Opportunity Costs Toolkit

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  • Provide timely and accurate status updates for all projects under the responsibility, ensuring timely escalation and resolution of issues and impediments, or any changes to project scope, timelines, costs or risks.

  • Be accountable for managing the budget for various costs and effectively analyze Cost Optimization.

  • Secure that your corporation helps assess overall costs and efforts associated with enablement and implementation of new marketing capabilities to your clients.

  • Develop a detailed program plan, Resource Requirements and overall costs to launch the program with the Program Team and present status updates at executive Program Review meetings.

  • Be accountable for Reducing Costs and Cycle Times through use of technology, machinery, employee efficiency, or Process Improvements.

  • Analyze production results, quality data, and Quality Costs and initiates action or projects to improve performance.

  • Confirm your planning ensures overall costs are constantly monitored and technology spending is itemized by service line.

  • Take responsibility for all aspects of your Supply Chain, working with suppliers to ensure complete compliance with your Quality Systems, and ethical policies while optimizing your costs and overall efficiencies.

  • Confirm your group supports the creation, update and preservation of timely and accurate records relating to purchase and receipt of goods, inventory levels, Production Planning schedules, costs of goods sold, and bills of materials.

  • Manage an a and p budget assigned to you and making impactful decisions that minimizes costs and optimizes return on investments working closely with Consumer Insights to ensure you measure and evaluate the performance of brand activities to optimize a and p spend.

  • Set up Cost Control system, monitor and control costs and schedules on contracts requiring validated cost schedule control system.

  • Be certain that your corporation participates in the development of technology solutions which implement standards and Performance Requirements to maximize reliability, functionality, and integrity while minimizing costs and Cycle Time.

  • Establish that your organization supports the creation, update and preservation of timely and accurate records relating to purchase and receipt of goods, inventory levels, Production Planning schedules, costs of goods sold, and bills of materials.

  • Develop project work breakdown structures and associated estimates for work package costs and resources through coordination with the Project Team and area leadership.

  • Secure that your venture performs Data Analysis of local organization costs among local departments and over periods of time, identifying trends and inconsistencies in reported expenditure data.

  • Manage work with functional business peers in operations, finance, marketing, and sales to improve the forecasting process and overall planning execution to sustain high levels of Customer Satisfaction, while Reducing Costs and improving Working Capital turnover.

  • Ensure your strategy analyzes corresponding data to effectively recommend system and operational procedure changes, enhancements, development of functional specifications or interface opportunities with costs and or return on investment summarized.


Save time, empower your teams and effectively upgrade your processes with access to this practical Opportunity Costs Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Opportunity Costs related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Opportunity Costs specific requirements:

STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Opportunity Costs Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Opportunity Costs improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. How are consistent Opportunity Costs definitions important?

  2. Who qualifies to gain access to data?

  3. Are events managed to resolution?

  4. How do you proactively clarify deliverables and Opportunity Costs quality expectations?

  5. How do you verify and validate the Opportunity Costs data?

  6. Is supporting Opportunity Costs documentation required?

  7. How do you reduce the costs of obtaining inputs?

  8. What causes innovation to fail or succeed in your organization?

  9. Are you / should you be revolutionary or evolutionary?

  10. Are all Key Stakeholders present at all Structured Walkthroughs?

Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Opportunity Costs book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Opportunity Costs self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Opportunity Costs Self-Assessment and Scorecard you will develop a clear picture of which Opportunity Costs areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Opportunity Costs Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:


STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Opportunity Costs projects with the 62 implementation resources:

  • 62 step-by-step Opportunity Costs Project Management Form Templates covering over 1500 Opportunity Costs project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Opportunity Costs project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Opportunity Costs Project Team have enough people to execute the Opportunity Costs project plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Opportunity Costs project plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

Step-by-step and complete Opportunity Costs Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

2.0 Planning Process Group:

3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log

4.0 Monitoring and Controlling Process Group:

  • 4.1 Opportunity Costs project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance

5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Opportunity Costs project or Phase Close-Out
  • 5.4 Lessons Learned



With this Three Step process you will have all the tools you need for any Opportunity Costs project with this in-depth Opportunity Costs Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Opportunity Costs projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Opportunity Costs and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Opportunity Costs investments work better.

This Opportunity Costs All-Inclusive Toolkit enables You to be that person.


Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.