Advanced Project Management of Pepsico.

1.    Project selection and portfolio management:

By reviewing the presentation of the firm and Advanced Project Management of Pepsico, defining the key strategic goals as well as the directions of the firm, types of projects that are suitable for the success of the firm, advising the company in which the firm can evaluate its strengths, and give some recommendations to the firm about how to manage the portfolio is defined in this section.

Read more: Advanced Project Management of Unilever

Review of company or presentation of the firm:

PepsiCo is the company that was selected by us for scenario one. PepsiCo is the company that is commonly known. as the Pepsi company. It is an American multinational snack, food, and beverage company.

The headquarter of PepsiCo exists in Harrison, New York. The business of PepsiCo encompasses all the different aspects of the food as well as beverage market. The global headquarters of PepsiCo building from the Donald M in Harrison. It is the public limited company that traded as the Nasdaq and S and P. The industry of beverages as well as the food processing are the main industries that deals with the business of PepsiCo.

The company was founded on August 28, 1898, in the United States. Caleb Bradham was the founder of PepsiCo. The company served the area all over the world. Pepsi, mountain dew, lay’s potato, diet Pepsi, Gatorade, Tropicana beverages, walker’s potato crisps, Sierra Mist, Pepsi Max, and the ruffles potato chips are the main products of PepsiCo.

To increase the performance of PepsiCo, the entire validity becomes increased. To generate higher success for the firm and increase profitability the management of PepsiCo has decided to launch more products in the future. Each project of the firm is based on the demands of the customers.

Strategic goals and directions:

Various goals and objectives help to improve the entire purpose of the business. As one of the major or largest companies of food and beverage, PepsiCo develop clear goals around all over the world. As one of the largest businesses, there is a strong need to be developed that provides consumers around the world with the delicious.

Providing a higher quality of products to the customers is the major priority of the business. It improves the entire operations of the firm and manages the different activities that are performed through the key behaviors.

The daytime snacks and beverages are also improving through the strong bond of the business activities. PepsiCo is a company that focused on delivering sustainable long-term growth while leaving a positive as well as an effective imprint on the society in the environment.

The company is greatly focusing to deliver sustainable goals and improving the entire values of the business. When all the activities of the firm are developing according to the demands of the customers it means the company directly achieves all the strategic goals.

Types of projects:

The projects of PepsiCo relate to the key levels of the processes, environmental schemes, and fun daytime activities. It is the largest company in terms of food and beverage that’s why the companies have decided to improve the entire structure of the firm through adding more innovative projects.

Provides best products to the consumers around the world, offering the healthy as well as the products, providing the option of affordability, and giving the convenience platform in which, the employees can improve the entire availability of the business.

The guiding principles of PepsiCo play a vital role to enhance the performance of the firm and develop long-term success in the future. The sustained growth, development of trust as well as responsibilities, and the empowerment of the people are the main strategies that help to improve the entire ways of success.

Screening module that using by PepsiCo:

To evaluate the strengths of the projects that are dealt with by PepsiCo, here are various terms and conditions followed by the firm. The checklist is the module is followed by PepsiCo to screen all the activities that are performed by the business or employees in the environment of the firm. Each action or activity of the business deals with the instant flow that improves the entire availability of the firm.

To generate greater success and manage the core actions of the business it is important to evaluate each activity that performs within the boundary of the firm. With the process of a checklist, the entire structure of the business becomes increases that’s why the overall rate of profitability becomes improves. It helps to enhance the future success critters of the business. Checklist evaluates what tasks need to be done shortly or what task should have been a strong customer base relationship.

Recommendations to the company on how effectively manage the portfolio of the project:

Here are various recommendations in which the company can manage the project portfolio management.

1. By evaluating the success of the project through the process of project section, project resources, and the project information.
2. Allocating the projects to those teams that are agreed or valuable to manage this entire project because they are representative of the project.
3. Top-down, bottom down, and the mixture of both approaches are the main tools that a company should use to develop the cleat success of project portfolio management.

2.    The organizational context:

Based on the previous discussion of strategical goals as well as the directions of PepsiCo, we critically discuss the impact of firms to achieve sustainable growth.

Currently, PepsiCo is running none of the major projects related to the plastic recycling programs in Pakistan through the sustainability practices in the agricultural programs. To understand the entire characteristics and evaluate the entire forms of the business that are associated with the long-term benefits the management of a business should understand the roles of people.

