Page 8 - IT Project Management Framework - Identification
P. 8


                                                     Costs                       Costs

                     Benefits                                                                                Benefits

                                    Approval                                                Cancellation

               • So once the proposal is written, the project sponsor evaluates it to ensure project costs and
                  benefits are weighed before a commitment of resources is made and that the project to be taken
                  will create value to the organization.

               • If unfortunately the proposal failed to justify the project, the project sponsor will cancel the project,

                  and that’s the end of the story.

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