The document outlines how to create an effective business case. It discusses what a business case is, why they are used, and when they are required. It also covers the typical components of a business case, including the strategic context, analysis and recommendations, and management and capacity phases. The document provides details on each phase and step to guide writing a comprehensive business case. It emphasizes analyzing options, justifying recommendations, and demonstrating how the proposed investment will be managed to achieve desired outcomes. Overall, the document serves as a guide for developing a formal business case proposal to obtain funding and approval for new projects and initiatives.
Business Analysis Core Concepts Model (BACCM)Techcanvass
Business Analysis Core concepts Model (BACCM) is the core framework integral to BABOK Guide v3. Core concepts are fundamental to the practice of business analysis as defined in BABOK guide. IIBA BABOK v3 is the new version of BABOK guide for latest version of business analyst certifications.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/business-case-development-framework-199
The Business Case is an instrumental tool in both justifying a project (requiring a capital budgeting decision), as well as measuring the project's success. The Business Case model typically takes the form of an Excel spreadsheet and quantifies the financial components of the project, projecting key metrics for making any important business decision: Net Present Value (NPV), Return on Investment (ROI), Payback Period, Cost of Investment.
If a project has been justified by the Business Case (both financially and non-financially) and receives the go-ahead from executives, the Business Case model is then continuously maintained and adjusted to track the project?s progress against the initial financial projections and assumptions. This model then becomes a working document used during the project management process.
This toolkit will detail the process of creating a robust Business Case. It also includes a working sample Business Case model (in Microsoft Excel).
Introduction to Business Process ManagementAlan McSweeney
Training Course - Introduction to Business Process Management
It is intended to be a good general and practical introduction to the subject. It covers the following topics:
1. Business Process Management
2. Process Modelling
3. Process Analysis
4. Process Design
5. Process Performance Management
6. Process Transformation
7. Process Management Organisation
8. Enterprise Process Management
9. Business Process Management Technologies
10. Business Process Management and Business Analysis
11. Business Process Management Technology Review
Business Analysis Core Concepts Model (BACCM)Techcanvass
Business Analysis Core concepts Model (BACCM) is the core framework integral to BABOK Guide v3. Core concepts are fundamental to the practice of business analysis as defined in BABOK guide. IIBA BABOK v3 is the new version of BABOK guide for latest version of business analyst certifications.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/business-case-development-framework-199
The Business Case is an instrumental tool in both justifying a project (requiring a capital budgeting decision), as well as measuring the project's success. The Business Case model typically takes the form of an Excel spreadsheet and quantifies the financial components of the project, projecting key metrics for making any important business decision: Net Present Value (NPV), Return on Investment (ROI), Payback Period, Cost of Investment.
If a project has been justified by the Business Case (both financially and non-financially) and receives the go-ahead from executives, the Business Case model is then continuously maintained and adjusted to track the project?s progress against the initial financial projections and assumptions. This model then becomes a working document used during the project management process.
This toolkit will detail the process of creating a robust Business Case. It also includes a working sample Business Case model (in Microsoft Excel).
Introduction to Business Process ManagementAlan McSweeney
Training Course - Introduction to Business Process Management
It is intended to be a good general and practical introduction to the subject. It covers the following topics:
1. Business Process Management
2. Process Modelling
3. Process Analysis
4. Process Design
5. Process Performance Management
6. Process Transformation
7. Process Management Organisation
8. Enterprise Process Management
9. Business Process Management Technologies
10. Business Process Management and Business Analysis
11. Business Process Management Technology Review
This report examines options for procure-to-pay operations with a focus on improving Procure-to-Pay (P2P) process through a transformational approach that meets an organization’s procure-to-pay operations objectives. Authored by the Account Payables Network and sponsored by Datamatics Global Services. Visit http://www.datamatics.com
A business case is an argument, usually documented, that is intended to convince a decision maker to approve some kind of action. The document itself is sometimes referred to as a business case.
To develop an Agile Learning organization a learning strategy needs to be in place. This presentation shows how to develop a strategy and a roadmap on 3 workshops.
