Conduct Feasibility Study for New AppDetermine cost, need, projected value and market competitiveness of a new app. Task SpecificationPriority indicates relevance and likelihood a task is enacted or automated from 1 (low) to 10 (high)...PriorityProject - 1010Task relevant to the needs of the project...ProjectTeam - 66Task relevance to the needs of the team...TeamAutomation - 11Chance the Task is automated (1 unlikely to 10 highly likely)...AutomationEstimated Man Hours to complete task (could reference use of automation)...ManHoursHours2.5Hours4.55KEstimated cost or expense of the task...Budget1520K Tasks required to start or complete before initiating this task...PreReqsTasks that should run after the start of this task...ConcurrentSkills Required for the task...SkillsPoints are in Thousands...(in Thousands)Estimated hours a skill will be applied during the task. Could be simply the task hours or specific to the skill...HoursLevel of skill required. Based on the tiered Job system (I - V) and a sublevel scale from 1 t0 10...LevelFocus is the proportion (based on intensity and frequency) a skills is applied relative to the other skills...FocusThis interpretation of Skill Points is based on the skill, hours, level and focus attributes (among other proprietary factors)...PointsUsage is the predicted application rate of the skill throughout the task relative to the number of hours...UsageThis interpretation of Skill Points is based on the skill, and the applied usage attributes (among other proprietary factors)..PointsSystematic evaluation of the practicality and viability of a proposed project or policy. Helps decision-makers determine if an initiative is worthwhile by analyzing potential risks, costs, and benefits. ...Feasibility Assessments3.5Level Tier III - 5 5 III Focus: 13 13 637Hourly/ 0.25H0.2514 S Figure cost for launching app using internal and external sourcing
 Assessing the viability of a new product or service through techniques such as surveys, product testing and focus groups. ...Market Research Analysis3.5Level Tier III - 5 5 III Focus: 10 10 379Daily/ 2D214 S Research what current apps the app would compete with and the relative comparative advantages.
 Quantitative analysis is a research methodology that uses mathematical and statistical techniques to analyze numerical data and identify patterns, trends, and relationships between variables. ...Quantitative Analysis3.5Level Tier III - 5 5 III Focus: 10 10 379Hourly/ 0.25H0.2514 S Provide convincing quantitative analysis of cost, value, and potential market.
 High-level plan that defines how a product will meet key goals across its entire lifecycle. Includes the vision, goals, and initiatives for a product, guiding its development and ensuring alignment with business objectives. ...Product Strategy3.5Level Tier III - 5 5 III Focus: 10 10 379Daily/ 1D14Application of financial principles and techniques to support internal decision-making within an organization. Focuses on how financial information is used and interpreted by managers to guide operational and strategic choices. ...Managerial Finance3.5Level Tier III - 5 5 III Focus: 7 7 183Daily/ 1D14'Use of data internally to help managers make informed decisions and improve organizational performance. Focuses on identifying, measuring, analyzing, and interpreting accounting information for decision-making, planning, and controlling activities. ...Managerial Accounting1.5Level Tier III - 5 5 III Focus: 7 7 183Weekly/ 2W21'Area of accounting focused on the internal needs of a business, such as determining the costs associated with producing goods or services, analyzing profitability, and controlling expenses. ...Cost Accounting1.5Level Tier III - 5 5 III Focus: 7 7 183Weekly/ 2W21Day-to-day management of tasks within a department. The purpose of coordinating projects is to streamline the workflow of your tasks. ...Project Coordination0.5Level Tier III - 5 5 III Focus: 7 7 183Monthly/ 10M101'Writing about a particular subject that requires direction, instruction, or explanation. ...Technical Writing3.5Level Tier III - 5 5 III Focus: 7 7 183Monthly/ 10M101Identify patterns, behaviors, or preferences that are gaining popularity or influence within a specific industry, niche, or audience. ...Research Emerging Trends3.5Level Tier III - 5 5 III Focus: 7 7 183Weekly/ 2W21Ability to critically analyze and engage with a wide range of digital media, including online content, social media, and other forms of digital communication. Requires digital skills like accessing, evaluating, and creating content in online spaces. ...New Media Literacy3.5Level Tier III - 5 5 III Focus: 7 7 183Monthly/ 10M101'Sharing information, ideas, and feedback within an organization to keep all employees informed, connected, and aligned with company goals. ...Internal Communication0.5Level Tier III - 5 5 III Focus: 7 7 183Monthly/ 10M101'Computer programming, documenting, testing, and bug fixing involved in creating and maintaining applications and frameworks involved in a software release life cycle and resulting in a software product.. ...Software Development0.5Level Tier III - 5 5 III Focus: 3 3 53Weekly/ 2W21...Total Skill Points:329157Objective is the primary goal of the task...ObjectiveCreate a cost estimate, market need, value projections and competitive analysis to determine the viability of creating a new app. Measurement is how to understand the progress of the task ...MeasureActionable ReportActionable ReportNext Step Criteria is how to decide whether to cancel, modify, or complete and move to the next task...Next Step CriteriaReport Delivered to Management TeamReport Delivered to Management TeamLink is a way to share an internal link to the task (if there is one)...Task LinkSkills Label™ Patent 11587190 skillslabel.com

Task Label

Unit Towards Corporate Project

Created 4/10/2025 4:37:30 PM
Objective Create a cost estimate, market need, value projections and competitive analysis to determine the viability of creating a new app.
Decision Criteria Report Delivered to Management Team