Task Summary and Notes

Tasks for this Week

$1.$ Complete forecast of Profit & Loss $2$ hours

$2.$ Identify technology resources needed $5$ hours

$3.$ Get sign$-$off on tech resources commitment from required teams' leadership $4$ hours

$4.$ Create product launch strategy $6$ hours

$5.$ Complete legal review $1$ hour

$6.$ Get Public Relations sign$-$off $1$ hour

$7.$ Complete final proposal $12$ hours

Notes

$$ You are responsible for a critical product launch$$all tasks listed above contribute to the proposal that you will be presenting in Friday's meeting to the Director and other key stakeholders.

$$ You have completed half of Task $7,$ but it can only be completed after most inputs have been received.

$$ Task $5$ does not need to be completed until Wednesday of next week.

$$ Task $4$ requires sign$-$off across multiple stakeholders, which may double the time needed to actually complete the task.

$$ Task $4$ needs to include Profit & Loss forecast and tech resource sign$-$off.

$$ Task $3$ is dependent on completion of Task $2.$

$$ Based on initial review of Finance data, Profit & Loss appears to be in line with forecast.

$$ There's a review meeting with the technology leadership team outside of your immediate team on Tuesday that requires you complete Task $2$ in preparation for the meeting.

$$ You're planning to meet with Public Relations on Thursday, but historically this team has not had issues with launch strategies.

Hi$,$

Overall, this proposal looks good! That being said, in my review of the proposal, I noticed that your cost projections in the pricing and margin analysis seem off. I think you need to address this before finalizing the profit and loss forecast.

Thank you,

Nadia Loomis

Team Lead

$3.$ What action would you take to ensure you still have a completed proposal for Friday? Rate the effectiveness of each response below.

$1.$ Ineffective

$2.$ Slightly Effective

$3.$ Moderately Effective

$4.$ Very Effective

$5.$ Highly Effective

Ask your team lead for their estimate of what the cost should be$.$

Move forward with the proposal as$-$is to ensure you meet the deadline.

Meet with your finance partners to refine cost estimates.

Look at similar past product proposals to develop better estimates.