Business and Business Environment Project: Tesco Case Study

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Business and Business Environment
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Table of Contents
Introduction......................................................................................................................................3
LO1 Establish project aims, objectives and timeframes based on the chosen theme......................4
P1 Devise project aims and objectives for a chosen scenario.....................................................4
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources..............................................................................................5
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion............................................................................................................................11
LO2 Conduct small-scale research, information gathering and data collection, generating
knowledge to support the project...................................................................................................15
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives.................................................................15
LO3 Present the project and communicate appropriate recommendations based on meaningful
conclusions drawn from the evidence findings and/or analysis....................................................18
P5 Analyse research and data using appropriate tools and techniques......................................18
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions....................................................................................22
LO4 Reflect on the value gained from conducting the project and its usefulness to support
sustainable organisational performance.........................................................................................23
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance........................................................................................................................23
Conclusion.....................................................................................................................................24
Appendices....................................................................................................................................26
Appendix 1 – Project logbook...................................................................................................26
Appendix 2 –Performance Review............................................................................................27
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Introduction
The impact of globalisation upon the varied ranges of business operations and strategies that are
integrated within the organisations is immense. The different objectives based on the national
and local scenarios tend to ensure that the different countries existing throughout the world carry
out their trade operations and actions by adhering the systematic processes and policies. The
cross border business ventures are also available and are free to be accomplished with the help of
the features of globalisation followed by the management of the Companies.
Globalisation tends to devise the specific strategies that are helpful to manufacture and develop
the entire range of unique products and services that cater to the needs and requirements of the
customers availing the facilities and services provided by the customers. Marketing actions and
tasks provides the promotion of the products and services in the retail industry that supports the
operations of Tesco(Tesco.com.2019).
A plan for developing the varied range and category of the unique services generates the
opportunities to involve the improvisations within the various markets and the variety of
countries. The strategy of supply chain related to the manufacture of the different well designed
products and unique range of services helped the organisations to apply the objectives and goals
related.
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LO1 Establish project aims, objectives and timeframes based on the chosen theme
P1 Devise project aims and objectives for a chosen scenario
Aim of the project
The aim of the project involves the variety of operations and tasks that are involved in bringing
about the necessary changes and transformations that provide the help in establishing the variety
of operations and actions associated with the functional units and departments of Tesco such as
the financial, human resources and department of marketing jobs.
Objectives of the project
The objectives and goals associated with the project tend to play the role of the indicators of
performance to assess the different operational features of the Company. The activities are eased
out for the manager who can easily implement them with a motive and aim to fulfil the
requirements of the goals and objectives related to the project being allotted to them. The success
and the monitoring of the project objectives and features are as follows:
To integrate the technological methods and concepts within the organization to achieve
the targets and goals of the Tesco organization.
To assess the chances existing within the Tesco organization to venture into foreign
markets by virtue of entering into strategic alliances and joint ventures.
To explore and highlight the effects or outcomes of the actions integrated within the
execution of the functional units and departments.
To develop strategies that would help Tesco to integrate the basic operations and actions
that is helpful for generating the growth and rise in economy of the organization.
To find out the positive results of the concept of globalisation that occurs within the
organization of Tesco.
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P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources
Statement of scope of the project
The statement is developed as a tool or technique that provides the necessary description that
gives an idea about the various outcomes or the developments arising out of the project.
According to Andler(2016), the assumptions associated with developing a project, the obstacles
and the requirements that are of very high quality and level provides a specific definition about
the different boundary or spheres aligned with the execution of the project details and facts. The
stakeholders have to be acquainted with the details and information of the project that will help
them to achieve the objectives and targets of the organization.
Scopes that are included
Different criteria of scopes are integrated within the plan being framed for managing the project
in an efficient manner by adhering to the laid down steps and measures adopted by the
management within the sphere of the Company. According to Burfordet al.,(2019), the
management decides upon selecting the scopes with the help of developing a rational fervour and
spirit that enables the documentation and establishing of the important strategies and steps needs
to be followed and implemented within the sphere of the organization. The management plan for
the project will be developed with the help of framing the time schedules and plan the execution
of the activities going on within the organizational sphere. A research is being conducted to
ensure the smooth and effective implementation of the varied range of actions continuing within
the organisations.
