Business Report: Z ENERGY Organization

Table of Contents

  • 1. Introductory Statement 3
  • 1.1 History of the business organization 3
  • 1.2 Mission, Vision and Goals 3
  • 1.3 Details of the specific project 4
  • 2. Five Phase of Project Management process 4
  • 2.1 Goals of the project aligned to the vision of the company 5
  • 2.2 Financial forecasting 8
  • Gantt chart 11
  • 2.3 Ensuring Quality and Compliance Control 11
  • Quality control 11
  • Compliance control 12
  • References 13

 

 

1. Introductory Statement

1.1 History of the business organization

The Z Energy is one of the largest fuel distributors in the country New Zealand. The company has also several branded service stations with some assets of shell by which the customers can get high quality of services. In addition, the company also provides online services to the customers. It has been evident that the company has more than 550 fuel stations throughout the country in which the customers can fill up the tank at any point of time. Apart from the fuel facilities, the company has also offered fuel saving cards to the customers through which they can earn reward points for their businesses (z, 2019). The company Z energy mainly provides services to the businesses which are operating in New Zealand only. The business firms in New Zealand can select any of the four billing cycle for the purpose of payment and they will get credits up to 40 days (z, 2019). The company mainly designs its services and products only for the Kiwi businesses. In the recent times, the company has developed its first biodiesel plant in order to maintain the environmental sustainability in New Zealand. The authorities of the firm believe that the new biodiesel fuel will be an effective project through which the company can gain major benefits.  

1.2 Mission, Vision and Goals

Mission- The Company Z Energy mainly aims to provide fuel services to the companies which are based in the country New Zealand (z, 2019). In addition, the company has also developed an online system for the business firms so that they can easily access their fuel cards for the payment procedure.   

Vision- The vision of the company Z Energy is to develop resilient and healthy Aotearoa in the country by which the communities can be empowered. Moreover, the company has also decided to develop a biodiesel plant through which the environmental sustainability can be maintained.  

Goals- The goal of the firm is to develop its biodiesel plant in such a manner by which the business firms in New Zealand can get major benefits (z, 2019). This will also help the business firms in New Zealand to develop their respective business process in an effective way. 1.3 Details of the specific project

The biodiesel plant project has been developed by the company Z Energy in order t“o develop a sustainable environment throughout the country New Zealand (z, 2019). In addition, the company has developed this service as most of the greenhouse gas emissions come from the transport. In order to mitigate the rate of carbon emission, the company Z Energy has decided to develop the biodiesel project. With the development of bio diesel project, the company will be able to help the country to minimize its rate of carbon emission (z, 2019). It has been observed that the biodiesel is mainly made from renewable sources of energy which has been used by the company in order to make an alternative diesel for the trucks and other heavy vehicles. Moreover, the company Z Energy has also carefully designed the high quality of biodiesel in order to make availability of the services throughout the New Zealand. z energy business report sample.

Related report sample: ANZ BankColumbus Cafe, Timberland.

2. Five Phase of Project Management process

Project initiation– In this stage, the authorities of the company must select the members who will be able to work in the project. In addition, the project initiation process will also allow the project manager as well as the members to understand the requirement of the project. On that note, the project manager of the company Z Energy must try to analyse the requirements for developing the project of biodiesel (energywise, 2017). Moreover, the initiation process of the project biodiesel must be maintained by the project manager in an appropriate manner. The project initiation stage also includes the recruitment process of the new members. As it is a biodiesel plant project, therefore, the company must try to hire the people who have knowledge about the chemical engineering. For this reason, the company need to invest on the hiring process of chemical engineers in the country New Zealand. In the same context, the project managers of the company Z Energy must gather enough knowledge so that the project can be initiated in a prominent manner. z energy business report sample

