1-4 Prepare Preliminary Business Justification for the Need

A preliminary business justification is created to assess the likely costs and potential benefits associated with an identified need. Preparing a preliminary business justification at the beginning of the supply process is essential to project success.

The purpose of a business justification is to:

• Provide a framework for informed decision making, from planning through managing the supply decision to recognition of subsequent benefits.
• Obtain management commitment and approval.

The decision for the need is justified against the following factors:

• Strategic fit.
• Achievability.
• Affordability.
• Business options.
• Commercial availability.