Given that collaboration and peer evaluation can help to overcome numerous barriers to project implementation and achieve greater results, it is extremely important to take other specialists’ opinions into account when planning business projects. There is no doubt that preliminary research planning strategies are significant as their effectiveness and accuracy can impact the degree to which the project’s final results are applicable in practice. To start the work on the Comprehensive Project, it is necessary to use a well-structured process that includes essential steps. To begin with, a solvable problem in the field of business is to be identified with the help of various sources. Sources that can guide the process of problem identification include market reports, financial data of large market players in open access, and scholarly articles.
After identifying the problem, it will be important to study it in detail, paying special attention to its consequences on a large scale. In particular, the effects of the problem on product or service quality, employees’ experience, and customer satisfaction are to be studied and described. Then, to conduct further research and identify findings, it will be possible to utilize a comparative approach. For instance, reviewing relevant examples from other markets and branches of production can be helpful in defining the approaches helping to address the chosen business problem. Studying the experience of other companies, it will be possible to propose ways to improve product quality and estimate the costs of their implementation.
The project deliverable, a comprehensive report, can be divided into six sections. They include an introduction, problem statement and overview, causes and consequences of the identified problem, the experience of large market players, findings (potential solutions and their costs), and conclusion. The report is to reflect on the feasibility of the proposed approaches to process improvement, using tables and other types of visual aids.