BUSINESS CASE VS PROJECT PLAN.docx - Running Head BUSINESS CASE AND PROJECT PLAN Business Case and Project Plan Wilmington University 1 2 BUSINESS CASE

BUSINESS CASE VS PROJECT PLAN.docx - Running Head BUSINESS...

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Running Head: BUSINESS CASE AND PROJECT PLAN 1 Business Case and Project Plan Wilmington University
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2 BUSINESS CASE AND PROJECT PLAN Business Case and Project Plan Business case entails justification of undertaking a project and enumerates the reason for doing a particular project and its intended achievement. It is a roadmap that captures the reasoning for initiating a product or task and contains information needed for authorization of a project. Basically, it is a justification of undertaking a project. On the other hand, project plan is a formal approved document used to guide project execution and control. It enhances communication among stakeholders and document approved scope cost and schedule baselines. The recipients of project plan information in information technology is IT steering committee to obtain organizational agreement to fund the project and provide resources. The business case should be done before the project plan that is because once you have an approved project plan then you give a go ahead to for project manager to authorize the allocation of resources to accomplish the desired objectives. Complication will arise if project plan is approved before the business case is approved since there will be a conflict of time to plan and organize the activities and cost for a project manager. Also, an organization that has project portfolio in place if the case is not approved first then the project will be canceled. The project plan is necessary after the approval of a business case in splitting multiple projects to come up with business case solution. In this case, a project plan for each project will be required to define what part of business case scope that particular project was brought by to take care of.
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