Reference no: EM132826041

Question 1: Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company's main product line. You are being given less 6 weeks to identify and test these cost-cutting measures. If they work in a pilot, you and your team guide the organization through the changes, if not your team will be "redeployed". With no margin for error, you feel that it is imperative that evaluation be "right" from the beginning. Identify the evaluations and key decisions that need to be made in each of the next six weeks. (Reminder: this isn't about designing the solutions but the plan to get to solutions.)

Question 2: What is the relationship between a cause analysis and a requirements definition (often a document)? How does one impact the other? How does information flow between the two? Also explain what a "cause analysis" is including what information is needed before starting the cause analysis, what information would be gathered during the analysis and what decisions would be made based on that analysis. Then, explain what requirements are and how they will be used.

Question 3:  Explain what a "gap analysis" is including how gaps are defined and measured. Be sure to address how gap analysis relates to needs, requirements, design, project scoping, evaluation and evaluation planning.