Particulars - 1
- Even though a Project Need has been identified and has been given management's approval-in-principle, little if any substantive information will be available on the real requirements of stakeholders, systems solutions, alternatives available, benefits, financial justification, resources required and priority
- The purpose of the Concept Phase, therefore, is to begin the journey of collecting this information in a manner and detail that will enable management to decide whether or not the project should be continued and, if so, on what priority