What is a business case and why on earth is it so integral to the world of project management? It is the
foundations with which our project is built and as the complexities and costs increase, so does the importance of
the business case.
Here, lead PRINCE2 trainer Richard Lampitt discusses in further detail the fundamental importance of the business case in Project Management
A business case is an argument, usually documented, that is intended to convince a decision maker to approve some kind of action. The document itself is sometimes referred to as a business case.
A Pre-feasibility Study is conducted to obtain an overview of the problem and to roughly assess whether feasible solutions exists prior to committing substantial resources to a project, or even before spending a lot of money for the feasibility Study itself.
A business case is an argument, usually documented, that is intended to convince a decision maker to approve some kind of action. The document itself is sometimes referred to as a business case.
A Pre-feasibility Study is conducted to obtain an overview of the problem and to roughly assess whether feasible solutions exists prior to committing substantial resources to a project, or even before spending a lot of money for the feasibility Study itself.
On Wednesday 13th March Peter Langley, past chairman and current committee member of the Value Management SIG, made the long journey from Beverley in East Yorkshire to Reading to ask “Does the project manager stand a chance?”
This PowerPoint Presentation discuss basics of Project Formulation. I tried my best to make this presentation easy and attractive as much as possible so that it can easily get edited as per your convenience. I hope it'll be of some use and you found what you are looking for in it. Thank you for your time.
Project Analysis And Valuation - Introduction To Project Analysis And ValuationASAD ALI
Valuation analysis is used to evaluate the potential merits of an investment or to objectively assess the value of a business or asset. Valuation analysis is one of the core duties of a fundamental investor, as valuations (along with cash flows) are typically the most important drivers of asset prices over the long term.
Project Appraisal Concepts Methods And Techniques PowerPoint Presentation Sli...SlideTeam
Presenting this set of slides with name - Project Appraisal Concepts Methods And Techniques PowerPoint Presentation Slides. This is a one stage process. The stages in this process are Project Appraisal Concepts, Methods And Techniques, Project Assessment, Project Evaluation.
270 applications need to be accessed by users from outside the company. In many cases, this could imply complex VPN architecture to enforce security, and high deployment and support costs.
Virtel’s thin-client two-tier architecture simplifies the deployment and support compared to client or middle-tier server based products. There is nothing to install or support outside the mainframe: no client apps and no middle-tier servers. The installation and support are 100% host-based. Users simply point their web browsers to an installation-defined URL to reach the logon menu.
Virtel also combines industry-standard mainframe and IP security with a proprietary token-based system. Virtel customers no longer need a VPN to secure their mainframe access: significant savings could be realized in licensing and support costs.
On Wednesday 13th March Peter Langley, past chairman and current committee member of the Value Management SIG, made the long journey from Beverley in East Yorkshire to Reading to ask “Does the project manager stand a chance?”
This PowerPoint Presentation discuss basics of Project Formulation. I tried my best to make this presentation easy and attractive as much as possible so that it can easily get edited as per your convenience. I hope it'll be of some use and you found what you are looking for in it. Thank you for your time.
Project Analysis And Valuation - Introduction To Project Analysis And ValuationASAD ALI
Valuation analysis is used to evaluate the potential merits of an investment or to objectively assess the value of a business or asset. Valuation analysis is one of the core duties of a fundamental investor, as valuations (along with cash flows) are typically the most important drivers of asset prices over the long term.
Project Appraisal Concepts Methods And Techniques PowerPoint Presentation Sli...SlideTeam
Presenting this set of slides with name - Project Appraisal Concepts Methods And Techniques PowerPoint Presentation Slides. This is a one stage process. The stages in this process are Project Appraisal Concepts, Methods And Techniques, Project Assessment, Project Evaluation.
270 applications need to be accessed by users from outside the company. In many cases, this could imply complex VPN architecture to enforce security, and high deployment and support costs.
Virtel’s thin-client two-tier architecture simplifies the deployment and support compared to client or middle-tier server based products. There is nothing to install or support outside the mainframe: no client apps and no middle-tier servers. The installation and support are 100% host-based. Users simply point their web browsers to an installation-defined URL to reach the logon menu.
Virtel also combines industry-standard mainframe and IP security with a proprietary token-based system. Virtel customers no longer need a VPN to secure their mainframe access: significant savings could be realized in licensing and support costs.
Corporate office building attached to an existing industrial building. The building is made up of a ground floor and two higher standard floors. The ground floor holds the access to the building, the reception, the meeting room, dining facilities for workers and an outdoor terrace. The other two higher floors have a spacefull distribution for locating all working desks. Size of the module: 15m x 3,68m x 3,04m.
