You’re probably reading this article because you want to know how to write a business case. Perhaps your organization is embarking on a major project to develop a new product. Or, perhaps you’re thinking of moving house so your family can enjoy a better life. In either case, you write a business case to ensure the investment is worthwhile.
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).
Change and Project Management Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created after 2,000+ hours of work by ex-McKinsey, Deloitte & BCG Consultants specialized in Change & Project Management. It is considered the world's best & most comprehensive Change & Project Management Toolkit. It includes all the Frameworks, Tools & Templates required to improve the Capability of your organization & excel as a Change Manager or Project Manager. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Mergers and Acquisitions Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Mergers and Acquisitions Toolkit. It includes all the Frameworks, Tools & Templates required to improve the M&A capability of your organization and boost your personal career. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
This is a preview of the Complete Business Frameworks Reference Guide/Toolkit. The full document can be downloaded here:
https://flevy.com/browse/business-document/complete-business-frameworks-reference-guide-644
The Complete Business Frameworks Reference Guide is a very comprehensive document with over 300+ slides--covering 50 common management consulting frameworks and methodologies (listed below in alphabetical order). A detailed summary is provided for each business framework. The frameworks in this deck span across Corporate Strategy, Sales, Marketing, Operations, Organization, Change Management, and Finance.
These frameworks and templates are the same used by top tier consulting firms, such as McKinsey, Bain, BCG, Booz, Monitor Group, Deloitte, Accenture, IBM, E&Y, LEK, AT Kearney, Roland Berger, Oliver Wyman, and others.
INCLUDED FRAMEWORKS & METHODOLOGIES:
1. ABC Analysis
2. Adoption Cycle
3. Ansoff Market Strategies
4. Balanced Scorecard
5. BCG Growth-Share Matrix
6. Benchmarking
7. Blue Ocean Strategy
8. Break-even Analysis
9. Business Unit Profitability
10. Economics of Scale
11. Environmental Analysis
12. Experience Curve
13. Cluster Analysis
14. Company & Competitor Analysis
15. Core Competence Analysis
16. Cost Structure Analysis
17. Customer Experience
18. Customer Satisfaction Analysis
19. Customer Value Proposition
20. Fiaccabrino Selection Process
21. Financial Ratios Analysis
22. Gap Analysis
23. Industry Attractiveness & Business Strength Assessment
24. Key Purchase Criteria
25. Key Success Factors (KSF)
26. Market Sizing & Share
27. McKinsey 7-S
28. Net Present Value
29. PEST Analysis
30. Porter Competition Strategies
31. Porter's Five Forces
32. Portfolio Strategies
33. Price Elasticity
34. Product Life Cycle
35. Product Substitution
36. Relative Cost Positioning
37. Rogers' Five Factors
38. Scenario Techniques
39. Scoring Models
40. Segment Attractiveness
41. Segmentation & Targeting
42. Six Thinking Hats
43. Stakeholder Analysis
44. Strengths & Weaknesses Analysis
45. Structure-Conduct-Performance (SCP)
46. SWOT Analysis
47. SWOT Strategies
48. Treacy / Wiersema Market Positioning
49. Value Chain Analysis
50. Venkat Matrix
The level of detail varies by framework, depending on the nature of the management model. Examples, templates, and case studies are provided.
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Effective Strategy Execution with Capability-Based Planning, Enterprise Arch...Iver Band
The difficulty of strategy execution should not be underestimated
Capability-based planning helps make strategy concrete
Enterprise architecture closes the remainder of this gap, and ensures alignment and coherence
Enterprise portfolio management allows managing large enterprise landscapes based on business value
ArchiMate models tie it all together, providing a clear line of sight from strategy definition to realization
Powerful tool support makes this a strong combination!
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
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).
Change and Project Management Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created after 2,000+ hours of work by ex-McKinsey, Deloitte & BCG Consultants specialized in Change & Project Management. It is considered the world's best & most comprehensive Change & Project Management Toolkit. It includes all the Frameworks, Tools & Templates required to improve the Capability of your organization & excel as a Change Manager or Project Manager. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Mergers and Acquisitions Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Mergers and Acquisitions Toolkit. It includes all the Frameworks, Tools & Templates required to improve the M&A capability of your organization and boost your personal career. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
This is a preview of the Complete Business Frameworks Reference Guide/Toolkit. The full document can be downloaded here:
https://flevy.com/browse/business-document/complete-business-frameworks-reference-guide-644
The Complete Business Frameworks Reference Guide is a very comprehensive document with over 300+ slides--covering 50 common management consulting frameworks and methodologies (listed below in alphabetical order). A detailed summary is provided for each business framework. The frameworks in this deck span across Corporate Strategy, Sales, Marketing, Operations, Organization, Change Management, and Finance.
These frameworks and templates are the same used by top tier consulting firms, such as McKinsey, Bain, BCG, Booz, Monitor Group, Deloitte, Accenture, IBM, E&Y, LEK, AT Kearney, Roland Berger, Oliver Wyman, and others.
