Solution Evaluation and Measurement

Solution Evaluation and Measurement

The purpose of this assignment is to explain how you will evaluate and measure the success of the problem solution you intend to implement in the organization.

This solution evaluation process will be used to determine the potential success of your implemented solution. Success can be measured using both qualitative and quantitative methods; therefore, it is important to determine which tools and metrics you will use to evaluate the data you have collected.

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In this assignment, you will use cost-benefit analysis to evaluate the financial outcomes of your solution. Review the Topic 6 Resources, including the “Cost Benefit Analysis Solution Evaluation” Excel spreadsheet, for assistance in completing the following:

Create an Excel spreadsheet that outlines your cost-benefit analysis for your problem statement.

Solution Evaluation and Measurement

Write a 250-word explanation regarding the degree of confidence you have regarding the cost-benefit analysis and the assumptions you are required to make for cost, risk, benefits, and the financial outcome of your proposed solution. Support your rationale and be sure to include how you will measure whether or not the solution is successful in addressing the problem and meeting the needs of the business, employees, and customers.

This summary will be used as part of the “Business Proposal Presentation” in Topic 7 and within the “Final Business Proposal” in Topic 8. Evidence of revision based on instructor feedback will be assessed on the final business proposal.

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Prepare this assignment using effective business style writing. Refer to the resource, “Effective Business Writing,” located in Class Resources, for specific guidelines and formatting requirements.

This assignment uses a rubric . Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are not required to submit this assignment to LopesWrite.