Conducting a Business Case Analysis
The conducting of a business case analysis is always done by the stakeholders of a project. This is because they will be financially responsible for the success or failure of this business venture. They will also be the ones that have the greatest chance of losing money if the right decision is not made. There is another person in the organization that should also do a business case analysis . This is the project manager. This will allow them to thoroughly understand just what is needed, to gain approval from the stakeholders. The first step in a business case analysis is to understand just what the stakeholders are looking for in a business venture. At the top of all of them is the profitability of the project. This has to include not only how much money the deliverable will make, but also the margin of profit. It would be great if a deliverable could be sold for $1,000 each. It would even be better if it had a value to the customer to the point they are willing to pay this $1,000 f...