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Managing Successful Business Projects Assignment PDF
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Added on 2021-01-02
Managing Successful Business Projects Assignment PDF
Added on 2021-01-02
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Managing Successful BusinessProjects
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Devise project aims and objectives for chosen topic.............................................................3P2 Project management plan that covers aspects of cost, scope, time, quality, communication,risk and resources........................................................................................................................4P3 Produce a work breakdown structure and Gantt Chart to provide time- frames and stagesfor completion.............................................................................................................................6TASK 2............................................................................................................................................9P4 Carry out small-scale research by applying qualitative and quantitative research methods..9TASK 3..........................................................................................................................................11P5 Analyse research and data using appropriate tools and techniques.....................................11P6 Recommendation and conclusion of research and data analysis.........................................20TASK 4..........................................................................................................................................21P7 Reflect on the value of research to meet aim.......................................................................21CONCLUSION..............................................................................................................................21REFERENCES..............................................................................................................................22.......................................................................................................................................................23APPENDICES...............................................................................................................................24
INTRODUCTIONDigitalisation stands for using of different digital techniques in day to day commercialactivities. To expand business, it is essential to make changes according to current externalenvironment. There is requirement of some changes in working style which helps in gettingperfection in services. Digitalisation is also part of such change which has become fundamentalfor business. Mobile technology is best of the best way of digitalisation. In mobile technology,there is more use of mobile in communicating within organisation as well as outsideorganisation. E- mail, call facility, text messages etc. are part of mobile technology (Crane andMatten, 2016). There is important role of network to operate mobile technology. 4G, 3G internetfacilities are provided by mobile operators which helps in communicating with peer members.This report is based on Continental Consultancy Limited which provides business consultancyservices to client around London and Greater London. In this report, there is discussion aboutaims, objectives and time frame of project, data gathering, data collection, conclusion andrecommendations. At last, it discuss about usefulness of project in organisational performance. TASK 1P1 Devise project aims and objectives for chosen topicDigitalisation is one of the best component which helps to perform operations in effectiveand efficient way. These days small organisations also give preference to digital technologywhich helps working style easy and comfortable. Mobile technology is important for creatinggood communication channel with external as well as internal parties of organisation.Continental Consultancy Limited provides consultancy services, so with the help of mobiletechnology it is easy to provide on the spot services to clients (Too and Weaver, 2014). Thishelps to provide satisfaction to consumer and ultimately it helps in growth and development oforganisation. There is requirement of various changes in working style of workers, so training srequired in order to learn digital technology properly. Topic: “The impact of digital technology supporting small business growth andinnovation”Background of project: In this project, there is discussion about mobile technologywhich is beneficial for competing with competitors (Fisher, 2011). Technology is upgrading veryfrequently, so manager has to take upgrade system. This helps to get positive impact on
customers satisfaction. As there are many clients of Continental Consultancy Limited havingdifferent problems so with the help of digitalisation it is easy to store data. T make good and longterm are actions with employees, it is essential to come with innovative ideas. Mobile technologyhelps to keep data ready, so manager has access it any time, this helps to reduce waiting time ofclient. These days customer want innovation in services, hence with the help of digitalisation it iseasy to be creative and provide best services. Mobile technology helps to improve quality ofconsultancy services (Garrison and et. al., 2010). Aim: “To evaluate role of mobile technology in business growth and innovation. A case studyof Continental Consultancy Limited.” Objectives:To understand importance of mobile technology in overall performance of ContinentalConsultancy Limited. To analyse requirement of mobile technology in operations of Continental ConsultancyLimited. To determine contribution of mobile technology in growth and implementing innovativeideas at workplace. Research questions:What is the importance of mobile technology in overall performance of ContinentalConsultancy Limited?What is the requirement of mobile technology in operations of Continental ConsultancyLimited?What is the contribution of mobile technology in growth and implementing innovativeideas at workplace?P2 Project management plan that covers aspects of cost, scope, time, quality, communication,risk and resourcesProject management plan is written document which provides appropriate working styleto perform project. This has to be communicated to workers and hence actions are performedaccordingly (Geraldi and Lechter, 2012). In project plan, mainly three things are discussed i.e.activities, task and resources. In order to implement project in effective way, there is requirementof various resources such as software, finance, training etc. This helps to plan related resourcesrequired to implement mobile technology. Some of the aspects are discussed as under-
Scope:- Mobile technology is one of the best element who has wide scope. It is easy foremployees to communicate with each other with the help of e- mail, intranet, business phones,etc. Apart from internal communication, it is convenient to communicate with client also. Asthere are many clients, so it is easy to contact with them which helps organisation to create goodrelations with clients also by employing mobile technology. Hence, there is various opportunitiesand great scope to overall growth and development of Continental Consultancy Limited (Incelli,2013). Cost:- Mobile technology is expensive method because technology are changing veryfrequently. So managers of Continental Consultancy Limited has to upgrade software. In initialstage, implementation cost of digital technology is more. With investing in digital technology,there is high capital returns in form of sales and profits (Trevino and Nelson, 2016). Managers ofcompany has to keep control on flow of funds which helps in performing operations in effectiveand efficient way. Total forecasted budgetParticular 2017-18(£)Promotional expense13000Implementing technology cost7000Advertisement expense2400Training charges1600Catalogues6000Total cost30000Time:- Time is one of the essential component which has to be kept in mind whilemaking project plan. Project plan must be time bound, so it helps to complete research work ontime. To analyse time, Gantt Chart and critical path are effective techniques. According tomanagers of Continental Consultancy Limited, project will complete within 20 weeks. This helpsto make policies within specified time. Risk:- Implementation of mobile technology is risky process. As technology is upgradingwith fast speed (Keller, Parameswaran and Jacob, 2011). So there are possibilities that oldsoftware will become obsolete. It is essential to upgrade technology to compete with externalfactors. Sometimes working with latest technology is not accepted by workers so implementationof new software is wastage of time.
Communication:- Mobile technology has biggest advantage that it helpscommunication. Mobile technology provides ease in communication with external as well asinternal parties of Continental Consultancy Limited. As there are various departments inorganisation such as sales, customer services, production, etc., so, there is requirement of someinformation for working in effective way. Apart from business terms with clients, it is essentialto make familiar terms with customers. Hence, with the help of mobile technology managers areable to greet clients appropriately (Lai and Ong, 2010). Resources:- Employees are one of the essential resource to make proper use of mobiletechnology. There is requirement of financial resources too in order to perform operations inappropriate way. Managers has to be make changes which does not give negative impact onnatural environment of society. With the help project plan, it is easy to use resources in best andoptimal manner. P3 Produce a work breakdown structure and Gantt Chart to provide time- frames and stages forcompletionGantt Chart- Gantt chart is horizontal chart which shows start and end data ofcompletion of project. This helps to perform project operations in specified way. This helps toplan, coordinate, and perform task in appropriate way (Viaene and Van den Bunder, 2011). Ganttchart is constructed in terms of days, months and weeks. Gantt chart helps managers ofContinental Consultancy Limited in order to perform project work in specified manner. There isco-operation between activities performed by employees and hence possibilities of gettingpositive outcome is more (Macintosh and Quattrone, 2010). Below picture of Gantt Chart shows different activities such as development of businessplan, hiring team members, product readiness, market penetration, etc. These activities areperformed within different time period such as business plan will develop in 5 days, team ishired in 9 days, etc. This helps to complete project in efficient manner with propersynchronisation of activities. This provide will complete within 8 weeks.
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