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Project Evaluation and Impact on Business

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Added on  2020/06/03

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This assignment involves a comprehensive evaluation of a completed project focused on the impact of digital technology on business performance and growth. The student must analyze the project's success, outlining its achievements, challenges encountered, and lessons learned. They are also tasked with reflecting on their performance as a management consultant, identifying strengths and weaknesses, and explaining how this experience will inform their future professional development.

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MANAGING
SUCCESSFUL BUSINESS
PROJECT

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Table of Contents
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INTRODUCTION
In the present time every business enterprise requires effective growth and success in the
competitive business environment. In order to compete with rival and sustain in the market for
long time, company develops effective strategies and tactics. In this aspect, digital technology is
one of the source through which firm can increase its existing speed and procedure of the
business. Digital technology is the branch of scientific or engineering knowledge that deals with
the creation and practical use of digital or computerised device, method and systems. In the
digital technology includes several equipments such as laptop, computer, Wi-Fi, internet social
media etc. With help of these all technological equipment and source, any business entity can
enhance the experience of customer and deliver quick and fast services in the market. The
present report provides the depth knowledge and understanding about the digital technology and
its impact upon the growth and innovation within small business enterprise with respect of Black
Penny restaurant. Thus, in order to accomplish this subject objective, researcher have used
several methods and techniques of research methodologies and conduct survey for data
collection.
TASK 1
P 1 Construct project aim and objectives for the chosen scenario
In the competitive business environment, it is very important for every company to
design such effective strategy through which it can compete with rivals. In this aspect,
implementation of digital technology can assist to company in improving the existing procedure
and performance of company. With help of digital technology, firm can easily store and transfer
importance information related to business activities and functions. In the current research
project, the major aim of researcher is to analyse the impact of digital technology on the growth
and innovation within small business enterprise. Researcher actually desires to acknowledge the
impact of digital technology on the customer services and experiences in the hospitality sector.
Thus, for attain this objective, scholar have applied qualitative research technique along with
primary data collection.
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Aim of research
To explore the understanding about to impact of digital technology in bringing innovation and
growth of small business enterprise: A case study of Black Penny restaurant
Objective of research
To understand the terminology of digital technology
To determine the significance of digital technology in improving customer services and
experience
To examine the impact of digital technology in brining innovation and growth within Hospitality
sector
Research question
What do you understand by the terminology of digital technology
What are significance and role of digital technology in improving customer services and
experiences
What is the influence of digital technology in bringing the innovation and growth within
the hospitality sector
P2 Design the project management plan that covers aspects of cost, scope, time, quality,
communication etc
The major objective of project management plan is to deliver right suggestion to the
project manager of Black Penny restaurant so as effective strategy can formulate in order to
manage different types of projects. With assistance of project plan, manager can effectively
analyse requirement of various resource and analyse effective source for meet the requirement of
project. In order to develop the project management plan, manager needs to emphasis the various
aspect which are as follows-
Time- In order to conduct research and obtain appropriate outcome, time is essential
element which influence the project management plan (Fotis, John, Buhalis and Rossides,
2012). Thus, it is essential for manager to set small target and establish time of
completion of the activity. In the current research, scholar have very limited time period
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due to which it is very complex to carry out all activities of research within small period.
Considering the time factor is essential as it may have great effect on the quality of
research (Hvass, Kristian and Munar, 2012). Thus, in order to minimise the impact of
short period. Gantt chart and work break down structure have adopted by researcher as
this allow them to divide or categorise their work on the basis of priorities. These
methods can aid to researcher in saving their time as well as accomplish the entire task in
the systematic manner.
Cost- Cost is another significant resource that help to researcher in accomplishing their
research. In the absence of sufficient cost, researcher can not accomplish the whole
investigation and associated activities (Hays, Stephanie, Page and Buhalis, 2013). As
researcher have to bear various cost as well as expenses on executing various activities
such as transportation, stationary, collection of information, internet etc. Thus, due to
lack of financial resource, researcher may face difficulties.
Scope of the study- The present research study facilitates researcher in order to acquiring
knowledge about the impact of digital technology on the business growth and innovation
in the hospitality sector (Hjalager and Anne-Mette, 2010). With help of this investigation,
scholar can obtain the several platforms and equipments in the terminology of digital
technology. By use of this study researcher can identify the criteria through which it can
make business more effective, fastest and easy. Furthermore, this study also facilitates to
restaurant manager in getting knowledge about utilisation of various sources of digital
technology.
Communication- In the current research study, researcher conducted survey for collect
primary information about the digital technology and its impact on the growth and
innovation within the Small business enterprise (Hudson, Simon, and Thal, 2013). Thus,
for conduct the survey, scholar have been prepared a systematic questionnaire along with
questions of digital technology and its impact on the growth and success of organisation.
Researcher have taken the personal email address of 25 employees in the Black Penny
restaurant and send all of them. This is the best strategy to conduct researcher without
any biasness so as respondents can freely answer the questions.
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Risk- In the current research study, the major risk is associated related to plagiarism. As
in the research study, secondary information has been included so it is major threat
related to plagiarism. On the other hand other risk is associated with the reliability and
accuracy of the information.
P3 Construct work breakdown structure and Gantt chart to provide time frame and stage for
accomplish the research study
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TASK 2
P4 Implementation of qualitative and quantitative research methods appropriate for meeting
objective
In the entire research study, research methodology is one of the part that help in addressing the
solution of research problem. In the absence of research methodology, researcher can not able to
find out the best alternative option and solution for research problem. Research methodologies
consisted with several methods and techniques such as research approach, research philosophies,
research design, data collection, data analysis, sampling etc (Zumitzavan and Michie, 2015).
With help of all these techniques, researcher can find out the best alternative solution. In the
present study, the major aim of researcher is to analyse the impact of digital technology on the
