Managing Successful Business Projects
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Added on 2020-10-22
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Managing Successful Business Projects INTRODUCTION 1 TASK 11 P1 Devise project aims and objectives1 P2 Produce project management plan that covers aspects of cost, scope, time, quality, communication, risk, and resources 3 P3 Produce a work breakdown of project structure and a Gantt chart to provide time frames and stages4 TASK 26 P4 Carry out small-scale research by applying qualitative and quantitative research methods 6 TASK 38 P5 Analyse research and data using appropriate tools and techniques
Managing Successful Business Projects
Added on 2020-10-22
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Managing SuccessfulBusiness Projects
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Devise project aims and objectives........................................................................................1P2 Produce project management plan that covers aspects of cost, scope, time, quality,communication, risk, and resources............................................................................................3P3 Produce a work breakdown structure and a Gantt chart to provide time frames and stages.4TASK 2............................................................................................................................................6P4 Carry out small-scale research by applying qualitative and quantitative research methods..6TASK 3............................................................................................................................................8P5 Analyse research and data using appropriate tools and techniques.......................................8P6 Communicate appropriate recommendations as result of research and data analysis.........11TASK 4..........................................................................................................................................12P7 Reflect value of undertaking research to meet objectives...................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14APPENDIX....................................................................................................................................15
INTRODUCTIONDigitalisation at work place means performing business operations with use with use ofdigital technology. It helps to convert paper work with digital-work using computer and internet.Small business can be termed those associations which has less than 50 employees and operateswithin specified geographical region. Digital technology can be effectively applied at work placewith the help of employees' engagement and training. Digitisation is the stream in which changesare taking place in rapid speed. It has become curial for an organisation to employ digitaltechnology in regard of functioning operations as per market demand.The report has undertaken Continental Consulting Limited which deals in consultancysector. The organisation is thinking to adapt Cloud technology in order to update obsoletetechnologies and management system of organisation (Ajmal, Helo and Kekäle, 2010). Cloudtechnology is helpful for storing and transferring data. In this report, there is discussion aboutproject aims, objectives, small scale research, information and data collection to draw a validrecommendations based on research and at last reflection regarding meaningful research. TASK 1P1 Devise project aims and objectivesDigitalisation is rapidly changing the way of trading in commercial sector in present era.In digitalisation, there is use of digital technology which helps to perform work frequently andeffectively. Use of digital technology affects working style because there is use of computer,internet, software etc. so this gives more perfection to commercial operations. Cloud technologyis part of digital technology through which working of Continental Consulting Limited gets moreconvenient. Cloud technology provides ease in working style in sharing and storing of data.There are various departments in Continental Consulting Limited such as research, marketing,customer services etc. and cloud technology can assist in administrating practices and storingdata. For instance, if some query arises by client to customer service department, then theycontact to research department by sharing data of client. Hence in this case, cloud technologyprovides ease in sharing and storing data (Eckerson, 2010). It aids in easy management andstoring data in synchronize manner. Title of projectImpact of cloud technology supporting small business growth and innovation. A casestudy on Continental Consulting Limited.1
Background of projectContinental Consulting Limited is the organisation which deals in providing consultancyservices. Managers of Continental Consulting Limited think that there working style is obsoleteand hence they want to apply digital technology at work place. Cloud technology is used as perof digital technology which helps them to share and storing of data related to client. It is essentialthat managers has to use plan activities properly through which they can accomplish their targets.There is change in working style so it is essential to interact with workers. Digital technologycan be applied in business operations with employee's participation. There are possibilities thatmanagers has to alter their decisions in order to perform business operations in effective manner. There is requirement of resources such as professional knowledge, cost, time, etc. whichhelps in applying digital technology in effective manner (Freeman, 2010). Alterations in digitaltechnology is taking place with rapid speed, so it is important for managers of ContinentalConsulting Limited to provide training to workers and upgrade their software. This helps them tobe in competition with other firms. Aim of projectTo analyse impact of cloud technology in process optimization and growth of smallbusiness. A case study of Continental Consulting Limited. ObjectivesTo understand concept of cloud technology. To identify the role of cloud technology in optimizing process of Continental ConsultingLimited. To assess the impact of cloud technology in process optimisation and development ofContinental Consulting Limited.QuestionsWhat is the concept of cloud technology?What role does cloud technology plays in optimizing process at Continental ConsultingLimited?What is the impact of cloud technology in process optimisation and development ofContinental Consulting Limited?2