What are the differences between project and program management? How are they similar? What strategies are necessary for a successful transition from one to the other?
This presentation will address those questions and in addition provide practical guide lines and tips to those individuals aspiring be successful program managers as well as organizations that are in transition.
Business process management (BPM) is the discipline of improving a business process from end to end by analyzing it, modelling how it works in different scenarios, executing improvements, monitoring the improved process and continually optimizing it.
Operational Excellence Models, Strategies, Principles & ToolsAurelien Domont, MBA
Toolkit Downloadable at www.slidebooks.com | Created By ex-McKinsey & Deloitte Consultants | Download and Reuse Now 10+ Operational Excellence Models, Strategies, Principles & Tools.
Business analysis Fundamentals | Fundamentals of business analysisTechcanvass
This presentation will help you in understanding the fundamentals of business analysis. You will learn the practice of business analysis, its components and about the business analyst.
This presentation is brought to you by Techcanvass. Techcanvass is an IIBA Endorsed Education Provider and offers the following courses:
ECBA Certification
-------------------------
http://techcanvass.com/Courses/business-analyst-training.aspx
CBAP Certification
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BA Training with Banking
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BA Training with Investment Banking
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BA Training with US Healthcare
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Website: http://techcanvass.com
Facebook Page: https://www.facebbook.com/Techcanvass
Twitter Handle: @techcanvass
BPM (Business Process Management) IntroductionIntegrify
An introduction to BPM for teams looking to improve business processes through business process management (BPM). This is an abridged version of the full BPM guide.
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants after more than 3,000 hours of work. It shares our combined 100+ years of experience advising executive teams around the world. It includes all the Frameworks, Best Practices & Templates required to successfully implement an operating model and organization design initiative, and make your strategy happen.
How to Write a Business Case: 4 Steps to a Perfect Business Case TemplateWorkfront
Yes, poor planning and lackluster top management support can kill otherwise well-built projects, but right up there is also the inability to make a convincing business case for your project. Luckily for you, the presentation provides a step-by-step guide for not only building a strong business case, but creating a business case template you can use again and again. Let’s get started…
This report examines options for procure-to-pay operations with a focus on improving Procure-to-Pay (P2P) process through a transformational approach that meets an organization’s procure-to-pay operations objectives. Authored by the Account Payables Network and sponsored by Datamatics Global Services. Visit http://www.datamatics.com
A business case is an argument, usually documented, that is intended to convince a decision maker to approve some kind of action. The document itself is sometimes referred to as a business case.
To develop an Agile Learning organization a learning strategy needs to be in place. This presentation shows how to develop a strategy and a roadmap on 3 workshops.
What are the differences between project and program management? How are they similar? What strategies are necessary for a successful transition from one to the other?
This presentation will address those questions and in addition provide practical guide lines and tips to those individuals aspiring be successful program managers as well as organizations that are in transition.
Business process management (BPM) is the discipline of improving a business process from end to end by analyzing it, modelling how it works in different scenarios, executing improvements, monitoring the improved process and continually optimizing it.
Operational Excellence Models, Strategies, Principles & ToolsAurelien Domont, MBA
Toolkit Downloadable at www.slidebooks.com | Created By ex-McKinsey & Deloitte Consultants | Download and Reuse Now 10+ Operational Excellence Models, Strategies, Principles & Tools.
Business analysis Fundamentals | Fundamentals of business analysisTechcanvass
This presentation will help you in understanding the fundamentals of business analysis. You will learn the practice of business analysis, its components and about the business analyst.
This presentation is brought to you by Techcanvass. Techcanvass is an IIBA Endorsed Education Provider and offers the following courses:
ECBA Certification
-------------------------
http://techcanvass.com/Courses/business-analyst-training.aspx
CBAP Certification
---------------------------
http://techcanvass.com/Courses/IIBA-CBAP-certification-training.aspx
BA Training with Banking
---------------------------------
http://techcanvass.com/Courses/Business-Analyst-in-Risk-Management-training.aspx
BA Training with Investment Banking
-----------------------------------------------
http://techcanvass.com/Courses/Business-Analyst-Investment-Banking-training.aspx
BA Training with US Healthcare
--------------------------------------------
http://techcanvass.com/Courses/Business-Analyst-Healthcare-training.aspx
Website: http://techcanvass.com
Facebook Page: https://www.facebbook.com/Techcanvass
Twitter Handle: @techcanvass
BPM (Business Process Management) IntroductionIntegrify
An introduction to BPM for teams looking to improve business processes through business process management (BPM). This is an abridged version of the full BPM guide.
