Managing a Successful Business Projects Assignment
Added on 2020-06-04
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Managing a SuccessfulBusiness Project
Table of ContentsPART 1............................................................................................................................................1Definition....................................................................................................................................1Problem Statement......................................................................................................................1Project Strategy...........................................................................................................................2Project Objectives.......................................................................................................................2Performance, Cost, and Time Objectives...............................................................................3Deliverables.................................................................................................................................3Project Scope Statement..............................................................................................................4Success Criteria...........................................................................................................................4Project Assumptions....................................................................................................................4Implementation Plan........................................................................................................................5Work Breakdown Structure.........................................................................................................5Schedule (Gantt Chart)................................................................................................................6Project Processes..............................................................................................................................6Communication Plan Managing a Successful Business Project.................................................7Part 2................................................................................................................................................8Small-scale research process.......................................................................................................8PART 3............................................................................................................................................9Proper data analysis using effective tools and techniques .........................................................9RECOMMENDATION............................................................................................................19Reflection..................................................................................................................................19M3 Evaluation of research tools and techniques that are been taken in for accuracy andauthenticity to support and justify the recommendations.........................................................21M4 Evaluation of importance of project management and quality of research meet to supportbetter learning and performance................................................................................................21D2 Evaluate and reflect project outcome on decision making and development of initialproject on the organisation........................................................................................................22CONCLUSION..............................................................................................................................22REFERENCES..............................................................................................................................23
PART 1DefinitionIntro to sectionsThe advancement of technology and adoption of the latest technology will help firm togain a good control over various business operations that will help in better revenue generation.Effective planning of operations supports better growth and development of an enterprise andaids in significant rise in its clients and stakeholder’s satisfaction level. For research report, wehave taken Ensoft as cited organization. It is a UK based software firm working in IT and digitalsector. Research will include effective assessment of impact of technology on businessoperations of organization and a management plan will be presented including work break downstructure and Gantt chart (Parra-Cabrera and etal., 2018). Other than this, a research will bepresented that will help in better growth and development of digital technology functions onproject aim and objectives. Proper analysis will be conducted and based on it, appropriaterecommendations will be given. Also, a reflective account will be presented on valuation ofundertaking research process and objectives.Literature review This is an imperative perspective that empowers to decide the diverse sort of research that arecompleted by different specialists. It is sufficiently useful to create top to bottom learning aboutthe examination subject. As indicated by Sako, (2012) there are distinctive kind of business exercises that are to bedone inside lodgings. In this specific situation, it incorporates getting ready necessity of clients.According to Simmons, Palmer and Truong, (2013) distinct individuals have assortedarrangement of inclination and it is critical for the firm to comprehend them and convey benefitsin like manner. Further, it requires to have distinctive offices like culinary specialist, workers,secretary, and so forth who need to cooperate towards shared objective. Davidson and Vaast, (2010) expressed that there are numerous progressions that hasoccurred in connection with innovation. It requires the inn to comprehend the advantages thatthey get when new innovation is utilized. It is being recognized that there are sure arrangementof issues that are distinguished in which usage of innovation ends up troublesome. In thisspecific circumstance, one of the primary issue is connected with arranging the cost that will bebrought about. Further, there are sure arrangement of aptitudes and abilities that every one of the
laborer have (Obeidat and Abu-Shanab, 2010). Whenever new or refreshed innovation isexecuted, at that point it is essential that workers are furnished with legitimate preparing so theywill have the capacity to build up their aptitudes and abilities.There are numerous kind of business exercises that are performed inside lodgings in which thereare changes and enhancements that are made so brilliant administrations can be conveyed tobenefit clients (Andriole, 2012). At the point when there are change that are made by thebusiness with the goal that they can comprehend the necessity of clients and convey thembenefits according to their need and prerequisites. What's more, it is additionally distinguishedthat every one of the representatives are not ready to modify with the progressions promptly thusit required to have sound communication from the side of administration so every one of thespecialists can alter with the progressions adequately and productively.P1 Problem StatementImpact of digital technology is growing at a fast speed with changing environment andcompanies in order to be successful need to incorporate modern technological changes (Sargent,2018). Ensoft, being a software development company of UK, is trying to evolve with changesin external environment but is facing a lot of issues and problems which are restraining it toincorporate recent technological developments (Charlesworth, 2018). However, current changesand evolving aspect of digitalization is forcing company to improve ir working through use ofdigital business solutions. Thus, report will incorporate managing a business of Ensoft usingnewer technology in form of digitalization. Ensoft, being a software development company majorly serves US vendors that areneeded to bring in newer reforms in technology so as to enhance its operations (Collins andHalverson, 2018). impact of digital technology will ease ir operations and aids in businessperformance as new techniques will be easy and quick to perform. This aspect of new reformwill provide a clear description of various strategies of Ensoft which is required to be fulfilledusing digital technology so as to achieve competitive advantage and serve customers in anefficient manner (Parra-Cabrera and etal., 2018).
