Project Plan: Impact of Digital Technology on Roger W Smith's Business

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Added on  2020/06/04

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AI Summary
This project plan focuses on assessing the impact of digital technology on Roger W Smith, an independent watchmaker. The assignment begins with a project definition, outlining the problem statement, which emphasizes the importance of digital innovation for business growth and customer satisfaction. The project strategy involves both primary and secondary data collection methods. The project objectives are clearly defined, aiming to determine the impact of digital technology on Roger W Smith's business, examine its role in fostering growth and innovation, and identify related benefits. The plan includes performance, cost, and time objectives. The deliverables are defined as the outcomes of the research. The project scope statement clarifies included and excluded work. Success criteria are established to measure the project's achievements. An implementation plan is provided, featuring a work breakdown structure and a Gantt chart for scheduling. A communication plan outlines task durations and predecessors. The plan also covers small-scale research applying both quantitative and qualitative methods. The project will involve research and data analysis using appropriate tools to formulate recommendations.
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Project Plan
Managing Small Business Project
Client Name:xxxx xxx
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Contents
a. Definition.........................................................................................2
Problem Statement....................................................................................3
Project Strategy.........................................................................................4
Project Objectives.....................................................................................5
Performance, Cost, and Time Objectives....................................................................5
Deliverables...............................................................................................6
Project Scope Statement..........................................................................6
Included Scope............................................................................................................6
Excluded Scope...........................................................................................................7
Success Criteria........................................................................................7
b. Implementation Plan.......................................................................7
Work Breakdown Structure......................................................................7
Schedule (Gantt Chart).............................................................................8
Communication Plan...............................................................................10
c. TASK 2...........................................................................................12
P4 Small-scale research by applying quantitative and qualitative
research methods...................................................................................12
d. TASK 3...........................................................................................14
P5 Research and data using appropriate tools....................................14
e. 14
P6 Appropriate recommendations........................................................23
P7 Undertaking the research to meet stated objectives.....................24
f. CONCLUSION................................................................................24
REFERENCES.........................................................................................25
a. Definition
Intro to sections
Digital technology is beneficial concept which different business firms
followed in this present time period. It is helpful in conducting the business in a
better and effective manner. In order to conducting the activities and operations of
business in a better manner, organization use the various the advanced technology
in its business in a better manner This given assignment is based on the Roger W
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Smith watch and it is an independent watch maker. This company designs,
produce and sold the wristwatches which attracts the people most. In this mention
report discuss about the objectives and aims of project.
Problem Statement
Include problem statement
Advanced innovation is a standout amongst the best improvement that has
been occurred in the business condition. This element is being incorporated by
every one of the associations in order to do their activities in a compelling way.
By executing these sorts of advancements, the organizations open different sorts
of chances for them through which they increment development and improvement
open doors too. There are different sorts of advancements that are presented in the
computerized world and organizations are endeavoring to take in these strategies
so their work can be finished before time and with no issues.
All these association comprehends the significance of development in
innovation and that is the reason they are making full utilization of it in order to
enhance their business exercises. Accordingly, Roger W Smith is likewise
required to make utilization of these procedures and enhance their business
exercises and furthermore go into computerized world which will enable them in
picking up efficiency and also gain at the market to put too.
In today’s business environment, implement innovation is very essential
for every business organization as it is very essential for every enterprise to offer
something new to its customers in order to satisfy their needs and to retain them
for a long time period. Today needs and wants of customers change on a fast
speed they either want a new product or new feature in existing product in order
to satisfy their needs. In order to manufacture and offer something new to its
customers, it is very essential for an entity to have require number funds and other
resource in order to implement innovation at workplace in an effective manner.
One of the main benefit of utilize technology is that it not only implement
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innovation at workplace but at the same time help in make large number of
customers inform about it. Various communication platforms are there which can
be utilize by firm to interact with customers and to attract them towards
company’s products and services. All this help in make the innovation more
successful and provide competitive benefit to entity. With effective innovation
entity can move a step forward from its rivals and can capture a larger market
share.
Project Strategy
Describe project strategy and why you chose it.
Advanced innovation is an exceptionally renowned idea which is presently
being executed in each association. There are such a significant number of sorts of
new businesses which are coming up in the business condition which are making
full utilization of advanced innovations for directing their exercises. Through this,
economy of nation is additionally expanding at a quick rate. Advanced innovation
upset the method for leading the business and has opened different new ways and
open doors for the organizations who need to develop their organization in the
market. Private companies are having great information about the advancements
and in this manner they can make full utilization of it and if any representative
isn't having learning so legitimate preparing is being given to them so they can
lead their work in a compelling way.
In Roger W Smith too, they are wanting to go into computerized world so
they should be prepared about it as they may confront different sorts of
inconsistencies while propelling this new change. They are propelling their own
particular site and a period following programming which is an extremely
inventive advance for them as they will have the capacity to draw in progressively
no. of clients after this.
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Primary data: This aspect is use to indicate that information which is collected by
firm by utilize various methods such as interviews, observation, questionnaire and
many more.
Secondary data: In this, manager collect and examine already available data in
order to draw conclusion. This method is very cost effective and time saving.
Project Objectives
List project objectives.
Aims- “To determine an impact of Digital Technology on Business Activity”. A
Case Study on Roger W Smith.
Objectives:
11 To determine impact of digital technology on business of Roger W Smith.
1
1 To examine importance of digital technology in implement growth and
innovation at workplace.
1
1 To identify the various benefits related with utilization of digital
technology at workplace.