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants after more than 3,000 hours of work. It shares our combined 100+ years of experience advising executive teams around the world. It includes all the Frameworks, Best Practices & Templates required to successfully implement an operating model and organization design initiative, and make your strategy happen.
How to Write a Business Case: 4 Steps to a Perfect Business Case TemplateWorkfront
Yes, poor planning and lackluster top management support can kill otherwise well-built projects, but right up there is also the inability to make a convincing business case for your project. Luckily for you, the presentation provides a step-by-step guide for not only building a strong business case, but creating a business case template you can use again and again. Let’s get started…
This presentation provides an overview of the basic principles and calculations often used in developing a financial justication analysis as part of a Business Case. Topics covered include:
- Pre-Tax Cash Flow
- Payback Period
- Accounting Terms and Principles
- Depreciation Methods
- After-Tax Cash Flow
- Discounted Cash Flow
- Net Present Value
- Internal Rate of Return
- Modified Internal Rate or Return
- Economic Value Added
- Packaging the Business Case
Flevy.com - Pricing a Consulting ProjectDavid Tracy
This is a partial preview of the document found here:
https://flevy.com/browse/business-document/pricing-a-consulting-project-94
Description:
This presentation discusses the basic principles behind designing and pricing a management consulting type project.
What HR Can Learn From American Idol to Improve Individual, Team, and Organi...rcsatterwhite
The popularity of American Idol rests on its ability to integrate and simplify six basic elements of a successful performance appraisal process: standards, auditions, critiques, developmental suggestions, advisors, and advertisements – which, in HR terms, are criteria, performance, ratings, feedback, mentors, and communication (respectively). This virtual session will focus on how to leverage the performance appraisal elements embodied by this smash hit to drive performance at individual, team, and organizational levels, including: 1) various criteria used to evaluate performance; 2) the importance of opportunities to display and observe performance; 3) how ratings can be used to propel performance; 4) linking evaluations to feedback and action planning; 5) the relationship between mentoring and performance; and 6) the significance of communication to program success.
S&OP Leadership Exchange: Tailoring S&OP to Fit your BusinessPlan4Demand
866.P4D.INFO | Plan4Demand.com | Info@plan4demand.com
Andrew McCall, S&OP Solutions Lead at Plan4Demand Discusses how tailoring your S&OP process to fit your business is critical to achieving bottom line success.
Business Healthcheck Service By John Capper & CoJohn Capper & Co
This presentation describes our Business Health Check service. Think of it as preventative medicine for your business. What you get out of it is a measured easy to understand report on the state of your business and your action plan to respond to the findings of the Health Check
Robotics Process Automation (RPA) - Hands on knowledgeJulen Mohanty
Presented this on in various forums due to agreements with organizers and sponsors, i had to block few slides. In case you absolutely need those, pls contact me,.
Glad many people liked the Program management Fundamentals presentation. With many requests i thought it's time to go one step further to define scope of the program.
I will publish financial & workforce planning, going forward.
This presentation should be read only after reading completely the Program Management fundamentals presentation.
The presentation was delivered at Testing Automation & continuous testing summit at bangalore, organized by NextgenTesting team and unicom learning team.
This presentation was delivered as part of the corporate training that i conduct.
The sessions were for the project managers & Sr project managers, who are aspiring to be the program managers.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
2. Learning Objectives
• What is Business Case & Why to use it
• The component of an typical business case
• How to create an business case
3. CONSIDERATION
Divide yourself to different groups A, B, C …… by calling # 1,2,3,4
4. INDEX What we will learn today
What’s a Business Case
Why do a Business Case
When a Business Case Required
What does it Contain
In detail of :
Assignment
• Phase 1: Strategic Context
• Phase 2: Analysis and Recommendation s
• Phase 3: Management and Capacity
What Makes an Effective Business Case
Writing the Business Case Brainstormi
Process After the Business Case writing is Complete
ng
Case Study
5. What is Business Case
A document that forms the basis of advice for executive decision-making for
an asset investment.
