Real-life Business Studies
12
Experience
Preparation of Studies and Project Plans.
At LeyLak, we specialize in developing comprehensive studies and strategic plans for projects, with the added capability of monitoring and overseeing their implementation. Our expertise lies in analyzing real-world business scenarios to deliver data-driven insights and actionable solutions that enhance growth and operational efficiency. Unlock the full potential of your business with our tailored strategies designed for long-term success.
Simple Step To Get Success
Learn Working Process
Foundation
Initialization
- Prepare All Types Of Operational Plans
Operation
- Ability To: Implement Projects
Foundation
01Categories
Feasibilty Study Types
A feasibility study is a systematic evaluation process conducted before the start of any project or idea whose main objective is to verify the feasibility of the project and estimate its chances of success. The study provides insight into various aspects of the project, starting with the financial cost
- Technical
- Artistic
- Economic
- Financial
- Environmental
- Social
- Administrative
- Organizational
- Legal
- Market
- Competitive
- Audience
- Marketing
What I need, What LeyLak need, Conclusion!
FAQIn order to start working on your Feasibility Study, we need you to provide the following:
- The Idea:
– Define the Product or Service? “Answer Type: ABC”
– Determine the Key Objectives to be Achieved? “Answer Type: ABC” - The Location:
– Define Geographic Areas? (At the Start of the Project) “Answer Type: ABC”
– Define Geographic Areas? (As a Goal to be Achieved) “Answer Type: ABC” - The Capital: Determination of (Initial) Capital? “Answer Type: 123”
- The Profits: Determine the Minimum Profit Percentage Margin? “Answer Type: 123%”
- The Risks: Determine the Acceptable Risk Ratio? “Answer Type: 123%”
- The Size:
– Expected Production Volume or Capacity? (At the Start of the Project) “Answer Type: 123”
– Possible Timelines for Delivery of the Product or Service? “Answer Type: DD-MM-YYYY”
- Is the Project Viable?
- Do the Benefits of the Project Outweigh the Risks?
- Do the Benefits of the Project Outweigh the Costs?
- What are the Key Challenges?
- What are the Key Opportunities?
Options:
00- To Know: Analytics
- To Know: Information’s
- To Know: Costs
- To Know: Plans
- To Know: All The Above
Business & Strategy
Buisness
Initialization
02Strategic Setup & Plans
A1Major Plans made by the Organization’s Top Management to Achieve Long Term Goals (LTGs).
Set Goals to Achieve in 3 to 5 Years.
Focuses on Overall Strategic Planning for the Organization as a Whole.
Top Management.
Plan Company-wide and don’t be Compartmentalized
Requires Formal and Structured Reporting (Quarterly-Annual)
It is not Detailed, Only Outlined.
Types Of Strategies
Operational Setup & Plans
A2Plans Developed by Management for each Department / Division Separately, to Achieve Small / Short-term Goals.
Their Goals do not Exceed 1 Year.
Focuses on the Achievability of Small goals for Each Division.
Department Leaders or the CEO.
Plan According to the Budget Allocated to the Department / Division Alone.
No Formal Report is Required. Just a Daily or Monthly Log of What has been Accomplished to Measure Progress.
It Entails Specifying in Detail what Tasks are Required. How they are to be Performed, and the Time Required to Accomplish Them.
Operational Plans
Fundamentals & Factors
Key- Read and Understand the Strategic Plan.
- Setting Department / Division Goals.
- Monitoring Performance Indicators.
- Correct and Appropriate use of Resources.
- Preparing a Comprehensive Budget.
- Effective Communication.
- Monitoring Reports.
- Ongoing Management Support To Overcome The Obstacles And Difficulties Employees Face While Trying To Implement The Plan.
- Bringing The Entire Employee Community Together On The Importance Of The Plan And Endeavoring To Execute It Properly.
- Stay Away From Unrealistic Goals And Study The Surrounding Circumstances To Identify Alternatives And More Efficient Ways To Achieve The Goals.
- Stakeholders Agree On The Plan Proposal And Understand What Needs To Be Done To Achieve It.
- Follow-Up To Evaluate The Plan’s Route.
Operation
03In a project, implementation is the realization of the activities planned to achieve the project’s objectives. Monitoring serves to control and assess the project progress based on generated outcomes and data.
One of the characteristics of monitoring is that it is undertaken periodically during implementation. In this way, monitoring can provide real-time information to inform implementation. In contrast, future evaluations may have to try and reconstruct past situations or conditions.
Project Monitoring:
Implementation is the realization of the activities planned to achieve the project’s objectives.
Project Implementation:
Monitoring serves to control and assess the project progress based on generated outcomes and data.
Complete
Rate
Experience
Project Manager
A Project Manager is responsible for overseeing the entire project lifecycle, from initiation to completion. Their role involves planning, organizing, executing, monitoring, and closing projects to ensure they meet specific goals, timelines, budgets, and quality standards. Project Managers handle various aspects, including scope management, risk assessment, resource allocation, communication, and stakeholder engagement. They collaborate with cross-functional teams to ensure that projects are completed successfully.
Implementation Manager
An Implementation Manager, on the other hand, specifically focuses on the deployment and execution of new systems, processes, or solutions within an organization. Their role revolves around translating plans and strategies into actionable steps and guiding teams through the actual implementation. Implementation Managers ensure that all components are put into practice effectively and smoothly. They might work closely with project managers but concentrate on the operational side of turning plans into reality.
In summary, while both Project Managers and Implementation Managers play crucial roles in ensuring successful outcomes, their primary areas of focus differ:
Project Manager
Project Managers oversee the entire project lifecycle, including planning, execution, and closure, with a broader view of project management principles.
Implementation Manager
Implementation Managers specialize in taking strategies and plans and executing them on the ground, concentrating on turning ideas into operational reality.