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Project Management Plan for Business
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Added on 2020-06-05
Project Management Plan for Business
Added on 2020-06-05
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MANAGING A SUCCESSFUL BUSINESS PROJECT0
Table of ContentsIntroduction......................................................................................................................................2Task 1...............................................................................................................................................2LO1 Explanation of the aims of projects, project objectives and the timeline................................2P1 Formation of the project objectives and aims.............................................................................2P2 Generating project management plan covering all aspects of business.....................................3P3 Gantt chart structure breakdown................................................................................................5Task 2...............................................................................................................................................7LO2 Conduction of a small-scale research, data collection and information gathering..................7P4 Elaboration of small-scale research with the help of quantitative and qualitative methods.......7Task 3...............................................................................................................................................9LO3 Presentation of project and communicate appropriate recommendation................................9P5 Analysis of tools and technique..................................................................................................9P6 Recommendation on the basis of data analysis........................................................................11Task 4.............................................................................................................................................12LO4 Reflecting on the value gained for project and its usefulness for the organisation...............12P7 Reflection about research.........................................................................................................12Conclusion.....................................................................................................................................13Reference list.................................................................................................................................141
Introduction The modernisation in technology in the recent times has created a dramatic impact on thebusiness sectors. The emergence of the complete new trends of technology has enforced theorganisations into the competitive market of the modern times. In this scenario, McDonald’shave been selected in order to breakdown its constant coping nature with the new innovationsand changes in technology. Irrespective of the type of service, technology has become a hugepart of the business for many organisations. McDonalds is making use of modern techniqueslike, the digital ordering systems, advanced food manufacturing and storing equipments, like thehigh volume ice maker, glass merchandising countertop refrigerator. The modern digitaltechnology shall be analyses and evaluated with the help of quantities and qualities analysis inthe study. The managerial skills in terms of technology is becoming highly essential with timeand requires advanced ideology in order to increase sales percentage and also keep the businessgrowth enact. Task 1LO1 Explanation of the aims of projects, project objectives and the timelineP1 Formation of the project objectives and aims Objectives●To interpret the consequential influences of the emerging digital technologies in thebusiness. ●To analyse the appropriate resources needed in the organisation to cope up with the rapidchanges in technology.●To implement resolutions for keeping the business growth stable and cope up with themodifications. AimsThe aim of this particular project is to derive the resources of the chosen organisation in a tactfulway, so that the gaps in terms of technology are filled. McDonalds is a large business group and2
possess existing ideologies to adjust with the modern technology. Achieving the project aims canhelp in modifying and diminishing the limitations caused due to the interference of changingtechnology. P2 Generating project management plan covering all aspects of business The use of the project management plan is highly essential to cope up with the changingscenarios. In the opinion of Weill and Woerner (2015, p.27), the project management plan shallaid in the monitoring, controlling and execution of the resources and ideologies in an appropriatemanner. The plan consists of several segments that explain the detailing of the project plan thatshall make the execution easier. The different aspects based on which the management plan shallbe further explained are,CostUtilising the finance and understanding the priorities is essential when it comes to carrying out astable and successful business. Every business requires financial savings. McDonalds serves asone of the largest or established chains of food and beverage services and runs on huge capitalsand financial statements. In order to make savings, utilising the resources experiences andskillets in the correct manner is important. As per Smith (2014, p.248), the company can imply tech-savvy cost cutting methods, likeautomating functions, using lower budget applications and free tools. In that way, the companycan gain on areas like, frequent cost cutting, shortening down on unnecessary expenses and alsoretaining resources in the long run. TimeThe indulgence of technology is itself a time saver but only when utilised in the way. Theservices in the several stores are always met with certain time lines and frames. Customer servicedemands deadlines of deliveries, quick orders and even more. In order to improvise timemanagement, automated services can be encouraged and also time saving techniques can beimplemented in the operations team.QualityAs stated by Rayna and Striukova (2016, p.214), the quality factor is directly proportional to thetime and the resources factor. The senior management team can come up with eminent training3
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