Project management software is required for understanding technical knowledge and proper implementation of ideas, along with guidance from superiors. Marks and Spencer faces issues related to their distribution system, including managing priorities and assessing time management strategies. The report concludes that self-managed learning plays a crucial role in personal and professional development, emphasizing the importance of Honey and Mumford's approach for handling different strategies related to individual learning. It also highlights the significance of SWOT analysis in developing an appropriate plan to enhance skills.