Managing a Successful Business Project - Desklib

Managing a Successful
Business Project

Contents
INTRODUCTION...........................................................................................................................................4
MAIN BODY.................................................................................................................................................4
P1 Explain the stages of the project lifecycle (PLC) and their importance to the success of a project....4
P2. Project Management plan.................................................................................................................5
P3 Examine a range of research methods and strategies and their importance to project management.
.................................................................................................................................................................6
P4 Produce a PMP that covers, aim, objectives, deliverables, quality, risk, communication resources
and research methods.............................................................................................................................9
Research Aim...........................................................................................................................................9
Research Objectives................................................................................................................................9
Research Questions.................................................................................................................................9
P5) Work breakdown structure and Gantt chart.....................................................................................9
P6) Conduct a business project as stated within the PMP and communicate findings..........................11
P7) Recommendations...........................................................................................................................15
Task 4- Reflective Practice.........................................................................................................................15
P8) Reflection........................................................................................................................................15
CONCLUSION.............................................................................................................................................16
REFERENCES..............................................................................................................................................17

INTRODUCTION
The project manager is responsible for successfully completing their project and achieving
the desired results. This enables them to properly plan, organise, and manage activities in order
to achieve the intended outcome (Tomaselli, 2022). The current study is based on workplace
transformations that use digital technologies to increase performance of employees. Deloitte,
which provides financial services in the United Kingdom and is described as the biggest
corporation in the country, is chosen for this research. The report includes a project management
lifecycle assessment, project details, and personal comment.
MAIN BODY
P1 Explain the stages of the project lifecycle (PLC) and their importance to the success of a
project
The project management life cycle is a term that describes the high-level activities
involved in completing a project successfully. Many project failures breakdowns in
communication in interaction, therefore project manager may assist project managers avoid
wasting funds and effort (Wolff, 2018). Start, strategy, implementation, and closing are the 4
stages that make up the project life cycle. Those are all detailed underneath in the area of present
work:
Initiation- This really is the initiation phase, wherein the project leader determines the
company's requirement, issue, or potential, and also think creatively to assist their group in
fulfilling that do need, fixing difficulties, and capturing that possibility. In the next assignment,
the task is to decide the study's mission and goals, and also the viability of the investigation and
the research's main outcomes.
Planning- It is the second step, which requires researchers to decompose the entire study
down into manageable tasks, form a team, and create a timeline for submitting tasks. They must
also set smart targets for the entire operation and verify that each is met inside a reasonable time
limit.
Execution: It is the third step, in which plans are put into effect. The investigator would
need to concentrate on keeping the project on track, coordinating associates, controlling