The Procurement Process

3.1 High-level business case

3.1 High-level business case 3.2 Strategic business case 3.3 Outline business case 3.4 Full business case 3.5 Implementation 3.6 Benefits evaluation 3.7 Low Value Procurements
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You are on step 3 of 15 steps.

Click for slide: Scope the investment Click for slide: Consider business need Click for slide: Consider the critical success factors Click for slide: Identify the stakeholders Click for slide: Identify central initiatives Click for slide: Consider initial options Click for slide: Consider sourcing Click for slide: Estimate costs (including resource usage) Click for slide: Estimate time Click for slide: Consider risks and achievability Click for slide: Determine an acceptable balance of cost, benefit and risk Click for slide: Test your assumptions Click for slide: Appoint key personnel Click for slide: Produce a high level options document Click for slide: Decision point
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What you need to do

Define critical success factors.

Points to consider

What will constitute success? What are the dependencies?

Critical success factors must be defined at this early stage. They should be SMART (Specific, Measurable, Achievable, Realistic, and Timebound).

You should also identify any additional factors that could affect success, such as delivery of other projects (see dependency map, which helps you draw together all the dependencies).