Managing a Successful Business Project: A Comprehensive Guide

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MANAGING A SUCCESSFUL BUSINESS
PROJECT

Table of Contents
INTRODUCTION............................................................................................................................. 4
LO1.................................................................................................................................................5
AIMS AND OBJECTIVES OF PROJECT..........................................................................................5
PLAN IN PROJECT MANAGEMENT..............................................................................................6
DEFINITION OF PROJECT............................................................................................................6
STATEMENT OF PROJECT........................................................................................................... 6
STRATEGY OF PROJECT.............................................................................................................. 6
SCOPE OF PROJECT.................................................................................................................... 7
COST AND TIME OF PROJECT.....................................................................................................7
COMMUNICATION PLAN............................................................................................................7
RESOURCES INVOLVED IN PROJECT...........................................................................................7
THE ASSOCIATED RISK IN PROJECT............................................................................................ 7
ASSUMPTIONS OF PROJECT.......................................................................................................8
STRUCTURE OF WORK BREAKDOWN.........................................................................................8
GANTT CHART.......................................................................................................................... 10
LO2............................................................................................................................................... 11
SMALL SCALE RESEARCH..........................................................................................................11
LITERATURE REVIEW METHOD................................................................................................ 11
INTERVIEW & SURVEY..............................................................................................................12
EVALUATING RELIABILITY AND THE ACCURACY OF THE VARIOUS RESEARCH METHODS........20
LO3............................................................................................................................................... 22
ANALYSING RESEARCH & DATA USING VARIOUS TECHNIQUES...............................................22
VARIOUS RECOMMENDATIONS...............................................................................................23
EVALUATING SELECTION OF VARIOUS METHODS AND TECHNIQUES FOR THE
ORGANIZATIONAL ACCURACY & AUTHENTICITY.....................................................................24
LO4............................................................................................................................................... 25
REFLECTION OF THE VALUE OF RESEARCH FOR MEETING TE OBJECTIVES, LEARNINGS AND
PERFORMANCES...................................................................................................................... 25
VALUES OF THE PROCESS OF PROJECT MANAGEMENT...........................................................26
OUTCOMES OF THE PROJECT, PROCESS OF DECISION MAKING AND VARIOUS CHANGES OF
THE PLAN OF PROJECT MANAGEMENT....................................................................................27

CONCLUSION............................................................................................................................... 28
REFERENCES.................................................................................................................................29

INTRODUCTION
In the modern world, globalization has become the key to success for many different
organizations, it can also be said that when many economies of the world are interdependent
on each other for doing trade and conduction business activities, then that is termed as the
globalization. In this project, report focuses on finding out the impact of globalization on the HR
function with the organization, i.e. Tesco, UK. Tesco is known as the large multinational
company which deals in the retail sector, this company is also very famous and known as the
ninth largest retail company because of the higher revenue generation. The company serves its
products and services in many countries across the world and so here in this report, it’s, various
impacts of globalization within the HR function of the organization will be discussed in detail.

LO1
AIMS AND OBJECTIVES OF PROJECT
In every organization, there are aims and objectives that help the company to grow and expand
their business operations. Various companies focus on devising their strong aims and objectives
because they can plan their strategies to fight with the tough competition in the market and
can work on increasing their profitability by satisfying the needs and requirements of their
customers (Kerzner and Kerzner, 2017). Here, the project report aims at analysing the impact of
globalization on the HR function within the organization Tesco, UK.
Aims
The major aim of the company Tesco is to discover how the different areas that are involved in
globalization affect the HR function and their operations in the company. As the globalization is
the wider term and it is affected by many other factors, these such as, economic, political,
ethical, technological etc. these areas will affect the organization’s functions in many ways that
will be analysed in this study (Kerzner and Kerzner, 2017).
Objectives
The key objection of the report is as follows:
 To evaluate the influence of the globalization on the HR function in TESCO
 To evaluate the impact on different functional areas of Tesco due to globalization
 To assess how growth and productivity of the organization could be increased by the
impact of globalization (Kerzner and Kerzner, 2017)
The completion of the various aims and objectives that are discussed above will help the
company Tesco in gaining knowledge and useful information for the success of the company.

PLAN IN PROJECT MANAGEMENT
DEFINITION OF PROJECT
The project report has been conducted to examine the impact of globalization on the HR
function in the organization, TESCO, UK. The study will help in gaining knowledge and a lot of
information about how various areas associated with globalization has a positive impression on
business operations (Perkins et al., 2017).
STATEMENT OF PROJECT
The business operations of the company TESCO has got many benefits from the introduction of
globalization. The factors such the improvement in technology, CSR improvement, and
development in areas such as political, social, cultural etc. of the business has supported Tesco
in their growth and success (Heagney, 2016). For the organization, it is very necessary to
analyse the positive impact of these factors of globalization and formulate strategies for further
improvement of the business.
STRATEGY OF PROJECT
The project manager of the company is planning strategies for the attainment of the outcomes
and objectives that are already planned in the project.
The following strategies are as follows:
 The organization need to make use of the positive impact of globalization in their future
strategies for the success of the organization, i.e. strategies of the company need to be
changed (Heagney, 2016)
 For gaining the theoretical knowledge of the globalization's impact on the HR
department, the manager can make use of the literature review method
 The company is also planning to conduct the survey for gathering more information and
the opinion of the different persons. The survey will also help in framing useful
conclusions outcomes

