Beruflich Dokumente
Kultur Dokumente
MANAGEMENT
CONSULTING
ENGAGEMENT
PART II
Assignment
D. Solution Development
E. Preparation and Presentation of the
Report and Recommended Solution
F. Implementation
G. Follow-up Evaluation of the
Implemented Solution
D. Solution Development
Evaluation of Solution Alternatives
Choice of the Preferred Solution Alternative
Detailed development
of the
G. Follow-up
Evaluation
ofselected
the solution
Implemented Solution
Brainstorming Approach
SCAMPER Approach
Economic Feasibility
Break-even analysis, payback, NPV, or internal
rate of return
Operational Feasibility
Usability of each solution alternative
Technical
Feasibility
Evaluation
of Solution Alternatives
Adequacy of existing state of technology
Scheduling Feasibility
Ability to be rendered operational by a
specified time
Legal Feasibility
Ability to meet legal requirements
APPROACHES IN AN
ENVIRONMENT OF CERTAINTY
Optimizing Approach it employs
one of the mathematical techniques
such as linear programming, integer
programming, and dynamic
programming.
Satisficing Approach - it consists
of a search among the alternative
solution that acceptably satisfies
desired performance criteria.
APPROACHES IN AN
ENVIRONMENT OF
UNCERTAINTY
Maximum Approach
Identifying the worst outcome
Choosing the alternative with the greatest
worst outcome.
Minimax Approach
Computing the maximum opportunity loss.
Computing the alternative solution.
Maximax Approach
Identifying the best outcome
Choosing the solution alternative with
greatest best outcome
.
Rationality Approach
Applying these equal possibilities to the outcome.
Choosing the alternative solution having the highest
expected payoff.
APPROACHES IN A RISK
ENVIRONMENT
Expected Value Calculation
Weighting the outcomes for the states of
nature by the probabilities of occurrence.
Adding up the weighted outcomes the
expected value of the payoff.
Choosing the solution the alternative
having the maximum expected payoff.
The CPA:
Should evaluate
the clients capacity
D.1.Solution
Development
to develop and carry out plans for the
E. Preparation and Presentation of the
recommend program or system and
Report and Recommended Solution
2. May recommend that a client hire
F. additional
Implementation
qualified personnel to perform
of theEvaluation
many tasksofrequired.
G.some
Follow-up
the
Implemented Solution
Activities of Implementation
Phase
1. Development of a work plan.
2. Establishment of controls over the implementation
activities.
3. Selection and training of needed personnel.
4. Installation of needed physical facilities.
5. Development of standard and documentation.
6. Testing of the solution being implemented, and
7. Follow-up and evaluation of the implemented solution.
Qualified Personnel
Special Audit Team
D. Solution Development
E. Preparation
and
Presentation of the
Internal Audit
Team
Report and Recommended Solution
F. Implementation
External Team of Consultants
G. Follow-up Evaluation of the
Implemented Solution
Economic Review
Operational Review
Future Performance
Review
Identifies potential improvements and
estimates the effort required to implement the
improvements
Evaluation of the
Engagement
Benefits:
Provide direction for staff training program in MAS
division
Serve as a basis for evaluating the on-the-job
performance of staff personnel
Provide data for determining the required resources for
subsequent similar engagements
Provide tangible evidence of quality consciousness
consistent with the other areas of a CPAs practice.
Post-engagement Follow-up
To uncover deficiencies early and to
make the necessary modifications