Expert answer:Managing a Successful Business Project

Solved by verified expert:The impact of digital technology in supporting small
business growth and innovation.2500 words please check all the details in the attachmenti need to know what topic will u chooseand i need it to be not more than 2% plagiarism
msbp_assignment_1fall2017.pdf

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College of Banking and Financial Studies
Assignment Brief – BTEC
Higher National Diploma in Business (Level 5)
Assignment 1
Student Name/ ID
Unit Number and Title
Unit 6 : Managing a Successful Business Project
Academic Year
Fall 2017-2018
Unit Assessor
Dr. Madhava / Dr. Omer
I. V. Name
Dr. Labeeb
Assignment Title
The impact of digital technology in supporting small
business growth and innovation.
Issue Date
22/10/ 2017
Formative Feedback Date
10/11/2017
Final Submission Date
Submission Format:
This assignment submission is in the form of written report performed by an individual and
need to written in a brief, formal business style using single spacing and font size 12. You can
make use of headings, paragraphs and subsections deemed fit to present the assignment in a
very convincing manner. Your work must be supported with research and referenced using
the Harvard referencing system. Please also provide a bibliography using the Harvard
referencing system. The total word count of the report should be around 2,500 words, but you
will not be penalised for exceeding the word limit.
Unit Learning Outcomes:
LO1 Establish project, aims, objectives and timeframes based on the chosen theme.
LO2 Conduct small-scale research, information gathering and data collection to generate
knowledge to support the project.
1
Assignment Brief and Guidance:
Scenario:
Digital technology has revolutionised in accordance with the way in which business is carried
out. Over the last decade it has been extremely changed from the traditional business models
to transformed modern competitive business activities.
The use of digital mobile technology has provided businesses with a wealth of choice and
opportunity. This has enabled existing products to become more profitable and directed to
innovative new products leading to increasingly diversified product portfolios.
The impact of digital technology is evident at all key business systems including administration,
communication, customer service, storage and distribution, production and marketing so on.
Oman is one of the country in gulf region constantly upgrading the digital technology especially
in banking, educational and research institutions and industrial sectors to sustain growth and
development. The Small and Medium Enterprise, (SME) and youth funding schemes were
developed to support and finance the graduate and youth entrepreneurs in the country. The
digital technology has a positive role in supporting small business growth and innovation.
Think that you have been appointed as a Project Manager by the National Bank of Oman, and
you have been asked to initiate a business project that incorporate digital technology and give
scope to study the impact of digital technology on the business growth and innovation.
You may choose any kind of the projects like production, banking, marketing, servicing,
outsourcing and so on, but digital technology application must exit in the project planning and
implementation.
Based on the research and findings of your project on the impact of digital technology in
supporting small business growth and innovation you have to produce a project report.
Your project report should cover the following:
Task 1: Devise project aims and objectives for a chosen project
Task 2: Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
Task 3: Produce a work breakdown structure and a Gantt chart to provide timeframes and
stages for project completion.
2
Task 4: Produce a comprehensive project management plan, milestone schedule and
project schedule for monitoring and completing the aims and objectives of the project.
Task 5: Carry out small-scale research by applying qualitative and quantitative research
methods appropriate for meeting project aims and objectives.
Task 6: Evaluate the accuracy and reliability of different research methods applied.
Task 7: Critically evaluate the project management process and appropriate research
methodologies applied. Evaluate the accuracy and reliability of different research
methods applied
Apart from meeting the above project contents you have been asked to produce
documentations/annexures on the following project criteria.
1. You have been asked to submit a project management plan and a completed log book as an
evidence for the unit. ( Format is attached at the end of the assignment)
2. The project management plan is designed to define how the project is to be planned,
executed and monitored.
3. The project management plan should give details of the actions required for the integration
and co-ordination of various planning activities to carry out the project.
4. The project log book is designed to provide evidence of the project development process
and ongoing reflection. It should provide evidence that the student has thought about the
direction of their project and in particular, what problems they encountered and steps taken
to address them.
Resources and useful links:
Suggested resources and links that may find useful to you are shown below:
Type of Resource, Resources Titles and Links
Useful resources for the impacts of digital technology in the workplace, on small businesses and
the future of the workforce.
1. Published Reports:
1. World Economic Forum – How technology will change the way we work
https://www.weforum.org/agenda/2015/08/how-technology-will-change-the-way-we-work/
3
2. Deloitte – Digital workplace and culture: How digital technologies are changing the workforce
and how enterprises can adapt and evolve
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/human-capital/us-consdigital-workplace-and-culture.pdf
3. Fast and Furious: How Digital Technologies are changing the way we work.
https://www.accenture.com/gb-en/insight-outlook-how-digital-technologies-are-changingthe-way-we-work
