Managing Successful Business Project Report
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Added on 2020-06-04
Managing Successful Business Project Report
Added on 2020-06-04
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MANAGING SUCCESSFULBUSINESS PROJECT
Table of ContentsTASK 1 ................................................................................................................................................3P.1 Aims and objective of project ...................................................................................................3Back ground of study ......................................................................................................................3P2 Project Management plan to cover Scope, cost, time, quality and communication...................4P3 Work background structure and the Gantt chart.........................................................................5TASK 2.................................................................................................................................................7P4 Small-scale research using Qualitative and Quantitative research tools....................................7TASK 3.................................................................................................................................................8P5 Data Analysis of the research using various tools and techniques.............................................8P6 Recommendation as a result of data and research analysis for meaningful and validconclusions. ...................................................................................................................................11TASK 4...............................................................................................................................................12P7 Reflection on the value of undertaking the research analysis to achieve the objective, selflearning and performance..............................................................................................................12Conclusion .........................................................................................................................................12Reference............................................................................................................................................13
TASK 1 P.1 Aims and objective of project Back ground of study Project management plan helps to find out the most effective and result oriented activities oroperations to establish an organisation. This implies that the project management plan is developedin order to avoid the organisational issues and assist the business activities so that they can lead tothe growth and development of the organisation as well as society. This project is in context of theTalon Outdoor a Home media specialist company(Balasubramanian and Sawhney,2013) Thiscompany provides effective Out-of-home mediaadvertising which is based in the UK. Thecompany focuses on providing creative innovative and smart advertising through communicationwith the customers while they are outside their home s. In this report the project management planwill be the main concern and will determine how the company can make an effective project plan. The report will identify the need of the digital technology in the development of new projectplan. The digital technology is the combination of each and every technical equipment or theapplication that are used in an organisation for the use of technologies in the business operations oractivities. The digital technologies help a business organisation to perform a variety of operationseffectively and consume time as well as money. The proper use of digital technology can help abusiness or company to gain competitive advantages that results to increase the efficiency and costreductions as well as improving the sales. Therefore, The digital technologies is very essential ineach and every business or companies in the present business environment(Baskerville and Wood-Harper,2016).The Talon outdoor is media specialist company that offers effective out home mediaadvertising options to the customers. The media advertising is a very essential element in themarketing or promotion of an organisation. They various organisations understand the needs of themedia advertising and use it as tool of marketing or promotion. The Talon outdoor need to developvarious project plans in order to make the best use of the technologies in order to provide the bestservices to its customers with regards to the media advertising. Aims and Objectives of the Talon outdoor. Aims – To make the best use of the digital technology for helping companies in advertisingactivities. Objectives – To identify and understand the use of digital technology in the media advertisingbusinesses. To understand the relation between the project management strategy and the digitaltechnology(Brooks,2014).To provide various recommendations for an effective project managementstrategy with implementation of digital technology. Research Questionnaire - What is the need of digital technology in the media advertising businesses?What are the importance in the project management plan?What is the relationship between the project management plan and digital technology?What are the recommendations for an impressive project plan?
P2 Project Management plan to cover Scope, cost, time, quality and communication.Task NameDurationStartFinishPredecessorsResearch Project Mon 12/18/17Planning Wed 12/20/17Finding of the topic 3 daysThu 12/21/17Mon 12/25/17Statements of problems 1 dayThu 12/21/17Thu 12/21/171Time frame and allocationof resources 2 daysFri 12/22/17Mon 12/25/172Implementation Fri 12/22/17Literature review 5 daysSat 12/23/17Thu 12/28/173Selection of correctresearch methodologies 1 daySun 12/24/17Sun 12/24/174Data analysis andinterpretation 2 daysSat 12/23/17Mon 12/25/175Evaluation of results andoutcomes 2 daysSat 12/23/17Mon 12/25/175Project closer Giving conclusion andrecommendation 1 dayWed 12/27/17Wed 12/27/176Results of documentation 1 dayThu 12/28/17Thu 12/28/177Submission of report 1 daySat 12/30/17Sat 12/30/178On the basis of the above chart the researchers within an organisation helps the business activities togrow and develop. The organisation's operations are planned according to the project managementplan mentioned above. The project management plan includes various factors or elements that needsto be considered, these elements are described below -Risk – In the project management plan help to identify the various risk that can affect theorganisation's performance or productivity. The researchers develop the project planconsidering the various risks that can influence the business operations(Bughin andSinger,2012).Cost – The project management plan help the organisations to analyse the cost of thebusiness activities and effectively control and decrease it in order to increase the profit ofthe business. The Cost is the very essential factor that have a major impact on theorganisation's growth and development.Scope – The digital technology can create a wide scope for an organisation in terms ofgrowth and development by increasing the effectiveness as well as efficiency in the businessactivities and operations. The digital technology plays and important role in the mediaadvertising as it uses various digital techniques and applications to perform the mediaoperations. Communication – An effective communication is important for each and every kind ofbusiness or organisation(Chaffey and Patron,2012). Communication helps to share the ideasand views within the organisation and employees working in various departments. Thishelps them increase the coordination and achieve a common goal. The project plan helps theorganisation to decide what is the best way to communicate with each other in a business orcompany.
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