SIM335 - Acquisition Project Management Plan for ABC & DEF Limited

This project management plan outlines the acquisition of ABC Limited by DEF Limited. It details the project scope, including the generation of guiding principles, M&A strategies, governance, staff training, risk mitigation, cultural integration, communication plans, staffing, and retention. A work breakdown structure is provided, outlining activities and timelines. The plan also includes a budget of £2.5 million allocated to various activities. The document emphasizes the importance of effective project management practices and provides a framework for successful acquisition, highlighting key activities and considerations for both organizations involved. Desklib offers additional resources and solved assignments for students.

SIM335
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Table of Contents
Task 1.........................................................................................................................................3
Introduction............................................................................................................................3
Characteristic of a project.......................................................................................................3
Scope statement and its importance.......................................................................................3
Gantt chart of the particular project and critical path.............................................................3
Factors that can be considered for the particular project budgeting.......................................4
A risk that is in project management......................................................................................4
Methods of quality that denotes the success of the project....................................................4
Conclusion..............................................................................................................................4
Task 2.........................................................................................................................................6
Executive summary................................................................................................................6
Introduction............................................................................................................................6
Project scope...........................................................................................................................6
Work breakdown structure.....................................................................................................7
Budget...................................................................................................................................13
Characteristic of project manager.........................................................................................15
Project scope statement........................................................................................................16
Conclusion............................................................................................................................18
References................................................................................................................................19
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Task 1
Introduction
Characteristic of the particular project is introduced in this task. There can be the different
type of his hopes that are associated with the particular project. These scopes are analysed in
this task. The Gantt chart and the current path diagram are made for a given project
management plan. Budget, risk and the quality methods that are associated with the project
management plan is analysed in this task.
1) Characteristic of a project
The particular project is having the different resources that can be used for completion of the
project. Various steps are involved in the completion of the particular project. The particular
project plan is having a definite life cycle(Davies & Hughes, 2014). Different type of
deliverables is offered in the particular project. There can be different risk and contingencies
that can be associated with a particular project.
2) Scope statement and its importance
The scope of the particular project is quite wide. This is because of the different activities
which are involved in the particular project. The different activities need great research for
accomplishing a project in the efficient manner (Nylen, 2015). The scope of the project is
having its importance as it provides an opportunity to accomplish the task which is associated
with the particular project in an efficient manner.
3) Gantt chart of the particular project and critical path
According to given work breakdown structure, the Gantt chart can be made as: -
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Task/Days 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
A
B
C
D
E
F
The critical path will be as follows: -
Factors that can be considered for the particular project budgeting
The factors that are associated with the budget of the particular project area training the
employees, materials and resources, labours and travel. These are the factors that are directly
associated with the budget. There can be the indirect factors the like administration, insurance
and communication.
5) A risk that is in project management
Different type of risk associated with the particular project management. Scheduling risk,
technological risk, scope risk and resources risk (Davies & Hughes, 2014). Various
constructive methods can be involved in mitigating the different type of risk that is associated
with the particular project management plan.
6) Methods of quality that denotes the success of the project
The particular project it is very necessary to make quality plan. Implementation of quality
plan controlling and monitoring of the different steps can be accomplished in the effective
manner (Horwath, 2012). Documenting the different steps of control can be useful for the
effective controlling of the whole project in an efficient manner.
Conclusion
It can be from this task that project management is it necessary for the particular type of
major activity. It is also concluded that scope of the particular project is wide that is helpful
for effective implementation of the work for the particular project which is being
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accomplished. Quality methods are also helpful for the implementation of a project in an
efficient manner.
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Task 2
Executive summary
Different type of steps involved in the particular project management. Effective project
management plan can be the result only if all the practices are followed in an efficient manner
by the project manager of the particular project management plan. In this assignment, there is
a tuition in which organisation wants to do the acquisition. Acquisition between ABC
Limited and DEF Limited will be accomplished is analysed as a project management plan in
this assignment. There can be personal motives for both of the organisation that can become a
reason for the acquisition of both the organisation. Various strategies and project
management methods will be followed in this acquisition so that there will not any the
situation of contingency.
Introduction
ABC Limited is a retail organisation that used to sell grocery and drinks product to its
customer. This organisation wants its expansion in different parts of the world you can this
organisation wants to increase its sale. Therefore this company thinks of doing acquisitions
with the DEF Limited that is also a good player in the specific industry. John is the senior
employee of the ABC Limited. This organisation had performed different projects with the
help of Client Company. For saving the cost that will be incurred in project management John
is appointed as a senior project manager. Various responsibilities are associated with the
project manager. This is impacting positively on the working and functioning of the particular
project that is being accomplished for the ABC Limited acquisition.
