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Managing Successful Business Project

   

Added on  2023-03-22

23 Pages3942 Words38 Views
MANAGING SUCCESSFUL
BUSINESS PROJECT
Managing Successful Business Project_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P 1 Design the aim,, objective and research questions...............................................................1
P 2 Project management plan......................................................................................................2
P3 Developing Work breakdown structure and Gantt chart to provide time frame and stages
for completion.............................................................................................................................3
.....................................................................................................................................................6
P4 Small Scale research..............................................................................................................7
TASK 3............................................................................................................................................8
P5 Assessment of the research information by implement tools and techniques in the research
project..........................................................................................................................................8
P6 Recommendation according to the results of investigation.................................................17
TASK 4..........................................................................................................................................18
P7 Reflection about the research aim and objective.................................................................18
REFERENCES..............................................................................................................................19
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INTRODUCTION
In the today's time, every business organisation required effective growth and success in
the competitive business environment. In order to compete with rival, business unit develop
several kinds of the strategies and tactics. In this manner, digital technology is one of the most
crucial resource which assist in boost up the performance and growth of the business. In every
business unit, technology requires in various departments such as marketing, human resource,
finance, operation and production. With help of digital platforms like computers, laptops, Wi-Fi,
internet social media etc, business entity can speed up its procedure of business. In the present
research project, the major aim is to understand the role of digital platform in boosting up the
growth of small business enterprise with respect of Charlotte hotel. For attain this objective,
researcher have conducted survey for primary data collection and applied qualitative research
technique
TASK 1
P 1 Design the aim,, objective and research questions
For sustain in the competitive business environment for long time, firm required such
effective techniques and strategy that help in boosting up the growth and performance of
organisation. In this manner, digital techniques is that platform which includes all electronics
such as computer, software, internet, social media etc. With help of all these equipments,
business enterprise can enhance the speed of operation and save the additional time. In the
current research investigation, researcher has conducted the study for understand the role of
digital platform in boosting up the performance of small business enterprise with respect of
Charlotte hotel.
Aim
To understand the role of digital technology in boosting up the growth and performance of small
business enterprise: Charlotte hotel
Objectives
To explore the terminology and concept of digital technology
To examine the role of digital technology in the business enterprise
To determine the relationship between the digital platform and growth of the organisation
Research Questions
1
Managing Successful Business Project_3
What is the meaning of digital technology
What are different role of the digital platform
Analyse the role of digital technology in boosting up the performance of small business
enterprise
P 2 Project management plan
The purpose of the project management plan is to provide suggestion to the project
manager in Charlotte Hotel and assist them in formulating effective strategies or policies for
managing different types of projects. Project plan will assist manager in analysing the need of
various resources and analysing the effective source for fulfilling the requirement of project.
Project plan helps project manager in managing and ensuring the effective as well as efficient
utilisation of resources in project. The project manager in Charlotte Hotel need to emphasize on
various aspects when formulating effective project management plan these are:
Time- It is very essential for manager to set small target and establish time of completion of the
activity. This action or strategies will help manager in completing project on time and ensuring
desired outcome. As it may difficult for project manager to emphasizes on all activities or task
due to lack of time. Considering the time factor is essential as it may have great effect on the
quality of research. The Gantt chart or Work break down structure can be adopted by researcher
as this will allow them to divide or categorise their work on the basis of priority. Further , the
time saved can be used to monitor or evaluating the effectiveness of research and ensuring
desired or effective outcome. This activity will allow researcher to complete each task on time
and in systematic manner (Zumitzavan and Michie, 2015.)
Cost- It is the significant resource that without which the research can not be conducted. As the
researcher may have to face difficulty in facilitating various procedures and activities in
systematic manner due to lack of financial resource. As the investigator may have to bear various
cost as well as incur expenses on executing various actions such as transportation , formulating
questionnaire, stationery, collection of information, internet etc.
Resource-The project manager is required to utilise several resources such as Finance, time,
technology, human resource etc. in order to complete project in successful manner (Zumitzavan,
and Michie, 2015). This resources assist investigator in accomplishing the objective of
investigation and facilitating various operation as well as activities in systematic manner.
2
Managing Successful Business Project_4
Quality-It is very essential aspect to be consider by the researcher when executing investigation.
As maintain the standard of research and quality of operation will help investigator in making
effective as well as suitable decision. It will also allow investigator to ensure that all the
activities or task that has been executed are relevant to the purpose of the investigation.
Risk-This is the major aspect that is required to be considered by researcher as it has great
impact in the investigation procedure and image of the researcher This aspect is relevant to the
collection of data where there is high threat of plagiarism (Smith and Lewis, 2011). Other risk is
associated with the reliability or accuracy of the information.
Communication-it is very significant aspect in investigation as it assist investigator in collection
of data and demonstrating the objective of the research. The present investigation is based on
analysing the effect of digital technology on organisation operating on s,mall scale (Soni and
Kodali, 2012).
Scope of the research-The research or investigation have been facilitated in order to analyse the
effect of the digital or information technology on firm. In present research the investigator has
used basically two methods that is Questionnaire and personal interview technique for collecting
data for identifying the way digital technology has supported small enterprise in facilitating
innovation and assisted business unit in fostering growth (Soni and Kodali, 2012.)
P3 Developing Work breakdown structure and Gantt chart to provide time frame and stages for
completion
Work breakdown structure is also considered as project management tool that assist
project leader in defining or communicating as well as grouping a project discrete work element
in a manner that support manager in demonstrating the aggregate scope of activities in project.
Work break down framework is retained as well as effective structure that support
employees and manager in identifying complex as well as critical activities or procedure that has
great effect on the outcome produced. It assists human resource manager in enterprise to identify
effective ways to reduce the work load on workers (Saunders and Bezzina, 2015). Work break
down framework provides the basis according to which various big activities or task can be
categorise. It enables employees to develop understanding about their roles and responsibilities
towards projects. Work break down structure is considered as the significant or major project
deliverable that helps manager in organising team work into manageable task. It defines the way
3
Managing Successful Business Project_5
in which various activities or task will be executed in order to achieve desired goals and
objectives.
Graph Structure is defined as the graphical representation of the series according to
which the various activities in project would be executed. This framework allows workers to get
the detail about the task or work that are required to be facilitated by them. It helps organisation
in eliminating the overlapping of activities and also aid firm in preventing the wastage of
resources. In project the various processes or task are interrelated, any modification in one single
task may have great effect on the result (Aaker, 2011). Graph Structure assist project manager in
conducting detailed examination before making changes in procedure or system. It also aids
manager in arranging the series of activities. This framework provides workers or other
stakeholder those who are involved in the procedure to develop the understanding about the
project, analyse its importance. It also provides employees an advantage to explore as well as
capture opportunities associated with execution of the project and implementation of technology
at workplace.
Gantt Chart is the other effective framework that can be utilise by project manager for
formulating suitable plan or strategies to complete project on time and in systematic manner.
This plan or strategies support manager in ensuring successful completion of project and
producing desired outcome. It also aids people those who have the responsibility of completing
task to eliminate delay and maintaining work standards (Edward, 2000). If in case any of the
activities are not executed in systematic manner then it may have great effect on the results. This
structure allows manager and other people who are associated with project to identifying the core
activities, as this will assist them in ensuring effective outcome. Gantt Chart can al;so be used by
project manager in measuring the performance and contribution of stakeholder in successful
completion of the project. It has focus on analysing the sequence of task and completion time of
the each activity in project (Saunders and Bezzina, 2015)
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Managing Successful Business Project_6

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