Managing Successful Business Project (Task 3)

This presentation focuses on the evaluation of project outcomes, recommendations, and reflection on research in the context of managing successful business projects. It discusses the importance of digitalization for businesses, the benefits of digital technology, and the impact of digitalization on organizational activities. The presentation also provides recommendations for improving business activities through online operations and technological advancements.

Managing Successful
business project (Task 3)

Table of content
 Introduction
 Evaluation of project outcomes
 Recommendations
 Reflection on research
 References

Introduction
In today's modern scenario, every business use digital
technologies in which they make more creative and
impressive products and services which helps in inviting
larger number of customers. In current time if business use
traditional methods than they reduce their customers numbers
which negatively affect the overall performance of the
company at market place.

Evaluation of project outcomes
It is important to gather all the relevant data represent in more
effective manner which leads in decision making process of t
he company. In context of Rolex, they also interpret the data t
o draw effective as well as valid conclusion by whole researc
h activity.

Theme 1: Digitalisation is more appropriate
for Rolex.
Yes No
0
2
4
6
8
10
12
14
16 15
5

Theme 2: Digital technology offer more
benefits to company for long time period.
Yes No
0
2
4
6
8
10
12
14 13
7

Theme 3:Digitalisation requirement in
business activities.
Yes No
0
2
4
6
8
10
12
14
16
16
4

Theme 4: Positive impact on organizational
activities of Rolex.
Yes No
0
2
4
6
8
10
12
14
16
18
18
2
Column B

Theme 5: All the modification is important
in business activities.
Agree Moderate Disagree
0
2
4
6
8
10
12
14
16
16
3
1

Theme 6: Effective as well as best methods
for storing the data.
Yes No
0
2
4
6
8
10
12
12
8

Theme 7: Affect on business for long
time period.
Neutral Positive Negative
0
2
4
6
8
10
12
Column B

Theme 8: Bind digitalisation on all over
department.
Yes No
0
2
4
6
8
10
12
14
16
18
Column B

Theme 9: Effective marketing method.
Traditional Modern
0
2
4
6
8
10
12
14
16
18
Column B

Recommendations
As company is having good market share and strong bran
d image so they do need not to make any changes in their
current business system. Rolex can increase their busines
s activities by operating in online and improving technolo
gies for development and growth of firm. This also help e
nterprise to establish advantage over their rivals by givin
g customers flexibility to purchase products and services
through companies websites.

Reflection on research
In organisation, R&D department is responsible to condu
ct research to find consumers preferences and tastes so th
at they produce goods accordingly. Executives should for
mulate policies and strategies such manner that action tak
es place and issues are eliminated. But I found that colle
cting information from market is not easy task as individ
uals face problems in taking opinions from consumers. T
his create obstacle for me to get correct data and this resu
lt in loss of time and effort.

References
Nicholas, J. M. and Steyn, H., 2017. Project
management for engineering, business an
d technology. Taylor & Francis.
Schwalbe, K., 2015. Information technolog
y project management. Cengage Learning.