an project can be identified through evaluating the return on investment.
This is the major tools which describes about the success rate as well as profit margin for the
firm. Another approach of finding out the Pay back period of the devised project which will help
in identifying the time period after which all the investment is recovered from the
implementation of specific project (Larson and Gray, 2013). The JKB Bloggins Ltd is
identifying its success through evaluating the results of Pay back period and the Return on
investment. All the time period in which the investment of 12 million pounds are received from
the project developed by JKB Bloggins Ltd can determine the success rate of projects. While the
return will contribute in defining the success value and the profit margin value to the investment
of 12 million pounds on the expansion plan of the company in the north east coast of England
with developing new manufacturing plan working in al weather conditions and developing new
products or installing newer machinery to work as per changing needs of market (Larson and
Gray, 2013).
Question 5
Minor and major changes in the project management: As the plan proceeded in order to
accomplish all the gaols of defined project may needs some of the changes development as per
the critical condition arisen due to change in internal and as well as external environment. The
JKB Bloggins Ltd should be responsible towards identifying the needs of changes as well as
defining the company future growth (Meredith and Mantel, 2011). The project is needing some
of the minor as well a major changes as per the its developmental stages in order to react towards
various opportunities confidently. The business firm should be responsive towards developing
various action plan like controlling, evaluating, acting in order to important changes in the
process in order to achieve the targets of important plan more appropriately in business market
(Morris, 2011).
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Question 6
The evaluation, control and monitoring of an projects followed up by a business firm is
in order to create profitable projects. The evaluation is necessary of an project in order to
evaluate the effectiveness on the grids of the return on investment. While monitoring is process
which followed up in organisation carry out a monitor process to judge the effectiveness of very
specific task or action in the business plan (Bredillet, Yatim and Ruiz, 2010). While the control
is the action which are carried out by business firm in order to control over various changes and
the process of project management effectively (Alves and et. al., 2012). JKB Bloggins Ltd is
controlling to the new changes and aspects of the project management action plan in order to
move in rights direction to achieve the goals of firm effectively and contribute in higher
effectiveness of the action plan in the external commercial environment and contribute in higher
expansion rate in external markets.
TASK 2
Introduction: In this report various skills and competence of the project manger of JKB
Bloggins Ltd is discussed along with developing a work breakdown structure, Gantt chart and
the critical path methods in order to contribute in efficient project management perspectives in
actions (Morris, 2011). This also described about the Project life cycle stages followed up during
development of an profitable and successful project in the actions of business firm.
Project management perspective: This respective orientation largely contribute in
success of business firm. The project management involves various activities which evaluation,
control and monitors the different actions plans followed by the manager to accomplishing all the
goals of the developed project in the workplace. This manager is actively divided in identifying
various activities which can provide a positive perspective to the projects management action
plan (Fleming and Koppelman, 2016). The various actions and the activities should be managed
effectively in order to expand the business effectively in marketplace. The project management
perspective help in achieving all the targets of the company to ensure that all the goals of the
project development should be accomplished on time and the within in defined constraints of the
budget. The develop budget for the JKB Bloggins Ltd project plan to expand the business in
northern east coast of England the is 12 million pounds. The company also defined the time
bound action plan which should be accomplished till march of 2018 (Kerzner, 2017). So, it is
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important that the organisation should responsibly acting towards the needs of the business firm
in managing the project as per the defined quality and cost standards.
Work breakdown structure described the different tasks or actions are divided into
various tasks which should be followed up in an systematised manner in order to development
positive results from the investment (Alves and et. al., 2012). The structure divided the work in
different categorises and develop property to the work which should be accomplished first and
defined a linear line of action to be followed up by the working organisation. JKB Bloggins Ltd
is developing a work breakdown structure in order to line up various task created in the action
plan should be followed by in organised form to carry out some effective results from the
investment plan (Boud, Cohen and Sampson, 2014).
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Gantt chart is a bar diagram which is used to present the end and start of particular task
and while process of management. This is an graphical representation of the Work Breakdown
structure followed by an business firm to manage the task of the firm. JKB Bloggins Ltd is
developing Gantt chart in order manage the task and review the accomplishment of task as per
defined time period constraints through developing a bar diagram (Meredith and Mantel, 2011).
This represent the end of complete project as well as the diagram showing starting and ending of
specific task (Verzuh, 2015). This organisation of work schedule which is developed by the
business firm to carry out projects in managed and systematised manner. JKB Bloggins Ltd is
acting responsibly towards the various approaches and the activities scheduled in the work break
down structure effectively to work appropriately to accomplish all work targets.
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Critical path method is followed to represent various activities which are defined in the
work breakdown structure of the project plan. This develop different path to reach the end of the
project. This is the method which select a most appropriate path to accomplish all the targets of
the project profitably (Wysocki, 2011). Critical path methods defined as critical path which is
utmost important way to reach to the targets of the project management in the working of
business firm. JKB Bloggins Ltd is developing critical path through analysing the work break
down structure and the Gantt chart to come up with a right path which contribute in cost saving
approaches as well as time saving activities. This at last contribute in higher profit margin
through reducing the various cost increased in the development of project (Flyvbjerg, 2013).