4. Digital Capabilities in SMEs: Evidence Review and Re-survey of 2014 Small Business Survey
respondents
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/457750/BIS15-509-digital-capabilities-in-SMEs-evidence-review-and-re-survey-of-2014-small-businesssurvey-respondents.pdf
5. The Digital Imperative: Small Businesses technology and growth.
http://www.fsb.org.uk/docs/default-source/fsb-org-uk/151/assets/fsb-intellectapril13.pdf?Status=Master&sfvrsn=1
6. New Ways of Working: The Way we Work is changing Forever
http://bteam.org/plan-b/new-ways-working-report
2. Online web report:
The Future of Work 2015
https://www.technologyreview.com/business-report/the-future-of-work-2015/
4
Learning Outcome
LO1 Establish
project, aims,
objectives and
timeframes based on
the chosen theme
LO2 Conduct smallscale research,
information
gathering and data
collection to
generate knowledge
to support the
project
LO3 Present the
project and
communicate
appropriate
recommendations
based on meaningful
conclusions drawn
from the evidence
findings and/or
analysis
Grading Criteria
Pass
Merit
P1 Devise project aims M1 Produce a
and objectives for a
comprehensive
chosen scenario.
project
management plan,
P2 Produce a project
milestone schedule
management plan that and project
covers aspects of cost,
schedule for
scope, time, quality,
monitoring and
communication, risk
completing the aims
and resources.
and objectives of
the project
P3 Produce a work
breakdown structure
and a Gantt Chart to
provide timeframes
and stages for
completion.
P4 Carry out small-scale
research by applying
qualitative and
quantitative research
methods appropriate
for meeting project
aims and objectives
M2 Evaluate the
accuracy and
reliability of
different research
methods applied.
P5 Analyze research
and data using
appropriate tools and
techniques.
M3 Evaluate the
selection of
appropriate tools and
techniques for
accuracy and
authenticity to
support and justify
recommendations.
P6 Communicate
appropriate
recommendations as a
result of research and
data analysis to draw
valid and meaningful
conclusions.
5
Distinction
LO1 & 2
D1 Critically
evaluate the project
management process
and appropriate
research
methodologies
applied.
LO3 & 4
D2 Critically evaluate
and reflect on the
project outcomes, the
decision-making
process and changes
or developments of
the initial project
management plan to
support justification
of recommendations
and learning during
the project..
LEARNER ASSESSMENT SUBMISSION AND DECLARATION
When submitting evidence for assessment, each learner must sign a declaration confirming that the
work is their own.
Please list the evidence submitted for each task. Indicate the page numbers where the evidence can
be found or describe the nature of the evidence (e.g. video, illustration).
Task ref.
Evidence submitted
Page numbers or
Description
Additional comments to the Assessor:
Learner declaration
I certify that the work submitted for this assignment is my own. I have clearly referenced
any sources used in the work. I understand that false declaration is a form of malpractice.
Learner signature:
Date:
6
ASSESSMENT RECORD SHEET – FORMATIVE FEEDBACK
BTEC HND
Programme
BUSINESS
Learner name
LEVEL 5
Assignment title
Assessor name
Targeted learning
Unit no. & title
aims/assessment
criteria
First Submission
Deadline
Targeted
criteria
Date submitted
Criteria
achieved
Assessment comments
LO 1
LO 2
General comments
Assessor declaration
I certify that the evidence submitted for this assignment is the
learner’s own. The learner has clearly referenced any sources
used in the work. I understand that false declaration is a form of
malpractice.
Assessor signature
Date
Date of feedback
to learner
Resubmission
authorisation
by Lead Internal Verifier*
Date
* All resubmissions must be authorised by the Lead Internal Verifier. Only one resubmission
is possible per assignment, providing:
● The learner has met initial deadlines set in the assignment, or has met an agreed
deadline extension.
● The tutor considers that the learner will be able to provide improved evidence
without further guidance.
● Evidence submitted for assessment has been authenticated and accompanied by a
signed and dated declaration of authenticity by the learner.
**Any resubmission evidence must be submitted within 15 working days of receipt of
results of assessment.
7
ASSESSMENT RECORD SHEET – RESUBMISSION – SUMMATIVE FEEDBACK
Date
Deadline
submitted
Targeted
Criteria
Assessment comments
criteria
achieved
General comments
Learner Declaration
Learner signature
Assessor declaration
Assessor signature
I certify that the evidence submitted for this assignment is my own.
I have clearly referenced any sources used in the work. I understand
that false declaration is a form of malpractice.
Date
I certify that the evidence submitted for this assignment is the
learner’s own. The learner has clearly referenced any sources used
in the work. I understand that false declaration is a form of
malpractice.
Date
Date of feedback to
learner
8
ASSESSMENT RECORD SHEET – RETAKE – (for QCF only)
Programme
Learner name
Assignment title
Unit no. & title
Deadline
Targeted
Pass
criteria
Assessor name
Targeted learning
aims/assessment criteria
Date submitted
Criteria
achieved
Assessment comments
General comments
Learner Declaration
I certify that the evidence submitted for this assignment is my
own. I have clearly referenced any sources used in the work. I
understand that false declaration is a form of malpractice.
Learner signature
Assessor declaration
Date
I certify that the evidence submitted for this assignment is the
learner’s own. The learner has clearly referenced any sources used
in the work. I understand that false declaration is a form of
malpractice.
Assessor signature
Date
Date of feedback to
learner
9
Project Logbook
Name:
Student ID:
Project Title:
Date:
Update on weekly research/tasks achieved
Any risks and/or issues identified?
10
What have I learnt about myself this week?
Tasks planned for next week
Project plan status to date
(on, ahead, behind)
Supervisor comments to address
11

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