Show how your team will achieve the stated project

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Reference no: EM133402730

Question: As a project manager, you must show how your team/project will achieve the stated project objectives better than any other option.

The Business Case is your chance to fight for funding for your project over many other competing projects. 

Your team are convincing the Project Sponsor that it's worth it to spend money on your project. Your team must do some thinking about why this project will be good for the organization (its value to the organization) and how you can present this information in the most appealing and captivating way. You must SELL your project.

There are MANY ways to prepare and present a Business Case depending on the type and size of your project. Common elements include:

  • Project description
  • What business need the project will satisfy. (Executive summary, background)
  • Project costs & returns.
  • Major Risks 
  • Strategic analysis (intangible benefits or business opportunities)

Reference no: EM133402730

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