Management of Successful Business Project by Implementing Digital Technologies

MANAGEMENT OF SUCCESSFUL BUSINESS PROJECT BY
IMPLEMENTING DIGITAL TECHNOLOGIES
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Table of contents
Introduction......................................................................................................................................2
Task 1...............................................................................................................................................2
Aim and objectives of the project (P1)............................................................................................2
Performance management plan (P2)................................................................................................3
Work breakdown framework and Gantt chart (P3).........................................................................3
Task 2...............................................................................................................................................5
Conduction of a small scale research and gathering of information to support the project (P4). .5
Task 3...............................................................................................................................................6
Communication of suitable recommendation because of research and analysis of data to get
conclusion (P6)................................................................................................................................8
Task 4...............................................................................................................................................9
Reflection on the value of the research undertaken to meet the objectives and own performance
(P7)..................................................................................................................................................9
Conclusion.....................................................................................................................................11
Template for evidence collection to be attached with the report by the learner:...........................11
Template for Performance Review Template to be attached with the report by the learner:........16
Reference list.................................................................................................................................19
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Introduction
Project management is the fundamental phenomenon of every business. A large area has gained
importance in the last five decades. Here, the learner has chosen the organization Softwire to
discuss the project management plan and objectives of the organization. This is a small growing
company that provides consultancy services and innovation ideas to different software and
digital companies. This study will help to know the learner that how digital technology has
support in the growth of the business. It will also give a brief overview of the business project
management and develop an environment in which the team members of the project will feel
motivated in achieving the success of the project.
Task 1
Aim and objectives of the project (P1)
Softwire is a consulting firm and their objective is to deliver appropriate solution and innovation
ideas to the software companies. Their focus is to encourage their clients to think differently
from the other competitors in the market. They provide software development service to other
branded digital companies such as BBC, Yudu and many more. They help to plan the project of
various software companies digitally. It has been found that they help the company to identify
their aim and then proceed accordingly. They help in accelerating the capacity for innovating the
business so that they can get success in the business quickly. Their aim is to deliver high quality
of engineering projects and they treat all the projects as if it is their own project.
They understand the needs of the business and then develop software as per the requirements of
the project. The employees of the Softwire Company focus on developing the plan, design and
management of the projects (Larson and Gray, 2013, p.37). They provide technological
implementation and formulation to the companies in order to enhance the training skills and
operational services. They also provide digital marketing service various retail companies by
giving specialized training in online marketing. They help to target the appropriate customers in
an efficient way to enhance the profit of the business. They use the previous business model of
the company to analyze the potential of the market and they develop a marketing strategy to
achieve the goals of the business.
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Performance management plan (P2)
Kerzner, (2013, p.14) has stated that the fundamental objectives of performance management
plan is to enhance the effectiveness of the business. It helps to set the smart objectives of the
business. Softwire consultancy helps their client to market their business via online mode. They
help to connect the gap between the online world and the business. They focus on delivering
cost-effective and high quality projects to their clients.
They evaluate the performance management of the consultants of the firm by giving them
reviews on their performance. The managers have started giving rewards to the best performer of
the month. They enhance their client to give facebook advertising to target the consumers by
demographics. This generates awareness and interest in buying the products and the services.
This also helps to find the potential consumers who are active in buying the products based on
their search items. It has been found most of the consumers spend time on internet. Softwire
consulting firm helps to connect the suitable audience at the right time by indulging the online
marketing services to their clients. Key phenomenon of the performance management is as
follows:
Time: this plan made by Softwire will not require much time in delivering the products and
services to the consumers. This online process of marketing for the clients will help to gain profit
in the business in a very short span of time (Hwang, 2013, p.272).
Cost: this is a cost effective plan and there is no labor cost in implementing this plan in the
business.
Scope: the business will get a better chance to get success in the market. Scope can be evaluated
when the clients will implement the management plan in their business.
Risk: The performance management includes the area of improvement in the work with
the human capital and provides satisfaction to the employees regarding their job
environment. However, there can be ample amount of risk while performing the technique
of performance management. Without positive feedback, the process of performance
management gets confusing and lacks the productivity of the organization through
performance of the workers.
Resources: Resources are important for the effectiveness of performance management.
This is because human resources department is effectively related to this technique.
Without proper resource as for example fund, software, employee efficiency and training,
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performance management technique can never be applied with full effectiveness. Without
proper resources it is impossible to apply performance management technique effectively
in any organization.
Quality: Performance management relates to the improvement of productivity in any
organization through the improvement of the working efficiency of the employees. This
helps to build the standard of performance of any particular organization and makes that
particular organization to be more performance based. Quality improvement is the basic
requirement of performance management; it helps to develop the productivity of the
organization withgin a fair work friendly environment.
Communication: Communication plays an important part in developing the performance
management in any organization. This is because performance management technique is
related to the effectiveness of human resource department. Therefore, if the manager is not
communicative enough with the subordinate employees regarding their performance, then
the technique of performance management can never be applied to that particular
organization effectively.
Work breakdown framework and Gantt chart (P3)
Kerzner, (2013, p.14) has stated that work breakdown structure helps to manage the teamwork in
the manageable section. The following Gantt chart and work breakdown structure has been
prepared for the project:
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Figure 1: Gantt chart
(Source: self-created)
Figure 2: work breakdown framework
(Source: self-created)
M1
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