P2 Produce project management plan that covers aspects of cost, scope, time, quality,communication, risk, and resourcesProject management plan is document which is legal and authenticate in order to performresearch activities in determined and defined manner to get positive result. This document helpsin planning, coordinating research activities in synchronize manner and aid project to starts andcompletes on time (Kerzner and Kerzner, 2017). There are some components such as quality,scope, resources, etc. which has to be considered in project management plan which helps inmanaging operations and applying digitalisation in effective manner. Cost- Cost is one of the important component while performing research operations.There is requirement of computers, research activities etc. which is important in performingresearch activities. There is cost incurred in operating business operations, maintenance, IT cosetc. So with the help of project management plan, researcher can analyse cost whileimplementing cloud technology at Continental Consulting Limited. It is requisite to identify theexpected expenses and set a budget amount. One of the main feature of implementing cloudtechnology is that it makes the storage and transfer of data easy and at the same time reducepaper work. Training might be required to perform operations in effective and appropriate way. BasisAmount (£)Operational activities250Research and development100IT Cost 150Marketing cost40Maintenance cost160Total700Scope- Scope of digital technology is much wider as compared to other components.These days with the help of digitalisation, business operations can be performed in effective andefficient manner. While at the same time, it helps employees to work according to current markettrend. When Continental Consulting Limited work with cloud technology, then there is ease instoring and transferring data (Meredith and Mantel Jr, 2011). This helps to provide appropriatesolution to customers related to their query. With digital technology, data handling is easy and itcan be accessed anywhere. It increases growth prospects for organisation. Time- Time is also discussed in project management plan. Time required by researcher inimplementing cloud technology is discussed. Continental Consulting Limited requires 62 days.3
In order to implement cloud technology at Continental Consulting Limited. Implementation ofcloud technology is quite a long procedure which require numerous practices to undertakenincluding designing, managing funds, analysing activities etc. Cloud technology helps to storedata for longer time and it can be accessed at any point of time. This provides ease in workingstyle to employees of Continental Consulting Limited.Quality- Quality is important in service sector. As Continental Consulting Limited dealsin management consultancy services, so it is very important for enterprise to provide solutions itsclients. There is difference in queries of consumers hence, this is essential for organisation toprovide best solution to consumer. With the help of cloud technology, data is stored insynchronized manner and there is no confusion in delivering data. In order to identify quality ofproject activities, different techniques such as benchmarking, Pareto diagram, etc. can be usedthat can help to get positive outcome at last (Meskendahl, 2010). Communication- With the help of cloud technology, it will be easier for department tocommunicate. It eases in sharing data among departments and provide appropriate solution as perproblem of client. Project management plan provides knowledge about techniques ofcommunication among researchers through using numerous communication tools such as mail,video conferring, etc. Risk- Risk means possibilities of non-happening or non- occurrence of event. As perchange in market trends, there are possibilities that digital technology may alter. In this case,managers of Continental Consulting Limited must alter their software. To deal with the risk,managers can set standards and can use different tools to encourage employees to work well socompany can achieve set objectives.Resources- Apart from above discussed components, there is requirement of someresources such as employees, computer system, software, professional person etc. through whichresearch work can be done in effective and improved manner. P3 Produce a work breakdown structure and a Gantt chart to provide time frames and stagesWork breakdown structure- Work breakdown structure is pictorial description of taskwhich has to be undertaken in order to complete task. This is hierarchy structure which providesknowledge about distribution of project activities among department. Project activities involveproject aims and objectives, data analysis, data collection, data sampling etc. that are distributedamong different team. Work break down structure helps to distribute and organise project4
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