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Wouldn’t it be exciting if we could predict what stocks to invest in, what product will earn the maximum revenue, or which stakeholder’s decision we should gamble on? It sure would make our business fruitful, but unfortunately, we can’t!
However, what we can do is limit these risks by implementing a shockproof method for our business – impact assessment!
Impact assessment is the part of the evaluation and management activity of a policy/project cycle that aims to understand the extent and intervention of that policy/project to correct an impending problem. It also provides an opportunity to modify or abandon that policy/project.
So if you want to understand the environmental, social, business, economic, human, and CSR changes to mitigate risks and consequences, you can practice business impact analysis.
Furthermore, the process will help you improve the accountability of stakeholders, measure the sustainability of your business, and get a deeper look at the effectiveness of your business plans, practices, strategies, and culture in the global network.
But how can you detail this continuity plan during a change?
It all boils down to this robust three-step impact assessment process featuring 15 well-structured templates. You can incorporate these PPT designs to strategize your impact assessment process in light of COVID-19. So deploy these content-ready PPT designs to define the extent of proposed changes, compare them with the original status, focus on differences, categorize the predicted impact, and make the final decision. Let’s dive into them one by one!
1. Select the project
In this step, you have to select a project, plan, policy, or approach and conduct an impact assessment to know the results. This demand for assessment is most likely made by donor organizations, mission directors, program officers, implementers, and NGOs. Also, you need to set an essential budget to collect this critical and quality information. You can choose from these pre-designed impact assessment templates.
You can use this template to determine the impact of COVID-19 on the automobile industry. This PPT design includes 64 well-crafted slides drafted by our team of professional designers. So download it immediately and make the required changes.
This is another impact assessment template covering the mitigation strategies for the education industry. Also, this design illustrates six critical risks, survey questionnaires, incident and policy management processes, business continuity plans, risk management plans, and more. Therefore, download it without any second thoughts!
Choose this template to represent the adverse impact of COVID-19 on the gym industry. You can download it to depict various risks such as disruption due to social distancing, plummeting employee productivity, unemployment, civil unrest, and more. Click the link below and share it with your management.
You can use this template to illustrate the financial and non-financial impact assessment of your production, human resource, and finance processes. This PowerPoint design will help reduce project implementation costs, lead to efficient time management, avoid treatment costs, and more. Therefore, download it now!
You can use this PPT design to measure the expected degree of gain, harm, injury, or loss from the most severe risk associated with your project. Additionally, you can put this detailed PPT slide in your impact assessment template. Therefore, download now!
2. Perform the evaluability assessment
An evaluability assessment will provide an initial approval on whether or not impact assessment should be conducted on a project. You can implement it to determine your project activities, the time required to accomplish them, and expected output, outcomes, or impact.
However, we suggest you discontinue the assessment if the results represent an unrealistic relationship between the project activities and the impact. You can select from these hand-picked impact assessment templates to pursue your anylysis effectively.
Pick this impact assessment PowerPoint template to check the evaluability of your theme park industry project. With this PPT design, you can evaluate the risks of various procedures or activities. So download it and create a systematic plan of action.
Select this invigorating design to highlight the impact of this pandemic on the theatre industry. This impact assessment template includes a complete industry overview, risks, mitigation techniques, and maturity model surveys. Therefore, grab it right now!
You can illustrate the drop in casual shopping and supply chain disruption with this visually appealing impact assessment template. The design includes multiple mitigation strategies to deal with the loopholes in the e-commerce industry. Therefore, download and utilize it to your advantage.
Create an all-inclusive business impact assessment (BIA) report with this analytical template. The slide includes critical functions, impact on business, and requirements for recovery. Therefore, grab it immediately!
You can use this template to determine the impact assessment of various stakeholders based on operational risk, process, resources, benefits, interest level, and more. Therefore, download it without any hassle!
3. Prepare a research plan
You should include a causal model of impact assessment to generate a set of hypotheses about outcomes and impacts. You can further use this information to design a practical plan and accomplish the study. After identifying the hypotheses, you need to define the measurable indicators that determine the impact. Next, you have to compare the qualitative research, quantitative research, field research, and surveys to define the monitoring measures. You can use these well-researched templates to share your findings.
You can use this 72-slide template to assess the impact of COVID-19 on the healthcare sector. This design will help you improve performance, comply with regulations, reduce the risks, and control the impact. Therefore, grab it and begin with your research.
With this template, you can create a robust impact assessment plan for your tourism and leisure industry. This design will help you determine the cost for the required business processes and resources. Therefore, download, edit, and share it with Google Slides.
This is another well-structured impact assessment template presenting the cruise industry project, plan, and strategies. So download it to chart out the mitigation steps for efficient outbreak management. Additionally, you can customize it by changing the text, color, font, and more.
You can use this impact assessment chart design for your IoT pilot project plan. This slide can be used to research categories such as dedicated resources, IoT infrastructure, financial resources, and more. Additionally, you can use this data to make accurate decisions. Therefore, download the design right now!
Choose this template to determine the risk of factors like loss of a customer, inoperative billing system, loss of physical effort, and damage to business facilities that can drastically impact your enterprise. So download it right away and make changes as per your research findings.
In the end
A vigilant impact assessment will help your business have an expert plan instead of you trying to come up with strategies or controls in the middle of a crisis. So lead your impact assessment journey with our cherry-picked PowerPoint templates. These PPT designs will help you encourage this participatory and inclusive engagement, thereby presenting a platform for all the views. So purchase your membership and make this procedure a cakewalk!
P.S: To prepare your business for drastic challenges and severe transformation impacts, explore our readiness assessment templates featured in this guide.