Project Management: Digital Disruption at Real Foods Ltd Report

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This report examines the management of a business project, focusing on the digital disruption and transformation experienced by Real Foods Ltd. The report begins with an introduction that highlights the importance of digital technology in modern business operations, emphasizing the need for innovation and adaptation. Task 1 outlines the project's background, aims, objectives, and research questions, including a case study of Real Foods Ltd. It explores the challenges of digital disruption and the company's goals. Task 2 discusses project management plans, including cost, scope, risk, quality, communication, resources, and time management. The report also covers various research methods, such as qualitative and quantitative research, primary and secondary data collection, and provides a sample questionnaire. Task 3 delves into comprehensive project management plans, and the evaluation of the project management process. The report also evaluates the reliability of various methods applied and the selection of reliable tools and techniques. The report concludes with a reflection on project outcomes and the value of the project management process. Overall, the report provides a comprehensive overview of managing a business project in the context of digital transformation.
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Managing a Successful
Business Project
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1................................................................................................................................................1
P2................................................................................................................................................2
P3................................................................................................................................................4
M1: Comprehensive project management plan...........................................................................6
D1: Evaluation of project management process..........................................................................6
TASK 2............................................................................................................................................6
P4................................................................................................................................................6
M2: Reliability of various method applied.................................................................................9
TASK 3............................................................................................................................................9
P5................................................................................................................................................9
P6..............................................................................................................................................17
M3: Selection of reliable tools and techniques.........................................................................17
D2: Reflection on project outcomes..........................................................................................17
TASK 4..........................................................................................................................................17
P7..............................................................................................................................................17
M4: Value of project management process...............................................................................18
CONCLUSION..............................................................................................................................18
REFERENCES..............................................................................................................................19
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INTRODUCTION
For managing a company there is requirement of enhancement in digital technology. So
that, overall working of enterprise can be managed in proper manner. Advancement in
technology only take place when there is some creativity or innovation in the existing. As per the
current competitive scenario it has been seen that every company is using digital tool and
technologies it helps them in their effective work management. In small companies it helps in
growth and innovation because it assists is storing their data as well make it more protective.
Along with this, it assists in proper communication process within employees and organisation as
well stakeholders. Major motive of this report is to measure the outcomes after creation of digital
distribution and how its transforms the barriers or situation of industry into strength of
association (Den Hertog, Van der Aa and De Jong, 2012).
TASK 1
P1
In every organisation, it is important to find out their goal and aims for implementing
advance technology for enhancing development and growth procedure of administration. It is
needed for enterprise to innovate some technologies and introduced digital disruption and
transformation for making functions and operations more relevant as well fast. With the
assistance of digital technology information and data can be transfer to each and every member
working in firm. So that they can work as per the aims and objectives of business and no delay in
achieving these. An organisation can enhance their opportunities and bring several advantages in
the competitive business environment by adopting several new technologies as per the recent
trends.
Background of Project
Company have to adopt various modifications and changes which is important for sustain
in the competitive business environment. Digital disruption and transformation not only help in
development and growth only but they solve many conflict and issues which emerge because of
several complicated situations. It becomes necessary to adopt digital technology in every system
like products manufacturing, proper data record which is important if there any requirement of
information in future, through digital technology employees can easily access files in some
seconds. When an association is adopting latest technologies or models in their day to day
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working then it will automatically create interest for their goods and facilities. Through this firms
are intelligent to build single appearance within the overall attainment of specific protection of
environment.
Topic: “How businesses have coped with the major challenges of digital disruption and
transformation: A case study of Real Foods Ltd.”
Aims: The primary objective of Real Food Ltd is to be most popular and famous as well choice
of the people. Want to expand their business worldwide area. The company major focal point out
to determine the overall implication faced by the company during the time of using disruption
and transformation.
Objectives:
To determine the determinant of digital technology in Real Food Ltd.
To measure all kinds of alteration in commercial enterprise with the use of modern
technology in Real Food Ltd. To measure the effect latest technology changes in resolving leading challenges of the
organisation.
Research questions:
How digital disputation effect the operations of Real Food Ltd?
