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PRINCE2 2009 - Business case part 4

Business Case defined

Types of Business Case

The reasons for undertaking projects vary enormously and are largely driven by their environment.
The nature of the project will determine the objectives that will be used to verify the desirability of the project and later to confirm that the project’s products have met those objectives.

Such objectives will be measured differently depending on the type of project, for example:

  • Compulsory project
  • Not-for-profit project
  • Evolving project
  • Customer/supplier project
  • Multi-organization project.

Some of these projects may be measured principally on ‘return on investment’, but others (particularly the compulsory or not-for-profit projects) may be measured on other non-financial benefits.

Regardless of the type of measure being used, the question remains: for this level of investment, are the anticipated benefits more desirable, viable and achievable than the other options available?

More details showing how the project environment affects the Business Case are provided in the section ‘Tailoring PRINCE2® to the project environment’.

PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.

This product contains EVERYTHING in the publications:

Managing Successful Projects with PRINCE2 - 2005 edition
Managing successful Projects with PRINCE2 – 2009 edition
Directing Projects with PRINCE2.
plus:
The Complete Project Management package.

And much more besides - at a fantastic price.