Project Management

PPM 101: Case to Case

Tom Mochal

Tom Mochal, PgMP, PMP, TSPM is the president of TenStep, Inc., a methodology development, consulting and training company. Tom won the Distinguished Contribution Award from the Project Management Institute for his work spreading knowledge of project management around the world. He is a speaker, lecturer, instructor and consultant to companies and organizations around the world.

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In choosing which projects deserve scarce resources and which can wait, business cases, built on a common set of documentation, can help organizations better compare potential benefits and value, estimated costs and risks. Here is a checklist of information that should be included when building a common business case template.

Done right, project portfolio management can do a lot of good for any organization. But it’s not easy, as many companies, large and small, have discovered. In PPM 101, an ongoing series by veteran project management consultant and author Tom Mochal, we focus on the fundamentals for organizations that are just getting started on the PPM path.
 
It is a given that you have more work in your organization than you have resources and time. So, it is important to authorize projects that promise the most value and are best aligned to business goals and strategies. This is easy to say, but it can be difficult and tedious to implement. How can you easily compare projects in the Finance Department with those in Sales, Manufacturing, HR and IT? All of them have some benefit, but which one are the most valuable? Which ones are the most aligned?
 
One of the ways to make this comparison of projects is to require that each project be described and justified using a common set of documentation. The key document is the common Business …

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"Anyone can become angry - that is easy, but to be angry with the right person, to the right degree, at the right time, for the right purpose and in the right way - that is not easy."

- Aristotle

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