5039 Assignment Brief 1 Business Recovery
5039 Assignment Brief 1 Business Recovery
Assignment Brief 1
Vocational scenario
* This assignment guidance can be customized by the tutor to meet specific needs
In the long term, businesses need to be prepared to face the unexpected, many fail
because they are unable to recover from unexpected events such as political
disruption, natural disasters, and pandemics. Business continuity planning allows
businesses to maintain or quickly resume functions in the event of a major disruption.
Essentially, business continuity is like having a back-up plan that outlines procedures
and instructions for staff members in the event of a disaster.
The recent COVID-19 global pandemic dramatically impacted industry across all sectors,
inevitably affecting disproportionately those businesses that exist to support social
interactions and placing strains on both supply and demand. As the pandemic
continues to affect industry: lock-down periods, and international and local restrictions
on movement have led to a huge drop in revenues and a situation of emergency due to
financial difficulties:
To meet the challenges posed by unexpected events and disasters, businesses around
the world need to react in agile and decisive ways. This involves businesses identifying
capabilities and needs to strengthen, refactor, reopen, rehire, re-budget, resupply, by
creating long term plans that allow for scaling up. An “after-action review” to collect
data and insights on lessons learned, and then using these to prioritise actions to
enhance business value today, businesses will build strategic resilience for tomorrow.
Businesses that take these steps now will be well-placed to capitalise more effectively
on the opportunities during business recovery, and to continue winning in their
marketplaces as greater certainty and stability return.
Role
You are working as an assistant for the Board of Directors (BoD) in your organization.
Currently, the COVID19 Outbreak has affected your organization in the areas of
customer, cashflow, supply chain, workforce and digital enablement (Based on
the latest Deloitte road map to Business Recovery.) COVID19 is unlikely to end
suddenly given the evolving nature of the virus and uncertain prospects and timing of a
vaccine. Therefore, business must plan for multiple scenarios as they shift from crisis
response to recovery. You are responsible for coming up with a project that create a
post pandemic framework for business planning in at least one of the areas
mentioned above.
Assignment activity and guidance
This is your task: you must produce a comprehensive management plan for your
project; it should cover the followings:
1. Explain and evaluate the stages of the Project Life Cycle (PLC) and their
importance to the success of a project.
2. Examine the factors to be considered when compiling a project management
plan (PMP) such as: project aims, objectives, deliverables, milestones, work
breakdown structure, schedules, cost estimations, quality management, risk
management and stakeholder communication.
3. Explain and evaluate a range of research methods and strategies and their
importance to project management.
4. Produce a detailed PMP that covers project scope, milestones, schedule, quality,
risk, communication, resources, and research method which includes
primary or secondary data collection plan.
5. Justify the choice of research method and strategies in your PMP.
6. Keep weekly logbooks and attach them to the management plan. The weekly
logbook template can be found in the FLM website.
Recommended Resources
Please note that the resources listed are examples for you to use as a starting point in
your research – the list is not definitive.
Online articles and insights for Business Recovery Theme
1. Learning from the impacts of COVID-19 and leading the recovery. Available at:
https://www.pwc.com/gx/en/issues/crisis-solutions/covid-19.html
2. Create a resilient business model in the face of covid-19. Available at:
https://www.gartner.com/smarterwithgartner/create-a-resilient-business-model-
in-the-face-of-covid-19
3. Small Business Roadmap for recovery and beyond. Available at:
https://www2.deloitte.com/content/dam/Deloitte/au/Documents/covid-19/au-
deloitte-small-business-roadmap-for-recovery-and-beyond-workbook.pdf
4. Business Continuity and Recovery Planning. Available at:
https://www.undrr.org/publication/covid-19-small-business-continuity-and-
recovery-planning-toolkit
5. Economic Development Collaborative. Available at:
https://edcollaborative.com/blog/how-to-prepare-for-business-recovery-post-
covid-19/
6. Business continuity in the COVID-19 emergency: A framework of actions
undertaken by world-leading companies. Available at:
https://www.sciencedirect.com/science/article/pii/S0007681321000227
Textbooks
SAUNDERS, M., LEWIS, P. and THORNHILL, A. (2019) Research Methods for Business
Students. 8th Ed. Harlow: Pearson.
Reference text
LO1 Explain the key stages of the project lifecycle D1 Critically evaluate
that
should be considered when project managing