Marketing research project managment
In marketing research the project management takes place in four steps, here is my take on those four steps. Note: This article is written in expository style of writing and not in a associated press (AP) narrative style. Project initiation A Research proposal is the first step of the project and often used as a sales pitch document. It is similar to a project charter, a document which outlines project objectives. In the proposal, each phase of research has deliverables and a proposed timeline. It also indicates the number of resources allocated to each phase. The complex client needs are dispensed into multiple objectives, and the purpose behind this is to make the process simpler and keep it aligned to core requirements. For example, a client may need to know about consumer perception on a credit card; this requirement can be broken down into objectives. Few examples would be rating features like APR, cash back, credit line, etc. This process helps the research team to keep th...