Project Management and Gantt Chart
Added on 2020-06-04
21 Pages4799 Words67 Views
Managing SuccessfulBusiness Project
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Aims and objectives..........................................................................................................1P2 Aspect related to cost, time, quality, communication, risk and resources for projectmanagement plan....................................................................................................................2TASK 2............................................................................................................................................4P3. Produce a work breakdown structure and a Gantt Chart..................................................4................................................................................................................................................6P4 Application of qualitative and quantitative method in order to accomplish all aims andobjectives................................................................................................................................6TASK 3............................................................................................................................................9P5 Analyse research and data by using appropriate tools and techniques.............................9P6 Recommendation on the basis of collected data.............................................................15TASK 4..........................................................................................................................................16P7 Reflect on value of understanding the research to meet objectives................................16CONCLUSION..............................................................................................................................17REFRENCES.................................................................................................................................18
INTRODUCTIONProjects considered as integral part of organisation which help in increasing productivityand trust factor among customers. Projects which are running on large scale need to consideredall the positive and negative factors in order to make it effective and successful in nature. Inorder to manage successful business project company need to research all the important elementsfor maximise growth and development. Under this assignment the company which is prefreedI.e. Jon Vincent Watchmaker which is UK based small scale industry work on adoptingdigitalisation process in working culture for growth and innovation. Management team of thiscompany put an efforts to formulate such policies and programmes which easily helpful inimplementing new corporate culture (Baden-Fuller and Haefliger , 2013). For successful projectmanagement plan better planning and all the factor that impact on working performance oforganisation. This project discuss about aims and objectives, factor consider for projectmanagement, Gantt chart for work breakdown structure and learning outcomes from wholeexperiences.TASK 1P1 Aims and objectivesBusiness runs in environment and it is unpredictable so that there is important roleorganisation to give remarkable image in industry. There are many aspect which has to taken intoconsideration to make good brand in market. There is important role digitalisation in growth ofbusiness. It is important that change has to be applied in most effective manner. These daysdigitalisation is not for big organisations small companies can take concept of digitalisation andthis will impact their growth in positive manner. It is important to take essential steps which willhelp to improve economy of society also. In this report those steps are discussed and companycan make changes in its workings style as well. Digitalisation is important because these daysconsumer also prefer to use updated technology. Jon Vincent is a medium sized watch making organisation who sell luxury watches ataffordable good prices. To make good image in mind of customer they also provide after saleservices from different workshops. Customer has of Jon Vincent are satisfied and hence image ofthis company is good in market. There is need of technological up-gradation in watch makingcompany also, they can use this update in watch making as well to keep various records.1
(Chaffey , 2015). It is important to be popular in market to reach as more as cust9omer, so thisorganisation use various mediums for it. This will help manager of Jon Vincent to analysemarket and adopt measures to achieve them.Topic: Impact of digital technology supporting small organisation growth and innovation-Case Study on Jon Vincent Background of project- this project discuss about different changes which has to be taken indigital medium. Manager has to take acre of business operations has to be adopted in best andoptimal way. There is important role of manager to firstly analysis situation and then acceptchanges. Digitalisation is important for company to make long run operations in industry. If thereare changes in technology and management of Jon Vincent does not accept it then customer willswitch to other brand which provides latest quality product. Social medium is a way throughwhich company can make large number of people are about features of product. Aims andobjectives of project are as follows-Aim: To analyse effect of digitalisation to develop and innovate small business – Case studyon Jon Vincent Objectives: Some policies are required to undertake for smooth running of research work.Objectives are as follows-Impact of digitalisation for growth and development of Jon Vincent.Influence of technological updation in order to innovate new ideas.Need of digital technology for Jon Vincent.Research questions: There are requirement of some questions for successive development of research. Thesequestions are based on objectives of Jon VincentHow digitalisation help Jon Vincent to develop its growth in positive manner?How technological changes implement new ideas and policies?Why Jon Vincent need digitalisation in their operations?P2 Aspect related to cost, time, quality, communication, risk and resources for projectmanagement planEvery project need proper planning, procedures which need to consider by managementof company in order to get best and appropriate results. It is vital for organisation to prepare anappropriate planning related to project in order to enhance growth towards all concern activity.2
Thus, team management need to divide the whole procedures into systematic manner so thatprofitability can be obtained.Various components need to consider at the time of project management which includecost, quality, time, risk, communication. Thus managers of Jon Vincent watchmakers have toconsidered all the point in business properly in order to get effective results. Jon Vincent projectmanagement need proper planning of above factors which stated below:-Cost: It considered as total expenditure incurred during whole project processing so it isduty of finance department to arrange optimum funds for the project. If digitalisation isadopted in order to increase business operation and improve performance leads to heavycost. So strategic management at the time of adopting digital technology require high costwhich enable manager to manage funds at optimum level.Scope: One of the important point which management has to consider is the scope ofproject in which lot of time, money and efforts are incurred by whole team. Professionalmanagers need to analyse the success and scope of project at first priority and then putefforts for better and effective outcomes in future. Digitalisation in Jon Vincent haswider scope because it is UK based organisation and changes liked by customers due tomodern lifestyle.Time: This factor decide the success factor of company because vision and objectives aredetermined after predicting the time period. Company require to designed timeframework for better success in digitalisation system. Jon Vincent do all the researchrelated to the time framework needed for digitalisation in project work so chances offailure reduces and productivity increases.Risk: In every new project risk measurement must be done by risk managementdepartment before implementing new innovation in project. When there is more risk thenmore is the profit so appropriate evaluation of all the factor associated with the risk inorder to attain growth and efficiency in project framework. In every project hedge againstrisk element are always planned for accomplishment of objectives. (Christensen andRaynor ,2013).Communication: Jon Vincent UK based watchmaker work as small enterprise so at thetime of making changes in policies, procedures and strategies of organisation. In suchsituation company manager need to communicate all the digital technology methods they3
adopted in their working style. Effective communication chain between management andproject team leads to higher growth and development.All the above factors need to consider by Jon Vincent Watchmaker for successfullyimplementing the innovative changes in organisation.TASK 2P3. Produce a work breakdown structure and a Gantt ChartIn every project, it is vital for organisation to properly adhere with all the proper plans intheir working style for achieving project effectively. The most important aim and objective oforganisation to designed proper project framework after doing research about all the internalexternal factor for better outcomes and profitable results. Thus, for Jon Vincent, there are twotechniques need to be implemented for implementing digitalisation for growth and innovationwhich described below:-Gantt chart: It is a process which divided the whole project into different time and dayschedule. Further it is essential for organisation to include all the factor which makes allthe activities of project more convenient and easy. In order to divide the work accordingto specialisation of task and activities every project require to undertake Gantt Chart intheir working style which support in accomplishment of organisational objectives. Timelimit is fixed in every Gantt chart on the basis of which project is successfully achieved.Jon Vincent at the time of designing action plan which include all the importantoperational activities which researcher has to take for better and good results. Apart fromabove description Gantt chart is also used from better project planning which statedbelow:-1.Under this case company need to prepare flow chart which is used to understandthoroughly each step of process under project planning.2.Once company have list of all the process they need to follow which help them to knowin advance sequence of events perform in project management.3.Every project of company is successful only when all the workforce work properly incohesive manner. Further in Gantt chart proper use of email and add each of teammember in that chart so they express their opinion which prove successful at the time ofimplementation of project.4
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