According to Tidd and Bessant(2018), the research project being conducted has to be approved
and the various traits and features need to integrate the features and characteristic elements
required building up the network within the units and services that are operational within the
sphere of the organizations. The research is carried out by developing the primary data analysis
that provides the basic support to the organizations to establish the varied range of actions within
the accomplishment of the different jobs. The managers and the employees of the retail
organization Tesco will be questioned to ensure the proficient distribution of the activities
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happening within the organizational actions. According to Kerzner and Kerzner(2017), the plan
of project management tends to take into account the investments that will be done behind
setting up of the strategies and operations ensuring the success and enhancing the productivity of
the organizations.
Scopes that are excluded
The various inclusions within the setting up of the project mechanism will be followed. The
factors that are excluding provide the basic steps and measures for Tesco to concentrate upon the
inclusion that is specified and highlighted. Qualitative primary research will be carried out by the
line manager in Tesco as the data will be gathered through the framing of questionnaires and
questioning the employees and managers of Tesco regarding their viewpoints. The sampling and
data analysis techniques and methods will be followed in a specific manner by adhering to the
laws and legislations aligned with the organization. The customers and the stakeholders are not
involved in considering the hypothesis associated with the study of research being involved.
Quality management in projects
Tesco stresses upon maintaining the quality and design of the products that would cater to the
various requirements and buying patterns of the consumers in the market. According to
Cusolitoet al., (2016), the management of quality has to be maintained efficiently within the
purview of the organization ensuring the development of the operations and tasks of the Tesco
organization. The management and the supervision of the facts associated with the maintenance
of quality and its standards in the integration and the execution of the varied range of actions
continuing within the organizations tends to align with the targets and goals framed by the
organizations. The requirements related to the different important stakeholders and the
consumers preferable opt for the services that are of high quality and can be rendered properly
and efficiently by the organizations. The qualities of the designing and other manufacturing
operations have to be keptat higher standards.
The managers who are determined and focused tend to adopt the varied ranges of practices and
actions to assess the level of quality and the results of the management of quality. The roles and
duties of quality management in projects have to be handled by the respective authorities such as
the manager who handles the project operations in a fine manner. According to Heagney(2016),
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the stakeholders who are related to implementing the actions of the Company take up the role
and duties of developing the plan and idea of managing the project properly by adopting the
basic steps and measures. The head of the authority and the executive of the organization Tesco
tend to frame a certain plan helping in developing and executing the duties of the organization.
According to Grayson(2017), the meeting of the project can be held properly and in an efficient
way by integrating the basic processes and methods helping in evaluating the measures and
standards involved in maintaining the jobs related to the organizational activities and customers
services. The manager in charge of looking after the projects tends to be quick enough in
establishing the steps to deliver the perfect business performance within the organization.
The manager of the project team tends to play a crucial role in developing the teams in
accordance with Belbin’s team development theory and assigning the specific team roles to the
different individuals working in the organizational sphere and ensuring the smooth completion of
the variety of tasks going on in the organization.
According to Davenport and Harris(2017), the manager of the project teams develops a good
rapport with the teams involved within the variety of operational units that aids Tesco to deliver
the best business performance. Best business performance is possible by collaborative working
being integrated within the organization thereby ensuring the establishment of the certain ideals
that would help in operating successfully in the market of United Kingdom. According to
Grant(2016), the cohesive action or effort provides the assurance to the management of the
Tesco Company to align with the specific ideals and reach the targets and aims of the
organization in a much matured and efficient way.
Plan for developing the resource of the project
According to Romiszowski(2016), the resources and the raw materials involved in developing
the project related tasks in a proper manner tends to adhere to the steps and systems that allows
the project activities to be implemented in a successful manner. The project tends to ensure that
all the necessary deliverables or the outcomes of the project are recorded or tracked to benefit the
functioning of the Company in future. The resources and the essential commodities required for
the project has to be chosen carefully in accordance with the strategies and the market conditions
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of the business organizations conducting their operational activities within the market of United
Kingdom.