What are the impact of digital network in solving leading problems? What are the transformation of enterprise of Real Food Ltd after the interruption of
digital technology?
P2
It is necessary for an enterprise to frame proper programme for carry off a project for
evaluation of group and correct management of project. The same assist in starting actual
research and also avail in gaining information and rational collection that does not take any kind
of hurdling. Management plan of mission aid in identifying scope, time, quality, risk, resources,
communication. When there is proper management it helps in saving time, cost and also
minimise not required barriers in implementation of strategies. There are several elements which
includes for analysing functioning of the operations (Gebauer, Edvardsson and Bjurko, 2015).
Cost – For developing any project it is important firstly that budget must be prepared so
that cost can be maintained as per the requirement. When project is started in that several
activities take place such as data analysis, questionnaire, Gantt Chart, IT which required
2
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experts. Thus, association have to make budgets and allocate cost in several so that work
going will never become expensive.
Scope – It is important element which must be consider by an enterprise for analysing the
scope of study and project for which planning is going on for execute. Along with this it
is also essential to examine the effect of digital disruption in state of affairs hindrance for
constant improvement. It avails firm in determining proper ways and approaches which
helps an organisation in development.
Risk – Very new thing involve risk when it is related to business environment same in
this also when an enterprise initiates a project several risk and dangers comes with it. All
these obstruct in the procedure of project management of Real Food Ltd must be
managed properly for better outcomes. Major risk can be that people are used to of
traditional techniques which is using by respective firm. If suddenly they use new, then
there is chances of risk to the company.
Quality Quality is one of the crucial aspects that tend to attaining overall performance
of the report. It is a specific document that tend to take necessary action that is required at
each level of project plan to assure that all the activities are needed to be confirm on the
allotted time period. It would examine quality policies and process that are relevant to the
project for both small or large projects and all the essential aspects of any management
activity (Incelli, 2013).
Communication – Effective communication is important for transferring information
and important data to every individual working. When Real Food Ltd. Is implementing
any changes in their working then they have to convey it to their customers. This can be
only possible through communication such as e-mails, messages, pamphlets and several
others. In this project questionnaire methods are using for graphics, facts and Gantt chart
for correct scheduling of whole project. All these enhance creativity of project which is
conducted by Real Food Ltd.
Resources – This is important and day to day requirement elements of organisation
because without resources company is not able to meet their daily basis target. It must be
analysed before forming any business project as well company need variety of resources
for determining the effect of digital disproportion and how it will assist in the
modification. Resources required are human resource, financial, technological and so on.
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Time – Time is very crucial because when its go never comes back as well it is important
assets of organisation. When their proper time management enterprise can gain several
advantages but in some situation it can be the reason of failure also. It is needed that firm
have to complete their project on time, duration of finishing the project is decided in the
beginning. Most probably duration is of 30 days in that time period it must be finished so
they can serve customers on time as well gain competitive advantages (Lai and Ong,
2014).
P3
4
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M1: Comprehensive project management plan
This project is entirely based on digital disruption and transformation challenges that a
business faced in their regular course of action. A well organise management plan is being
design to attain all the set aims and objectives those are helpful for getting valuable amount of
growth in near future time. The primary purpose of conducting plan is to expand their business
all over the nations to get better outcomes. There are certain important aspects that are needed to
be taken into account such as planning, coordination and time which are associated with the
project is effectively taken into account (Eckerson, 2012).
D1: Evaluation of project management process
According to the, it is crucial that there would be appropriate coordination between every
functions of project as it will be executing this in more effective manner. Different processes are
needed to be implemented by the project manager in order to accomplish their task accordingly.
Initiation, planning, executive, control and monitoring are considered as major process of project
planning that are required to be implemented under the guidance of product in-charge in respect
to accomplishment of project time.
