Project Management: Assessing Digital Technology Impact on Tesco

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This report provides a detailed analysis of the impact of digital technology on Tesco, a major supermarket chain in the UK. It begins by outlining clear aims and objectives for a project focused on digital transformation, followed by a comprehensive project management plan that incorporates costs, scope, time, quality, communication, risk, and resources. A work breakdown structure and Gantt chart are presented to provide timeframes and stages for project completion. The report includes small-scale research using qualitative methods, particularly questionnaires, to gather data from respondents. The research methods are evaluated for accuracy and reliability. The analysis of research data leads to appropriate recommendations aimed at improving Tesco's operations through digital technology. The report also reflects on the value of understanding the research in meeting stated objectives and enhancing personal learning and performance. It concludes with a critical evaluation of the project outcomes, the decision-making process, and any changes or developments in the initial project management plan, supporting the justification of recommendations and learning throughout the project.
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MANAGING A SUCCESSFUL BUSINESS PROJECT
Table of Content
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Introduction......................................................................................................................................3
Part 1- Project Management Plan....................................................................................................5
P1 Devise clear aims and objectives for your project.........................................................5
P2 Produce a project management plan incorporating: costs, scope, time, quality,
communication, risk and resources.......................................................................................7
P3 Produce a work breakdown structure and a Gantt char to provide timeframes and
stages for completion...............................................................................................................9
M1..............................................................................................................................................11
Part 2 – Project Log Book.............................................................................................................12
P4 Carry out small-scale research by applying qualitative and quantitative research
methods appropriate for meeting project aims and objectives........................................12
M2 Evaluate the accuracy and reliability of different research methods applied..........14
D1 Critically evaluates the project management process and research methods used.
...................................................................................................................................................15
Part 3- Performance Review..........................................................................................................16
P5 Analyse your research and data using appropriate tools and techniques...............16
P6 Communicate appropriate recommendations as a result of research and data
analysis to draw valid and meaningful conclusions...........................................................25
P7 Reflect on the value of understanding the research to meet stated objectives and
own learning and performance.............................................................................................26
M3 Evaluate appropriate tools and techniques for accuracy and authenticity to
support and justify recommendations..............................................................................27
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M4 Evaluate the value of the project management process and use of qualitative
research to meet stated objectives and support own learning and performance.........28
D2 Critically evaluate and reflect on the project outcomes, the decision making
process and changes or developments in the initial project management plan to
support justification of recommendations and learning during the project....................29
Conclusion.....................................................................................................................................30
References......................................................................................................................................31
Introduction
Digital technology is very useful and offers a great contribution for transforming human
being’s life. There are numerous organisations in UK who get benefited with the adoption
and utilisation of digital technology in their operations. In this report, the analysis will be
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made regarding the effect of digital technology on an organisation like Tesco, a chain of
super market in UK. Firstly objectives and aims for implementing a project will be made
and after that there will be a preparation of project plan. Use of Gantt chart and work break
down structure will also be there for deciding completion stages and timeframes. There will
be a conduct of small scale research with the help of qualitative method. Use of
questionnaire will also be there for collecting information from respondents and at last
analysis of data will be made and recommendations will be presented in order to drive
outcome.
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Part 1- Project Management Plan
P1 Devise clear aims and objectives for your project
In today’s world, digital technology or digitalization is being utilized by each and every
organization as it supports in developing fast and creative activities. Apart from this,
digital technology likewise supports in expanding overall turnover and profit and also
builds up proper arrangements of products in a company. Proper management of
responsibility in an association is considered as the normal and straightforward
procedure which is being developed by finance and human resource department of
Tesco for the attainment of specific objectives and goals. The major responsibility of an
organization is developed by making an investigation of time and cost in relation to
tasks. As per Tesco, their main aim is to make use of digitalization successfully so that
clients and customers may have fast delivery of services and goods (Papke-Shields and
Boyer-Wright, 2017). For the accomplishment of several tasks, it is very important to
note down few targets and points which are easily achievable so as to have effective
and efficient working. Distinct objectives, as well as purpose which are built up by a
company, can be defined as:
Aims
To develop and grow the utilization of digital technology for the purpose of
communication which may include a mobile device, internet, and apps so that it
will be able to support association in order to compete with other associations.
To make development of security system with the feature of digitalization.
To increase efficiency as well as the effectiveness of an association with the
support of digital consultants.
To computerize activities of business for smooth redirection of financial and labor
resources (Archibald, et. al., 2012).
Objectives
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The vital purpose is to apply digitalization in the operations of business so that
there will be an increase in business productivity.
Another impartial is to make provision for security and safety in a business so
that information can be protected easily.
Establishment of digital advisors for the better as well as fast conversation and
communication with customers.
