Question: The project initiation phase is the first phase within the project management life cycle, as it involves starting up a new project. Within the initiation

The projectinitiation phaseis the first phase within the project management life cycle, as it involves starting up a new project. Within the initiation phase, the business problem or opportunity is identified, a solution is defined, a project is formed, and a project team is appointed to build and deliver the solution to the customer. A business case is created to define the problem or opportunity in detail and identify a preferred solution for implementation. The business case includes:

  • A detailed description of the problem or opportunity
  • A list of the alternative solutions available
  • An analysis of the business benefits, costs, risks and issues
  • A description of the preferred solution
  • A summarized plan for implementation

What is the value of developing a Business Case in project?

Discuss the various types of Requirements.

Address the significance of including the User-Experience (UX) in making project management as it applies to managing information technology.

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