Posted: July 26th, 2021

Solution Evaluation Tools

What are Solution Evaluation Tools?

The purpose of this assignment is to explain how you will evaluate and measure the success of the problem solution you intend to implement in the organization.

This solution evaluation process will be used to determine the potential success of your implemented solution. Success can be measured using both qualitative and quantitative methods. Therefore, it is important to determine which tools and metrics you will use to evaluate your collected data.

In this assignment, you will use cost-benefit analysis to evaluate the financial outcomes of your solution. (see attached) Create a data chart or graph to most effectively display the cost-benefit evaluation metrics that you will use to measure the success of your solution. Review the study material “Cost Benefit Analysis Solution Evaluation” Excel spreadsheet to assist you.

Then, write a 250-word explanation of the degree of confidence you have regarding the cost-benefit analysis and the assumptions you are required to make for cost, risk, benefits, and the financial outcome of your proposed solution.

Include an explanation of how you will measure whether the solution successfully addresses the problem and meets the needs of the business, employees, and customers.

This summary will be used as part of the Business Proposal Presentation in Topic 7 and within the Final Business Proposal in Topic 8. Evidence of revision feedback will be assessed on the final business proposal.

Prepare this assignment in APA format.

This assignment uses a rubric. (see attached) Please review the rubric before beginning the assignment to familiarize yourself with the expectations for successful completion.