Due to the usage of more plastic the pollution at the global level increases. The entire structure of the firm becomes improves through sustainable development growth. It is the project that protects the environment as well as the health of the people.

The consumers consume the bottles and throw them on the road as well as their dustbins. The project of PepsiCo is to collect plastic bottles and recycle them to protect the pollution of Pakistan and keep safe the people who live in this area. Another main purpose of developing this project is to explore the entire values and build greater strengths from time to time.

When the recycling of plastic is done by the key experts of PepsiCo then it can increase the economy of Pakistan. Currently, PepsiCo offers different products around all over the world. The main purpose of PepsiCo is to provide the best quality of food and beverage to the customers that are good for their health. To analyze this situation, the PepsiCo company has decided to start the project of recycling plastic in Pakistan.

Different professional companies are hired by PepsiCo that play an important role to provide the best products to the firm. To raise the awareness and manage the entire goals that are applicable for the entire success the management of the firm becomes improves.

To enhance the profitability of the business and manage the different elements that are important for the success of PepsiCo in the future, different parties contribute their efforts. The project of recycling plastic bags and bottles will generate higher economic growth in Pakistan, increase the financial performance of PepsiCo, and protect the environment as well as the health of the people.

TOWS matrix:

To implement the project of recycling plastic in Pakistan, different employees, management levels, and key experts work in sustainable growth. To raise awareness and manage the higher sustainability of the business it is important to deal with the entire structure of the firm.

To overcome the activities and generate clear roles and responsibilities that focus on sustainable actions, the strengths, and weaknesses or the opportunities and threats play a vital role. Each activity of the business has its importance to gain the success of the project.

Strengths:

• PepsiCo has a strong image of a brand that’s why the success of the project becomes increased.
• The company has a strong financial performance that supports the project of recycling plastic.
• The global presence supports the areas of the supply chain as well as the distribution network.
• It is a very large and varied product portfolio.

Weaknesses:

• The project is over-dependence on various parties that exist in the internal environment.
• It reduced the net revenue in the area of the Middle East.

Opportunities:

• The innovations in technology down the distribution centers as the development of the strong network.
• Business can be growing its acquisition through various core concepts.
• Threats:
• The business has a large regulatory threat.
• The business develops the competitive pressure.
• It has a strong dollar and fluctuation in the foreign currency exchange rates.

TOWS MATRIX	STRENGTHS:	WEAKNESSES.
OPPORTUNITIES.	Strengths and opportunities: Pepsi has a strong image as well as financial performance that’s why the market compatibility of the business becomes increased from timely.With the development of innovative projects, the entire association terms of the business become increase.	Weaknesses and opportunities: Innovating the distribution network at the international level and investing in the entire partnership will also help to reduce the dependence on the brand.The company should use e-commerce schemes for the better success of its project.
THREATS.	Strengths and threats: To reduce the threats of the project, PepsiCo must focus on marketing operations. It helps to promote the current project around all over the world.By developing a partnership with different businesses PepsiCo can minimize the threat of the project.	Weaknesses and threats: By reducing the dependencies of people and market the brand will overcome its threats.Enhancing the presence of e-commerce will help to increase the economic situation of the country.

Recommendations of the organizational structure:

Based on the strategic goals or objectives and the link between the project’s success with these strategic goals it is clear that the entire performance of the business becomes improves through the development of an effective organizational structure. For the development of recycling the plastic project in Pakistan, PepsiCo should implement the functional structure of the organization.

It is a very suitable structure for the success of PepsiCo’s current project of recycling plastic. Because all the departments, as well as the functional areas of the projects, are United to achieve the greater strengths of the business.

It helps to improve the internal operations of the business. Every business has developed its strong formation and better alternatives as compared to the greater formations. When all the activities of the business are acceptable then it defines the core terms and activities.

Strengths and weaknesses of the functional structure of the business:

Following are different strengths and weaknesses of the functional structure of the project.

Strengths:

• It allows the economies of scale within the functional areas of PepsiCo.
• It enables the organization to fulfill its functional goals.
• It develops more knowledge and skills.

Weaknesses:

• The slow response is generated to make some environmental changes.
• It leads to poor horizontal coordination among the different departments.
• It involves the restrictions view of all the objectives of the firm.

