Managing a Successful Business Project - Docs

Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1................................................................................................................................................1
P2................................................................................................................................................2
P3................................................................................................................................................4
M1: Comprehensive project management plan...........................................................................6
D1: Evaluation of project management process..........................................................................6
TASK 2............................................................................................................................................6
P4................................................................................................................................................6
M2: Reliability of various method applied.................................................................................9
TASK 3............................................................................................................................................9
P5................................................................................................................................................9
P6..............................................................................................................................................17
M3: Selection of reliable tools and techniques.........................................................................17
D2: Reflection on project outcomes..........................................................................................17
TASK 4..........................................................................................................................................17
P7..............................................................................................................................................17
M4: Value of project management process...............................................................................18
CONCLUSION..............................................................................................................................18
REFERENCES..............................................................................................................................19

INTRODUCTION
For managing a company there is requirement of enhancement in digital technology. So
that, overall working of enterprise can be managed in proper manner. Advancement in
technology only take place when there is some creativity or innovation in the existing. As per the
current competitive scenario it has been seen that every company is using digital tool and
technologies it helps them in their effective work management. In small companies it helps in
growth and innovation because it assists is storing their data as well make it more protective.
Along with this, it assists in proper communication process within employees and organisation as
well stakeholders. Major motive of this report is to measure the outcomes after creation of digital
distribution and how its transforms the barriers or situation of industry into strength of
association (Den Hertog, Van der Aa and De Jong, 2012).
TASK 1
P1
In every organisation, it is important to find out their goal and aims for implementing
advance technology for enhancing development and growth procedure of administration. It is
needed for enterprise to innovate some technologies and introduced digital disruption and
transformation for making functions and operations more relevant as well fast. With the
assistance of digital technology information and data can be transfer to each and every member
working in firm. So that they can work as per the aims and objectives of business and no delay in
achieving these. An organisation can enhance their opportunities and bring several advantages in
the competitive business environment by adopting several new technologies as per the recent
trends.
Background of Project
Company have to adopt various modifications and changes which is important for sustain
in the competitive business environment. Digital disruption and transformation not only help in
development and growth only but they solve many conflict and issues which emerge because of
several complicated situations. It becomes necessary to adopt digital technology in every system
like products manufacturing, proper data record which is important if there any requirement of
information in future, through digital technology employees can easily access files in some
seconds. When an association is adopting latest technologies or models in their day to day
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working then it will automatically create interest for their goods and facilities. Through this firms
are intelligent to build single appearance within the overall attainment of specific protection of
environment.
Topic: “How businesses have coped with the major challenges of digital disruption and
transformation: A case study of Real Foods Ltd.”
Aims: The primary objective of Real Food Ltd is to be most popular and famous as well choice
of the people. Want to expand their business worldwide area. The company major focal point out
to determine the overall implication faced by the company during the time of using disruption
and transformation.
Objectives:
 To determine the determinant of digital technology in Real Food Ltd.
 To measure all kinds of alteration in commercial enterprise with the use of modern
technology in Real Food Ltd. To measure the effect latest technology changes in resolving leading challenges of the
organisation.
Research questions:
 How digital disputation effect the operations of Real Food Ltd?
 What are the impact of digital network in solving leading problems? What are the transformation of enterprise of Real Food Ltd after the interruption of
digital technology?
P2
It is necessary for an enterprise to frame proper programme for carry off a project for
evaluation of group and correct management of project. The same assist in starting actual
research and also avail in gaining information and rational collection that does not take any kind
of hurdling. Management plan of mission aid in identifying scope, time, quality, risk, resources,
communication. When there is proper management it helps in saving time, cost and also
minimise not required barriers in implementation of strategies. There are several elements which
includes for analysing functioning of the operations (Gebauer, Edvardsson and Bjurko, 2015).
 Cost – For developing any project it is important firstly that budget must be prepared so
that cost can be maintained as per the requirement. When project is started in that several
activities take place such as data analysis, questionnaire, Gantt Chart, IT which required
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experts. Thus, association have to make budgets and allocate cost in several so that work
going will never become expensive.
 Scope – It is important element which must be consider by an enterprise for analysing the
scope of study and project for which planning is going on for execute. Along with this it
is also essential to examine the effect of digital disruption in state of affairs hindrance for
constant improvement. It avails firm in determining proper ways and approaches which
helps an organisation in development.
 Risk – Very new thing involve risk when it is related to business environment same in
this also when an enterprise initiates a project several risk and dangers comes with it. All
these obstruct in the procedure of project management of Real Food Ltd must be
managed properly for better outcomes. Major risk can be that people are used to of
traditional techniques which is using by respective firm. If suddenly they use new, then
there is chances of risk to the company.
 Quality – Quality is one of the crucial aspects that tend to attaining overall performance
of the report. It is a specific document that tend to take necessary action that is required at
each level of project plan to assure that all the activities are needed to be confirm on the
allotted time period. It would examine quality policies and process that are relevant to the
project for both small or large projects and all the essential aspects of any management
activity (Incelli, 2013).
 Communication – Effective communication is important for transferring information
and important data to every individual working. When Real Food Ltd. Is implementing
any changes in their working then they have to convey it to their customers. This can be
only possible through communication such as e-mails, messages, pamphlets and several
others. In this project questionnaire methods are using for graphics, facts and Gantt chart
for correct scheduling of whole project. All these enhance creativity of project which is
conducted by Real Food Ltd.
 Resources – This is important and day to day requirement elements of organisation
because without resources company is not able to meet their daily basis target. It must be
analysed before forming any business project as well company need variety of resources
for determining the effect of digital disproportion and how it will assist in the
modification. Resources required are human resource, financial, technological and so on.
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 Time – Time is very crucial because when its go never comes back as well it is important
assets of organisation. When their proper time management enterprise can gain several
advantages but in some situation it can be the reason of failure also. It is needed that firm
have to complete their project on time, duration of finishing the project is decided in the
beginning. Most probably duration is of 30 days in that time period it must be finished so
they can serve customers on time as well gain competitive advantages (Lai and Ong,
2014).
P3
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