Evaluating Digital Technology's Impact on TESCO PLC Business Activity

This report examines the impact of digital technology on TESCO PLC's business activities, aiming to evaluate and recommend technology adoption for enhanced efficiency. The project encompasses defining aims, objectives, and a comprehensive project management plan, including work breakdown structures and Gantt charts. It utilizes both qualitative and quantitative research methods, incorporating questionnaires for managers and employees across sales, marketing, and warehouse departments. Data analysis involves identifying positive and negative aspects of digital technology implementation, leading to recommendations for future technology adoption. The report also evaluates project management procedures, emphasizing the importance of aligning technology choices with specific goals and performance improvements. The conclusion synthesizes findings, assessing the overall impact of digital technology on TESCO PLC's revenue, customer satisfaction, and operational efficiency.

MANAGING A SUCCESSFUL BUSINESS PROJECT
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Managing a successful business project
Table of Contents
Introduction......................................................................................................................................3
Part 1................................................................................................................................................4
P1: Primary aims and Basic objectives of the project.....................................................................4
P2: Project management plan..........................................................................................................5
P3: Work breakdown structure and Gantt chart..............................................................................6
M1: Plan for project management...................................................................................................8
Part 2..............................................................................................................................................10
Project log book.............................................................................................................................10
P4: Qualitative and quantitative research approach to meet the job requirements........................11
M2: Evaluation of accuracy and reliability...................................................................................14
D1: Critical evaluation of procedures of research method and project management....................14
Part 3..............................................................................................................................................15
P5 : Analyzing data and research using suitable procedures:........................................................15
P6 : Appropriate recommendations because of research and information investigation...............15
P7 : Importance of undertaking study to meet specific goals and gain performance and learning
.......................................................................................................................................................16
M3 : Choice of suitable instruments and methods for accuracy to legitimize proposals..............16
M4 : Evaluation of project administrative procedure to meet specific goals and gain performance
and learning...................................................................................................................................17
D2 : Surveying all perspectives to assess and think about the venture results, the basic leadership
process and improvements of the underlying undertaking administration to help support
proposed suggestions and learning amid of the task.....................................................................17
Conclusion.....................................................................................................................................18
References......................................................................................................................................19
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Managing a successful business project
Introduction
Advancement of digital knowledge over the decade has revolutionized the business activity. The
impact of digital advance has changed the traditional business methods and people are more
interested in using the digital technology to effectively enhance their business activity.
Digital technologies like cloud computing, customer segmentation, social media and mobile
technology has enabled the existing small, medium and big business houses to expand their
horizon. This worldwide communication chain has connected the suppliers, the buyers and the
future consumers. Although the effect of this type of technology can be negative or positive. The
business companies should use them carefully to enhance their business.
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Managing a successful business project
Part 1
P1: Primary aims and Basic objectives of the project
 Aim
The primary aim of the assignment is to evaluate the impact of digital knowledge over the
business activity of TESCO PLC.
 Problem Statement
An organization find it very difficult to efficiently execute all of their functions many time.
They realized that with the help of digital technologies they can enhance their business activity
in a shorter time.
 Project strategy
All business activities of this popular business organization such as production, quality
measurement of the products, marketing, and warehouse maintenance can be executed more
efficiently by using digital technologies. This project considers the required level of digitization
to make the company sustain in the market.
 Project objectives
The main objectives of the project are:
1. To evaluate the effect of digital technologies on all aspects of the business.
2. To choose the right technology for maximum output.
3. To recommend the use of more advanced technologies for the targeted growth of the
organization.
 Performance, cost and time objective
Managers of (sales, marketing, warehouse and product manager), fifty customers and three
employees will give their valuable opinions about the project. The project will be evaluated on
the basis of their opinion (Cerner and Kerzner, 2017).
The approximate time of the project is six weeks and the estimated cost is£400.
 Project scope statement
The project is based on the impact of digital technologies on product quality management,
warehouse management and sales and marketing.
 Included scope
Product quality management
Warehouse management
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Managing a successful business project
Area of sales and marketing
 Excluded scope
There are a few factors, which are excluded from the limit of the project. They are
Total production of the organization
Human resource of the organization
 Success criteria
The project researcher needs to determine the growth and the regression of the revenue earned
and customer satisfaction after implementing the required digital technologies.
 Project assumptions
The managers, customers and the employees whose opinion is vital for the project should
perform their task truthfully.
The specific time and resources should be provided to the researcher.
P2: Project management plan
 To produce a management plan incorporating: costs, scope, time, quality,
communication, risk and resources.
To execute a project management plan the researcher should incorporate a few specific stages.
They are:
1. Planning
2. Execution
3. Monitoring
4. Control
 PLANING
In this first stage the researcher sketches a outline and examine the points to conduct the
assignment. Here the individual must have the specific plan of the required effort needed and the
results, which can be concluded base on the research. The individual also needs to sketch a
flowchart on how the investigate will proceed (Hillson, 2017).
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Managing a successful business project
 EXECUTION
The second stage of research is implemented behind the commencement of the assignment. At
this point, the researcher implements all the planned activities. This is the key phase as all the
planned exercises are required to be utilized as per the needs.
 MONITORING
Once the implementation of the plan it is compulsory to check the outcomes are achieved as per
the guideline. The researcher must be prepared to alter the plan wherever it is required (Hermsen
et al., 2016).
 CONTROL
To reduce the risk factors the entire procedure must be monitored carefully. Such controlling
enables the researcher to set up an suitable approach, which is suitable for the aggressive market.
