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"...This is an excellent program. I'm so glad that I stumbled on to this when researching for task management programs. Very low learning curv, quite flexible, and the price is right. Tried at least 20 other programs, either too complicated, too expensive, or poor documentation..."
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Honolulu, HI

Project Business Case Checklist

 

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Project Business Case Checklist Business case serves as a formal document that explains why initiate a project, what problem to address by the project and what solution to use. The following Project Business Case Checklist explores key tasks to complete to develop this document


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  1. Analyze the Environment.
    • Review the business environment your company operates in to define the company’s mission and strategic vision.
    • Explore current activities and services to identify business goals and objectives.
    • Review the company’s ‘organizational structure to define key project stakeholders.
    • Analyze the company’s capacity in terms of financial and human resources.
  2. Define the Business Need.
    • Identify internal and external drivers that can trigger investment proposal.
    • Explore the drivers to determine how they can potentially impact the business environment.
    • Describe business outcomes that can be gained from change caused by the drivers.
    • Be sure that business outcomes fit into the company’s strategic vision and mission.
    • Be sure that the company’s goals and objectives will not adversely affected by business outcomes.
  3. Explore the Problem.
    • Specify high-level requirements for addressing the business need.
    • Transform the business need into the problem.
    • Describe a solution for solving the problem.
    • Identify assumptions and constraints.
    • Define dependencies related to the problem, solution and requirements.
    • Determine scope including boundaries and stakeholders.
  4. Analyze Alternatives.
    • Identify the baseline (status quo option) for your analysis.
    • Define all possible alternatives to the proposed solution.
    • Create a list of evaluation criteria for measuring options (alternatives) for effectiveness.
    • Explore and analyze each of the options to determine whether a particular option should be rejected immediately or considered for deeper analysis as a viable alternative.
    • Screen all remaining options to define which ones are viable.
    • Make final evaluation of remaining options against evaluation criteria to determine whether the proposed solution is better than any of the options.
    • Write a comparison summary that presents all viable options against the preferred solution.
    • Develop a list of recommendations regarding rejection or further use of the options.
  5. Describe the Preferred Solution.
    • Develop a brief summary of the proposed solution’s costing estimates.
    • Identify potential risks and determine their impact to the solution.
    • Estimate the HR need to determine what people, with what skills and in what quantity are required for implementing the solution.
    • Outline an implementation plan that explains how exactly to solve the problem.
  6. Define Governance & Oversight.
    • Identify how the proposed solution will be invested and whether the required investment will fit into the company’s governance structure and management capacity.
    • Develop a project management strategy that supports the solution implementation plan and explains how to develop and manage the project.
    • Create a phasing plan that specifies key phases of ...


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