Where is Business Need Documented?
According to me, it should be documented in business case but in PMBOK there are 3 places it is referenced,. Can someone clarify?
Develop Project Charter: Inputs
.1 Project Statement of work
The statement of work (SOW) is a narrative description of products or services to be delivered by
the project. For internal projects, the project initiator or sponsor provides the statement of work based
on business needs, product, or service requirements. For external projects, the statement of work can
be received from the customer as part of a bid document, for example, request for proposal, request
for information, request for bid, or as part of a contract. The SOW references:
• Business need. An organization’s business need may be based on a market demand, technological
advance, legal requirement, or government regulation.
• Product scope description. This documents the characteristics of the product that the project
will be undertaken to create. The description should also document the relationship between the
products or services being created and the business need that the project will address.
• Strategic plan. The strategic plan documents the organization’s strategic goals. Therefore, all
projects should be aligned with the strategic plan.
.2 Business Case
The business case or similar document provides the necessary information from a business
standpoint to determine whether or not the project is worth the required investment. Typically the
business need and the cost-benefit analysis are contained in the business case to justify the project.
