A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts.
Written by Elizabeth Harrin from RebelsGuideToPM.com.
Let’s say you’ve been asked to look over a business case, or your sponsor has drafted a basic business case and has asked you to get it ready for the next review.
In this video, I’ll give you 5 things to look out for: 5 red flags that are worth spotting before your business case gets too far through the process of project acceptance, because if you don’t resolve them, the project will be really hard to manage and you’ll have all kinds of expectation management issues.
Financial Management Specialist | US Peace CorpsYaounde, Centre, Cameroon
Hi Elizabeth,
I am taking home the following three points
1.The need for a vision that is clear
2. An ambiguous scope is a barrier
3. Is the worst case scenario really the worst case? This a strategic question to answer
Constance Martin-WilsonCloud IaaS Integration Exectutive, PMO Director| IBMReading, Ma, United States
I wish this had been put on a slide the points.
Mahmoud IbrahimSenior Project Manager| Artificial intelligence Global CompanyRiyadh, Ar Riyad, Saudi Arabia
Yes the maths should be cleared
Elizabeth HarrinDirector| RebelsGuideToPM.comLondon, England, United Kingdom
@Constance The points are written down in this article, perhaps that will help? https://www.projectmanagement.com/blog-post/24153/16-Red-Flags-To-Look-for-in-Business-Cases
Lori FisherPresident, Owner| PLS Management ConsultingMantua, Oh, United States
Thanks Elizabeth! I'm using best practices and standards in an environment where I am introducing even basics of project and program management. I also joined the team with a year's worth of targets and plans are just starting and we are in Q2. These red flags help focus my team on issues we can control in a short time frame
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