IT Project Management for Investment and Rolaco- myassignmenthelp

Question: Discuss about theIT Project Management for Investment and Rolaco. Answer: Introduction Information Technology has been the ever evolving technology. The growth of this technology for the usage of the making profits in the business organization has been increasing eventually. The fact that this technology helps on managing the organization more efficiently this technology of Information Technology gains this much importance in the corporate sector. This report will discuss about the implications of the information technology for the advancement of the MODON. This report will farther discuss about the advantages that MODON receives due to the eMODON application. This report will also discuss about the positive aspects of the organization regarding the CRM strategies that the organization uses. This report will also state the importance of the HADEF for the betterment of the organization. The importance of the BI with respect to the advancement in the organization due to the implication of efficient bisiness intelligence is also stated in the report. The case studies rega rding the real example of the organizations that are affected due to the installation of the information technology is also stated in this report. The downfall f the organizations like the Savola, Raggad Investment and Rolaco due to the implication of the information technology is also stated in this report. Implication of Information technology in the field of business of MODON The chosen business organization is for performing the report methodologies. The Saudi Industrial Property authority is known as MODON regionally. The main aspect of the organization MODON is that it takes the responsibility of developing the industrial cities in the Saudi region. MODON has been using the master plan of using Information Technology in the field of establishing Industrial cities across the entire kingdom. MODON is facilitated with the integrated infrastructure which provides efficient services to the clients of the organization. This feature helps the organization to get the multinational infrastructural backup for the efficient functioning of the organization. MODON has been the real reason behind the suitable business environment in the Kingdom which helps the organization to get efficient investments that helps the company to grow. MODON also takes proper care in the terminology of the security of the organizations. This helps the organizations to invest on the tec hnological aspect of the organization. The success of MODON is due to the fact that MODON has been utilizing the information technology which helps the organization to reach the goals that are set by the higher hierarchy of the organization. The usage of information technology in the MODON has resulted in developing a platform that is based on the platform if internet. The organization named the internet oriented platform that represents the organization through the internet in format of the global mass as eMODON. A specific application is built to support this vision of the organization. The main advantages of u sing the MOPDON is that it helped n increasing the client value of the organization. This application helps in gaining loyalty program continuously running which helps the organization to get the feedback f the clients regarding the service that is being provided by the organization. This helps in increasing the brand loyalty of the organization. This ensures that the brand loyalty of the organization increases a nd the global acceptance of the organization increases to a great extent. Another advantage of having span application that represents the organization is that the application helps the organization to build a stronger brand value of the organization. This ensures the affect that marketing of the organization increases the brand value of the organization which increases the chances of more number of people trusting the brand value of the organization hence gaining the global acceptance of the audience all over the globe. This feature if the application also ensures that there is the required marketing of the products that the company is providing. The services f the company is also well described through the application that is used for the advertising of the organization. Another benefit that the organization enjoys due to the fact of the application is the connectivity of the organization with the client that they possess. The connectivity feature of the application increases the global acceptance of the brand and the most important feature of this application eMODON is that it shares the be necessary details of the organization with the entire globe irrespective of the location of the client. The application also helps in getting the reviews of the loyal clients in order to improve as an organization. The success of the MODON organization also is due to the fact that internet based customer relation management is applied in the infrastructures of the organization. Customer relation management finds its importance as this feature enable the organization to grow in the aspect of client relation as there is a strategy of staying connected with the clients irrespective of the location the client is located. The customer relation management also ensures that the clients that are loyal to the organization gets the special treatment from the clients that are new in the league of the client base of MODON. This facility also ensures the fact that the organization can differentiate between the new clients and the clients who are premium to the organization, has been enjoying the services of the organization, and has been supporting The Company and the loyalty of client is very high. Another aspect that facilitates the usage of the customer relation management is that due to the usage of thi s managerial strategy the personal data of the present clients can be stored which can be later used in the marketing of the product that is to be launched in the market. The documents that is stored in the database of the organization is also used for the maintaining the customer relationship with the organization. Customer Relation management of the organization also helps in betterment of the communication of the employees. This ensures the fact that there is less of the conflicts in the intra