Managing a Successful Business Project: A Comprehensive Guide

MANAGING A SUCCESSFUL BUSINESS PROJECT

Table of Contents
INTRODUCTION............................................................................................................................. 2
TASK 1............................................................................................................................................ 3
P1- DEVISE PROJECT AIMS AND OBJECTIVES FOR A CHOSEN SCENARIO...................................3
P2- PRODUCE A PROJECT MANAGEMENT PLAN THAT COVERS ASPECTS OF COST, SCOPE,
TIME, QUALITY, COMMUNICATION, RISK AND RESOURCES......................................................4
P3- PRODUCE A WORK BREAKDOWN STRUCTURE AND A GANTT CHART TO PROVIDE
TIMEFRAMES AND STAGES FOR COMPLETION..........................................................................7
TASK 2.......................................................................................................................................... 10
P4- CARRY OUT SMALL-SCALE RESEARCH BY APPLYING QUALITATIVE AND QUANTITATIVE
RESEARCH METHODS APPROPRIATE FOR MEETING PROJECT AIMS AND OBJECTIVES............10
REFERENCES.................................................................................................................................11
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INTRODUCTION
Digital technology and the transformational changes now revolutionized the working criteria
and the way of operating the business in an effective manner. It totally changes the scenario
and business activities with the technology and innovative ideas that can enhance the
effectiveness as well as the efficiency of the business criteria. In this research project, the
management planning with the timeline structure will describe that covers the scope, cost,
quality, time, communication, risk and resources of the research. Further qualitative and
quantitative research methodologies will describe that is used for gathering the data and
relevant information regarding research subjects (Piccinini, et al. 2015). The topic includes
impacts of digital technology and the major challenges of digital disruption and transformation,
which will analyze by the several methods and findings in order to identify the factors as well as
making the organization more profitable accordingly.
The chosen organization for this research project is Sainsbury’s, which is the largest
supermarket chain of UK that provides several services and goods to the people. They have
been used various types of approaches and methodologies towards the attainment of goals and
making the organization proficient.
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TASK 1
P1- DEVISE PROJECT AIMS AND OBJECTIVES FOR A CHOSEN SCENARIO
AIMS AND OBJECTIVES:
The major aim of the research project is to analyze the factors that impacted the business
strategies and their environment either positively or negatively in both ways. The company
provides best services and goods to the customers as per their needs in order to gain
competitive advantages as well as enhancing the effectiveness. They used many tactics and
approaches by which they can make effective decisions regarding the improvement of quality
of services. The aim is to find the influencing factors and analyze the impacts of digital
disruption and transformation on the current business activities (Kane, et al. 2015). The
objectives of the research project must be SMART, which might be helpful for defining the
strategies and making the decision towards the accomplishment of the goals and objectives.
The digital transformation revolutionized the overall business criteria and impacted the
business activities positively that is viable for the organization in order to make the strategic
decision that can enhance the profitability rate and gives satisfactory outcome as well.
Following objectives are described below-
 To make the strategic decision with the support of entire staff members in order to
change the policies and use new techniques for improving the level of effectiveness.
 To Make proper use of available resources and also ensure the availability of it, by which
it is easier to improve the quality standards.
 Proper monitoring and controlling of the services.
 To conduct training programs for the employees, so that they can develop their abilities
and do their work effectively.
 To make use of cloud computing, communicational strategies, artificial intelligence and
the big data analytics in order to make changes and the growth or development of the
organization (Goyal, 2017).
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