Project scope
There is the wide range of project scope on which is accomplished for the particular project
management program which is discussed in this assignment. Various activities will be
involved in the project management of ABC Limited acquisition with DEF Limited as
discussed in this project. There is also a scope of work breakdown structure that can be made
for both of the organisation so that acquisition process can be accomplished in the effective
and efficient manner. Various steps will be involved in accomplishing the project
management plan. The initiation step is the main step in which the foundation of the project
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is accomplished (Bryson, 2018). Further different type of planning can be accomplished for
the particular project so that there will not be the situation of any contingency that can occur
because of no planning for ineffective planning. Various implementation steps can also be
decided so that overall project implementation can be accomplished easily. A specific budget
can be made for the particular project so that there will not be the situation of failure of a
project because of less budget.
Work breakdown structure
A work breakdown structure is the deliverables that can be given in the particular project. A
work breakdown consists of different activities that are decided for the particular project.
With the help of work breakdown structure, different activities cannot be forgotten. A time
frame is decided for the work breakdown structure. Each activity is having time assigned to
the work breakdown structure (Senge, 2014). On the basis of that work breakdown structure,
the completion of the particular activity is performed. Proper time can be given to the
particular activity so that there will not be the situation in which any activity can be
performed in an effective manner.
The work breakdown structure will be as: -
Activity Weeks Description of Method
involved in the particular
activity
Generating Guiding Principle Week
1
The principle on which the
acquisition will be
accomplished is included in
this step. It is very necessary to
decide the principle for the
formed joint venture of both of
the organisation (Fleisher &
Bensoussan, 2015). This
principle will decide the
working in the functioning
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process of the formed joint
venture.
M&A is defined Governance and another
strategy
Week
2
Different type of strategies will
be developed in the system.
Strategy for the marketing,
strategy for finance, strategy
for operation, strategy for
production, strategy for the
launching new product and
other strategies will be defined
and decided in this step. The
common minimum governance
program will also be developed
in the system by the
coordination of both of the
companies for the formed joint
venture(Fleisher &
Bensoussan, 2015).
Training provided to staff Week
3-4
For the new acquisition
organisation employees are
provided with the training. In
this training, The Vision and
Mission of the formed
organisation will be circulated
among the employees. On the
basis of Vision and Mission of
the organisation, the employees
will work. The working and
functioning of the organisation
will totally depend on
employees of the organisation.
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Therefore it is very necessary
to provide training to the
employees of the organisation.
This is accomplished in this
step.
Charter Creation Week
5
Charter creation is
accomplished in this activity.
Strategies that can be helpful in mitigating risk Week
6
Different type of risk that is
occurring in the project
management plan of
acquisition of both of the
organisation. There can be the
situation in which the risk of
sales, profit can occur to the
organisation that will be a joint
venture. Therefore in this step
different mitigation and
constructive measures of risk
will be developed.
Cultural Plans Week
7
Good ambience is the quality
of the particular organisation.
In the good ambience, the
employees of the organisation
feel free to share the different
ideas that will bring innovation
in the organisation. It is very
necessary for the organisation
that there should be
sustainability in the culture that
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can be followed by the
employees of the
organisation(Trompenaars &
Hampden-Turner, 2011).
Organisational culture plays an
important role in the working
and functioning of the
organisation. In the system,
different cultural strategies that
can be followed in the
organisation that will be a joint
venture will be decided. There
will be the integration of
different culture both the
organisation for the
organisation that will be a joint
venture.
Plans for Communication Week
8
For the effective
communication, it is very
necessary that designing of the
communication plan should be
accomplished. In this activity,
there will be a designing of a
communication plan for the
particular organisation that will
be a joint venture after the
acquisition of ABC Limited
and DEF Limited. This will
bring coordination among the
employees of the organisation
that will work for this
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organisation.
Staffing and Retention Plans Week
9-10
There will be a requirement for
the new employees for the
organisation that will be a joint
venture of both of the
organisation that are in the
acquisition process (Watkins,
2017). The hiring of the
qualified employees for the
particular organisation will be
accomplished in this activity
show that proper functioning
and working of the
organisation can be
accomplished.
Plans for the acquisition project Week
11
The various plans and the
actions that are made in this
project management will be
integrated for completion of an
acquisition of ABC Limited
and DEF Limited. This is a
vital activity that can be
performed for particular project
management plan.
Implementing Acquisition Integration Plans Week
12
Implementation of the
acquisition from the very first
day will be the plan for this
activity and implementation of
that activity will be performed
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in this activity (Watkins,
2017).
Lessons that can be learned from the integration Week
13
A lesson can be learnt from the
project management that is
made for the accomplishing.
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