Meaning Of Business Justification
Business justification is the first part of the strategic definition stage or strategy in pas 1192 2 now replaced by bs en iso 19650.
Meaning of business justification. You may need this document which is also called a business case if you are just starting a business expanding into new territory or changing your company structure. Any time a business goes through major changes a business justification can help the leaders set the appropriate course of action. Justification used as a.
The act of defending or explaining or making excuses for by reasoning familiarity information. Justification is god s declaring those who receive christ to be righteous based on christ s righteousness being imputed to the accounts of those who receive christ 2 corinthians 5 21. What does justification mean.
Usually in written form the document is often included in business plans created as part of a loan application. Justification noun the noun justification has 3 senses. It involves making crucial decisions about whether and how to proceed with the proposed project.
A statement in explanation of some action or belief 3. Find more similar words. Justification definition is the act or an instance of justifying something.
The justification in support of this argument is that the characteristics of an indian remain the same whether he is in the civil or the army despite concern in some quarters over the health risks associated with gasoline lead there is environmental justification to support the retention of leaded fuel for a longer period. Developing business case justification is a common bpr phase that inclides cost and benefit analysis business case preparation and presentation to key business leaders. Though justification as a principle is found throughout scripture the main passage describing justification in relation to believers is romans 3 21 26.
Synonyms for justification include excuse reason defence rationale basis grounds rationalisation rationalization apology and defense. A business justification is a justification for a proposed business venture or expense. Business justification or so called business case prepared for the project is one of the foundations for its implementation.