Critically evaluate and examine a range of PMP and research methods for gathering information and data collection. You should also aim to explain the stages of PLC and factors
The submission is in the form of a portfolio which includes the following components:
- Project management plan including a work breakdown structure in the form of a Gantt chart.
- A comprehensive management report (Reflective summary).
- A completed project logbook (Use the template provided for logbook).
- Performance Review template (Use the template provided).
Please also provide a bibliography using the Harvard referencing system. The recommended word limit is 2,500 to 3,500 words, including speaker notes, although you will not be penalized for exceeding the total word limit.
LO1: Explain the key stages of the project lifecycle that should be considered when project managing
LO2: Produce a Project Management Plan (PMP) for a business project using primary and secondary research methods
LO3: Implement the Project Management Plan (PMP) to communicate results from the research and make conclusions from the evidence of findings
LO4: Reflect on value gained from implementing the project and the project management process
Talent management (TM) refers to the way organisations identify, attract, develop, and retain talented employees who contribute positively to business performance and productivity. It is a key part of human resource management and is not only the responsibility of the HR department, but also of leaders and line managers at all levels within the organization. Effective talent management strategies are designed to reflect the specific needs, structure, and industry in which a business operates.
Important aspects of talent management include the role of managers in supporting employee learning, development, and well-being, as well as using talent management as a way to promote positive workplace culture and employee engagement. Organisations also need to adapt their talent management approaches to different situations and explore new and flexible ways of working to remain competitive. However, developing a strategic approach to talent management can be challenging due to economic pressures, rising costs, and day-to-day operational demands.
Staff retention, training, and morale are particularly important, as motivated and skilled employees can help organisations stand out from competitors and achieve long-term success. As recruitment becomes more difficult and employee expectations continue to change, many businesses are rethinking traditional approaches to attracting, developing, and retaining staff to maximize talent and gain a competitive advantage.
As a Junior Business Project Manager in a consultancy team, you have been asked to carry out a small-scale research project to investigate “What Talent Management Strategies Leading Companies Use to Attract and Retain People?”.
You are required to select at least two companies of your choice and explore how their talent management practices contribute to employee motivation, retention, and organisational performance. Your project should examine the effectiveness of these strategies and consider the extent to which they help organisations achieve competitive advantage.
The research report shall consist of the following:
Critically evaluate and examine a range of PMP and research methods for gathering information and data collection. You should also aim to explain the stages of PLC and factors (Deliverables, quality, risk, communication and resources and their contribution to the success of a project, the project -management process.
Produce a detailed PMP and a work breakdown structure and a schedule to provide timeframes and stages for completion that covers aims, objectives, deliverables, quality, risk, communication resources and research methods. You should also justify the choices made in the design of the PMP for completing the aims and objectives of the project
Justify and present conclusion and recommendations drawn from data analysis and findings to meet the stated project objectives by conducting a business project as stated within the PMP and communicate findings.
Critically reflect on the findings from the research and the project management process in supporting stated objectives and own learning and evaluate the project management process to meet stated objectives and support own learning performance.
