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TOPIC: Contingency cost in Bussines case ?

Contingency cost in Bussines case ? 5 years 3 weeks ago #16972

  • Nachiketa
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Looking for an answer.

which cost should be calculated /included in Business Case ? can we include contingency cost in business case.?

Contingency cost in Bussines case ? 5 years 3 weeks ago #16979

  • Joe Pang
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Hi Nachiketa,

In the PMP exam standpoint, the purpose of the business case is to determine whether the expected outcomes of the project justify the required investment. In the PMBOK 6 there is no mentioning of cost in the business case (pg 30-32), therefore the project manager is not required to calculate any costs at this stage.

Hope this helps,
Joe
Toronto-based project manager, I specialize in capital construction projects and digital transformation projects for the power & utility sector.

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