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Find a term you want defined that isn’t on this project management glossary? Business Plan A formal document that clearly defines the business goals of a project and how to attain them. It helps to model the maturity of the capability of business process by defining steps and managing result metrics to optimize the process.
Benefits Framework: This defines the expected benefits of the project, the specific operations it would affect, and how the project's performance would be; a) realized, and b) measured. Blueprint: A project blueprint defines the scope of the project, the business goals it is meant to achieve, and the broader vision behind it.
These projects begin with a Requirements Breakdown Structure to define strategic project goals based on product requirements, functions, sub-functions, and features. CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. With Agile, your end goals are less defined. Success, right?
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