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Strategic fit explains not only how the scope of the proposed project fits within the existing business strategies of the client organization but also the compelling case for change in terms of the existing and future operational needs of the organization. Contents within the strategic fit category help answer the questions of “Why must this be done?” and “What are the objectives that this project will support?” The following should be analyzed during this stage:
- Business need — reexamine the business need that will be met by the project and further explain why the project is needed at the present time.
- Key benefits to be realized — should be realistic and align to the client organization’s strategic objectives.
- Key risks — outline the main business risks such as continuing need for the project and changes in the business direction; service risks such as the lack of internal skills to implement the required projects; and external risks such as changes in the supplier market.
- Critical success factors — determine what will constitute success for the project.
- Key stakeholders — reexamine the key stakeholders and their contribution to the project. Identify any potential conflicts between different stakeholders and their concerns.
Detailed assessments should include reviews to ensure that objectives are specific, measurable, achievable, and realistic.
Refer to Section 1-15, Manage Risks, for a detailed discussion on managing risks.
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