Project planning– After the initiation process, the role of a project manager is to plan the project. In this context, the project manager of the company Z Energy must try to plan the project of biodiesel plant in an appropriate manner (Quintana, 2006). Moreover, the planning of the project must be done in such a manner so that good quality of result can be gained. In addition, the project manager of the firm must try to guide the members in a suitable manner by which they can start working on the bio diesel project. The project of biodiesel plan must be planned in an effective way by which it can be completed within the mean time. z energy business report sample

Project execution– After the planning process, the project manager must try to execute the planned project in an appropriate manner. In the same way, the project manager of the company Z energy must try to execute the planned project in such a manner so that the project can be delivered within the time (Mandow, 2018). Moreover, the execution of the biodiesel plant project must be done in an appropriate way by which the carbon emission in the environment can be minimised. Therefore, it can be said that the project execution process must be managed by the project manager of the Z Energy through which the biodiesel plant can provide major benefits to the society. z energy business report sample

Project monitoring– It is very important for a project manager to monitor the project on a regular basis. Therefore, the project manager of the company Z Energy must try to monitor the project in an effective way. In addition, the project of biodiesel plant must be monitored on a regular basis so that the quality of the biodiesel can be checked (ccasa, 2019). Moreover, the biodiesel plant must be checked by all the chemical engineers in an effective way so that the sustainability of the environment can be maintained. Additionally, the execution of the biodiesel plant undertaking must be done in a fitting route by which the carbon discharge in the earth can be limited. z energy business report sample

Project outcome– After all the steps, the project managers mainly try to analyse the outcome of the project. Therefore, it is also very important for the project manager of the company Z Energy to analyse the outcome of the biodiesel project by which the business companies in New Zealand can use it in an effective way (ccasa, 2019). Moreover, the high quality of the biodiesel services will also help the company to reduce the emission of carbon from transports. The project manager must check the production rate of the biodiesel so that it can be distributed in all over the country. z energy business report sample.

Related report sample: ANZ Bank,  Columbus CafeTimberland.

2.1 Goals of the project aligned to the vision of the company

The goals of the biodiesel project mainly include the maintenance of environmental sustainability, developing a good reputation in over the world and attracting the customers by which the business process can be developed (Mandow, 2018). 

Maintenance of environmental sustainability- The biodiesel project has been developed by the company Z Energy in order to maintain the stability of the environment. With the maintenance of the environmental stability, the company will be able to the country for reducing the carbon emission from the transportation. In addition, the company Z Energy has also developed high quality of biodiesel services through which the environmental impact can be reduced and mitigated (Eby, 2018). Therefore, it can be said that the biodiesel project will also help the company to evaluate its Corporate Social Responsibility. It has been evident that the company has used only 5% of the ordinary diesel for incorporating the New Zealand fuel specifications (villanovau, 2019). On the other hand, the motor industry of the country has also approved the biodiesel project as the automobiles can be easily manufactured with the bio engines. In that case, the automobile industry will also not have to redesign the manufacturing process of the car’s engine for implementing the biodiesel. In the comparison to the ordinary diesel, the Bio D has much better lubricated and has more power to reduce the friction and wear on the fuel system of the vehicles. The company Z energy has made the biodiesel project in such a manner by which the drivers can easily switch their fuel system into the ordinary diesel system at any point of time. Apart from this, the authorities of the firm have made the availability of the biodiesel in some of the parts of New Zealand like Auckland, Waikato and Bay of Plenty regions. However, after the success rate of biodiesel the mentioned regions, the company will make the availability of biodiesel in all over the country (Singh, 2017). The main benefits that the company Z energy will provide are the lower carbon emissions, cleaner burning, locally made and sustainable ingredients. The main goal of this project is to reduce the emission rate of carbon into the atmosphere by replacing the ordinary diesel with the biodiesel through which the business can be developed in an effective way. 