Project StrategyThe project strategy involves various key points which Ensoft needs to check so as toimplement new technology based on digitization in an appropriate manner.It is essential to understand effect of digital technology on Ensoft and its working as wellas its importance in achieving goals in an efficient manner (Charlesworth, 2018).Ensoft needs to undertake various strategical research in order to plan and implementbest strategy for organization.Company needs to examine trends and development that have impacted Ensoft last yearso as to implement new digital technology that will enhance its overall performancemeeting customer expectations in a better way.Company being a software development needs to undertake views from its customers andcheck its competitor’s strategies in order to implement digital technology in an effectivemanner (Collins and Halverson, 2018).Another strategy which Ensoft needs to design is its infrastructure availability which will meetdemands in a better way (Parra-Cabrera and etal., 2018).Project ObjectivesIn order to successfully implement the digital technology, Ensoft needs to design a clearand concise statement of vision and mission (Brenner and Herrmann, 2018). After the statementthe vital task is to define the goals and objectives of the company. Ensoft needs to call a boardmeeting for taking consideration from all stakeholders so as to implement the new project in anefficient manner. Thus, approval of stakeholders is essential as they are the vital part inaccomplishing objectives of the software company (Collins and Halverson, 2018).To achieve the project objectives, Ensoft needs to hire quality mangers and employeeswhich will aid in achieving targets using digital technology (Collins and Halverson, 2018). Theimpact of digital technology will help mangers and employees in interconnecting with theircustomers through use of social media and internet which will built stronger relationships. Suchtechnology will provide concrete feedback to software development team so as to correct anydeviations and plan and produce in a better way (Dasgupta and Kothari, 2018).
Performance, Cost, and Time ObjectivesThe effective project management plan will involve the better planning of variousoperations that are been taken in consideration by the firm. This will help in better planning andhandling of business operations. The better and effective research plan will help in suitable risein functionality and will support a good structural and operational effectiveness of operations.This will help in the suitable growth and development of business operations and that willsupport a good understanding and assessment of the influence laid by the digital technology onthe organizational functions (Charlesworth, 2018). The rise in the operational functionality willhelp the firm to improve its market position and help cited digital enterprise to increase itsoverall efficiency and effectiveness. Other than this, it will support firm to manage the differentoperations like its performance, costing, and time constraints that will be considered by businessorganization.Performance:the research process will help the firm to gain a good control over the operationsthat will help in suitable and significant growth in the performance of business enterprise usingdigital technology. The increase in performance will help the firm to meet the requirements of itsclients and stake holders and gain a better sustainability in market. Cost: Costing or Budget management is also a very crucial and vital aspect of en enterprise thathelps it to perform or execute its business operations in much significant and effective way. Agood utilization of digital technology will help in better financial management of company andhandling of other resources that are been optimized by a business firm. Also, it will help insuitable management of organizations performance (Parra-Cabrera and etal., 2018).Time objectives: Time plays a very deep impact on business operations of a businessorganization. The fulfillment of allotted project or business operations will help in the betterhandling of the functionalities of cited business organization. This will help in the suitable rise inoverall satisfaction level off clients and stake holders in an enterprise and support the firm todeliver the outputs on a given time range to maintain its effectiveness. DeliverablesExpressing the purpose or outcome in a tangible or intangible form (i.e product orservice)
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