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Managing Successful Business Projects | Desklib

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Added on  2023-02-03

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This document provides insights into managing successful business projects, including devising project aims and objectives, producing a project management plan, and carrying out small-scale research. It also includes a work breakdown structure and a Gantt chart for time frames and stages of completion. The research methods discussed include qualitative and quantitative research. The findings and data are presented using appropriate tools and techniques.

Managing Successful Business Projects | Desklib

   Added on 2023-02-03

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Managing Successful Business Projects | Desklib_1
Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Devise project aims and objectives for a chosen scenario................................................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 time frames and stages
for completion........................................................................................................................6
TASK 2............................................................................................................................................8
P4 Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives..............................................................8
TASK 3..........................................................................................................................................11
P5 Present findings and data using appropriate tools and techniques..................................11
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...............................................................................19
TASK 4..........................................................................................................................................19
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance...................................................................................................................19
CONCLUSION..............................................................................................................................20
REFRENCES.................................................................................................................................21
APPENDIX....................................................................................................................................22
Log Book..............................................................................................................................22
Performance Review............................................................................................................25
Managing Successful Business Projects | Desklib_2
INTRODUCTION
Digital technology is defines as electronic tools, device, system or resources which are
used by a company in order to produce, store and process the data, informations and statistics. In
today's time digital technology are used by almost each and every sectors such as agriculture,
business, education, medical and many more (Awais and Manzoor, 2011). Some of the major
sources which are consider as method of digital technology are social media, online sites, mobile
phone and many others. Organisation which is taken for this research is Continental Consulting
Limited which is headed by its CEO i.e. Mario Bindas. Its main objective is to re engineering
business process for the small and medium manufacturing companies which are located at
London as well as Greater London. This report or research will include several topics which are
aim and objective of research, project management plan which help researcher and organisation
in planning and it will also include Gantt chart and Work breakdown structure in order to
evaluate time duration. Along with this it will also include the number of data collection methods
and their evaluation as well as interpretation. This will also include reflection as well as
recommendation in the perspective of researcher.
TASK 1
P1 Devise project aims and objectives for a chosen scenario.
Aim:
“To identify impact of digital technology supporting to small business their growth and
innovation.” A study on Continental Consulting Ltd.
Objectives:
To identify the concept of digitalization.
To ascertain advantages and disadvantages of implementing digital technology in a firm.
To analyse how digital technology supporting to small business their growth and
innovation.
Questions:
What is the concept of digitalization?
What are the advantages and disadvantages of implementing digital technology in a firm?
How digital technology supporting to small business their growth and innovation?
Managing Successful Business Projects | Desklib_3
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
Project management plan is a formal written document that helps to define the various
phases of the project which helps in execution, monitoring and controlling the activities. It helps
in assigning the order to different activities (Bakker and et. al., 2011). Also it determines how
outcomes can be achieved who will be involved, how the performance will be measured and
communicated. While preparing the plan various aspects are considered such as cost, scope,
quality, communication, resources and risk. These aspects are discussed for organisation and the
researcher both, which are mentioned below:-
Basis For Organisation For Researcher
Cost The estimated cost that will be
required by Continental Consulting
Limited to implement the strategies
recommended by the researcher will
be £ 520. This cost is associated with
the adaptation of digital technology at
the workplace.
The cost that will be borne by the
researcher while undertaking the
researcher is £ 7120. This cost is
associated with the data collection,
stipend to the student who were taken
in the team for conducting research.
Scope The scope for this project is large for
the organisation as it will help the
respective organisation to improve
their technology of conducting work
by adopting digital technology. Also
it will help the Continental
Consulting Limited to improve the
efficiency of the employees as well as
it will also enhance their quality of
work.
Researcher who will undertake the
research has to develop a greater
understanding of various digital
technology which will help them in
conducting research in more effective
manner (Basu, 2014).
Time The time that will be consumed by
the HR managers of Continental
Consulting Limited for implementing
The time duration which was required
by researcher for gathering more
effective as well as essential data and
Managing Successful Business Projects | Desklib_4
digital technology at the workplace
are approx 45 days.
information is approx 3 months. This
is so because they gather data by
developing questionnaire which will
take huge time.
Quality It is define as method according to
which company need to maintain
quality of the project (Geraldi and
Lechter, 2012). In respect of this
Continental Consulting Limited may
conduct evaluation on each and every
stage so that they can adopt proper
digital technology techniques.
In order to maintain quality of
information and data which are
collected by researcher, they may
adopt proper research techniques as
well as they must also conduct
evaluation at each phase of gathering
data.
Communication In order to communicate information
about the research at Continental
Consulting Limited their management
may conduct meeting or conference
with all staffs. Through this they able
to communicate about digital
technology in more effective manner.
In respect of researcher for
communicate about the research they
may use different method like post on
social media, web page, mail to
members and many others. Through
this they able to communicate about
the research aim and objective in
effective manner.
Risk The risk which are associated with
research or implementation of digital
technology are employees are
inexperienced, unskilled and many
others. Along with this they may also
faced risk related to investors,
stakeholders and so on.
In respect of researcher, risk which
are associated are budget issues, time
duration, inappropriate respondents
and so on.
Resources Resources which are required to for
implementing digital technology at
workplace are funds, time duration,
Resources which are required by
researcher for conducting research are
skilled and experienced team
Managing Successful Business Projects | Desklib_5
skilled labour and many more. members, funds, time, proper
respondents and so on (Hall, 2011).
P3 Produce a work breakdown structure and a Gantt chart to provide time frames and stages for
completion.
Work breakdown structure
Work breakdown structure is a method that helps in getting complex project done on time
by dividing the project into small manageable tasks or activities. Breaking the project into
smaller portions will help to get work done by different teams simultaneously which will
improve the team, productivity. All the task or activities which are to be done is presented in a
flowchart in hierarchy so that those activities can be done simultaneously can be identified. It
also make activities assignable to different people as per their capabilities. The researcher will
prepare WBS to break his work into manageable tasks so that it can be completed on time
(Harish and Kumar, 2014).
Gantt Chart
Gantt Chart is a type of bar chart that help to schedule the activities so that they can be
completed on time. It allot a time period within which the particular activity should be
completed. Gantt chart helps in tracking the activities and performances thus it helps the
manager to completed the task without delays. On the vertical scale the activities are taken while
Managing Successful Business Projects | Desklib_6

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