Your Guide to Project Management Best Practices

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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.

Project Terms of Reference (ToR) Template: Writing Tips

Templates

Project Terms of Reference (ToR) Template: Writing Tips

Terms of Reference (ToR) provide a statement of the proposed project’s background, purpose, and objectives. A ToR template includes a range of criteria that are necessary for strategic project management decision-making. In addition, this document defines the activities, risks, budget, and expertise related to the project

activity schedule

Templates

Project Activity Schedule Template

An activity schedule is an analytical tool for graphically presenting and reviewing the activities of a project. It helps to identify the logical sequence of the activities, estimate their duration, and denote any dependencies that exist between them. The activity schedule also serves as a foundation for allocating management authority and responsibility. Having the activity schedule prepared, the project manager can plan for further specification of resources and estimation of costs… The following Project Activity Schedule Template is designed to help project managers create the schedule. The template describes 6 steps of the schedule development process.

remote team benefits

Teamwork & Leadership

How to Benefit from Remote Workers

Technology innovations pave the way for better and more simplified relationships between employers and their workers. Due to advances in telecommunications and virtual collaboration today business organizations can employ remote workers and control their performance from almost anywhere in the world. A business owner is able to use remote communication technologies to monitor job efficiency and direct effort of remote workforce, while saving money and company resources. Let’s explore the barriers on the road to using virtual workforce and define the benefits business owners gain from remote workers