Business Development Initiatives Tracking Template

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Effectively manage your business development initiatives in the energy industry with this comprehensive template. From identifying potential opportunities to closing out projects, this template provides a structured approach to ensure successful execution.

Utilize this template to track progress, manage resources, and mitigate risks, ensuring that all business development activities are aligned with your strategic goals.

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Business Development Initiatives Tracking for Priority Matrix

Business Development Initiatives Tracking in Priority Matrix

Track and manage business development initiatives from ideation to execution efficiently.

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Proposed Tasks

High Impact, High Urgency

  • Task 1: Identify potential initiatives - due in 1 week
    ☐ Research potential business development opportunities ☐ Brainstorm with the team ☐ Conduct preliminary feasibility analysis
  • Task 3: Secure necessary approvals - due in 1 month
    ☐ Present business cases to senior management ☐ Revise business cases based on feedback ☐ Obtain final approval
  • Task 5: Assemble project teams - due in 6 weeks
    ☐ Identify team members ☐ Assign roles and responsibilities ☐ Conduct kickoff meetings
  • Task 6: Execute project plans - due in 3 months
    ☐ Manage project execution ☐ Monitor project progress ☐ Resolve project issues
  • Task 8: Manage project risks - due in 4 months
    ☐ Identify emerging risks ☐ Implement risk mitigation strategies ☐ Monitor risk levels

High Impact, Low Urgency

  • Task 2: Develop business cases for selected initiatives - due in 3 weeks
    ☐ Conduct detailed feasibility studies ☐ Prepare financial projections ☐ Identify potential risks and mitigation strategies
  • Task 4: Develop project plans - due in 5 weeks
    ☐ Define project scopes ☐ Identify resources required ☐ Develop project timelines
  • Task 7: Conduct periodic project reviews - due in 4 months
    ☐ Review project status ☐ Update project plans as necessary ☐ Communicate project status to stakeholders
  • Task 10: Close out projects - due in 6 months
    ☐ Ensure all project deliverables are met ☐ Conduct project post-mortems ☐ Document lessons learned

Low Impact, High Urgency

  • Task 9: Implement project changes - due in 5 months
    ☐ Identify necessary project changes ☐ Secure approval for changes ☐ Implement changes