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(Doc) Managing a Successful Business Project PDF

   

Added on  2020-10-22

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Managing a SuccessfulBusiness project

Table of ContentsINTRODUCTION...........................................................................................................................1PART 1............................................................................................................................................1LO 1.................................................................................................................................................1P1 Devise clear aim and objectives for your project...................................................................1P2 Produce a project management plan......................................................................................1P3 Produce a work break down structure and Gantt chart..........................................................3PART 2............................................................................................................................................5LO 2.................................................................................................................................................5P4 Applying qualitative and quantitative research methods.......................................................5PART 3............................................................................................................................................6LO 3.................................................................................................................................................6P5 Analyze the research and data using appropriate and data tools and techniques. .................6P6 Recommendation.................................................................................................................11LO 4...............................................................................................................................................12P7 Reflective.............................................................................................................................12CONCLUSION .............................................................................................................................12REFERENCES .............................................................................................................................13.......................................................................................................................................................13

INTRODUCTIONManaging successful business is the process yo achieve the new development target and processoriented in the business activity. Success brings new success and process goals accordingly andmanaging more successful business process that company needs to adapt to manage newchanges. Organization gets success by presenting a innovative and creative plans. In order tomeet company’s objectives in the best possible action plan. Present research will be based on theeffectiveness of digital technology on online retail shopping. Study will be taking Morrisons forthe further study of research objectives. Further, it will be presenting proper work process andchallenging goals in order to meet the best approachable target market opportunities.PART 1P1. Devising clear aim and objectives of studyBackground Technology has changed the scenario in which retailers and customers interact, enablingmarketers to build a strong relationship in between the customers and stakeholders. Apart fromthis, it makes the long term and balancing goals in order to build up the managing business. Withthe help of digital technology tools and techniques (Blázquez, 2014). Company can easilyachieve the set objectives to attract the customers towards online shopping. This makes thepositive impact on the smart objectives that company wants to achieve in effective manner. Aim: “To identify the effectiveness of digital technology on online shopping experiences.Present study based on the case study of Morrison”Objectives: Smart objectives Specific: It is the first term of business smart objectives that company should adopt. Suchas present study smart objective is to identify the digital impact on retail shopping market.Measurable: another term of managing successful business is to measure the risk oruncertain challenges present in the plan (Colbert, Yee and George, 2016). Attainable : Goal or objective should attainable or acceptable too. Objective also shouldbased under the set budgeted goals as well. Relevant: As per the objective company also needs to stable the relevant facts or figuresto take the new opportunity and growth. 1

Timely: objective should consist some specific tentative time to accomplish the goalobjective. P2. Producing a project management planTask NameDurationStartFinishPredecessorsResearch Project Planning Topic name2 days14/03/1817/03/18Statement of the researchissue 1 day19/03/1819/03/181Allocation of resources andtime frame2 days20/031821/03/182Implementation Review of literature5 days22/03/1827/03/183Selection of correct researchmethodologies 1 day28/03/1829/03/184Data analysis andinterpretation 5 days30/03/1818/03/355Evaluation of results andoutcomes 2 days01/04/1802/04/185Project closer Giving conclusion andrecommendation 1 day03/04/1803/04/186Results of documentation 1 day04/04/1819/03/187Cost: It is the most essential and effective resource which helps to set limited budget costfor a particular project plan. In this, manager needs. Cost must always be under control in orderto achieve the best output results.Resources: Resources include technique, labor, training, funds, etc. which are mainlynecessary to fulfill the goals. Scope: Scope defines the importance and need of invention that helps company to gethigh profit revenues (Demirkan and Spohrer, 2014). Communication: Communication helps to develop a strong bond in between allemployees and employers to make understanding clear in between all. 2

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