Digital Technology's Impact on Business Activities: Project Report

This report provides a comprehensive analysis of how digital technology has transformed business activities, including operations, marketing, accounting, and HR. It begins with a project management plan, outlining aims, objectives, costs, scope, time, quality, communication, risk, and resources. A work breakdown structure and Gantt chart are presented to visualize project timeframes and stages. The report includes a project log book detailing small-scale research using qualitative and quantitative methods. A performance review analyzes research data using appropriate tools and techniques, communicating recommendations and drawing meaningful conclusions. The report also reflects on the value of undertaking the research to meet stated objectives and personal learning, ultimately concluding on the significant impact of digital transformation on modern business practices. Desklib offers a platform to explore similar documents and solved assignments for students.

MANAGING A SUCCESSFUL
BUSINESS PROJECT
NAME OF THE STUDENT:
NAME OF THE UNIVERSITY:
STUDENT’S ID:
1

Contents
MANAGING A SUCCESSFUL BUSINESS PROJECT..................................................................1
Introduction................................................................................................................................................3
Part 1: project management plan...........................................................................................................3
P1: Devise clear aims and objectives for your project........................................................................3
P2: Produce a project management plan incorporating: costs, scope, time, quality,
communication, risk and resources........................................................................................................4
P3: Produce a work breakdown structure and a Gantt chart to provide timeframes and stages
for completion............................................................................................................................................7
Part 2: Project log book..........................................................................................................................12
P4: carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives.........................................................................12
Part 3: Performance review...................................................................................................................13
P5: Analyse your research and data using appropriate tools and techniques..............................13
P6: communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...............................................................................................17
P7: Reflect on the value of undertaking the research to meet stated objectives and own
learning and performance......................................................................................................................19
Conclusion...............................................................................................................................................21
References..............................................................................................................................................22
2

Introduction
Digital transformation is the path toward acclimating to the movements and challenges
related to cutting-edge advancement, over all parts of the business. It's tied in with
embedding electronic developments at all levels and components of the business and
developing a culture of advance over the gatherings, with a complete goal of upgrading
and outperforming the customer experience. With the cutting-edge change the client,
rather than the development, is in the driver's seat, and this issues. Digital
transformation is driving associations to rethink what their customers regard and how to
address those issues. Advanced change is transforming into an essential for
associations of all sizes and undertakings. The primary conviction now is that change is
stimulating. Customer lead is driving this change and if the association need to find,
keep and hold online customers and likewise stay before the restriction, it must consider
propelled change. This endeavor will empower the relationship to portray how the
progressive assignment is to be masterminded, executed and checked. It is like manner
fuses the exercises that are to be taken to achieve the endeavor goals. The Project Log
Book will allow giving affirmation of the endeavor headway process and an advancing
reflection. It will perceive how to think about the course of the endeavor and particularly,
what issues can involvement and how to decide them.
Part 1: project management plan
P1: Devise clear aims and objectives for your project
The aim of the project is to analyse how digital technology has transformed business
activities of the organisation such as operations, marketing, accounting, and HR. The
objective of the study are as follows:
 To analyse the importance of digital technology
 To understand the ways in which digital technology has transformed business
activities
 To critically evaluate the positive and negative impact of digital technology on the
business activities.
3

P2: Produce a project management plan incorporating: costs, scope, time,
quality, communication, risk and resources.
Various specialists consider a Project Management Plan as a date-book or Gantt
diagram. Specialists who pass on this misinformed judgment into the PMP®
accreditation exam are the most improbable ones for passing the exam. The Project
Management Plan should be considered as a report that can portray how an endeavor
is watched, executed as well as controlled; it should be fundamentally in excess of the
scheduled diagram. A proper understanding of the undertaking configuration should pay
rich benefits all through the making arrangements for this PMP affirmation exam, and
besides that, it would help to supervise the wanders. The assignment boss influences
the endeavor organization to configuration following commitments from the wander
gathering and the key accomplices. A wander organization configuration should be
formal, a supported report which portrays the way by which the endeavor can be
executed, checked, as well as controlled. This should be a once-over or the point by
point record and may fuse baselines, reinforcement organization plans, as well as other
masterminding reports. This record is able for describing the approach wander amass
takes for passing on its arranged endeavor organization degree of the errand. As the
work proceeds with, the execution of the wander is assessed against the execution
estimation benchmark joined the assignment organization plan. The degree measure,
design, and the cost benchmark are inside and out implied as the execution estimation
standard (Kerzner, 2018). In case there is a deviation from the standard while the work
is being done, the wander overseer oversees them after making acclimations for curing
the deviation. In case these modifications disregard for modifying the deviations, by
then the formal change sales to the baselines end up central.
In most cases, almost all the portions of the endeavor organization configuration should
be made by several methods described in this PMBOK Guide; for example, the trades
Management Plan should be delivered in such correspondences plan and process.
Nevertheless, the cost Management Plan, Schedule Management Plan as well as the
Scope Management Plan should be made in such Develop Project Management Plan
4

and process. Exactly while an endeavor endorse should be made in the beginning
technique gathering, it should contain the augmentation summary, spending design as
well as an outline (defining moment) design.
Knowledg
e-based
area
Initiating Planning Executing Monitoring as
well as
controlling
closing
Managing
the project
integration
 Develo
pment
of
project
charter
 Develop
ment of
project
manage
ment
plan
 monitori
ng and
controlli
ng the
project
 perform
integrati
on and
change
control
close
project
or the
phase
Project
scope
managem
ent
 plan
scope
manage
ment
 collectin
g
requirem
ents
 defining
the
scope
 validati
ng
scope
 controlli
ng
scope
5

