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Unit 6: Managing a Successful Business Project Assignment Sample By Native Expert.
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The term "business transformation" refers to any shift, realignment, or significant change in corporate operations (Ismail, Khater, and Zaki, 2017). The reimagining of flexible workplaces to accommodate changing types of work, personnel, and technology is referred to as workplace transformation. The workplace is always altering to keep up with the quick pace of technological advancements and globalisation. To better align the company's business strategy and vision, the goal is to make changes in business processes, people, or systems (technology). Employers may reap the advantages of workforce transformation in a variety of ways, including
Increasing motivation and performance by empowering people to work more efficiently. Improved teamwork and communication may lead to new ideas and more efficient use of resources. As part of this research, Sainsbury's is examined for how digital transformation has impacted the retail organisation, as well as for the project management approach used to implement the project. As a result, a small-scale project is carried out that makes it easier to understand the major elements for establishing a roadmap to a contemporary workplace and gives some suggestions for the future strategic direction of developing a roadmap for Sainsbury's. Secondary and primary data will also be used in conjunction with news releases to better assess the impact of digital transformation at work.
The four stages of managing a successful business project life cycle initiation, planning, execution, and closing. These stages provide the road that leads from the begin to the finish of the project.
This is the first step in developing a strategy for addressing a business need, an issue, or an opportunity for the team(Gusakova, Ovchinnikov, and Volkov, 2019). During this stage, one should evaluate the project's purpose, assess if the project is viable, and identify the project's primary deliverables.
The initiation phase of a project may comprise the following steps:
Once the business case, work plan, or project commencement document has been accepted, the planning phase begins. Once the project is broken into smaller tasks, the team is put together, and the timetable for each work is established, this phase is when the project management process begins ((Jimenez-Ramirez et al., 2019). Create a series of smaller objectives inside the bigger project, each of which may be completed within the given time limit. Smaller objectives should have a higher success rate.
The following are possible steps in the project planning stage:
The plan is put into effect during the execution phase. Project managers in these stages of the project life cycle are responsible for keeping the project on track, coordinating team members, managing timeframes, and ensuring work is completed according to plan (Harter et al., 2020). The execution process in this project management phase includes:
Closure occurs when the project team has finished their task. The final deliverables, the discharge of project resources, and the determination of the project's success are all part of the closing phase (Tongo, Oluwatayo, and Adeboye, 2021). It doesn't imply that the project manager's job is done because the bulk of the project work has been completed. There are still vital things to accomplish, such as assessing what worked and what didn't.
Even though each project is unique, one doesn’t have to build from zero every time. By looking at it from every viewpoint, it is possible to ensure that you are on the proper path (Tijani?, Car-Puši?, and Šperac, 2020). To estimate a project, a project manager should take into account the following:
A project's success or failure is directly related to the team's composition. An ideal situation for the project to be finished on time and to an acceptable standard is when you have a smaller crew, rather than a larger one (Bjorvatn and Wald, 2018). Additionally, there is less chance of miscommunication or individuals losing out on important information when there is a smaller team.
The customer will have a huge say in the project's timetable since they often have unavoidable deadlines to accomplish certain business objectives. A critical part of the project is to establish clear expectations and a timeline for the major deliverables. Regardless of how the budget is assessed, a timetable problem is usually a budgeting problem. Making sure that the project schedule is in accordance with the budget is an important step in ensuring that the project will be delivered on time.
Understanding that although some projects could be similar, no two will ever be the same is the most important part of this. Too many factors are at play to assume that one situation will be identical to another (Kuusinen, 2018). Different customers, various teams, and different goals. One needs to establish the correct balance between all of these aspects to ensure that the project will be a success.
Project management methods are used in a system to make project completion easier, more doable, and more realistic. This is done via the use of project management techniques. However, regardless of the project's criteria, these five project management methods have been introduced time and time again.
Due to the visual component of the PERT approach, it is frequently used. To convey a project's chronology visually, the charts are being used to create visual representations of the timeline. Using the PERT approach, one may build a thorough plan, and then monitor milestones and progress graphically in a chart-like fashion (Ba'Its, Puspita, and Bay, 2020). Long-term projects, when visualising a tangible schedule is important or for bigger projects with particular obstacles are best suited to the PERT technique.
