Opportunity framing

4 important questions on Opportunity framing

List crucial aspects of opportunity framing

  • Define the project scope
  • Involve stakeholders
  • Dfine when project will be successful
  • Create value drivers
  • Indentify risks   

What is an Opportunity statement and whats in it

Decribes the project in a short and crisp way

What --> Scope
Why --> Purpose, Objective, Aim, Goal, Benefits

Style: Current state >> Impact >> Desired state

When does premature convergence happen?

If a concept is chosen in the early phase of the process, thereby killing many other options present at the time
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What is a business case?

All projects must have one. It demonstrates the value of the work.

Content BC: feasibility risk, cost, risk, efficiency, performance investment appraisal.
Writer BC: PM (can get help from contractors/suppliers/etc)
Owner BC: Client or decision executive within project board

The question on the page originate from the summary of the following study material:

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