Toyota Project Plan: Post-Brexit Supply Chain and ERP Implementation

This project plan outlines Toyota's strategic response to Brexit, focusing on upgrading supply chain management and implementing a new ERP solution. The plan begins with an overview of Toyota and the project's scope, followed by a comprehensive business environmental analysis, including SWOT and risk assessments, and stakeholder analysis. Detailed project planning encompasses a project plan, work breakdown structure, network diagram, and cost-benefit analysis. The document also addresses non-financial benefits, along with controlling, monitoring, and project closure strategies. The analysis considers the impact of Brexit on Toyota's operations, the need for supply chain adjustments, and the implementation of new ERP software to streamline business processes. The project plan incorporates all aspects of the project, from the initial planning phase to the final closure, ensuring a structured and efficient approach to achieving the project goals. The project aims to enhance operational efficiency, manage risks, and ensure compliance with the new trade conditions. The project is expected to take around six months and will cost around $70,000.

Running head: PROJECT MANAGEMENT
Project Management
Name of the Student
Name of the University
Author’s note

1PROJECT MANAGEMENT
Table of Contents
Overview of Toyota...................................................................................................................2
Scope statement..........................................................................................................................2
Business environmental analysis................................................................................................2
• SWOT Analysis...................................................................................................................2
• Risk Analysis.......................................................................................................................4
• Project Stakeholder Analysis...............................................................................................4
Detailed Planning.......................................................................................................................5
Project Plan............................................................................................................................5
Work Breakdown Structure..................................................................................................10
Network Diagram.................................................................................................................12
Cost Benefit Analysis...........................................................................................................14
Non-financial benefits of the Project...................................................................................17
Controlling Monitoring and Project Closure............................................................................18
Conclsion and Recommendation..............................................................................................18
References................................................................................................................................19

2PROJECT MANAGEMENT
Overview of Toyota
Toyota Motor Corporation is one of the popular multinational automotive companies
based in Japan. Toyota is the market leader in selling hybrid electric vehicles. It is the world’s
largest automobile manufacturer. They have their market all around the world and not limited
to Japan only. They sell cars in the UK as well. The Toyota cars are exported from the UK
and are sold in the EU market. Toyota builds their engine in the UK and assembles the car
parts in plants on various parts of EU. However, Brexit affects Toyota as well. Britain’s car
industry faces £4.5bn bill if they leave UE without conducting any trade deals.
Scope statement
Brexit affects almost all the car industries of the UK and Toyota is one of them. After
the Brexit, they will have to manufacture car engines and will have to assemble all the car
parts in the UK. Therefore, they will have to make changes in the business operations. Toyota
thus decides to update the supply chain management. They also plan to adopt a new ERP
solution. The project will take around 6 months to get completed. I have appointed by Toyota
to prepare a project plan following Toyota will carry out the business activities. The project
will cost around $ 70,000.
Business environmental analysis
• SWOT Analysis
Strength
i. The small car companies will not get help from the EU. It will help Toyota to stay ahead in
the local market.

3PROJECT MANAGEMENT
ii. Toyota has to follow the rules, regulations and restrictions of EU; they will not have
comparatively fewer restrictions (Seethamraju 2015).
iii. Toyota can hire more employees from the UK, and the UK will be benefitted.
Weaknesses
i. Toyota will have to follow heavy trade policies and will have to spend heavy on trading.
The UK market will shrink, and it will affect Toyota heavily.
ii. UK exit will negatively influence the tax revenues as well. Toyota will shrink until and
unless other markets are opened (Shen, Chen and Wang 2016).
iii. Many EU people will lose jobs. Toyota will lose skilled employees.
Opportunities
i. Britons support Brexit, and everyone believes that Britons will help the UK. Thus the UK
will get economic aid to re-establish itself as one of the leaders of the world (Tarhini, Ammar
and Tarhini 2015). This will give Toyota to reshape their business and establish themselves in
the UK market.
ii. The new ERP implementation will help Toyota to conduct the business efficiently and
ethically.
iii. The supply chain management system will help them to conduct the business according to
the Brexit conditions.
Threats
i. The UK banks suffered loss by $130bn for the Brexit. The British pound value gets
decreased to $1.35 (Ha and Ahn 2014). Toyota will also suffer economically and financially.

