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PRINCE2® PRACTITIONER COURSE
•PRINCE2® is a registered trade mark of AXELOS Limited
Accredited by PEOPLECERT
Module 2
BUSINESS CASE THEME
2. BUSINESS CASE
BUSINESS CASE
Purpose is Business Case theme provides a mechanism to judge
whether the project is and remains desirable and achievable.
“The Business Case is NOT static”
3
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
CONTINUED BUSINESS JUSTIFICATION
Projects can only begin if justified
Projects must remain justified throughout their lifecycle
 Desirable: product is really needed?
benefits vs dis-benefits
 Viable: Are we capable of delivering?
 Achievable: Is it possible to deliver the benefit?
 Worth the continued investment: If not, then the
project must be stopped.
4
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
TYPES OF BUSINESS CASE
• Customer / Supplier project
• Not-for-profit Project
• Compulsory Project
• Multi-Organization Project
• Evolving Project
5
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
OUTPUTS V OUTCOMES V BENEFITS
OUTPUT : What is the product that will
be delivered by the project?
Specialist Product (Tangible Or intangible)
OUTCOME : What can the users do better
with this product?
Result Of The Change Derived Using
Products
BENEFIT : List the measurable
improvements of using this product.
Measurable Improvement Resulting From
An Outcome
Copyright © AXELOS Limited 2014. Reproduced under licence from AXELOS
6
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
BUSINESS CASE DEVELOPMENT
Approach:
Develop: Develop the Business Case
Verify: Verify the Business Case
Maintain: Maintain the Business Case
Confirm the Benefits: Defined in the Benefits Review Plan
Copyright © AXELOS Limited 2014. Reproduced under licence from AXELOS
7
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
CONTENTS OF A BUSINESS CASE
Executive Summary
A short overview of the Business Case for upper
management
Reasons Reasons for doing the project (from project mandate)
Business Options
PRINCE2 teaches that there are always three options to
consider concerning any investment. Do nothing, Do the
minimum, and Do something
Expected Benefits List each benefit and how and when it can be measured
Expected Dis-Benefits
Dis-benefit is an outcome that is seen as negative by one
or more stakeholders.
Timescales Project start and end, when benefits will be realized
Costs
Cost for project plus expected ongoing maintenance costs
after the project
Investment Appraisal Return on Investment (costs v. benefits)
Major Risks A summary of the major risks (comes from Risk Register)
8
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
The purpose of the Benefits Review Plan is to identify the
benefits and most importantly, to select how the benefits
can be measured.
 Define clearly how to measure the benefits
 Define the activities required to measure the expected project's
benefits
 The scope of the Benefits Review Plan
 Who is accountable for expected benefits
 What resources are needed to carry out the review work
 How the performance of the project’s product will be reviewed
BENEFITS REVIEW PLAN
9
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
 Programme will define standards to be used for the Project’s Business
Case
 May be included in overall programme Business Case
 Project’s Benefits Review Plan will be part of Programme’s benefits
realisation plan
 May be produced & maintained by programme
 This links to Managing Successful Programmes MSP ®
PROGRAMME RELATIONSHIP
10
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
KEY RESPONSIBILITIES
Corparate/Program: Provide Mandate. Information regarding expected
benefits realized.
Project Board verifying the Business case.
Executive owns the Business Case . Responsible for the Benefits Review
Plan during the project
Senior User is responsible for specifying the benefits and desired outcome by
ensuring that the expected benefits are realised.
Senior Supplier is responsible for the supplier’s Business Case
Project Manager may prepare the Business Case on behalf of the Executive.
Project support may assist the Project Manager as the Business Case is
baselined and under Configuration Management
Project Assurance can assist with development of the Business Case
11
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
2 BUSINESS CASE
 Continued business justification
 Learn from experience
 Defined roles and responsibilities
 Manage by stages
 Manage by exception
 Focus on products
 Tailor to suit the project environment
SEVEN PRINCIPLES
12
Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved.
*Italic font material in this document has been sourced from PRINCE2® 2011 core publications.
No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS
Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
THANK YOU....
Soon will publish next parts..
Skillogic Knowledge Solutions
If you are looking for PRINCE2 training in Bangalore, then consult Skillogic. For
more details visit: http://in.skillogic.com/prince2-training/prince2-certification-
bangalore/
Copyright © Skillogic Knowledge Solutions Pvt Ltd and AXELOS Limited 2017.

