Questions tagged [business-case]
For questions relating to the development and management of project business cases.
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Is initiating a project part of the project management?
As far as I understood from PM certification course from Google, initiating projects is a job usually done by someone else, other than the PM. The PM receives a ready business case which he pours into ...
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Is it a good practice to use a name for a company if that name already occurs in a couple of other domain names? [closed]
Not sure if this is a proper community to post this question, if not, please recommend me one.
I had a name in my mind (let's call it <the_name_i_like>) for my website and company, so I ...
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How to estimate scaling up costs of a project?
Let's consider an entrepreneur decides to create a new company like Airbnb, Netflix, etc. The problem is about the software part. He doesn't know how long it takes to create the mobile/web app? How ...
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How to approach this: Percentage change in one KPI leading to change in other KPIs?
I want to know how can I approach or model this problem. I have 7 KPIs (3 of them dependent on each other) and one main KPI (total 8 KPIs). I want to understand effect of these 7 KPIs on the main KPIs....
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Business Case - Strategic Alignment
I am a college student studying a unit on Web Project Management. I have an assessment in which I have to plan a website design project for a client as part of an agency.
I am currently writing the ...
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Objectives? and Benefits? Separate questions on a Business Case form I need to fill in
These seem similar questions.
I guess Objectives are as in SMART and tangible.
Benefits less tangible and broader?
Can anyone please explain the difference and perhaps include examples to illustrate?
...
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How to show potential benefits of suggested solution?
I am working on call centre projects and analyzing their operational data to determine the source of longer call duration time. As a part of the solution recommendation, I am suggesting 2 software, ...
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What should be Assumption for a network project?
I am working on providing wireless infrastructure suggestions to a client like what software, hardware and equipment will be required to a client in order for them to set up the wireless ...
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What should be cover in Functional and Non-Functional requirements for a network project?
I am working on providing wireless infrastructure suggestions to a client like what software, hardware and equipment will be required to a client in order for them to set up the wireless ...
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How to represent the current business situation using process flow or modelling? [duplicate]
I am working on a small case study of the restaurant who is suffering a loss in business of nearly about 70-80% due to COVID-19 situation so the business owner would like to revamp his whole business ...
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First step in analyzing the problem and coming up with the solution [closed]
I am working on a small case study of the restaurant who is suffering a loss in business of nearly about 70-80% due to COVID-19 situation so the business owner would like to revamp his whole business ...
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How to order large amount of business requirements properly?
We continuously develop, operate and maintain a hardware-software system. The last year a load of complex business requirement (100-150) is accumulated but unfortunately not processed well. The ...
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What is the report called that tells you whether a business venture is worth pursuing?
This report would be distinct from a market research report which helps a business understand something central or auxiliary component of their existing business. I'm referring to a report that helps ...
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How to identify risks in a given case study? [closed]
I am working on a case study which is like below :
Economic inequality is a huge issue. A recent study found that the world's 80 wealthiest individuals own as much as the entire world's poorest 3.5 ...
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The SWOT analysis is applied to the company or to every decision alternative?
If a company were to pursue different project alternatives in which to invest, would I perform a SWOT analysis on each project alternative or should I do a SWOT analysis of the company and, based on ...
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Prince2 Business Options and the Contents of a Detailed Business Case
I'm currently studying Prince2 and am working through the business case theme. My question is about the business options in the detailed business case document, and how the contents of the business ...
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Use Case: Postcondition vs Expected Outcome
Is Expected Outcome interchangeable with Postcondition depending on your use case structure?
Should Expected Outcome and Postcondition be explicitly differentiated from each other?
Say I have a ...
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What is the best way to link the Business Cases to the user stories in Scrum?
I am Product Owner of a Scrum Team which has to develop features for multiple business units. All these features are translated in user stories. Of course, some features are developed for multiple ...
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What questions to ask and how to create spec based on provided information
I am interviewing for a trainee BA position and they have given me this scenario to answer. I am not sure on the correct questions to ask and how to develop a requirements spec based on what is ...
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How do you financially quantify the 'holding cost' of not releasing items until you have a big batch?
In Don Reinertsen's book - Principles of Product Development Flow - the tradeoff between release size (number of stories) and release cost (regression test cost and release cost) is described like ...
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Value Adding VS Non Value Adding - Technique to identify.
For this question how would I go about identifying the non value adding?
In my opinion non value adding would be activities with a wait and huge delay = 2,3,5,6,9 and 10
On a side note, would any of ...
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How to communicate technical obstacles?
For my project management class we have been proposed with a case and have been asked to come up with a proposed solution. I am not quite sure how to approach this, or what the best solution might be. ...
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Is this a standard/typical/best practice way to display information on a business value - risk diagram?
The image below has a series of projects (letters) tracked in terms of value vs risk. Each project is shown as a pair of nested boxes, with the inner box broken into four quadrants. I have never ...
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Recode or Recycle?
I am a developer for a non-IT company whose main service is marketing. There's not much technical people when I came on board, just one who is the project manager and all of their IT projects (...
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Determining Use Cases from Statement
I am new to working with project diagrams such as Use Cases, Activity Diagrams, etc. I was wondering where one might start in determining the use cases out of a business case:
"There shall be a ...
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Big Bang vs Phased Implementation - Impact on Time and Cost
I am preparing a business case for a new Project.
We have been debating the implementation model and the differences between a big-bang implementation, and one that is phased either but business ...
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How calculate profit margin of a IT project?
I want to calculate:
How much money I have for each dollar invested in each product of my portfolio. For example, each 1 dollar I invest in one product, I have 1,25 dollar. It can be the ROI, or ...
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How to do a business case reboot?
Background
I’ve been tasked with updating the business cases underlying several projects in a program that is significantly over-schedule and over-budget. I’m anticipating that this exercise will ...
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What is the best way to discover, prioritize, and iteratively deploy business intelligence solutions?
BACKGROUND: Have a client that has terabytes of transactional data and they would like to begin leveraging the data they have, but beyond the knowledge it's possible, and the belief that an analytic ...
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help using ROI/NPV to justify a project that allows you to sell more
We want to get a project justified, using ROI and/or NPV, but it seems to be difficult:
We are a company that sells products on our internet site, and now we want to implement a system that give ...
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What 'economic drivers' should be part of our "software business case"?
So we need to perform a feasibility study of one of our initiatives and need to present it to the 'higher ups' - It needs to incorporate numbers (estimates) both from the perspective of tangibles and ...
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How to decide to take a project when it's depending on a tool your team doesn't know?
It happened to me recently, I'm kinda newbie on PMing, so I ask this to an experienced community.
A potential client contacted me through the guy (intermediary) who offered the job to me. But to ...
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How can I gather requirements from those who don't want to give time for interviewing?
Actually, I'm a fresh CS graduate, who wants to build a system for his dad's road transport business.
However, the issue is, whenever I go to ask to him about:
who are the people involved in his ...
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How can I get our business leadership engaged with our Agile team?
I continue to see Agile adoptions that focus on the R&D or Engineering team. There seems to be this acceptance that the core of Agile rests there. I'm absolutely not convinced. I think that if the ...
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Is the PM responsible of producing the Executive Summary?
My understanding is that this Summary, along with the majority of the Business Case, should be developed by the Executive role.
I have been requested to produce an Executive Summary since I will ...
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