After receiving constructive feedback from the project management consultant on your Business Model Canvas (BMC), it’s clear that you need to focus on developing the financial component as
BUS 400 Module Six Assignment Guidelines and Rubric
Overview
Planning and forecasting the financial viability of a new product, service, or project is essential for driving business opportunities. Regardless of a company’s key performance indicators (KPIs), senior leaders must evaluate the financial feasibility of new initiatives to ensure they can operate within budget or secure adequate funding for development and implementation. One effective way to accomplish this goal is by creating a pro forma.
A pro forma is a financial projection that estimates anticipated future performance. This forward-looking tool provides a blueprint for financial expectations, enabling stakeholders to make informed business, investment, and operational decisions.
Scenario
After receiving constructive feedback from the project management consultant on your Business Model Canvas (BMC), it’s clear that you need to focus on developing the financial component as you prepare for an upcoming funding pitch to senior leaders. However, one comment from the PM stood out: “No matter how strong the idea is, senior management will consider it a ‘no-go’ if the new product or service doesn’t demonstrate its potential to generate sales.”
As you prepare for your funding pitch in Module Seven, the PM consultant highlights the importance of including a 24-month pro forma. However, the PM cautions that funding pitches are fast-paced and decisive. Providing too much information can overwhelm senior management, prompt unnecessary questions, and ultimately undermine the purpose of your pitch and decrease your chances of approval.
Directions
The PM’s directive at this point is for you to develop a 24-month pro forma that demonstrates the potential profitability of the new product or service you're proposing in an income statement. You will use the Module Six Assignment Template linked in the What to Submit section below to complete this assignment.
To project what can be added to the company’s profitability, you can use the company’s latest income statement, which is available in the 10-K report. To support your projections, analyze other companies in the marketplace with similar products or services. Additionally, you can base your projections on the company’s recent year-end financials and key assumptions based on your market analysis. Remember, these numbers are purely speculative.
Based on your projections, you are also required to provide a budget assumptions summary. This summary should outline the key factors, estimates, and rationale used to develop the budget, providing context for the numbers presented and helping senior management understand the reasoning behind the projections and financial decisions.
Specifically, you must address the following rubric criteria:
- Previous Fiscal Year: Identify historical information from the previous fiscal year.
- 24-Month Projections: Speculate projections for 24 months.
- Explanation of Assumptions: Explain your ability to speculate appropriate assumptions.
What to Submit
Submit the completed Module Six Assignment Template as a Microsoft Word document. Sources should be cited according to APA style.
AI Usage
If you use gen AI tools to support your work on this assignment, be sure to follow these AI usage guidelines. You must acknowledge your use of these tools in your work. Guidelines on how to cite AI tools can be found in this Shapiro Library guide.
Module Six Assignment Rubric
| Criteria | Exceeds Expectations (100%) | Meets Expectations (85%) | Partially Meets Expectations (55%) | Does Not Meet Expectations (0%) | Value |
|---|---|---|---|---|---|
| Previous Fiscal Year | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Identifies historical information from the previous fiscal year | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include missing or incorrect information | Does not attempt criterion | 20 |
| 24-Month Projections | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Speculates projections for 24 months | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include missing or unrealistic projections | Does not attempt criterion | 30 |
| Explanation of Assumptions | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Explains ability to speculate appropriate assumptions | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include explanations that are cursory, or assumptions that are not clearly stated | Does not attempt criterion | 30 |
| Clear Communication | Exceeds expectations with an intentional use of language that promotes a thorough understanding | Consistently and effectively communicates in an organized way to a specific audience | Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding | Shows no evidence of consistent, effective, or organized communication | 10 |
| Citations and Attributions | Uses citations for ideas requiring attribution, with few or no minor errors | Uses citations for ideas requiring attribution, with consistent minor errors | Uses citations for ideas requiring attribution, with major errors | Does not use citations for ideas requiring attribution | 10 |
| Total: | 100% | ||||
BUS 400 Module Six Assignment Guidelines and Rubric
Overview
Planning and forecasting the financial viability of a new product, service, or project is essential for driving business opportunities. Regardless of a company’s key performance indicators (KPIs), senior leaders must evaluate the financial feasibility of new initiatives to ensure they can operate within budget or secure adequate funding for development and implementation. One effective way to accomplish this goal is by creating a pro forma.
A pro forma is a financial projection that estimates anticipated future performance. This forward-looking tool provides a blueprint for financial expectations, enabling stakeholders to make informed business, investment, and operational decisions.
Scenario
After receiving constructive feedback from the project management consultant on your Business Model Canvas (BMC), it’s clear that you need to focus on developing the financial component as you prepare for an upcoming funding pitch to senior leaders. However, one comment from the PM stood out: “No matter how strong the idea is, senior management will consider it a ‘no-go’ if the new product or service doesn’t demonstrate its potential to generate sales.”
As you prepare for your funding pitch in Module Seven, the PM consultant highlights the importance of including a 24-month pro forma. However, the PM cautions that funding pitches are fast-paced and decisive. Providing too much information can overwhelm senior management, prompt unnecessary questions, and ultimately undermine the purpose of your pitch and decrease your chances of approval.
Directions
The PM’s directive at this point is for you to develop a 24-month pro forma that demonstrates the potential profitability of the new product or service you're proposing in an income statement. You will use the Module Six Assignment Template linked in the What to Submit section below to complete this assignment.
To project what can be added to the company’s profitability, you can use the company’s latest income statement, which is available in the 10-K report. To support your projections, analyze other companies in the marketplace with similar products or services. Additionally, you can base your projections on the company’s recent year-end financials and key assumptions based on your market analysis. Remember, these numbers are purely speculative.
Based on your projections, you are also required to provide a budget assumptions summary. This summary should outline the key factors, estimates, and rationale used to develop the budget, providing context for the numbers presented and helping senior management understand the reasoning behind the projections and financial decisions.
Specifically, you must address the following rubric criteria:
- Previous Fiscal Year: Identify historical information from the previous fiscal year.
- 24-Month Projections: Speculate projections for 24 months.
- Explanation of Assumptions: Explain your ability to speculate appropriate assumptions.
What to Submit
Submit the completed Module Six Assignment Template as a Microsoft Word document. Sources should be cited according to APA style.
AI Usage
If you use gen AI tools to support your work on this assignment, be sure to follow these AI usage guidelines. You must acknowledge your use of these tools in your work. Guidelines on how to cite AI tools can be found in this Shapiro Library guide.
Module Six Assignment Rubric
| Criteria | Exceeds Expectations (100%) | Meets Expectations (85%) | Partially Meets Expectations (55%) | Does Not Meet Expectations (0%) | Value |
|---|---|---|---|---|---|
| Previous Fiscal Year | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Identifies historical information from the previous fiscal year | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include missing or incorrect information | Does not attempt criterion | 20 |
| 24-Month Projections | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Speculates projections for 24 months | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include missing or unrealistic projections | Does not attempt criterion | 30 |
| Explanation of Assumptions | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Explains ability to speculate appropriate assumptions | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include explanations that are cursory, or assumptions that are not clearly stated | Does not attempt criterion | 30 |
| Clear Communication | Exceeds expectations with an intentional use of language that promotes a thorough understanding | Consistently and effectively communicates in an organized way to a specific audience | Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding | Shows no evidence of consistent, effective, or organized communication | 10 |
| Citations and Attributions | Uses citations for ideas requiring attribution, with few or no minor errors | Uses citations for ideas requiring attribution, with consistent minor errors | Uses citations for ideas requiring attribution, with major errors | Does not use citations for ideas requiring attribution | 10 |
| Total: | 100% | ||||
