MyMG Team | Your Guide to Project Management Best Practices - Part 28

Your Guide to Project Management Best Practices

Author: MyMG Team

business case template

Templates

Business Case Template

A business case is a fundamental part of the project management process. This decision making tool aims to convince senior management of the need to invest resources in a proposed project rather than in other competing alternatives. A business case also helps analyze the financial and non-financial outcomes following from the project to determine how costs and revenue will change and what effects will occur after project completion.

This Business Case Template describes typical items to be included in a business case. It also gives some suggestions regarding document writing and presentation styles. This template will help business analysts, project managers, sponsors and other decision makers review the arguments for or against a proposed project. It is available for free downloading.

software project ROI

How-to Guides

How to Maximize Return on Software Investment Project

Because of increasing competition and growing business demands, today’s organizations are looking at increasing their investments in software and IT sector. IT and software investment projects are regarded as a way to grow business, improve competitiveness, and strengthen leading positions. However, the economic recovery remains uncertain, and most companies are concerned with gaining the most from their software investment dollars… This article describes a methodology organizations can employ to maximize the return on software investment projects. The methodology allows speeding project implementation and achieving ROI faster. It will show you how to define and track performance metrics to maximize the return on your software investment project.

A guide to project risk analysis

Downloads

Project Risk Analysis Guide

The Project Risk Analysis Guide provides only general recommendations regarding the processes involved in project risk analysis. It presents a simple yet practical approach to help project managers, analysts and other personnel in getting started with identifying and managing risks affecting their projects. The Guide does not provide a definitive explanation of all the methods, techniques and tools that can be utilized in complete risk analysis and management. But this document highlights an approach that covers the basics for implementing an effective risk analysis. This approach can be used in most projects for analyzing and responding to most types of risk.

A business case for IT investment project

IT & Software

IT Investment Business Case in 7 Steps

When a business organization decides whether or not to invest in a kind of technology innovation project, the first thing this organization needs to consider is the business value that can be delivered with this project. In such situations, a business case can be used as a framework for measuring business value and profitability of IT investment opportunities in terms of ROI (Return on Investment). In this article you will find out how to develop a business case for an IT investment project. Here we describe a 7-step approach to writing IT investment business case.

feasibility study template

Templates

Feasibility Study Template: How to Assess Project Viability

This Feasibility Study Template gives decision makers responsible for undertaking a feasibility analysis a starting point for developing a complete and comprehensive document. The template provides a table of contents outlining what sections and sub-sections should be included in a feasibility study. It is available for free download. You can use this Feasibility Study Template to minimize document preparation pressures and develop a standard feasibility study document for use in the organization.