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Business Case
A justification for a proposed project or undertaking, outlining the benefits, costs, and expected returns over time.
Implications
A document that outlines the justification for a proposed project or investment, including the expected benefits, costs, risks, and alignment with strategic goals.
Example
Example: A company presents a business case to the board to secure funding for expanding into a new market, detailing the expected ROI and market potential.
Related Terms
Different from a project plan, which focuses on execution, a business case justifies why the project should be undertaken in the first place.
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