Business Needs Statement Template

A Business Needs Statement identifies a project idea that may turn into a proposed investment/project (I/P). It includes a brief description of the proposed project’s purpose, goals, and scope as well as rough order of magnitude cost and schedule, and basic business and technical skills.

The Business Needs Statement provides sufficient information to justify a decision whether or not the organization should move forward with the development of a full Business Case. Information entered here, within the Business Needs Statement, and Business Case documents should be leveraged to populate any related information requirements contained within policies, processes, or regulations.

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Business Needs Statement Template