Fill and Sign the Project Proposal Template Form

Business Project Proposal Template Proposal Name: ___________________________ (Name of Project) Lead/Contact: __________________________ (Name of Contact) Sponsor: ___________________________ (Name of Sponsoring Team) Product Proposal Log #: ____________________________ Idea: _______________________________________________________________________ ____________________________________________________________________________ ________________________________________ (Provide a brief description of the project) Type of Project: [ ] Revenue Generating [ ] Cost Savings Other: ___________________________________ Business Imperative: (What strategic or operational need does this project fulfill? Why do we want to do this project?) ________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Benefits: (How will the company benefit from implementation of this project)? _____________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Financial Justification: Revenue-generating/cost-saving: Outline any financial impact that is (Outline any financial impact that is incremental 1 to the budget. Cost savings should be denoted with a negative. Attach detail.) 2011 2012 2013 2014 2015 Revenue Operating Expenses * EBITDA 2 Impact 1 An Incremental budget is one prepared using a previous period’s budget or actual performance as a basis with incremental amounts added for the new budget period. This type of budget uses a previous period’s budget or actual performance as a basis with incremental amounts added for the new budget period. It uses the allocation of resources is based upon allocations from the previous period. 2 EBITDA is operating income plus depreciation and amortization. Amortization of goodwill is not included in operating income but is instead recorded in other income (expense) below the operating line. EBITDA does not include certain extraordinary income and expenses that are not included in operating income under Mexican GAAP . EBITDA is not a GAAP measure. Capital Investment Total Cash Required Headcount IRR 3 : 3-year 5-year Feature Behavior : (Describe desired functionality 4 of the proposed project. The description should be substantial enough to support credit effort estimate by Development). ____________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Data Needs: (What are the project’s data reported/tracking requirements?) ________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Timing/Implementation: (When does this project need to deploy? Are there any special factors that may affect this implementation?) ______________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Interested Parties : (What other business units/third parties will be involved in this project? Spell out their required contributions). _____________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Success Matrix/Review : (What factors will determine this project’s success? Set up a timeframe for a review of these metrics.) ___________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ Alternative Action Plan/Contingencies : (What other actions could the company take to address the business issues discussed here if this project cannot be implemented?) ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________ (Attach a full business cans when appropriate) 3 The internal rate of return ( IRR ) is a rate of return used in capital budgeting to measure and compare the profitability of investments. 4 The ability to perform a task or function. Elements of a Business Case: Revenue Generating/Cost Savings Projects  The business idea -- What will this project do?  Market/Customer problem -- What business problem will this idea solve? How severe/urgent is this problem?  Product/Service -- How will it work? Give a detailed description of the idea.  Market size -- How large is the market?  Partner/Vendor overview -- Who are the partners in implementing/maintaining this project? What are the key internal and external relationships? What were the results of due diligence efforts -- technical due diligence, financial and business references, etc.? What is the financial stability of the vendor/partner? What are payment terms?  Business model -- How will this idea make money? Provide detailed financial projections vs. budget, including revenue, operating cost, and investment projections.  Competition -- Who else in the market is doing this? How? What type of response can we expect?  Advantage -- What is our strategic advantage? Why will we be successful?  Risks -- What are the potential risks, both operationally and strategically?  Stakeholders -- Who will be involved in implementation? Whose participation is critical for success?  Timing -- What are the key milestones? What are the interdependencies?  Is there anything else that people need to know before making a decision?