Project Management: Finger Payment with Paternoster Chop House (GC0113)

Introduction

We are now engaging with the modern world as well as modern technology (Baguley, 2016). Day by day, the number of modern technologies is increasing enormously. Modern technology helps us in various ways. In our personal, social and business sections, digital technology brings huge changes. Digital technology makes our life easy and comfortable.

It is also helpful for the business for running administration activities, production activities, communication processes, and distribution activities. The amounts of digital technology are numerous. Among them, Finger payment is one of them. Due to the necessity of digital technology, the project is completed by the project maintainer. He has been selected a small firm and identified the impact of introducing finger payment on the growth and innovation of small firm.

P1. Device Project aims and Objectives for Paternoster Chop House

Meaning of Project Aim and Project Aim

Aim means a future path. In a project, there should be an aim and precede all activities according to this aim as well as accomplishing the aim. Every project is accomplished on the basis of the aim. So the importance of the project’s aim can’t be avoided. A specific time period is needed to complete the project. To accomplish the project successfully, the project maintainer must be collected reliable, relevant and correct information from various sources (Bne Saad, M. 2013). Here the project aim identifying the impact of introducing finger payment in supporting the growth and innovation of small business.

Project’s Title

In this research, the project title is “The impact of introducing finger payment in supporting the growth and innovation in Paternoster Chop House.”

In this project, it is analyzed that the effect of finger payment in small business sector such as Paternoster Chop House, UK.

Brief Introduction of the Project

Here the project aim identifying the impact of introducing finger payment in supporting the growth and innovation of small business. It is a very wise decision to select a small business for completing the project. That’s why; the researcher has been selected a small restaurant that name is Paternoster Chop House.

In this project, the topic is related to the finger payment and growth of the business. In this modern age business, both factors are very much important for the small business. Finger payment is one of the modern technologies that have a direct effect on business growth and innovation. Finger payment is a payment system by which customers can pay their due just by the touch of a finger. Finger payment makes easy the buying and selling functions.

It saves customers from stealing their money. They can’t bring money at the time of transactions. They have an account and pay off purchase with the finger touch. It also saves the time and huge cost of the firm as well as customers. Finger payment also increases the number of customers and increases the sales volume of the small business. Finger payment ensures the brand image of the small business and increases the profitability of the business. When the profitability of the business is established, it is assumed that a firm’s growth is also established.

Due to these benefits, the project controller has been prepared for this project, he has been selected a small firm to collect data. He has been collecting primary and secondary data and finally presented the data by using various types of charts. All tasks have been organized for finding out the impact of introducing finger payment in supporting the growth and innovation in Paternoster Chop House.

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Project Problem that it attempts to solve:

The aim of the project is measuring the impact of introducing finger payment in supporting the growth and innovation in Paternoster Chop House”. Since we live in a competitive business world, this topic is very important for the business organization (Harris, R. and McCaffer, 2013). To complete the project, the main task is settling problems and doing some tasks form solving the problem. In the project, the project creator has been taken various strategies for solving the problems of the research.

Project’s Aim

The aim of the project is evaluating the impact of introducing finger payment in supporting the growth and innovation in Paternoster Chop House.”

Project’s Objective

Objectives are the guidelines of the project (Eliot, 2016). The controller of the project has been taken different strategies for accomplishing the objectives of the project. Here, the possible objectives are pointed below………..