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Making your message comprehensive and translating it into visuals, is all you need to get the maximum conversions. However, you must educate yourself on the nitty-gritties that would appeal to your target audience.
Here are 3 important elements that could be used efficiently to drive business sales.
PALESTRA proferida pelo PR. JOARY CARLESSO, da AD Joinville/SC, no LIDERAR SUL, em Porto Alegre/RS, evento promovido pela CPAD - Casa Publicadora das Assembleias de Deus
A juventude tem um papel de elevada importância nas mudanças sociais do Brasil. Ela encontra-se no seu pico populacional constituindo cerca de um quarto da população brasileira. Trata-se do maior número de jovens da história do país e que representará durante um longo período um contingente expressivo da população. Não é possível, portanto, pensar o desenvolvimento econômico e inclusão social do país sem considerar a juventude. Além do mais, nosso país ultrapassa uma grave série de crises nas mais diferentes esferas da sociedade, e a juventude assembleiana, em especial, precisa entender o poder que há em suas mãos, dado pelo Senhor Deus Todo Poderoso, para mudar a realidade social de nossa nação, e combater tudo aquilo que fere os princípios éticos e a Palavra de Deus.
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The funkiest PRINCE2 Processes revision guide on the internetKnowledge Train
A PRINCE2 Foundation course lasts about 3 days - that's a lot of information to take in. This e-book has been designed with the anxious student in mind, using simple descriptions and a graphical, cartoon-style mind map for each PRINCE2 Process.
For your PRINCE2 exam, you will need to master the PRINCE2 Principles, Themes and Processes. You can download the full set of PRINCE2 mind map e-books here:
http://www.knowledgetrain.co.uk/project-management-ebooks.php
Here is what others have said about the PRINCE2 revision e-books:
“Excellent PRINCE2 revision e-books. Extremely well put together and I’m very impressed! I’d say
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these PRINCE2 revision e-books. Definitely worthwhile reading.” - Henny Portman, PMO consultant at ING Insurance
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“Never has PRINCE2 been explained so beautifully.” - Paul Naybour, Project Management Training Consultant at Parallel Project Training
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How to set realistic priorities for it budget planning it-toolkitsIT-Toolkits.org
Once you are aware of your budgeting “realities”, you can begin the process of identifying related priorities, which will shape and refine actual budget results.
Will it be possible to maintain the budget and still provide the necessary services and projects?
If not, what items in the budget can be reduced to compensate?
If budget cuts are in order, how will essential services and projects still be provided?
How will difficult budget decisions be made and communicated?
How will you deal with staff disappointments and end-user complaints?
Project Plan Development - A FlackVentures Training ExampleKate Pynn
Project planning is the construction of a dynamic agreement across diverse functional groups involved in a project. This agreement specifies:
Goals and deliverables of the project
What is being developed
Major activities that will be performed to achieve those goals
The assumptions that were made
Major risks, as they become known
As per the PfMP Certification, it is critical to keep track of project progress in order to keep the timetable on track. Six elements included in comprehensive project reports are mentioned here.
GETTING STARTEDOverview of the ProjectNothing is impossible fo.docxgilbertkpeters11344
GETTING STARTED
Overview of the Project
Nothing is impossible for the man who doesn’t have to do it himself.
—A. H. WEILER
INTRODUCTION
The job of a business executive requires coordination of the many activities necessary to create a successful business. Markets must be analyzed, potential customers identified, strategies for creating and delivering products and services must be developed, financial goals established and reported, legislative mandates followed, and many different stakeholders satisfied. To ensure that these objectives are met, businesses eventually develop a series of processes designed to produce the desired result. But the world is a dangerous place. Earthquakes, floods, tornadoes, pandemics, snowstorms, fire, and other natural disasters can strike at any time and interrupt these important processes. Terrorism, riots, arson, sabotage, and other human-created disasters can also damage your business. Accidents and equipment failures are guaranteed to happen. As an executive responsible for the well-being of your organization, it is critical that you have a plan in place to ensure that your business can continue its operations after such a disaster and to protect vital operations, facilities, and assets.
You do this just like you do any other important task; you analyze the situation and create a plan. A disaster recovery plan keeps you in business after a disaster by helping to minimize the damage and allowing your organization to recover as quickly as possible. While you can’t prevent every disaster, you can with proper planning mitigate the damage and get back to work quickly and efficiently. The key is having a well-thought-out and up-to-date disaster recovery plan. This chapter will lead you through the creation and implementation of a project plan for creating an effective disaster recovery plan.
