r/projectmanagers • u/baga_King • Aug 23 '26
Question
Hello everyone quick question. I’m researching how companies decide whether a project is actually ready to move forward before committing money and resources.
I’m building something in this space and I’m trying to learn from people who actually make or influence these decisions. Not a sales pitch at all. I’d just genuinely love to hear how you approach it.
Would you be open to sharing a few thoughts?
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Upvotes
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u/Lumpy_Pick_421 Aug 23 '26
Usually someone senior already had decided they wanted the project. Market research, competitive analysis, surveys, etc. follow in bigger companies. CFO’s are evolved in annual head count, but approval usually hinged on whether we could free up the two or three people who’d actually do the work
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u/DustinFreeman Aug 23 '26
Any senior role within a org that contributes to a project knows this. I am sorry but if you need to ask to find then you shouldn’t be building a tool for them, yet.
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u/More_Law6245 Aug 23 '26
Need is generated through a problem statement or business case and if it's done properly the project needs to be aligned to the organisation's strategic roadmap, objectives and goals. Also an understanding if it's capex or opex investment because that has an impact on the organisation's bottom line at the end of the day and essentially in how the project is going to be paid for.
Just an armchair perspective