Developing a good reputation- The authorities of the firm Z Energy has developed the biodiesel project in order to maintain a good reputation within the country. With the development of company’s reputation, the project of biodiesel will attract maximum number of customers from around the world. In addition, the good reputation of the project will also help the company Z Energy to attract the investors as well. This will help the firm to maximise its profit rate through which the business process can be developed (Suckling, 2015). The management of the firm has also developed the Z Business card as well in order to provide more facilities to the customers to refuel the tank of their vehicles with biodiesel. This fuel card programme has also attracted the customers as the card will also provide some reward points to them. This fuel card has worked as an additional bonus for the company in order to gain a strong reputation within the New Zealand market. In order to develop a good reputation, the company has also provided rewards to the customers through the fuel card (Mandow, 2018). The fuel card can also be used by the customers for the payment purposes as well. On that note, it can be said that the maintenance of the business process has helped the company to gain a strong reputation in some parts of the country. In addition, the authorities of the firm have also decided to provide services in other parts of the country as well by which maximum number of customers can be attracted. Moreover, the experts of the firm Z Energy has built up the biodiesel venture so as to keep up a decent notoriety inside the nation. With the improvement of organization’s notoriety, the undertaking of biodiesel will draw in greatest number of clients from around the globe (z, 2019). Furthermore, the great notoriety of the undertaking will likewise help the organization Z Energy to draw in the financial specialists also.

Developing the business process– The Company Z Energy has developed some potential strategies in order to develop the business process. In addition, the business process of the firm must be developed in such a manner by which the evaluation of the project biodiesel plant can be done in an appropriate manner. The project of biodiesel plant has been maintained by the project managers in such a manner by which the rate of carbon dioxide can be reduced within the country New Zealand (villanovau, 2019). The biodiesel project will further help the company to develop its business process throughout the country in an effective way. On the other hand, the company must try to develop a potential system of the biodiesel project in an appropriate manner so that the country can get several benefits. It has been identified that the biodiesel will also help the automobile industry to maintain the Corporate Social Responsibility as well. Moreover, the automobile industry has also designed the bio fuel engines so that the carbon emission from the vehicles can be reduced. The company Z energy has developed its business process in an effective way with the development of biodiesel fuel for the heavy vehicles (Quintana, 2006). This is considered to be one of the most effective strategies that have been developed by the company so far. The distribution process of the biodiesel has also been maintained by the company in an effective way through which the profit rate can be enhanced. With the enhancement of profit rate, the company has also provided effective rewards to the customers through fuel card. 

 
 

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2.2 Financial forecasting

Activities

Expected cost

Cost Breakdown

  1. Recruiting the Engineers for the project of biodiesel

$400

Cost of recruiting the engineers for the project

  1. Development of a team

$200

Cost for developing potential teams

  1. Training

$1000

Cost of training

  1. Resources

$20,000

Cost of resources that are suitable for developing the project

  1. Technology implementation 

$5000

Cost of implementing latest technology

  1. Quality maintenance

$800

Cost for maintaining quality

  1. Mitigating the risks

$400

Cost for mitigating the risk

  1. Promoting the project

$1000

Cost for promoting the biodiesel project

Total

$28800

 

 

Recruitment– The company Z energy has spend a near about $400 in order to hire the engineers who have enough knowledge to manage the project of biodiesel. In addition, the biodiesel project mainly requires high skilled engineers who can develop the fuel in such a manner through which the carbon emission from the vehicles can be reduced (Mandow, 2018). The recruitment process must be carried out by the HR professionals of the company Z energy in order to recruit the right talent for the project. Therefore, it can be said that the recruitment process must be evaluated by the project managers in an appropriate manner so that the project can be delivered within the given time. 

Development of a team- After the process of recruitment, the next step for the HR professionals of the company Z energy is to form a team of the selected candidates. By forming a potential team, the project of biodiesel has been monitored and planned in an effective way. In addition, the group members are also responsible for checking the quality of the biodiesel so that it can be distributed throughout the country (Eby, 2018). The checking of lubrication is also the responsibility of the team members. The more lubrication in the biodiesel will better help the bio fuel engines to work in an effective way. In the development of team process, the company has spent near about $200.

