Project Management L4
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Project Management L1 strategic management L1 Entrep lesson l4 STRATE
22 terms 39 terms 36 terms 8 terms
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• first phase within the project management life cycle, as PROJECT INITIATION
it involves starting up a new project.
• Within the initiation phase, the business problem or
opportunity is identified, a solution is defined, a project is
formed, and a project team is appointed to build and
deliver the solution to the customer.
• A business case/proposal (sometimes called feasibility
study) is created to define the problem or opportunity in
detail and identify a preferred solution for
implementation.
• A detailed description of the problem or opportunity business case/proposal
with headings such as Introduction, Business Objectives,
Problem/Opportunity Statement, Assumptions, and
Constraints
• A list of the alternative solutions available
• An analysis of the business benefits, costs, risks, and
issues
• A description of the preferred solution
• Main project requirements
• A summarized plan for implementation that includes a
schedule and financial analysis
Leave the first rating
Save Groups
Students also studied
Flashcard sets Study guides
Project Management L1 strategic management L1 Entrep lesson l4 STRATE
22 terms 39 terms 36 terms 8 terms
juvs_Hndsm Preview juvs_Hndsm Preview juvs_Hndsm Preview juvs
Terms in this set (20) Hide definitions
• first phase within the project management life cycle, as PROJECT INITIATION
it involves starting up a new project.
• Within the initiation phase, the business problem or
opportunity is identified, a solution is defined, a project is
formed, and a project team is appointed to build and
deliver the solution to the customer.
• A business case/proposal (sometimes called feasibility
study) is created to define the problem or opportunity in
detail and identify a preferred solution for
implementation.
• A detailed description of the problem or opportunity business case/proposal
with headings such as Introduction, Business Objectives,
Problem/Opportunity Statement, Assumptions, and
Constraints
• A list of the alternative solutions available
• An analysis of the business benefits, costs, risks, and
issues
• A description of the preferred solution
• Main project requirements
• A summarized plan for implementation that includes a
schedule and financial analysis
