Attachments

Even though I strongly recommend a one-page POS, in some instances a longer document is necessary. As part of their initial approval of the resources to do detailed project planning, senior management may want some measure of the economic value of the proposed project. They recognize that many of the estimates are little more than a guess, but they will nevertheless ask for this information. In my experience, I have seen two types of analyses requested frequently:

  • Risk analysis

  • Financial analyses (such as the following):

    • Return on Investment

    • Breakeven Analysis

    • Internal Rate of Return

    • Cost/Benefit Analysis

A discussion of these analyses is outside the scope of this book.

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