Describe the importance of developing a project proposal Pro

Describe the importance of developing a project proposal. Provide examples of how a lack of an effective project proposal can make a project difficult to manage

Solution

Project proposals are very important and it is developed in every business plan .Project proposal through the project life cycle is usually to ensure the project team stays on target achieving the original intent. Business professionals write short proposals to convince a sponsor to approve thedevelopment effort. They use the proposal to generate more plans.Project managers write a project proposal to obtain approval for a project. Directed towards sponsors and stakeholders, the document describes the problem the team wants to solve, specific objectives of the effort.

The proposal should help the sponsor decide if the project is worth the time, money and effort required to complete the work. It identifies the estimated budget, duration and administrative personnel necessary to work on the project.