Managing Successful Business Projects: Peter's Yard Project Report

This report provides a comprehensive analysis of project management within Peter's Yard, a food and beverage company. It begins by outlining the aims and objectives, focusing on the integration of digital technology for business development. The report includes a project management plan that covers cost, scope, time, quality, and communication, along with a Gantt chart illustrating the project timeline. A small-scale research project was conducted using qualitative and quantitative methods to assess the impact of digital technology. Data analysis, using appropriate tools and techniques, reveals insights into employee perspectives and the benefits of digitalization. The report offers recommendations for project management and digital technology implementation, drawing valid conclusions from the research and data analysis, with a reflection on the value of the research to meet objectives and learning. The research findings indicate that digital technology has a positive impact on the firm, with most employees agreeing on its benefits. The report provides insights into the challenges and opportunities associated with digital technology implementation in the business environment.

MANAGING
SUCCESSFUL BUSINESS
PROJECT

Table of Contents
TASK 1............................................................................................................................................1
P.1 Aims and objective of project .........................................................................................1
Back ground of study .............................................................................................................1
Aims and objective ................................................................................................................1
P.2 Project management plan to covered cost, scope, time, quality and communication .....2
P.3 Work background structure and gaunt chart ...................................................................3
M.1 Project management plan and monitoring objective ......................................................5
D.1 Evaluate the project management plan ...........................................................................5
TASK 2............................................................................................................................................6
P4 Carry out small-scale research by applying qualitative and quantitative research methods..6
TASK 3............................................................................................................................................6
P5 Data analysis of the research using appropriate tools and techniques. ...........................6
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...............................................................................10
M.3 Performance review .....................................................................................................11
M.4 Quality research meet objective ...................................................................................11
D.2 Decision making process and make decision in organisatio.........................................11
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance...................................................................................................................12
Conclusion.....................................................................................................................................13
Reference.......................................................................................................................................14

TASK 1
P.1 Aims and objective of project
Back ground of study
Project management plan is help to determine effective activity to set up the organisation.
In this way project management plan is help to each activity to solve business issues and
development of nation. In this context present report is on the Peter's yard company. This
company basically located in united kingdom and provide different kinds of services in food and
beverages. With this regard report assist to focus on different kinds services and production
department in organisation (Ward and et.al 2016). In such report is to be focus on project
management plan. It helps to development of new project.
In this report is used to digital technology in new project development in organisation. In
this way digital technology is had to be focus on different aspect of working condition. In
addition to this, it also increases competitive advantages that important for increasing efficiency,
sales and save money as well (Ramazani, and Jergeas, 2014 ). Further, it also plays very
important role to make successful economy in the country. Internet also become increasing
which integrated in the business marketing.
Peter's yard company is work on food and beverages sector. This company is help to
expand the business opportunities to expand the business in organisation. This company is to be
focus on different aspect of work and working condition in organisation. Project management
plan is help to develop new project in organisation with the use of digital technology.
The selected business includes different activities of the digital technology that assists to
meet with effective functioning in the business environment. Therefore, they are able to ascertain
relevant information towards the goals and objectives. Brand images of the company also
develops that assists to meet with aims and objectives.
Aims and objective
Aim “ To identify digital technology in small business management, with the use of digital
technology in Peter's yard.
Objective :-
To understand the use of digital marketing in food sector.
To identify the support of project management plan in food and beverages sector.
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To identify the relationship between project management plan and digital technology in Peter's
yard.
To make some recommendation of project management plan with the use of digital technology.
Research question :-
 What is the use of digital technology in food and beverage sector ?
 What are the significance is support by project management plan ?
 What is the relationship between digital technology and project management plan ?
 What are the recommendation on project management plan ?
