The global economic slowdown has resulted from governments throughout the world: Business Workforce Recovery For A Post Covid-19 Pandemic Report, UK

Introduction 

The 21st century has witnessed a strong outbreak of the covid epidemic worldwide. COVID-19 has had an immediate impact on our daily lives, enterprises, and global commerce and mobility. The global economic slowdown has resulted from governments throughout the world being obliged to implement harsh measures to stop the spread of the virus, including executive closures, quarantines, and limitations on mobility and social connections. Most commercial enterprises and transport services in European countries, including Ukraine, were forced to close entirely, which led to a wave of bankruptcies and increased unemployment and business losses (Boronos et al., 2020). As a result, the economies of the majority of nations may experience severe long-term negative effects from a decline in business performance.

Therefore, as an assistant within the strategic development team of the organization, this is a small project to research the issue of “ The resilience of business workforce ”  after Covid-19 pandemic in 24h online advertising joint stock company. In order to gather information and identify the lessons learnt from the pandemic, the project will include performing fact-based research. Using these helps managers decide which actions should be taken first so as to develop a business workforce recovery strategy. Simultaneously, it is to evaluate the effectiveness of the strategy and personal development process when implementing the project. 

1. Stages of the project lifecycle and evaluate the stages of the PLC and the factors

• Projects are actions that are conducted to fulfill the production of a distinctive service or product; hence, actions that are performed to complete ordinary tasks are not considered projects (Juneja, n.d). 
• The processes necessary for managers to effectively manage a project from inception to conclusion are outlined in the project lifecycle. The project lifecycle contains four phases: initiating, planning, executing, and closing (4 Phases of the Project Management Lifecycle Explained, 2022). 
• The first step of the project life cycle is the initiation phase, which is when the project begins. It gives a summary of the project as well as the tactics needed to achieve the targeted outcomes. It is during this stage that the project’s viability and business value are assessed (Brown, 2022). The first step is taken when the manager starts meeting with employees and partners to discuss defining goals and understanding the purpose of the project. The planning phase establishes a set of plans that will assist your team in navigating the implementation and closure phases. The program you’ve established thus far will undoubtedly assist you in integrating economics, reliability, risk, modification, and timeline (Brown, 2022). It’s a complicated stage and there are a lot of plans regarding the project that the administrator needs to bring out a strategy that can solve problems in time. The next step of the PLC is the executing phase. Putting the plans into practice and keeping the team on track is what project execution entails. Tracking and monitoring progress, maintaining quality, limiting risk, managing inventory, and utilizing data to guide your decisions are all examples of what this entails  (4 Phases of the Project Management Lifecycle Explained, 2022). The end of the project life cycle is the closing phase and this is also the time when managers need to focus on monitoring and testing the final product before delivering it to the customer. Then it’s time to draw the strengths and weaknesses of the project to draw lessons for future projects. At the same time, the process of recognizing the good and bad sides of the project also makes the partner more confident in the professionalism and dedication of the organization (Brown, 2022). 

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