Answered: isations have at their disposal a…

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter11: Project Risk Management

Section: Chapter Questions

Problem 2RC

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Question

Organisations have at their disposal a variety of tools and techniques to select projects that best align with the organisational strategy. Project Managers are often tasked with the responsibility to select potential projects and to motivate their selection to senior management in order to procure commitment of funds and resources. The Business Case is a justification for a proposed project or undertaking based on its expected commercial benefit and is utilised by the project manager to represent the project effectively to senior management.

Using the criteria stated below, construct a business case for a project of your choice:

Introduction/background
Business objective
Current situation and problem/opportunity statement
Critical assumptions and constraints
Analysis of options and recommendation
Preliminary project requirements

Budget estimate and financial analysis

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