On the case

As more organizations attempt to link their projects with their business strategies, so too are more organizations seeking to develop new procedures for making more informed project decisions. One approach involves developing a business case for projects, a document which outlines the details for evaluating a project. Based on material published in author Pamela Robinson's white paper, "Business Case Development" (presented at PMI's Global Congress 2006--EMEA), this article discusses the significance of using business cases as a project management decision-making tool. In doing so, it defines a business case and lists a case's nine essential sections; it outlines a five-step framework for developing and delivering a business case. It also explains both the goal and the process of developing a business case. It then overviews an example of using a business case to structure a project, one involving a Cyprus-based financial institution's effort to comply with European Union legislation to prevent money launderi
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