Welcome to the Execution phase week 2! During this phase, the greatest amount of effort, time, and money are expended to complete all the activities defined during the planning phase.
Book Pages: Chapters 12
1. Determine what level of accuracy will be your estimated budget.
2. Build the budget.
4. Develop one of the four techniques from the book to help you validate the budget you have constructed. (Time Value Money)
3. Get an 2 expert’s opinions and develop an area of analysis. Provide the Experts name and any social communication account such as LinkedIn, email, Instagram etc. Please have them sign your release form. Remember to transcript your questions at-least 5-10 questions.
Continue to work on visual deliverables and apply it to your distribution channels to test run their success measures.
4. Out Source more information to benefit your budget development. Below are some examples.
|Characteristics Assessed||Range: 4 (Good) – 0 (Inadequate)|
|2.||Budget Validation Technique||4||3||2||1||0|
|3.||2 Expert Interview||4||3||2||1||0|
|4.||Feedback changes based on interview||4||3||2||1||0|
|Total Points Earned: ____ / 20 Points Possible|