Managing Projects: A project of acquisition between ABC Plc and DEF Ltd (GC0130)
Task 2: A project of acquisition between ABC Plc and DEF Ltd
Executive summary
This proposed project’s key purpose is to merge ABC Plc and DEF Ltd successfully. ABC Plc is successful as well as established merger and acquisition. This company owns several foods and drinks retailers and manages different famous brands in the UK. Now ABC Plc is thinking of acquisition with DEF Ltd. On the other hand, DEF Ltd is a very famous high-street food and drink manufacturer. In addition, DEF Ltd has many outlets in most of the cities or towns in the UK.
ABC Plc’s board has offered a great offer to the DEF board for acquisition. Furthermore, this great offer has been taken by the board and shareholders of DEF Ltd. The predictable budget is £2 million for this proposed project. In addition, this proposed acquisition should be done in 12 weeks. The skills and abilities of the stakeholders and the process of the management are also focused on this proposed project. Finally, the project lifecycle, project control, project process, leadership, and administrations and the risks connected to this project are followed by this proposed project.
2.0 Introduction
This proposed project’s key purpose is to merge ABC Plc and DEF Ltd successfully. ABC Plc is successful as well as established merger and acquisition. This company owns several foods and drinks retailers and manages different famous brands in the UK. Now ABC Plc is thinking of acquisition with DEF Ltd. On the other hand, DEF Ltd is a very famous high-street food and drink manufacturer. In addition, DEF Ltd has many outlets in most of the cities or towns in the UK. ABC Plc’s board has offered a great offer to DEF Ltd. board for acquisition. Furthermore, this great offer has been taken by the board and shareholders of DEF Ltd.
The predictable budget is £2 million for this proposed project. In addition, this proposed acquisition should be done in 12 weeks. The skills and abilities of the stakeholders and the process of the management are also focused on this proposed project. Finally, the project lifecycle, project
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2.1 Project Life Cycle
t control, project process, leadership and administrations and the risks connected to this project are followed by this proposed project.
The term “Project Life Cycle” includes four key steps including project initiation, project planning, project execution and project closure which are followed by the project managers for managing the project work (Mavenlink, 2018). This Project Life Cycle gives a standard structure for managing several kinds of projects in the business.
2.1.1 Project Initiation Step
The management system of the project should describe the purpose and scope and feasibility study of the project to conduct the project work (Mavenlink, 2018).
Purpose and scope of the project
Project objectives
The key objective of this proposed project is to merge ABC Plc and DEF Ltd successfully where the predictable budget is £2 million and about 12 weeks need to conduct this proposed project.
Project Deliverables
This proposed project will merge ABC Plc and DEF Ltd successfully. In this case, there will be needed a budget of £2 million and 12 weeks times to complete this project. This proposed project will start on 1 December 2018 and will be completed by 27 February 2019. Thus, this proposed propjet will be completed and delivered within 28 February 2019 to its users……………
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