It is a documented proposal to meet a clearly established service requirement. It
considers alternative solutions and identifies assumptions, benefits, costs and risks.’
A business case captures the reasoning for initiating a project or task & to persuade
those with authority that they should endorse and fund a particular project or initiative
The business case generally covers:
The business need or requirement;
The options to best address the business need or requirement;
Analysis of the benefits and costs of the options;
Recommendations regarding the preferred option;
Risk identification and mitigation strategy; and
Implementation strategy.
6. Why do a Business Case
Effective tool for achieving the following outcomes
Show how more efficiently the project can reduce costs;
Demonstrate how the project initiatives can help achieve company/ dept. objectives
Articulate the risks which may eventuate if project is not taken or done incompletely
Identify how previous errors could have been prevented or their impact diminished
through the project
Highlight the need for the project to be considered when planning anything across
the agency;
Demonstrate how the project benefits the company/ dept
Communicate the resources required to implement the projects adequately
Demonstrate a need for an increased operating budget.
7. When do We need a Business Case
Generally needed when funding is required in addition to the usual budget for the
Project/ Process management function, mostly BAUs
Situations where Top Management is required to know the Problem, The available
options as solutions & the best solution out of the available solutions, including the
justification of the extra investment that’s going to be done.
Business Case is to show the management the unseen forecast of the solution. This
always starts with an END in mind, that the management is to be convinced about.
8. 10 Mins
Tell Something about Business Case
No. 1, 2, 3, 4 of sequential teams to answer this
A1, B2, C3, D4, E1…..
9. What does Business Case contain
These three phases are:
Phase 1: Strategic Context
Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
10. What does Business Case contain
Phase 1: Strategic Context
Step 1: Business Needs and Desired Outcomes
- Establishes the case for change and clearly defines the need for the investment.
Phase 2: Analysis and Recommendation
Step 2: Preliminary Options Analysis
- Identification, analysis, and screening of a comprehensive list of options to demonstrate due-diligence in the
selection of choices.
Step 3: Viable Options
- Builds upon the preliminary analysis of options, where each viable option is subjected to an increasing level of
rigorous analysis.
Step 4: Justification and Recommendation
- Full comparison of each viable option against the evaluation criteria identified in the preliminary analysis
- Recommendation of a preferred option based on the net advantages of the viable option over all others.
Phase 3: Management and Capacity
Step 5: Managing the Investment
- Strategic considerations for how the investment will be managed.
11. 10 Mins
Write a simple business case to procure Video
Desk phones for your team
A2, B3, C4, E1…. Papers to be reviewed by the team sitting on their right side
12. What does Business Case contain
STEP - 1
BUSINESS NEED & DESIRED OUTCOME
• Strategic Environment
• Strategic Fit
• Detailed Description of the Business Need STEP - 2
• Scope of Project
PRILIMINARY OPTIONS ANALYSIS
• Evaluation Criteria
PHASE – 1 • List Possible Options
STRATEGIC CONTEXT • Screening of Options
• Rationale for Rejected & Viable options
STEP - 3
PHASE – 2 VIABLE OPTIONS
• • Benchmark
ANALYSIS AND Alignment
• Policy & Standard
• Cost
RECOMMENDATION • Cost – Benefit Analysis Consideration
• Implementation & Capacity • Advantages &
• Risk Disadvantages
PHASE – 3 JUSTIFICATION & RECOMMENDATION
Management and Capacity • Comparison Summary
MANAGING THE INVESYMENTS • Preferred Option
• Governance & Oversight • Risk Mgmt Strategy
STEP - 4
• Project Management • Change Mgmt Strategy
Strategy • Performance
• Outcome Management Measurement Strategy
Strategy
STEP - 5
13. What does Business Case contain
Phase 1: Strategic Context
Phase 1: Strategic Context Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
The purpose of this phase is to establish the case for change and clearly define the
need for the investment.