growth and performance of small business enterprise with respect of Black Penny restaurant.
Thus, for attain this objective, researcher have implemented following methods and techniques- Research philosophies- Research philosophy is that method that aid to scholar in
analysing and assessing information for address the solution. There are major two kinds
of research philosophies that is interpritivism and possitivism. In the present study, for
analyse the impact of digital technology on the growth and innovation within small
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business enterprise, researcher have applied positivism research philosophies (Smith and
Lewis, 2011). With help of this technique, researcher can effective understand the issue
of problem and find out effective solution. Research approach- Research approach is that aspect that aid in conducting research in
the right manner (Soni and Kodali, 2012). There are major two kinds of research
approach that are inductive and deductive. In the current research study, researcher have
applied deductive research approach for analyse the study and find out appropriate
solution. Research techniques- This is that method which allows to scholar in obtain the effective
solution by collecting, analysing, assessing, interpreting information about subject. There
are major two research techniques that is qualitative and quantitative (Saunders and
Bezzina, 2015). The present report designed with help of qualitative research technique
under which information can represent with help of graphs, charts and tables etc. Data collection- Data collection is a procedure under which researcher can collect the
information by help of primary and secondary sources. If researcher collects the
information from books, journals, online blogs, articles etc then it is known as secondary
data collection (Aaker, 2011). On the other if researcher collects information from
survey, interview, observation, case study then it can be said that it is primary data
collection. In the current research study, researcher have used primary data collection
under which information have gathered with help of survey method. In this aspect,
scholar have developed systematic questionnaire and sent to 20 employees of Black
Penny restaurant.
Sampling- Sampling is another significant tool that help in divide the entire population
in the small part and that part known as sample (Edward, 2000). In the current study, 20
employees has taken as sample size by researcher through which information about
impact of digital technology has been effectively gathered.
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TASK 3
P5 Analysis of the information using appropriate tools and technique for the research project
In the present study, for conduct the survey scholar have been prepared a systematic
questionnaire along with questions of digital technology and its impact on the growth and
success of organisation.
1 From how long you are working in the Black Penny restaurant?
From last 6 months
From 1 year
From 2 to 4 year
From 4 year
2 Are you aware about the terminology of digital technology and its various platforms ?
Yes
No
3 Is Black Penny restaurant have its own web page on the internet ?
Yes
No
4 Are you agree with the statement that Black penny restaurant takes the order of food from its
own website on the internet ?
Strongly agree
Agree
Disagree
Strongly disagree
5 Is you business uses some software and application in its business operation and functions ?
Yes
No
6 Is Black penny restaurant business performance improve by implementation of digital
technology ?
Strongly agree
Agree
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Disagree
Strongly disagree
7 Which major issue faced by your business at the time of implementation of digital
technology?
Related to training and developments
Insufficient cost
Update related issue
lack of knowledge
8 Do you agree by the statement that you business have able tio save its time by implementing
digital technology?
Strongly agree
Agree
Disagree
Strongly disagree
9 Do you agree that digital technology help to black penny restaurant in bringing innovation
and growth?
Strongly agree
Agree
Disagree
Strongly disagree
10 Suggest the strategy through which Black penny restaurant can more improve its
performance by implement digital technology ?
Theme 1: Employees are working in the Black Penny restaurant
From how long you are working in the Black Penny restaurant? Frequency
From last 6 months 2
From 1 year 6
From 2 to 4 year 10
From 4 year 2
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Interpretation and analysis: By this question in the survey of 20 employees of Black Penny
restaurant, it has been found that 10 employees have experience of 2 to 4 year in the Black Penny
restaurant. On the other hand, 6 employees have experience of 1 year within the Black Penny
restaurant. Thus, from this collected data it has been found that in the survey there are various
respondents who have effective experience of working in the cited venture. In addition to this,
they have well knowledge about the impact of digital technology on the business operation and
activities.
Theme 2: Employees aware about the terminology of digital technology and its various
platforms
Are you aware about the terminology of digital technology and its various
platforms ? Frequency
Yes 17
No 3
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Interpretation and analysis: From this question in the survey it has been found that respondents
have effective knowledge about the terminology of digital technology and its various platforms.
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Yes
No
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In the survey of 20 employees, it has been found that 17 respondents have well aware about the
terminology of digital technology and its platforms. On the other hand, 3 respondents do not
have knowledge and awareness about the terminology of digital technology and its various
platforms. Thus, from collected data it has been analysed that employees of Black Penny
restaurant have well knowledge about digital technology.
Theme 3: Black Penny restaurant have its own web page on the internet
Is Black Penny restaurant have its own web page on the internet ? Frequency
Yes 18
No 2
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Yes
No
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Interpretation and analysis: From this section it has been found that Black penny restaurant
have its own web page on the internet. In the survey 18 respondents said yes and 2 respondents
said no upon this statement that Black Penny restaurant have its own web page on the internet.
Thus, from collected data it has been analysed that cited venture developed its own web page on
the internet through which it can bale to provide information about product and services to its
customers.
Theme 4:Black penny restaurant takes the order of food from its own website on the internet
Are you agree with the statement that Black penny restaurant takes the order
of food from its own website on the internet ? Frequency
Strongly agree 11
Agree 6
Disagree 2
Strongly disagree 1
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Interpretation and analysis: From this section it has been found that 11 respondents are strongly
agreed upon the statement that Black penny restaurant takes the order of food from its own
website on the internet. Thus, from this data it has been analysed that cited venture uses internet
for taking order to food.
Theme 5: Is you business uses some software and application in its business operation and
functions
Is you business uses some software and application in its business operation
and functions ? Frequency
Yes 18
No 2
16
Strongly agree
Agree
Disagree
Strongly disagree
0 2 4 6 8 10 12
Frequency
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17
Yes
No
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Interpretation and analysis: From this collected data it has been found that Black Penny
restaurant have used several applications and software in its various business operation and
activities. By help of application and software, business enterprise have able to improved its
performance and speed of business. It also assists in reducing paper work and improving quality
of work.
Theme 6: Black penny restaurant business performance improve by implementation of digital
technology
Is Black penny restaurant business performance improve by implementation of
digital technology ? Frequency
Strongly agree 12
Agree 5
Disagree 2
Strongly disagree 1
18