3.    Project governance:

After analyzing the advanced project management as well as the organizational context, the next step is to the project governance. There are various project management governance frameworks exists that help to make the policies of the organization and fulfill all the objectives in the future. To generate higher success and manage the instant growth of the business it is important to analyze the project governance framework.

It helps to overcome the activities and actions of the business timely. By comparing the advantages as well as the disadvantages of both project management governance frameworks we define the best tool in which the company can gain higher success. Different project management governance frameworks exist but the entire management of the business follows those governances that are applicable for the current as well as the future success.

To improve the entire availability of the business and manage the different strategies that are applicable for the entire success the performance of the business should be related to the goals of the organization.

The people project management governance framework and the information project management governance framework are two different governments that are selected to run the operations of the business.

Every business has decided to improve the key resources or elements of the business that’s why there is a strong need to develop the information as well as the management of people is defined. To improve the key actions that are needed to be improved and develop sustainable actions the management of business play a vital role.

The information project management governance is the framework that deals with the entire management terms. To improve the entire values and build the greater strengths the different strategic plans play an important role. It allows the business to collect reliable and effective information that is important for the greater success of the business.

To raise the awareness and generate the higher success that builds the entire forms the management of business takes place the vital role. Information project management is the governance framework that helps to analyze the recent information for the greater success of the firm in the future.

On the other hand, the people project governance framework is the ability that helps to enhance the satisfaction of the people that are associated with the key activities of the firm. PepsiCo has decided to develop the strategy of recycling plastic bags and bottles for a better environment for the business. To improve the performance of PepsiCo it is important to build a platform in which all the employees are satisfied through the different actions as .as the authorities.

The entire progress of the firm is based on the information of the project as well as the values of the business. To increase the performance of the firm and manage the different elements that represent the entire sources of the business, the current sources play an important role.

Advantages and disadvantages of each project management governance framework:

Here are various advantages and disadvantages of the project management governance frameworks that help to evaluate that which framework is suitable for the success of the business.

Advantages of the people management project governance framework:

• It is the framework that improves the level of satisfaction of the people that are associated with the success of the business.
• To develop the human resource management planning as well as increase the rate of retention of the employees, this framework is effective.
• To increase the effectiveness of the organization and handle the disputes as well as the quires.
• To motivate the employees and improve the relations of employees.

Disadvantages:

• It is a costly setup.
• To develop the recent origin this business negatively affected.
• It develops unpredictable terms and conditions.
• It develops insufficient information.
• The development of improper programmers that are not beneficial for the success of the business.

Advantages and disadvantages of the information project management governance:

Following are some advantages and disadvantages of the project management governance framework.

Advantages:

• It is the frameworks that facilitate the planning of the business.
• It provides the relevant information for facilitating the planning as well as controlling the entire operations.
• The data is available in a summarized form that minimizes the information loading.
• To improve the level of coordination of all the departments of the project PepsiCo, the information project management governance frameworks play a vital role.

Disadvantages:

• It requires the continuous monitoring of sensitive data.
• The issues related to security like hacking ways are prevailing.
• A lack of flexibility exists to upgrade the training software.
• It takes only the quantitative data.

Recommendations for the choose two frameworks and select one appropriate method:

Both are the main project governance framework that helps to improve the entire availability of the firm. To raise the clear success and manage the different actions that need to be improved the entire performance of the firm plays an integral role. To implement these governance management frameworks in the boundary of the firm, the management of PepsiCo should understand the background of each framework.

By analyzing all the advantages as well as the disadvantages of the business, it is clear that the entire performance of the business becomes improves. To enhance the rate of unemployment and manage the different ethics that are constantly retained to the success of the people management project governance framework is important.

One of the main reasons to build the greater strengths of the business is to explore the entire availability of the people that contribute their efforts to achieve the objectives of the project. Recycling plastic is an innovative project that achieves its objectives through the efforts of key different stakeholders. That’s why people management is necessary to implement the entire performance of the business.

Governance institutions:

Different governance institutions of Pakistan support the entire valuable resources of PepsiCo’s project of recycling plastic. The federal government, provincial government, district government, tehsil government, and unions are the main governance institutions.

4.    Leadership:

Different strategies of leadership help to increase the financial performance of the business. To generate greater success and manage the different activities that are important for the long-term growth of the business the entire validity plays an important role. There are various styles of leadership in which transformational leadership, democratic style of leadership, and other forms of leadership exist.

