Every project manager should understand the business case for a project and present it to the team so they will understand and apply it appropriately. The project business case informs the tradeoff decisions and choices, as well as go/no-go decisions at critical points like project initiation and reviews. You don't have to be a financial whiz-kid or a tenured business analyst to understand and apply valuation and cost analysis to your project decisions. By including the right financial metrics and watching the right budget items, anyone can become a business-savvy team member.
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