Business Case Practice Flashcards
(13 cards)
justification for the project
Business Case
Definitive business case used for decision-making
PID
It ensures that the project aligns with organizational goals. It establishes high level justification for the project from the start.
Project brief
serves as final validation of business case success
End Project Report
ensures the project remains viable at all stages
Continuous Justification
helps stakeholders monitor expected benefits
Benefit Tracking
identifies and mitigates risks early
Proactive Risk Management
keeps the business case aligned with business objectives
Regular Updates
A living document that justifies the project and ensures continued viability
The Business Case Document
tracks and measures the benefits outlined in the Business Case
Benefits Review Plan
ensures the project remains justified at each stage
Stage Boundaries Review
Defines how projects benefits are identified, management, and delivered.
Project Benefits Management Strategy
defines acceptable deviations from the project plan to maintain control and alignment with the Business Case
Tolerance Management
