1057086Contract and Project ManagementDavid Sowden, The University of Hull
1057086Contract and Project ManagementBusiness CaseDavid Sowden, The University of Hull
Overview• Business Case – What is a Business Case? – What should a Business Case contain? – Developing a Business Case – D...
What is a Business Case ?• A description of the reasons for the project and justification for undertaking the  project. In...
What should a Business Case contain?                                                                           <Insert Pro...
Role of a Business Case• To capture the knowledge  –lessons learnt (research)• Receive funding and approval to  move forwa...
Who should write the Business Case?• Everyone within the team  should contribute to it’s  development• Ideally with this i...
When should the Business Case be written?               Design Phase                           Implementation Phase  Scope...
Keep in mind when the Business Case is written?• Make it interesting, though not personal• Keep it clear and concise• Mini...
Benefits to you of a Business Case• Organisation of thoughts,  activities and knowledge• An objective review of ideas and ...
Summary of a Business Case                                                                                                ...
TASKReview your Business Case
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57086 10 business_case

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57086 10 business_case

  1. 1. 1057086Contract and Project ManagementDavid Sowden, The University of Hull
  2. 2. 1057086Contract and Project ManagementBusiness CaseDavid Sowden, The University of Hull
  3. 3. Overview• Business Case – What is a Business Case? – What should a Business Case contain? – Developing a Business Case – Developing path of a Business Case. 3
  4. 4. What is a Business Case ?• A description of the reasons for the project and justification for undertaking the project. Including: – estimated costs – the risks and – expected business benefits and savings.• It should cover the entire scope of change to the business that will be affected by the project.• It is the most important set of information for the project. it should drive the decision-making processes and is used continually to align the project progress.• Business Cases should be developed inline with any organisation standards that might exist within the projects business environment. 4
  5. 5. What should a Business Case contain? <Insert Project Name> Created/updated 06/08/12• Summary 57086 Contract and Project Management Module Business Case• Reasons Project Name: Date: Release: Draft/Final Author:• Options Owner: Client:• Benefits expected Document Number: Note: This document is only valid on the day it was printed – Dis-benefits• Risks Revision History Revision Date Previous Summary of Changes Date of next revision: Changes Revision Date Marked• Costs and timescale Approvals• Investment appraisal This document requires the following approvals. A signed copy should be placed in the project files. Name Signature Title Date of Issue Version• Evaluation considerations Distribution This document has been distributed to: Name Title Date of Issue Version• (template available) 5 © University of Hull page 1 of 4
  6. 6. Role of a Business Case• To capture the knowledge –lessons learnt (research)• Receive funding and approval to move forward• Focus on priorities within the proposed project• Consistent message. 6
  7. 7. Who should write the Business Case?• Everyone within the team should contribute to it’s development• Ideally with this information 1/2 people should actually write the final document 7
  8. 8. When should the Business Case be written? Design Phase Implementation Phase Scope Learn Create Plan Implement Customers Boundaries Vision Change mgmt Change mgmt Associates Issues Process Systems dev Systems Integration Benchmarking Objectives Technology Training dev Training Technology Schedule Org design Org changes Org design Best practices Budget Business Case Pilot programs Measurement Change mgmt 8
  9. 9. Keep in mind when the Business Case is written?• Make it interesting, though not personal• Keep it clear and concise• Minimise jargon, conjecture and acronyms• Communicate all facts as part of the ‘story’• Provide the reader with a ‘picture’ or vision of the end state• Demonstrate the value the project brings to the Business, customer and the financial bottom line. 9
  10. 10. Benefits to you of a Business Case• Organisation of thoughts, activities and knowledge• An objective review of ideas and facts of the project• The ability to identify holes, inconsistencies or weakness in the effort• An improved ability to communicate the purpose of the project• Financial justification for the effort• A great sense of accomplishment 10
  11. 11. Summary of a Business Case EXAMPLE Project NamePersonalised systems supporting IPD* and CPD within a professional framework (CPD-Eng)Outline Project Description:This project will develop a personalised, ‘learner controlled’ online environment to support anindividual’s continuing professional development (CPD) and the staff CPD review process. At itscentre is a scalable, interoperable and robust access and identity management system that willintegrate and control access to personal e-portfolio technologies.CPD-Eng will create a personalised continuing professional development pilot in the field ofEngineering, integrating and improving existing systems in the areas of reporting, resource andprocess management. CPD-Eng will also support the relationships between the lifelong andworkbased learner, training institution(s), knowledge exchange, regulatory bodies (ECuk),professional bodies and employers.CPD-Eng will provide the innovative, personalised infrastructure that will support the work-basedlearner through a new suite of flexible pathways to professional qualifications for the engineeringprofessional, integrating real and online worlds and enabling learning to take place whenever andwherever.(Footnote * Initial/Qualifying professional development - The structured professional development undertaken by an individual in order to meet therequirements for registration with a professional body. Continuing professional development. - The systematic maintenance, improvement andbroadening of knowledge and skills, and the development of personal qualities necessary for the execution of professional duties throughout workinglife.)
  12. 12. TASKReview your Business Case

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