Why is it important to ensure that the baseline data is accurate?

n this assignment, you are going to evaluate a specific business process based on criteria detailed below. If you already have selected a business process, continue using that and skip to the next paragraph. If you have not yet selected the business process you will use for these assignments, then begin by selecting one. Email your instructor and clearly describe the objective of this process, the participants, and the strategic significance for the company. The business process you select must have a clear beginning and an end, with identifiable, specific steps. Your instructor will confirm that the process you selected is suitable or will ask you to select another one.
For this assignment, compose a paper that answers the following questions (use the subheadings/numbered questions below to organize your paper):
Part 1: Implementation Strategies
You will use critical thinking to evaluate suitability of the four implementation strategies discussed in step 2 for your project (big bang, parallel, relay, combination). You will then select the best fit and describe how this implementation should be customized for your situation.
For each of the four strategies, analyze the specific pros and cons of using it for your project. The analysis should be based on how each strategy applies to the process you selected and the nature of your selected organization. Do not simply repeat the generic pros/cons from the book. Evaluate the advantages and disadvantages of each strategy and how these would manifest themselves for your project.
Select the one you think will work best in your situation. Justify your selection.
Explain how you would design and execute this implementation strategy for your selected process.
What would be required for the success of this strategy when rolling out your revised process?
Part 2: Establishing Baselines
To begin, list three metrics that you think can help you quantify the performance of the current process. List and define the metrics clearly, explain why each metric is important in the assessment of the process, and then give an example of the statistic units. For example, if your metric is “speed of processing,” it may be defined by how quickly each employee audits a tax form, and the example would be that “on average, you would expect eight tax forms audited per hour.” If you have already done this in a previous assignment, you may copy and paste a summary from that assignment.
Then, revisit the metrics you selected for your baseline. For each metric, clearly discuss the following:
Describe what the metric is: how is it calculated and used currently?
As far as being used as a justifiable project goal, what kind of a change in this metric would constitute success? How did you arrive at this figure? If this target change figure is not possible to estimate now, then describe how you would compute it if you were actually carrying out this project: who would be involved and where would the data come from?
Part 3: Case Analysis
Read the following case study and answer the questions at the end.
In 2009, it was decided that ABC Tire Company would implement a BPM project with the following goals:
Decrease the labor cost per tire, and
Increase profit from each tire sold by 5%.
To track the success (or failure) of the project, they determined the following baseline data for 2009:
Total # of Tires Sold
Materials Cost Per Tire
Labor Cost Per Tire
Average Retail Price Per Tire
Average Profit Per Tire
22,594
$21.23
$12.67
$119.00
$85.10
After implementing the BPM project, ABC Tire Company reviewed the value of the project after a year and identified the following information:
Total # of Tires Sold
Total Materials Cost
Total Labor Cost
Average Retail Price Per Tire
27,669
$533,450.00
$397,555.00
$122.13
Using the data provided above, calculate and fill in the following table (show all your work; completing the table without the calculations will result in no credit):
Materials Cost Per Tire
Labor Cost Per Tire
Average Profit Per
Tire
% Increase or Decrease in Materials Cost Per Tire
% Increase or Decrease in Labor Cost Per Tire
% Increase or Decrease in Average Profit Per Tire
After the table is complete, address the following questions:
Why is it important to ensure that the baseline data is accurate?
Was the project successful? Why or why not?
Directions for Submitting Your Assignment
Compose your assignment as a Microsoft Word document and save it as UsernameMT400- assignment-Unit#.docx (Example: TAllenMT400-Assignment-Unit8.docx). Submit your file by selecting the Unit 8 Assignment Dropbox by the end of Unit 8.
Grading note: In the grading rubric, you will see a section on analysis and critical thinking. The points in this section will partly be based on your ability to apply the concepts discussed in your assignment to the specific circumstances and details of the process/organization you selected. Writing in general terms without applying the concepts and analyzing your specific project may get you points for content section, but you will lose points in the analysis section.

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