P.2 Project management plan to covered cost, scope, time, quality and communication
Task Name Duration Start Finish Predecessors
Research Project Mon 12/18/17
Planning Wed 12/20/17
Finding of the topic 3 days Thu 12/21/17 Mon 12/25/17
Statements of problems 1 day Thu 12/21/17 Thu 12/21/17 1
Time frame and
allocation of resources 2 days Fri 12/22/17 Mon 12/25/17 2
Implementation Fri 12/22/17
Literature review 5 days Sat 12/23/17 Thu 12/28/17 3
Selection of correct
research methodologies 1 day Sun 12/24/17 Sun 12/24/17 4
Data analysis and
interpretation 2 days Sat 12/23/17 Mon 12/25/17 5
Evaluation of results and
outcomes 2 days Sat 12/23/17 Mon 12/25/17 5
Project closer
Giving conclusion and
recommendation 1 day Wed 12/27/17 Wed 12/27/17 6
Results of documentation 1 day Thu 12/28/17 Thu 12/28/17 7
Submission of report 1 day Sat 12/30/17 Sat 12/30/17 8
On the basis of this activity is to be focus on researcher is doing work with the help of this chart.
This chart is doing more work with the help of each and very activity of business. With the use
of this different factor are as follows :-
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 Cost :- In order to complete the object researcher is help to set the proper cost to achieve
profit in organisation (Ramazani and Jergeas 2015). Cost is the most important factor to
achieve growth rate in organisation.
 Risk :- In the present study, research work is limited time and cost. Along with this,
participants are unable to understand some questions so that researcher need to provide
them direction to accomplish results.
 Scope :- In order to make effective result in there is wide scope to implement digital
technology at workplace (Ward and et.al 2016). It assists to increase business growth
and profitability in the food sector.
 Communication :- In each and every sector communication is help to increase profit in
organisation. It food sector proper communication is help to increase customer traffic in
organisation.
 Quality :-Quality is another important element that make effective and creative functions
to attain more profits and revenue.
P.3 Work background structure and gaunt chart
In the above work background structure different activity has been performance in organisation.
All the activity is most important in organisation. There are several tasks developed to perform
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effective results in the business unit (Ward and et.al 2016). Further, Gantt chart also prepared
with activities and time frame so that objectives will be accomplish in systematic manner.
figure 1 :- gaunt chart
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Network planing
From the above Gantt chart, it can be stated that there are several activities develops that
assists to frame aims and objectives in significant manner. It is the best way in which Assail can
accomplish their task in significant manner (Ward and et.al 2016). In these regards researchers
is able to do all the information with the use of questionnaire. In this different activity has been
promoted to make effective performances and outcome of the project. All such activity is to be
used in project management plan. It is help to achieve profit and growth in company
performance.
M.1 Project management plan and monitoring objective
In this context project management plan is one of the most important par and make some
improvement in market share. In these regards researchers is able to do all the information with
the use of questionnaire. In this different activity has been promoted to make effective
performances and outcome of the project. It food sector proper communication is help to
increase customer traffic in organisation.
D.1 Evaluate the project management plan
In the above work background structure different activity has been performance in
organisation. All the activity is most important in organisation. Quality is another important
element that make effective and creative functions to attain more profits and revenue.
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TASK 2
P4 Carry out small-scale research by applying qualitative and quantitative research methods
The Peters Yard can be investigated and analysed by using the various research
methodologies. These methodologies can help to identify the effective information and data
regarding the business operations and purpose.
Research Strategy – There are two types of research strategies, qualitative and quantitative. The
main goal of these research strategies is to determine and analyse the various opportunities and
challenges that are faced by the organisation by the implication of the digital transformation and
disruption. The qualitative research refers to a deep study of the subject which is adopted by the
researchers with the specific theory and concept on the other hand quantitative research
strategies uses various tools like t-test, nova test, correlation.
Research Approach – This method helps the researchers to collect relevant data and
information. There are two types of research approaches, Inductive and deductive.
Data collection – The data collection refers to the identification and collection of the most
appropriate data or information that can be analysed for the research. There are two types of data
primary and secondary data.
Data Analysis – Selection of the effective analysis tool is important and essential to get the
desired outcomes and results. The qualitative research tool is more effective in data analysis than
the quantitative one.
TASK 3
P5 Data analysis of the research using appropriate tools and techniques.
