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Business Case
A business case for a project is a detailed investment proposal. It
provides an analysis of the costs, benefits and risks associated with a proposed
investment and offers reasonable alternatives. It
provides information necessary to make a decision about whether a project should
proceed. It is
the indispensable first activity in the lifecycle of an IT investment.
How can one select the right mix of IM/IT projects that best meet mission
needs and improvement priorities? The IM/IT Investment Evaluation Guide
explains how to do so: assess and organize current and proposed IM/IT projects and create a portfolio
of IM/IT projects; periodically assess the progress of the projects against their projected cost, scheduled
milestones, and expected benefits; and constantly improve the organization's IM/IT investment process.
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