Where are we now? Describes the current business environment.
Where do we want to be? Describes the business objectives.
Describes the problem or opportunity facing the
What is the business need?
organization and the associated proposed
investment.
Describes the drivers for change.
What has triggered the need for change?
What are we trying to achieve? Describes the business’ desired outcomes.
Describes how the proposed investment maps to the
What is the strategic fit? departmental framework, to its goals, priorities,
outcomes, and policies, as well as to those of the
Organization.
14. What does Business Case contain
Phase 1: Strategic Context
Phase 1: Strategic Context Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
The focus of this phase is on the following:
Step 1: Business Needs and Desired Outcomes
The first step in developing a business case is to identify the need (problem or
opportunity) facing the sponsoring organization and the desired business
outcomes.
To do this effectively, due consideration should be given to the broader organizational
context, which includes
• the current business environment,
• strategic business objectives,
• drivers for change,
• along with an analysis of how the desired business outcomes align with
the overall organizational objectives, structure, and policy framework.
Ultimately, demonstrate the value of the investment to the organization.
15. 15 Mins
You are IT manager of a bank. The operations people want some kind of IT
system to help them in maintaining customer’s data. They have a robust
system for maintaining customer’s transactions, but everyone can’t get
access to that as there could be mishandling of the customer data. So they
want a separate system.
You want some software to be installed in your bank to take the details of the
customer, store it & let the employees extract the data as they want. It’s your
responsibility to implement the system.
What would be your problem statement when you prepare the business case
All to participate in the discussion
A4, B1, C2, D3, E4…… has to write this down & read for all others.
16. What does Business Case contain
Phase 1: Strategic Context
Phase 2: Analysis and Recommendation Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
The purpose of this phase is to analyse various options & do in-depth analysis for
the viable option to be selected
Presents the viable options and associated costs and
benefits that will undergo detailed analysis and the
How will we get there?
evaluation criteria that ultimately will be used to
determine an overall recommendation.
This question could be answered by a financial
What is the best option? appraisal to ascertain funding, affordability, and cost
balancing in relation to benefits and risks.
This phase is considered the heart of the business case
17. What does Business Case contain
Phase 1: Strategic Context
Phase 2: Analysis and Recommendation Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
Step 2: Preliminary Options Analysis
Comprehensive list of options should be produced and screened to demonstrate due
diligence in the selection process.
Once the initial screening is complete, details regarding the decision to either accept
or reject an option for further analysis should be presented. The objective is to
narrow the field of alternatives down to a reasonable number of viable options - for
rigorous analysis
It is considered a best practice to include a minimum of 3-4 viable options for
analysis, with one being the status quo option.
18. What does Business Case contain
Phase 1: Strategic Context
Phase 2: Analysis and Recommendation Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
Step 3: Viable Options
A more rigorous analysis of the viable options is conducted at this point in the
business case by building on the previous section’s analysis.
The advantages and disadvantages (with supporting evidence) of each option should
be fully explored and evaluated in terms of their costs (total or incremental) and
risks.
identify the preferred option from the short list of viable options that answer the
investment need and the case for change.
This is mostly the Feasibility Analysis of the options that could best address the
problem.
19. What does Business Case contain
Phase 1: Strategic Context
Phase 2: Analysis and Recommendation Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
Step 4: Justification and Recommendation
Nothing in the business case will be questioned or scrutinized more than the
justification supporting the recommendation to adopt the preferred option.
the goal of Step 4 is to identify a preferred option and demonstrate why the option
is deemed preferable over all others.
The evaluation criteria and the degree to which the key requirements of the
business need are addressed will be measured alongside the findings of the viable
options analysis conducted in Step 3
20. 15 Mins
You are a manager & have teams sitting in Mumbai, Bangalore, HYD &
Tampa. There are 8 people & work on the same process. You feel there are
lot of communication gap among the team, because of the different places
they are sitting. You want to propose to sr. management to take some action
& make the team collaborate and communicate properly.