Performance, Cost, and Time Objectives
Cost- It is related with project and it can be high when company trying to
enter in to online, market but through this operations of business not
impacted. Roger W Smith provides the unique and better quality of
watches to people through expanding business in to online.
Time- It plays necessary role in implementing the project in better
manner. In order to accomplish the all set objectives,it is necessary that all
the activities should be finished in a given period of time. Regarding this,
manager should set the time duration of very task.
Performance- When firm will be enter in to the new market, then project
scope will be high. From this profit level of Roger W Smith will be
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enhanced in effective manner. Through this, firm can get the better
opportunities to increase its business activities in a better manner.
Deliverables
Expressing the purpose or outcome in a tangible or intangible form (i.e product or
service)
The expectations should be possible either in unmistakable or immaterial
shape. According to the ebb and flow explore directed, the expectations can be
surveyed by the results of the examination led. In this it will be uncovered that
whether the spontaneous creation done in the business exercises of Wilton way
bistro is giving a constructive outcome in them or not.
Project Scope Statement
Describe what is included in the project and what work is excluded.
This is likewise a standout among the best factor which the undertaking
administrator is required to consider while outlining the venture design. Through
this, the administrators will come to realize that the venture is plausible or not and
will help them in accomplishing development and advancement in future also. In
Roger W Smith, they are required to break down that in the case of going into
computerized world is a decent choice taken by them and will they develop or not
after this.
Included Scope
The scope consists of the following:
The ramifications of actualizing advanced advances in the exercises of the
association.
The impact of advanced innovations in organizations is in positive way or
negative way.
Excluded Scope
Work not included in this project is:
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The issues looked by the specialist while directed the examination think
about.
The different sorts of proclamations arranged for leading the venture in a
suitable way.
Success Criteria
Describe how you will measure success of the project.
The achievement criteria of the present undertaking is to exhibit the
spontaneous creations that have emerge in the association after the usage of
computerized innovations in Wilton way bistro. On the off chance that the
progressions are certain then one might say that the organization is going ahead
current way and the favorable circumstances are sure also. The survey of clients
will likewise be take in which they sick be gotten some information about their
prior experience and additionally current experience and what sort of changes do
they feel in the association after the presentation of their sites too.
b. Implementation Plan
Intro to implementation plan
Research refers to the process in which an investigator uses the various
techniques as well as methods to gather the information in addition to get
different opinions of different persons. With the help of collecting accurate data,
managers of Roger W Smith can take the better decision regarding the company
and also develop better action plan. Action plan is helpful in guiding an
investigator at the time of conducting whole investigation and assure about finish
all activities ion better manner.
Work Breakdown Structure
Include reference to WBS document or include an image of it.
Work break down structure- It refers to the project deliverable which organize
the work of a team in the manageable parts. Its main motive to minimize the all
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difficulty activities to completion of given task in a better manner. It is necessary
that task should be independent and measurable with the proper explained limits.
Under this activities are divided in to the sub parts so from this staff members will
not face any issue and complete work with in a given period of time.
Schedule (Gantt Chart)
Include the Project schedule.
Gantt chart- It is a graphical tool which displays all the necessary
activities against proper time period. Under this, all activities should be performed
in particular time period. It is generally uses in the project management and
helpful in explaining all the tasks in sequential manner which need to be
complete. In addition to this, there are some of the research related activities and
time duration for finish them are given below:
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C. Project Processes
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Intro to processes.
It is extremely essential for the task chief to ensure that every one of the
means of the undertaking administration design is being followed in a fitting way
with the goal that the set objectives and destinations can be accomplished in a
suitable way. In this manner for legitimate usage of the exercises; arranging,
execution, checking and conclusion is to required to be done in suitable way.
Every single undertaking is required to have begin and in addition end date and it
is the obligation of venture supervisor to ensure that the task is finished on time
and without acquiring any sort of additional cost too.
Communication Plan
S. no Task Name Duration Start Finish Predecessor
1 Identify an issue 3 Days
2 Literature
review
8 Days 1
3 Clarify problem 6 Days 1,2
4 Clearly define
terms and
concepts
5 Days 2,3
5 Define
population
4 Days 4
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6 Gathering
relevant data
10 Days 5
7 Analysing data 4 Days 6
8 Recommendatio
ns and
Conclusion
1 Day 7
Submission and
report
1 Day 8
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c.TASK 2
P4 Small-scale research by applying
quantitative and qualitative research
methods
It is necessary for investigator to carried out the investigation in a better manner to
develop good outcomes (Incelli, 2013). Regrading this, researcher should select the better tools as
well as methods. Through using the better tools, investigator van transform full research in to
analytical so that research can not face any issue. It is necessary that data collection analysis
should be completed in better manner. Under this, there are three main methods of research and
these are:
1
1 Quantitative
1
1 Qualitative
1
1 Analytical
Under this, researcher uses the quantitative as well as qualitative method for doing
research in a better manner. They both are very beneficial and less risk is involved in this. In
context to gathering accurate or relevant data, there are two main methods and these are primary
and secondary.
Primary method of collecting data- Under this, information and data are used for first
time and the tools of collection data are questionnaire, surveys, observation and personal
interviews. In addition to this present report, there is a questionnaire prepare by research to know
about the perceptions of consumers.
Questionnaire
Name:
Gender:
Age:
Contact number:
Q1) Does digital technology provides any advantages to business of Roger W Smith?
a) Yes
b) No
Q2) Does Roger W Smith organisation using digitalisation for increasing productivity of business?
a) Yes
b) No
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