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2. Weak
(0 points)
Moderate
(1 points)
Strong
(2 points)
Exceptional
(3 points)
Shuffle
The
Order
Of
Statements
Product/Service Text Here Text Here Text Here Text Here
Team Text Here Text Here Text Here Text Here
Market Text Here Text Here Text Here Text Here
Business Model Text Here Text Here Text Here Text Here
Text Here Text Here Text Here Text Here Text Here
Text Here Text Here Text Here Text Here Text Here
Total Text Here Text Here Text Here Text Here
Balance Scorecard for Business Case Evaluation
2
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3. 01 Strategic
Context
02 Analysis &
Recommendation
03 Management
& Capacity
3.
Viable options
• Alignment
• Costs
• Cost-benefit analysis
• Benchmark
• Policy & standard
Considerations
1.
Business needs &
Desired Outcomes
Strategic Environment
Strategic Fit
2.
Preliminary
option analysis
Evaluation criteria
List possible options
4.
Justification &
Recommendation
• Comparison summary
• Preferred option
5.
Managing the investment
• Governance and oversight
• Project management strategy
• Risk management strategy
• Change management strategy
Business Case Evaluation
Model with Three Phase
3
4. Business Case Evaluation of Project Risk
4
Risk Factor
Pre-Risk Mgmt Analysis
Risk
Management Strategy
Post-Risk Mgmt Analysis
1
Probability
2
Impact
1
Probability
2
Impact
Insufficient budget Certain Catastrophic
Divide system into mandatory
and desirable features and only
implement mandatory features
Possible Mod
Requirement change Possible Mod Text here Possible Mod
Dependency on xxx Possible High
Focus on aspects of project that
do not depend on system xxx
Possible Mod
Text here Text here Text here Text here Text here Text here
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5. Business Case Evaluation with Investment Ranges
5
Team ability Innovation and value
prosition
Customer and
Market
Business and
Organization Model
Scope of work and
budget
Investment Ranges
Greater than $250,000
$ 100,000-$250,000
$ 25,000-$100,000
Lass than $25,000
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6. Component of Business
Case Evaluation
Impact Analysis
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05
Solution Option Evaluation
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01
Resource Allocation Assessment
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02
Risk Assessment and Mitigation
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03
Financial Analysis
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04
6
7. Analyze and Record the Current
Situation
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Analyze and Record Problems and
Their Core Elements
Text here
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Formulate, Evaluate, and Record
Alternative Courses of Action
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Select, Implement, and Record the
Chosen Alternative Course of Action
Text here
Text here
01
02
03
04
Elements of
Business Case
Evaluation
7
8. Five Main Category of Business Case Evaluation
8
Grading key
Green
Recommend funding
Yellow
Recommend funding, potentially
with contingencies
Orange
Recommend decline, with
potential to resubmit
Red
Recommend decline
Category
Team ability
Innovation and
values proposition
Customer
And market
Business and
organization model
Scope of
Work and budget
Over grade
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9. List of Criteria of
Business Case Evaluation
What problem is the company solving?
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Is there a product market fit?
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Is there a clear customer segment that
the business is targeting?
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Do they have paying customers?
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Product/Service
9
10. No Criteria Guideline Self-Assessment Weight
1
Strategy, analysis &
planning
What was the level to which the
analysis, planning and execution of
the implementation was done and
did it form part of an overall
business improvement strategy?
2.5%
2
Collaboration/
integration
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Text here
2.5%
3
Information
management
Text here
Text here
2.5%
4 Quality management
Text here
Text here
2.5%
5 People management
Text here
Text here
5%
Scorecard of Business Case Evaluation
10
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11. Business
Overview
How well does the plan:
• Describe the problem the business is solving and its distinctive solution (5 points)
• Describe the business operation, milestones and metrics (5 points)
15
Marketing &
Sales Execution
How well does the plan:
• Identify and describe the business target market (5 points)
• Identify and describe the competition and the business key advantage (5 points)
15
Financial
Plan
How well does the plan:
• Demonstrate the ability of the business to be profitable and
• sustainable (5 points)
• Describe the need, use and source of funding (5 points)
• Include realistic, sustainable financial expectation (ie. Owners' salary, lease, equipment) (5 point)
15
Economic
Impact
How well does the plan:
• Demonstrate the commercialization of the business concept
• (10 points)
• Demonstrate the potential to grow and produce substantial impact
• in the country (10 points)
30
Scoring Criteria for Business Case Evaluation
11
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