Hi, I need answer for Assessment 2 ( Use Your own word ) I attach 2 files, the first files is ass 1 and the second is ass 2. ass 1 is already answer. I put ass 1 because to answer assessment 2 we need

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Hi, I need answer for Assessment 2 ( Use Your own word )

I attach 2 files, the first files is ass 1 and the second is ass 2.

ass 1 is already answer.

I put ass 1 because to answer assessment 2 we need answer for ass 1.

Thank you.

Hi, I need answer for Assessment 2 ( Use Your own word ) I attach 2 files, the first files is ass 1 and the second is ass 2. ass 1 is already answer. I put ass 1 because to answer assessment 2 we need
Project Work Assessment 1 Activity 1 – Brand or Company details Requires 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: [email protected]&m.com.au To: [email protected]&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: [email protected]&m.com.au To: [email protected]&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.
Hi, I need answer for Assessment 2 ( Use Your own word ) I attach 2 files, the first files is ass 1 and the second is ass 2. ass 1 is already answer. I put ass 1 because to answer assessment 2 we need
Project Work Assessment 2 Part A Question 1: In the table below, list the project deliverables and suggest quality standards. Explain the quality assurance tools you can put in place for each. Make sure to include project process deliverables (time, cost…) as well as the project expected deliverable (the advertising campaign). Deliverables Quality standard / metrics Quality assurance Question 2: a. Develop a document to share with your team. Detail in this document the roles and responsibilities for 2 of your team members using the table below Title Role Team member 1 Include title- Responsibilities 1. 2. 3. 4. Title Role Team member 2 Include title- Responsibilities 1. 2. 3. 4. b. Explain how you will communicate to project team members responsibilities and project requirements – give 2 examples. Answer : c. What support will you provide to your team members to help them achieve project deliverables? Give 2 examples. Deliverables Communication Support Team member 1 Include title- 1. 2. 1. 2. Team member 2 Include title- 1. 2. 1. 2. Question 3: a. Create a list of the records you need to keep during the project implementation. Explain why. Record Why Example: time allocated from each team member To calculate team payment and communicate it to HR to process their pay accurately. b. Use the budget amount prepared for Assessment 1. Assume some actual numbers are different from the original budget and explain why (at least 2) and complete the financial record keeping below. Budget item Total Budget Actual Spent Variance Comment Total: Question 4: Throughout the implementation of your project you need to monitor progress. In the table below identify what you will monitor during the project implementation and explain how. What How Question 5: Your advertising campaign is expected to drive high traffic to your website, however your IT team member told you that the company website could be very slow to upload with a sudden high traffic. Explain the impact of that risk. Assess it and explain how to manage it by answering the questions below: a. What would be the impact of a slow website on customers’ experience? Answer : b. Using the table below assess the risk. Very likely Acceptable risk Medium Unacceptable risk High Unacceptable risk Very high Likely Acceptable risk Low Acceptable risk Medium Unacceptable risk High Unlikely Acceptable risk Low Acceptable risk Low Acceptable risk Medium Low Medium High LIKELIHOOD IMPACT c. Explain how you will manage that risk. Risk assessment Strategy to Manage the risk Part B – Finalise and review project Question 1: a. Identify the documents that need to be signed off to conclude the project. Answer : b. How will you support the team members to transition them as appropriate at completion of the project? Answer : Question 2: a. Using the project scope, the resources, time frame and budget developed in Assessment 1 conduct a review of the project outcomes and processes against the project scope and plan. Scope Plan Actual Comments Objective Target outcomes Budget Physical Resources Financial Resources Human resources Technological resources Project start date Project end b. Based on your project review suggest improvements for the future provide 2 recommendations for project improvement. Hint: consider the process, the tools, team improvements. Answer :

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