4PROJECT MANAGEMENT
• Risk Analysis
i. Toyota decides to upgrade the supply chain management for the Brexit. Toyota will bring
change in business process and decision making (Tian and Xu 2015). The new business
model can give them benefits or can prove to be disastrous.
ii. Brexit suffers economically and financially for the Brexit. Toyota can similarly suffer both
economically and financially. The risk is high. They will lose the competitive advantage in
the world. They will face heavy monetary loss.
iii. Toyota also plans to implement a new ERP solution. The Toyota employees need time to
adopt this new software (Antero 2015). The new ERP software is not fully tested; the
software can give faulty results.
• Project Stakeholder Analysis
Resource Name Type Role
Automobile mechanic Work He is responsible for constructing car parts
Automobile service mechanic Work
He is responsible to set up and assemble car parts and
provide necessary assistance to the automobile
mechanic
Automotive brake mechanic Work He is responsible for working on the brake of the car
Automotive mechanical repairer Work He repairs the car parts and does the wielding
Automotive service technician -
brakes Work He supports the brake mechanic, he setups the brake
in the car
Automotive service technician -
steering Work He works on the steering of the cars
Automotive service technician -
suspension Work He is in charge to work on the suspension of the car
Application Engineer Work He is in charge to monitor the operations of the ERP
software
Database Administrator Work He manages of the database of the ERP software
Programmer Work He writes codes for the ERP software
Programmer Analyst Work He analyses the ERP program and finds out the risks
and issues of the software
Project Manager Work He is responsible for monitoring and administering
the entire project
Toyota Director Work
He has appointed the Project Manager to recommend
a process to upgrade the supply chain management
and implementation of new ERP software
Automobile parts supplier Work He is responsible for supplying the car parts

5PROJECT MANAGEMENT
Mechanical parts supplier Work He is responsible for providing all the mechanical
parts of the car
Content writer Work He prepares the official documentation
Mechanical Engineer Work He is responsible for monitoring the mechanical
operations associated
Automobile Engineer Work He monitors whether the steering, brake, suspension,
tires have been appropriately setup or not
Painter Work He paints the car
Software Tester Work He tests the ERP application
Trainer Work He trains the employees of Toyota company
IT Support Work He assists the programmer, programmer analyst and
the software tester and the client
Detailed Planning
Project Plan
Task Name Duration Start Finish Predece
ssors Resource Names Cost
Toyota
implementing
new ERP System
193
days Wed 28-03-18 Fri 21-12-18 $
70,664.00
Toyota's post-
Brexit Supply Chain
Management
Process
124 days Wed 28-03-18 Mon 17-09-18 $ 43,400.00
Plan 16 days Wed 28-03-18 Wed 18-04-18 $ 2,304.00
Car Design and
Engineering 16 days Wed 28-03-18 Wed 18-04-18 $ 2,304.00
Cars' Parts
Selection 6 days Wed 28-03-18 Wed 04-04-18 Automobile mechanic $ 720.00
Design of Roll
Cage 6 days Thu 05-04-18 Thu 12-04-18 4 Automobile mechanic $ 720.00
Design of the
Suspension System 4 days Fri 13-04-18 Wed 18-04-18 5
Automobile
mechanic,Automotive
service technician -
suspension
$ 864.00
Source 9 days Fri 13-04-18 Wed 25-04-18 $ 3,456.00
Automobile
parts supply 5 days Fri 13-04-18 Thu 19-04-18 5 Automobile parts
supplier $ 640.00
Mechanical
components supply 5 days Fri 13-04-18 Thu 19-04-18 5 Mechanical parts
supplier $ 640.00
Tires' supply 4 days Fri 13-04-18 Wed 18-04-18 5 Automobile parts
supplier $ 512.00
Miscellaneous 5 days Fri 13-04-18 Thu 19-04-18 5 Automobile parts $ 1,280.00

