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Managing a Successful Business Project - Britannic Group Plc

   

Added on  2020-07-23

24 Pages4382 Words37 Views
Managing a SuccessfulBusiness Project

Table of ContentsINTRODUCTION...........................................................................................................................1PART 1............................................................................................................................................1P1: Aims and objectives of project.............................................................................................1P2: Produce project management plan incorporating: costs, scope, time, quality,communication, risk and resources.............................................................................................3P3 work break down structure and a Gantt chart........................................................................4PART 2............................................................................................................................................6P4: Carry out small-scale research by applying qualitative and quantitative research methods.6PART 3............................................................................................................................................9P5: Analysis of research and data using appropriate tools and techniques.................................9P6: Suggestion for effective results of data analysis.................................................................16P7: Reflection on value of undertaking the research to meet aims and objectives...................16CONCLUSION..............................................................................................................................17REFERENCES..............................................................................................................................18LOGBOOK....................................................................................................................................19

INTRODUCTIONBusiness is one of the effective activity of making one living or formulating money byproducing or buying or selling of various products and services to earn maximum profit withinan organisation. Digitalisation is an integration of various technology into day to day life activityin order to get more benefits in near future time. It will assist them to perform effective inproducing effective outcomes in more effective and efficient manner. There are various factorsthat can affect the overall growth and development of the business. This project report is based on research about Britannic group plc. It deals in effectivecommunication and digital technological equipment’s. Under this report, a well organiseresearch is being done that impact digital technology on different departments such as HR,marketing, accounting other departments. This report used to discuss project management plan aswell as aims and goals of conducting this research. Apart of this, tools and techniques such asGantt chart and WBS is used effective to get effective results out of the research (Giovannoni,Maraghini and Riccaboni, 2011). PART 1P1: Aims and objectives of projectThis is said to be era of digital technology in which people are more concern aboutnetworking and fast processors. Nowadays, it has been seen that digital technology is happens tobe essential elements that is need to be taken into account by the manager of an organisation.There are potential outcomes of effective working style and consequently managers need todesign reliable plan and other program to get more accurate outcomes in near future time. Withthe assistance of new systems, quality can be enhanced and chances of mistakes can beovercoming. In the case of Britannic Group, they are always tried to focus on innovate idea andcreative technology that means which are beneficial and demanded for growth and futuredevelopment. While using changes in business activities, it is important to work as per directionof managers, so that certain outcomes can be accomplish in the near future time. Toacknowledge innovative changes, there are wide number of issues such as, training cost,establishment cost, modification charges and so on. There is potential benefit that are relatedwith increasing overall sustainability of the business. 1

In Britannic Group, advancement in innovation is truly necessary to perform businessactivities in better and successful way. There are various department in Britannic Group, forexample, HR, IT, Research and Development, and so on. These are interrelated with each other.It is basic to recognize what should be possible through which changes can be done whileexecuting plan in better manner. Proper communication is the primary sectors that deal with thedigitalisation of overall growth of each employees those are working with the company. Inaccordance to this, there are various method that can be used to taken into account such as webservices, administrations, telephonic network and many more. Digitalisation serves customer andorganisation at the same period of time. like for examples, marketing department can serve dataor inquiry from client to provide better benefits by the help of LAN and so on. This will enhanceoverall image of customer as well as organisation and to create maximum opportunity in nearfuture time. It is vital for various department to provide accurate and quick data or informationthat will provide data to the customer about the use of social media. It has been seen that thereare certain drastic changes has been seen that will be associated with latest modification in 4Gand 5G networks (Davies and Hughes, 2014). Topic: “How digital technology has transformed business activities, e.g. operations,marketing, accounting and HR”.Research Aim: “The primary aim of this research is to adopt social media that can assistto make modification in operations activities of the department”.Research Objective: To analyses the implication of digital technology on operation done in Britannic Group.To evaluate the problems that are faced by all department because of accepting socialmedia in business decision making. To examine impact of social media on entire growth and financial sustainability of thedepartment. Research Question: What are implication related with digitalization on lower level department of BritannicGroup?How problems arise within internal department in context to social media is being facedby concern department?2

Discussion about digitalization on entire growth and future sustainability?P2: Produce project management plan incorporating: costs, scope, time, quality, communication,risk and resourcesProject management plan is an essential requirement which assist management andemployees to execute future project activities in well-desired manner. Such plans consists ofdifferent activities which are needed to perform with the help of taking support from theemployees. Such plan has been made after conducting research which help in identifying theinterest and perception of employees as well as customers regarding the decision ofimplementing digital technology in business operations. Such plan is framed by top levelmanagers through collecting feedbacks and opinions from their employees. While formulation ofproject management plan, there are certain aspects which are essentially required to considersuch as cost, time, risk, resources etc. All these elements plays an important role in executingfuture project activities in an desired way. Thus, it is important to understand these aspects indetailed manner (Drucker, 2012).Cost: It is an essential and crucial aspect which are required to be estimated in order toutilise them in an effective and efficient manner. Implementation of digital technology such asAdvertisement on TV, social media paid advertisements etc. requires lot of money due to whichthe management of Britannic Group has required to raise and allocate funds according to theneeds and requirements of departments. Scope: The scope of digitalisation is wide as it makes easy for business organisation inoperating business functions in more effective and efficient manner. It reduces burden of work inemployees due to which their internet and working behaviour has maximised. Britannic Group isengaged in telecommunication sector thus adoption of digital technology facilitates them inperforming business operations according to the customer demand.Time: Digital technology requires more time to adopt due to communicating withdifferent advertising agencies and advanced technologies centres for the purpose ofimplementation. It requires training programs as well in order to enhance the capabilities ofemployees to work on using digital technology in such an effective manner that will help inachieving better possible result (Eckerson, 2010). Quality: Implementation of digital technology in working procedure enhances theproductivity and quality of work due to which it become easy for Britannic Group to provide3

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