How Projects are Started
A free video tutorial from Umer Waqar, PMP
Project Management Instructor
4.5 instructor rating •
4 courses •
78,555 students
Lecture description
- Explains Why are projects started
- Explains What is a business case
Learn more from the full course
PMP Exam Prep Project Management Professional CertificationPMP Certification 2021 - Get 35 PDUs - Project Management Professional - New PMP Exam Prep Training -PMBOK - Pmp Course
19:47:14 of on-demand video • Updated October 2021
- Earn 35 PDU/Contact Hours Certificate
- Pass the New PMP 2021 Exam easily on your first try
- High Quality Videos and Realistic Practice Exams that cover the entire syllabus
- Simple,Clear,and Concise explanations that help you get ready for the exam as fast as possible
- Cover the New Exam Content Outline in detail
- Covers both Predictive Project Management and Agile Project Management
- Easily Learn PMP Math: Detailed PMP Math Explanations for every topic.
- Complete PMP Certification Training : All topics covered
- Learn all Project Management Knowledge areas
- Learn all Project Management Processes
- Learn all Formulas Easily : EVM,Critical Path,CPI,SPI,CV,SV,Float
- All Difficult PMP Topics Made Easy : Easily learn difficult concepts and formulas of Cost Management ( e.g EVM ) and Time Management ( Critical Path , Forward Pass , Backward Pass , Float )
- Learn all the Agile Project Management topics for the new PMP exam
- Learn all the essentials of Project Management and how to manage projects like a pro
English [Auto]
In this video, we're going to learn about how projects are started. We will also learn about what is the business case. Projects are mostly started due to business needs. An organizational strategy and organization may want to develop a new software for itself, or it may want to launch a new product line or it may want to upgrade its factory machinery. All of these reasons may be considered as the business case for starting a project. So let's understand what a business case is. A business case explains the reason why a project was chosen to be started in the first place and whether it was worth taking up, for example. And automobile parts company might want a new machine, which allows them to produce products and leisure time and increases productivity. Or a smartphone company might want to develop a new smartphone product in order to explore new markets and increase profits. So from these examples, we can see how a business case helps in giving birth to the project.