Answered: isations have at their disposal a…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Organisations have at their disposal a variety of tools and techniques to select projects that best align with the organisational strategy. Project Managers are often tasked with the responsibility to select potential projects and to motivate their selection to senior management in order to procure commitment of funds and resources. The Business Case is a justification for a proposed project or undertaking based on its expected commercial benefit and is utilised by the project manager to represent the project effectively to senior management.

Using the criteria stated below, construct a business case for a project of your choice:

Introduction/background
Business objective
Current situation and problem/opportunity statement
Critical assumptions and constraints
Analysis of options and recommendation
Preliminary project requirements

Budget estimate and financial analysis

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