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 IT Project Investment Proposal | PM Tools - PM Tools

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IT Project Investment Proposal

In any process oriented organization, before starting a major IT project/programme it is required for the project/programme to get the budget allocated by the senior management. In order to facilitate the process, the project manager would submit IT Project – Investment proposal. This document would be formally presented to the investment board and there would be a healthy discussion on the pros/cons/potential risk/business benefits of this project/programme.

 
Ideally, an investment proposal would consist of following sections.
 
  • Executive Summary – This section explain briefly about the purpose of this document.
  • Objective – This section discuss in detail the objective of the document.
  • Background – This section discuss in detail about the proposed project like (a) business case (b) proposed solution (c) business benefits (d) proposed timelines (e) implementation phases (f) potential risks
  • Financial detail – This section discuss in detail the budget figure and the potential returns on investment / cost savings
  • Key assumptions
  • Key Risks & recommended mitigation action
  • Implementation Plan – You can attach a high level milestone
  • Key Reference Documents section

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