Problem:
As organizations set their business strategy or establish their goals, there are new needs identified. Recognizing organizations may have a number of different needs, there are many projects to consider. How are projects selected? Why do you think it is important to evaluate potential projects before proceeding with implementation? Once a project is selected, the project charter is created. Why is the project charter a critical artifact? Describe the RFP preparation process. What are some of the key components, and why are these important?