INCLUDED FRAMEWORKS & METHODOLOGIES:
1. ABC Analysis
2. Adoption Cycle
3. Ansoff Market Strategies
4. Balanced Scorecard
5. BCG Growth-Share Matrix
6. Benchmarking
7. Blue Ocean Strategy
8. Break-even Analysis
9. Business Unit Profitability
10. Economics of Scale
11. Environmental Analysis
12. Experience Curve
13. Cluster Analysis
14. Company & Competitor Analysis
15. Core Competence Analysis
16. Cost Structure Analysis
17. Customer Experience
18. Customer Satisfaction Analysis
19. Customer Value Proposition
20. Fiaccabrino Selection Process
21. Financial Ratios Analysis
22. Gap Analysis
23. Industry Attractiveness & Business Strength Assessment
24. Key Purchase Criteria
25. Key Success Factors (KSF)
26. Market Sizing & Share
27. McKinsey 7-S
28. Net Present Value
29. PEST Analysis
30. Porter Competition Strategies
31. Porter's Five Forces
32. Portfolio Strategies
33. Price Elasticity
34. Product Life Cycle
35. Product Substitution
36. Relative Cost Positioning
37. Rogers' Five Factors
38. Scenario Techniques
39. Scoring Models
40. Segment Attractiveness
41. Segmentation & Targeting
42. Six Thinking Hats
43. Stakeholder Analysis
44. Strengths & Weaknesses Analysis
45. Structure-Conduct-Performance (SCP)
46. SWOT Analysis
47. SWOT Strategies
48. Treacy / Wiersema Market Positioning
49. Value Chain Analysis
50. Venkat Matrix
The level of detail varies by framework, depending on the nature of the management model. Examples, templates, and case studies are provided.
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
Effective Strategy Execution with Capability-Based Planning, Enterprise Arch...Iver Band
The difficulty of strategy execution should not be underestimated
Capability-based planning helps make strategy concrete
Enterprise architecture closes the remainder of this gap, and ensures alignment and coherence
Enterprise portfolio management allows managing large enterprise landscapes based on business value
ArchiMate models tie it all together, providing a clear line of sight from strategy definition to realization
Powerful tool support makes this a strong combination!
Finance and Investment Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey & Deloitte Consultants, and JP Morgan Investment Bankers, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Finance & Investment Toolkit. It includes all the Frameworks, Tools & Templates required to improve the capability of your organization and boost your career. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Business Plan and Entrepreneurship Toolkit - Framework, Best Practices and Te...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants and Entrepreneurs, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Entrepreneurship Toolkit. It includes all the Frameworks, Tools & Templates required to build, run and scale your own Business and excel as an Entrepreneur. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Future Proofing Your IT Operating Model for DigitalDavid Favelle
Having worked with Operating Model for over 10 years, Dave has new adopted DevOps, IT4IT and Continuous Delivery alongside traditional frameworks. The concept of the value stream is central to the thinking. The presentation was delivered as a Keynote at the Open Group in Amsterdam October 2017 -https://www.youtube.com/watch?v=Y7yH1JJKvqc&t=1969s
Note that Dave and the ValueFlow team deliver Operating Model on the ServiceNow platform.
Project Management Overall Approach created by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. Powerpoint version Downloadable at www.slidebooks.com.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Business Toolkit created by former management consultants from Deloitte and McKinsey.
Easily define & implement your Marketing Strategy & Plan in 11 simple steps. This Marketing Strategy & Plan Template is an international Bestseller created after more than 300 hours of work by ex-Havas, McKinsey & Deloitte Consultants, specialized in Marketing & Strategy. Don’t reinvent the wheel and increase your productivity.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Management Consultant Toolkit created by former management consultants from Deloitte and McKinsey.
Post Merger Integration Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 2000 hours of work. It is considered the world's best & most comprehensive Post Merger Integration Toolkit. It includes all the Frameworks, Tools & Templates required to increase the value creation of your Mergers & Acquisitions. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Leadership and Managerial Skills Toolkit - Framework, Best Practices and Temp...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Management Consultants specialized in coaching leaders and managers. It will help you (I) Resolve complex problems and structure your reasoning, (II) Communicate effectively, (III) Negotiate effectively, (IV) Manage your time, (V) Manage your team, (VI) Define who you want to be, and what you want to achieve. This Toolkit was used to train the leadership team and the managers of multiple Fortune Global 1000 firms. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Arrow diagrams in Powerpoint created by former Deloitte management consultants and talented designers.
To access the editable PowerPoint version, please go to www.slidebooks.com
Business Transformation PowerPoint Presentation Slides SlideTeam
Every organization undergoes a certain change to cope up with changing trends in the market. Its ending point must be a different from a starting point. This content ready business transformation PowerPoint presentation is a guide for your organization to have a structured and planned change. These business transformation presentation templates are perfect to achieve organizational goals and improve business processes, technologies, and productivity. Whether it’s an internal change or an external, an organization goes through several stages of transformation. This is explicitly explained in a business transformation framework slide. There could be various business areas where a change is needed such as customer service or finance. We present your business transformation PPT slides that will help you go through digital transformation, finance transformation, customer service transformation and more. This complete presentation will help you explain the important business drivers for the required change in the management . Get your hands on this ready-made professionally designed business transformation presentation to achieve a successful business transformation. Spread the buzz with our Business Transformation PowerPoint Presentation Slides. Generate interest with your views.