According to Schiavo-Campo(2017), the different raw materials associated with the development
of the aims and objectives of the project involves the spending of the specific costs and expenses
to ensure the smooth financial transactions going on within the organizational sphere. The
estimated budget and the financial spending for the budget is revised and fixed to 4200 on GBP
to in order to ensure maximum profits and enhancing the productivity of the Tesco Company.
Tesco also produces a whole range of unique services and items that has helped it to increase
their base of customers and brought about an improvement in the quality of its services and
designing of the variety of products being developed within the market. The resources that will
be involved directly in designing and manufacturing of the varied range of products and services
are very popular in the market and tend to align with the demands and requirements of the target
customers.
A qualified and talented workforce has to be integrated within the Company to establish the
varied range of activities and operations happening within the sphere of the organization and
helping the organization to maximize their profits and productivity. The project deliverables
have to be taken into account as they help in establishing the different important activities that
help Tesco to gain a competitive advantage in the market.
Expenses behind the project
Actions Time taken Expenses per hour (in
£)
Total expenses(in £)
To develop the
operations and tasks
related to the
organization
20 60 1200
To develop the
resources required for
framing the
management plan in
50 70 3500
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the project
To improve the
activities that
establish the different
computer needs
40 50 2000
To improve upon the
varied range of
conditions and aspects
involving the different
records
60 60 3600
To develop the steps
of research study
being conducted
30 50 1500
Improving the project
and identification of
the operational
aspects
60 30 1800
Table 1: Development of expenses and time variables for developing a plan for project
management
(Source: Created by the learner)
Plan for developing communication within the execution of the project
What Who Why When Method
Developing
written
communication
skills are
involved in
developing the
The line
managers and the
HR managers
tend to be the
authority of who
have to be
The management
of Tesco needs to
be involved in
sorting out the
problems of the
functional units
The various steps
and measures of
the project has to
be adopted.
The different
types of written
communication
such as writing
letters and
sending mails are
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actions of the
organizations.
communicated to
sort out the
problems.
and departments
in the market of
UK for Tesco.
considered as the
specific methods
of
communication
followed within
the organization
of Tesco.
Various
perceptions and
ideas are
conveyed
through the
development of a
particular and
specific context
has helped the
manager of the
project to ensure
the smooth
completion of the
actions.
The different
managers and the
workers are the
personnel who
are involved in
the planning and
development of
the project
ideals.
The perfect
communication
being done with
the employees
and the
managers’ help
the organizations
establish the
activities of the
research.
The researcher
needs to
communicate
properly to
develop the study
of research in an
effective manner
by adhering to
the rules and
norms of the
Company.
The employees
and workers can
keep in touch
with the
customers with
the help of social
media sites and
platforms to
promote the
ideas of the
project.
Table 2: Plan for developing communication in Tesco
(Source: Created by learner)
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The evaluation of the specific risks have to be perfected with the help of taking the side of
certain strategies laid down by the management of the Tesco Company that will help them to
reach the objectives and targets for executing the actions. The risk related to the consideration of
the time variable is a thing of utmost concern within the organization as it relates the different
operations that are influenced by the aspect of time. So, the time related aspect needs to be
reduced that has to be done in a smooth manner by adhering to the specific systems and
processes followed by Tesco.
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and
stages for completion.
Work breakdown structure and framework followed by Tesco
Task Name of Activity
Main theme To cooperate the various activities of the functional
departments and units of Tesco
1.0 Start of the project
1.1 Research study implementation
1.2 Developing the project items
1.3 Study related to developing primary research
1.4 Preparation of project requirements
2.0 Acknowledgement of the project and the study of research project
2.1 Collecting information and facts
2.2 Conducting data analysis
2.3 Conducting data analysis in a secondary manner
2.4 Supervising of the project
2.5 Evaluation of the information
2.6 Valuation of the project
3.0 Finishing of the project and achievement
3.1 Establishing the credits
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3.2 Valuation of the project
3.3 Preparing and administering
3.4 Submission of the project
Table 3: Work breakdown structure
(Source: Created by the learner)
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