A project, whether large or small needs to ensure that the products it creates will deliver the benefits being sought. The continuing correct focus of the project should be confirmed at the end of each stage. If the justification is no longer there, the project can be redirected or stopped to avoid wasting time and money.
It is also important to remember that projects can be affected by external factors that invalidate the business justification. In these cases it is important to have a mechanism for corrective action in order to bring the project back on course.
It is also important that the correct information is provided to the project board in order for them to make an informed decision. Remember, a positive decision not to proceed is not failure.
