CHAPTER 7

Business Case Development

Business cases justify investment of capital, resources, and time for the delivery of something new or change (see Figure 7.1). They are a justification control mechanism for the project board with the potential to end a project or program lifecycle. Business cases are also a key information need of corporate and portfolio management as project or program benefits add value to the business of an organization and therefore its success and survival. In the context of projects or programs, the business case is essentially a tool to determine the viability of undertakings. In the context of the organization, the senior responsible owner (a term used by AXELOS) is responsible for initiating independent assurance ...

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