Business Need:

Projects are typically initiated as a result of the recognition of a business need. This recognition and the final result can take many forms, but the goal is to bring value to the company. Since the project method is scope independent, it can be used to satisfy a market or manufacturing opportunity, cost reduction initiative or a perceived need.  Using this approach, along with timely and accurate information, and support of the sponsors will ensure success, bringing a project in on time and under budget.  

 
 
 
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