You will examine how you intend to manage the daily aspect
of your new business opportunity, including the product/service design, the
management information system, and information technology requirements.
you will consider the means to manage product/service
quality in a lean business environment using a quality control plan. Consider
first the overall quality approach, such as TQM, ISO 9000, or Six Sigma, then
state the specific technologies you intend to use, such as acceptance sampling,
statistical process control, and capabilities analysis.
Develop a work breakdown structure for your business idea.
Your work breakdown structure should include at least three tasks with at least
three subtasks each. Provide a narrative justifying each task and subtask that
is part of your work breakdown structure.
Identify key
milestones, deliverables, and resource requirements associated with
operationalizing your business idea based on your work breakdown structure. The
key milestones, deliverables, and resource requirements should be supported
with an explanation of how they will help the project meet scope-time-cost
objectives. Assess potential obstacles and impediments to meeting
scope-time-cost objectives of the project, supporting your assessment with
rationale.
Determine appropriate
risk mitigation strategies to address the obstacles, impediments, and risks you
have identified.
Specifically, the following critical elements must be
addressed:
II. Operationalization: In this section, you will discuss
the operationalization of a business opportunity, specifically the business
product, service, or other idea from your business plan in the Marketing and
Strategy course. Specifically, you should:
a) Project the
potential costs, risks, and benefits of operationalizing your business idea.
Your projections should be supported with rationale.
b) Develop a work
breakdown structure for your business idea. Your work breakdown structure
should include at least three tasks with at least three subtasks each.
c) Provide a narrative justifying each task and subtask that
is part of your work breakdown structure.
d) Identify key
milestones, deliverables, and resource requirements associated with
operationalizing your business idea based on your breakdown structure. The key
milestones, deliverables, and resource requirements should be supported with an
explanation of how they will help the project meet scope-time-cost objectives.
e) Assess potential
obstacles and impediments to meeting scope-time-cost objectives of the project,
supporting your assessment with rationale. f) Determine appropriate risk
mitigation strategies to address the obstacles, impediments, and risks you have
identified.
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