Operations and Supply Chain Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Operations & Supply Chain Management Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Operations & Supply Chain Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to improve your skills and the operational excellence of your organization. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Bringing Architecture Thinking to the People - An introduction into the PEOPL...Craig Martin
The successful implementation of an architecture plan or blueprint is often challenged not in the efficacy of the design elements of the architecture, but in its implementation by people in business operations. Transformation programs will often struggle as a consequence of the failure to consider the issues impacting and the role of people in supporting the target operating state of the architecture once implemented, it is therefore imperative that when architects innovate, model and design to solve business problems, that they equally consider the people dimension. Capability based planning is incomplete unless we address the optimum mix of people, process and tools to drive out the target outcome of that capability. This presentation will look at a case study from within the Australian market in which Business Capability Based Planning was applied to assess people capabilities and organisation preparedness to support a target business model. It will also discuss some of the more effective people levers that can be applied to deliver more impactful and long lasting architectural change.
This Toolkit was created after 1,100+ hours of work by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. It is considered the world's best & most comprehensive Project Management Toolkit. It includes all the Frameworks, Tools & Templates required to improve the Project Management Capability of your organization & excel as a Project Manager. Powerpoint and Excel version Downloadable at www.slidebooks.com
In this webinar, you will learn more about the techniques for creating and using a Center of Excellence to provide structured support for BPM projects. A Center of Excellence provides expertise, knowledge, and BPM project support and management within a company.
A Center of Excellence is a valuable resource that can play an essential role in addressing the challenges that arise on the road to BPM implementation success. With it you can provide technical assistance, coordinate BPM efforts, define and drive methodologies, reduce the cost of BPM implementation by sharing resources, and facilitate collaboration.
Use a Center of Excellence approach to build a team with the skills needed to launch a digital transformation initiative at the company level that includes measurement capabilities, one of the most important aspects brought by a Center of Excellence.
Video:
You can receive our Powerpoint slides by sharing this presentation and submitting your email at www.slidebooks.com | Team Management Training | How to become a great manager | By ex-Deloitte Consultants
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
Top 85 business analyst interview questions and answers pdf
free pdf download ebook
business analyst cover letter, business analyst interview questions, business analyst job description, business analyst resume, business analyst skills, how to become business analyst
Business Plan and Entrepreneurship Toolkit - Framework, Best Practices and Te...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants and Entrepreneurs, after more than 2,000 hours of work. It is considered the world's best & most comprehensive Entrepreneurship Toolkit. It includes all the Frameworks, Tools & Templates required to build, run and scale your own Business and excel as an Entrepreneur. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Future Proofing Your IT Operating Model for DigitalDavid Favelle
Having worked with Operating Model for over 10 years, Dave has new adopted DevOps, IT4IT and Continuous Delivery alongside traditional frameworks. The concept of the value stream is central to the thinking. The presentation was delivered as a Keynote at the Open Group in Amsterdam October 2017 -https://www.youtube.com/watch?v=Y7yH1JJKvqc&t=1969s
Note that Dave and the ValueFlow team deliver Operating Model on the ServiceNow platform.
Project Management Overall Approach created by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. Powerpoint version Downloadable at www.slidebooks.com.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Business Toolkit created by former management consultants from Deloitte and McKinsey.
Easily define & implement your Marketing Strategy & Plan in 11 simple steps. This Marketing Strategy & Plan Template is an international Bestseller created after more than 300 hours of work by ex-Havas, McKinsey & Deloitte Consultants, specialized in Marketing & Strategy. Don’t reinvent the wheel and increase your productivity.
Go to www.slidebooks.com to access the editable version in Powerpoint and Excel of this Management Consultant Toolkit created by former management consultants from Deloitte and McKinsey.
Post Merger Integration Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 2000 hours of work. It is considered the world's best & most comprehensive Post Merger Integration Toolkit. It includes all the Frameworks, Tools & Templates required to increase the value creation of your Mergers & Acquisitions. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Leadership and Managerial Skills Toolkit - Framework, Best Practices and Temp...Aurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Management Consultants specialized in coaching leaders and managers. It will help you (I) Resolve complex problems and structure your reasoning, (II) Communicate effectively, (III) Negotiate effectively, (IV) Manage your time, (V) Manage your team, (VI) Define who you want to be, and what you want to achieve. This Toolkit was used to train the leadership team and the managers of multiple Fortune Global 1000 firms. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Arrow diagrams in Powerpoint created by former Deloitte management consultants and talented designers.
To access the editable PowerPoint version, please go to www.slidebooks.com
Business Transformation PowerPoint Presentation Slides SlideTeam
Every organization undergoes a certain change to cope up with changing trends in the market. Its ending point must be a different from a starting point. This content ready business transformation PowerPoint presentation is a guide for your organization to have a structured and planned change. These business transformation presentation templates are perfect to achieve organizational goals and improve business processes, technologies, and productivity. Whether it’s an internal change or an external, an organization goes through several stages of transformation. This is explicitly explained in a business transformation framework slide. There could be various business areas where a change is needed such as customer service or finance. We present your business transformation PPT slides that will help you go through digital transformation, finance transformation, customer service transformation and more. This complete presentation will help you explain the important business drivers for the required change in the management . Get your hands on this ready-made professionally designed business transformation presentation to achieve a successful business transformation. Spread the buzz with our Business Transformation PowerPoint Presentation Slides. Generate interest with your views.
