Managing a Successful Business Project : McDonald's
Added on 2021-02-19
17 Pages3525 Words28 Views
Managing aSuccessful BusinessProject
Table of ContentsINTRODUCTION...........................................................................................................................1P4. Different methods of Data collection....................................................................................1P5. Communicate recommendations.........................................................................................12P6. Reflection on the value of undertaking the research...........................................................13
INTRODUCTIONManaging a successful project is the key fro get the desired result from the project. Aresearch project include different amount of resources so it is the responsibility of project mangerthat the individual used effective methods to achieve the aims and desired outcome of theresearch project (Anderson and et. al., 2016). P4. Different methods of Data collectionData collectionThere are various methods which can be used by the researcher to collect and gather dataand information to continue or compilation of the research project. For the continuation of thisresearch project to monitor the position of McDonald's in food industry, the person can gatherdata by using quantitative research method, qualitative research method, primary researchmethod and secondary research method of data collection. The description of all of them are asfollowing:Qualitative method- This research method is described like a market research methodwhich make concentration on collecting data and information through open ended andconversational communication. This data deals with the quality of the information so that theyare synchronous rather than numerical in nature. This method of data collection is preliminary innature and majorly preoccupied with gaining modality and understanding on inherent reasonsand motivations. In this research project, the person can used this method of data collectionbecause it is a relevant method to provide rich data about real life of people and situations andbeing more able to make sense about behaviour and to understand within its wider context. Togather information about the research project, the individual can used different methods ofqualitative data like interviews, focus groups, observation and action research. Quantitative method- It is a method of systematic investigation of phenomenon bygathering quantifiable information and playing statistical mathematical or procedure techniques.This method help in monitoring the objectives of measurements and statistical, mathematical andnumerical analysis to gather and collect information and data about the research project(Crawford, 2015). In this research to collect information about the position of McDonald's in thefood sector, the individual can used different methods quantitative research like polls,1
questionnaires, surveys and others. With the use of this method, researcher get first hand andpure information which is reliable for completing the research and achieving its objectives. Primary method- It is a data collection method and in it the data is collected by theresearcher for the first time. This information is fresh in nature and is circumstantial to a researchproblem under study (Filimonau and Krivcova, 2017). In this research project for gatheringinformation, the researches can used this method and obtained directly from first hand sourceslike experimentation, surveys and observations. Primary data does not dependent to anyprocessing or influence because it is directly collect by the individual. Secondary method- It refer to that information which is already available and easilycollected by the person. In this research, the researcher can used this method to collect dataregarding the project to attain the objective of it. The person can implement various method ofsecondary data like books, journals, online sites, government censuses, libraries, internet etc. Itdoes not pure data because this information already used by various people. Data samplingIt refer to the process of statistical analysis technique which is used by the individuals toinfluence and admonisher a symbolic set of data points. It help in distinguishing practices andways in the broad data set being determined. In other words, it can be a set of specific populationor a number of set of people which are chose by the research to collect information. In thisresearch project the researcher can used quantitative research and primary method of datacollection. To gather information the individual select a sample of 40 people which help inproviding information about the research topics. The individual select questionnaire to collectinformation to get first hand and pure information.Questionnaire It is a research document which consist a number of series of questions to the objectiveof gathering information from respondents. It can be a set of written and printed questions with anumber of choice of answers which are mentioned for the motive of a survey or numerical study(Jeon and et. al., 2016). The questionnaire fro this research project is as following:QuestionnaireName:Position:Location:2
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