After the analysis and feasibility of the project have been completed and verified for accuracy, the executive team has an opportunity to review the information that was gathered during the analysis phase. This executive team may sit as a committee, or an individual may make the decision. The go/no go decision will determine whether a project is worth pursuing. The following are some types of questions can be raised:
Does the project or opportunity have the required funding or budget? Can the project be delivered at an acceptable business risk to the organization?
What are the chances (e.g., 90 percent) of delivering the project on time?
Are the appropriate resources available to perform the project, and, if not, can they be obtained?
When will the client be expected to proceed with the project (e.g., 60 days, 120 days)?
What is the likely ROI and estimated profitability that can be expected on the project?
Remember that it is up to the project manager to ensure that the business analysis of the proposed solution is completed and that it reaches the decision makers in the organization for a go/no go decision. The following decisions can be made:
The overall project is approved and the start of the next phase can commence (GO).
The project is returned as incomplete until additional aspects have been covered (NO GO).
The project is rejected due to the results stated within the analysis (NO GO).
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