What are the most important parts of a business plan? Give the parts and discuss each. .© BrainMass Inc. brainmass.com October 17, 2018, 1:35 am ad1c9bdddf
I put my response in word so that you can edit and put it into your own words. This is just a sample response. Do not cut and paste and use as your own (see attachment).
The component of business plan includes:
1) Introduction: Introduction is the first component of the business plan. This section includes basic information such as the name, address and the phone number of the corporate office of the business. It also includes the date at which the plan was issued and a statement of confidentiality. Here the statement of confidentiality is a non disclosure agreement to keep the important information away from the potential competitors (Harper, 2006).
2) Executive summary: Generally a business plan starts with the executive summary. Executive summary generally is of one or two pages in length. It includes the essence of the proposed business venture. It comes first in the plan but is written after rest of the components of the plan are completed. It generally an overview of the complete business plans and hence gives a quick recap the business. It gives a short description of management team, its legal form, the specific markets to be served, business competitive advantages, its projected rate of ...
The solution discusses what are the most important parts of a business plan and gives the parts.
Part # 4
(1) For your selected project, complete the following:
1. Develop the work breakdown structure for one aspect of the project.
2. Identify the resource requirements.
3. Select the rates associated with the resources.
4. Using analogous estimating, parametric modeling, or bottom-up estimating provide a cost estimate for the work identified
(2) Characterize the relationship between budgeting and risk analysis. Determine the different types of resources that require planning
1. Per Deming, "Quality is everyone's responsibility," what is strategic quality management and how does it impact the project environment?
2. Define the six quality management concepts that support projects and explain their impact on project management.
3. Write a brief essay in which you describe the use of the following seven quality tools:
2. Check sheets
4. Cause-and-effect analysis
5. Pareto analysis
6. Scatter diagrams
7. Control charts
(4) 1. How should the cost of quality be factored in to the project budget process?
2. Describe impact of quality initiatives on the project schedule?
Part # 6
(1) Write a brief essay describing how checklists, flowcharts, and interviews are used to identify risks.
(2) 2. Define the inputs to risk identification. What tools and techniques will need to be implemented on the project to ensure that adequate input is received?
3. Identify the potential risks, which can affect your selected project. Will you use avoidance, transference, mitigation, or acceptance to deal with these?
(3) Prepare an outline for a risk management plan for your project.
(4) 1. What types of risk have the most potential impact on your organization?
2. Is risk management an accepted part of project management efforts in your organization? If it is not, what should you do to highlight its importance?
Part # 7
(1) 1. Describe how purchasing relates to the work breakdown structure (WBS).
2. Why should the project team consider market conditions?
(2) Develop a statement of work (SOW) for your project. Use sufficient detail to allow prospective sellers to determine if they can provide the item or service you require.
(3) Describe how make-or-buy analysis can be most effectively used?
(4) What legal issues need to be considered when releasing items for bid?
(5) Create a force field analysis for your project
(6) List the predictors for project success that apply to your environment.View Full Posting Details