Business Case

As projects are costly exercises, it is imperative that senior executives within the organization approve spending money on the project prior to undertaking the initiative. The way in which they are made aware of the project and commit themselves to this project is through the business case. Without a formal business case, the project is likely to be cancelled within a short period of time and will have resulted in a lot of wasted effort. The business case document therefore defines and assesses the proposed project. The business analyst develops the business case with help from identified groups, departments, and subject matter experts, and continues to update the business case in parallel while development takes place. The business analyst and project manager, together with executive involvement, should review and refine the business case into a workable document. A copy of the business case is kept in the project file (see Figure 4.5).

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