Project Management Report: Andreea's Beauty Room, Semester 1, 2021

This report provides a comprehensive analysis of project management strategies for launching Andreea's Beauty Room, a new beauty cosmetic shop. It begins with an introduction to project management principles and the specific context of the business, including the owner's motivation and project timeline. The report then critically assesses the usefulness of project management tools and techniques, focusing on Prince2 and Agile methodologies, including their strengths, weaknesses, and suitability in the context of the COVID-19 pandemic. The author justifies the selection of Prince2 and explains its application to the project. Furthermore, the report outlines a detailed project implementation plan, including human resource requirements and stages of project execution. The report also addresses communication strategies with stakeholders and evaluates the project manager's ability to manage the project, considering feedback and self-development plans for improvement. The analysis is presented considering the impacts of the COVID-19 pandemic on the project's success and execution.

MANAGING PROJECT IN
THE ORGANIZATION

INTRODUCTION
Project management is defined as application of procedures, approaches, knowledge,
competences, skills and experience that a project manager is used to achieve specific aims and
objectives of particular task according to acceptance criteria. It encompasses varied strategies
and methods that play vital role in success of projects that has been conducted for commercial
purposes. It considered as procedure of leading work of a group of people to reach at target aims
and meet success level at a particular time frame. It helps to organize each element of a project in
effective and systematic manner, which is quite important in order to gain desire outcomes. The
entire project management process falls into five categories such as initiating, planning,
executing, monitoring & controlling and closing.
The current study is based on Andreea's beauty room as beauty cosmetic shop, which
open soon. The study will introduce project management techniques and tools that will utilize in
the context of chosen company. Furthermore, it will explain their extent to which management
think they are useful in light to changes that have taken place in business environment due to
COVID-19. The report will justify development of plan for implementation of project and
relevant stages that will be followed. It will also explain how it is going to be implemented and
ways used to communicate project plans with right stakeholders and colleagues. Moreover, the
assignment will critically evaluate individual ability to manage a project in light with COVID-
19. It will define usage of feedback from others to evaluate project manager ability to plan and
implement it by determining key strengths and weaknesses. Lastly, the study will explain self
development plan to improve performance of project handler in managing process of opening
shop as new project.
The main thing that motivate me to engage in this project that is opening a beauty
cosmetic store, is to satisfy the need and expectations of women's who seeks to purchase those
cosmetic items that are paraben free, and good for skin as well as made from natural ingredients.
The concern of most of the females in the whole world who are worrying about their skin care,
specially during pandemic, is the main motive which drive my attention to make myself engage
in this project. The beginning date of this project is 12 April 2021 and the ending date is 25
August. The idea of opening a new beauty cosmetic shop named Andreea's beauty room is
introduced by the owner of this store, who wants to enhance the satisfactory level of each woman
as their buyer. With the help of implementing this idea into practical manner, the owner of this

store may provide benefits to its venture. Owner and buyers are the main beneficiaries, who take
benefit from this shop in term of achieving aims and objectives and fulfilling needs. When the
project does successfully it will bring a lot of advantages for each stakeholder as it help to
increase profitability, customer base and sales level, but when it will not done systematically, it
put negative impact on plans of owner, which is not acceptable for them as well as other
stakeholders. When the project of opening a beauty shop is not done, it affects expectations and
needs of customers. Take away chance of gaining competitive edge in term of increasing
customer base and obtaining desire outcomes. It makes each customer dissatisfied and will not
meet their expectations. When the project is not successful, it will be a huge loss of venture and
bring challenge for the owner, which they may overcome by taking initiative and right decision.
MAIN BODY
1- Critically assess usefulness of project management tools and techniques and also assess extent
to which project manager think they are useful in light of modifications that have taken
place in venture environment due to pandemic
In recent time, due to COVID-19 several companies are facing issues to manage their
work and operational as well as functional activities of businesses. It is not that easy to develop
and manage any project, just because of pandemic. Here, certain project management techniques
and tools taken into consideration that may help to handle the situation and are helpful in light of
changes that has been taken place in current business environment (Saeed and Ahmed, 2018).
Prince 2
It is one of those project management tools that are widely utilized and adopted all
around the world by many organizations and people from wide-ranging sectors and industries
(McGrath and Whitty, 2020). It is the best and most effective tool, because it guides project
manager via essentials for managing a successful project like opening Andreea's beauty room.
Prince 2 method encompasses four key elements such as principles, themes, processes & project
environment. This approach is suitable in the context of current project, because it gives simple
and easy guidelines which may take into consideration and get benefits. Furthermore, along with
this, it defines key elements that provide benefits to project manager in term of obtaining desire
outcome and successfully opening a new beauty cosmetic store. It may implement by following

