Project involves some level of financial research-analysis

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Reference no: EM132223149

Determining how to best achieve the goals of a project involves some level of financial research and analysis. The purpose of this research is to evaluate the likely financial results and other business consequences of various alternatives (e.g. lease, buy, or build in the case of wanting to expand infrastructure). The complexity of this analysis varies with the complexity and size of the project.

For this discussion, complete the following:

Review the Module 3 readings concerning business case analysis (BCA). Conduct research via the Internet for information about how to perform a business case analysis.

Consider the possible courses of action for a project and explain why financial analysis (an important component of the BCA), prior to the start of project, is a crucial step if success is to be achieved.

Using your approved research project topic (or a similar project topic) as an example, briefly discuss the types of financial analysis that would be appropriate to the various alternatives in successfully delivering the project.

Compile your response into a 300-word paragraph and include a minimum of two sources cited. Document your references at the bottom your response.

Business Case Analysis Explained

Improving Project Management Skills (2) (Links to an external site.)Links to an external site.

Note: Access to this text allows only one patron use at a time. If the text is in use, please check back later.

Chapter 3: Collecting Requirements and Defining Scope

SMART Requirements, pp. 32-33

Models of Change Management; Lewin’s Force-Field Model (Links to an external site.)Links to an external site.

SWOT Analysis (Links to an external site.) Links to an external site.

SMART Goals Infographic (Links to an external site.)

Reference no: EM132223149

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