(Solved) Managing Successful Business Projects - Assignment

Added on - Nov 2020

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Managing Successful Business
Projects
Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Devise project aims and objectives for thechosen topic as specified above in the project
brief........................................................................................................................................3
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and resources.......................................................................................4
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion........................................................................................................................6
TASK 2............................................................................................................................................9
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives..............................................................9
TASK 3............................................................................................................................................2
P5. Analyse research and data using appropriate tools and techniques.................................2
TASK 4..........................................................................................................................................11
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...............................................................................11
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance...................................................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
APPENDICES...............................................................................................................................16
INTRODUCTION
Digitalisation means conversion of information in digital form. In digitalisation various
communication channel such as mobile, social media, etc. are included. Digitisation is best for
development of business organisation. So it is essential, to make changes which are effective and
development of business. As there are many changes taking place in digital technology, so this is
effective for development of business. In mobile technology, cellular phone, 4G, 3G internet, etc.
are included. To operate mobile technology in effective way, there is requirement of internet
connection which helps to work in effective way(Crane and Matten, 2016). This report is based
on Continental Consulting Limited which provide consultancy services for business purposes,
etc. Managers are thinking to upgrade their digital techniques which helps to perform business
operations in effective and efficient way. In this report there is discussion about objectives, aim
and time frame of research, data collection, generating information, recommendations and
conclusions, sustainable organisational performance.
TASK 1
P1 Devise project aims and objectives for the chosen topic as specified above in the project brief
Business has some goals and objectives for which they are working. It is essential to
comewithtechniqueswhichareeffectiveandsignificantfororganisationalgrowthand
development.Continental Consulting Limited is thinking to improve their IT techniques which
help them to perform business operations easily and in effective manner. Research is performed
to know what changes are effective and significant for growth of business(Keller, Parameswaran
and Jacob, 2011). With up-gradation of digital technology, it is easy to provide services. Mobile
technology helps to keep data handy and provide satisfaction to customers. Mobile technology is
one of the most famous technique which helps clients to operate on phone and problem can be
filed frequently. It is easy to expand business in different parts of company.
As per case of Continental Consulting Limited, mangers are thinking to use new
techniques which helps them in achieving targets(Garrison and et. al., 2010). Due to use of old
technique, this affects customer satisfaction and there is lack in quality of consultancy services.
So managers of Continental Consulting Limited are thinking to launch online application which
helps to resolve problem of customers at their doorstep. It is easy for Continental Consulting
Limited to market their brand through digital techniques. There are possibilities to make workers
aware of some techniques which are effective and significant for organisational growth and
development. As there are many competitors, so it is essential to upgrade their technology. There
are many sources of marketing product and services such as Instagram, Facebook, etc. This gives
positive impact on business also.
Topic:Impact of digital technology supporting small business growth and innovation with the
help of mobile technology.
Background of project:In this researchContinental Consulting Limited managers are working
to come with latest technology which are effective and significant for growth. To develop mobile
technology an application is launched(Geraldi and Lechter, 2012). This application can be
operated with the help of internet which is beneficial in market growth. Manager of Continental
Consultancy Limited has to plan training program which helps to provide satisfactory solution to
customers.
Aim:“The impact of digital technology supporting small business growth and innovation”.
Objectives:
To analyse implementation of mobile technology is beneficial for company or not.
To understand significance of mobile technology in day to day activities of business at
Continental Consultancy Limited.ToascertainvariousresourcesrequiredbyContinentalConsultancyLimitedto
implement mobile technology.
Research questions:
Q1) Does the implementation of mobile technology are beneficial for Continental Consultancy
Limited growth and development?
Q2) What is the significance of applying mobile application to the company?
Q3)What are the various resource required by Continental Consultancy Limited to implement
mobile technology?
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and resources
The project management plan refers to a formal document which is used to manage a
proper execution project(Incelli, 2013). It is a method for communicating the procedure to
execute, monitor and close the project and is consists of three things such as activities, tasks and
resources.Themajorresponsibilityofprojectmanageristocreateaneffectiveproject
management plan which includes elements such as cost, risk, time etc., as these are very essential
for the completion of project effectively. Following are some major components that are required
to prepare project management plan:
Scope:Every organisation have some scope whether it is small or large which help firm
in achieving their goals and objectives by providing directions within the specified period
of time. Mobile technology which involves CDMA technology, provides a platform
where number of transmitters send data at the same time on single channel. This help
Continental Consulting Ltd in achieving their objectives effectively(Lai and Ong, 2010).
Thus the major scope of executing mobile technology is that it supports in developing all
the required components related with production, distribution, promotion, expansion etc.
Cost:It is regarded as a most essential component which must be consider by the
company for performing operations in a most efficient manner. On fundamental stage
generally large amount of capital is required for developing the knowledge and skills of
workforce(Tooand Weaver, 2014). The Continental Consulting Limited put more
emphases on managing the capital and flow of fund for improving the performance. An
estimated budget of company is as follows:
Total forecasted budget
Particular2017-18(£)
Promotional expense15000
Implementing technology cost5000
Advertisement expense2500
Training charges1500
Catalogues5500
Total cost29500
Time:It is one of the most essential factor of project and indicate the time taken by
project to complete in most efficient manner(Macintosh and Quattrone, 2010). Time
frame is used to prioritizing the tasks according to time assigned to them.Continental
Consulting Limited uses critical path approach for this which provides accurate data
related to the activities involve in project and their required time and as per assumption
12 weeks required in order to complete the project.
Risk:The responsibility ofContinental Consulting Limited's manager is to analyse the
situationto identify the risk factors such as inadequate capital and fund, employees
support etc. that may arise during implementation of mobile technology.
Communication:It is very essential for establishing a coordination and collaboration
among workforce(Marston and et. al., 2011). Hence, the manager of Continental
Consulting Limited must try to build up an effective communication channel for bringing
coordination among employees to achieve efficiency in operation
Resources:It is also one of the major element which is necessary for performing
operations effectively. The manager of Continental Consulting Limited must ensure that
resource is utilized properly to reach final result and they must maintain appropriate flow
of resources such as financial, human and knowledgeable employees for achieving
competitive edge within market place(Trevino and Nelson, 2016).
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes and stages for
completion
There is requirement of proper planning which helps to launch mobile application
properly. It is not one - night process to implement mobile application. Managers ofContinental
Consultancy Limited has to select appropriate time to accomplish every activity. Gantt chart and
Work breakdown structure are two essential components which are effective for completion of
task in effective and efficient way.
Gantt Chart-Gantt chart is one of the essential component which helps to perform
business operations in appropriate way. This helps to make proper planning which provides
guidance to workers and actions are performed accordingly(Ryan and Campbell, 2012). As there
is difference in working style of workers, sowith the help of Gantt Chart it is easy to work in
synchronize manner.Gantt Chart helps to perform researchwork in pre-determined time. Gantt
chart is prepared by Continental Consultancy Limited.
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