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This Concept Map, created with IHMC CmapTools, has information related to: Project Life Cycle, Business Case purpose is Provide senior management all information needed, Develop Project Charter and Project Plan develops The documents: Project Charter and Project Plan, Stages or phases that maps the life of project so Each phase provides deliverables, Step 5: Define Total Cost of Ownership divided into Indirect costs, Conceptualize and Initialize Phase 2 Develop Project Charter and Project Plan, Step 7: Analyze Alternatives scoring models Method to compare alternatives based on a weighted score, Business Case Developing one Step 4: Define Feasibility and Asses Risk, Each phase provides deliverables deliverables is A tangible and verifiable product of work, Business Case provides analysis of Risks, Close Project refers to Final cost, Is when you start a new phase before receive the approval is not appropriate When project does not allow risk, Methodology is a template for developing, Evaluate Project evaluate Project Team, Step 1: Select Core Team Advantages Real cost, Step 4: Define Feasibility and Asses Risk questions What can go wrong? Wha must go right?, Balanced Scorecard Focus on Financial Customer Internal Processes Innovation and Learning, Methodology Phase 1 Conceptualize and Initialize, Step 1: Select Core Team Advantages Credibility, Business Case Developing one Step 5: Define Total Cost of Ownership, Project Life Cycle consists of Define goal