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Interpretation and analysis: From this section it has been found that Black penny restaurant
business performance improve by implementation of digital technology. From collected data, 12
respondents are strongly agreed by the statement that Black penny restaurant business
performance improve by implementation of digital technology. Thus, it has been analyzed that
19
Strongly agree
Agree
Disagree
Strongly disagree
0 2 4 6 8 10 12
Frequency
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With help of digital technology, firm can easily store and transfer importance information related
to business activities and functions. With help of digital technology, company have improved its
speed of business and bring innovation in product and services.
Theme 7:Major issue faced by your business at the time of implementation of digital
technology
Which major issue faced by your business at the time of implementation of
digital technology? Frequency
Related to training and developments 5
Insufficient cost 7
Update related issue 3
lack of knowledge 5
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Related to training and
developments
Insufficient cost
Update related issue
lack of knowledge
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Interpretation and analysis: By collecting information in the survey, it has been assessed that
insufficient cost is major issue which faced by Black penny restaurant at the time of
implementation of digital technology. As company have to invest large amount of capital in
implementation of digital technology so it is major issue which faced by cited venture.
Theme 8: Black Penny restaurant business have able to save its time by implementing digital
technology
Do you agree by the statement that you business have able to save its time by
implementing digital technology? Frequency
Strongly agree 10
Agree 7
Disagree 2
Strongly disagree 1
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Interpretation and analysis: From this section in the survey it has been found that Black penny
restaurant have able to save its time by implementing digital technology. By collecting views and
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Strongly agree
Agree
Disagree
Strongly disagree
0 1 2 3 4 5 6 7 8 9 10
Frequency
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opinion of employees of cited venture it has been assessed that with help of digital platforms,
company have enhanced its quality of work as well as save its time on paper work.
Theme 9: Digital technology help to black penny restaurant in bringing innovation and
growth
Do you agree that digital technology help to black penny restaurant in
bringing innovation and growth? Frequency
Strongly agree 11
Agree 6
Disagree 2
Strongly disagree 1
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Interpretation and analysis: From this section it has been found that from 20 employees of
Black Penny restaurant 11 are strongly agreed upon the statement that digital technology help to
black penny restaurant in bringing innovation and growth. On the other hand 2 are disagreed
upon the same statement. Thus, from this collected data it has been analysed that with help of
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Strongly agree
Agree
Disagree
Strongly disagree
0 2 4 6 8 10 12
Frequency

