Business Implementation Plan

PLEASE FOLLOW RUBRIC EXACTLY AS SEEN IN ATTACHMENT I have also attached additional paper to help steer you in the right direction. *The Company is “Chipotle Mexican Grill” *The Service that should be implement throughout this paper is “The development of a delivery service with Man and Unman cars, as well as Drones to deliver food.” In Milestone One, you will submit the justification for your idea or concept. You will connect entrepreneurship or intrapreneurship with organization change and survival. This milestone lays the foundation for the rest of the project by outlining the justification of an idea or concept. Ultimately, the justification in this milestone will provide much of the reasoning that decision makers will use to determine if they will fund your idea or concept. Critical Elements: Rationale: Lay out the rationale for the idea or concept. Problem or Opportunity: Identify the problem or opportunity that the idea or concept addresses. Market: Analyze the market for the product or service. Competition: Analyze the key features that set the product or service apart from the competition. Company: Explain how the concept fits with the mission, vision, and priorities of the company implementing the product or service. Innovation: Discuss how or why the product or service is innovative. Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page and references) using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as needed to successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow APA guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page. (Level 1 heading) Critical Elements that need to be addressed in paper Main Elements – Includes most of the main elements Critical Thinking – Provides logical conclusions and defends with examples Rationale – Provides rationale and thoroughly defends it Problem or Opportunity – Identifies the problem or opportunity and includes a detailed description of how the idea or concept addresses the problem or opportunity Market – Analyzes the market for the product or service and quantifies market size Competition – Analyzes key features, outlines how these meet unmet customer needs, and explains how the key features set the product or service apart from the competition Company – Explains how the concept fits with the mission, vision, and priorities of the company implementing the product or service, and connects this information with long term organizational strategy Innovation – Discusses how or why the product is innovative and situates the product or service within the implementing company’s larger product or service portfolio
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MBA 705 Milestone One Guidelines and Rubric
Overview: For the capstone assessment, you will create a business implementation plan and audiovisual presentation for the product, service, or idea you have
been developing throughout your MBA coursework.
In Milestone One, you will submit the justification for your idea or concept. You will connect entrepreneurship or intrapreneurship with organization change and
survival. This milestone lays the foundation for the rest of the project by outlining the justification of an idea or concept. Ultimately, the justification in this
milestone will provide much of the reasoning that decision makers will use to determine if they will fund your idea or concept.
Critical Elements:
? Rationale: Lay out the rationale for the idea or concept.
? Problem or Opportunity: Identify the problem or opportunity that the idea or concept addresses.
? Market: Analyze the market for the product or service.
? Competition: Analyze the key features that set the product or service apart from the competition.
? Company: Explain how the concept fits with the mission, vision, and priorities of the company implementing the product or service.
? Innovation: Discuss how or why the product or service is innovative.
Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page and references)
using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as needed to
successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow APA
guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page.
Critical Elements
Main Elements
Critical Thinking
Rationale
Problem or Opportunity
Market
Competition
Proficient (100%)
Includes most of the main elements
Provides logical conclusions and defends with
examples
Provides rationale and thoroughly defends it
Identifies the problem or opportunity and
includes a detailed description of how the
idea or concept addresses the problem or
opportunity
Analyzes the market for the product or
service and quantifies market size
Analyzes key features, outlines how these
meet unmet customer needs, and explains
how the key features set the product or
service apart from the competition
Not Proficient (0%)
Does not include any of the main elements
Does not provide logical conclusions
Value
15
15
Does not provide rationale
Does not discuss the problem or opportunity
10
10
Does not analyze market for product or
service
Does not provide key features
10
10
Company
Innovation
Articulation of Response
Explains how the concept fits with the
mission, vision, and priorities of the company
implementing the product or service, and
connects this information with long term
organizational strategy
Discusses how or why the product is
innovative and situates the product or service
within the implementing company’s larger
product or service portfolio
Submission does not have critical errors
related to citations, grammar, spelling,
syntax, or organization that prevent
understanding of ideas
Does not explain how concept fits with the
mission, vision, and priorities of the company
implementing the product or service
10
Does not discuss how the concept or idea is
innovative
10
Submission has critical errors related to
citations, grammar, spelling, syntax, or
organization that prevent understanding of
ideas
Total
10
100%
Running head: PROJECT MANAGEMENT
Project Management
1
Running head: PROJECT MANAGEMENT
2
MBA 690 Module Eight Short Paper Outline Template
Prompt: Use this template to complete your outline for this module. Add or delete letters as needed to
complete each question. An outline does not always use complete sentences and does not need to be
detailed.
I.
State your intentions for managing and balancing the scope-time-cost triangle.
A. Time in the triangle is helpful in the realization of the success of completion of a
deliverable. The time required to complete the project is dependent on the number
of requirements and the number of resources that get allocated for the project.
Time is, therefore, a crucial factor because it determines the time that the
deliverable, in this case, the use of unmanned and manned and unmanned cars and
drones or delivering food.
B. The project will depend on the amount of money supplied which it needs to
complete the project. The project will attract costs such as the labor costs,
mitigating the elements that cause cost variance. Additionally, the project will
also need to use the tools that use this resource such as the contingency costs,
indirect costs, and the risk management which also attracts charges in mitigating
risks (Kerzner, 2017).
C. The scope is another part of the triangle that consists of elements which after
completion, constitutes the end deliverable for the project of the company. A
component of the scope is quality of the product. The time put in the project will
determine its quality. In case of a massive project like the Chipotle’s, quality will
have a significant impact on both cost and time (Lock, 2017).
II.
Highlight the key risks and obstacles that management will have to mitigate for the plan.
Running head: PROJECT MANAGEMENT
3
A. Financial risks: This risk gets manifested in the form of misappropriation of funds
which may impact the project by making it cost more.
B. Supply chain risks: The company could face risks associated with the packaging,
procurement, and distribution (Leach, 2014).
C. Chipotle also faces competition from other food delivery services who operate in
the same market. The company needs to put measures to address the threats from
competitors swiftly.
D. Since the drones and UAV’S are unmanned, they solely depend on the available
data. Whenever the data is inaccurate, it will affect the business logistical
performance.
III.
Identify the triggers or signals that management will use to monitor if these risks are occurring
or not.
A. The management may employ incidence reports to check the impact of drones on
the environment concerning their use.
B. Root Cause Analysis is also useful in determining the cause of risks and threats
such as the financial risks. The analysis will give the details on the cause of the
financial risks associated with the project.
C. Sensitivity analysis is also helpful in monitoring risks. It is also useful in
predicting the outcome of a decision based on a specific variable range.
Sensitivity analysis will help the company know the breakeven point of its
profitability.
Running head: PROJECT MANAGEMENT
IV.
4
Summarize the cost schedule by providing cost categories for the project—rough order of
magnitude (ROM) (very high level) dollar estimates are adequate for this. Note: You may insert
a tabular format here for clarity.
Deliverable
Planning
Start date
18th March
End date
28th March
Project
Resource
responsibility
requirements
The drone idea
$ 900,000
introduction and
start-up stage
Stakeholder
29th March
3rd April
analysis
Acquiring drones
Committee
$ 70,000
members
6th April
11th April
Project engineers
$ 800,000
11th April
17th April
Casual laborers
$ 200,000
5th April
17th April
Management
$ 79,000
18th April
19th April
Project engineers
$ 120,000
and UAVs
Assembling
product parts
Quality
management
Product testing
Running head: PROJECT MANAGEMENT
References
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Leach, L. P. (2014). Critical chain project management. Artech House.
Lock, D. (2017). The essentials of project management. Routledge.
5

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