The researcher must use the following aspects while proceeding with the research. They are:
 Cost- The research cost is £400, which involves the financial cost.
 Scope- The exploration depends on the effect of advanced innovation on showcasing and
deals, item quality support and distribution centre administration.
 Time- The research will take around 6 weeks of time.
 Quality- The nature of the examination will be assessed through the determination of the
exploration.
 Communication- The examination paper will be made in report formation and documents
will cover both the printed copy and delicate to duplicate.
 Risks- There will be some danger to execute the discussed innovation and a few blames
because of inappropriate utilization of the specialized devices. The specialist will make a
powerful research to improve that escape clause.
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Managing a successful business project
P3: Work breakdown structure and Gantt chart
The following stages are required to be done to complete the
Level Activities Description Time
period
High The aim and
objectives
The researcher needs to characterize the point and
the targets with the goal that he can move in a
specific direction
1st week
High Identification of data
collection methods
Primary data collection method has been selected
by the researcher (qualitative and quantitative)
1st week
Medium Analysis of the
collected data
Data collection analysis 2nd-3rd
week
High Findings From the collected data the negative and positive
aspects are collected.
4th-5th
week
Medium Conclusion The conclusion that is made is affective. 6th week
Medium Preparation of project
report
Research process documentation 6th week
Gantt chart
Activities week week week week week week
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Managing a successful business project
1 2 3 4 5 6
Defining aim and objectives do
Data collection and method
identification
do do
Data analysis do do do
Findings do do do
Conclusion do do
Project report preparation do
M1: Plan for project management
Activities Week 1 Week
2
Week
3
Week
4
Week
5
Week 6
Defining the aim and
objectives
Milestone
1
Data collection method
identification
Milestone
2
Data analysis Milestone 3
Findings Milestone 4
Conclusion Milestone
5
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Managing a successful business project
Project report Milestone
6
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Managing a successful business project
Part 2
Project log book
Wee
k no
Dat
e
Update Risk
identification
Impact Effect on
project
Risk
reduction
actions
The task for
the next
week
1 to
2
1-1-
201
8
Research
aim and idea
Upgrading
technology
High Unavailabil
ity of the
latest
technology
Introducing
new
techniques
and the
possibility of
implementat
ion
Technology
evaluation
3 14-
1-
201
8
Identificatio
n of
different
data
collection
methods
Provision of
reliable data
High Data
collection
gives the
proper
direction
Selection Of
data is
important
for
preparation
of a rigid
background
platform for
the research
purpose
Analysis of
collected
data is
required
6 to
7
6-2-
201
8
Data
analysis
Preparation of
interview
sessions and
questionnaire
formation
Mediu
m
Direction
towards the
use of latest
technology
can be
obtained
from
decision
making
ability
Expert
sampling
helps in
gathering
expert data
Data
collection
and finding
8
to9
19-
2-
201
8
Finding and
evaluation
can be done
from the
collected
data from
the
resources
Risk of
aggregation of
the results
from collected
data
High Finding
creates
decision
making
essay
regarding
the
acquired
Sound
method of
research
findings
helps in
reduction of
the risks
Preparation
of the project
report
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Managing a successful business project
like primary
and
secondary
technology
10 4-3-
201
8
Drawn
conclusion
and
inference
Risk
identification
from the
variable
outcomes
Mediu
m
Effect
utilization
is
influenced
by the
conclusion
Use of
perfect and
most
appropriate
techniques
to draw
conclusion
Preparation
of the project
10
to
12
18-
3-
201
8
Standard
format is
maintained
in the
project
report for
communicati
on
Clarity in risk
identification
and
recommendati
ons are
maintained
High It can be
considered
as the
evidence of
the events
relevant to
the project
work
In order to
reduce the
probability
of the risk,
expert
advises are
taken into
consideratio
n
Communicat
ion of the
project report
with the
higher
authorities
P4: Qualitative and quantitative research approach to meet the job requirements
If a detailed is given about the competitive market, it can be considered, for the development of
technology. The digital advancement is very supportive for the business development. In this
section each of the manager of the above stated department is chosen
A set of three questions that has asked to the managers of each department areas follows:
Questionnaire for interview (Managers)
Questions Sales and marketing
manager
Storehouse manager Product Quality
Maintenance manager
How the The sales and marketing The storehouse The item quality chief
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Managing a successful business project
utilization of
advanced
innovation made
the working
methodology
adaptable
manager of TESCO
stated that social media
made the advertising
procedure easier and they
could reach to a huge
number of people within
short time
maintenance manager
stated that the use of
data entry and data
managing software
helped them to
properly maintain the
store house activities
expressed that the
cutting edge item
quality checking
programming has given
them the extension to
survey the deliver
quality.
The utilization of
advanced
innovation fulfills
the clients and
subsequently
guaranteed more
income?
As told by the promoting
manager, electronic
advancement has given
the expansion to build a
gathering in the web
based systems
administration stage and
deliver a gigantic
customer base.
The store house
maintenance manager
has also stated that
the there is a increase
in revenue
The item quality
support supervisor has
said that appropriate
checking of the quality
items being able to deal
with great quality items
and restore the
inadequate items
Questionnaire for employees
Questions Sales and marketing
manager
Storehouse
manager
Product quality
maintenance manager
Has digital
technology
provided you the
scope to perform
your duties with
less physical effort?
The Sales and promoting
administrator said that he
would now be able to feel
more adaptable to contact
with the buyers through
email to get input
The Storehouse
manager also gave
the same response
The Product quality
upkeep chief likewise
said that he feel more
great to deal with client
information in the
product database
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