Making the case

business-case templates give project teams the direction they need to deliver the right project, right on time

Clearly defining a project's intended benefits at the outset can help project teams actively advance the organization's strategy. According to PMI's recent Pulse of the Profession® report, The Strategic Impact of Projects: Identify Benefits to Drive Business Results, organizations that frequently identify benefits before the start of a project see 74 percent of initiatives meet goals and business intent. In comparison, only 48 percent of projects deliver similar results when organizations don't have this practice in place. Incorporating a business-case template into the initiation process can help project teams gather the information they need to make the right decisions as projects move forward.
registered user content locked

Log in or join PMI to gain access

or Account Registration

Advertisement

Advertisement

Related Content

  • PM Network

    Prefab Push member content locked

    To drive down construction costs, shave project schedules and sidestep the U.S. labor shortage hindering its build projects, hotel brand Marriott announced in 2017 that it would be embracing modular…

  • PM Network

    Transfer of Power member content locked

    By Parsi, Novid Anxiety and opportunity have gripped Germany's project management. With all eyes focused on post-Brexit repercussions, political and economic uncertainty threaten to slow Germany's full-throttle…

  • PM Network

    Leading Edge member content locked

    By Fister Gale, Sarah In the face of unprecedented disruption, organizations must adapt. This year's PMI® Project Excellence Award winners proved that, when teams embrace the need to pivot, they can deliver real value to…

  • PMI Sponsored Research

    The Management of Benefits

    By Aubry, Monique | Sergi, Viviane | El Boukri, Sanaa Questions pertaining to performance are crucial in any organizational context. Moreover, in the current economic climate marked by instability, performance, in general, has been attracting the…

  • PM Network

    Popular Demands registered user content locked

    By Fister Gale, Sarah Flawless project execution can change lives. This year's PMI Project of the Year finalists went all-out to prove that. All three teams mastered intense requirements to deliver critical improvements…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.