Hello,

Could you please help on the below:

I need the following information regardingthe post below:

1. Explan of determining whether you/they, as Project Manager, should build the business case

2.Consider the information associated with the four questions (1.What problems should the project address? 2.What are the strategic goals of the project? 3.What are the project's basic requirements and what can end-users live without? 4.What is the project's ROI?)as they relate to their specific project. Supplement what they've suggested with additional ideas and suggestions.

"The article "Building a Project's Business Case," talks about how a business case is an explanation for a project's existence and its potential value to the organization. It explains the factors that led to the project's approval from the project sponsors and exemplifies the project's commercial viability, prospective return on investment (ROI), and strategic objectives. And in the article "Preparing an Effective Business Case - A Guide to Planning and Funding Municipal and Community Projects" explains that a business case is a document that explains why a project is necessary and outlines how it will be managed. It helps the project manager plan, oversee, and assess the project.

To decide whether I needed to make a business case for a project I was overseeing, I would follow these steps: Be familiar with the project's goals. Establish the strategic goals of the project. Review the project's essential requirements, taking into account both the needs of the intended users and the technological and design factors. Determine the project's return on investment (ROI). And lastly, develop a business case for the project.

For my project, a space will be converted into a beauty salon that provides a range of esthetician services, including facials, waxing, and lash extensions. The intention is to provide a warm and peaceful setting where clients can feel treated and rejuvenated. The project will produce a client-satisfactory beauty shop that is both completely functional and aesthetically beautiful.

• What problems should the project address? The goal of the project should be to fill a space that offers a variety of esthetician services, such as facials, waxing, and lash extensions. It aspires to develop a cozy and peaceful environment where clients can feel cared for and revitalized.
• What are the strategic goals of the project? Striving to provide a client-satisfactory beauty salon that is both aesthetically pleasing and functional, as well as offering a warm and peaceful environment to improve the client experience.
• What are the project's basic requirements and what can end-users live without? The project's basic requirement and what the end users live without is enough room for a range of esthetician services. The tools and materials required for waxing, facials, and eyelash extensions.
• What is the project's ROI? The potential economic value that the project could produce, such as money from providing esthetician services, can be estimated to determine its return on investment (ROI). By evaluating the business case, stakeholders and potential funding partners can understand the economic value and potential returns associated with the project"

Thank you!