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Managing a Successful Business Project

   

Added on  2020-06-04

22 Pages4890 Words488 Views
Managing a Successful
Business Project
Managing a Successful Business Project_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1: Aims and objectives of project.............................................................................................1
P2: Project management plan......................................................................................................2
P3: Work breakdown and a Gantt chart to provide stages and time frames...............................4
TASK 4............................................................................................................................................7
P4: Small-scale research by applying qualitative and quantitative research methods................7
TASK 3..........................................................................................................................................10
P5: Research and data using appropriate tools and techniques.................................................10
P6: Communicate appropriate recommendation.......................................................................15
TASK 4..........................................................................................................................................15
P7: Value of undertaking the research......................................................................................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
Managing a Successful Business Project_2
INTRODUCTION
Project management is an important function of an organisation in which the managers
makes planning, controlling and executing the work of a team in order to achieve desired goals
and objectives. In today's world, every organisation is trying to grab competitive opportunity in
order to move ahead from their rivals. For this, the management focuses on adopting new digital
technologies in order to bring innovation and creations in the firm. Digitalisation refers to the
process of redesigning the products and brings some new changes in order to fulfil needs and
requirements of customers. The present assignment report is based on Rowlinson Knitwear
which deals in providing school and corporate wear garments. The project covers the aim and
objectives of project along with project management plan. Work down breakdown structure and
Gantt chart to provide time frames are also covered under this report. The project also includes
small-scale research and adoption of qualitative and quantitative method. Recommendation and
reflection to analyse data and meet with project objectives or goals has been also discussed under
this report (Bakker and et. al., 2011).
TASK 1
P1: Aims and objectives of project
Every organisation exist in market operated their business to achieve their own
predetermined aims and objectives so as to achieve growth and sustain in market for longer
period of time. Due to this, the management always tried to adopt an effective strategies
regarding adoption of advanced technologies in order to develop business operations in
profitable manner. Therefore, adoption of digital technologies in business environment is must as
it helps company in running business more smoothly and achieve competitive advantage as well.
The company normally uses digital technologies to manage business functions such as
marketing, human resource, accounts etc. through adopting an effective tools and techniques
such as computer software applications, internet services, networking and Information
Technologies services within firm (Crane and Matten, 2016).
Background of Project:
In order to sustain in competitive market for longer period of time, every organisation
focuses on bring something new and innovative in their working structure so as to improve the
productivity and profitability of company. As the business environment is complex and
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contingent in nature which forces an organisation to make changes in their business structure so
as to achieve growth and goals without any interruptions. Digital adoption brings profitable
outcome to company in terms of increasing productivity and efficiency in work. Therefore, it
must required for every organisation irrespective of the size whether small, medium or large to
adopt digital technologies in order to enhance the quality of work, recording valuable
documentations and many more due to which the company's cost and time will be saved and
brings positive outcome to company.
Topic: Title topic of this is to achieve growth and expand their business operations in order to
accomplish higher customer base. A case study of Rowlinson Knitwear”.
Aims: The main aim of this company is to achieve growth and expand their business operation in
order to achieve huge customer base (Den Hertog, Van der Aa and De Jong,2010).
Objectives:
To evaluate the impact and effectiveness of digital adoption in Rowlinson Knitwear.
To enhance communication skills as well as procedures in order to resolve issues in well
manner.
Maximise the quality of their services.
To provide diversified services.
Research questions:
What are the outcomes that company received after adoption of digital disruption on
Rowlinson Knitwear?
What are the transformation the company faced while adopting digital disruption in
Rowlinson Knitwear?
How company uses digital disruption in resolving issues and problems?
P2: Project management plan with cost aspects, scope, time, quality and communication risk
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Undertaking can be effectively executed just if the administration having enough
information and abilities to get ready venture administration plan comprising different
components, for example, cost, time, quality, extension, correspondence and hazard. These all
components are obligatorily required to consider by administration while settling on choice in
regards to execution of computerized innovation in business tasks of an association (Crane and
Matten, 2016). Such venture administration plan help administration in doling out jobs also, to
their individuals engaged with execution of undertaking exercises. It very well may be
additionally comprehended through depicting such components to sum things up:
Scope: Before choose to actualize advanced innovation in business tasks, the
administration initially decide their extension and their job in accomplishing development and
extension of an association. Execution of web based life in working technique has more
extensive degree as it makes simple for representatives of Rowlinson Knitwear to achieve its
focused on customers through the world inside least time and endeavors. It empowers individuals
from organization to impact their focused on clients through offering the profitable
recommendations and data about the new advancements that can be utilized by them in order to
accomplish business development and advancement (Drucker, 2012).
Cost: It alludes to estimation of cash which is basic need of an association to execute
venture exercises in more viable and effective way. Rowlinson Knitwear is a little and medium
measured associations which are situated in London. Along these lines, it requires colossal
measure of cash so as to bring new innovative framework in business system of focused
customers. Selection of online life to grow its business requires tremendous expense because of
which the administration need to set up a financial plan containing data of distribution of
expense to various exercises. For instance, instalment made to various organizations in return of
showing their ad all alone official sites. In this way, it is vital to get ready explanation appearing
cost acquired in various venture exercises whose example are given as under:
Total forecasted budget
Particular 2017-18(£)
Implementing technology cost 17000
Promotional expense 7000
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Advertisement expense 5500
Catalogues 1800
Training charges 7500
Total cost 38800
Time: Setting time period for fulfilment of wanted task exercises conveys greatest
beneficial result to organization. It ties workers too to centre around finishing apportioned errand
inside given time period which brings out most extreme endeavours from them in fulfilment of
venture exercises. In this way, the administration of Rowlinson Knitwear is required to get ready
and pursue basic way keeping in mind the end goal to guide their representatives to perform as
indicated by the time length distributed to them to finish assigned errand (Kowalkowski,
Kindström and Brehmer, 2011).
Quality: Quality effectively draws in focused customers because of which it progresses
toward becoming the primary reason an association go for quality rather than derivation of costs.
Rowlinson Knitwear is engaged in providing clothing products. In this manner, to draw in
furthermore, speak with them all the more adequately an association must have gifted and
learned representatives who know how to manage customers of diverse nature. Allocating add up
to lead preparing and improvement programs for the representatives upgrades the quality in work
(Loch, DeMeyer and Pich, 2011).
Risk: Risk is dependably exist in each venture exercises which can influence the coveted
result of organization also. Along these lines, there is have to handle future hazard through pre-
accepting the circumstances that comes amid performing of business exercises. The
administration of Rowlinson Knitwear are held at risk to recognize the hazard which can be
connected with absence of assets, lacking representatives bolster, equals new systems and so on
and plan in like manner. For instance, having ill-advised information of workers with respect to
utilizing internet based life stage brings unfavourable outcome to organization because of which
preparing and learning programs will be led for them before beginning undertaking. 0
Communication: It is fundamental component which can help the two workers as well as
clients to catch an eye towards task exercises of an association. The administration of Rowlinson
Knitwear are required to shape a superior correspondence channel at work environment in order
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