A project proposal is a document that provides all the information required for project stakeholders to decide to initiate a project. It is essentially a rigorously defined project pitch that may contain the following:
Problem StatementBackground of why the project is proposed in terms of the problems it solves.
Business CaseA business case is a formal financial analysis that defines the investment required and the anticipated payback.
AssumptionsThe assumptions that form the basis of your estimates and solution proposal.
ConstraintsKnown constraints on the project.
Alternatives Capture the alternatives that you have considered such as other potential solutions that were discussed. Also discuss the impact of not doing the project as this is always an alternative.
Estimates Initial ballpark estimates of schedule and budget.
RisksBegin the process of identifying project risks.
|Definition||A document that provides all the information required for project stakeholders to decide to initiate a project.|
|Value||Captures the information required to make the decision to invest in a project.Begins to identify project assumptions, constraints, risks and requirements.An artifact that allows the future to understand why a project was initiated.|
|Related Concepts||Project ArtifactsBusiness CaseConcept NoteProject Management|
This is the complete list of articles we have written about project management.
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The definition of assumption with examples.
An overview of acceptance criteria.
The common types and formats of requirements.
The definition of project concept with examples.
An overview of project status reports with complete examples.
An overview of the project management process.
An overview of project scope with examples.
A list of items to include in scope.
A definition of project deliverable with several common examples.
A list of common project risks.
A list of basic project management techniques.
A definition of workaround with examples.
A list of project branding techniques.
A definition of project stakeholder management with examples.
A definition of action plan with examples.
The primary types of cost overrun.
The definition of document control with examples.
A guide to project oversight.
A definition of design driven development with examples.
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