Consultancy: Feasibility Analysis
Timeline
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January 1, 2018Experience start
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February 1, 2018Client Meeting #1
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February 11, 2018Draft Letter of Engagement
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February 15, 2018Client Meeting 2
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February 18, 2018Finalized Letter of Engagement
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March 7, 2018Client Progress Report #1
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April 20, 2018Experience end
Timeline
-
January 1, 2018Experience start
-
February 1, 2018Client Meeting #1
Initial meeting between students and organization to discuss: project scope, communication styles, and important dates.
-
February 11, 2018Draft Letter of Engagement
Letter outlines the scope of the project for the client to review prior to signing by both parties.
-
February 15, 2018Client Meeting 2
Meeting between client and team leader to discussion draft letter of engagement and any required adjustments
-
February 18, 2018Finalized Letter of Engagement
Finalized letter of engagement sent to client for his/her signature.
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March 7, 2018Client Progress Report #1
Progress reports keep client informed of student work on project and identify any questions to client or information request as a result of work completed. Other progress reports are identified on the course calendar in Blackboard.
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March 15, 2018Client Meeting #3
Team leader meets virtually or by phone with client to discuss progress report, questions arising, information requests etc. Client or team leader may optionally request additional future meetings.
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April 14, 2018Client Presentation and Report
The team leader sends a link to the presentation and the finalized written copy of the project report to the client for review, evaluation and feedback.
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April 26, 2018Thank you letter to client
As ambassadors of Davenport University, and as a courtesy to the client. all team members are expected to sign the thank you letter to the client.
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April 20, 2018Experience end
Experience scope
Categories
Leadership Organizational structure Product or service launchSkills
consulting critical thinking new product development professional communication research methodsDo you have an idea for a new business, product or service, or want to expand into new markets, but you're not sure how viable it is? Senior business students can help you research and evaluate the feasibility of your idea.
Learners
The final project deliverables are:
- A 10 - 12 page report outlining the research, analysis and recommendations
- A 15-20 minute presentation of the findings, with a Q & A
Project timeline
-
January 1, 2018Experience start
-
February 1, 2018Client Meeting #1
-
February 11, 2018Draft Letter of Engagement
-
February 15, 2018Client Meeting 2
-
February 18, 2018Finalized Letter of Engagement
-
March 7, 2018Client Progress Report #1
-
April 20, 2018Experience end
Timeline
-
January 1, 2018Experience start
-
February 1, 2018Client Meeting #1
Initial meeting between students and organization to discuss: project scope, communication styles, and important dates.
-
February 11, 2018Draft Letter of Engagement
Letter outlines the scope of the project for the client to review prior to signing by both parties.
-
February 15, 2018Client Meeting 2
Meeting between client and team leader to discussion draft letter of engagement and any required adjustments
-
February 18, 2018Finalized Letter of Engagement
Finalized letter of engagement sent to client for his/her signature.
-
March 7, 2018Client Progress Report #1
Progress reports keep client informed of student work on project and identify any questions to client or information request as a result of work completed. Other progress reports are identified on the course calendar in Blackboard.
-
March 15, 2018Client Meeting #3
Team leader meets virtually or by phone with client to discuss progress report, questions arising, information requests etc. Client or team leader may optionally request additional future meetings.
-
April 14, 2018Client Presentation and Report
The team leader sends a link to the presentation and the finalized written copy of the project report to the client for review, evaluation and feedback.
-
April 26, 2018Thank you letter to client
As ambassadors of Davenport University, and as a courtesy to the client. all team members are expected to sign the thank you letter to the client.
-
April 20, 2018Experience end
Project Examples
Requirements
Groups of senior Davenport students will collectively devote 300+ hours to determining the viability of your potential business venture and provide recommendations for moving forward. The feasibility analysis will include:
- Market Analysis: the current state of industry and market, market trends, industry and market potential, competitor analysis, ease of market entry, potential customer segments, sales projections and other revenue sources
- Technical and Logistical Analysis: how your business will deliver the product or service, location, materials, equipment and technology needed, labor, transportation
- Organization and Structural Analysis: legal requirements such as incorporation, patents, trademarks etc, organizational chart and relevant personnel/founders background and experience
- Financial Analysis: start-up capital, sources of finance, income statement & cash flow projections and potential returns on investment
- Conclusions and Recommendations
Project examples can include, but are not limited to:
- Expansion strategy
- New market entry
- Launching a new product or service
- Reinventing an existing product or service
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.
Sign the Davenport University Experiential Learning Course-Based Project Agreement.
Be available to meet virtually or by phone with student team leader on a minimum of 3 occasions.
Provide responses to students' progress reports and other communication within 3 business days.
Evaluate the student's written report and presentation using rubrics provided by the instructor.
Complete the Davenport University client evaluation form at the end of the course.
Timeline
-
January 1, 2018Experience start
-
February 1, 2018Client Meeting #1
-
February 11, 2018Draft Letter of Engagement
-
February 15, 2018Client Meeting 2
-
February 18, 2018Finalized Letter of Engagement
-
March 7, 2018Client Progress Report #1
-
April 20, 2018Experience end
Timeline
-
January 1, 2018Experience start
-
February 1, 2018Client Meeting #1
Initial meeting between students and organization to discuss: project scope, communication styles, and important dates.
-
February 11, 2018Draft Letter of Engagement
Letter outlines the scope of the project for the client to review prior to signing by both parties.
-
February 15, 2018Client Meeting 2
Meeting between client and team leader to discussion draft letter of engagement and any required adjustments
-
February 18, 2018Finalized Letter of Engagement
Finalized letter of engagement sent to client for his/her signature.
-
March 7, 2018Client Progress Report #1
Progress reports keep client informed of student work on project and identify any questions to client or information request as a result of work completed. Other progress reports are identified on the course calendar in Blackboard.
-
March 15, 2018Client Meeting #3
Team leader meets virtually or by phone with client to discuss progress report, questions arising, information requests etc. Client or team leader may optionally request additional future meetings.
-
April 14, 2018Client Presentation and Report
The team leader sends a link to the presentation and the finalized written copy of the project report to the client for review, evaluation and feedback.
-
April 26, 2018Thank you letter to client
As ambassadors of Davenport University, and as a courtesy to the client. all team members are expected to sign the thank you letter to the client.
-
April 20, 2018Experience end