Operations and Supply Chain Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Operations & Supply Chain Management Toolkit was created by ex-McKinsey, Deloitte and BCG Consultants, after more than 1,000 hours of work. It is considered the world's best & most comprehensive Operations & Supply Chain Toolkit. It includes all the Frameworks, Analysis Tools & Document Templates required to improve your skills and the operational excellence of your organization. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Bringing Architecture Thinking to the People - An introduction into the PEOPL...Craig Martin
The successful implementation of an architecture plan or blueprint is often challenged not in the efficacy of the design elements of the architecture, but in its implementation by people in business operations. Transformation programs will often struggle as a consequence of the failure to consider the issues impacting and the role of people in supporting the target operating state of the architecture once implemented, it is therefore imperative that when architects innovate, model and design to solve business problems, that they equally consider the people dimension. Capability based planning is incomplete unless we address the optimum mix of people, process and tools to drive out the target outcome of that capability. This presentation will look at a case study from within the Australian market in which Business Capability Based Planning was applied to assess people capabilities and organisation preparedness to support a target business model. It will also discuss some of the more effective people levers that can be applied to deliver more impactful and long lasting architectural change.
This Toolkit was created after 1,100+ hours of work by ex-McKinsey, Deloitte & BCG Consultants specialized in Project Management. It is considered the world's best & most comprehensive Project Management Toolkit. It includes all the Frameworks, Tools & Templates required to improve the Project Management Capability of your organization & excel as a Project Manager. Powerpoint and Excel version Downloadable at www.slidebooks.com
In this webinar, you will learn more about the techniques for creating and using a Center of Excellence to provide structured support for BPM projects. A Center of Excellence provides expertise, knowledge, and BPM project support and management within a company.
A Center of Excellence is a valuable resource that can play an essential role in addressing the challenges that arise on the road to BPM implementation success. With it you can provide technical assistance, coordinate BPM efforts, define and drive methodologies, reduce the cost of BPM implementation by sharing resources, and facilitate collaboration.
Use a Center of Excellence approach to build a team with the skills needed to launch a digital transformation initiative at the company level that includes measurement capabilities, one of the most important aspects brought by a Center of Excellence.
Video:
You can receive our Powerpoint slides by sharing this presentation and submitting your email at www.slidebooks.com | Team Management Training | How to become a great manager | By ex-Deloitte Consultants
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
Top 85 business analyst interview questions and answers pdf
free pdf download ebook
business analyst cover letter, business analyst interview questions, business analyst job description, business analyst resume, business analyst skills, how to become business analyst
This e-book has been written for information purposes only. Every effort has
been made to make this ebook as complete and accurate as possible.
However, there may be mistakes in typography or content. Also, this ebook
provides information only up to the publishing date. Therefore, this ebook
should be used as a guide - not as the ultimate source.
The purpose of this ebook is to educate. The author and the publisher does
not warrant that the information contained in this e-book is fully complete
and shall not be responsible for any errors or omissions.
The author and publisher shall have neither liability nor responsibility to any
person or entity with respect to any loss or damage caused or alleged to be
caused directly or indirectly by this ebook.
1- Business Case Template comments For this assignment you wer.docxjeremylockett77
1- Business Case Template comments
For this assignment you were to develop a business case template for a social relevant project in collaboration with your team. The template should be the same template of every member of your group.
Although you had good discussion in the group discussion board and have similar components of the Business Case Template, you each submitted a different format. It is important to read and follow direction. This is a critical skill for the project manager to manage the scope of the project.
Your description of the purposes of the business case reflected a good understanding of the role in developing business case template to represents the value of the project to the organization.
You discussed background (an important component)
Climate change (this is true only if the project is designed to address climate change). A larger aspect might include the impact of the project on society, called a social impact analysis that addresses impact to people, plant, as well as profit.
You discussed purchasing. I do not see the connection to purchasing and the justification of the project.
Benefits and values are two separate concepts. Benefits is one of the baseline components that should be addressed in the business case. Values can also be a component but needs more explanation.
The ROI is a critical business case component.
You may want to review the ideas submitted in the group discussion for additional items or changes in your project business case. For example; Delvin suggested components that you might want to consider.
2- Project Concept Paper Comments:
Your project appears to be a socially relevant project although more definition is needed for your project. It appears that your project will develop a new business that serves the dairy farmers in a specific region by providing specific services that will allow the dairy farmers to take advantage of collective action.
Your project objectives a quick market for dairy products. This sounds like the new organization or new company that the project will create will purchase the milk from the farmers. It also appears that the facility that you will build or create for milk storage will be a significant improvement and offer increased safety and quality.
Under your project outcomes, you indicate that the project will offer milk storage services. Does this mean you will build a storage facility or there is some other means of storing milk? You also indicated that the new organization will market and sell the milk. It appears that the organization may have already developed a reliable buyer the new organization will not need to develop a market for their product.
You indicated that the project benefit would include new job opportunities. You did not indicate how many jobs will be developed. It is important to be specific in these areas. You indicated that the project was also generate revenues. It is important to include a revenue and cost projection ...
Learn all you need to know about zero-based budgeting and how it can help you manage your finances. It is not enough to know something if you cannot use it. https://maestrack.com/what-is-zero-based-budgeting/
The new mode of writing business cases focuses on the benefits of the idea rather than the cost. It should also be about speed and capture of data rather than tomes of content. Find out how to create a better business case.
Appendix ABusiness Plan AssignmentThe Business Plan will be ab.docxjustine1simpson78276
Appendix A
Business Plan Assignment
The Business Plan will be about health organization thinking about buying MRI.
One of the ways that organizations prosper is through the introduction of new programs, projects, and other ventures. A business plan is a document that provides the information needed to determine whether the venture is likely to fail or to succeed. A business plan should help you assess whether the proposed venture is sensible, whether it fits the organizational mission, and whether it will be financially viable.
