Think
of two otherwise similar projects: one is run to generate money, the
other to help us enter a new market and get profitable projects in the
future.
Now, both projects are behind schedule, while they must
be delivered on time. We’ve thought about all possibilities, and there
are two solutions: one is to spend more money on the project, and the
other to reduce quality to the minimum acceptable level. Using either
option, we can deliver the project on time.
Which solution
would you choose when the project is being done to generate money? What
about when the project is to enter a new market and get profitable
projects in the future?
That’s how the business need behind the project can affect our decisions within the project.
So, the first thing we do in planning is understand why the project is
initiated. This, among some other basic pieces of information, is stored
in a document called the Project Charter.
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