▁the ▁organization ▁is ▁kept ▁to ▁the ▁minimum ▁over ▁that ▁period . ▁ ▁Al location ▁is ▁the ▁assignment ▁of ▁available ▁resources ▁in ▁an ▁economic ▁way . ▁ ▁B ▁▁ ▁Ben ef its ▁management ▁plan ▁a ▁document ▁that ▁describes ▁the ▁activities ▁necessary ▁for ▁ach ieving ▁the ▁benefits ▁of ▁a ▁project ▁and ▁when ▁these ▁planned ▁benefits ▁will ▁be ▁delivered . ▁It ▁also ▁out lines ▁metrics ▁and ▁procedures ▁to ▁measure ▁progress ▁against ▁benefits . ▁ ▁B OS C ARD ▁a ▁strateg ic ▁planning ▁tool ▁used ▁in ▁project ▁management ▁to ▁give ▁the ▁Term s ▁of ▁reference ▁for ▁new ▁projects . ▁ ▁Bud get ▁generally ▁refers ▁to ▁a ▁list ▁of ▁all ▁planned ▁exp enses ▁and ▁reven ues . ▁ ▁Bud get ed ▁cost ▁of ▁work ▁performed ▁( BC WP ) ▁measures ▁the ▁budget ed ▁cost ▁of ▁work ▁that ▁has ▁actually ▁been ▁performed , ▁rather ▁than ▁the ▁cost ▁of ▁work ▁scheduled . ▁ ▁Bud get ed ▁cost ▁of ▁work ▁scheduled ▁( BC WS ) ▁ ▁the ▁approved ▁budget ▁that ▁has ▁been ▁allocated ▁to ▁complete ▁a ▁scheduled ▁task ▁( or ▁Work ▁Break down ▁Str ucture ▁( W BS ) ▁component ) ▁during ▁a ▁specific ▁time ▁period . ▁ ▁Business ▁case ▁a ▁document ▁that ▁exam ines ▁business ▁need ▁and ▁cost - ben ef its ▁analysis ▁of ▁a ▁project ▁to ▁justify ▁the ▁appro val ▁of ▁the ▁project ▁and ▁to ▁set ▁its ▁boundaries . ▁ ▁Business ▁model ▁is ▁a ▁profit - produ cing ▁system ▁that ▁has ▁an ▁important ▁degree ▁of ▁independence ▁from ▁the ▁other ▁systems ▁within ▁an ▁enter prise . ▁ ▁Business ▁analysis ▁is