Identify a potential asset$-$based development, such as the development of a new facility, procurement of a new asset, or improvement of an existing facility$/$asset within your workplace $($or a similar setting$).$ Draw up a proposal from the needs analysis stage to the concept stage.

The proposal should include information to support a management decision regarding whether to invest further effort into developing the detailed business proposal.

While outlining the proposal, use the following headings to structure your responses, ensuring alignment with the marking rubric of this assessment.

Project title page and opening sections: Use the prescribed cover page with project title, Name and contact details of proposer, Table of Contents $($Including list of Figures, list of tables, and a list of abbreviations$)$

Executive Summary: Provide background information about the assessment in a few sentences. In the second paragraph, briefly outline the achievements of this proposal. In the third paragraph, describe the impact of this proposal in two to three sentences.

Introduction: In the first paragraph, provide background information about this assessment. In the second paragraph, outline the main features of this assessment. $($Not more than two small paragraphs$).$

$1.$ Current Situation: Describe the current situation addressed by your project, including background information to give the assessor some context.

$2.$ Desired Future State: Explain the purpose of the proposal.

$3.$ Stakeholders Register: List internal and external stakeholders.

$4.$ Demand Requirements: Outline the criteria.

$5.$ Capability Gap Analysis: Develop outlines of shortfalls.

$6.$ Capability Requirements Statement: Include determination of specific decision criteria.

$7.$ Concept Exploration: Provide outlines of the Fact$-$Finding Results and a summary.

$8.$ Costs and Resources: Indicate the resources required; no details are needed.

$9.$ Strategic Benefits: Describe the strategic benefits from a business perspective. A detailed business case is not required at this stage. The information should support a decision regarding the possible further development of the proposal.

$10.$ Impacts of the Proposal: Discuss the inputs to capability.

$11.$ Relative Priority or Urgency: Assess and outline the urgency or relative priority of the project.

Conclusion: Provide a recommendation for the next steps of the proposed concept.