Question

In: Accounting

List and describe 10 sections that should be included in an implementation plan. Thank you

List and describe 10 sections that should be included in an implementation plan.

Thank you

Solutions

Expert Solution

Implementation plan is basically a plan which is based on the organization and goals.

A implementation plan is the document that you use to define your implementation strategy. Typically, it outlines the resources, assumptions, short- and long-term outcomes, roles and responsibilities, and budget.

The sections which should be included in an implementation plans are: -

1) Description of the background to the project/implementation plan: -

A description of a plan is a narrative containing a more detailed explanation of the plan objectives, major problems & their solutions.

2) goals and objectives in terms of intended outputs and/or outcomes:

This portion of Implementation plan consist of goal for the plan and objective behind achieving the goal. The time period required to achieve the goal and the expected input and output from the plan.

3) the resource implications (budget, personnel – including any training requirements – and facilities): -

As the goals and objective is clear defining the resources required for implementation is critical task. In this section a detail description on the standard cost for the project, person required, and the qualifications are mentioned for completion of project.

4) the project schedules

Time is a critical factor for any plan, in this section determine the time frame required to complete the project will be mentioned.

5) how action will be taken and by whom

Determining the roles and responsibility of the person who will work for the project will be key part for implementation plan.

6) a description of how the project will be managed

A description of how the project will be managed will be important section of plan. In this portion we have to decide the person responsible for managing the plan, the critical task & the time for the same.

7) the reporting and review arrangements: -

The maker check concept is always helpful when there are multiple people are working towards the same goal. Defining the reporting and review is a key component of plan as under this section the roles are responsibility should be allocated between the people who all are working for implementation of plan. Defining the work and the person responsible for review the main objective of this section

8) The evaluation plan – how success will be measured: -

The implementation of plan is not a single day work it required a considerable amount of time and efforts and to measure at what stage the plan is and how much far it is from its completion. Defining the evaluation plan is a critical section of implementation plan. The main objective is to ensure whether the plan is on the right track or not as it was expected.

9) the risks and contingency plans: -

This section of plan consists of risk included in the implementation of plan and the other chances that the plan will not be successfully implemented.

10) Cost at different point of time.

This section of implementation plan is very critical one as it contains the summary of entire cost which the company has to bear for the plan at different points of time. This will contain the details for the initial outlay, machine required for the plan and others.


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