Objective
To build a sound business case for pursuing a potential opportunity in the face of significant risk and uncertainty. The participant will be able to scale a general stage-gate planning template and set up the appropriate governance and assurance process. Along with economic drivers, technical and non-technical risks are considered in the framing process that leads to an Opportunity Roadmap with value drivers and goals linked to corporate strategy.
TOPICS
Opportunity Management Framework
- Why Opportunities Succeed… or Fail
- Stage-Gate Theory
- Governance and Assurance
- Deliverables and Handoffs
Conceptualizing the Opportunity
- Selling the Idea
- Stakeholder Engagement
- Sustainable Development
- Unintended Consequences
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Framing the Opportunity
- Links to Corporate Strategy
- Defining the Opportunity Statement
- Establishing Value Drivers and Goals
- Developing an Opportunity Roadmap
Evaluating the Opportunity
- OPEX and CAPEX Considerations
- Cash Flow Analysis
- Economic Evaluation
- Impact of Uncertainty
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Continuing Education Units
Participants earn 1.4 continuing education units (CEUs). A certificate
of completion will be presented from Texas Executive Education.