Work Product (Artifact): Business Justification |
This artifact provides the motivating factors to initiate or invest in a particular project or product.
Relationships
Container Artifact | Business Case
Roles | Responsible: Product Manager | Modified By: Portfolio Analyst
Input To | Mandatory: Select Components | Optional: None | External: None
Output From | Evaluate Components
Main Description
The business justification describes the need to invest in the project or product, the cost of investing, and the expected returns or benefits to the business. This information supports investment decisions, based on the cost-benefit analysis.
Properties
Optional |
Planned |
Key Considerations
Depending on the process followed and the scope and complexity of investment, the business justification may suffice to make funding decisions. Alternatively, it may be part of a more complete business case that includes additional detail, implementation plans, and so on.
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