6. Develop the business model (business plan and business case) and manage the project portfolio
Within your organization's project portfolio, projects are evaluated on the basis of strategic criteria. In this way, management can determine which projects are most beneficial, and can mobilize the appropriate resources for these projects. In the case of commercial projects, the criteria are set out in a business plan or business case, which defines the project with a medium-term horizon (between 3 and 5 years). As a general rule, they are implemented step by step in the product and project life cycle.
6.1 The business plan
The business plan describes a new commercial project with the aim of convincing capital providers of its economic viability. The business plan requires analysis to present the following points clearly, comprehensibly and convincingly:...
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Develop the business model (business plan and business case) and manage the project portfolio
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International Project Management Association, International Competence Baseline - ICB version 3 : 1.13 - Cost and Finance and 3.10 : Finance Management
Managing Successful Projects (MSP) with PRINCE2 ® , chap. 13 "Project Management Components - The Business Case".
Project Management Institute,...
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