Documents in Logical Order ( Project Feasibility Study (Large projects,…
Documents in Logical Order
Project Initiation document
Defines the terms of reference for the project & is approved by the project board
Outlines the terms & conditions of the agreement
Describes the project at a high level of detail & is used to authorize the project manager to begin work
The business case is often complex & may require financial analysis, technical analysis, organization impact analysis & a feasibility study.
Describes the justification for the project if the expected benefits outweigh estimated costs & risks.
Statement that describes the purpose, cost, time performance requirements & constraints of a project
Request For Proposal (RFP)
Describes a need for products &/services & the conditions under which they are to be provided
Project Feasibility Study
Large projects, feasibility study could be a project in itself.
End result is a clear reason to proceed with a project or not
Assessed before the project proceeds & consider whether the project is technically feasible, has organizational support, & has the financial backing to be completed.
Cost Benefit Analysis
Analysis of the relationship between the costs of a task, initial & recurrent & the benefits likely to arise from the change
A document outlining the buy (purchase components) or make (own components) decision.
The availability of resources & benefits of outsourcing affect this decision
Defines what work must be included & what must be excluded