P5 Analysing data and research by using techniques and tools
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Added on 2021-01-02
P5 Analysing data and research by using techniques and tools
Added on 2021-01-02
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Managing Successful BusinessProjects
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Project aims and objectives....................................................................................................1P2 Prepare a project management plan.......................................................................................3P3 Gantt chart and Work breakdown structure to provide stages and time frames....................4TASK 2............................................................................................................................................6P4 Small scale research by implementing quantitative and qualitative research methodologies.....................................................................................................................................................6TASK 3............................................................................................................................................8P5 Analysing data and research by using techniques and tools..................................................8P6 Recommendation for valid conclusions...............................................................................19TASK 4..........................................................................................................................................19P7 Self reflection.......................................................................................................................19CONCLUSION................................................................................................................................1REFERENCES................................................................................................................................2
INTRODUCTIONDigital technology is used by businesses for developing new value in internalcapabilities, buyers experience and business models which assist its core operations (Alvarez-Jimenez and et. al., 2014). This will aid in transforming enterprise operations and activities in anproper way. Digital technology is branch of scientific knowledge which help in dealing withpractical and developing of digital methods, systems and so on. It involve all types of electronicequipments and applications which use numeric data information. Continental ConsultingLimited works on enterprise Re-engineering Process as well as potential buyers which consistssmall and medium size manufacturing firm situated in London. They are upgrading their systemfor building strong relations within their clients. In this assignment it involve objectives and aim of project. It also prepare a plan ofproject management which involve several aspects like as resources, quality, time and cost whichare discussed in this report. In this, conduct a small scale research by adopting quantitative andqualitative methods of investigation for achieving aims and objectives of project. TASK 1P1 Project aims and objectivesIn current era, execution of digital technology is very useful as well as important intransforming enterprise. Digitalization has modified the living standard of people and way ofworking by using latest technology it will help in accomplish their work within given period oftime. Organisation can grow their business by upgrading their system in order to enhance strongrelations with their clients. In this, there are various latest technologies like artificial intelligence,social media, mobile technology and many more (Brownand Green, 2012). These assist inenhancing efficiency as well as effectiveness of an enterprise form and its InformationTechnology operations. In present competitive market, there is requirement of using latesttechnology to enable manpower and engage buyers. By adopting digital technology, companycan accomplish their business activities within span of time. It improve employees effectivenessand engage higher number of buyers towards firms within the market. Additionally, upgradationsare important in order to maintain competitiveness and achieve performance objectives withinorganisation. As mobile technology and social media is very much beneficial for small and largeorganisations. These tools will aid management to make connection with international as well as1
national buyers in a very easy way. But, it is important to conduct research and make reportbefore using any technology. Topic: “The impact of digital technology supporting small business growth and innovation”.BackgroundLarge as well as small companies are using social media and mobile technology in orderto provide information about their services and products to clients. In a firm, there are variousdivisions which are organising enterprise activities for giving effective goods and services tobuyers. Under this, social media aid top authority to attract higher numbers of consumerstowards the organisation (Evans, 2014). Employees are informed about work that need toaccomplish by themselves in order to achieve enterprise objectives. These techniques are adoptby management of Continental Consulting Limited to inform about their services to clients.These tools assist in finding out needs and wants of their buyers in order to satisfy them in aneffective way. It also help in maintaining long term relations with buyers which is very helpfulfor organisation. Continental Consulting Limited is an research and business consultancy organisation.CEO of this firm is Mario Bindas. Its main business is of process re-engineering for theirpotential buyers which are medium and small manufacturing organisation. For this company isusing social media and mobile technology in order to attract large numbers of clients towardstheir firm. Aim: “To determine how social media tools help in building strong relationship with clientsacross the globe”ObjectivesTo identify importance of social media tools for Continental Consulting LtdTo determine the factors which help in maintaining strong relationship with clients To evaluate the relationship between social media tools and retaining satisfied clientsResearch question What are the importance of social media tools for Continental Consulting Ltd?How to determine factor which help in maintaining strong relationship with clients?How to evaluate the relationship between social media tools and retaining satisfiedclients? 2
P2 Prepare a project management plan Project management plan is an formal documents which is adopted by supervisor whileexecuting activities of project. Its main purpose of making project is to find out that how projectis monitored and controlled in order to accomplish all the activities of research. It will assist in achieving set outcomes in an appropriate way. Through executing projectmanagement plan it will eliminate the chances of arising problems at the time of performingactivities (The Project Management Plan (PMP), 2015). It include several elements like quality,scope, time, cost, risk and communication. This will assist manager to accomplish their projectplan in an proper manner. Hence, it is necessary for project supervisor to develop an proper planand follow it accordingly. Through this Continental Consulting Ltd will improve its level of productivity along withthis it also make a positive brand image within market. Some of necessary factors involve bysupervisor of Continental Consulting Limited which are given below:Scope: In this, introducing latest technology in enterprise bring fast changes which gaveimpact in a negative or positive way. It will gave affect on operational activities andworking system of the business. Thus, it is important for Continental Consulting Ltd toassess the use of mobile technology and social media within enterprise. In this, projectscope show all certain activities which help supervisor in an effective way. Time: In order to increasing project efficiencies, it is important that each activity shouldbe accomplished within a time period. If any type of failure will take place then it willgave affect to other activities. It will take more time and funds as well. In this,Continental Consulting Limited need to conduct a research in order to know whichtechnology will be more appropriate. This will help in accomplishing project plan in aneffective way (Farman, 2013). Hence, social media and mobile technology will beadopted by company properly which take 3 Months for completing a project successfully.Cost: This element is very much important for every organisation for making a projectplan successful. Every firm need proper funds to execute all the activities in anappropriate manner. In small organisation, to transform digital technology in enterprisethey need to raise funds in an effective way. In this, Continental Consulting Ltd make abudget of 630 pounds in order to execute project activities successfully. 3
Quality: In this factor, every company mainly focus on quality of providing serviceswithout this researcher is not able to achieve set outcome within the time period. Ifresearcher fails to maintain quality of services of social media and mobile technologythen it will affect the profits of Continental Consulting Ltd. Communication:In this factor, it is essential for project supervisor to adopt properchannel of communication to interact with their employees and given them effectiveinformation of the project. Continental Consulting Ltd manager is using social media andmobile technology in order to interact with their clients frequently. It will help inaccomplishing all the activities in an appropriate manner.Risk: Every project involve certain risk which gave negative impact on entire activities ofproject. Hence, it is essential responsibility of supervisor to concentrate on every activityin order to eliminate risk in the project (Gikasand Grant, 2013). It will help in achievingproper results. Risk of project will be very high if manager of Continental Consulting Ltdwill not adopt appropriate technology within their business. P3 Gantt chart and Work breakdown structure to provide stages and time framesWork breakdown structure is a tool that organisation adopt to explain the factor ofdiscrete work in an appropriate way which evaluate to conduct a scope of work. It is a type ofhierarchical structure which bound project as well as break them in small parts. This tool isuseful in giving requited structure in order to estimate its cost as well as control in an effectiveway. It will help in providing better direction and guidance for controlling as well as preparingschedule. If project activities will distributed in small parts then it will help workers toaccomplish their project without any problems. It will help in improving level of performance.Main aim of Work breakdown structure is to decrease all complex activities which gaveinfluence on work (Verma,Stock and McCarthy, 2012). In term to this, it is important for projectsupervisor to oversee work over activities properly as compare to complicated activities, it isimportant that work should be measurable and independent in an appropriate way. 4
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