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Xecutive Ummary: 7.1. Project Description

This document outlines the typical sections included in a business case analysis document. These include: an executive summary to summarize the key points; a description of the analysis team; a definition of the problem being addressed; an analysis of alternatives considered; costs of the proposed project; a financial analysis of costs versus benefits; and an overview of the proposed project including goals, assumptions, constraints, and milestones. The project overview section would provide more details about the proposed solution.
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100% found this document useful (1 vote)
53 views

Xecutive Ummary: 7.1. Project Description

This document outlines the typical sections included in a business case analysis document. These include: an executive summary to summarize the key points; a description of the analysis team; a definition of the problem being addressed; an analysis of alternatives considered; costs of the proposed project; a financial analysis of costs versus benefits; and an overview of the proposed project including goals, assumptions, constraints, and milestones. The project overview section would provide more details about the proposed solution.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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1.

EXECUTIVE SUMMARY
This section should provide general information on the issues surrounding the business
problem and the proposed project or initiative created to address it. Usually, this section is
completed last after all other sections of the business case have been written. This is because
the executive summary is exactly that, a summary of the detail that is provided in subsequent
sections of the document.

It must contains: Issue + Outcomes + Recommendations + Justification

2. BUSINESS CASE ANALYSIS TEAM


This section describes the roles of the team members who developed the business case. It is
imperative that participants and roles are clearly defined for the business case as well as
throughout the life of the project.

3. PROBLEM DEFINITION
This section describes the business problem that this project was created to address. The
problem may be process, technology, or product/service oriented. This section should not
include any discussion related to the solution.

4. ALTERNATIVES ANALYSIS
All business problems may be addressed by any number of alternative projects. While the
business case is the result of having selected one such option, a brief summary of considered
alternatives should also be included—one of which should be the status quo, or doing
nothing. The reasons for not selecting the alternatives should also be included.

5. COSTS
This section presents a high-level the project costs. It includes the main costs items such as
labor, infrastructure, facilities and materials.

6. FINANCIAL ANALYSIS
The most common analysis is done by using a Cash Flow for 3 years or more. It can be
include a benefit/cost analysis. The purpose of this is to illustrate the costs of the project and
compare them with the benefits and savings to determine if the project is worth pursuing.

7. PROJECT OVERVIEW
This section describes high-level information about the project to include a description, goals
and objectives, performance criteria, assumptions, constraints, and milestones. This section
consolidates all project-specific information into one chapter and allows for an easy
understanding of the project since the baseline business problem, impacts, and
recommendations have already been established.

7.1. Project Description


This section describes the approach the project will use to address the business
problem(s). This includes what the project will consist of, a general description of how
it will be executed, and the purpose of it.

1
7.2. Goals and Objectives
This section lists the business goals and objectives which are supported by the project
and how the project will address them.

7.3. Project Assumptions


This section lists the preliminary assumptions for the proposed project. As the project is
selected and moves into detailed project planning, the list of assumptions will most
likely grow as the project plan is developed. However, for the business case there
should be at least a preliminary list from which to build.

7.4. Project Constraints


This section lists the preliminary constraints for the proposed project. As the project is
selected and moves into detailed project planning, the list of constraints will most likely
grow as the project plan is developed. However, for the business case there should be at
least a preliminary list from which to build.

7.5. Major Project Milestones


This section lists the major project milestones and their target completion dates. Since
this is the business case, these milestones and target dates are general and in no way
final. It is important to note that as the project planning moves forward, a base-lined
schedule including all milestones will be completed.

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