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Unit 320 ILM Level 3

Unite 320 ILM Level 3 Managing Workplace Projects is a course qualification for learners who are engaged in management and leadership roles in the UK.  The module is made to help individuals develop essential project management skills to complete all the objectives and targets in their workplace.

This course module is composed of different topics, including project planning techniques, financial and non-financial asset management, project evaluation, conflict management, and risk assessment.  After completion of this course, students will develop the skills and knowledge required to manage a project effectively.

Learners will also demonstrate the best practices of project management in their work environments. of leadership and management course qualification in the UK.

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This qualification is aimed at helping learners develop the skills required for successful and effective planning of a whole project in any organization. It is designed by the Institute of Leadership & Management (ILM), a renowned institution. 

It is good to follow the best project management techniques in the workplace to ensure that the project stays on track.

Whether you are into human resource management or you want to manage a simple workplace project, management principles are designed to help learners avoid feeling overwhelmed and manage a project effectively from beginning to end.

Being able to successfully manage a project can be challenging in any type of business. This assignment module is for students to get the right answers on the Managing  Unit 320 ILM Level 3 assignment sample UK.

Through our Workplace Projects assignment examples and answers, you will get help from the top professionals who know how to write an effective assignment.

At Assignment writer you have ILM Level 3 Unit 320 Managing Workplace Projects assignment samples to help you achieve A+ grades in this module. We make sure your assignment is completed and submitted on time for the best grades in your university. 

Let’s look into the 320 ILM assignment answers our experts have written: 

Learning Outcome 1 of Level 3 of 320: You need to know how to manage a simple workplace project

Assessment Criteria 1.1: Research and Identify a simple workplace project

Before embarking on a new project, it is critical to conduct preliminary research and develop a strategy.  The purpose is to discover whether your project is addressing a valid business need or not. Consider evaluating the costs and benefits of your project to see what additional credits it brings to the company.

You can work on simple projects like scheduling team meetings or using a digital file system to promote speedy communication and record-keeping. 

An example of a simple workplace project can be organizing an event on team building. 

This type of project will start identifying the purpose of the event. Furthermore, you will create a budget and timeline to pursue all the tasks for it. Next, start coordinating with the logistics and venue dealers for rental and catering.

Some other tasks will also include gathering a team to help you effectively plan and execute the event. You will also need individuals to promote the event and gather feedback and reviews. Overall, this project will help you leverage your skills in different leadership and management roles. In such project planning, organizing, and communication in teams is important to ensure to make sure the event is a success. 

Assessment Criteria 1.2: Determine the financial viability of the project.

The second step in project management is to assess whether you have enough financial resources to execute the project or not. One simple way to do this is to perform a cost and benefit. Here, you will see if the costs of the resources allocated are giving benefits in return or not. 

To do a cost-benefit analysis on a project, follow these steps:

  1. Begin by identifying all types associated with the project, like direct costs, including materials and labor expenses, and indirect costs, like charges for overhead of the event.
  2. Look for any benefits of the event, like any fundraising, savings, or revenue.
  3. Subtract the costs of the project from the total benefits.
  4. The financial viability of the project will be based on this net benefit. If it is positive, the project is financially viable, and if it is negative, it should be discounted at he moment. The cost-benefit analysis is a simple approach used by decision-makers to determine whether the project is likely to be worth investing or not. Moreover, this approach doesn’t consider the other factors that could impact the financial viability of the project you want to embark on. 

Assessment Criteria 1.3: Leverage your project management technique to devise a project plan and timeline. 

A project plan is a timetable that outlines the project’s milestones. There are many project planning techniques to use, and one of them is to use a Gantt chart. It is named after Henry Gantt. It was first used in the 1900s for developing a schedule of tasks in any project. 

You may generate a Gantt chart for your project in these steps:

  1. Begin by making a list of tasks to complete the project.
  2. Now, write out in what sequence each work will be accomplished. This is called the dependencies.
  3. After that, note the time required to complete each task.
  4. Start creating a timetable to better manage the project. Use the horizontal axis to represent the total duration of the project and the vertical axis to list the tasks.
  5. Now add bars on the horizontal axis to mark the start and the end dates and use arrows between dependencies of each task.
  6. Now show the key points of the project in the form of key milestones for example what major tasks will be performed. 

A Gantt chart helps managers identify potential bottlenecks in a project. These hurdles are often the cause of delays, and tracking them using a Gantt chart will help track the progress of the project. It is a useful tool in planning and communicating all the loopholes in the progress to the stakeholders and members of the team. 