6PROJECT MANAGEMENT
components supplier,Mechanical
parts supplier
Creating Final
Bill of the
Components
4 days Fri 20-04-18 Wed 25-04-18 8,9,10,
11 Content writer $ 384.00
Make 51 days Thu 26-04-18 Thu 05-07-18 $ 17,776.00
Car
Manufacturing 23 days Thu 26-04-18 Mon 28-05-18 $ 8,032.00
Roll Cage
Design and
Implementation
9 days Thu 26-04-18 Tue 08-05-18 $ 5,152.00
Evaluation 5 days Thu 26-04-18 Wed 02-05-18 12
Automobile
Engineer,Mechanical
Engineer
$ 1,600.00
Car
Material Analysis 4 days Thu 26-04-18 Tue 01-05-18 12 Automobile Engineer $ 640.00
Performance
Analysis of Car
4 days Thu 03-05-18 Tue 08-05-18 16
Automobile
Engineer,Automobile
service
mechanic,Automotive
service technician -
brakes,Automotive
service technician -
steering,Automotive
service technician -
suspension
$ 2,272.00
Final
Drawings 4 days Thu 03-05-18 Tue 08-05-18 16 Automobile Engineer $ 640.00
Car System
Design and
Implementation
14 days Wed 09-05-18 Mon 28-05-18 $ 2,880.00
Dynamic
Simulation 4 days Wed 09-05-18 Mon 14-05-18 19 Automobile Engineer $ 640.00
Detailed
Analysis of the
Materials used for
Cars
6 days Tue 15-05-18 Tue 22-05-18 21 Mechanical Engineer $ 960.00
Final
Drawings 4 days Wed 23-05-18 Mon 28-05-18 22
Automobile
Engineer,Mechanical
Engineer
$ 1,280.00
Car Fabrication 28 days Tue 29-05-18 Thu 05-07-18 $ 9,744.00
Assemble
Roll Cage 18 days Tue 29-05-18 Thu 21-06-18 $ 4,304.00
Pipe Work 5 days Tue 29-05-18 Mon 04-06-18 23
Mechanical
Engineer,Automotive
mechanical repairer
$ 1,400.00
Joint Work 5 days Tue 05-06-18 Mon 11-06-18 26
Mechanical
Engineer,Automotive
mechanical repairer
$ 1,400.00

7PROJECT MANAGEMENT
Levelling 4 days Tue 12-06-18 Fri 15-06-18 26,27
Automotive
mechanical
repairer,Mechanical
Engineer
$ 1,120.00
Electrostatic
Painting
4 days Mon 18-06-18 Thu 21-06-18 26,27,2
8 Painter $ 384.00
Assemble
Suspension System 10 days Fri 22-06-18 Thu 05-07-18 $ 5,440.00
Organising
Car Parts 4 days Fri 22-06-18 Wed 27-06-18 29
Automobile
Engineer,Automobile
mechanic,Automobile
service mechanic
$ 1,600.00
Car Front
Suspension
Assemble
6 days Thu 28-06-18 Thu 05-07-18 31
Automobile
Engineer,Mechanical
Engineer
$ 1,920.00
Car Rear
Suspension
Assemble
6 days Thu 28-06-18 Thu 05-07-18 31
Automobile
Engineer,Mechanical
Engineer
$ 1,920.00
Testing and
Delivery 30 days Fri 06-07-18 Thu 16-08-18 $ 14,008.00
Final Assemble 15 days Fri 06-07-18 Thu 26-07-18 $ 6,096.00
Assemble
Steering System 6 days Fri 06-07-18 Fri 13-07-18 33
Automobile
Engineer,Automobile
service
mechanic,Automotive
service technician -
steering
$ 2,256.00
Assemble
Braking System 6 days Fri 06-07-18 Fri 13-07-18 33
Automobile
Engineer,Automotive
brake
mechanic,Automotive
service technician -
brakes
$ 2,256.00
Painting 4 days Mon 16-07-18 Thu 19-07-18 36,37 Painter $ 384.00
Customisation 5 days Fri 20-07-18 Thu 26-07-18 38
Automobile
mechanic,Automobile
service mechanic
$ 1,200.00
Testing 12 days Mon 16-07-18 Tue 31-07-18 $ 3,544.00
Braking Test 4 days Mon 16-07-18 Thu 19-07-18 37 Automotive service
technician - brakes $ 384.00
Acceleration
Test 3 days Fri 20-07-18 Tue 24-07-18 41 Automobile service
mechanic $ 360.00
Detailed
Inspection of
Assembly and
Welding
5 days Wed 25-07-18 Tue 31-07-18 36,37,4
1,42
Automobile
Engineer,Mechanical
Engineer,Project
Manager
$ 2,800.00
Testing of
Procured Parts of
12 days Wed 01-08-18 Thu 16-08-18 $ 4,368.00

