Project Management Report: Business Case Analysis of Revive Beauty Spa

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This project management report offers a comprehensive analysis of the business case for Revive Luxury Beauty Spa. It begins with an introduction outlining the project's objectives and scope, followed by a summary of the business case, project rationale, and the application of various management tools. These tools include strategic planning, CRM practices, benchmarking, and business process reengineering. The report presents a detailed action plan with a Gantt chart and critical path analysis, along with recommendations for the spa. The second part includes a personal reflection on the project, highlighting key learnings and skills gained. The report concludes with a summary of findings and references to support the analysis. This assignment provides a practical application of project management principles within a real-world business scenario, demonstrating the importance of strategic planning, operational efficiency, and consumer relationship management in achieving business objectives and success.
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PROJECT MANAGEMENT
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
Summary of business case...........................................................................................................1
Project rationale...........................................................................................................................1
Management tools........................................................................................................................1
Recommendation.........................................................................................................................5
PART 2............................................................................................................................................6
Personal reflection.......................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Project management refers to allocating useful resources in tasks, business operations as
well as governance of activities which would bring meaningful returns to the professionals.in the
present report, there have been ascertainment of activities relevant with the business case of
Revive Luxury Beauty Spa Salon in Luton. However, in accordance with the operational
practices of this beauty salon and SPA on which it can be said that professionals have been
aiming to launch this project on London stated trade show. The present report, will discuss
several operational tactics such as management theories of cognitive systems approach.
However, in accordance with the operational tactics and management of operational practices
would be effective in leading the firm to retain adequate success in the upcoming trade show and
in long term operations
PART 1
Summary of business case
Revive Luxury Beauty Spa Salon have been performing activities in the business
environment which is being adequate and helpful in relation with making better ascertainment of
outcomes. Business have been aiming at improving the sales volume of the industry in the
upcoming period with delivering best and satisfactory services among consumers (Kolk and
Rivera-Santos, 2018). There have been various services and operational tactics which have been
adopted by organisation in relation with presenting satisfactory services among the consumers.
Project rationale
In relation with analysing the operation functions of the business on which it can be said
that, there have been analysis over the benefits and business participation which would lead the
firm in retaining adequate gains at the right time. Professionals have been aiming at retaining the
adequate returns on investment which would be effective in retaining the appropriate amount of
profits through operations (Wilde, 2018). The starting costs of the business has been estimated as
350 pounds per day which would be effective in relation with retaining effective amount of
gains.
Management tools
In relation with improving the operational efficiency of workers and workforce which would
be adequate in improving the gains and creating the brand identity in the market. Creating a
personal space in the environment would be adequate in leading firm for retaining best amount
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of revenue (Turner and Ledwith, 2018). Therefore, there are various managerial tools which are
required to be operated and governed in relation with making an effective planning and
operational determinations. There are several terms that would impact positively in creating the
brand identity in the market such as:
Strategic planning: Analysing the current market scenario and making adequate planning
and operational analysis enables firm in mitigating the challenges (Akhtar and et.al., 2018).
There have been several approaches which would be effective in bringing appropriate gains to
have satisfactory strategic planning. Strategies can be developed by Revive Luxury Beauty Spa
Salon, as the professionals analyse market environment, consumer preferences, current trends
and efficiency of business to adopt them.
There are decisions which effects in managing team to make productive efforts which would
lead the organisation in meeting its objectives (Litvaj, Makarovič and Bůžek, 2018). Plans can be
relevant with deciding the potential suppliers, resources required for business functions,
managing workforce according to activities. It leads the firm in having collaborative efforts that
leads employees and other stakeholders towards a common goal. Therefore, creating a vision as
well as implicating it systematically will be effective in articulating the business success.
CRM practices: Managing the consumer relationship will be adequate in relation with
operating the entire lifecycle of consumer interactions with the business (Hazen and et.al., 2018).
There have been influences of various arms in the marketing of sales, analysing consumer
behaviour would lead the organisation in retaining the marketable success.
These are the practices which encourages the firm in creating effective records of consumers
will result in developing healthy relationship with potential buyers of firm (Wright, 2018). Along
with this it also required that, Revive Luxury Beauty Spa Salon must be focused on training their
workforce and relying the automation of operations would be effective in bringing the best
amount of returns on investment.