In this section, the role of leadership in the project of recycling plastic and the success of the project are defined. To generate higher success and manage the different elements that are necessary for greater profitability, the business should improve its sustainability.

Leadership and management of PepsiCo’s current project are the important criteria that help to gain success improve the future capabilities of the firm. The styles of leadership and the strategies developed by the leaders are important to improve the various roles and responsibilities. To generate positive word of mouth and develop a strong relationship between the employees and the leaders, the entire form of leadership is important.

A leader in a strategic response that improves the entire validity of the firm. All the activities of the business are defining the key activities and the key progresses of the firm. To evaluate the key success of the business and generate higher profitability that is important for the long-term relationship with the teams, leadership is important. A leader is the representative of the business in front of others.

Role of leadership to the recycling of plastic project of PepsiCo:

PepsiCo is an American multinational corporation that runs the various operations of the business. To achieve the progress of the business and manage the various roles that are necessary for the success of an organization the internal operations of the business become strong. To implement the project of recycling, different parties contribute their service from time to time. It is the beneficial terms that improve the future success of the organization.

With the guidance of leadership and the key motivation of employees, the performance of the project becomes increases. The leader provides the instructions in which the members of teams fully analyzed the situation and enhance their work progress. To overcome the challenges faced by PepsiCo through developing the project of recycling plastic, it is important to improve the entire team’s work.

When all the members of the teams are satisfied or motivated to achieve the greater strengths then it moves to the entire compatibility from time to time. In this creative world, people want a higher level of knowledge to improve the key forces and factors of the business.

Leadership is the most important phenomenon that helps to understand the entire roles and manage the various terms of the business. Without the development of strong leadership strategies, the business can’t generate higher success because each factor represents the entire flow of communication. To manage the higher success and balance the key resources that are associated with the performance of PepsiCo, it is necessary to implement strong strategies of leadership.

Role of leader to gain the success of the business:

Leaders play a vital role to increase the performance of the business and manage the different authorities that are beneficial for the organization. To run the operations of recycling the plastic from the entire associated terms the business will generate more success and improve the working progress of all the teams. Leaders provide clear guidance to the members of the teams as well as the employees of the organization.

PepsiCo deals with different projects in which the entire profitability of the business depends on the key sustainable actions and authorities. The leaders develop different effective communication strategies to achieve the greater success of the project. It helps to improve the key resources and manage the various terms and conditions.

Higher the success of the business means all the members of the teams are satisfied. The financial performance of the project also depends on the working behavior of members of teams. Different authorities are here to overcome the activities and actions of the firm. When the internal environment of the business is effective then-leader develops the best platforms that give different types of benefits to the members of the teams.

How the project champion can support the selected project?

The project champion plays a vital role to support the project of recycling plastic. The main objective of this project is to protect the environment, increase the economy, and provide better health programs for businesses.

Every business has its values that are representable in the future. The project champion develops the open environment of the firm in which all the employees, as well as the members of teams, can take participate. So, these activities or initiatives help to increase the performance of recycling the plastic project of PepsiCo within a limited period.

5.    Advanced planning and scheduling:

In advanced planning and scheduling, the project management methodologies have been discussed that help to run the internal operations of the business. After defining the project management methodologies, we select one of the best methodologies for the success of the recycling project. The Kanban methodology and the Lean methodology are the two different project management methodologies that help to increase the performance of the business.

Lean methodology:

The lean methodology helps to understand the entire functions of the project. It is also known as the agile methodology that enhances the customer’s values by eliminating the waste from each phase of the project. Lean project management defines that what are the core situation and core capacities of the business to manage the different thoughts and terms.

When PepsiCo adopts the lean methodology then the goal of a firm is to reduce the wastages and add more value to the entire project. The main function of lean methodology is to improve the work productivity of the employees as well as the project.  It enhances the value of customers by reducing the number of wastages from each phase of the project.

First of all, the project manager identifies the values that are important to run the operations of the business, develop the map streaming process, create the flow of management, establish the pull, and continue to improve the work capabilities of the project. Lean methodology reduces all the wastages from the company and deals with the accurate entire performances of the business. The internal and external stakeholders of the project are also the main parties that give value to the business.