Use of digital technology for making administration of large teams (Cicmil, et. al.,
2017).
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P2 Produce a project management plan incorporating: costs, scope, time, quality,
communication, risk and resources.
Plan of project management is termed as the proposal which is used for implementing
and making introduction of a plan for a particular situation so as to achieve purpose and
objectives of an organization (Nylen, 2015). The preparation of plan is done by Tesco
for the ascertainment of importance and impact of digital technology.
A project management plan for the incorporation and analyzing the effect of digital
technology in Tesco is being mentioned below:
Cost An important role is being played by cost in each and every
association. Several aspects are there which needs to be taken
into consideration for making establishment of the digital
technology plan. In this phase, overall cost of the project will
be planned regarding different resources such as time, human
resource etc. which are required for making the establishment
of programs (Nylen, 2015).
Scope Digital technology’s market is trending and is on top due to
numerous reasons. It contains large scope for various associations
who are operating in changing world. With the support of
technology, there is a creation of many jobs as it is a flexible, easy
and new thing. Tesco can also make fast reach to their clients with
the use of such plan. There should be a creation of communication
plan also so that smooth communication will be there with
stakeholders and clients.
Time Appropriate time estimation is significant in regards to the
administration of project. Analysis of this phase is very important for
managers. For the effective management of time, it is necessary to
analyze what activities are required. Entire project of digitalization
will be finished in the time duration of 31 days. Allocation of different
activities and the preparation of list will be there in order to reduce
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issues regarding resource administration (Cicmil, et. al., 2017).
.
Risk It is very significant to consider this phase as it is one which may
lead to project failure. Several risks are there which are in
association with digital technology project. There are many
individuals who are not in relation with digitalization and hence can’t
be reached online which is a problem in the development of
productivity. Trends of digitalization changes in a rapid manner
which may raise a problem for clients and employees for making
proper coordination which is considered as another risk.
Quality There should be proper maintenance of quality in order to be
successful in a market. The project will only be successful if it will
have good quality which will satisfy customers (Marshall and
Rossman, 2014).
Communication Effective as well as efficient communication must be established
with the support of appropriate communication channel. There must
be an establishment of correct networks so as to ensure good
communication movement by successfully and proficiently
accomplishing programs.
Resources The resources which are needed by Tesco for the implementation of
project plan are finance, human resource and time. Financial
resources are most important which are utilized by trade for
analyzing digital technology’s impact.
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P3 Produce a work breakdown structure and a Gantt chart to provide timeframes
and stages for completion.
The work breakdown structure is being utilized to make the description of efforts which
are required for making the production of products and deliverables. It is termed as the
subdivision of activities of the project in diverse areas initiating with the lowest ( Harrison
and Lock, 2017). This kind of structure helps in giving a foundation in regards to project
management which included planning, allocation, scheduling, estimation etc.
Activities Duration (Days) Specifications
Development of a plan 3 It is the first stage in the
whole project plan where
various aspects and factors
of the plan are being
analyzed and all types of
arrangement are done
according to the plan.
Data assortment 5 In this stage of the project
plan, all types of
information and data are
being collected for the
purpose of identifying
strategy of the business.
There is also a preparation
of budget plan (Marshall
and Rossman, 2014).
Project observation 4 All types of events and
activities which are included
in the preparation of project
are evaluated here. All
sorts of necessary action
are being taken for
monitoring all the activities.
The range of a project 7 In this phase, there is an
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examination of different
objectives and aims in
regards to the whole project
and its purpose is also
explained here.
Procedures and task
analysis
6 In this stage, there is an
explanation of different
probabilities regarding
improvements in tasks.
Knowledge and information
are also exchanged in this
phase.
Supervision of resources 5 Resource supervision is
being done for the purpose
of making a project plan.
Resources are like a
human and social resource.
These are all needed to
generate prompt
arrangements if required
(Marshall and Rossman,
2014).
Gantt chart
There is a development of Gantt chart for making a graphical presentation of tasks
which are required to get finished in a specific time. It is being used to make project
plans and provides assistance in displaying completion time of an activity.
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M1 Produce a comprehensive project management plan with clearly planned
milestones and a schedule for monitoring and completing the aims and
objectives of the project.
The project supervision plan which is productive supports in making completion of
events as well as activities in a particular period of time. Significantly finished tasks and
events will aid in increasing overall project effectiveness and will also give assistance in
attaining objectives and aims of a project. Preparation regarding administration of
project is done by the manager of the project in Tesco for making scheduling of tasks in
an appropriate way. Plan of the project includes risk factors, milestone, the system of
communication and scope. Milestone scheduling of the project is mentioned below
(Kerzner, 2017).
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