Managing a Successful Business Project
Added on 2020-07-23
27 Pages5755 Words215 Views
Managing a SuccessfulBusiness Project
Table of ContentsINTRODUCTION...........................................................................................................................3PART 1............................................................................................................................................3P1 Aims and objectives of this study.....................................................................................3P2 Project management Plan..................................................................................................5P3 Work breakdown structure and Gantt chart......................................................................6PART 2............................................................................................................................................8P4 Application of quantitative and qualitative tools for data collection...............................8PART 3..........................................................................................................................................14P5 Research Analysis ..........................................................................................................14P6 Recommendations ..........................................................................................................23P7 Self- reflection of the work undertaken ..........................................................................24CONCLUSION..............................................................................................................................24REFERENCES..............................................................................................................................25
INTRODUCTIONThere are number of technologies who act as crucial part within company. Due to thegrowing marketplace, there are technologies which are being adopted by the company which inturn can mainly provide sustainability within marketplace (Ahmed Dine Rabeh, Jimenez-Jimenez and Martínez-Costa, 2013). There is the high need of adopting various tools andtechniques with the motive of having competitive advantage irrespective of size. Productivityenhancement along with transparency are major benefits which company avails by conductingthe operations. Company taken for this report is Quint group who deals in financial domain andthus provide the services. There are various factors which will be highlighted within this report isobjectives and aims for the study with planning and plan development which mainly consists oftechnologies within process of company. Along with this, there is some crucial data which needsto be collected by company for conducting the research in effectual manner.
PART 1P1 Aims and objectives of this studyThere are some of the steps which needs to be matched with environment for prolongingthe process of an organisation. Revolution is being done on regular basis by bringing new kind oftechnology along with dynamics which are being developed for maintaining the environmentwhich in turn has become highly essential along with adoption of latest technology and trends inorder to fulfil the actual needs and wants in effective and better manner (Chesbrough, 2010). Abusiness can adopt number of technologies which are present within the market and can boost upthe running. Basically technology mainly helps out in having better production of goods or easein access of services to customers. Quint group being a financial domain, there is high need ofhaving best of technologies which can keep every database in perfect manner. There is crucialdata which needs to be stored and that can be done by introducing the cloud technology wheredata can be kept secured. Bringing innovation within the technology gives a little bit of uniquedifference which in turn can better results along with resolving issues and business procedures.Quint group is private venture can avail benefits in numerous ways (Crane and Matten, 2016).This can be allowed by developing the cost for the structure which can lower down the currentone. Another benefit of digitalisation is the objectives within business tasks along with perfectdata stockpiling. Mentioned company can be stated as helping hand for implementation ofchanges for certain activities enhancement. This in turn mainly helps out in guiding which canhelp out in attaining growth and success of business activities. In present scenario, Quint Groupis focusing up on anticipating the versatile programming which in turn can enable prospects fordealing with exercises along with tasks by mobile.Topic: Impact of digitalisation for providing support in accomplishing objectives of smallbusiness by the help of innovation. Background of the Project:Due to the scenario within marketplace, it has become highly essential for a business tomainly evaluate the external scenario of market which in turn can affect the business in slow andeffective way. Operations of the business are being affected by the dynamic nature ofmarketplace (Den Hertog, Van der Aa and De Jong, 2010). There are certain areas which needsto be determined in order to bring the scope of evolution by which necessary modifications canbe bought out. For a business, there is the need of having deep research of internal and external
factors which can help in catering effective services to the clients. There is the high need ofaddressing the research and its outcomes by company so that outcomes which are being obtainedin effective and efficient manner. There are various kind of advantages for the company like forexample time and speed in order to deliver the services.There is the advantage which company can avail by the help of research is gain certainknowledge for aims and objectives along with needs which has to be fulfilled in effectual manner(Eckerson, 2010). There are number of outcomes by the research and for them it is mots essentialone is the customers which are facing many kind of issues by accessing and thus managing theservices in better way. There are various kind of solutions which which company has came upafter hearing the issues and thus for that company has developed a mobile application which canease up the access to the services and thus it can provide functionality on regular basis of time.There are various kind of small business which are mainly trying to give better services andsatisfaction along with initiatives within digital technology sector (Gebauer, Edvardsson andBjurko, 2010). This can improve the customer relationship which are mainly retained withcompany. Aim: “To standardise impact of digital technology for combining innovation and growth for asmall business enterprise- A case study on Quint Group Ltd” Objectives: Identification of digital technology impact on SME. To gauge estimation of development for a company.To decide the interrelationship between the advanced innovation and development ofprivate ventures Suggestion of routes by which a business can embrace advanced advancesResearch Questions: What are the impact of digitalisation on business? How growth and development can affect business?State the relationship between growth and technology within company. What are the ways by which digitalisation can be adopted within process by company? P2 Project management PlanWhen there is need of creating the value, company utilise the concept which is named asProject. Major focus of the project management plan is to look out for proceedings which has to
be managed within projects such as the targets which can be mainly applied for completing theproject. There are various kind of activities which are being mainly included within the projectmanagement for bringing the strategies and plans which can mainly be considered by activities.Certain activities are important to carry out in proper and authenticated way as they are the set ofactivities (Incelli, 2013). There are various stakeholders within company which are being mainlyconsidered from the stakeholders while giving out the structure for the plan. This can be stated asduty of the manager in order to make sure the activities are being attained in expected way. Cost: This kind of factor can be stated as term which is being used by company forintroducing the services to the reach of customers. There are certain tasks which can beoutsourced or an another team can be made for developing innovation within technology. Fundsin huge amount is being needed for implementation (Jones and Lubinski, 2012). By this way,company has mainly own the goodwill within the marketplace and this will help in arrangingfunds. Time: In this segment, tenure is being allocated by the management for the completingthe project along with launching up of mobile application which can give ease access to users.This in turn create need of having time boundary which in turn can help in attaining the targetsand motivating employees for similar doing. Those kind of activities gives certain amount oftime in which work has to be completed. Scope: There are various kind of activities which company takes in hand and thusaccomplish within allocated period of time. This in turn provides the help in tasks identificationcompleted within tenure provided (Kankaanranta and Planken, 2010). Major process of areplanning, controlling along with closing has to be carried out.Risk: This can be characterized as the vulnerability which is connected with venture (Laiand Ong, 2010). There are different sorts of hazard factor appended to the task. For instance ,bring down reaction shape the customers over the territory of business. Advanced innovation hasbeen assisting in standing out to cell phones for long stretch. Communication: Significant part is being played by this factor as it gives the apparatusto directors to pass on the techniques alongside objectives which should be considered for thisprocedure. There are different sort of representatives who are for the most part chipping away atthe task keeping in mind the end goal to give motivational component.
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