8PROJECT MANAGEMENT
Cars
Operation
Testing 4 days Wed 01-08-18 Mon 06-08-18 43
Automobile
Engineer,Project
Manager
$ 1,600.00
Warranty File
Review 3 days Tue 07-08-18 Thu 09-08-18 45
Automobile
Engineer,Content
writer
$ 768.00
Final
Approval 5 days Fri 10-08-18 Thu 16-08-18 46
Automobile
Engineer,Project
Manager,Toyota
Director
$ 2,000.00
Return 10 days Fri 17-08-18 Thu 30-08-18 $ 2,400.00
Earned
Revenues 5 days Fri 17-08-18 Thu 23-08-18 47 Project Manager $ 1,200.00
Profit
Calculation 5 days Fri 24-08-18 Thu 30-08-18 49 Project Manager $ 1,200.00
Documentation
Processes 6 days Fri 31-08-18 Fri 07-09-18 50 Content writer,Project
Manager $ 2,016.00
Renewal of
Processes 6 days Mon 10-09-18 Mon 17-09-18 51 Project Manager $ 1,440.00
Software 14 days Tue 18-09-18 Fri 05-10-18 $ 3,776.00
Developing RFP 5 days Tue 18-09-18 Mon 24-09-18 51,52 Application
Engineer,Programmer $ 1,520.00
Selecting ERP
System 2 days Tue 25-09-18 Wed 26-09-18 54
Application
Engineer,Project
Manager
$ 768.00
Signing Contract 2 days Thu 27-09-18 Fri 28-09-18 55
Application
Engineer,Project
Manager,Toyota
Director
$ 768.00
Receiving
Software 2 days Mon 01-10-18 Tue 02-10-18 56 Application Engineer $ 288.00
Renewal of
Software 3 days Wed 03-10-18 Fri 05-10-18 57 Application Engineer $ 432.00
Hardware 9 days Tue 18-09-18 Fri 28-09-18 $ 4,016.00
Hardware
Upgradation 5 days Tue 18-09-18 Mon 24-09-18 52 Project Manager $ 1,200.00
Project Office
Setup 4 days Tue 25-09-18 Fri 28-09-18 60
Application
Engineer,Database
Administrator,Program
mer Analyst,Project
Manager
$ 2,816.00
ERP Implementer 20 days Tue 18-09-18 Mon 15-10-18 $ 4,800.00
Developing RFP 5 days Tue 18-09-18 Mon 24-09-18 51,52 Programmer,Program
mer Analyst $ 1,680.00
Proposals
Detailed Review
3 days Wed 03-10-18 Fri 05-10-18 56,57 Programmer
Analyst,Content
writer,Application
$ 1,248.00