WHY DEVELOP A BUSINESS PLAN
The more time and effort managers put into a project, the more committed they become to it, and the harder it becomes to recognize the project’s limitations. So the first and foremost reason for developing a business plan is to discover weaknesses and eliminate bad proposals at an early stage.
If the plan provides evidence that the proposed venture is a good one, then the plan becomes a vital tool in a number of ways. It provides the details of why the idea is a good one, supporting the idea with evidence instead of merely opinion. It helps to clarify what we do and don’t know about the venture. It provides a basis to identify and analyze elementary tools for convincing others (e.g., our boss or investors) that the idea is a good one, worthy of financial support.
A business plan also serves other purposes. First, it communicates the purpose of the project to everyone throughout the organization. The plan also provides a road map for the future, laying out the steps that will be needed to fully implement the new venture. It should include a formal statement of both financial and nonfinancial goals for the project, and forecasts of what resources will be needed and how they will be obtained. These resources are not only financial, but also include elements such as management talent that will be needed to implement and run the new program. Finally, we prepare a plan so that we will have a basis for assessing and controlling organizational performance once the venture is fully operational.
QUESTIONS THAT DRIVE A BUSINESS PLAN
A business plan document represents an effort to provide answers to many questions:
· What is the venture that is being proposed?
· Why would our organization want to do it?
· Who will we provide products or services for?
· How much will potential customers pay?
· How many potential customers are there?
· What will our share of the market be?
We must be as clear as possible in defining the business concept. To make an evaluation of a project, we need to know whether we are responding to an opportunity or a competitive threat, or simply following the next logical step in achieving the organization’s mission. We must clearly identify the customer for the products or services that will be provided. Understanding the likely possible pricing and demand for the product or service is critical. Similarly, we must address questions related to marketing approaches. There .
A1 Experiential Learning Project Apply the Design Thinking App.docxdaniahendric
A1: Experiential Learning Project:
Apply the Design Thinking Approach to the creation of a new service and prepare a presentation of the entire process.
The presentation should include all the following major steps of Design Thinking Approach:
a) Understand. Referring to available sources (own experience, outside experts …) research the status quo on
the concept you would like to develop
b) Observe: conduct an ethnographic research by firsthand observation of potential users
c) Ideate: create as many ideas as possible (use techniques as brainstorming). Select the most promising idea
d) Prototype: translate the idea into a simple representation of the app
e) Test: the model with target users. Interact with them. Observe their reactions and behavior and collect
feed-backs to refine the concept
f) The work should also include the marketing plan of the new service.
Outcome requirements:
The slide/visual presentation (format can be selected by the team) will contain the steps in the agenda
mentioned above and it will present the service concept. A visual representation of the service is mandatory.
The Experiential Learning Project will be scored across four (4) attributes based on:
a) Applying the Design Thinking Model. For this first score, the instructor will assess the extent to which
students are able to apply the model into a simulated-real life situation
b) Transforming observations and data into usable information. For this second score, the instructor will
evaluate the extent to which students were able to organize information collected on field analysis in a
presentable fashion (i.e., table, figures, videos …)
c) Creativity: For the third score, the instructor will assess the extent to which students are able to apply
creativity in a new service development and into the presentation itself
d) Original Results: For the fourth score, the instructor will assess the extent to which students are able to
apply the innovation drivers to their project
**********EXAMPLE************
This class was maybe the most troublesome of some other class I have taken at TUI. Be that as it may, I can say I have left with a superior comprehension of Principles of Accounting. The inside and out readings of how to comprehend organizations money related wellbeing was exceptionally enlightening, yet for the present minute isn't important to what I do.
An idea that was precious to me was opportunity costs. They comprise of decisions that make substitute occasions inside people. For myself being a dad of three, officer, and understudy, I in some cases feel that I am out of luck, yet l still figure out how to get past this voyage called life. Deciding to plan something that is going for require penances is a lot of merited, and can have an advantageous effect whenever finished.
The SLP for Module 3 was intriguing on the grounds that as customers, we investigate the "four P's" constantly while shopping. Being from a little Pacific island, regardless we use ...
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Writing Proposals and Progress ReportsChapter OutlineWriting P.docxambersalomon88660
Writing Proposals and Progress Reports
Chapter Outline
Writing Proposals
Proposal Questions
Proposal Style
Proposals for Class Research Projects
Proposals for Action
Sales Proposals
Business Plans and Other Proposals for Funding
Budget and Costs Sections
Writing Progress Reports
Chronological Progress Reports
Task Progress Reports
Recommendation Progress Reports
Summary of Key Points
Page 563IN THE NEWS
Proposals by Corporate Investors
Public companies invite proposals from their shareholders on the company’s response to its stakeholders. Corporate investors, led by religious groups and socially responsible investors, have increasingly been bringing forth environmental and social proposals. Often companies work with proponents of these proposals to arrive at mutually agreeable outcomes.
The growth in these proposals has been tremendous—from around 7% to 32% between 2004 and 2007—counting those that garnered at least 15% votes. Among specific issues that these proposals address are companies’ sexual orientation policies, pollution policies, labor policies, efforts on climate change, and political contributions. Some of these proposals find mention in the following year’s annual or corporate sustainability report, while some others result in specific agreements with the company. Proposals can be resubmitted, so it’s in the companies’ interest to take proposals seriously.