Kanban methodology:

The Kanban methodology is the process that deals with the different actions as well as the activities to improve the entire sustainability form. The internal stakeholders are the shareholders of the project that manages the different operations of the project. In the process of Kanban, a list of activities is written on the specific board whose name is the Kanban board.
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The main purpose of the business is to explore the market terms and conditions that are valid for success. All the parties of the business that are associated with the long-term growth of the firm are responsible to watch the list of activities to run their operations within the boundary of the firm.

Advantages and disadvantages of the project management methodologies:

Both lean methodology and the Kanban methodology have their own positive and negative consequences that affect the performance of the business. To run the clear operations of the business that deals with the higher success the employee’s collaboration of the firm become improves.

Advantages and disadvantages of the Lean methodology as the project management:

Following are some advantages and disadvantages of the lean methodology.

Advantages:

• It is an effective method to reduce the cost.
• To enhance the level of interaction of the customers it is the best tool for success.
• The use of “push and pull” are the main techniques that appear from the different sources.
• It improves the constant quality of the business and develops the high morale of the employee.

Disadvantages:

• There are a lot of inventory problems that occur in the lean methodology.
• The transition problems also develop through the lean model.
• The development of higher expenses in this model.
• It is very over the structure of the people.

Advantages and disadvantages of Kanban project management methodology:

Following are the advantages and disadvantages of the Kanban methodology.

Advantages:

• It views the progress status through complete, in progress, and testing.
• It possibility of limiting tasks.
• It is easy to track the duration of the task.
• It continues to deliver the progress of the business.

Disadvantages:

• It is easy to misinterpret the information about the task.
• There is a no timeframe exist in the development of the methodology of Kanban.
• Different possible delays exist in every phase.

All of these are the main advantages and disadvantages of the lean methodology as well as the Kanban methodology as the project management governance methodologies. To increase the project’s success, it is important to defines the effective strengths of the business.

Effective project management methodology for this scenario:

For this effective project, the entire availability of the business is based on the different actions as well as the activities. The lean methodology is best for this project as compared to the Kanban methodology. It helps to give value to the project of recycling plastic and eliminate all the wastages that affect the performance of the project. The support of government and other variability parties for the entire performance of the business is important. It ensures the entire availability of the people that are linked with the long-term success of the firm.

6.    Managing and leading the change:

Change management is important to enhance the performance of the firm and generate higher success for the business. Implementing the project of recycling plastic is a more impactful strategy that helps to overcome the current resources. To manage the different association terms that help to raise the awareness of the business, leadership, and management both are important.

In this scenario, the importance of change management, as well as the involvement of the people, relates. To overcome the activities that are important to managing the change and building higher success the entire performance of the project is important.

Role of change management in the success of the project:

PepsiCo is a corporation that provides different products under one umbrella. To achieve higher success, different forces and elements play an important role. Change management exists everywhere. The project of recycling plastic is consisting of different teams, each team is responsible for proving clear as well as effective strategies for the success of the business. With the change of time, the level, of satisfaction of the people becomes decrease.

That’s why it is necessary to implement some changes. Either change from the marketing areas that promote the operations of recycling of plastic, changes in the human resources that make some changes in the entire structure of the firm, and the changes in financial operations to improve the financial performance of the prospect. The existence of change management is important in every field as well as every operation of the business. Change management helps to develop the different opportunities in which the entire performance of the business becomes increases.

Different private organizations in Pakistan already work to reduce the waste of plastic through the program recycling. The management of a business should involve these organizations to improve the current as well as the future strategies. It is a very broad topic and project. The use of plastic damages the societies, environment, and the health of the people that are aware of the entire success. The brand image and reputation of PepsiCo are strong that develops a positive response to the project.

Involvement of people:

There are various people involved in the success of “recycling the plastic” as the project of PepsiCo in Pakistan. The employees of the project, the members of the teams, management of the project, customers or target market of the project, and different other people directly as well as indirectly affect the performance of the firm.

The employees of the project are the main parties that affect the performance of the project. The project manager must manage the different elements that improve the entire way of success. To satisfy the employees of the business and improve the future of the project, it is important to hire experts.

The main goal of this project is to protect the environment of Pakistan, boost the economy of the country, [protect the health of the people, and generate higher chances for growth. PepsiCo is one of the major brands that improve the entire form of success. The project governance frameworks and the methodologies play important roles to increase the performance as well as the progress of the recycling the plastic project. This project helps to generate value for the company and reduce the negative factors.