Business Case Vs Project Charter
Options a brief description of the different options considered and option.
Business case vs project charter. A project charter on the other hand is a formal documentation of how a project will be managed list of initial assumptions risk issues scope high level timeline etc. The end result is a document that tells the project manager to go and do. Hope that helps harry.
The relationship between the two is explained in very clear manner to ensure that the listener never gets confused again. It is important to identify how a project is selected amongst so many. To keep the project business case project management plan project charter and.
Project brief project charter. Category project management general description this audio clarifies the difference between business case and project charter. The process of developing the project charter will link the organization s business objectives with the project.
Definition and that is used as a basis for the authorization of further project. A business case identifies the business need for doing a project. It also explains the reason for project identification and selection.
The project overview a project overview contains a description of the business need purpose and product or service that is to be provided. Perhaps there is alot of similarity between the project proposal business case and project charter. Business case is a sales pitch or a funding request for the project to the management or investment board.
Business case vs project charter by pmclounge leave a comment business case and project charter are both documents that are created during the beginning the project. The purpose of the business case is to document the justification for the. A project charter is a formal document that authorizes the project team to execute.