Two major examples come from Exxon. The Sisters of St. Dominic were the lead filers on a proposal, which got 31% support, asking for greenhouse gas reduction. A different proposal from an individual investor, which got 27% support, asked for the development of renewable energy sources. Another instance is Domini Social Investments’ proposal asking Home Depot to produce a report on its sustainably harvested lumber. Home Depot agreed to publish on its Web site its wood purchasing policy, including quantitative information.
“Corporate investors . . . have increasingly been bringing forth environmental and social proposals.”
Adapted from William J. Holstein, “A Bumper Crop of Green Proposals,” in BusinessWeek: Managing: Your Board: Armchair MBA, http://www.businessweek.com/managing/content/jun2008/ca20080626_395541.htm (accessed April 11, 2009).
Page 564Learning Objectives
After studying this chapter, you will know how to
Write proposals.
Prepare budget and costs sections.
Write progress reports.
Proposals and progress reports are two documents that frequently are part of larger, longer projects. Proposals argue for the work that needs to be done and who will do it. Progress reports let people know how you are coming on the project.
Writing Proposals
In the workplace, much work is routine or specifically assigned by other people. But sometimes you or your organization will want to consider something different, and you will need to write a proposal for that work. Generally, proposals are created for projects that are longer or more expensive than routine w.
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Question 1 Which of the following is NOT one of the three main.docxaudeleypearl
Question 1
Which of the following is NOT one of the three main elements of radical design?
Changes to existing process
Training
Measuring the results using the predetermined metrics
A vision of which specific performance metrics will best reflect the success of overall business strategy
Question 2
Differentiation can best be described as:
Results when an organization has the lowest cost.
The organization has identified itself as unique in the marketplace.
The difference between price and cost.
Value of the product and the actual cost to provide or produce.
Question 3
Which of the following is NOT a common risk of offshoring?
Long transition periods that decrease the cost of savings
Additional technology, telecommunications, travel, process changes, and management overhead required in order to relocate and supervise operations outside one’s own country
Increase labor costs
Geopolitical unrest (war and crime)
Question 4
Identify the 3 Organization Structures:
Formal, Informal, Open
Deductive, Inductive, Conductive
Hierarchical, Flat, Matrix
Open, Hierarchical, Formal
Question 5
Radically changing a business is not easy task. Research done to determine why companies failed to reach their goals reveal some of the more common reasons include:
Lack of training
Introducing unnecessary complexity into the new process design
Lack of a coherent communications program
all of these
Question 6
Which of the following is NOT a support activity in the value chain of a firm?
Human Resources
Purchasing
Service
Technology
Question 7
As the Manager of a new work group you are to explain the dynamics of System Hierarchy. Explain the 3 levels of the hierarchy along with the function and value of the different components. Finally, how do these components build upon each other and with each other.
H
essay-ans-_17933
Question 8
Enterprise systems address knowledge capture and use across many functions of an organization. Identify three different types of enterprise systems that solve common business strategy needs. Briefly describe the logistical flow of information through that system. Use the kind of description that you would use with a client while have lunch or dinner with them.
Question 9
Explain designing a framework for getting work done? Your answer should be approximately 2 or 3 paragraphs (300 words). Please clearly state the necessary components and explain how they work in developing an effective framework. Please cite a minimum of 2 resources including material external to the course.
Question 10
Select a company of your choice and explain their approach to the three primary strategies for achieving a competitive advantage according to Michael Porter. Your answer should be a minimum of 200 words and cite all resources.
Page 28 of 28
Page 27 of 27Business Plan for a Startup Business
The business plan consists of a narrative and several financial works ...
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Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
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• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
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Business Valuation Principles for EntrepreneursBen Wann
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B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
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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.
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How to write a business case
1. How to write a business case?
A business case is the most important document you will ever need to write for a project.
It explains why your organisation will invest time and resources into a project. Without a
rock-solid business case your project is unlikely to get a return on investment. Writing a
business case is often a skill learned on a business analyst course.
This article explains how to write a business case. It includes 2 business case examples
and a free business case template for you to download.
Introduction
You’re probably reading this article because you want to know how to write a business
case. Perhaps your organisation is embarking on a major project to develop a new
product. Or, perhaps you’re thinking of moving house so your family can enjoy a better
life. In either case, you write a business case to ensure the investment is worthwhile.
In this article we’ll give you 2 business case examples, provide you with a simple
business case template for you to use, and explain how to write a business case.
Want to really get to grips with writing a compelling business case?
Attend our half-day virtual training on how to write a compelling business case. By
attending this course, you will save precious time preparing business cases, and will gain
2. the strategic thinking skills and commercial competence to present a business case in a
format that helps decision owners make well informed decisions.
View course details
What is a business case?
A business case is the justification for some activity (e.g. a project) undertaken by your
organisation. It weighs up the timescales, costs and risks of doing the activity against the
benefits to be gained. Think of it as weighing up the pros and cons and then taking a
sensible decision.
Personal business case
You may also use a business case to justify an investment you make in your personal life.
For example, when you’re thinking of moving home to another area. You and your
spouse will need to understand the costs of moving, the timescales and risks involved,
and weigh these up against the benefits to be gained e.g. saving time traveling to your
office, or your children able to go to a better school.
Why have a business case?
Projects should not just start on a whim or because of vanity – although a lot of money
has been wasted over the years on such projects.
