Project #196603 - Business Responses Help (450 words)

Business Tutors

Subject Business
Due By (Pacific Time) 08/18/2017 02:00 pm

 

TUTOR INSTRUCTIONS:

 

Please read the instructions below in its entirety.  Please make sure you comprehend the instructions and can do the work proficiently before you bid.  Place the question as the header on top of each response.  Only serious tutors should bid for this project.  Any questions about the assignment instructions, ask prior to bidding.  Thanks.

 

ASSIGNMENT PARTS

 

EACH QUESTION SHOULD HAVE A SEPARATE RESPONSE. 

 

PLACE HEADER AT THE TOP OF EACH RESPONSE.

 

Part 1.  Read Maximizing the Value of Consulting, Ch. 4: Controlling Costs and Enhancing Value (attached).   Provide a SEPARATE 75 word minimum substantive response for each question below.  Apply an example from current news or business case.  (See attachment)

 

Q1:  What tracking measures have you put in place for the life of your project? How will you know if you are over- or under-budget?

 

Q2:  (Tuesday) - As we read Chapter 4, discuss zero-based budgeting and how this could be a problem for contracting a consultation process for an organization with many internal and external money problems.

 

Q3: (Tuesday-OH)- I was reading your posting and had a question. You stated, "The challenges for a consultant might include the inability to use previous projects or data to build a reasonable analysis of potential costs, restricting the ability to compare current and past data". If you were the consultant how would you handle this issue? I ask this because some consultants are not really ready to hold the client and his or her people accountable for the project's budgets. In my opinion, it has to be a tough conversation about budgets and staying with the projects guideline.

 

Q4:  Provide a 75 word substantive response related to another topic in chapter 10 different than Q1 -3.  Add an appropriate heading for the response and apply an example from current news or business case.  (See attachment)

 

 

 

Part 2.  Read Maximizing the Value of Consulting, Ch. 6: A Logical Approach to Measure Impact and ROI for Projects (attached).   Provide a SEPARATE 75 word minimum substantive response for each question below.  Apply an example from current news or business case.  (See attachment)

 

Q5: What are the differences between an internal and external consultant and their concerns for ROI while on a project? 

 

Q6: Many times the first questions a client will ask the consultant at the initial meeting are:  What is the ROI?," "Will this consultation be a good return on my investment?", and "How long will it take?"......  As a consultant, please explain how you would answer these questions and ensure the client of your answers.

 

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