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Managing successful business project INTRODUCTION 1 P 2. Project management plan 2 P 3. Work break down structure 5 TASK 27 P 5. Small scale research by using quantitative and qualitative research met

   

Added on  2020-07-23

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Managing successfulbusiness project

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P 1. Aims and objectives of research..........................................................................................1P 2. Project management plan....................................................................................................2P 3. Work break down structure..................................................................................................5TASK 2............................................................................................................................................7P 4. Small scale research by using quantitative and qualitative research methodologies...........7TASK 3..........................................................................................................................................10P 5. Analysation of research and information using correct tools and techniques...................10P 6. Recommendation..............................................................................................................13TASK 4..........................................................................................................................................14P 7. Self reflection.....................................................................................................................14CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15

INTRODUCTIONNow a days, world is becoming very modern, every things is being digitalised. This hasbrought so many changes in the corporate world also. This is proved to be beneficial for all typesof companies whether it is large or small (Broekx and et. al., 2011). This has been examined thatit is necessary for small business organisations to apply digitalisation in their day to daycommercial activities in order to improve their goods and services effectively. It is not just aboutusing software, but is associated with developing innovative and creative ideas in venture. Afterapplying digitalisation, a firm could easily remake their merchandises or deliverables forattracting large number of consumers towards them. Advanced technologies aids in saving timeas well as reducing wastages that contributes in attaining higher productivity for company. Thecurrent report is based on 3COM plc which was established in the year of 1979 by RobertMetcalfe. It is small firm which is famous for manufacturing computer network goods orservices. This project is describing about different factors associated with corporation's aims andobjectives, work break down structure, project management plan, etc. TASK 1P 1. Aims and objectives of researchDigitalization is giving positive effects to not only ventures but also on every individuals.For a small sized enterprise, it is very important for adapting modern techniques so that they cansupply best quality goods or services to potential clients. This conception could be used by 3Comcorporation in order to upgrade the quality of their current and upcoming merchandises as well.As they are providing computer based networking goods such as routers, IP voice systems,wireless access points, network interface controllers, intrusion prevention system and many more; they could utilise advanced technology for these products and could make it more innovative(Fleming, and Koppelman, 2016). In addition to this, various sections of business such asmarketing, advertisement, manufacturing, delivery, accounting, etc. can be effectively managedvia the concept of digitalisation. Topic : “ Impact of digital technology in supporting small business growth and innovation : Acase study on 3 Com plc “Background of project : This assignment is all about the influence of digital technologies on thesmall companies such as 3 com. By using such techniques, this enterprise can easily increase its1

production and in turn gain high sum of profits. Thus, they may enlarge their business ineffective manner and serve to large number of users. Apart from this, it also assists in generatinga good brand image in front of potential clients and retain them for a long time period by meetingtheir demands and requirements (Denzin and Lincoln, 2011). Additionally, it offers goldenopportunity of gaining competitive benefits and establishing a powerful position at presentmarket place. Therefore, in order to make strong positioning in this business world, 3Comshould make some alternations in their regular activities for instant, human resourcemanagement, accounting, manufacturing, sales , promotional actions, etc. Aim of research : “ To evaluate the impact of digital technology in supporting small businessgrowth and innovation : A case study on 3 Com plc “.Research objectives : After analysing present scenario of above mentioned company, researcherhas designed some objectives which are stated below :To determine the effects of modern technology in 3 Com corporationTo analyse the way of earning more profitability by applying advanced tools andtechniques in given firm.Research questions : While carrying out this investigation, some of the questions arises incontext of this which are mentioned below :How company can use digital techniques in their business activities ?What are the influences of implementing such advanced technologies within enterprise ?Does this enforcement aids venture in their development ? P 2. Project management planProject management plan is designed by employer of an organisation to take decisions interms of several things such as inputs, working procedure, time taken in accomplishment ofcertain work, allocation of job roles to project team and stakeholders. Thus, it can be said thatthis management plan is essentially used for determining about how specific project is executed,observed and completed in an efficacious style (Geraldi and Lechter, 2012). It would be treatedas a concise elaborated documentation that involves administration plans, standards and otherpreparation documents as well. This task should have to utilise as reference for entire corporates'chores for ensuring that management is carrying out all of its activity in consistent manner byfollowing its policies as well as procedures. It is including different components that assists in2

receiving data regarding management plan in a easy way. Some of the key componentsassociated with this planning is discussed as follows :Cost : This is an important factor that needs to be consider by every companies as everyone wishes to produce goods and services in a cost effective manner. For doing the same,firm ought to take use of effective software so that entire documentation related workshould done in proper way. There are some activities that consume large sum of revenuesuch as doing paper work, recruitments, promotional activities and many more. As 3 Comis involving in performing paper- works, they have to invest high amount of money inpurchasing papers only. If they need to cut out such an extra expenditure, they should usethe option of digitalisation (Hirshkowitz and et. al., 2015). For this, accounting systemneeds to more developed. Every computer system have to be installed with certainmodern applications such as Spread Sheet, Ms – Excel, etc. for performing electronicbased calculations. In addition to this, all such documents that gets created from this canbe saved for a long period of time safely and securely on clouds. The beauty of this cloudcomputing is that any one can use its saved data from any where and any time if there isaccessibility of internet connection. Apart from this, hiring could also be done by usingdigital tools that give option of doing video calling. Thus, as a result, managers canrecruit employees from same place without travelling here and there and usingopportunity of taking interviews online. This saves a large amount of money as well astime. Scope :This component is linked with the value or significance of project administrationand its scope in market location. It comprises of all such things that are going to beconducted in this research project. For 3COM venture, it is indispensable to executedigitalisation in their corporate structure for landscaping their business artefacts and formaking its wide scope at market. In order to upgrade the quality and quantity of theirelectronic goods as well as services, this project would help since it is offering impressiveobjectives and is making clear conception about the utilisation of advanced technology(Hwang and Lim, 2012). By examining this assignment, firm easily get convince aboutadapting digital techniques because it is highlighting every section and clarifying aboutthe advantages of doing the same. This is stating that it supports in rising theirproductivity and improving quality of servicing or productions efficaciously. After3

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