Every person involved understands the purpose of their tasks and their role in the success of the project as a whole. There are no doubts regarding the fundamental decisions concerning technology choices, project methodologies, expected results, and their timeline distribution.
Through the analysis phase, you will be able to plan not only the expenses related to developer work but also other resources such as licenses, legal support, potential recruitment, content purchase, additional products, and services, among others.
If profitability is one of the key success indicators for your project, the pre-implementation analysis will provide you with the best possible insight into your Profit and Loss statement. Additionally, a prioritized backlog allows for a specific distribution of expenses over time, preventing unpleasant surprises.