As an outgrowth of traditional, uncomplicated planning and project management fundamentals, the Waterfall method elevates this approach to a new level. A project is broken down into phases, each of which is dependent on the previous one's completion. Linear in the sense that "1, 2, then 3..." being the desired sequence of events, it leaves little space for unforeseen deviations (Kramer, 2018). For simple task breakdown structures or projects where you know there will be a few challenges, this project management style is suitable.
The Kanban project management method was developed by a Toyota engineer to optimise the production process. It is based on cooperation and fundamental project management concepts. PERT-like workflow but using task cards instead of a graphical representation of the process.
This style of project management has been around since the 1940s. The first step is to identify the project's most critical activities and then estimate the time it would take to perform them (Chang et al., 2019). It is necessary to outline all the tasks that need to be completed, how long they take, and any external events that may impact each milestone to meet the finish date.
The sound of this project management method is more serious than it is. Because of this, it promotes openness and cooperation rather than rigidity in the planning process(Fayaz and Kim, 2018). There are no formal phases or techniques in Extreme, which makes it perfect for bigger and more complicated projects where there are a lot of variables and uncertainties.
The first step in doing research is to define the research aim and objectives, which act as a guide for the research process (Smith 2015).
Aim: In this study, the primary aim is to determine how digital technology has changed the way businesses operate today.
Objectives: The following are the research objectives defined by the study goal:
To determine the influence of digital technology on workplace transformation
To identify the areas at Sainsbury's that have been altered by the introduction of digital technologies
To determine how digital technology has affected many aspects of a company's operations.
Gantt Chart:
Activities |
Week 1 |
Week 2 |
Week 3 |
Week 4 |
Week 5 |
Week 6 |
Week 7 |
Week 8 |
Week 9 |
Week 10 |
“Deciding to implement a project” |
||||||||||
“Initiation of research” |
||||||||||
“Collection of primary data” |
||||||||||
“Collection of secondary data” |
||||||||||
“Analysing the data” |
||||||||||
“Initiation of the project” |
||||||||||
“Gathering required resources for the project” |
||||||||||
“Formation of the budget plan for the project” |
||||||||||
“Execution of the project” |
||||||||||
“Application of different talent management strategic approaches” |
||||||||||
“Review the outcome” |
||||||||||
“Collection of feedback” |
Sainsbury's has experienced a significant loss of business as a result of the shutdown of physical stores as a result of the current pandemic scenario. Thus, the digital transformation project and the implementation of automation and robots in warehousing will result in fewer human tasks, which will save the organisation time and money (Rodrigues et al., 2019). Thus, the project will begin with market research to ascertain the wants and desires of customers as well as the trends that exist in the retail business in the United Kingdom. The full project will take around two and a half months to complete, including monitoring and control. Additionally, risks will be monitored and analysed continually by the project management team, and an appropriate contingency plan will be developed to ensure the project's smooth implementation. Following quality control, the project manager will analyse and verify performance at each step of the project's life cycle to guarantee timely completion.
The analysis cost is determined as the researcher's net expenses for the whole investigation. It is also critical from a cost management perspective for the assessment. To manage expenditures effectively, it is necessary to understand the numerous procedures involved in resource allocation. It must work properly regarding the discovery. This must be accomplished. The current study report will cost 5000 pounds. This is accomplished by efficiently allocating and spending expenditures for various types of required tasks necessary for efficiently completing the whole study of the project. The Project is intended to deliver substantial and prominent information to learners and future researchers on this pertinent issue because of this.
Risk Register:
“Risk” |
“Probability” |
“Impact” |
“Size” |
“Mitigation measures” |
“Residual risk” |
“The chosen topic is unsuitable” |
Low |
Medium |
Medium |
· “Try to match the topic initially” · “Look at the right resources” · “Confirm the topic with the teacher” |
Medium |
“Wrong planning of tasks and project plan” |
Low |
Medium |
Medium |
· “Double-check with the teacher about the plan” |
Medium |
“Not enough time allowed for conducting the interviews “ |
Medium |
Medium |
High |
· “Receive confirmation from the organisation about the interviews” |
Medium |
“The collected data is not enough relevant” |
Medium |
Medium |
High |
· “Double-check the collected data” · “Look for another way to get the required data” |
Medium |
“Delaying with Project Submission” |
Medium |
Medium |
High |
· “Check and Measure the risk again if anything changes” · “Try to finish before the deadline” |
Medium |
Therefore, the entire project will be monitored and traced by conducting meetings with the stakeholders for effective project management. Stakeholders will be encouraged to participate in decision-making and project direction conferences via team discussion using a variety of communication methods (Derakhshan, Turner, and Mancini, 2019). Monthly team meetings will be conducted here to address important topics such as developing concerns, the need for change, and new strategic directions, among other things. Verbal and nonverbal ways of communication both work to maintain such secrecy. In both written and oral communication, language is at the heart of everything.