the principles of Prince 2 method and considering seven themes as well as stages of project life
cycle.
Strengths-
The key strength of Prince 2 as project management method is that is embodies the best
practices and helps to promote effective communication by offering a common vocabulary. The
best thing about this method is that it help to handle each project in effective manner by defining
phases of project life circle, from initial idea to closure. It covers important principles that a
project manager may follow and allow them to gain desire results in term of making project
successful, which is quite essential and beneficial for venture as well as customers who are
seeking to buy the best cosmetic item and take stress about skin care during pandemic. Along
with these strengths, it has other as well. For example, Prince2 approach is flexible and easy to
adopt.
Weaknesses-
The main weak point of Prince2 project management approach is that it is the process
oriented so when modifications are needed in middle of opening shop that not be accepted.
Furthermore, along with this, change management in this method is complex as compare to agile
as another project management tool.
Agile-
Just like Prince2, it also included in list of project management tools that are used by
many project managers or handlers to achieve strategic goals and objectives. Agile is an iterative
method that utilized to deliver current project throughout its complete life cycle (Cooper and
Sommer, 2018). The main objective of this approach is to release benefits via process more than
focusing on only at the end of project. At the core, it exhibits central values and attributes of
trust, empowerment, flexibility and collaboration.
Strengths-
Most of the companies has adopted this tool just because of its key features as strengths
and benefits that it provide to users. For instance, it is quite easy to make test related to
integrated part of current project execution stage which means that entire quality of cosmetic
product is greater and according to the expectations of target customers.

In Agile methodology, customers engagement in decision-making process is prior, as it
leads to excellent consumer retention even during pandemic, which is quite beneficial for
organization.
Weaknesses-
Just like Prince 2 method, Agile project management tools also have certain weaknesses
that make it effectiveness less beneficial. For example, it is based on idea that group may not
understand what their end outcomes may look like from initial stage. It is quite challenging for
project teams to predict attempts like time, cost, key resources needed at starting of opening new
shop in complex business environment where everything is changed due to pandemic.
Another drawback of this tool is that it documents happens via a project and often at the
time of building output, not at starting stage, which may put negative impact on team
performance and productivity as well as their roles as they are unable to know what needs to be
taken into action.
Reason behind choosing specific project management tool in the context of managing
project of opening Andreea’S beauty room-
Two types of tools related to category of project management discussed above, among
them Prince 2 method may choose and utilize to open a new beauty cosmetic store in market
where situations being affected because of COVID-19. Chosen approach is useful in light of
changes that have taken place into overall environment of business world. For example, Prince2
provides guidances and good practices which project manager may consider and determine
whether their work is genuinely being managed (Vaníčková, 2017). The main purpose of using
this approach as opposite to other project management tools is that it encompasses four different
layers in which each state specific methods which provide a lot of benefits when manager
consider and follow. It helps to manage the project successfully, effectively and systematically. It
defines clear principles that are less complicated, which may not found in other techniques of
project management. For instance, according to the principle of Prince 2 method, project
manager must identify and justify the reason behind managing and running project, which made
them able to conduct further practices systematically. Furthermore, the second principle stated
that, project manager and their team members need to learn from earlier work, which they may
use in the context of this project.

