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Managing Successful Business Projects INTRODUCTION 1 P1

   

Added on  2021-01-02

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Managing SuccessfulBusiness Projects

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Aim and objectives regarding application of digital technology..........................................1P2. Project management plan......................................................................................................2P3 Work breakdown structure and Gantt chart which provide time frames and stages forcompletion...................................................................................................................................3TASK 2............................................................................................................................................6P4 Small scale research by application of qualitative and quantitate methods...........................6TASK 3............................................................................................................................................3P5 Use of appropriate tools and techniques regarding evaluation of research data....................3P6 Recommendation to draw valid conclusions.........................................................................9TASK 4..........................................................................................................................................10P7 Value of undertaking research to meet objectives...............................................................10CONCLUSION .............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONDigital technology are the tools which provides ease to a business management and itsoperations. These tools have provided various new ways of operating business strategies, whichprovides opportunities to organisation to grow and expand their business activities. In this projectreport, a research on Continental Consulting Limited is performed in order to identify the impactof digitalisation on small scale companies. The company which is chosen for the organisation isengaged in providing consultancy services to small and medium companies. Various aims andobjectives along with management plan is discussed in this project. In order to conduct aresearch various information is collected through primary source such as questionnaire which isfurther interpreted in this project.TASK 1P1. Aim and objectives regarding application of digital technologyContinental Consulting Limited is a small scale company which provides consulting andstaffing services to small and medium manufacturing companies. Primary aim of thisorganisation is to appoint appropriate employees for their client companies. This company isbased in London and Greater London. In order to expand their business, quality services areprovided to their clients with the help of efficient management activities and effective plans.Continental Consulting Limited was established eight years ago and in order to increase theirefficiency and productivity, they have to upgrade their technology and for that they have decidedto implement digital technology in their activities. This up gradation will help the company tocompete with new entrants of the market and satisfy their clients. Digital tool provides variousplatforms by which entity can expand and grow their business operations. Digital tool will helpthis consultancy company to promote their business using social media (Adzic, 2011).Topic: Impact of digital technology on the growth of small business activities – a case study onContinental Consulting LimitedAccording to current scenario, technology is the most important aspect in managingbusiness operations. Digital technology helps an organisation to ascertain various elementswhich can effect their operations such as competitors, demand, market forces and many more.Determining future demand using these tools can provide a framework of procedures which cansatisfy the clients' requirements by fulfilling all the demands.

Aim: Effect of digital technology supporting small scale business growthThe primary objective of this research report is to determine how digital tools can assist asmall scale company like Continental Consulting Limited to achieve its organisational goals. Research objectivesEnforcement of digital technology tools on small scale businessesService quality improvement using these toolsProvide variety of related services Research questionsImpact of digital technology on growth of small scale company?How digital tools can diversify the service range of this company?P2. Project management planProject management plan is a set of activities which are needed to be performed in futurein order to attain main objectives. This plan includes necessary actions which are required tomonitor and control and the execution of the plan. Continental Consulting Limited is a smallscale business enterprise which has decided to use digital technology tools in order to increasetheir productivity and satisfactory level of their clients. This company has decided to use digitaltools, so that they can attract appropriate candidates for their client companies. Digitaltechnological tools such as social media platforms and virtual conferencing helps an organisationin carrying efficient management practices. This company has decided to implement online toolsfor which they have to prepare a business plan which will help in determining costs and timeinvolvement in this process along with scope and quality of their activities (Cheung, 2012).Various aspects of this project management plan is discussed below:Scope of project: In today's scenario, scope of digital technology is significantly wide asit includes various tools which can help an organisation effortlessly promote theirbusiness activities using social tools so that they can attract qualified and suitablecandidates for their clients. By using these tools, this company can diversify theiractivities and services such as they can advertise their company on various social mediaplatforms such as Facebook, Instagram etc. (Pekuri, 2014). Cost: Technology up gradation involves a lot of expenditures and requires hugeinvestments. In order to implement digital tools, companies need to revise their policiesand engage several employees which has suitable skills to perform such kind of tasks.2

Appointing skilled employees and promoting the organisation requires ample of moneyas the operational cost of the entity will rise rapidly. Contributing such cost will result inlong term profitability of the company (Doherty, 2012).Time: Implementing digital tools and upgrading technology of the company is not aneasy task. It requires a lot of time involvement as in order to implement newtechnologies, the above mentioned consulting company has to provide training to theiremployees so that they can get familiar with the new techniques. By contributing ampleof time towards implementation, new technology will help this company in earningprofitability and satisfaction of their clients against services.Communication: Here, communication refers to the interaction between the abovementioned company and the candidates which are considered suitable. In order todevelop efficient project management plan, communication aspect required to becleared. Effective communication will help the organisation in providing clear line oforder and responsibility (Nicholas, 2017). Quality: Quality is the most important element in service industry when it comes topreparing project management plan. Every aspect which can improve the quality ofcompany's services should be included in the plan. Use of digital technology will helpthis consultancy firm in approaching suitable skilled candidates for their clientcompanies which will improve their quality and satisfactory level of their clients(Drucker, 2012). P3 Work breakdown structure and Gantt chart which provide time frames and stages forcompletionWork breakdown structure refers to the decomposition of the work which is done underthe research into manageable sections. The aim of breaking the work of whole research intosmaller segments is to ensure that every segment is executed efficiently. This structure includesvarious steps which are required to be done to conduct the research. Here, the project team ofContinental Consulting Limited has created this project break down in order to identifyfunctional systems. This structure represents various task lists of the activities which are neededto be done and what measures should be considered while performing those tasks. This processwill improve the decision making ability of the company and will provide clear vision about thetasks and targets. The work breakdown structure benefits an organisation by providing an3

opportunity to identify customers' preferences and demands (Duffield, 2015). This procedurewill also assist the company to achieve their primary goal and that is business expansion anddevelopment. Here, the above mentioned company is implementing digital tools in their businessoperations due to which their work structure of the research report is divided into severalsubdivisions which are mentioned below:Main aim and objective if the researchLiterature reviewIssues faced by the companyPurpose of research Selection of target respondentsPreparation of planData analyses and evaluationIn order to conduct a research, it is very important to consider all the above mentionedelements as they have their own importance in the process of research work. ContinentalConsulting Limited is a small scale company which is preparing a plan to implement digitaltechnology tools in their company to compete in the market. In order to develop a effective plan,research has been conducted using primary sources of research. Researcher of this company hasprepared a questionnaire which has few questions regarding impact of digital technology on theirbusiness practices, these questions are asked from around 35 individuals. Respondents wereselected by the organisation by using random sampling method, where researcher got feedbackagainst usage of digital technology (Morris, 2011). Work breakdown structure defines involvement of personnel which helps in carry out theplan. This structure is developed below in order to determine number of employees which willmanage this project:4

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