1. How long have you been working for Peter yard?
Less than a year
1-5 years
5-10 years
more than 10 years
2. Do you agree that digital technology has impact the working of the firm?
Strongly agree
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Agree
disagree
strongly disagree
3. Do you agree that digital technology can bring innovation in the working?
yes, I agree
no, I do not agree
4. What kind of technology can be implemented by Peter yard?
WiFi
computers
social media
mobile phone
5. What kind of challenges will be faced by the cited firm if the digital technology is
implemented in the firm
Financial issue
customer dissatisfaction
inadequate knowledge
others.
6. Which department will have most benefit if this technology is implemented in the firm.
Operational department
marketing department
Human resource department
financial department
7. Do you agree that the digitalisation will help firm in its growth and will bring innovation in
the firm
Strongly agree
Agree
Disagree
Strongly disagree
Theme 1: Employee working in peter's yard
How long have you been working with peters yard Frequency
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Less than a year 2
1-5 years 5
5-10 years 2
More than 10 years 1
Interpretation and analysis: Through the above discussion it has been analysed that the most of
the employee in the firm has great experience the frequency of the employee is highest in the
group of 1-5 years. 2 of the respondent answered that they have been working in the firm for few
months. While two employees said that they have been connected to the firm for more than 5
years. There even was a candidate that said that he has been connected with the firm for more
than 10 years. Through this research it has been analysed that most of the employee have great
experience of working with the firm and have great knowledge on the impact of digital
technology on the entity.
Theme 2: Impact of technology on the firm.
Do you agree that digital technology has positive impact the working of the
firm?
Frequency
Strongly agree 6
Agree 3
Disagree 1
Strongly disagree 0
Interpretation: Through the above analysis it has come forward that 99% of employees believe
that digital technology have positive impact on the firm. 6 out of 10 respondent strongly agrees
to the positive impact of the digital technology. There was 1 person who was against the motion
and said that no changes has been bought with the implementation of digital technology.
Through the analysis it has come forward that digital implementation has helped in bringing
positive changes in the Peter;s yard. There has been significant change in the working of the
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firm. It has helped in increasing the speed of the operational management and also helps in
saving etc. cost of the firm.
Theme 3 Roles of digital technology in bringing innovation in company
Do you agree that digital technology can bring innovation in the working? Frequency
Yes I do agree 9
No, I do not agree 1
Interpretation and analysis: This section stated that digital technology can bring innovation
within the firm. 9 out of 10 respondent said that yes innovation has been brought in the firm with
digital technology. It can be said that digital technology has played major role in bringing
innovation and development in the firm.
Theme 4. Technology used by peter's yard.
What kind of technology can be implemented by Peter yard? Frequency
WiFi 1
computers 1
social media 5
mobile phone 3
Interpretation and analysis:From this discussion it has been analysed that social media is
the most used tool that has been used by the Peter's yard. From 10 respondent 5 said that social
media is most used tool while three respondent said that mobile phone has been used, 2 people
chooses the remaining two option. It can be said that social media is one of the most used
platform among cited firm as it is a great marketing tool.
Theme 5. Challenges faced by peter yard
What kind of challenges will be faced by the cited firm if the digital
technology is implemented in the firm
Frequency
Financial issue 5
Customer dissatisfaction 0
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Inadequate knowledge 3
Others. 2
Interpretation and analysis: When asked about the challenges faced by firm 5 out of 10
respondent said that financial issue were the major problem for the firm while 3 chooses that
inadequate knowledge has created the problem. Two respondent selected other as their option. It
can be said that as Peter's yard is an small firm finance has been a problem to them
implementation of any kind of digital technology required money which increase the burden on
finance department.
Theme 6. Department with best benefits
Which department will have most benefit if this technology is implemented
in the firm.
Frequency
Operational department 5
Marketing department 2
Human resource department 2
Financial department 1
Interpretation and analysis: In this section researcher analysed that operational
department is the one who is mostly benefited by the digital technology. 5 respondent said that
major changes and efficiency has been bought after this implementation. With the help of this
Operational work of Peter yard has become easier and fast.
Theme 7:
Do you agree that the digitalisation will help firm in its growth and will bring
innovation in the firm
Frequency
Strongly agree 6
Agree 3
Disagree 1
Strongly disagree 0
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Interpretation and analysis: From the above analysis it has come forward that more than
half of the people of the firm has accepted that digital technology will bring innovation and
growth in their working, 3 of the respondent said that they do agree with the importance of the
firm while only one respondent said that no significant change has been made in the firm. From
this it can be concluded that no digital technology play important role in the development of the
firm. It helps in bringing innovation and growth in the firm.