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PRINCE2 Practitioner Course Training Part 3

  • 1. PRINCE2® PRACTITIONER COURSE •PRINCE2® is a registered trade mark of AXELOS Limited Accredited by PEOPLECERT
  • 3. 2. BUSINESS CASE BUSINESS CASE Purpose is Business Case theme provides a mechanism to judge whether the project is and remains desirable and achievable. “The Business Case is NOT static” 3 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 4. 2 BUSINESS CASE CONTINUED BUSINESS JUSTIFICATION Projects can only begin if justified Projects must remain justified throughout their lifecycle  Desirable: product is really needed? benefits vs dis-benefits  Viable: Are we capable of delivering?  Achievable: Is it possible to deliver the benefit?  Worth the continued investment: If not, then the project must be stopped. 4 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 5. 2 BUSINESS CASE TYPES OF BUSINESS CASE • Customer / Supplier project • Not-for-profit Project • Compulsory Project • Multi-Organization Project • Evolving Project 5 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 6. 2 BUSINESS CASE OUTPUTS V OUTCOMES V BENEFITS OUTPUT : What is the product that will be delivered by the project? Specialist Product (Tangible Or intangible) OUTCOME : What can the users do better with this product? Result Of The Change Derived Using Products BENEFIT : List the measurable improvements of using this product. Measurable Improvement Resulting From An Outcome Copyright © AXELOS Limited 2014. Reproduced under licence from AXELOS 6 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 7. 2 BUSINESS CASE BUSINESS CASE DEVELOPMENT Approach: Develop: Develop the Business Case Verify: Verify the Business Case Maintain: Maintain the Business Case Confirm the Benefits: Defined in the Benefits Review Plan Copyright © AXELOS Limited 2014. Reproduced under licence from AXELOS 7 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 8. 2 BUSINESS CASE CONTENTS OF A BUSINESS CASE Executive Summary A short overview of the Business Case for upper management Reasons Reasons for doing the project (from project mandate) Business Options PRINCE2 teaches that there are always three options to consider concerning any investment. Do nothing, Do the minimum, and Do something Expected Benefits List each benefit and how and when it can be measured Expected Dis-Benefits Dis-benefit is an outcome that is seen as negative by one or more stakeholders. Timescales Project start and end, when benefits will be realized Costs Cost for project plus expected ongoing maintenance costs after the project Investment Appraisal Return on Investment (costs v. benefits) Major Risks A summary of the major risks (comes from Risk Register) 8 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 9. 2 BUSINESS CASE The purpose of the Benefits Review Plan is to identify the benefits and most importantly, to select how the benefits can be measured.  Define clearly how to measure the benefits  Define the activities required to measure the expected project's benefits  The scope of the Benefits Review Plan  Who is accountable for expected benefits  What resources are needed to carry out the review work  How the performance of the project’s product will be reviewed BENEFITS REVIEW PLAN 9 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 10. 2 BUSINESS CASE  Programme will define standards to be used for the Project’s Business Case  May be included in overall programme Business Case  Project’s Benefits Review Plan will be part of Programme’s benefits realisation plan  May be produced & maintained by programme  This links to Managing Successful Programmes MSP ® PROGRAMME RELATIONSHIP 10 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 11. 2 BUSINESS CASE KEY RESPONSIBILITIES Corparate/Program: Provide Mandate. Information regarding expected benefits realized. Project Board verifying the Business case. Executive owns the Business Case . Responsible for the Benefits Review Plan during the project Senior User is responsible for specifying the benefits and desired outcome by ensuring that the expected benefits are realised. Senior Supplier is responsible for the supplier’s Business Case Project Manager may prepare the Business Case on behalf of the Executive. Project support may assist the Project Manager as the Business Case is baselined and under Configuration Management Project Assurance can assist with development of the Business Case 11 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 12. 2 BUSINESS CASE  Continued business justification  Learn from experience  Defined roles and responsibilities  Manage by stages  Manage by exception  Focus on products  Tailor to suit the project environment SEVEN PRINCIPLES 12 Copyright © Skillogic Consulting Solutions Pvt Ltd and AXELOS Limited 2013. All rights reserved. *Italic font material in this document has been sourced from PRINCE2® 2011 core publications. No part of this document may be reproduced in any form without the written permission of both Skillogic and AXELOS Limited. Permission can be requested at support@skillogic.com and licensing@AXELOS.com
  • 13. THANK YOU.... Soon will publish next parts.. Skillogic Knowledge Solutions If you are looking for PRINCE2 training in Bangalore, then consult Skillogic. For more details visit: http://in.skillogic.com/prince2-training/prince2-certification- bangalore/ Copyright © Skillogic Knowledge Solutions Pvt Ltd and AXELOS Limited 2017.