Project Work
Assessment 1
Activity 1 – Brand or Company details
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Write My Essay For MeRequires to visit selected brand or company website and explain
Brand or company selected: | H&M Hennes & Mauritz is a leader in the innovation of fast fashion and unique clothing lines. |
Mission: | The company’s mission is to create positive long-term solutions for communities through investing in innovative idea. The process of providing funding will occur after assessing the alternatives to ensure quality clothes and fast fashion products are made. Transforming the shopping experience is a first step in guaranteeing high satisfaction. Implementing organisational strategies to develop online platforms to guarantee clients freedom and comfort. Any discriminatory clothes are discouraged. Therefore, the company encourages diversity. Display clothes for men, women, and children is done in an orderly manner. |
Goals & objectives: | The main goals and objectives of H&M are grouped into three categories. First category, the company seeks to remain a leader in fashion innovation and drive transparency in the industry that has recently been involved in ethical issues. Second category, the company wants to grow the number of employees through globalization strategies and ensure diversity in employment is achieved. The last category, the business seeks to use sustainable materials in their productions. A climate-positive business process will guarantee business continuity. |
Operations of the organisation: | H&M business operations revolve around providing quality and affordable clothes for its clients. Unlike ZARA, which uses in house production, H&M utilizes outsourcing production mechanisms as they are cheaper and eliminate intermediaries that might increase price. It leads to a strong relationship with suppliers. The model and organizational operations lead the company being confined to the price economy. |
Activity 2 – Establish Project Parameters
Identify Project Scope – Part 1
Scope | Comments |
Title | Hennes & Mauritz Global growth strategy |
Background/Context | To achieve high profits |
Objective | Become a leading innovator |
Target outcomes | Increased customer retention |
Identify Project Scope – Part 2
a. require to identify the stakeholders, their roles and responsibility.
identify communication expected.
Stakeholders | Role & responsibility | Communication |
Example: CEO | Approval of plan Overseeing progress and results | Final plan for approval Monthly progress report Final evaluation report |
COO | Day to day administration | Definition and closing phase |
CMO | Oversees marketing activities | Execution and monitoring stage |
CTO | Development and dissemination of technology | Execution of new technology |
CFO | Cash flow and financial management | Initial and closure phase |
b. identify the resources needed for project and specify whether these
resources are available or need to be purchased/acquired.
Resource type | Details | Availability Yes/no |
Physical Resources | Machinery and equipment. Buildings and office spaces. Vehicles and trucks. | Yes |
Financial Resources | Cash balances. Bank overdraft. Bank and other loans. Shareholders’ capital | Yes |
Technological Resources | Electronic devices, software | Yes |
Activity 3 – Delegating Authority
Identify if you or your team members have the authority to decide or clarification from a higher managerial level to ask for approval the authority.
Situation | |
Example: the cost of the project is exceeding the budget | As the project team you are not allowed to approve additional costs – you need to seek management approval. |
You received from the designer 3 options which you don’t know how to choose from. The team suggested doing a quick internal research at no cost. | Weighing of the benefits and market penetration of each of the designer will guarantee success. |
There is a powerful competition campaign running now – you prefer to postpone your campaign to make sure you grab consumer attention and not get confused with competition. | As the project team the chief marketing officer will provide alternative that will help in guaranteeing product penetration. |
A team member resigned and you need a new member to replace him/her. | Outsourcing the procedure is a better option. |
Activity 4 – Risk management
Complete the risk register
Risk description | Likelihood Unlikely/ likely/ very likely | Impact High/ medium/ low | Action to mitigate risk Action to reduce the likelihood or the impact |
Time crunch | likely | medium | Adding outsourced resources |
Lack of clarity | unlikely | low | Monitoring tools |
High costs | likely | high | Loans |
Low performance | unlikely | high | Replacing low performing employees |
Activity 5 – Develop project budget, Prepare a budget
a. Develop project budget
Budget item | Unit cost Per hour rate | Total unit Hours | Total Budget |
Utilities | $20 | 20 | $400 |
Transport | $15 | 10 | $150 |
Professional fees | $50 | 20 | $1000 |
Technology | $60 | 30 | $1800 |
Medical/health | $50 | 50 | $2500 |
Total : | $195 | 130 | $5850 |
b. Write a message to the CEO, explaining the budget and asking for his approval.
Answer : Hi,
I am sending this request for your approval about project
budget.
The budget will consist of five categories namely transport,
utilities, professional fees, technology, and medical/health.
Total unit cost per hour rate is $195, total unit is 130 and the
total budget of five categories is $5850.
I would appreciate your approval of our project budget. Thank
you for your attention.
Activity 6 – Develop time frame
- Develop a project plan by creating a Gantt Chart
Answer : Gantt Chart
Week 1 Week 2 Week 3 Week 4
Task 1 Planning
Task 2 Designing
Task 3 Implementation
Task 4 Follow-up
- Explain how you will consult with the team members and why you need their views in planning the project.
Answer : I will do a meeting with my team members before we
start our project.
I need their views in planning project because my team
members and I will work together in running this project.
So, I need their opinion in planning and running the
project that we are going to do.
- Formulate an email to the marketing manager to consult with them about the project breakdown
From: angelianatasyamulia@h&m.com.au To: marketingmanager@h&m.com.au Date: 14 February 2022 Subject: Project breakdown Hi, I want to consult with you about the project breakdown. The project will begin with the planning phase where all stakeholders will be identified and their roles in the project. The second step is designing where the costs and quality of the final project will be discusses. The cost and scope will determine if the project will reach the implementation phase. Our project budget has a minimum amount can carter for a project, therefore, the $5850 identified is within the total amount. Once follow-up stage is completed, the post-mortem process will start. Kindly if you spot any gaps reach out and advise accordingly. Kind Regards, Angelia Natasya Mulia Brand Manager. |
- Identify appropriate project management tools and explain the benefit of using it.
Answer : Project management tools are vital for planning and
initiation phases of projects. They show the scope,
quality and cost. Besides the Gantt chart, other project
management tools that will get utilized include the Work
Breakdown Structure and communications management
plan. The company’s mission is to create positive long
term solutions for workers through investing in a project
management strategies that are innovative. The process
of providing funding will occur after assessing the
alternatives to ensure quality clothes and fast fashion
products are made.
- Explain relevant legislation and regulations including WHS requirements for project planning.
Answer :
- Human rights : There’s a lot to be said on the relationship between human rights and the globalised fashion industry. We naturally associate ‘fashion law’ with assisting designers or customers, and it’s due to an unfortunate lack of laws protecting garment workers that so many human rights abuses in fashion manufacturing.
- Technology, privacy data : The law will continuously adjust the contending accommodation of online shopping with what society considers an adequate break of protection. While a web-based store is extraordinary for giving neighbourhood style a worldwide crowd, it can likewise land an organization inside the security laws of any nation where its item can be transported, on top of Australia’s now intensive protection regulations.
- WHS : the major safety and health : exposure to cotton dust, exposure to chemicals, exposure to noise, ergonomic issues.
Activity 7 – Finalise project plan and gain necessary approvals to
commence project according to documented plan
Write an email to seek approval from senior management
From: angelianatasyamulia@h&m.com.au To: CEO@h&m.com.au Date: 14 February 2022 Subject: Advertising project details for approval Hi, The project to enhance the global presence of H&M has began with the planning phase being completed. The main goal is to determine if the business has invested enough to achieve the goals of future fast fashion clients. The budget developed catered for five elements necessary for the completion of the project were identified through professional help. Kindly allow the company to begin the project to guarantee business operations will remain profitable. Kind Regards, Angelia Natasya Mulia Brand manager. |
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