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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Wk5 Apply business plan

Wk5 Apply business plan

Q For a Business Plan to be effective, it is critical that managers track the progress and development of their proposed plans. Managers can leverage various tools, such as a Gantt Chart, to track and evaluate the effectiveness of business plans. As part of your Business Plan this week, you will create a Gantt Chart for your proposed Business Plan. Create a Gantt Chart that can be used to track your progress, ensure you are meeting your business goals, and secure funding and investors. Track your progress via the use of critical milestones. In a 525-word document, include the following: • Your created Gantt Chart to support your Business Plan • Your tracked progress via the use of critical milestones • A justification of how you will use your Gantt Chart to evaluate the effectiveness of your Business Plan • A justification of how you will use your Gantt Chart as a means to secure funding and investors Submit your assignment.

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So we can use the Gantt chart in our business plan to identify the essential task. This will also help us to fix who will be responsible for certain work (Tools, n.d.). The chart will also help us to determine the amount of time that a certain task will take to complete (Tools, n.d.). The schedule will help us stay in relief that the schedule is quite efficient and the right people are assigned to the given task.