Third principles drive the attention of teams towards making a clear organizational
structure and plan in which roles and accountabilities of each applicant may mention. Just like
these, rest of the principles provide clear guidelines to each of them who are connected with
project of opening beauty cosmetic shop, and because of this reason, Prince 2 is chosen.
There are variety of project management tools and techniques available in the business
world that many project managers and their group members using to handle specific project. For
example, Agile is also included in same category in which Prince2 is considered. It is as valuable
as other have, but still not relevant for current project, because Agile project management
methodology is mostly utilized in regard to project related to software development where it
helps to promote adaptability and velocity (Rasnacis and Berzisa, 2017). It breaks requirement
relate to project into smaller pieces that is quite good, but do not define how to do that. This
method is not suitable for project of beauty cosmetic shop opening, because it is useful and
relevant for IT related projects (Hanslo and Tanner, 2020).
Waterfall methodology is another project management tool, which play vital role in
success and achievements of projects. It is quite valuable in term of focusing on defined and
clear set of stages. Instead of having key strengths, still this approach is not suitable for existing
project because it was utilized for software development, just like Agile. It may utilize when
trams fully collect needs before work begins, which is important to overcome further challenges
and prevent process of achieving objectives.
2- Preparing plan for implementation of project and discuss stages that are going to apply in
course of presenting this plan
In order to implement project in systematic and efficient manner, it is quite important to
develop an effective plan in which varied stages are included and going to apply in action of
presenting plan that has prepared in regard to open Andreea’S beauty room.
Human resource requirements-
In order to complete this project and handle it in systematic and effective manner, after
implementation, specific number of skilled and talented workers require who may work better
and support to open & run beauty cosmetic store successful even having changes in market due
to pandemic. Under the plan for implementing project, this stage comes at first because without
talented and knowledgable employees no one may get success in any project. The organizational
structure is flat and according to that approx 12 candidates are require.

People who work in this project and talents as well as skill do they need to have-
There are many people accessible who take part in this project and accountable to get
desire outcomes. The persons, their skills and talents define by using table format-
Persons who will work in this
project
Skills Talent do they need to have
Project management
assistant
 Leadership skill is the
main priority of any
manager, which they
may utilize to manage
project in systematic
manner (Floris, Wiblen
and Anichenko, 2020).
 Effective
communication is
another skill which
project management
assistant need to have
and use in effective
manner to
communicate with
stakeholders who are
connected with current
project.
 Negotiating and time
management skills are
needed by project
management assistant,
which they may use to
obtain unexpected
outcomes.
 An project manager
need to have talent
related to staff
motivation and team
encouragement, which
is actually quite
important to have.
 Along with above
talent, project manager
need to have another
talent such as problem
solving.

Project management staff  Effective
collaborative skill is
one of those skills that
these people need to
have, because it made
them able to work in
form of collaboration
which in return
increase productivity
and operational
efficiency.
 Team work skill is
another ability, which
project management
staff need to have as it
allow them to work in a
group where they all
attempts to achieve
common aim relate to
current project.
 The people who work
in teams for making
project successful, may
need to have
multitasking talent,
which in return
provides varied
benefits to them as well
as their project
manager.
Resource manager  Good decision making
skill help resource
manager to take
decision in the context
of selecting and
recruiting people who
are able to contribute to
make project
successful.
 They need to have
problem solving and
 They need to be
talented in term of
enhancing the
performance level and
increasing productivity
of each team member
who are taking
initiative to complete
this project, by
overcoming changes in
business environment

interpersonal skills. due to pandemic.
Recruitment approaches-
The third step of this plan moves project manager to take initiatives to recruit talented
people like above who may work productively in the context of implementing project and
according to pre and post changes that have been implemented in the world of business due to
COVID-19. It can be said that in order to hire people, an manager used effective and the most
suitable approaches. For example, job advertisement is the best and useful approach that here
may utilize to hire people who discussed above (Volodko, Cockbain and Kleinberg, 2020).
Furthermore, project manager may use other methods as well in order to do so, such as
recruitment agency. With the help of this approach, they may recruit right person for right
position, who perform efficiently and encourage other to do so.
Key information about stakeholders-
List of project stakeholders Ways used to manage relation with them or
meet their expectations
Customers Project manager may attempt to manage their
relation with these stakeholders in effective
manner, by providing information about
project completion. Furthermore, they also take
initiative to meet the expectations of
consumers by offering quality and paraben free
cosmetic items.
Owner Company owner is another stakeholder of this
project, who seek to open the best beauty
cosmetic shop. Project manager may
effectively manage their relationship with
them, by clearly understanding their
expectations and needs, which made them able
to conduct each activity accordingly and
strengthen them to meet their expectations as

