Project Management Report: Analyzing Tesla's Business Strategies

This report provides a comprehensive analysis of Tesla's project management practices. It begins with an introduction to project management and its importance in a competitive market. The report details Tesla's project management plan, including risk factors, quality control, cost management, and scope definition. It includes Gantt charts and work breakdown structures for project organization. The report further delves into secondary research, with a literature review on employee retention strategies. A small-scale research study, including a questionnaire, is conducted to gather insights into employee perceptions and talent management. The findings from the research are interpreted, and recommendations are provided to improve project management and employee retention within Tesla. The report concludes with an evaluation and overall conclusion summarizing the key takeaways and implications of the analysis.

Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................1
Project management plan.......................................................................................................1
Gantt & work breakdown structure........................................................................................2
Secondary research:................................................................................................................4
Small scale research...............................................................................................................5
Interpretation and findings.....................................................................................................6
Recommendations................................................................................................................12
Evaluation.............................................................................................................................13
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
As corporations are developing as well as opposition is swiftly growing in markets it's far
critical for personnel of organizations that they need to be incredibly professional, paintings
collectively in a coordinated manner at the side of being proficient that allows companyto
accomplish plan goals. For that expertise control is taken into consideration to be an powerful
exercise which refers to a method that consists of attracting and maintaining excessive
professional personnel, designing their capabilities with constantly motivating them through
improving their performance (Hänninen, 2021). this file is primarily based totally on coping with
a hit enterprise challenge of Tesla, that is an American electric powered automobile in addition
to smooth power agency offers in electric powered cars, electric powered batteries power garage
from domestic grade scale to grade scale. This file includes pursuits in addition to objective,
challenge control plan, gantt chart at the side of paintings breakdown structure, small scale
research, interpretation of findings, recommendations, deflection at the side of its conclusion.
Project management plan
It is referred as a framework of plan this is accredited and which helps or assist on base of
executing, tracking in addition to controlling to challenge. Project control plan enables in
figuring out approximately deliverables that require to reap challenge motive. it majorly enables
in that specialize in distinctive ascension factors of tasks that favoured consequences can be
generated in an correct manner. Some of additives are as follows:
Risk issue: In every challenge there may be a type of threat which would possibly have an
effect on great of challenge that ends in create barriers. Hence those styles of dangers are
required to examine in addition to implies right steps for convalescing from that to minimized
effectively.
Quality: It is worried via outcomes in addition to consequences which might be carried out
in phrases finishing touch of challenge that relies upon approximately collecting at manner of
challenge (Hutchinson, 2021). Thus, it's far essential closer to researcher attitude that collects
correct information in better great.
Cost: It is stated to be even of maximum essential detail that might ache approximately
challenge and enables in figuring out approximately overall which can be concerned in sporting
out sports that could be entire as consistent with accordingly. it's far one in all mine detail that's
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recognized in conjunction with necessities of funds. on the way to carry out challenge there may
be particular quantity of price range that's constant with the aid of using researcher.
Scope: it's far used for figuring out in particular lists of targets Richard to be carried out,
function, characteristic in addition to having price of deadline. a number of movements which
might be had to carry out for entire challenge inside time in addition to price which can be
determined.
Time: As it refers to figuring out daughter time that's with the aid of using researcher to
reap challenge in an powerful manner for reaching targets at a given factor of time. It is crucial
to reap studies aim at a given factor of time in order that there may be no postpone in sporting
out studies in addition to fund to fall brief if it's far wrongly estimated.
Communication issue: It is one in all essential component issue which derives to assist in
organising powerful conversation performs a group member in order that basic information
paintings collectively in addition to coordinate their paintings on the way to assist in reap
consequences inside powerful way.
Gantt & work breakdown structure
Gantt chart:
This described that states numerous period which will be responsibilities to each and
every challenge that has been done to perform dreams in a specific time way. it includes movies
come up with the money for and that would be hired through every character for gaining task
achievements. It ought to have utilized by this letter to recognize in addition to having know-how
of effectiveness of task. it's miles crucial to offer proper facts approximately task that would have
extra crucial or relevance.
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Work breakdown structure:
It is characterised as a shape which states express time it is allotted in extra modest
organisation to decrease intricacy from the organisation. It is largely continues up with provide
effortlessness and strong for handling and controlling every organisation this is commonly
proficient. on this hobby it will in all likelihood be separated in areas this is conveyed on the
given issue of time.
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.
Secondary research:
Literature review:
A writing evaluation is eluded as an concept which gives a tale evaluation is of exam
article. It is characterised as an observe manner it is insightful paper which offers gift realities
which contains extensive discoveries similarly to hypothetical nearby structures and dedication
of a selected point.
To understand the concept of employee retention.
According to the perspective of Gabrielle Smith, 2020, As forcing labourer maintenance
technique is expressed to be one of these components that enterprise calls for to be carried out.
Similarly as with developing pay to control forward, product to deliver a pleasantly as customers
to fulfil. Just like a pacesetter of company it's miles obligation of organization to have labourer
maintenance. As specialist maintenance is eluded as practices, guidelines in addition to basic
techniques that are designed to keep its first-rate professional personnel through decreasing
turnover. Employee retention is stated to be principal cognizance of regions of corporation’s HR
department. As worker retention is corporation’s targets of retaining gifted employees in addition
to reducing turnover through fostering a wonderful paintings surrounding a good way to sell
engagement, displaying reputation to personnel along side giving aggressive pay or advantages
in addition to healthful paintings existence balance. Employees are particularly inquisitive about
constructing personnel throughout consultation of low employment in addition to heightened
opposition for talent. In phrases of Tesla, for corporation as to construct personnel they use
human sources generation for recruiting, on boarding, attractive in addition to spotting personnel
along side supplying greater running flexibility and current advantages along with bodily in
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addition to economic wellbeing programs. As Tesla is targeted on maintaining personnel that are
typically beginning thru worker hiring in addition to on boarding system through presenting new
employees right schooling in addition to orientation in tradition of corporation. It additionally
gives personnel a hazard to invite questions in addition to have interaction in communicate thru
supervisors approximately their operations.