Training- The training and development is one of the most important steps of a project. The company Z energy has developed training and development programme for the selected team members through which they can gather more knowledge about the project. With the help of training, the project manager of the company Z energy has also identified the flaws and errors of the candidates. As the company has spent near about $1000 in the training and development program for the team members, therefore, it will be appropriate for the project managers to provide feedback to the members on the basis of their performance (Singh, 2017). 

Resources- The Company Z Energy has spent near about $20,000 in order to collect the required resources for developing the biodiesel project (Mandow, 2018). In addition, the resources have been collected by the project managers in such a manner by which the project can be completed within the given time. Moreover, the team members of the project are also responsible for managing the usage of resources in an appropriate way. With the proper usage of resources, the project members will be able to deliver the project with good quality. Therefore, it can be said that the high quality of resources have been used for the development of the biodiesel fuel (energywise, 2017). 

Implementation of latest technology- The implementation of latest technology is very much important for the company Z Energy in order to develop the project of biodiesel. In the same context, the technology must be implemented within the project in such a manner through which the quality can be maintained. Apart from the quality, the technology has also helped the project managers to reduce the carbon rate from the biodiesel. The execution of most recent innovation is especially significant for the organization Z Energy so as to build up the task of biodiesel (z, 2019). In a similar setting, the innovation must be actualized inside the task in such a way through which the quality can be kept up. The company has spent near about $5000 in the process of implementing the latest technology.

Risk mitigation- The risk mitigation process of the biodiesel project has been developed by the project managers of Z Energy. With the mitigation of risks, a proper project outcome will be generated. In addition, the project managers can also try to use an effective risk mitigation technique for mitigating all the associated risks from the project (Singh, 2017). On the other hand, the risk must be mitigated in such a manner so that the company can develop the quality of the biodiesel project. It has been identified that the company has spent near about $400 in order to monitor and control the risks from the project. Maintenance of quality- The quality of the biodiesel project must be maintained in an appropriate manner. With the maintenance of quality, the authorities of the firm Z Energy will be able to gain a good reputation within its operating market (z, 2019). On the other hand, the quality is very important for the company Z Energy so that the biodiesel fuel can be used for reducing the carbon dioxide from the atmosphere. It has been evident that the total quality management system has also been used by the authorities of the firm in order to make high quality of biodiesel fuel. The high quality of biodiesel fuel will help the automobile industry as well to reduce the emission of greenhouse gases (z, 2019). The company Z Energy has spent near about $800 in order to implement the quality control checking. ject- For the purpose of promotion, the company has spent near about $1000 (Suckling, 2015). The project managers of the Z Energy company have chosen the digital media in order to promote the biodiesel project throughout the country New Zealand. In addition, the promotion will help the company to attract the customers in an effective way. On the other hand, the promoting of the project will further help the company Z Energy to develop its profit rate as well (Singh, 2017). 

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2.3 Ensuring Quality and Compliance Control

Quality control

It is very important for the business managers of the company Z Energy to develop proper quality control techniques through which the project of biodiesel plant can be developed in an effective way. In addition, the quality management techniques mainly include the Quality Management plan, quality checklists, quality planning tools and quality requirements (Eby, 2018). 

Quality management plan– The quality management plan must be developed by the project managers of the firm Z Energy in an appropriate manner. In addition, the quality of the biodiesel must be planned in an appropriate manner so that the high quality of services can be delivered (Quintana, 2006). Moreover, the quality management plan will also help the project managers to plan a proper outcome of the biodiesel project. 

Quality checklists– The project manager must try to crosscheck the quality of resources so that the project of biodiesel can be developed in an appropriate way. In addition, the quality checklists will also help the project management to check the quality of the project on a regular basis. 

Quality planning tools- The Company Z Energy can also develop some quality planning tools in order to check the effectiveness of the project (ccasa, 2019). On the other hand, the quality planning tools will also help the company to meet the quality standards as well. 

