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What is a business plan?

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Mahalmadane Touré Engineer| National Headquarters of Geology and Mines of Mali (Bamako) Mali
What is a business plan?
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
This can be pretty broad. Can you provide some context, Mahalmadane?
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1 reply by Mahalmadane Touré
Oct 05, 2017 3:58 PM
Mahalmadane Touré
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In the context of project management.
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Mahalmadane Touré Engineer| National Headquarters of Geology and Mines of Mali (Bamako) Mali
Oct 05, 2017 2:36 PM
Replying to Stéphane Parent
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This can be pretty broad. Can you provide some context, Mahalmadane?
In the context of project management.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
There is no sense to think about business plan in the context of project management. The only things that matters in the context of project mangement is the product/service/result to be created to achieve a business objective in the famework of a solution that will impact the project scope in relation to time, scope, quality and costs.
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1 reply by Mahalmadane Touré
Oct 05, 2017 4:13 PM
Mahalmadane Touré
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Thank you very much my dear friend for your clarification. To be honest I bumped into the terms business plan while reading a book but I wasn't able to figure it out what it's exactly. So I still need your help to know what it's.
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Mahalmadane Touré Engineer| National Headquarters of Geology and Mines of Mali (Bamako) Mali
Oct 05, 2017 4:05 PM
Replying to Sergio Luis Conte
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There is no sense to think about business plan in the context of project management. The only things that matters in the context of project mangement is the product/service/result to be created to achieve a business objective in the famework of a solution that will impact the project scope in relation to time, scope, quality and costs.
Thank you very much my dear friend for your clarification. To be honest I bumped into the terms business plan while reading a book but I wasn't able to figure it out what it's exactly. So I still need your help to know what it's.
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1 reply by Sergio Luis Conte
Oct 05, 2017 4:33 PM
Sergio Luis Conte
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Here comes (hehehe). First, you need to understand what is a business. An organization will have multiple business defined into it. A business is defined by three vectors: the need to be satisfied, the client which have the need, the technology (in wide sense) to be used to satisfy the need. When the business is defined then a plan to get the business must be created. If you see a business plan is a mix between a business case and a project plan at high level definition.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Oct 05, 2017 4:13 PM
Replying to Mahalmadane Touré
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Thank you very much my dear friend for your clarification. To be honest I bumped into the terms business plan while reading a book but I wasn't able to figure it out what it's exactly. So I still need your help to know what it's.
Here comes (hehehe). First, you need to understand what is a business. An organization will have multiple business defined into it. A business is defined by three vectors: the need to be satisfied, the client which have the need, the technology (in wide sense) to be used to satisfy the need. When the business is defined then a plan to get the business must be created. If you see a business plan is a mix between a business case and a project plan at high level definition.
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1 reply by Mahalmadane Touré
Oct 05, 2017 4:43 PM
Mahalmadane Touré
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Excellent explanation, now I understand it. Thank you very much for your kindness. I really appreciate it.
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Mahalmadane Touré Engineer| National Headquarters of Geology and Mines of Mali (Bamako) Mali
Oct 05, 2017 4:33 PM
Replying to Sergio Luis Conte
...
Here comes (hehehe). First, you need to understand what is a business. An organization will have multiple business defined into it. A business is defined by three vectors: the need to be satisfied, the client which have the need, the technology (in wide sense) to be used to satisfy the need. When the business is defined then a plan to get the business must be created. If you see a business plan is a mix between a business case and a project plan at high level definition.
Excellent explanation, now I understand it. Thank you very much for your kindness. I really appreciate it.
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1 reply by Sergio Luis Conte
Oct 05, 2017 4:48 PM
Sergio Luis Conte
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Just one comment I forgot. From the business plan organizations define business objectives. To achieve business objectives a product/service/result is need. The product/service/result is created by a project as you know.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Oct 05, 2017 4:43 PM
Replying to Mahalmadane Touré
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Excellent explanation, now I understand it. Thank you very much for your kindness. I really appreciate it.
Just one comment I forgot. From the business plan organizations define business objectives. To achieve business objectives a product/service/result is need. The product/service/result is created by a project as you know.
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Mahalmadane Touré Engineer| National Headquarters of Geology and Mines of Mali (Bamako) Mali
Ok I see. Again thank you for your help.
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Mike Dewing Senior Project Manager / Program Manager| MLD Holdings Ltd. Surrey, British Columbia, Canada
... not to be confused with the business case for the project and making sure there is a post benefits review plan (PRINCE2 term) to confirm the business case was indeed achieved (typically a period of time after a go live).
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1 reply by Mahalmadane Touré
Oct 06, 2017 5:30 AM
Mahalmadane Touré
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Thank you very much for your help.
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Sante Delle-Vergini, PhD Senior Project Manager| Infosys Melbourne, Victoria, Australia
And the project management plan which is kind of the business plan in terms of the project.
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1 reply by Mahalmadane Touré
Oct 06, 2017 5:30 AM
Mahalmadane Touré
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Thank you very much for your help.
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