For business organisations, justification for a project usually takes a commercial form i.e.
evaluating how much money could be made from the investment. For example, investing
money in developing a new software app to bring first to market, might be deemed to
bring certain monetary benefits (in terms of sales) which exceeds the costs of investment.
For government organisations, justification is probably not a commercial one, but could
be based upon giving value for money to achieve certain benefits. For example, a public
health campaign extolling the benefits of flu-vaccinations for elderly people, might be
judged as giving greater value for money than having no campaign, and instead relying
on treating patients in hospital once they have contracted the virus.
With so many competing claims being made on scarce funds, organisations need the
assurance that the decision they are taking is the right one. After all, there will not be
enough funds to pay for all the ideas for projects which are floating around the
organisation.
Who uses a business case?
Business cases can be used by many different levels of management within an
organisation. Typically, they are used by a portfolio management office to help it decide
which projects will contribute to the organisation’s strategic goals. That way, they can
filter out the bad ideas for projects, and only fund projects which will contribute to
strategic goals.
A business case is also often used by a project sponsor or project executive to help it
decide if they should invest in a specific project.
3. In all cases, the business case must be written and approved prior to any major
commitment of resources.
What form does a business case take?
Business cases can take many forms – digital or analogue. The tools you use to create one
are also many and varied. Common business tools such as Microsoft Office might be
used. Rather than being a document or slide deck however, it could equally be in the form
of an email.
Equally, a business case could be written by hand on a whiteboard or flipchart, or on the
back of a cigarette packet!
What you should always remember is that a business case does not have to be a huge
long document. In fact, it should be as short as possible, and only include the most
important information. That way it cuts out the noise and provides decision-makers with
just the right information to enable them to take sensible decisions.
Business case examples
We will now give you 2 business case examples. The first example is one which you
might find useful for taking decisions in your personal life. The 2nd business case
example is more business focused.
1. Moving home
Suppose you and your spouse are considering moving to a new home. You will need to
weigh up the pros and cons of moving. This is done using a business case. You might not
call it that, but that’s what it is. Let’s look at an example.
4.
5. Reason
As you can see from the example, the first thing to be clear about in a business case is the
reason for doing the project or activity. In this example, the couple has answered the
question Why? In fact, there’s two problems here – the local school and John’s long
commute.
Options considered
A business case should weigh up the competing options which have been considered.
After all, there is usually more than one option. Perhaps an alternative option would have
been for John to change his job to one nearer their current house. However, this wouldn’t
solve the issue with the school.
Benefits
The benefits of a project or activity are the positive things you’re going to get back in
return for your investment of time and money. In this case, the kids will get a better
education, and John will save time each day.
Timescales
It’s also important to understand how long the investment of resources will take. This is
so that the organisation (or family in this case) knows when the resources will be freed up
to work on other projects or activities. There are usually 2 timescales to consider. First,
the timescale of the project or activity – in this case 3 months to find a new house and
move there. Second, the time over which the benefits shall be realized. In this case it’s 5
years until the kids leave school.
There are usually 2 timescales to consider. First, the timescale of the project or activity –
in this case 3 months to find a new house and move there. Second, the time over which
the benefits shall be realized. In this case it’s 5 years until the kids leave school.
Costs
The costs of doing the project or activity is the next important bit of information. On this
project, the costs of moving to a new house will be £5,000. These are the project costs.
However, the couple will spend an additional £2,000/year for every year over which the
business case is calculated. For a project in an organisation, this is usually referred to as
the operational costs of maintaining and operating the projects outputs e.g. an IT system.
At this point, the couple knows the total costs over the timescales when the benefits shall
be realized.
Risks
For any activity or project, it’s also important to understand the major risks involved.
Risks are the uncertain things which may or may not happen during the period of the
investment. There is only one risk identified here, which is the risk that the couple might
lose touch with friends who live close to them right now.
Investment appraisal
The next section is where the costs and timescales and risks are weighed up. For this
project, it’s a simple decision for the couple to decide if it’s worth spending money over
6. the next 5 years to give their kids better schooling and to save John 2 hours a day
commuting.
For an organisation to decide if an investment is worthwhile, however, there are several
different ways in which it can decide about the investment.
Often in organisations there are rules defined to help business analysts or project
managers write what’s called an investment appraisal. In the next example, we’ll look at
one example known as net benefits.
2. Handheld device project
Imagine a heating repair services company that uses a paper-based set of forms filled in
by an engineer during site visits. The spare parts required to fix the heater are recorded on
a form which is given to staff to process back in the office. They then order the parts, and
schedule a follow-up visit for the engineer to fix the heater.
Want to really get to grips with writing a compelling business case?
Attend our half-day virtual training on how to write a compelling business case. By
attending this course, you will save precious time preparing business cases, and will gain
the strategic thinking skills and commercial competence to present a business case in a
format that helps decision owners make well informed decisions.
View course details
Let’s now look at this example business case.
7.
8. Executive summary
This example contains an executive summary. This quickly describes the selected option
and the key benefits it will bring.
Reasons
The reasons for the project are clearly spelled out when describing the 3 current problems
which the company faces.
Options
In this example, there are 2 options (other than do nothing) which have been examined.
Each option is summarized and the reason why option 3 is the preferred option has been
stated.
Benefits
The expected benefits of reduced overheads are clearly stated. Benefits should be
measurable and quantifiable. That means that the benefits can be measured later. But
what about the reduced errors, rescheduled appointments and customer contract
cancellations? Aren’t they benefits?