9PROJECT MANAGEMENT
Engineer
ERP
Implementer
Selection
3 days Mon 08-10-18 Wed 10-10-18 64
Application
Engineer,Project
Manager
$ 1,152.00
Sign Contract 3 days Thu 11-10-18 Mon 15-10-18 65
Project
Manager,Toyota
Director
$ 720.00
ERP System
Installation 35 days Mon 01-10-18 Fri 16-11-18 $ 11,056.00
Documentation 9 days Tue 16-10-18 Fri 26-10-18 $ 864.00
Documentation
Processes 5 days Tue 16-10-18 Mon 22-10-18 66 Content writer $ 480.00
End-User
Documentation
Preparation
4 days Tue 23-10-18 Fri 26-10-18 69 Content writer $ 384.00
Training 11 days Mon 29-10-18 Mon 12-11-18 $ 1,584.00
Training
Conduct Level I 4 days Mon 29-10-18 Thu 01-11-18 70 Trainer $ 576.00
Training
Conduct Level II 4 days Fri 02-11-18 Wed 07-11-18 72 Trainer $ 576.00
Train End User 3 days Thu 08-11-18 Mon 12-11-18 72,73 Trainer $ 432.00
Configuration 8 days Mon 01-10-18 Wed 10-10-18 $ 2,496.00
System
Implementation and
Configuration
4 days Mon 01-10-18 Thu 04-10-18 55,56 Application Engineer $ 576.00
Preparing
Prototype 4 days Fri 05-10-18 Wed 10-10-18 76
Application
Engineer,Programmer,
Programmer Analyst
$ 1,920.00
Development 11 days Fri 05-10-18 Fri 19-10-18 $ 3,072.00
Assessing
Project
Requirements
4 days Fri 05-10-18 Wed 10-10-18 76 Project Manager $ 960.00
Preparing
Project Design 4 days Thu 11-10-18 Tue 16-10-18 79 Project Manager $ 960.00
Building
Prototype 3 days Wed 17-10-18 Fri 19-10-18 79,80
Application
Engineer,Project
Manager
$ 1,152.00
Data Migration 10 days Mon 22-10-18 Fri 02-11-18 $ 1,440.00
Assessing Data
Requirements 4 days Mon 22-10-18 Thu 25-10-18 81 Database
Administrator $ 576.00
Preparing Data 3 days Fri 26-10-18 Tue 30-10-18 83 Database
Administrator $ 432.00
Uploading Data 3 days Wed 31-10-18 Fri 02-11-18 84 Database
Administrator $ 432.00
Testing 10 days Mon 05-11-18 Fri 16-11-18 $ 1,600.00
Performing
Unit Tests 5 days Mon 05-11-18 Fri 09-11-18 85 Software Tester $ 800.00
Performing 5 days Mon 12-11-18 Fri 16-11-18 87 Software Tester $ 800.00