Interviews have been conducted among two managerial executives of Sainsbury’s to analyse how digital transformation has affected the organization so far.
R1: Quality items at reasonable prices, excellent availability, and knowledgeable Sainsbury's associates are what consumers expect when they shop at our shops or on Sainsbury's online. The customer experience has been enhanced by new technologies, and we've been focusing on three areas: speedier supply chains, better self-service checkouts, and coupon-at-the-till technology.
R2: The use of digital coupons as well as self-service checkout helped a lot to conduct business during the pandemic. Also, the online delivery system helped to provide contactless delivery which in turn helped our business to conduct business even in the pandemic.
Digital sales at Sainsbury's are also still double what they were before the Covid-19 pandemic. According to Nielsen data, the store claims to be the second-largest online grocery shop. In the first six months of its financial year, 17 percent of its grocery sales were made online, up from 15 per cent last year and 8 per cent two years ago. this is a big increase. No new sales were made in the digital market (Rohwer and Topi? 2019). “In the 28 weeks ending September 18, 2021, Sainsbury's recorded revenues of $15.7 billion. Pre-pandemic 2019, we were 5.2 per cent ahead of where we were at this time last year, and 5.3 per cent ahead this year”. Retail sales were “£14.9bn, up 0.2% from the previous quarter and 7.3%” from a year before.
Sainsbury's claims it is now the second-largest online food retailer, with 17 per cent of Sainsbury's grocery sales taking place online, despite a drop in online grocery demand. Both selection rates and basket sizes have increased because of increased investment in online, as well as the relaunch of same-day click & collect and home delivery (Davies, Dolega, and Arribas-Bel, 2019). More and more people are placing items online and getting them delivered the same day, or within half an hour, from more than 440 stores. Virtual queues are being tested by Sainsbury's while consumers wait in line following social distancing norms. At five locations in the capital, Leicester and Watford, this will be the first shop to test the ufirst app. SmartShop mobile app is currently used by more than a million consumers and account for over half of sales in certain of its supermarkets, and the company plans to extend its usage(Rohwer and Topi?, 2019). Sainsbury's became the first third-party store in the United Kingdom to use Amazon's "Just Walk Out" cashierless system. SmartShop Pick & Go convenience shops have debuted in London's Holborn Circus area powered by Just Walk Out technology, according to Amazon on Monday. Sainsbury's SmartShop smartphone app is integrated with contactless technology, allowing users to scan things and pay without having to queue at the checkout.
It is essential to research a given subject to discover fresh ideas and opportunities. It's also necessary to perform a study on digital technology and its impact on the workplace since I feel this is a topic that requires constant attention. In addition, the specified goals are attained with the aid of the study methodologies used. All study goals have been attained owing to the employment of both qualitative and quantitative approaches. In addition to this, the study is conducted methodically, with each portion connected to the preceding section in an efficient manner (Oldman and Da Silva 2015). In this research investigation, the proper results have been obtained because of the systematic study that was carried out.
Furthermore, I think that my research and analytical skills have improved because of this project. In addition to this, I believe that I was able to put my theoretical knowledge to use in a real-world context via this study. In addition, I gained a better understanding of survey methods and the data they provide. I gained a lot from the experience. I was able to better organise my time in my personal life because of this study.
Considering the above discussion, it can be considered that all of the research goals have been met in an efficient way. That being said, the study has been broken down into many sections, and each section has been well discussed in the report provided. Digital technologies have a greater favourable influence on business fields than a negative one, as seen in the preceding section. Another factor clearly contributing to increased productivity is the advent of various technological advancements, including the use of communication and data software. There are, however, several issues that have been uncovered from the data. For this reason, a variety of suggestions have been put up.
