Fred Obiero shares his expertise on creating a business case that is effective. He also gives solid tips for how to prepare and present a business plan that shows the value of your project. Your project will be recognized as a valuable part of your organization’s project portfolio. A business case must be presented by the Project Manager before any new projects can be approved or funded by an organization. It should explain the benefits of the project and how it aligns with the organization’s strategic direction. When developing a business plan, it is important to get input from all stakeholders. This will allow the Project Manager to collect details about all possible alternatives and cost/benefit analyses. This will help determine whether a project will go ahead or not. There are many reasons why a business plan is necessary. The three main reasons are:

Demonstrate the value that a program or project would bring to an organization Get approval for funding and resources to support the project Prioritize projects...