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Assignment: Managing Successful Business Projects

   

Added on  2021-01-02

26 Pages5753 Words369 Views
Leadership ManagementProfessional DevelopmentData Science and Big Data
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Managing Successful Business
Projects
Assignment: Managing Successful Business Projects_1

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Devise project aims and objectives for chosen topic........................................................3
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources........................................................................................5
P3 Produce a work breakdown structure and Gantt Chart to provide time- frames and stages
for completion........................................................................................................................6
..........................................................................................................................................................9
TASK 2..........................................................................................................................................10
P4 Carry out small-scale research by applying qualitative and quantitative research methods10
TASK 3..........................................................................................................................................12
P5 Analyse research and data using appropriate tools and techniques................................12
P6 Recommendation and conclusion of research and data analysis.....................................20
TASK 4..........................................................................................................................................21
P7 Reflect on the value of research to meet aim..................................................................21
CONCLUSION..............................................................................................................................21
REFERENCES..............................................................................................................................22
APPENDIX....................................................................................................................................22
Assignment: Managing Successful Business Projects_2

INTRODUCTION
Increasing digitalisation in the commercial segment throughout entire aspects of business
is creating indispensable advantages for the business organisations in marketplace. These days,
scope of digitalisation is increasing day by day. With the help of digitalisation, it is easy for
organisation to expand business operations and profits (Assegaff and Hussin, 2012).
Digitalisation is not only beneficial for organisation but it also provides satisfaction to
employees. This report is based on Continental Consulting Limited which is business
consultancy company. Managers of Continental Consulting Limited are thinking to upgrade their
IT technology through which image of organisation can be improved. In IT, cloud technology is
used which is helpful in storage of client's data. In this report, their is discussion about project
aims and objectives, small scale research, information gathering and data collection techniques to
carry out suitable outcome.
TASK 1
P1 Devise project aims and objectives for chosen topic
Digitalisation is one of the effective approach for performing business operations in
effective way. Digitalisation means use of various digital techniques which helps to perform data
to work with more efficiency (Wiler, 2015). Digital technologies helps managers of Continental
Consulting Limited to provide quick services to consumers and it helps to compete in industry.
Cloud technology, use of mobile applications, social media etc. are some examples of
digital technology that can be employed for improving managerial and commercial affairs of
organisation. There are many social media applications such as Facebook, Instagram, YouTube
etc. which can be used to market brand in industry (Chang, 2016). With the help of digital
techniques, it is easy to create brand awareness among people. Cloud technology is the best
medium through which it is easier to store and transfer data from one place to another.
Continental Consulting Limited has 22 expert teams which provides expertise business growth
techniques. Cloud technology helps team in sharing and storage of client's data.
Topic: “The impact of digital technology supporting small business growth and innovation.”
Background of project: Continental Consulting Limited deals in providing consultancy
services. Managers of Continental Consulting Limited thinking to come with the approaches
which are effective and significant for organisational growth and development. To compete in
Assignment: Managing Successful Business Projects_3

industry, it is essential to make alteration in working style. With the use of digital technology
positive impact on profits can be met by the organisation (Cuijpers, Guenter and Hussinger,
2011). Cloud computing is one of the best techniques of digitalisation that can easily transfer and
access data of client with the help of this technology. In order to take business at international
level, it is easy to store, share and transfer data with the help of cloud digital technology. It is
essential to analyse demand of customer and then provide services so with the help of
digitalisation, it is easier to contact with customers.
Aim: “To analyse the impact of cloud technology on business growth and innovation.” A case
study of Continental Consulting Limited.
Objectives:
To identify whether positive result generated with cloud technology on growth and
development of organisation.
To analyse the main factors that affect business growth and innovation while
implementing cloud technology.
To identify relationship between cloud technology and innovation of Continental
Consulting Limited.
Research questions:
What are the positive results generated with cloud technology on growth and
development of organisation?
What are the main factors that affect on business growth and innovation while
implementing cloud technology?
What are the relationship between cloud technology and innovation of Continental
Consulting Limited?
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources
It is identified as an important part for company as it is needed for an enterprise to
develop project management plan. Main purpose of preparing the plan is to manage entire
activities or functions of the business appropriately (Dwivedi, Henriksen and Wastell, 2013).
Project management plan is essential in helping a project by observing logical discoveries and
actualities which are proper for the activities of company. In order to create an effective project,
Assignment: Managing Successful Business Projects_4

project manager undertake different determinants such as scope, cost, time, communication, risk
and so on. All these helps the organization to complete their project in given time period.
Scope: It is main aspects for each and every business as it plays an essential role in
completion of work effectively. Every organization has their own purpose and scope which gives
accurate guidelines to the company to accomplish wanted objectives and targets within
predetermined time period (Reschke and Schelle, 2013). Main scope of cloud technology is that
it assist in developing all the effective elements related with administration, promotion,
production, expansion, distribution etc.
Cost: It is also an essential and necessary element in completion of project. At the
fundamental level, appropriate amount of capital is needed to be capitalized in developing the
skill and knowledge base of employees (Espiner, 2015). In order to implement cloud technology
in the organization, Continental Consulting Limited needed some amount related to certain
activities which are determined as under:
Total forecasted budget
Particular 2017-18 (€)
Promotional expense 15000
Implementing technology cost 3000
Advertisement expense 3200
Training charges 1400
Catalogues 5500
Total cost 28100
Time: This can be identify as a core aspect of project management plan. It shows the time
duration for the wind-up of a project systematically. This element assist in categorizing entire
activities according to task priority. In this, Continental Consulting Limited will apply a critical
path methods that gives proper amount of information to the business in respects to the complete
of project. Beside this, project manager need approx 8 weeks to complete such project in a
systematic and effective manner (Gitata, 2017).
Risk: In project, conflict and problems are unwanted, it can emerge in different situations
as well as has more impact on project activities. The main duty of Continental Consultancy
Assignment: Managing Successful Business Projects_5

Limited manager is to find out difficult situation like inadequate amount of funds, support of
workforce, lack of resources and knowledge etc. All these arises via implementation of cloud
technology in the company.
Communication: This part of project management plan plays vital role in developing
collaboration and coordination among the workers (Olsen, 2013). Communication is needed to
properly manage business operations and activities via collaboration of workforce. Beside this,
business manager is concern about proper channel of communication in order to distribute roles
and responsibilities to the staff members. Thus, it also help in implementing cloud technology
effectively in the company.
Resource: It is another effective and important part which is used by the project manager
in order to complete project activities systematically. Continental Consulting Limited is mainly
concerned with retaining the accurate flow of resources including funds, human resources etc. as
to gain competitive advantages easily (Grillo, 2014).
P3 Produce a work breakdown structure and Gantt Chart to provide time- frames and stages for
completion
It is important for the administration of the company to handle all activities and
operations of company systematically. It is the main duty of manager to ensure regarding the
accurate planning of resources as to finish the project activities within the determined time frame
(Deokar and Sarnikar, 2016). There are mainly two techniques which are followed by the project
manager of Continental Consulting Limited as to handle organizational work in proper manner.
Work breakdown structure: Work break down structure is the techniques used by
managers in order to distribute whole project among subordinates that assist in improving work
as per the requirement to accomplish set goals (Hagel, 2013). It is essential and valuable for
management team of respected firm to recognize entire information linked with particular area. It
support an individuals in achieving desired goals and objectives within given time period.
Assignment: Managing Successful Business Projects_6

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