Disaster recovery is to recover from a significant disaster, such as a roof collapse in the computer room or a fire in a significant portion of the offices. A disaster almost always requires rebuilding a portion of the business in a recovery area in a very short time. Business continuity, also known as business resilience, involves identifying and mitigating critical machines that may fail. For example, a failure of the database server may close down online customer orders, so a second server is clustered and the disk storage is mirrored to provide redundancy.
THE DISASTER RECOVERY PLAN PROJECT
Building a disaster recovery or business continuity plan is much like any other business project. A formal project management process is necessary to coordinate the various players and company disciplines required to successfully deliver the desired results of the project. This chapter will give you a high-level roadmap of what you should expect as you prepare to lead or manage a disaster recovery project. A sample project plan is included in the companion url accompanying this book. Adapt this chapter and the project plan to fit your bu.
GETTING STARTEDOverview of the ProjectNothing is impossible fo.docxshericehewat
GETTING STARTED
Overview of the Project
Nothing is impossible for the man who doesn’t have to do it himself.
—A. H. WEILER
INTRODUCTION
The job of a business executive requires coordination of the many activities necessary to create a successful business. Markets must be analyzed, potential customers identified, strategies for creating and delivering products and services must be developed, financial goals established and reported, legislative mandates followed, and many different stakeholders satisfied. To ensure that these objectives are met, businesses eventually develop a series of processes designed to produce the desired result. But the world is a dangerous place. Earthquakes, floods, tornadoes, pandemics, snowstorms, fire, and other natural disasters can strike at any time and interrupt these important processes. Terrorism, riots, arson, sabotage, and other human-created disasters can also damage your business. Accidents and equipment failures are guaranteed to happen. As an executive responsible for the well-being of your organization, it is critical that you have a plan in place to ensure that your business can continue its operations after such a disaster and to protect vital operations, facilities, and assets.
You do this just like you do any other important task; you analyze the situation and create a plan. A disaster recovery plan keeps you in business after a disaster by helping to minimize the damage and allowing your organization to recover as quickly as possible. While you can’t prevent every disaster, you can with proper planning mitigate the damage and get back to work quickly and efficiently. The key is having a well-thought-out and up-to-date disaster recovery plan. This chapter will lead you through the creation and implementation of a project plan for creating an effective disaster recovery plan.
Disaster recovery is to recover from a significant disaster, such as a roof collapse in the computer room or a fire in a significant portion of the offices. A disaster almost always requires rebuilding a portion of the business in a recovery area in a very short time. Business continuity, also known as business resilience, involves identifying and mitigating critical machines that may fail. For example, a failure of the database server may close down online customer orders, so a second server is clustered and the disk storage is mirrored to provide redundancy.
THE DISASTER RECOVERY PLAN PROJECT
Building a disaster recovery or business continuity plan is much like any other business project. A formal project management process is necessary to coordinate the various players and company disciplines required to successfully deliver the desired results of the project. This chapter will give you a high-level roadmap of what you should expect as you prepare to lead or manage a disaster recovery project. A sample project plan is included in the companion url accompanying this book. Adapt this chapter and the project plan to fit your bu ...
Viewing projects as a business tool changes how you go about them and what you expect as results. It can dramatically increase the value, results and levels of success.
It requires taking a different perspective—a business perspective and ignoring many of the project-based myths.
If there is one simple step you can take to improve project performance it is this—see projects as a business tool to be directed, controlled and managed by the business. It really is that simple.
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Modern Database Management 12th Global Edition by Hoffer solution manual.docxssuserf63bd7
https://qidiantiku.com/solution-manual-for-modern-database-management-12th-global-edition-by-hoffer.shtml
name:Solution manual for Modern Database Management 12th Global Edition by Hoffer
Edition:12th Global Edition
author:by Hoffer
ISBN:ISBN 10: 0133544613 / ISBN 13: 9780133544619
type:solution manual
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All chapter include
Focusing on what leading database practitioners say are the most important aspects to database development, Modern Database Management presents sound pedagogy, and topics that are critical for the practical success of database professionals. The 12th Edition further facilitates learning with illustrations that clarify important concepts and new media resources that make some of the more challenging material more engaging. Also included are general updates and expanded material in the areas undergoing rapid change due to improved managerial practices, database design tools and methodologies, and database technology.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
1. Business cases – the project fundamentals, by Richard Lampitt
What is a business case and why on earth is it so integral to the world of project management? It is the
foundations with which our project is built and as the complexities and costs increase, so does the importance of
the business case. You will find it in every facet of the project, risk and programme management world. Whether
this a bespoke ‘Better Business Cases™’ course outlining the 5 case model or a component of PRINCE2®, MSP® and
MoR®. In fact, any best practice project or programme method. There is no escaping its fundamental importance.