Quality requirement– It is also very important for the project managers to maintain the quality requirement through which the project can be developed in a proper way (Singh, 2017). In addition, the requirements of the quality checking should be analysed by the engineers in order to meet the quality standards of the project. 

Compliance control

Internal control

The internal control of the organisation Z Energy mainly includes control environment, risk assessment and controlling activities. 

Control environment- The working environment of the organisation Z Energy must be developed in an appropriate manner (villanovau, 2019). In addition, the control environment of the working system must be developed in a positive manner so that the project of biodiesel can be delivered in a proper manner. 

Risk assessment– The risk assessment is also one of the major factors that the company Z Energy must considered. With the help of risk assessment, the company will be able to manage and control the risks of the biodiesel project in an appropriate manner (ccasa, 2019). 

Controlling activities– The activities of the project biodiesel plant must be controlled in an appropriate manner through which the company can deliver high quality of project. In addition, the controlling activities will also help the project managers to control the project outcome. 

External control

The external compliance mainly includes the influence of the Government. It has been evident that the strict rules and regulations of the Government can also affect the outcome of the biodiesel plant. In addition, the project manager of the firm Z energy must try to consider the influence of the Government in order to present the biodiesel plant in the market of New Zealand (Mandow, 2018). It has been identified that the company Z Energy has implemented the organisational policies by following the rules and regulations of the New Zealand Government. This has helped the company to make the project of biodiesel plant in an effective way. 

 

 

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References

ccasa. (2019). What is the Difference Between Compliance and Quality Assurance? Retrieved from http://www.ccasa.com.au: http://www.ccasa.com.au/what-is-the-difference-between-compliance-and-quality-assurance/

 

Eby, K. (2018, May 29). Demystifying the 5 Phases of Project Management. Retrieved August 1, 2019, from www.smartsheet.com: https://www.smartsheet.com/blog/demystifying-5-phases-project-management

 

energywise. (2017). Biofuels. Retrieved from www.energywise.govt.nz: https://www.energywise.govt.nz/on-the-road/biofuels/

 

Mandow, N. (2018, may 3). Why Z Energy is persisting with its biofuel plant. Retrieved August 01, 2019, from www.newsroom.co.nz: https://www.newsroom.co.nz/2018/05/02/106691/biofuels-z-energys-tortuous-carbon-solution

 

markets. (2018). Financial Times. Retrieved from markets.ft.com: https://markets.ft.com/data/equities/tearsheet/forecasts?s=ZEL:NZC

 

Quintana, M. B. (2006). The Biofuel Project: Creating Biodiesel. Retrieved from www.energy.gov: https://www.energy.gov/sites/prod/files/2014/06/f16/acts_brown_biofuel_309.pdf

 

Singh, S. (2017). Project Management and Strategic Objectives. Retrieved from http://www.hrpub.org: http://www.hrpub.org/download/20170228/UJIBM2-11608594.pdf

 

Suckling, I. (2015). Opportunities for biofuels in New Zealand. Retrieved from www.bioenergy.org.nz: https://www.bioenergy.org.nz/documents/resource/IEA39-Opportunities-for-biofuels-NZ.pdf

 

villanovau. (2019, March 14). Five Phases of the Project Management Lifecycle. Retrieved August 01, 2019, from www.villanovau.com: https://www.villanovau.com/resources/project-management/5-phases-project-management-lifecycle/

 

z. (2019). About Z. Retrieved from z.co.nz: https://z.co.nz/about-z/

 

z. (2019). Our biodiesel plant. Retrieved from z.co.nz: https://z.co.nz/keeping-business-on-the-move/fuels/z-biodiesel/info-hub/our-biodiesel-plant/

 

z. (2019). Z Bio D biodiesel. Retrieved from z.co.nz: https://z.co.nz/keeping-business-on-the-move/fuels/z-biodiesel/

 

 

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