You receive the following memo from your Project Manager.

From: PM

To: Project Team

Weve got a great plan in place and now its time to submit your requisition requests. Since this is going to be a totally separate project and new source of revenue for the company, were going to ask you to draw up all the business requirements you need for your piece of the project. You can assume that other members of the team are going to request things under their purview that your team will need.

For example, the data managers can assume the cybersecurity expert will provide proper firewall support. But you will need to address all the items you need on your end to make things work. This will include licenses to software, all hardware, outside contractor space, applications, plus any monies needed for additional staff or contractors, hours needed by existing personnel to work on your part of the project, and so on.

Your budget will be based on your needs, so prepare a list of resources to add to the project. Total up your needs on the bottom line