Small scale research
As studies is described as a system of locating in addition to trying to find diverse
components of subject matter in diverse on the way to be collected from special wide variety of
reasserts. There are a few reasserts including number one or secondary via way of means of
which facts is accrued via quantitative and qualitative mode. those reassets offer special data
approximately task that's being performed.
Qualitative technique: As such of studies information is accumulated in sort of
uncommon as of right assertion that would be estimated from examines. subjective made a
difference is conveyed in sort of open finished question and assembling as a remarks from
respondents (Kallman, 2021). With this procedure realities is gathered in sort of perception,
finding measurements related to figures and considerations.
Quantitative technique: It is defining to facts series technique wherein facts is collected
in styles of tables, graphs, diagrams, facts and so on. In this it's far resolved via way of means of
wearing special norms in addition to end so that it will be carried via way of means of assist of
results. With this technique data is accrued via way of means of analysing special statistical data
and mathematical formulations.
Sampling: It is described to system wherein precise quantity of people a specific after
which the hunt is performed. For wearing up this studies pattern length is 30.
Questionnaire:
QUESTIONNAIRE
1.Do companyUnderstand about the concept of an employee retention?
a. Yes
b. No
2. According to companydo companyexperience that Tesla company should adopt
talent strategies for retain as well attract more individuals?
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a. Yes
b. No
3. According to companywhat are various strategies adopt by Tesla in the creating
new employees?
a. Training and Development
b. Orientation
4. How the talent retention strategies in company used?
a. Performance recognition
b. Equal opportunities
c. Implementing effective leadership styles
5. According to companywhich kind of talent management strategies are adopt by
firm to retain more employees?
a. Understanding potential of the job descriptions
b. Determining cultural fit in a company
6. Do companyfeel that it is significant to provide as well enhance its development
to its Workforce?
a. Yes
b. No
7. Is it essential for Tesla to the implement different talent retention strategies for
the retaining people?
a. Yes
b. No
8. According to companydo companybelieve your skills and development are being
enhanced working with the Tesla?
a. Yes
b. No
c. To some extent
Interpretation and findings
Findings and interpretation:
1.Do companyknow about the concept of an employee Frequency
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retention?
a. Yes 20
b. No 10
Interpretation:
From above theme it were inspected that 20 individuals guess that they have an idea
roughly specialist maintenance while 10 respondents out of 30 figures that they do now at this
point don't have any idea around thought of labourer maintenance. Accordingly, it's been
assessed that Most of faculty working in Tesla have idea around thought of business enterprise
maintenance.
.
2. According to companydo companyfeel that Tesla should use
talent strategies to retain and attract more individuals?
Frequency
a. Yes 28
b. No 2
Interpretation:
From above question it's been dissected that 28 respondents out of 30 feels that Tesla
need to utilize skill procedures for keeping up with as well as drawing in more noteworthy
person. Though 2 respondents experience that office need to now presently don't utilize aptitude
procedures for keeping up with as well as drawing in people. Subsequently, it's been assessed
that there might be a need of skill strategies in office.
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3. According to companywhat are different strategies used by
Tesla in creating new employees?
Frequency
a. Training and Development 15
b. Effective leadership 15
Interpretation:
From above question it's been dissected that 15 respondents accept that tutoring and
improvement should be used in business for growing new representatives. While unwinding 15
respondents expect that amazing administration should be used in Tesla for creating more
noteworthy representatives. Subsequently, it's been assessed that tutoring and improvement
notwithstanding amazing administration are for use in business.
4. How talent retention strategies are used in company? Frequency
a. Performance recognition 15
b. Equal opportunities 10
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c. Implementing effective leadership styles 5
Interpretation:
From above inquiry it's been dissected that abilities maintenance procedures are used in
office through method of method for by and large execution notoriety that is sense through
method of method for 15 respondents. Alongside 10 respondents feels that indistinguishable
potential outcomes are expressed to be incredible abilities maintenance technique. While
unwinding five respondents out of 30 thinks that implementing incredible administration
examples should show to amazing strategy used in organization.
5. According to companywhich talent management strategies
are used by company to retain more employees?
Frequency
a. Understanding potential of job descriptions 20
b. Determining cultural fit in company 10
Interpretation:
From above question it's been examined that abilities maintenance procedures are used in
office through method of method for in general execution notoriety that is sense by means of
method of method for 15 respondents. Alongside 10 respondents feels that indistinguishable
conceivable outcomes are expressed to be amazing abilities maintenance technique. Though
unwinding five respondents out of 30 thinks that authorizing incredible administration examples
should show to amazing technique used in organization.
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6. Do companyfeel that it is important to provide and improve
its development to its employees?
Frequency
a. Yes 25
b. No 5
Interpretation:
A writing evaluation is eluded as an concept which gives a tale evaluation is of exam
article. It is characterised as an study manner it is insightful paper which offers reward realities
which contains sizeable discoveries similarly to hypothetical nearby structures and dedication of
a particular point.
7. Is it important for Tesla to implement various talent
retention strategies for retaining people?
Frequency
a. Yes 15
10