 creating
WBS
Project
time
managem
ent
 planning
the
schedule
manage
ment
 defining
the
activities
 sequenci
ng the
activities
 estimatin
g the
activity
resource
s
 estimatin
g the
activity
duration
 developi
ng the
schedule
 controlli
ng
schedul
e
Managem
ent of
project
 planning
cost
manage
 controlli
ng cost
6

cost ment
 estimatin
g cost
 determini
ng
budget
managem
ent of
project
quality
 planning
quality
manage
ment
 perfor
m
quality
assura
nce
 control
quality
P3: Produce a work breakdown structure and a Gantt chart to provide timeframes
and stages for completion.
The work-breakdown structure (WBS), may know as the "contract work-breakdown
structure" or even it is also called as "WBS". It is mainly being used in various venture
administrations and frameworks building is a deliverable-situated breakdown of a task
into little parts. A work breakdown structure is a key wander deliverable that forms the
joint effort into sensible zones. A work-breakdown structure segment may be a thing,
data, advantage, or any blend thereof (Heldman, 2018). A WBS in like manner gives the
major framework to organized cost assessing and control close by providing guidance
to design progression and control. The work break down structure for this particular
project is as follows:
7

Project: to analyse how digital technology has transformed
business activities of the organisation
Initiation phase 4. Closeout
phase
3. Execution
phase
2. Planning phase
1.1 Requirement
gathering and
analysis
2.1 Project plan
development
3.1
Brainstorming
marketing
4.1 Contract
closeout
Define process
for gathering
requirements
Document
project
stakeholder
interviews
Analyse
requirement
Create
requirement
documents
1.2 Project
Charter
Development
Business case
Project definition
Establish high
level, cost, time
estimates
Establish list of
stakeholders
1.3 Initiation
phase approval
Scope statement
Work breakdown
structure
Performance
baseline
measurement
procedure
planning
Project schedule
plan
Resource
management
Supporting PM
process plan
Project plan
approval
2.2 Planning
phase approval
Prepare work
Brainstorming
session
Solicitation
Source
selection
Primary
market
research tool
development
3.2 Execution
phase
approval
4.1 Contract
closeout
Achieve
documents
4.3 Establish
process for
achieving
project data
4.2 Launch
project
4.4 Conduct
administrative
closeout
4.5 closeout
phase approval
8

Figure 1: Work break down the structure
(Source: )
Gantt chart
A Gantt chart is a type of bar chart that illustrates a project schedule. Modern Gantt
charts also show the dependency relationships between activities and current schedule
status. The Gantt chart for this research is as follows:
Main
activities
/ stages
Week
1
Week
2
Wee
k 3
Week
4
Wee
k 5
Week
6
Week
7
Wee
k 8
Wee
k 9
Wee
k 10
Wee
k 11
Wee
k 12
Wee
k 13
Wee
k 14
Select
the
subject
Data
collectio
n
(Seconda
ry
Sources)
Layout
Formatio
n
9

Formatio
n of the
Research
Plan
Literatur
e review
Selection
of
Research
Techniqu
e
Data
collectio
n
(Primary
data
sources)
Analysis
and
Interpret
ation of
the data
10

Findings
from the
Data
the
conclusi
on of the
Research
study
creation
of Rough
Draft
Final
Submissi
on of the
research
Work
Table 1: Gantt chart
(Source: As created by the author)
11

Part 2: Project log book
P4: carry out small-scale research by applying qualitative and quantitative
research methods appropriate for meeting project aims and objectives.
Research systems are part broadly into quantitative and subjective techniques.
Subjective research is multimethod in focus, including an interpretive, naturalistic
approach to manage its theme. This infers subjective experts examine things in their
normal settings, trying to grasp, or decipher, wonders the extent that the suggestions
people pass on to them (Martinsuo and Hoverfält, 2018). The purpose of subjective
research is to understand the social reality of individuals, get-togethers and social
orders as nearly as possible as its individuals feel it or live it. Hence, people and social
events, are considered in their normal setting.
Research following a subjective approach is exploratory and tries to elucidate 'how' and
'why' a particular wonder, or lead, fills in as it does in a particular setting. The expert has
a couple of methodologies for get-together trial materials, going from the gathering to
arrange recognition, to the examination of old rarities, reports, and social records, to the
use of visual materials or individual experience.
Quantitative research gathers data in a numerical edge which can be put into classes,
or in rank demand, or assessed in units of estimation. This sort of data can be used to
manufacture outlines and tables of rough data (Daniel and Daniel, 2018). Quantitative
researchers intend to develop general laws of lead and phenonomon across finished
different settings/settings. Research is used to test a speculation and in the long run
help or reject it. Tests regularly yield quantitative data, as they are stressed over
assessing things. Regardless, other research methods, for instance, controlled
recognitions and reviews can convey quantitative information (Tonchia, 2018).
So as to complete the exploration, the scientist considers a gathering of 35 respondents
who are chiefly the workers of the organization utilizing advanced advances inside the
organization and also the representatives of the association that do not think about the
utilization of computerized innovation for the authoritative exercises. An arrangement of
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