TASK 2
P4
Research is conducted by organisation for gathering several data and information for
enterprise. Mainly this is conducted with the motive of identifying current market trends,
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customers need and wants, taste and preferences etc. there are some methods of collecting data
as well research types also. These are discussed below: -
Qualitative Research – This is most effectual research method because it focusses on
overall behaviour or mental attitude of people for looking at the quality affiliated to the topic of
study. This help Real Food Ltd in reassessment the persuasion, thoughts and views of person
which is joined with the digital disruption. Qualitative research is consisting of looking in-depth
at non numerical data. There are various sources of qualitative data that tend to record,
participant observation and focus on specific groups. Mainly they choose those procedures and
method which can avail in gathering or collecting info and knowledge on the respective subject.
This kind of research can assist in gaining effectual and most suitable results analysing
effectiveness (Shang, 2012).
Quantitative Research – With the help of these type of research data collected is in the
form of quantitative like amount, quantity and numerical data related to the subject and
topic of research conducted. Results come out from this study is in the form of statics,
logical and numerical data. It is totally distinct from qualitative form of research.
Primary data – this research is conducted for collecting fresh and new data related to
the topic on which research is conducted. Sources for collecting primary data are
feedback forms, questionnaire, observation and many others. This method can be used in
both qualitative and quantitative research for reach to the outcomes (Introducing
Research Methods, 2017).
Secondary data – This is the data which is gathered from any previous analysis and
research. Secondary data is collected from several sources such as books, journals,
websites, newspapers, articles, audio tapes, diaries and so on. It is not time consuming as
well expensive process. Apart from this, sometimes past data of enterprise can also be
used for further process. In simple term it is old data or can be used before by anyone
and researcher is not the person who collect it.
QUESTIONNAIRE
Name:
Age:
Gender:
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Q.1. Does digitalisation is effectual for growth of Real Foods Ltd?
a) Yes
b) No
Q.2. Which digital technology is the top-grade and disruptive in the company?
a) IT software and technology
b) Virtual Reality
c) AI
d) Hybrid Wireless technologies
Q.3. How Real Foods Ltd Cope up with modification and digital disruption?
a) Organising digital platform
b) Managing IT service
Q.4. Do You think that digitalisation is the reason of challenges in operation and business
activities of Real Foods Ltd?
a) Yes
b) No
Q.5. In what area the administration is feeling most issues and challenges within Real Foods
Ltd?
a) Big data and ineffective leveraging
b) Dearth of clear vision
c) Organisational resistance
Q.6. Do you think that satisfaction level of consumers and quality of service have been
enhanced after the Digital disruption and transformation of Real Foods Ltd?
a) Agree
b) Disagree
Q.7. Which technology have assist Real Foods Ltd in their operations and give direction it to
innovation and growth?
a) Cloud techniques
b) Drone Delivery
c) E-commerce
d) scan as you shop
Q.8. Recommend your views on how food company can make out up with challenges from
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digital disruption and transformation?
M2: Reliability of various method applied
It is one of the essential way of analysing the quality of the overall measurement process
that can be used to collect data in the given project report. In respect to attain more reliable
outcome from the study an effective tools and steps are required to be taken into account. There
are various kind of techniques that should be utilised by the investigator to accomplish the study.
In case of any research, it has their individual advantage and cost associated with them. Right
method would be taken into account to study facts and matter those used to complete a project on
time. Quantitative and qualitative method of research is taken into consideration in order to
analyse this particular research.
TASK 3
P5
In this project, sample size taken of 20 respondents are taken into account by the help of
using primary research analysis. It can lead to attain more valuable results without any changes
of errors or mistakes. Below mention is the interpretation of entire project:
Theme 1: Does digitalisation is effectual for
growth of Real Foods Ltd
Frequency
a) Yes 15
b) No 5
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Interpretation: - From the above graph, it can be said that yes digitalisation is effectual for
growth of Real Food Ltd. Because out of 20 respondents 15 are in the favour of this remaining
are saying that no digitalisation is not helpful for the growth of respective organisation. Thus,
conclusion is that yes digitalisation is effective for growth of business.
Theme 2: Which digital technology is the top-
grade and disruptive in the company
Frequency
a) IT software and technology 9
b) Virtual Reality 4
c) AI 5
d) Hybrid Wireless technologies 2
10
Yes No
0
2
4
6
8
10
12
14
16
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