It’s quite simple…every business case should answer and
document the basic, yet fundamental question - “WHY
are we doing this project”?
The business case is key to answering this question and
no project should start, or continue, unless the WHY
is sufficiently justified and backed up by a sound and
continuing business investment. But where do you start
to capture such information? Who should be involved
in the input of such information? What should happen
to the business case once it’s been created? These are
common questions which people ask us and without the
right information, projects often muddle along as simply
a means without an end.
Key components of a business case
The end result of a project and in turn the business case,
should be focussed on generating outcomes, changes
in circumstances, changes in real-world behaviour. This
should lead to measurable improvements.
What you need to check
• Benefits – what are they and how they should be
mapped, from the outcomes the project is aiming to
achieve.
• Outcomes – they will be derived from using the
products (outputs) the project is aiming to deliver.
• Products (outputs) - that they are capable of
generating the outcomes and consequently the benefits.
• Costs – make sure the investment of delivering the
project is not outweighing the benefits to be gained from
that investment.
• Risks – ensure that the risks of doing the project are
not outweighing the benefits.
• Project – finally, the project itself must have the
capability, capacity and means of delivering the products.
If any of these are not deemed to be the case, then the
project should be redirected or perhaps even stopped.
The business case should include sufficient information
to be able to answer these fundamental questions. The
information should include:
TRAINING PROFESSIONALS
2. What should happen to the business case information
during the project?
The business case will be created and approved at
the beginning of the project, but once the project is
underway the information should be updated if certain
project circumstances change, i.e. the project costs,
timescales, benefits and major risks could all increase or
decrease. If the business case is not updated to reflect
such changes in circumstances, then the ‘executive’ will
not be in a position to assess whether the project is still
viable. The current baselined version of the business
case should remain unchanged. However, a new version
should be created and the necessary changes applied.
Previous versions should be archived to assist with
assessing on-going project performance and overall
performance at the end of the project. The following is a
summary of the business case development path.
At the beginning of the project
During start-up, the executive role is responsible for
creating the ‘outline’ business case, but often assisted
by the project manager. You should involve other people
to help input to its creation. For example, the ‘senior
user(s)’ is responsible for specifying the desired benefits
and other people (such as business analysts), can help
with identifying the business requirements and finance
staff can help with collating the investment appraisal
information.
During initiation, the project manager is responsible for
taking the outline business case and extending it into a
detailed business case. The detailed business case will
include the estimated project cost and timescale and
the investment appraisal. During initiation, it is likely
that further benefits and major risks can be identified
whilst planning the project. This additional information is
included in the business case.
During the project
At the end of each stage, the project manager is
responsible for updating the business case to reflect
the new forecast cost and timescales of delivering the
project, changes in forecast benefits, major risks and
any external factors which could affect the business
justification for doing the project.
The project board (the executive in particular) will review
the updated business case at the end of each stage to
check that the project is still justified. I.e. that the project
costs and/or risks don’t outweigh the benefits, that the
project remains aligned with business objectives and that
it is still going to deliver value for money.
Whilst work is in progress during each stage, the project
manager should assess what impact any issues and
risks would have on the business case and escalate any
adverse effects to the project board for their attention.
At the end of the project
At the end of the project, the first version of the business
case is reviewed to compare the original planned time.
The cost and benefits are assessed against the final
version of the business case to help gauge project
performance and identify any lessons to be learned for
future similar project investments. I.e. what differences
are there between planned and actuals for costs,
timescales and benefits, and assessing why it’s any
different.
Key take outs
1. A business case answers the fundamental question
‘why do we need this project?’
2. What are the key components of a business case?
3. Who initiates and develops the business case?
4. What happens to a business case at the start, during
and end of a project?
• Reasons for doing the project - an explanation of the historical and/or current business problem/need/opportunity.
• Business options - explanation of the ‘do nothing’, ‘do the minimum’ and ‘do something’ options to address the
problem/need/opportunity and a synopsis of the chosen business option.
• Expected benefits - the improvements expected, expressed in a quantified and measurable way. Benefits can be
both financial and non-financial.
• Costs - a summary of the project costs including any ongoing operational and maintenance costs related to the
products being created. You must include the funding arrangements for both of these.
• Timescales - the key start and completion dates of the project and how long the project is expected to take. Also
include when benefits are expected to accrue and the period over which the benefits are expected to last.
• Major risks - the major threat-related risks which would significantly weaken and/or invalidate the business case.