Assumptions and Contingency Planning

Company: The Company is Edward Jones – Product is the company is trying to introduce a new accounting and banking software that will revolutionize the accounting industry and transform banking services.

In this Milestone, you will submit the assumptions and contingency planning, in which you will clearly explain the assumptions you have made in creating your business implementation plan, any factors that may affect those assumptions or the success of the project, and how you have planned for those contingencies. At a minimum, you should discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept; how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained; plans for incorporating stakeholder and customer diversity into planning and implementation of the concept; and the role corporate social responsibility will play in the implementation of you concept.

Critical Elements:
Explain the assumptions you have made in creating your business implementation plan, including a discussion of any factors that may affect the assumptions or success of the project, and how you have planned for those contingencies.
Discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept.
Explain how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained.
Outline plans for incorporating stakeholder and customer diversity into planning and implementation of the concept.
Discuss the role that corporate social responsibility will play in the implementation of your concept.