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Managing Successful Business Project

   

Added on  2020-12-18

21 Pages3401 Words118 Views
Managing Successful BusinessProject
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TABLE OF CONTENTSTASK 1............................................................................................................................................1P1 Devising aims, objectives and time frame........................................................................1Aim.........................................................................................................................................1Objectives...............................................................................................................................1Research Questions................................................................................................................1P2 Project management plan..................................................................................................1P3 Work breakdown structure and Gantt chart......................................................................3P4 Small scale research for meeting aims and objectives......................................................4P5 Analysis the data using techniques....................................................................................6P6 Appropriate Recommendations and conclusion..............................................................12P7 Reflection........................................................................................................................13REFERENCES..............................................................................................................................15Log Book.......................................................................................................................................18
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TASK 1P1 Devising aims, objectives and time frameTitleTo analyse the impact of digital technology in achieving various business objectives inBlack Penny. Overview Digital technology has brought various advancements in every field. There are variousdifferent aspects of digital technology that can be involved in Black penny in order to make theprocessing better and efficient enough. So, the Black Penny can ensure the fact that use of digitaltechnology can actually help in increasing the overall rate of the processing of the operations.This will further prove beneficial enough in bringing a higher rate of popularity as well asproductivity (Eckerson, 2010). There are various different factors that acts as a barrier andchallenge in the operations, so the Black Penny can also consider all these and with the help ofinvolvement of digital technology, can focus on making proper modifications and improvementsin order to have a better processing of the operations and services. AimTo analyse the impact of digital technology in achieving various business objectives in BlackPenny. ObjectivesTo determine the influence and importance of digital technology.To analyse the relationship between involving digital technology and gainingproductivity in Black penny, To recommend ways of investigating the influence of digital technology on businessobjectives. Research QuestionsQ1 What is the importance of digital technology?Q2 What is the relationship between involving digital technology and increased productivity inBlack Penny?P2 Project management planTask NameDurationStartFinishPredecessorsAuto Research proposal 1 dayMon 1/1/18Mon 1/1/181
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ScheduledAuto ScheduledAims and objectives 4 daysTue 1/2/18Fri 1/5/181Auto ScheduledResearch methodologies 5 daysMon 1/8/18Fri 1/12/182Auto ScheduledData collection 7 daysMon 6/24/19Tue 7/2/19Auto ScheduledData analysis 5 daysMon 1/15/18Fri 1/19/183Auto ScheduledData interpretation 4 daysWed 7/3/19Mon 7/8/192,3,4Auto ScheduledFinding and conclusion 9 daysWed 7/3/19Mon 7/15/194Auto ScheduledRecommendations 8 daysMon 1/22/18Wed 1/31/185Auto ScheduledConclusion and Submission 4 daysTue 7/9/19Fri 7/12/196Auto ScheduledSubmission3 daysTue 7/16/19Thu 7/18/197Figure 1: Gantt Chart2
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Cost: In order to conduct present research, total £580 required. With the help of this,different activities consider on the basis of proper amount so that aim and objectives willbe accomplish. Scope: Present research helps to several other aspects to implement digital technology atworkplace. It will develop more significant advantages to make advance work andascertained more effectiveness. Time: Total 2 months undertaken by researcher to complete the research. Quality: All resources that are used in the present research must be qualitative so thataim and objectives will be accomplish in appropriate manner. Communication: Researcher need to make their effective communication with severalnumbers of respondents and other people so that appropriate work will be develop. Risk: Time and money are major risk elements that need to be assessed in appropriatemanner to attain more desired results.Resources: Financial, physical and technical resources must be implemented in theresearch to accomplish more desired level of results. P3 Work breakdown structure and Gantt chartFigure 2: Critical PathP4 Small scale research for meeting aims and objectivesResearch is considered as a way of collecting the data and information in a way that it canseem beneficial enough for the whole research. There are different factors that are consideredwith the research methodology and these are discussed as under:Research approach3
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Research approach is considered as a way in which the information is being collected in away that it can seem beneficial enough for the research. There are different factors in whichresearch approach can be classified and these involve inductive and deductive. Inductiveapproach focuses on the fact of generating new theories but the deductive approach focuses onthe objectives and their implementation (Eckerson, 2010). In this research, the researcher makesuse of the deductive approach because it can help them in analysing efficiently the influence ofdigital technology in different operations of the Black Penny.Research philosophyResearch philosophy is considered as a way which helps in providing an analysis to theresearcher that how the data should be taken and analysed and then on that basis, it should begathered and used in the research (Peppard and Ward, 2016). There are various aspects in whichthe research philosophy can be classified into and some very well-known and common examplesinclude positivism, realism, interpretivism etc. in this research, the researcher has made use thepositivism approach because it helps in providing a better analysis of the impact of digitaltechnology in the operations of the Black Penny. Researcher made use of positivism philosophyof research because helps in drawing observation on the basis of actual knowledge over researchtopic.Research methodResearch method is considered as a way which is used in the research to make it moreefficient and appropriate. There are various types of research project and some well-knownexamples are classified as the qualitative and the quantitative. The qualitative methods areconsidered as the methods in which the information has been taken from the theoreticalframeworks whereas in case of the quantitative method, it is being taken from the statisticalframeworks. In this research, the researcher has made use of the qualitative one because this willhelp them to evaluate the importance and influence of digital technology in the Black Penny. Useof quantitative method has been avoided because in case of the data from statistical and tabularforms, there is a possibility that the data might not act accurate and new as per the research. So,the researcher has avoided the use of quantitative method. Data CollectionData collection is considered as a way in which the information is being gathered bydifferent means. The collection of data can be done by either the primary method or by the4
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