14.2. Why Is an EWBS Prepared, and What Are the Benefits?

A business objective is defined by the enterprise’s desired technical or operational objectives. It is a unique, complex, time- and resource-limited set of activities that may involve multiple programs and interrelated projects in a project business management portfolio. For a program or project to be manageable, planning documentation should describe the intent of the program or project and identify the actions necessary to accomplish the related business objectives. The degree of detail required for this documentation depends on the complexity of the portfolio, program, or project, and the level of management visibility chosen to ensure adequate control.

Therefore, the first step in ...

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