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Let's figure out the initiation business case
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for your project.
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Either compare your project to another
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with known information or do your best to itemize
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the costs and benefits and estimate the monetary amounts.
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What are the benefits?
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What are the costs?
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What is the benefit cost ratio,
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the benefits divided by costs?
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Now, you have the justification required to proceed
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to planning and know how much effort to expend
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during planning with a budget of 5%
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of the initiation business case estimate.
1090
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