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Week 2 Kim Woods
I. Expected Improvements
The purpose of this section is to explain why the project is needed. It should address the following:
· How will the proposed solution address the stated problem or take advantage of the business opportunity identified in Section II?
· How does the proposed solution align with the business strategy and/or objectives?
· What benefits can the organization achieve from this solution? Use the following categorizations and identify some benefits in each area:
o Tangible benefits/Intangible benefits
o Financial/Non-financial benefits
· What other value might the organization gain from this solution?
Approach to Developing this Section
Develop a clear and concise explanation of how the proposed solution (from Section III) directly addresses the problem or opportunity identified in Section II. Then, review the case study to explain how the proposed solution aligns with the business strategy and/or objectives. The team may need to infer business strategies and objectives from the information presented about the direction in which the business is headed. There are several ways to categorize benefits (as shown in the three sub-bullets above). Read an explanation of the categories of benefits at:
https://www.business-case-analysis.com/business-benefit.html
Create a list of benefits that the business can expect to achieve from implementing the proposed solution. Determine which categorization is most appropriate to the benefits listed. Then, categorize and explain in a sentence or two each of the benefits that have been identified. If there are other ways that the organization would obtain value from implementing the system, those should also be discussed.