Interpretation This can be interpreted from the above report that the critical path for the
organisation project is the direction through which the cost can be reduced at its higher point.
The time taken will be at lowest level and ultimately both of them will contribute in higher
profitability of the firm through involving an effective action plan. So as per the Gantt chart
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developed the most appropriate path is where slack period is minimum and the duration taken by
the project completion is less. As this will work in compliance with cost as well as time
constraints defined by the project manager of the JKB Bloggins Ltd.
Skills and competencies required by the Project Manager is one of the most important
aspect to manage the task and the project activities appropriately (Udo, Nathalie. 2004. What are
the core competencies of a successful project manager?). This largely contribute in increasing
the profitability of the firm at large. The manager should a appropriately skill set and the
competence level in order to perform his duties in workplace. The person should be responsibly
active in accomplishing the targets of the business project by utilising their competencies
effectively in his work (Walker, 2015). The person should have appropriate leadership style in
order to increase the profitability of the firm at large by leading people more confidently and
actively. Also the project manager should have negotiable skills and scheduling skills in order to
manage the task appropriately and in systematised manner as per the defined proprieties
(Meredith and Mantel, 2011). The project manager should have efficient level of competence to
cut down extra cost and contribute over the cut in order to increase the effectiveness of the
project and contribute in higher profitability of the firm.
Project management process follows up procedures to maintain the quality of the project
controlling over the cost, time and scope of the project (De Bakker, Boonstra and Wortmann,
2010). This is very much important that a project manager should be responsibly active in
identifying various aspects of the scope of the project development which will contribute in
broadens the scope in order to contribute higher profitability from delivering project in practices.
While cost will help in reducing the incurred wastage of the funds of the company in project
implementation and development which will enhance the profitability margin of the project
(Project Management Processes: Something New for Majority of Project Manager. 2017). Time
bound activities should be describe while developing any of the action plan in business
environment. JKB Bloggins Ltd is defined the limited time period of the project i.e. up-to only
march of 2018 to accomplishing all the set targets. This will increase the profitability of the firm
through developing effective project and contribute in attaining earlier pay back period.
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Project Life Cycle stages defined the four stages of development of a project which
passes through different level of changes in this process (Burke, 2013). The first stage is
initiation level where the definition to the project is defined and the need of the development of
an project is identified. With this identified goals or need the mangers starts planning to resolve
various issues or achieving the development goals of organisation. Then JKB Bloggins Ltd
project enters into the project planning which can be defined by developing a priorities for a
action plan in order to provide a direction ton people which is to be followed up (Project
Management Life Cycle. 2017). Then the next stage followed in project development is Project
execution where the develop blueprint or project plan is executed or implemented in practices in
order to conclude some positive results to the profitability of the firm. The last stage of level of
the project development so defined by the closure of the project which involving monitoring and
controlling over then changes in internal and external environment and developing new change if
it is required and then ending with the final results or outcome of the execute product to the
profit margin of business firm (Boud, Cohen and Sampson, 2014).
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The various leadership style and the administration action largely contribute in the
effectiveness of the project develops. As the leaders are having responsibly to direct the people
working with the project develop in right direction and motivate them to work at their best.
While the administration is having role and duty towards allocating the available resources and
funds as per the needs of the development of projects with time and the different stages
(Flyvbjerg, 2013). This administration function also concerned about the allocating the efficient
amount of process in order to maintain the defined quality standards if the project execution in
practices. The manager and leaders should also be responsibly active in contributing the process
where there is needs of change in project development life cycle in order to act as per the needs
and requirement project development as well as business firm (Leach, 2014).
CONCLUSION
This can be concluded from the above report that project is having great importance in
delivering the services to the organisation which helps in accomplishing various strategy of the
business firm. This can be needed with that the project management is a precess where all the
task are synchronised as per the requirement of the organisation in order to achieve the profit
targets of firm at their best. This largely contribute in achieving the targets of the firm through
controlling over the quality, cost and time aspects of the project. Project management is then
managed through monitoring all the important important attribute of the project in order to
achieve the targets of firm effectively. Along with this the JKB Bloggins Ltd is developing
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Gantt chart and the critical path methods in order to provide most appropriate direction to the
developmental stages of the business project and contribute in higher profitability of the firm.
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REFERENCES
Books and Journal
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Burke, R., 2013. Project management: planning and control techniques. New Jersey, USA.
De Bakker, K., Boonstra, A and Wortmann, H., 2010. Does risk management contribute to IT
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Management. 28(5). pp.493-503.
Fleming, Q. W and Koppelman, J. M., 2016, December. Earned value project management.
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Leach, L.P., 2014. Critical chain project management. Artech House.
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Morris, P. W., 2011. A brief history of project management. Oxford University Press.
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Verzuh, E., 2015. The fast forward MBA in project management. John Wiley & Sons.
Walker, A., 2015. Project management in construction. John Wiley & Sons.
Wysocki, R. K., 2011. Effective project management: traditional, agile, extreme. John Wiley &
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Online
Project Management Life Cycle. 2017. [Online]. Available through:
<http://www.method123.com/project-lifecycle.php>.
Project Management Processes: Something New for Majority of Project Manager. 2017.
[Online]. Available through: <https://www.simplilearn.com/project-management-
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