organization. This feature acts as the benefit as the data that is conveyed by the employees of the company is not contradicting hence increasing the goodwill of the organization. The customer relationship manage also helps in the aspect of gaining the optimization in the marketing strategy of the organization. This is gained due to the shear observation of the clients that the globally based as well as the demands of the potential clients of the organization this helps in the fact that the organization helps in the fact that the demand of the clients of the organization is very clear which helps in the marketing strategy of the organization. The organization also uses the HADEF system to ensure that the employees of the organization is well informed regarding the ongoing project of the company in order to avoid the conflicts that might occur in the organization due to the fact that the employees of the organization MODON is not well informed regarding the whereabouts of the company. This lack of knowledge leads to the fact that the information that clients of the organization gets the information that is authenticated and authorized by the higher authorities of the MODON. The major success of the MODON has also been the result of the implementation of the Business Intelligence in the business strategy of the organization. Te benefits that the organization receives from the technology are faster analysis of the data that is collected. Better decisions regarding the business is taken due to the help of the BI. The operational efficiency has been ever increasing till the introduction of the BI by MODON in their business infrastructure. Real Life examples regarding the disadvantages of Information technology in the business organization Savola, a leading organization has been suffering due to the installation of the Information technology which has incurred a great loss in the turnover of the organization (Baller, Dutta. and Lanvin 2016). This aspect of recurring loss in the business due to the introduction of the Information Technology in the business organization is due to the fact that the cost incurred in the manifestation of the infrastructure of the Information technology is very high in a large scale organization. This installation of the framework of the information technology in the organization setup has lead to the decrease in the efficiency of the cost of production with the profit earned ratio. This affected the organization to a content that the organization was forced to increase the price of the products which caused the fact that the sales in their services and the products decreased. Aggad investment group have been a sufferer of the glitches that Information technology brings in with the advantages f the organization. This is accused due to the fact that the information that was distributed among the employees of the organization was not true to the fact that the higher hierarchy of the organization has held (Laudon. and Laudon, 2015). This lack of transparency among the employee of the organization lead to a conflict among the employees of the organization. This lack of supportive information source for backing up of the data that was distributed among the channel of the organization hierarchy. The lack of correct information among the employees affected the clients of the organization adversely as the organization is an insurance company the organization heavily depends on the investment of the clients. For the investments of the clients the trust of the clients are t be won by the organization. After years of hard work by the organization to gain the faith of the clients the organization ended up in losing almost every clients it had and the scope of having potential client was also very less as the goodwill f the company was no longer present in the global market due to the problems faced by the clients who had been investing their earned amounts in the organization and the policies were not defined properly by the employees of the organization. Rolaco has been another organization in the Saudi which has suffered due to the installation of the framework of the information technology. Cyber criminals accessed the affect if the information technology on the Rolaco has been adverse as the data of the clients of the organization that was stored in the database of the company. These cyber criminals gathered the data of the genuine clients and demanded lump sum amount for the detaining of the data without modulation (Andrade. and Doolin, 2016). On not agreeing with the fact of paying the lump sum, the cyber criminals modulated the data of the genuine clients, which made it impossible for the genuine clients to get the access to their data, and the accounts of the clients got invalid. This caused to be reason behind the lack of transaction by the clients. The company had to spend a hefty amount in redesigning and re installing the data base of the company until then a lot of clients had lost the faith from the company which lead to the fact that organization list the stature it had previously until the cyber attack. Conclusion Therefore from the above discussion it can be concluded that information technology has been acting as an evolutionary change in the field of the corporate sector which helps the organization to grow in terms of both as an organization as well as the financial stature of the organization dur to the aspect of the advantages of the framework of the information technology. Among the advantages regarding the up gradation of the organization, marketing department of the organization is the most profited sector f the organization. The marketing sector is profited to the highest extent due to the fact that marketing mainly deals with the advertising of the brand and the product which is the specialty of this platform. With the advantages that affect the organization positively the disadvantages like insecurity of the data based on the organization comes in disguise. Conflictive distribution of the data has also been another disadvantage of the information technology. Despite all the disadva ntages it has been proven beneficial for the organization. References Andrade, A.D. and Doolin, B., 2016. Information and communication technology and the social inclusion of refugees.Mis Quarterly,40(2), pp.405-416. 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