10PROJECT MANAGEMENT
Integration Tests
Support 14 days Mon 19-11-18 Thu 06-12-18 $ 1,792.00
Procedures for
Setup 6 days Mon 19-11-18 Mon 26-11-18 87,88 IT Support $ 768.00
Help Desk
Upgrade 4 days Tue 27-11-18 Fri 30-11-18 90 IT Support $ 512.00
Providing
Assistance 4 days Mon 03-12-18 Thu 06-12-18 91 IT Support $ 512.00
Project Closure 11 days Fri 07-12-18 Fri 21-12-18 $ 1,824.00
Project handover
to the Client 4 days Fri 07-12-18 Wed 12-12-18 92
Project
Manager,Toyota
Director
$ 960.00
Client's
Agreement 3 days Thu 13-12-18 Mon 17-12-18 94 Toyota Director $ 0.00
Preparing Final
Documentation of
the Project
4 days Tue 18-12-18 Fri 21-12-18 94,95 Content writer $ 384.00
Resource
Release 2 days Tue 18-12-18 Wed 19-12-18 95 Project Manager $ 480.00
Work Breakdown Structure
WBS Task Name Duration Start Finish
0 Toyota implementing new ERP System 193 days Wed 28-03-18 Fri 21-12-18
1 Toyota's post-Brexit Supply Chain Management Process 124 days Wed 28-03-18 Mon 17-09-18
1.1 Plan 16 days Wed 28-03-18 Wed 18-04-18
1.1.1 Car Design and Engineering 16 days Wed 28-03-18 Wed 18-04-18
1.2 Source 9 days Fri 13-04-18 Wed 25-04-18
1.3 Make 51 days Thu 26-04-18 Thu 05-07-18
1.3.1 Car Manufacturing 23 days Thu 26-04-18 Mon 28-05-18
1.3.1.1 Roll Cage Design and Implementation 9 days Thu 26-04-18 Tue 08-05-18
1.3.1.2 Car System Design and Implementation 14 days Wed 09-05-18 Mon 28-05-18
1.3.2 Car Fabrication 28 days Tue 29-05-18 Thu 05-07-18
1.3.2.1 Assemble Roll Cage 18 days Tue 29-05-18 Thu 21-06-18
1.3.2.2 Assemble Suspension System 10 days Fri 22-06-18 Thu 05-07-18
1.4 Testing and Delivery 30 days Fri 06-07-18 Thu 16-08-18
1.4.1 Final Assemble 15 days Fri 06-07-18 Thu 26-07-18
1.4.2 Testing 12 days Mon 16-07-18 Tue 31-07-18
1.4.3 Testing of Procured Parts of Cars 12 days Wed 01-08-18 Thu 16-08-18
1.5 Return 10 days Fri 17-08-18 Thu 30-08-18
1.6 Documentation Processes 6 days Fri 31-08-18 Fri 07-09-18
1.7 Renewal of Processes 6 days Mon 10-09-18 Mon 17-09-18
2 Software 14 days Tue 18-09-18 Fri 05-10-18
3 Hardware 9 days Tue 18-09-18 Fri 28-09-18
4 ERP Implementer 20 days Tue 18-09-18 Mon 15-10-18

11PROJECT MANAGEMENT
5 ERP System Installation 35 days Mon 01-10-18 Fri 16-11-18
5.1 Documentation 9 days Tue 16-10-18 Fri 26-10-18
5.2 Training 11 days Mon 29-10-18 Mon 12-11-18
5.3 Configuration 8 days Mon 01-10-18 Wed 10-10-18
5.4 Development 11 days Fri 05-10-18 Fri 19-10-18
5.5 Data Migration 10 days Mon 22-10-18 Fri 02-11-18
5.6 Testing 10 days Mon 05-11-18 Fri 16-11-18
6 Support 14 days Mon 19-11-18 Thu 06-12-18
7 Project Closure 11 days Fri 07-12-18 Fri 21-12-18

12PROJECT MANAGEMENT
Network Diagram

13PROJECT MANAGEMENT

14PROJECT MANAGEMENT
Cost Benefit Analysis
Cost-Benefit - INPUT VALUES
Hardware $ 4,016.00
Software $ 3,776.00
Development team salaries $ 3,072.00
Training $ 1,584.00
Total Development Cost $ 12,448.00
Hardware $ 3,560.00
Software $ 309.00
Operational Labour $ 17,500.00
Total Operational Cost $ 21,369.00
Approximate salary savings $ 99,950.00
Reduced operating cost $ 35,550.00
Total Benefit $ 1,35,500.00
Discount Rate Used 3.00%