Sr. management asks you to prepare a Business Case & propose to them,
what exactly you want, how that’s going to be beneficial for the dept./
company & what’s you exactly propose them to do.
All to participate in the discussion
A3, B4, C1, D2, E3…… has to write this down & read for all others. They can take
help from their team members.
21. What does Business Case contain
Phase 1: Strategic Context
Phase 3: Management and Capacity Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
This strategic-level phase should demonstrate to the business case’s reviewers that the
investment will be managed effectively.
The reviewers—and all the stakeholders—need assurance that all the appropriate project and outcome
management strategies are in place to achieve the desired business outcomes
Where and how will the investment fit within the Describes the governance and oversight
organization’s broader governance and oversight structure? structure for the investment.
How will the project be managed and reviewed throughout Describes the project management strategy for
its life cycle? the investment.
Describes the outcome management strategy for
How will the business outcomes be realized?
the investment.
Describes the risk management strategy for the
How will the business risks be mitigated and managed?
investment.
Describes the change management strategy for
How will change be managed and implemented?
the investment.
Describes the performance measurement
How will performance be measured?
strategy for the investment.
22. What does Business Case contain
Phase 1: Strategic Context
Phase 3: Management and Capacity Phase 2: Analysis and Recommendation
Phase 3: Management and Capacity
Step 5: Managing the Investment
the important final step in the business case development process, is to describe—at a
strategic level—how the investment, project, initiative, or event will be managed
further reinforce the key messages of the business case, ensuring its soundness and
conformity to commonly acknowledged best practices for business.
critical project management fundamentals as methodology and procedures are well
thought out and in place before the launch of the project:
Governance and oversight
Project management strategy
Outcome management strategy
Risk management strategy
Change management strategy
Performance measurement strategy
23. How to write Business Case Practical Approach
Approach Scope Create the Case
The generally followed & formal approach by industry is
Define Business Need
Assess Capability Gaps
Determine Solution Approach
Define Solution Scope
Define Business Case
The generally non formal approach by industry is
Define Situation
Analyze Situation
SARIE Propose a Recommendation
Plan Implementation
Evaluate the solution
24. How to write Business Case Practical Approach
SARIE KEY FEATURES TOOL USED
Define Situation Current Problems & Opportunities SWOT Analysis
Analyze Situation Root Cause Analysis (what’s missing to Mind Maps, Fishbone Diagrams,
meet needs) process Diagrams & other Tools
Propose a Recommendation What’s to be delivered & It’s effect Scope freeze, Work Breakdown,
Functional Decomposition, User
Stories
Plan Implementation Most feasible approach to deliver Decision Tree, Weighted Ranking
solution
Evaluate the solution Measure of Cost & Benefits Cost – Benefit Analysis, Pay back
Period Analysis, ROI
Situation Statement:
• Problem (or opportunity) of ‘A’
• Has the effect of ‘B’
• With the Impact of ‘C’
25. After Business Case is Complete
Obtaining Endorsement
Implementation
• Provide a timeline with clear milestones;
• Clearly state roles and responsibilities;
• Be linked to costs so that resources needed can be tracked and utilised efficiently
• Have clear deliverables & outcomes associated with each milestone so that key performance
indicators can be measured.
Business Business Case
Outcomes Development
RESOURCES
Business
Capability
Operational
Capability
After Business
Technical Case
Capability Development
26. After Business Case is Complete
Monitoring & Reporting
• It can provide evidence of your efficient management of projects
• It can be used in future business cases to demonstrate that records management projects
are cost effective
• It can be used to demonstrate how records management adds value to the agency.
27. 30 Mins
Prepare a business case in detail, to request your sr management to sponsor
commuting facility for your department.
All to participate in the Process
4 people to be nominated as Sr. Management persons
2 people will be nominated as dept. managers & they have to prepare the case
The 2 people who are preparing the case will take help from rest all people to
prepare the case & present to the Sr. management.
While these 2 dept. managers are preparing the in detail business case, the Sr.
Management guys are also preparing the same business case to have their
standpoint & decisions strong.