P6 Communicate appropriate recommendations as a result of research and data analysis to draw
valid and meaningful conclusions
The above report states that the Peters yard has adopted the various digital technologies
in a effective way. But still the company needs to effectively implement the different digital
technologies. It can be easily determined by the research study that there are many different
elements and components within the the digital transformation and disruption. The cloud
computing is utilised in the administrative department, mobile technology and social media
which may be used in the connection and communication process to interact with the customers.
The Internet of things, that refers to the allocation and storage of the information, big data
analysis as well as the artificial intelligence within the production. The four components that are
very essential for an organisation or business are communication, administration, distribution
and production. With the help of these four elements the business organisation effectively satisfy
the needs and wants of a customer.
The next conclusion made by the research report is that there are various opportunities
and challenges for the organisation that arises because of the changing technology in the market
place. The beneficial opportunity that arises in front of the organisations is the adoption of new
technology in order to achieve efficiency and increase the productivity of the business. The
various technologies helps a organisation to bring innovation and creativity in the production
process which leads to development and improvement of the overall performance of the business
organisation.
M.3 Performance review
The above report states that the Peters yard has adopted the various digital technologies
in a effective way. But still the company needs to effectively implement the different digital
technologies. The next conclusion made by the research report is that there are various
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opportunities and challenges for the organisation that arises because of the changing technology
in the market place.
M.4 Quality research meet objective
The Peters Yard can be investigated and analysed by using the various research
methodologies. Research work is most important to improve the performance level and make
some changes as per the need of market growth. Effective use of social media, The organisation
can effectively utilise the various social media tools such as big data analyse, mobile
networking, internet of things etc.
D.2 Decision making process and make decision in organisatio
With the help of this research, investigator have gained the deep knowledge and
understanding about the subject that is impact of digital technologies on the small and medium
scale organisation.
Recommendation
There are various recommendations that can be suggested by analysing the report. These
recommendations that can assist the Peters yard to gain advantages and overcome the various
challenges faced due to changers in the working environment or marketplace.
 The business organisation should adopt various digital technologies within each and
every functions of the company like human resource management, marketing, customer's
services, production and many more. It helps to bring effectiveness and efficiency in all
the areas of an organisation.
 The Business optimisation and automation can be implemented with the help of latest
technologies.
 The new technologies can be used to to execute and perform various organisational
functions that can support an organisation to generate more profit and production.
 Effective use of social media, The organisation can effectively utilise the various social
media tools such as big data analyse, mobile networking, internet of things etc. Due to
this the organisation can reach to a large audience and promote their products and
services.
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P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance
With the help of this research, investigator have gained the deep knowledge and
understanding about the subject that is impact of digital technologies on the small and medium
scale organisation. It have been identified that digital technologies have great impact over the
Peter's yard. With the help of this report, I have learned and gain knowledge about the different
digital technologies that have been used by the organisation and how that technologies can be
implement to create a drastic change in the performance and productivity. With that I have
learned that there are several other aspects where digital technologies can be implemented rather
than marketing such as production, supply chain, procurement of resources, collecting and
analysing financial information etc. Other than that I have gained deep knowledge about the
cloud technology, social media and mobile technology, ‘The Internet of Things', Artificial
intelligence and big data analytic. With the help of deep knowledge and understanding of these
subject I have leaned that how does the different challenges can be solved related to digital
technologies. Other than that I have learned that every chapter of the investigation plays
significant role in conducting the investigation. it has ascertained that the following research has
assisted me in developing my research and analytical skill because I have used various methods
and concept in order to identify the importance of digital distinction and transformation.
Conclusion
It can be concluded from the project report that digital technologies plays very significant
role in enhancing the business performance, productivity and revenue. As it is the ear of digital,
every individual are using the different digital technologies in order to make their life easy.
Other than that small business have started using the different technologies in order to make their
operations and activities more flexible. Thus, it can be said that digital technologies have great
impact over the performance of the small business organisation like Peter's yard.
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