Implementing more rigorous approach to approving projects

Assignment Help Business Management
Reference no: EM132857764

You are the CEO of a mid-tier organization that is implementing a more rigorous approach to approving projects. In the past, there has been no formalized process for approving projects leading to inconsistent outcomes and misuse of investment funds. A manager has approached you to approve a project which she believes will lead to a 6% revenue growth for the organization. The project involves developing a new prototype for a product that will revolutionize the drone market. The manager is not sure of all of the details yet on what is required but has approached you to approve her moving forward with the development of the prototype. This seems to be the perfect opportunity for you as the CEO to implement your new process of approving projects. What guidance will you give her in terms of the information you will need in order to approve the prototype? What type of validation process should you have once she submits the documents?

Reference no: EM132857764

Questions Cloud

What are implications of International Business : Question - What are implications of International Business? Use APA citation rules and submit 1 page
Roles of the agile team in sprint planning : Analyze the processes and roles of the agile team in the sprint planning and how the sprint plan is executed and measured.
Find out the slope of the regression line : A researcher wishes to examine the relationship between years of schooling completed and the number of pregnancies in young women. Her research discovers a line
Pick out two points made about the films status : Identify three of the actors in "Blade Runner" (give their names and the characters they play) and then explain how their performances match three separate
Implementing more rigorous approach to approving projects : You are the CEO of a mid-tier organization that is implementing a more rigorous approach to approving projects.
What are the characteristics of the developing self : What are common emotional problems in middle childhood? What are the roles of children in the family and in the peer group in middle childhood?
Why does the Doctrine of stare decisis not bind High Court : Question - Why does the Doctrine of stare decisis not bind the High Court's
Compute a confidence interval for the population mean : Compute a 95% confidence interval for the population mean, based on the sample numbers 21, 28, 33, 34, 25, 26, and 135. Find the lower and upper limits of the
Third-party payment systems-operational-strategic planning : Submit a draft of the Third-Party Payment Systems and the Operational and Strategic Planning in Healthcare portions of your research and analysis.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd