Flashcards
Business case
Flashcards do conjunto (4)
- 1Business case purpose1. Funnels potential projects for analysis and review to decide on correct project response.
2. Provides justification for undertaking project.
3. Evaluates benefits, cost & risk of alternative solutions.
4. Provides rationale for preferred solution. - 2Business case contentsBenefits
Costs
Risks
Strategic case (problem/opportunity)
Benefits (financial or non-financial)
Options appraisal & justification
Investment appraisal (cost/benefit analysis)
Constraints (perceived barriers) - 3Business case evolutionConcept: Developed by PM. Flexible plan.
Definition: Reviewed with PMP, finalised
Development: Review/evaluation of benefits
Handover & closure: Product ccceptance benchmark
Benefits realisation: Reference for benefits, cost & timing analysis - 4Preparing the business caseSponsoring group: oversee construction & approve it
Sponsor - oversees construction
PM - write or manage the writing
Suppliers - contribute detailed process knowledge
Users - know requirements
Experts - conduct analysis, make decisions
External consultants - impartial preparation
Informações
- Descrição
- 7.1 explain the purpose of a business case and its importance during the life cycle 7.2 describe who has authorship and approval of the business case
- Criado por
- Althea Green
- Visualizações
- 5
- Avaliação
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