15PROJECT MANAGEMENT
Project
Cost-Benefit
Analysis
Analysis
Variables:
Enter values for the cost-benefit analysis in the
INPUT_VALUES worksheet.
Discount
Rate Used
3.00
%
Annual
Benefits
$
1,35,
500.0
0
Annual
Operational
Costs
$
21,36
9.00
One-Time
Developmen
t Cost
$
12,44
8.00
Year of Project
0 1 2 3 4 5 TOTALS
Economic
Benefit
$0.0
0
$1,3
5,500
.00
$1,3
5,500
.00
$ 1,35,500.00 $
1,35,500.0
0
$
1,35,50
0.00
Discount
Rate
1.00
00
0.970
9
0.942
6
0.9151 0.8885 0.8626
PV of
Benefits
$0.0
0
$1,31
,553.
40
$1,27
,721.
75
$1,24,001.69 $1,20,389.
99
$1,16,8
83.49
NPV of all
BENEFITS
$0.0
0
$1,3
1,553
.40
$2,5
9,275
.14
$ 3,83,276.84 $
5,03,666.8
3
$
6,20,55
0.32
$
6,20,550.32
One-Time $(12

16PROJECT MANAGEMENT
COSTS ,448.
00)
Recurring
Costs
$0.0
0
$
(21,3
69.00
)
$
(21,3
69.00
)
$ (21,369.00) $
(21,369.00
)
$
(21,369.
00)
Discount
Rate
1.00
00
0.970
9
0.942
6
0.9151 0.8885 0.8626
PV of
Recurring
Costs
$0.0
0
$
(20,7
46.60
)
$
(20,1
42.33
)
$ (19,555.66) $
(18,986.08
)
$
(18,433.
09)
NPV of all
COSTS
$(12
,448.
00)
$
(33,1
94.60
)
$
(53,3
36.93
)
$ (72,892.60) $
(91,878.68
)
$
(1,10,31
1.76)
$
(1,10,311.76)
Overall
NPV
$
5,10,238.56
Overall ROI
4.6254
Break-even
Analysis
Yearly NPV
Cash FLOW
$(12
,448.
00)
$1,1
0,806
.80
$1,0
7,579
.41
$ 1,04,446.03 $
1,01,403.9
2
$
98,450.
40
Overall NPV
Cash FLOW
$(12
,448.
00)
$
98,35
8.80
$2,0
5,938
.21
$ 3,10,384.24 $
4,11,788.1
6
$
5,10,23
8.56

17PROJECT MANAGEMENT
Non-financial benefits of the Project
The new ERP implementation will assist the employees of the organisation to carry
out the business process more efficiently and more accurately. The managers and the
directors of Toyota will be able to monitor and manage the business operations and the
clients’ activities well. They can predict the profit.

18PROJECT MANAGEMENT
Controlling Monitoring and Project Closure
The Project manager prepares the entire project plan, and he is responsible for
controlling and the monitor every activity of the project. He must monitor whether all the
activities are being carried out within the stipulated time and stipulated budget. The
stakeholders are bound to follow the project plan and need to finish the activities within the
timeline and the budget. If they fail to deliver within the timeline, the project cost will
increase, and in that scenario, Toyota can suffer heavy loss (Issar and Navon 2016). After the
completion, the project will be handed over to the Toyota Director. If he is satisfied, he will
clear all the payments and project manager will release all the resources. If he is not satisfied,
the project manager will have to change strategies and will have to rework. The project
manager needs to keep records and needs to prepare documentation for the business process.
Conclusion and Recommendation
The UK will have to face tough challenges in post Brexit period. There is a possibility
they can suffer both economically and financially. This can negatively influence Toyota.
Toyota can face suffering from the economic crisis as well. Toyota thus decides to change the
business model. They plan to upgrade the supply change management process and want to
implement the ERP software on their premises. All these can help them to adapt to the
adverse condition of Brexit. They can get a competitive advantage and earn a profit.
They need to hire a trainer. The trainer will train the employees about the ERP
software. The employees can be able to carry out the business operations more efficiently.
The Director, the automobile engineer and the mechanical engineer, will have to take the
responsibility and will have to ensure that the business operations will be carried out
efficiently.

19PROJECT MANAGEMENT
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Chofreh, A.G., Goni, F.A., Shaharoun, A.M., Ismail, S. and Klemeš, J.J., 2014. Sustainable
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