Managing Successful Business Projects

TASK1

P1 Project aims and objectives

The aim of every business organization is to accomplish the given task and objectives in a efficient and effective manner. This is possible only if the company thinks about and implements some innovative structures and technology. In order to achieve the target goal in the specified time period the best technology is cloud technology. This technology relies upon the sharing of data in order to achieve coherence and along with this, it helps minimise IT costs. Additionally, it helps in meeting the unpredictable demand. It is very much helpful in sharing and transferring information from one individual to another. In simple language, it is a technology through which the resources are acquired from network-based tools and applications.

Continental Consulting Limited company, has taken into consideration cloud technology in order to upgrade and renovate the company facilities so that the company can give stiff competition in the market.

Topic: “The role of digital technology in enhancing small business”

Background of research:

Continental Consultancy Limited is a business and research consultancy, this company has adopted the new innovation technology named “cloud technology” so as to upgrade and renovate the facilities in order to sustain in the market.  Mario Bindas who is the owner of the company under whom there were 22 expert consultants and researchers. The owner at the time procured with latest technology equipment but with the passage of time, the technology used by the company got obsolete. This was one of the reasons which made the owner feel about upgrading the use of IT technology ( like “cloud technology”) so as to maximize the company's capabilities.

Research Aim:

The aim of this research is “to determine the effectiveness of cloud technology in achieving business growth”. A case study on  Continental Consultancy Limited.

Research objectives:

• To determine the significance of cloud technology.
• To study the basic concept of cloud technology.
• To analyse the challenges faced by Continental Consultancy Limited in achieving growth.

Research questions:

1. What is the role of cloud technology in upgrading Continental Consultancy Limited?
2. What are the major challenges faced by Continental Consultancy Limited to achieve growth in the market?
3. What are the basic concepts of cloud technology?

P2 Make a project management  plan that covers various aspects

Project management plan

The process of management in which planning, organising, initiating, executing and controlling all the functions are performed for a specific project. The main focus of project management is to effectively manage the resources towards the objective of the company. Here the organisation is Continental Consulting Ltd which is a business consultancy group which is trying to maintain the potential of engineering people in the company. Here the weakness of the company is addressed as less effective in the upgradation of their technology and the organisation is trying to implement all the possible solutions that can solve this problem. So it is important for Continental Consulting Ltd to make an effective project plan in which all the issues and aspects of the company can be efficiently solved. The company is applying cloud technology in their business so that it can grow and innovate.  There are various aspects that helps in making an effective management of project are as follows.

Cost- The amount of money which is needed  for establishing all the equipment which are needed to set up the cloud technology for Continental Consulting Ltd is considered as its cost

Scope- The range of view is known as scope. In the context of the company scope for the business process is to the future possibility in the advancement of the technology that can aid business to grow. The expansion of business in various locations can also be done which helps Continental Consulting Ltd to reach far customers.

Time- The company have to make a deadline or limit of time in which they can set up all there equipment all over the places around. In Continental Consulting Ltd the company have to decide time frame of each and every task so that the management of time can be done and focus can be given to different processes of working also.

Quality- Before installing all the equipment and machinery regarding the cloud technology the quality manager should ensure the proper quality of management. If in Continental Consulting Ltd, the overall quality is matching the standards of the company or not. If not then delivery of the product can be rejected by the quality department of the company.

Communication- Effective communication is always needed which helps in maintaining the connection with the different employees working in various departments of Continental Consulting Ltd. This helps in resolving all the issues and conflicts that arise during the working process. The issues could be related to technological functioning, behaviour of employees etc.

Risk- The chance of losing the value of something is known as risk. In the context of organisation, the risk is in the form of data security and environmental effects like rain, and snowfall which can harm and damage the machinery and equipment at a particular location. So the company needs to also install safety equipment which can make their machinery safe and secure from these threats.

Resources - The infrastructure of the company should be sound which helps in proper management of the function. The resources that is the funds should be allotted in the proper time implementation of the machinery could be done easily. In Continental Consulting Ltd the resources are in the form of information and machines so they should be timely allotted for effective project management.

UPTO55%

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