Retained profits should be used to finance digital technologies, which will alleviate the load on business sectors. To avoid overlapping of finances, separate financing should indeed be done for each of the company's many business units. In addition, personnel should get specialised training in their specific fields of work via group sessions or other means.
As a result, it is advised that businesses should not depend primarily on digital technologies since there is a considerable risk of company operations being affected when technology fails. Traditional business operations and technological features work together to increase the chances of a company's success. While promoting items and services, for example, both conventional and digital methods should be used (Stone et al. 2015).
References
Ba'Its, H.A., Puspita, I.A. and Bay, A.F., 2020. Combination of program evaluation and review technique (PERT) and critical path method (CPM) for project schedule development. International Journal of Integrated Engineering, 12(3), pp.68-75.
Bjorvatn, T. and Wald, A., 2018. Project complexity and team-level absorptive capacity as drivers of project management performance. International Journal of Project Management, 36(6), pp.876-888.
Chang, J., Gao, B., Xiao, H., Sun, J., Cai, Y. and Yang, Z., 2019, November. compile Critical path identification and analysis for smart contracts. In International Conference on Formal Engineering Methods (pp. 286-304). Springer, Cham.
Davies, A., Dolega, L. and Arribas-Bel, D., 2019. Buy online collect in-store: exploring grocery click&collect using a national case study. International Journal of Retail & Distribution Management.
Derakhshan, R., Turner, R. and Mancini, M., 2019. Project governance and stakeholders: a literature review. International Journal of Project Management, 37(1), pp.98-116.
Fayaz, M. and Kim, D., 2018. A prediction methodology of energy consumption based on deep extreme learning machine and comparative analysis in residential buildings. Electronics, 7(10), p.222.
Gusakova, E., Ovchinnikov, A. and Volkov, A., 2019. Approaches to the structuring of the information model of the life cycle stages of a construction object. In E3S Web of Conferences (Vol. 97, p. 01002). EDP Sciences.
Harter, H., Singh, M.M., Schneider-Marin, P., Lang, W. and Geyer, P., 2020. Uncertainty analysis of life cycle energy assessment in early stages of design. Energy and Buildings, 208, p.109635.
Ismail, M.H., Khater, M. and Zaki, M., 2017. Digital business transformation and strategy: What do we know so far. Cambridge Service Alliance, 10, pp.1-35.
Jimenez-Ramirez, A., Reijers, H.A., Barba, I. and Del Valle, C., 2019, June. A method to improve the early stages of the robotic process automation lifecycle. In International Conference on Advanced Information Systems Engineering (pp. 446-461). Springer, Cham.
Kramer, M., 2018. Best practices in systems development lifecycle: An analysis based on the waterfall model. Review of Business & Finance Studies, 9(1), pp.77-84.
Kuusinen, J., 2018. Managing and prioritizing requirements risks in information systems development.
Rodrigues, C.M., Deschamps, F., Freitas Rocha Loures, E.D., Cestari, J.M.A.P. and Freitas, I.H.D., 2019, July. Digital transformation project portfolio selection/prioritization: literature review and future directions. In International Joint Conference on Industrial Engineering and Operations Management (pp. 282-292). Springer, Cham.
Rohwer, L. and Topi?, M., 2019. The communication of Corporate–NGO Partnerships: analysis of Sainsbury’s collaboration with Comic Relief. Journal of Brand Management, 26(1), pp.35-48.
Stone, D.L., Deadrick, D.L., Lukaszewski, K.M. and Johnson, R., 2015. The influence of technology on the future of human resource management. Human Resource Management Review, 25(2), pp.216-231.
Tijani?, K., Car-Puši?, D. and Šperac, M., 2020. Cost estimation in road construction using artificial neural network. Neural Computing and Applications, 32(13), pp.9343-9355.
Tongo, S.O., Oluwatayo, A.A. and Adeboye, A.B., 2021, April. Correlation of Material Waste Types With Life Cycle Stages in Building Projects Across The States in Southwest Nigeria. In IOP Conference Series: Materials Science and Engineering (Vol. 1107, No. 1, p. 012164). IOP Publishing.
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