Benchmarking: It is a process through which managerial professionals ascertains and
manages the performance in the organisation. There has been effectiveness in the operational
efforts made by employees in a period (Mendling and et.al., 2018). Therefore, allotting them
targets will be effective in improving their productive efforts as well as commitment towards the
operations to be done.
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Creating small targets will be effective in making decision and creating a design structure
which would amend the professionals in making qualitative efforts. It creates the records of data
base on which there have been records of efforts made by employees as well as targets attained
by the business for effective increment in the revenue and profitability (Kolk and Rivera-Santos,
2018). There have been various process and operational analysis which would lead the
organisation in creating the best processes and policies which would be adequate in performing
the best practices in the business.
Core competencies: There have been various tasks and operational motives which in turn
have been effective in managing the operational process of business. Revive Luxury Beauty Spa
Salon will have required to develop several techniques such as making effective access to the
market to retain information based on current changes, consumer preferences and techniques to
operate activities (Wilde, 2018). There have bene influences of various machineries and
equipment that makes it easy and qualitative for Beauty salon and SPA to make better service
development.
Business Process Reengineering: Developing a structural framework would be adequate
for the firm in creating the favourable market share, brand identity as well as approaches which
would lead the organisation in meeting the targeted aims at the right time (Turner and Ledwith,
2018). This technique will be beneficial for Revive Luxury Beauty Spa Salon in redesigning the
core business processes on which one would achieve dramatic increment in productivity, quality
and cycle times. If the organisation is not performing well on the previously stated procedure
than there will be requirement of developing the new operational aspects which would be
profitable.
There must be effective consumer needs and values which can bring technical increment in
the procedure of operational practices. It may be effective as if the managers allow employees to
make innovative changes and take responsibilities to perform the adequate job (Business Process
Reengineering, 2018). This technique leads organisation in having adequate reduction in costs,
improving quality as well as developing operational tactics.
Action plan for the project:
Task
Mode Task Name Duration Start Finish Predecessors
Auto
Scheduled generating business idea 5 days Wed 20-03-
19 Tue 26-03-19
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Auto
Scheduled
communicating plan with
team members 7 days Wed 27-03-
19 Thu 04-04-19 1
Auto
Scheduled
defining the roles and
responsibilities 8 days Wed 27-03-
19 Fri 05-04-19 1
Auto
Scheduled
determining the business
objectives 2 days Fri 05-04-19 Mon 08-04-
19 2
Auto
Scheduled
creating vision and
mission 7 days Mon 08-04-
19 Tue 16-04-19 3
Auto
Scheduled
conducting market
research 12 days Tue 09-04-19 Wed 24-04-
19 4,3
Auto
Scheduled
survey over competitors
and consumers 8 days Wed 17-04-
19 Fri 26-04-19 5
Auto
Scheduled defining research findings 7 days Mon 29-04-
19 Tue 07-05-19 6,7
Auto
Scheduled interpreting the outcomes 10 days Wed 08-05-
19 Tue 21-05-19 8
Auto
Scheduled Discussion 7 days Wed 08-05-
19 Thu 16-05-19 3,8
Auto
Scheduled
Conclusion and
recommendation 5 days Wed 22-05-
19 Tue 28-05-19 9
Auto
Scheduled recheck the plan 6 days Fri 17-05-19 Fri 24-05-19 10
Auto
Scheduled Awaiting feedback 4 days Wed 29-05-
19
Mon 03-06-
19 11,12
Auto
Scheduled
Modification as per
feedback 7 days Tue 04-06-19 Wed 12-06-
19 13
Auto
Scheduled Final submission 2 days Thu 13-06-19 Fri 14-06-19 14
Gantt Chart:
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Critical Path:
Recommendation
As per analysing various managerial tools which will be helpful to the firm in meeting the
challenges at the right time. There are several technique’s which are required to be considered by
the managerial professionals in creating the best working environment for the industrial
practices. However, in relation with such aspects on which it can be suggested to the
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professionals at Revive Luxury Beauty Spa Salon that they must applicator business process re-
engineering which would defines better quality and development of operations that could lead
the business in retaining the adequate success at the reliable time frame (Akhtar and et.al., 2018).
Redesigning business functions will be effective for the firm in making adequate changes into
operational practices of firm.
