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Managing Successful Business Projects Assignment Solution - Continental Consulting

Added on - 23 Nov 2020

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Managing Successful BusinessProjects
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Objectives and aims of project..........................................................................................3P2 Project Management Plan that covers aspects of cost, scope, time, quality, communication,risk and resources...................................................................................................................5P3 Work breakdown structure and Gantt chart to provide time-frame and stages.................7TASK 2..........................................................................................................................................10P4 Small scale research by applying qualitative and quantitative research methods...........10TASK 3..........................................................................................................................................12P5 Examine of research information with right tools and techniques..................................12P6 Recommendations for research and data analysis to draw conclusions..........................20TASK 4..........................................................................................................................................21P7 Reflect value of undertaking research to meet stated objectives and own learning........21CONCLUSION..............................................................................................................................22REFERENCES..............................................................................................................................23APPENDIX....................................................................................................................................24
INTRODUCTIONDigital Technologyhelps in effective business in terms of development and success ofbusiness in competitive era. This consists of transformation of working procedures,organisational culture and system for reduction of wastage and production time. The use ofdigital technology helps firm to gain competitive edge through production of innovative and newgoods and services in best manner (Alvarez-Jimenez and et. al., 2014). Social media is aspect ofdigital technology which enable organisation to reach large number of consumers within shortperiod of time. The given assignment is based on Continental Consulting Limited that works asresearch and consultancy firm.The important activity ofthis company isconcern aboutprocedure ofre-engineering of small and medium manufacturing organisations that aresituatedin London. The main objective behind preparation of report is to analyse impact of digitaltechnology for supporting small business innovation and growth. The CEO works with 22 expertresearchers and consultants. It helps in upgrading use of IT and providing innovation toorganisation and increasing their capabilities to maximum. It highlights about objectives, aimsand project management plan including cost, time, quality, communication. In addition to thus,work breakdown structure and Gantt chart, methods, tools, techniques and proper conclusion areincluded in report.TASK 1P1 Objectives and aims of projectIn era of modernisation,there is increase inimprovement of applicationthat issituatinginmarketplacefor running business effectively and efficiently. It is very necessary fororganisation to have proper execution of operations of business in innovative and creativemanner with use of digital technology.Continental Consulting Limited is small enterprise whichneed to implement sufficient tools and techniques in order to provide their service related withre-engineering and process to small and medium organisations. The use of latest and updatedtechnology helps them to increase their re-engineering process for organisations in order toincrease sales and profit in competitive market (Brown and Green, 2012).The digital technologysuch asmobile technology and social media are used by service users.This helps in connectingbusiness to national and international market in effective and easy manner.In order to adopt suchtechnologies in organisation, it is very important to do proper research and execute accordingly.
The top manager should establish competitive advantage against rivalry for sustaining profit andgain in market.The present assignmentfocused on Continental Consulting Limitedthatis BusinessConsultancy and researchconcern. The CEO of this firm is Mario Bindas who handle all worksof organisation. The main work ofContinental Consulting Limited is to provide BusinessProcess Re-engineering to their potential clients such as small medium manufacturing companieslocated in London.Mario is currently working with 22 members team who are expert in researchand consulting. There are skilled employees who assist CEO for implementing latest technologyin system. In order to cope up with impact,Continental Consulting Limited should use updatedand latest digitalisation in their firm.This help them to build effective system from theircompetitors.By implementing such technology does not provide profits to firm then manager hasto upgrade their process and system. Here, mobile technology and social media helps inproviding benefits to staff and workers for interaction and maintaining relationship with theirconsumers.Topic'The impact of digital technology supporting small business growth and innovation”Background of ResearchAll small as well as large corporation uses social media and mobile technology forinforming public and consumers about goods and services. There are various departments whichconduct business activities in order to provide products and services to their customers. Mobiletechnology help manager to maintain connection and relationship with workers and employees(Evans, 2014). All employees working in organisation should be aware of tasks to be performedfor timely accomplishment of goal and objectives. These both techniques are used bymanagement for creating awareness among consumer regarding goods and services produced bythem. This tools can help for interaction for identifying demands and requirements. Through this,top manager can create long term relationship with consumers that is beneficial for organisation.The respective organisation has service user clients such as small and medium organisation foradopting digital technology in their business to get effective outcome.Research AimTo identify the effectiveness of social media sites in order to build direct connection withservice user. A case study on Continental Consulting Limited.
Research ObjectivesTo analyse the concept of Social media.To identify the impact of social media on service users.To ascertain the effectiveness of social media in order to develop direct connection withsmall and medium organisations.Research QuestionsQ1. What is the concept of social media?Q2. What are the impact of social media on service users?Q3. What is the effectiveness of social media for developing direct connection with customers?P2 Project Management Plan that covers aspects of cost, scope, time, quality, communication,risk and resourcesProject Management Plan (PMP) is approved,structureddocumentwhichdemonstrateshow project iscontrolled, monitored and executed.This is detailed or summary document thatincludes subsidiary management plans, baselines and other planning work. PMP document helpsin defining approach that project team takes for delivering scope of project. This plan is used forreferencing in order to take decisions that isbased on various task.While doing investigation inparticularsubjector adoptingfresh technologiesin organisation, it is necessary for organisationtochange PMP which includes various components such as quality, time period, project scope,cost, resources, risk and others.In order to implement digital technologies inContinental Consulting Limited, themanager should prepare proper project management plan. This helps in conducting variousactivities that is related to implementation of technologies in organisation such as use of mobiletechniques and social media for connection with consumers in effective manner. There arevarious risk involved in such process while implementing technologies where measures can betaken to reduce it. Some of important component for project management plan are describedbelow:Cost- It is the cost which is incurred for implementing project in business (Farman,2013).For conducting various task to evaluate effect of digital technology on firm, the employerand manager of Continental Consulting Limited should place sufficient sum of money insystematized manner. In order to implement new technology in organisation various cost are
occurred such as installation, purchase and others. In order to know about cost estimation,manager of respective organisation need to make rough budget for better results.ParticularAmountInitial Investment100000Expenses:Operational ActivitiesR&D ActivitiesCost to IT ExpertsLicensing FeeMaintenance240001000018000800010000Closing Value22000Scope- The scope of this research project is to know about impact of digital technologyfor supporting small business innovation and growth. Through this firm can know about bothpositive and negative impact of technology in business. For knowing impact, qualitative andquantitative methods has used where qualitative focus on value and quality of research workrather than outcomes and quantitative focus on completion without maintaining quality. In orderto get effective outcome, qualitative method should be used.Time- It is responsibility of manager of organisation to complete assign project withingive time period.For better project plan,it is very essential for researcher to ensure about eachand every activity that should be accomplished on specified period of time (Gikas and Grant,2013). For knowing about impact of globalisation on small business organisation, project makerrequires 3 to 4 months and similarly, respective organisation requires 2 to 3 moths.Quality- It is the most important component of project management plan. Theinvestigators is liable for maintaining quality of project.In order to maintain quality of projectwork, project manager need to monitor each and every activities to avoid failure. This qualitycan be achieved by using qualitative research method in business for effective outcome.Therefore, it can help in providing recommendation to Continental Consulting Limited formoving towards to digital technology.Communication- It is important for manager and worker to have proper channel ofcommunication for sharing data and information within organisation. Through this team
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