Impact Analysis Template

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School

Western Governors University *

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Course

D156

Subject

Finance

Date

Jan 9, 2024

Type

docx

Pages

2

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KIM3: CPE e-portfolio Impact Analysis Template D156 Task 1 Impact Analysis Template Consult with colleagues from your former or current organization, preceptor or SME, and instructor to complete this impact analysis. Benefits: Identify two categories in the "Category" column and two benefits in the "Benefit" column for each category that will be positively impacted by implementing your improvement project. Quantify the impact that the benefits will have in the "Rating" column. Give a "1" rating for low impact, a "2" rating for moderate impact, and a "3" rating for high impact. Total these benefit ratings and enter the sum in the "Total Benefits Score" cell. Category Benefit Rating 1. 2. 1. 2. Total Benefits Score Risks: Transfer the same categories identified in the "Benefits" table above to the "Category" column. Identify two risks in the "Risk" column for each category that may be negatively impacted by implementing your improvement project. Quantify the impact that the risks will have in the "Rating" column. Give a "1" rating for low impact, a "2" for moderate impact, and "3" for high impact. Total these risk ratings and enter the sum in the "Total Risks Score" cell. Category Risk Rating 1. 2. 1. 2. Total Risks Score PAGE 1
KIM3: CPE e-portfolio Impact Analysis Template Calculate the impact ratio by dividing the Total Benefits Score by the Total Risks Score (i.e., Benefits / Risks), then enter the resulting ratio into the "Impact Ratio" space below. Use the list below to determine if the benefits outweigh the risks. Impact Ratio = ______ Impact Ratio > 1, the benefits outweigh the risks. Impact Ratio = 1, there is no difference between the benefits and the risks. Impact Ratio < 1, the risks outweigh the benefits. PAGE 2
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