PART 2
Personal reflection
As per analysing the business case of Revive Luxury Beauty Spa Salon on which developing
the objectives, stating the core competencies as well as creating a designed structural practice
which would be effective in managing the operational gains in the business. I have learnt various
innovative and reformative things regarding the team work, development of business ideas,
creating a favourable business framework. The team efforts and commitment from various
parties have determined the adequate operational challenges which are required to be mitigate
and make better operational ascertainment.
My skills and knowledge regarding team management, developing the frame work as well as
analysing the requirement of resources have been improved. I would like to thank my team
members in making me able to represent and defining my view points among theme. The
creation of business idea would be effective for the firm in reaching best level of operational
practices at the right time. I have learnt the techniques in improving the employee understanding
regarding business culture and structure which is required to be followed by the professionals in
terms of mitigating the challenges.
My skills based on managing activities through out the project have lead the best outcomes.
Thus, it has helped me in drafting a valid interpretation of the outcomes and defining the action
plan to be undertaken for the project. Along with this, I have also participated in developing the
policies and procedures which are required to be followed by professionals in Revive Luxury
Beauty Spa Salon. I believe that I could have chance to perform as a manager in any company
than on the basis of my learning and articulating the things will be effective in bringing the better
gains to the business.
Based on my learning skills and ability to perform the research operations on which it can be
said that, there have been influences of various managerial techniques such as Benchmarking,
balance scorecard and relevant techniques which would be effective in leading the firm for
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retaining the adequate success at the market. I believe that managing the workforce by giving
them small targets as well as objectives which encourage them to make efforts in the operational
activities. There have been influences of various policies and practices which in turn would be
effective in leading the organisation to retain the adequate success in the market.
In relation with improving the productive efforts in organisation I believe that, there have
been influences of various operational techniques which would be effective in retaining the
adequate market growth. I think analysing the efficiency of employees and assigning them the
duties which meets their qualification at the right time. It can be said that, analysing operational
influences would be adequate in leading the firm in retaining the marketable gains at the right
time. Along with this, after completion of entire research process on which it can be said that
there have been various activities which could lead the organisation in retaining the adequate
marketable success.
My skills and efficiency determines that, there have been impact of various operational
activities which would be effective in leading the market as well as retaining the qualitative
growth. I believe motivating staff as per giving them proper work environment would be
dreadful for achieving the business targets.
CONCLUSION
On the basis of above report, it can be said that, managing the business operations requires
application of adequate managerial tools and techniques. Revive Luxury Beauty Spa Salon have
been planned to develop the operations in Luton as well as getting participation in London on a
trade show. Thus, in accordance with such operational determination on which making effective
ascertainment would lead the firm in gaining better success in the market.
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REFERENCES
Books and Journals
Akhtar, P. and et.al., 2018. Essential microfoundations for contemporary business operations:
Top management tangible competencies, relationshipbased business networks and
environmental sustainability. British Journal of Management. 29(1). pp.43-62.
Hazen, B. T. and et.al., 2018. Back in business: Operations research in support of big data
analytics for operations and supply chain management. Annals of Operations
Research. 270(1-2). pp.201-211.
Kolk, A. and Rivera-Santos, M., 2018. The state of research on Africa in business and
management: Insights from a systematic review of key international journals. Business
& Society. 57(3). pp.415-436.
Litvaj, I., Makarovič, J. and Bůžek, M., 2018. Integration of Management Systems, Synergy of
Quality, Knowledge and Risks in Business Management. Technological
Engineering. 15(1). pp.38-41.
Mendling, J. and et.al., 2018. Blockchains for business process management-challenges and
opportunities. ACM Transactions on Management Information Systems (TMIS). 9(1).
p.4.
Turner, R. and Ledwith, A., 2018. Project Management in Small to MediumSized Enterprises:
Fitting the Practices to the Needs of the Firm to Deliver Benefit. Journal of Small
Business Management. 56(3). pp.475-493.
Wilde, A., 2018. Total Supplier Risk Monitoring Knowledge Management as a Basis of a
Preventive Supplier Evaluation. Journal of Business Management and
Economics. 6(03). pp.33-36.
Wright, P., 2018. Fundamentals of human resource management. Management. 5. p.27.
Online
Business Process Reengineering. 2018. [Online]. Available through :<
https://www.bain.com/insights/management-tools-business-process-reengineering/ >.
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