Use this template to cover the details of the proposed project with a focus on the problem to be addressed or opportunity to be harnessed. It mainly consists of the background, what initiated the project, why its sponsors want to do the project, options analysis and its outcome, and conclusion.
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Project managers can use this Project Initiation Document (PID) template to outline basic project details. From its scope and objectives to its approach and performance parameters. Start with a summary of the project and define its purpose, objectives, scope, and key deliverables. Then, describe the benefits of the project to the business, the people involved, and the delivery approach. Make sure to attach relevant documents and sign them off for approval.
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Business Case Template
Use this template to enter general information about the business case such as the document number, company name and department, project name and its sponsor, and date when the template was first used. Then, introduce the business case with a brief background, problem statement, strategic objectives, and related projects, and break down each solution option with its description, benefits, disadvantages, timescale, costs, and major risks then state the preferred option and why. Assign an action with a priority level and due date for any type of procurement that needs to be undertaken. Next, list key milestones and deliverables with a date, or elapsed time from the start of the business case, add photos or attach files where appropriate, and indicate details on governance, progress monitoring, how the business case will be kept updated, and how different versions will be identified. Finally, complete the business case with additional comments and digital signature of the project manager.
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