Strategic Management: CRM Project Development and Implementation
VerifiedAdded on 2023/04/22
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Project
AI Summary
This project outlines the development and implementation of a CRM system for McDonald's by Nexus Ltd, addressing the need for improved data management and security. The project plan includes customer and competitor research, market analysis, and product development, with a focus on minimizing data redundancy and enhancing performance. The project employs a work breakdown structure, organization breakdown structure, and Gantt chart for effective management. Cost variance analysis reveals efficient resource allocation, with an actual cost lower than the estimated budget. The implementation phase utilizes critical path analysis and PERT charts to monitor progress. Issues encountered during implementation, such as manual data recording and scheduling challenges, are addressed. The project concludes with positive outcomes, including improved teamwork and employee learning, and recommendations for further improvement through employee training and quality tool implementation. The actual time taken to complete the project was 64 days, and the actual cost was £114400 against an estimated budget of £120000.
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