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digital technology, in various functional department have brought innovation and creativity
through which quality and growth of company have been improved.
P6 Communicate appropriate recommendations as a result of research and data analysis
From this entire research project it has been analysed and assessed that digital technology
can boost up the business performance and growth of business enterprise. With help of digital
technology, Black Penny restaurant can take the order of food from online website and social
media pages (Bruhn, Manfred, Schoenmueller and Schäfer, 2012). Thus, it can be said that with
help of social media and internet, black penny restaurant can easily engage with customer and
take their order. In addition to this, cited venture can acknowledge customer review, feedback
and suggestion about the existing services and product. It has been also concluded that black
penny restaurant have faced major issue related to the cost and expenditure at the time of
implementation of digital technology in its business operation. After implementing digital
technology within the business operation and functions, Black Penny restaurant have increased
the performance and growth of business in the market (Chan, Ling and Guillet, 2011). However,
it has been found in the survey that some respondents thought there is still some requirement to
improve performance of Black penny restaurant by improving digital technology
implementation. Following are some recommendation for the same-
Black Penny restaurant should update its web page and social media sites on timely basis
so as right information about the product and services can deliver to the customers. In
addition to this, company should upload and post creative and attractive content and
pictures about product and services so as customer can more attract toward product and
services (Dinan, 2000).
Black Penny restaurant should conduct training and development program for its
employees so as they can effectively carry out their work with help of digital technology.
Black Penny restaurant should focus on the upgrade its technology and equipments so as
it can gain effective outcome and result.
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TASK 4
P 7 Reflection on the value of undertaking the research to meet stated objectives and own
learning and performance
In the current study, I have analysed and assessed that digital technology is the branch of
scientific or engineering knowledge that deals with the creation and practical use of digital or
computerised device, method and systems. In the digital technology includes several equipments
such as laptop, computer, Wi-Fi, internet social media etc. I have learnt about the use and impact
of digital technology on the business performance and activities. In this research, for collect
information about the digital technology, I have conducted survey through which my
interpretation, communication, analytical skill has been improved. I have also learnt about the
various methods and techniques of research methodology and its implementation of the research
study. With help of these techniques, I have found effective outcome of the study. I have also
analysed that help of digital platforms, company have enhanced its quality of work as well as
save its time on paper work.
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REFERENCES
Journal and Books.
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Project Logbook for the chosen organisation Black Penny restaurant
Name of the learner:
Project Title: Managing successful business
Update of weekly research/ tasks achieved
(Account for a minimum
of six weeks with dates)
What have you completed?
Name of the Supervisor:
Date:
Comments
Did you fulfill Task requirements?
Are you on track and within deadlines set?
Did you need to make any changes to your
project
management plan?

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Problems encountered
What barriers did you face?
How did you overcome them?
New Ideas and change of project direction
What Have I learnt about myself this week?
How did I feel when I had to deal with
tasks/problems?
Did I find it useful to complete the tasks?
How well have I performed? What did I
contribute?
What can I improve on next week?
How might this learning apply in the future?
Tasks planned for next week
Which tasks are priority?
Have you set aside sufficient time for
completion?
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Project plan status to date (on, ahead, behind)
Supervisor comments to address
Signature of the Supervisor and date
1. What was the Project supposed to accomplish?
This project provides the knowledge and understanding about the impact of digital technology
on the business performance and growth.
2. Did the project succeed in its aims/ how do you know? Specifically, please outline any
evaluation and assessment
undertaken.
Yes the project have successfully attempted its aim and objective. At the time of data collection,
many of the respondents are strongly agreed with statement that digital technology have
affected the progress and growth of business enterprise.
3. What things do you think worked well and why? Evaluate all aspects of the project (e.g
initial inception, project
activities and project outcomes) from a range of perspectives.
Conducting survey and interview
Analysing information
Interpretation
Implement strategy for find out best solution of research problem
4. What problems emerged during the project and how were they tackled? Was there timely
identification of issues and
resolution during the project process?
The major issue is related to the time duration as researcher have very limited time period and
all activities have to accomplish within specific time. Thus, it is very serious and big issue for
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