well.
Suppliers Raw material supplier is the main stakeholder
of this project because they are able to provide
and delivery quality items to firm which it may
use to manufacture those products for which
customers demand. Project manager just like
above stakeholder also attempts to manager
relationship with them, by continually
communicating and negotiating.
Costs and benefits of project & financial requirements-
In order to complete this project, approx £185000 as financial requirement is needed. The
costs of this project divided below-
Resources Costs (£)
Business registration fee 15000
Inventory cost for venture 80000
Cost of furniture 35000
Cost of raw materials 30000
Salary of workers 10000
Electricity expenses 15000
Marketing 1500
Hiring 20000
Total 185000
Benefits of this project-
The benefits of this project is based on sales of each cosmetic item, for example when, 10
people buy products from beauty cosmetic shop, each worth £25, they may provide benefits in
term of increasing sales and profitability of company.

Milestones and Gantt Chart-
Task Name Duration Start Finish
Initiation stage 18 days Mon 12-04-21 Wed 05-05-21
Drawn up a business plan 6 days Mon 12-04-21 Mon 19-04-21
Conduct market research 6 days Mon 19-04-21 Mon 26-04-21
Check out finance option 6 days Wed 26-05-21 Wed 02-06-21
Planning stage 18 days? Sun 02-05-21 Tue 25-05-21
Selection of location 6 days Mon 03-05-21 Mon 10-05-21
Stakeholder analysis 6 days Mon 10-05-21 Mon 17-05-21
HR analysis and management 6 days Mon 17-05-21 Mon 24-05-21
Competitive analysis 18 days? Mon 24-05-21 Wed 16-06-21
Executing stage 6 days? Wed 16-06-21 Wed 23-06-21
Planning of fund 6 days? Wed 23-06-21 Wed 30-06-21
Funding from selected source 6 days? Thu 01-07-21 Thu 08-07-21
Monitoring and controlling 18 days? Thu 08-07-21 Mon 02-08-21
Monitoring of plan 18 days Thu 08-07-21 Mon 02-08-21
Closing 18 days? Mon 02-08-21 Wed 25-08-21
Opening venture 18 days? Mon 02-08-21 Wed 25-08-21
Risks associated to project and measures to overcome these-
Varied types of risks are associated with this project in which manager attempt to open
beauty cosmetic shop, to satisfy need and expectations of customers that has been affected by
changes occur due to pandemic.
Operational risk is related to current project, which manager may identify by looking
for important dependencies in workers, systems, procedures and external structures. This risk is
defined as risk of indirect and direct losses that provide negative outcomes.
Financial risk, is another major risk that is associated to this project and affect
negatively in term of overseeing capital requirement when resources require more than

expectations. By conducting internal research and reconsidering budget, project handler may
identify this risk.
Furthermore, they may monitor, prevent and manage this risk by developing risk
management plan in which each risk and ways that will use to overcome these will be
mentioned.
Approach of effective communication with stakeholders-
Project leader try to reach out to communicate with different stakeholders, for which they
may utilize effective and appropriate communication plan.
Type of
communication
Frequency Method of
communication
Stakeholders Responsible
Project team
meetings
Daily Group meeting is
the best method,
which project
manager may use
to communicate
with stakeholder.
Project teams
members, are the
key stakeholder
that
communication
requirements are
based on daily
work activities.
They want to
communicate
with project
manager for
providing daily
work update to
them.
Project leader and
manager
Raw material
updates
Monthly Smart phones and
emails.
Suppliers, are
second
stakeholder,
whom with
project manager
Project manager