Managing Successfully Business Projects

Added on - 04 Jun 2020

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MANAGING SUCCESSFULLYBUSINESS PROJECT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1...........................................................................................................................................1P1 Construct the aim and objective for the research study.........................................................1P2 Design the project management plan that covers cost, scope, quality and communicationfor the research project................................................................................................................2P3 Construct the work break down structure and Gantt chart....................................................4TASK 2............................................................................................................................................6P4 Carry out small scale research by applying qualitative and quantitative research methodsfor attain project aim and objective.............................................................................................6TASK 3............................................................................................................................................8P5 Analysis of the research and data using appropriate tools and technique for research project.....................................................................................................................................................8P6 Appropriate recommendation as a result of research and data analysis..............................13TASK 4..........................................................................................................................................14P7 Reflect on the value of undertaking the research to meet stated objective and own learningand performance........................................................................................................................14REFERENCES..............................................................................................................................15
INTRODUCTIONTechnology plays a very essential role in the present time as everyone either human beingor an organisation are directly and indirectly connected with technology. In the business context,technology have huge significanceby which firm can improve business activities and functions.In today's time, there are various kinds of digital technologies used by the corporation insurviving its business operation and gain effective profitability and productivity. Variousactivities within the company require digital technology such as administration, communication,storage, distribution, production etc (Aaker, 2011). The aim of present research project is toanalyse the influence of digital technology on the small business growth and innovation.Researcher desires to determine the impact of digital technology on the small business growthand innovation. Furthermore, the ways in which these small business enterprises are takingadvantage of implementing digital platform into operations are also covered under the study.Thus, for attaining this objective, scholar has focused on various approaches and methods ofresearch methodologies. Black Penny restaurant has been selected for this research study whichis a small business enterprise in the UK.TASK 1P1 Construct the aim and objective for the research studyIn order to survive and sustain in the competitive business environment, firm is requiredto adopt such impressive tools and strategy which gives effective success and growth to thebusiness. In this manner, digital platform is one of the significant channels which can boost upthe performance of company. Apart from that, by implementing digital technology in thebusiness operation, company can also save its additional cost and expenditure. Firm can createthe digital business operation by use of various sources such as internet, laptop, computers,mobile phone, smart phones etc. With assistance of using these platform of digital technology,company can bring the innovation because procedure of business can become easy as well as fastas compared to the traditional system. The major aim of the present study is to determine theimplication of digital technology in the business operation for growth and innovation withrespect of Black Penny restaurant in the UK.1
Aim of the ResearchTo determine the impact of digital technology for enhancing growth and innovation within thesmall business enterprise: A case study of Black Penny restaurant UKObjective of the researchTo understand digital technology meaning and conceptTo explore the role of digital technology in bringing innovation in the small business enterpriseTo interpret the relationship between digital technology and growth of small business enterpriseTo recommendthe strategy through innovation and growth of business can enhanceResearch QuestionsWhat is the meaning of digital technology?What are significance of digital technology in improving growth and innovation in the smallbusiness enterpriseHow digital technology can assist to small business enterprise in improving its success andgrowth?P2 Design the project management plan that covers cost, scope, quality and communication forthe research projectIn the present research study, researcher has to focus on several aspects such as cost, scope,communication, quality resources etc. Detail description of these resources are as follows-Cost- Cost is one of the most significant aspect in the entire investigation because due tolack of finance, it is impossible to conduct the research activities. In various activities ofinvestigation, it requires cost such as transportation, printing and stationery, internet costetc.Scope of study- Digital technology is very huge aspect in the business context by whichcompany can bring innovation and growth in its operation (Khalid, 2009). With the helpof digital platform in the business, company can save the additional cost and expenditurein the operation because it makes business operation easier and fastest. Thus, it can besaid that there is huge importance of digital technology in the small business enterpriseby which various functional areas like administration, communication, storage,distribution, production etc. can be made easier and fastest.Time- Time is one of the significant aspect in the research investigation by which scholarcan conduct each activity in an appropriate manner. Due to short period, sometimes,2
investigator has to face issues. In order to manage the time for research and conduct eachactivity in fixed time period, researcher has used Gantt chart method and work breakdown structure by which each research activity can be conducted according to specifictime period.Communication- In order to conduct the research study, scholar has applied primary datacollection so, it is very important to communicate to respondents about questionnaires.Researcher has taken personal email addresses of respondents and sent questionnaire toall of them (Johnson and Christensen, 2010). This is the best strategy to collectinformation in primary data collection method as respondents can freely share their viewswithout any biasness.Resources- In order to conduct investigation, researcher required major two resourcesthat is finance and human resource. In various activities of the research study such asprinting questionnaire, internet cost, transportation etc required sufficient amount of fund.On the other hand, in order to conduct investigation, human resources also required bythe investigator.Quality control- Quality is another significant concern in the research study as researcherhas to manage the quality of information which is included in the research. In addition tothis, all information included in the research should be in high quality.Risk management- In the research study, risk can occur related to plagiarism. There arevarious secondary sources such as books, journals, articles etc. from which informationhas been collected. Thus, it is very important for scholar to overcome the risk ofplagiarism.3
P3 Construct the work break down structure and Gantt chart4
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