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How a business case, can reduce the risk of project failure.
A well-prepared business case reduces risk through providing project team responsible for governing the progress of a project. Business case assigns various duties to specific project team leaders that address various sections of project modules. It also uses division of labor and specialization in designating roles and responsibilities.
A good Business Case evaluates and validates a project based on realistic expectations based on available budget, time and resources (Muzio, Hodgson, Faulconbridge, Beaverstock, & Hall, 2011). It provides directives to management teams based on the specific amount of investments that brings support from financiers, executive teams, and other interested groups. Through approvals facilitated by a business case, ensure full support to the project by major decision makers.
Discuss the role of the Systems Analyst in the preparation of the Business Case.
1. A system analyst explains companies organizational model for easier the approval of the Business case by executives.
2. He facilitates development of design of project by having knowledge of specific processes, applications and individuals requiring the information in systems
3. A systems analyst has a role governing organization system through investigating, analyzing, designing, developing, installing, evaluating, and maintaining a company’s information systems.
Better preparations for professional requirements after completing this course
I had a vibrant knowledge and information acquisition session during the entire course. Initially, I decided to take some individual research in project management. I took private studies to research on project management to deliver a good project management services. During my studies, I also took part in internships, as a project portfolio manager where I interacted with systems analysts during the project planning designing and development.
I feel completely equipped with skills techniques and knowledge on presenting any project and guiding in the management of projects focusing on delivering quality and acceptable projects based on user requirements as learned during academic period (Pischke-Winn, & Minnick, 2003). I have understood the modular implementation of projects by dividing phases of a project in different sections.
The difference between the roles of the systems analyst and the project manager
A project manager represents qualities leadership in project portfolio management. Project manager controls and directs overall operations of the entire project. The project manager has the mantle of making decisions in various sections. Project managers make policies governing entire phases of a project.
System analysts execute policies as well as directives provided by the project manager. A systems analyst works closely with managers while collaborating with supervisors and operational employees. System analyst presents the information about progress and development of project a and describes the tasks to be performed based on the operations outlined by project managers
How does the business case relate to a project? Include major players in the relations.
A business case provides effective and efficient step by step procedures for implementing a project. It gives approvals and justifications that lead to several project stakeholders supporting the proposed project. A business case provides significance, feasibility, and viability of proposed systems. Details of a proposed project are presented to the decision makers through business case document during the initial phase of introducing a project to the organization executives.
The content of a business case is so sensitive since it helps in determining if a project will succeed or a fail. Business case contains the key factors considered by organization directors, executive’s teams, financiers, consumers, suppliers, and investors. It elaborates summary, anticipated outcomes, recommendations, problem statement, organizational impact, cost-benefit analysis among other factors that lead to approval of a project (Stewart-Mailhiot, & Ryan, 2015).
Muzio, D., Hodgson, D., Faulconbridge, J., Beaverstock, J., & Hall, S. (2011). Towards corporate professionalization: The case of project management, management consultancy and executive search. Current Sociology, 59, 4, 443-464.
Pischke-Winn, K., & Minnick, A. (2003). Project Management. The Journal of Nursing Administration, 26, 6, 31-38.
Stewart-Mailhiot, A., & Ryan, M. (2015). Project Management. Reference & User Services Quarterly, 55, 1.)
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