SCOPE OF PROJECT
The project has its importance in a greater sense; this project will help in gaining deep
knowledge about the various factors of globalization (Heagney, 2016). Globalization is a very
useful term in today's modern world because it has got various opportunities for business to
expand. The company Tesco will be able to improve its business operations with the help of this
project report, the HR function in the organization would be able to bring changes and
improvements by the support of analysing the impact of globalization in TESCO.
COST AND TIME OF PROJECT
For the completion of the aims and objectives of this project report, 15 weeks will be required.
Also, all the activities and tasks that are performed in the execution of this project are under
the budget of the company (Heagney, 2016).
COMMUNICATION PLAN
For communicating all the task activities that are involved in the process of project execution
are explained in the communication plan in detail:
STAKEHOLDERS INFORMATION METHOD TIME OF
FREQUENCY
SENDER
Senior
management
Through market
survey
Mails, written
and oral reports
Every day Manager
RESOURCES INVOLVED IN PROJECT
The project report will mainly involve the finance and the human resource because the project
aims at improving the HR department and for the implementation of the plan in this project,
funds will be required (Heagney, 2016).
THE ASSOCIATED RISK IN PROJECT
The project also comprises a certain amount of risk as to the useful and important resources of
the organization TESCO are involved in the project (Larson and Gray, 2017). The various types

of risk that are involved in the company are a financial risk, operational risk, change in
strategies and organizational structure etc.
ASSUMPTIONS OF PROJECT
There are some assumptions of the project that are discussed here below:
 All the information and data that is used in the project is consistent
 There are many positive impacts of the globalization on the business operation in TESCO
 Globalization has helped the business organization in bringing new changes and support
in growth (Larson and Gray, 2017)
STRUCTURE OF WORK BREAKDOWN
This structure of the work break down will help in better understanding of all the tasks and
activities that have been taken and carried out in the process of whole project management.
The activities are structured in a hierarchy so that all the goals of the project could be attained
effectively (Meredith et al., 2017). The structure will also help in providing better information
about activities that will be used in the further process of conducting this research study
(Meredith et al., 2017).

1.0 globalization impact on HR function of Tesco
1.1 goals & objectives
1.1.1 Doing analysis
1.1.2 focusinbg on
important areas
1.1.3. devising goals &
objeectives
1.2 qualitative research
method
1.2.1 using literature
review method
1.3 quantitative research
method
1.3.1 using queestinnaire
method
1.3.2 conducting
interviews
1.3.3 analyzing data
1.4 outcomes of the
research
1.4.1 results
1.4.2 conclusiuons
1.4.3 providing
recommendations

GANTT CHART
Activities 1
week
2-3
week
4-5
week
6-
8week
9-
12week
13
week
14
week
15week
Analysing and
focusing on
important areas
Devising goals &
objectives
Qualitative research
& collecting data
Quantitative research
Analysing data
Providing
Recommendations
Results
Evaluating and
concluding

LO2
SMALL SCALE RESEARCH
LITERATURE REVIEW METHOD
Silverman, ( 2016) explained that that small scale study or research that helps the consumers as
well as the organization in providing various opportunities for job and also offers many varieties
to choose from . The company also gets the chance to increase their level of revenues with a lot
of information and can get many growth prospects. But along with that, there is also a
challenge for the companies that, if they want to expand and grow with the globalization they
need to bring new innovations for satisfying their customer’s need so that company would be
able to maintain the current and the future demands .
The company Tesco need to focus on some of the functional Areas so that they can conduct
their operations effectively with the introduction of globalization. The areas such as the political
and the changes in economic factors could affect the organization in both negative as well as
positive manner (Taylor et al., 2015). Tesco needs to plan strong strategies so that would be
able to work on these areas for the growth of the company through globalization.
Research that has been taken up by Lindlof and Taylor, (2017) states that globalization is an
important aspect that can improve many aspects of the company and could also support many
activities related to the diversification of the company. Taylor et al., (2015) say that,
Globalization could also help in influencing other competitors in the market. With the
expansion of the business operation across the world help in the integration of many
economies and also provide many other benefits in many trade operations. Here in this report
for this research will be beneficial in improving the work efficiency of the HR department along
with development in other areas. This research conducted by the company could also help in
the process of strategic decision making and thus through globalization company would be able
to make a considerable growth and development. Moreover, the use of globalization

application will help the company in bringing thee significant change and advantage for the
future growth of TESCO.
INTERVIEW & SURVEY
The method of the quantitative research will be used for collecting the primary data for the
organization so that it can help in drawing various conclusions for making decisions of the
company (Bell et al., 2018). The numbers of respondents in the survey those are participating
are 50. The responses through these people will be used by the company in further major
decisions.
1. To what extent do various functional areas of Tesco are affected due to globalization?
a) Very high
b) High
c) Moderate
d) Low
e) Very Low
Table:
Total persons responding 50
Very high 5
High 20
Moderate 10
Low 15
Very Low 0