Assessment Criteria 1.4: Start Monitoring the Progress of the Project and Track the Target Objectives

Managing a project also involves setting up milestones, also known as objectives and targets. These targets lay down the function of a project. Targets also give a clear reference point to monitor the progress of the project. These SMART objectives and targets are the baseline to decide whether the project will be successful or not. 

Follow these steps to set up the objectives:

  1. Start by defining “what’s the purpose or what goal my project is going to achieve?”.
  2. These goals should be SMART objectives (specific, measurable, achievable, relevant, and time sensitive).
  3. Break down your project into achievable SMART objectives.
  4. Now set milestones for each objective. These targets or milestones are tracking points of the project that are measurable and used to assess whether the project will be successful or not. 
  5. Start monitoring the performance in parallel with the objectives and targets. Leverage tool-like project management software, progress reports, or updates. 

Assessment Criteria 1.5: Use a project evaluation technique to evaluate the project

There are many ways you can evaluate your project. The assessment approach you choose will be determined by the project’s objectives.  A post-project review report is a commonly used approach. Here, we analyze the outcomes of a project and determine whether the project has achieved its objectives or not.

You can conduct a post-project review in 5 crucial steps: 

  1. Determine the criteria for the evaluation. This selection is done based on the goals and objectives of the project. You can consider factors like project impact, time-bound, and consumer satisfaction
  2. Start by conducting research using surveys, interviews, and research, and gather information. This information will help you interpret the results of the project.
  3. Now analyze the data. Compare the information you obtained to the criteria established at the outset of the project.
  4. Identify areas where the project excelled beyond the set targets. Also, see if there are any objectives left unmet. 
  5. Recommend lessons for future projects on the basis of your review. 

The success of each project is dependent on its objective evaluation. By tracking the progress and evaluating the objectives, managers can gain valuable insight and identify areas of improvement to make future projects an early success. 

Learning Outcome 2 Level 3 of 320 (ILM Unit)

Evaluate the financial and non-financial implications of a workplace project- ILM level 3

Assessment Criteria 2.1: Determine the areas in the project that can give you net savings.

In a workplace project, there are several areas where net savings might be made. Now, if you want to identify these prospects, start by looking into the goals and objectives of the project. Let’s look into some of these opportunities.

  1. Streamline the steps to complete a project by eliminating unnecessary steps. This will help you resolve the bottlenecks in your project and reduce the ultimate cost being spent.
  2. Start by automating manual tasks requiring labour. Such tasks are often time-consuming. Use automation tools to reduce the need for onsite workers. This will also allow the personnel to focus on other vital operations.
  3. Make your project sustainable by following a zero waste policy. Reduce wastage like material waste or energy waste to reduce the lower being used in processing.
  4. Also, spot the errors and defects in your project. Resolve the issues by implementing quality improvement initiatives. These steps can help you significantly lower the cost that may arise from readjustments.
  5. While completing the project, make sure your employees are compensated enough. This will help them improve their productivity and increase the net output of the staff. 
  6. Prefer to do bulk purchasing of resources. This step is called leveraging economies of scale. It will help you to make effective use of resources during the completion of a project.

Assessment Criteria 2.2: What are the wider non-financial factors that may impact the success of a workplace project?

 There are many non-financial implications of a workplace project that can impact the organizational change a project brings. Let’s see some examples of non-financial factors impacting the workplace project.

  1. Reputation is the first element of an organization that is at risk whenever a new project is initiated. A successful project can complement the reputation and credibility of an organization. On the other hand, a misexecuted project can cause more reputational harm to it. 
  2. Employee morale can go up and down whenever a workplace project is initiated. Positive work environments and processes have a positive impact on the morale and engagement of the employees. If a project has many loopholes, it can have a reverse effect.
  3.  You should always consider customer satisfaction whenever you launch a project. If the customers are satisfied with your projects, they will show long-term loyalty to your business.
  4. The operations and procedures to complete a project should follow compliance with the rules and regulations. If there are frequent changes in the business practices, you might have to face a lawsuit for avoiding legal liabilities.  
  5. Social and environmental impact: Remember that your project comes with an impact on the people and the environment.  Before launching any initiative, conduct research on how it would impact the communities of the area. Also assess the potential benefits and harms to other stakeholders. After you are able to locate these, start taking steps to minimize these negative effects. 

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