Managing Successful Business Projects Assignment
Added on 2020-06-06
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Managing A SuccessfulBusiness Project
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives................................................................................................................1P2 Project management plan........................................................................................................2P3. Breakdown framework and Gantt..........................................................................................4TASK 2............................................................................................................................................5P4. Small scale research by applying the qualitative and quantitative method...........................5TASK 3............................................................................................................................................8P5 Interpretation and evaluate the project outcome.....................................................................8P6 Recommendations on findings.............................................................................................16P7 Reflection on the research....................................................................................................16CONCLUSION..............................................................................................................................16REFERENCES .............................................................................................................................18
INTRODUCTION With the new technology and advancement in the system, the world is inclining towardthen digitization. This is helpful in the sector of business in regard of satisfying consumers aswell as deploying the business. The digital technology have supported the business activitiesthrough accessing a platform for collecting the data and storing them the operation records inmore conveniently (Onetti and et. al., 2012). The assignment discuss the use of information anddigital technology in Rolex which is one of the leading watch company dominating the entirewatch market. By examining the scope, time, communication and Gantt chart of timemanagement, it will analyse the adequate method of creating a successful business project. TASK 1P1 Aims and objectivesTo suits the recent era of business, it is essential to build alternative environment to meetthe trends of a business. This assist in segmenting the traditional market more effectively withina period of time. The management of Rolex company is responsible for the decision whichdetermine the positive as well as negative result of enterprise. The cloud technique can aid inconveying the information which is made for pace transformation of data from one to anotherserver. Tittle: How digital technology changed the business practices: marketing, operational,accounting and HR. Topic: The Digital Technology Impact on Business Aims: The assignment is aiming on evaluation of effectiveness of digitalising process on theorganisation. This study will investigate the potential impact of Posh Nosh through evolving ainternal digital technical procedure (Loebbecke and Picot, 2015). Few aims of the project are asbelow:To understand the sectors in which the company can evolve the process of digitizationthat can avail them more effective and quick service of supplying an order to the focusedgroup of clients. The organisational possible changes through considering the varies and evolving digitalprocedure within the enterprise. Objectives:To examine the implication of digital technology in organisation.1
To study the requirement of transformation activities of business.To assess impact of digital technology on practices transformation of business.Research questions: How is the implication of business technology is done in an organisation?What is the needs of transformation of activities of business?How is the transformation of business activities being impacted by the digitaltechnology?P2 Project management planThe successful business plan can be accomplished with the help of organising andmanaging all activities in adequate way (Weller, 2011). It is important to maintain the resources,time, scope, risk, quality and cost of study for effective planning and execution of strategy. Formaximising the effect and expansion plan of company, this component should be monitored bythe researcher which is discussed as below:Scope of the projectThe nature of the scope of the respected project is very high as modern era provideseveral chance to grow and support the business to increase the profitability. The project have todecide the scope to achieve the success which include the Gantt Chart, Breakdown structure,analysis of data and many other valuable steps. Management of RiskThe major risk of project is the completion of exact time that have been set by theresearcher which can be attained by interpretation of data, analysis etc. on time. The secondthreat that come in the matter of completion is cost. It is 10% more than the last assignmentwhich have been assumed 350 Pounds. Overcosting can restrain the study. CostBefore managing a business assignment, it is necessary to determine the probable cost ofoverall practices that will be undertook by the researcher for completion. The repos will requirethe software specialist, Gantt chart and questionnaire cost which will require more funds. Theexaminer have assumed the amount that will be needing is 350 pounds in which they have tocomplete the entire task otherwise it will be impossible to meet the final outcome.Quality2
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