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06/06/22 Project Impact Assessment Garry Wood 1

Project Impct Assessment Method

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Presentation on how to conduct a project impact assessment and benefits of doing so

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Page 1: Project Impct Assessment Method

04/08/23Project Impact Assessment Garry

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Page 2: Project Impct Assessment Method

Downsizing has created challenges for line Downsizing has created challenges for line management:management: Resources scarceResources scarce Upward communications less efficientUpward communications less efficient Resources have been reallocated Resources have been reallocated Everyone is doing more with lessEveryone is doing more with less

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To manage you must measure.  In 2010, chaos is a competitive disadvantage and no one is able to absorb ineffective campaigns.

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““We need to major in We need to major in majors not major in majors not major in minors.”minors.”

Doug Pierce, President Doug Pierce, President Colonial Penn Insurance GroupColonial Penn Insurance Group

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Short-termShort-termDefinite Beginning and EndDefinite Beginning and EndCreate a unique product, service Create a unique product, service

or resultor resultComplete when objectives metComplete when objectives metSuccessful when stakeholder Successful when stakeholder

expectations metexpectations met

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Expectations not well definedExpectations not well defined Scope not well managedScope not well managed

Scope creepScope creepChange control gets out of controlChange control gets out of control

Change in business environmentChange in business environment

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NOT ALL THESE PROJECT HAVE THE SAME IMPACT ON PROFITS COSTS NOT ALL THESE PROJECT HAVE THE SAME IMPACT ON PROFITS COSTS OR CUSTOMERS, YET THEY WERE RECEIVING THE SAME ATTENTIONOR CUSTOMERS, YET THEY WERE RECEIVING THE SAME ATTENTION

Oracle ERP HD Oracle ERP HD SupportSupport

Commodities Commodities Pricing UpdatePricing Update

Average Unit Cost Average Unit Cost CorrectionCorrection

Margin FloorMargin Floor AB conversion AB conversion

Branch Manager Branch Manager TrainingTraining

Branch Operations Branch Operations AuditsAudits

Invoice Web Invoice Web Presentation Presentation

System 2 System 2 EnhancementsEnhancements

System 2 EDISystem 2 EDI Safety AuditsSafety Audits

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PriorityPriority Internal or Internal or

externalexternal Strategic Strategic

valuevalue Ease to Ease to

implementimplement Financial Financial

impactimpact

CostCost Resource impactResource impact Competitive Competitive

requirementrequirement Governance Governance

requirementrequirement On timeOn time

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Kick-off sessionKick-off session Project Impact AssessmentProject Impact Assessment

Interview stakeholdersInterview stakeholdersMatrix, Summary and Map ProjectsMatrix, Summary and Map Projects

Summary based on urgencySummary based on urgency

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Reduce chaos/align resourcesReduce chaos/align resources Little ExpenseLittle Expense

Reassign resources accuratelyReassign resources accurately Focus on “Majors, not Minors”Focus on “Majors, not Minors” Oversight reduces costsOversight reduces costs

Saving Time, Saving MoneySaving Time, Saving Money

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Prevent the line managers from Prevent the line managers from majoring in minors.majoring in minors.

Help them major in majors.Help them major in majors.

Increase Bottom Line.Increase Bottom Line.

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www.mirgroup.com

““Efficiency is doing things Efficiency is doing things right; effectiveness is doing right; effectiveness is doing the right things.”the right things.”Peter DruckerPeter Drucker