Well, these are in fact something else – they’re called outcomes. Outcomes are the results
of the changes which come about by using the new handheld devices. The ways you
measure the improvements resulting from these outcomes are known as benefits.
Dis-benefits
This example also contains a dis-benefit which is that the back-office staff morale will be
lower due to reduced overtime payments. A dis-benefit, if you’re wondering, is a
negative consequence of a project. It’s not the same as a risk which implies something
uncertain. A dis-benefit is something which you know will happen because of the project
and it has negative consequences for the organisation. It’s the opposite of a benefit!
Timescales
Just as we saw in the previous example, the business case contains 2 timescales – the
project timescales (i.e. the time it will take to complete the project) and the benefits
realization timescales (i.e. the time over which benefits are expected to be realized).
Costs
Again, there are 2 costs – project costs and the ongoing operational costs over the
benefits realization timescale. When the decision is taken whether to invest in this
project, the total costs (i.e. project costs and ongoing operational costs) are weighed
against the expected benefits over the same time period.
Risks
One major risk has been identified in this example, but on your project, there could be
many risks.
Investment appraisal
9. The final section is the investment appraisal. The investment technique used in this
example is called net benefits. As you can see from the table, the project and operational
costs are recorded for each year of the investment.
The project lasts 1 year which is why the project costs are zero after year 1. Of course,
the benefits won’t be realized until the solution is in place and the company starts to use
the handheld devices.
The net benefits are simply the total benefits minus the total costs. This shows that the
company will start to get a return on its investment sometime towards the end of year 2.
This knowledge is vital if the decision-makers are to take a sensible decision about
whether to invest in the project.
Business case template
To download a business case template, click here.
Summary
A business case is the most important document on any project. That’s because it justifies
the investment.
It helps an organisation be clear about why a project is needed, and what the results of the
investment will be. This is crucial because no organisation has unlimited funds to spend
on an unlimited number of projects. Therefore, a business case gives confidence to senior
managers when deciding to invest in one project rather than another.
However, as you have seen in this article, a business case is something which you can
find useful when taking major decisions in your own personal life. Remember - a
business case doesn’t need to be a lengthy document. It could easily be a few notes
scribbled on the back of something or even sent in an email.
Whatever form your business case takes, remember one thing – it will help you or your
organisation take sensible decisions about committing time and resources to a project or
activity.
Remember, if you want to learn more about developing a business case, and learn many
of the techniques useful for assessing business problems, consider attending a business
analysis course. These are available as online or as classroom courses.
Want to really get to grips with writing a compelling business case?
Attend our half-day virtual training on how to write a compelling business case. By
attending this course, you will save precious time preparing business cases, and will gain
the strategic thinking skills and commercial competence to present a business case in a
format that helps decision owners make well informed decisions.
View course details
Business case FAQs
10. Who approves a business case?
Usually on a project, the project sponsor (the person or people who are committing the
funds) will approve a business case. Before approving it, they need to have confidence
that the problems have been addressed and the right solution has been selected, that the
benefits are achievable and realistic, when the investment will pay off, and how big will
the return on investment be.
What makes a good business case?
As you have seen in this article, there’s several important bits of information which goes
into a business case. Don’t spend unnecessary time though adding information which
isn’t required. Your project sponsor will have to read your business case before they
approve it, and you don’t want to make their job any harder than it already is!
There are several things you can use to check whether your business case is adequate or
not. Here’s a checklist of 13 questions to ask yourself before you submit your business
case to your sponsor for approval:
1. Are the reasons for the project consistent with the corporate, portfolio or
programme management strategies?
2. Is the project plan aligned with the business case? (e.g. are the costs and
timescales in the project plan correctly reflected in the business case?)
3. Are the benefits clearly identified and justified?
4. Is it clear how the benefits will be realized?
5. Is it clearly defined what will judged a successful outcome?
6. Is the preferred business option clearly stated, along with the reasons why?
7. If the project requires external procurement, is the preferred sourcing option
stated, and why?
8. Is it clearly stated how any necessary funding will be obtained?
9. Does the business case include non-financial, as well as financial criteria?
10.Does the business case include operations and maintenance costs and risks?
11.Does the business case include project costs and risks?
12.Does the business case conform to organisational accounting standards (e.g. break-
even analysis and cash-flow conventions)?
13.Are the major risks faced by the project explicitly stated, together with any
proposed responses?
How do you write a good business case?
A good business case must contain certain key information including:
The reasons for doing the project;
The business options which have been considered, including the base business options of
do nothing, so something, or do something else;
Project and operational costs;
Project and operational timescales;
Benefits, expressed in measurable terms;
Investment appraisal (or cost benefit analysis);
11. Major risks and their mitigation plans;
How long is a business case?
A good business should be long enough that it contains all the information needed for the
decision-makers to take an informed decision about whether to invest in the project. That
means, remove any waffle, and only include information which helps decision-making.
What’s included in a business case?
The following are the most important items to put into a business case:
Executive summary – summarizes the key points;
The reasons for the project (answers the question ‘Why are we doing this?’);
The options considered - e.g. do nothing, do something, or do something else – (answers
the question ‘What’s the best option?’);
The expected benefits – in measurable terms – (answers the question ‘What’s the
return?’);
Costs – both project and operational - (answers the question ‘How much will it cost?’);
Timescales – for the project and for realizing benefits - (answers the question ‘How long
will it take?’);
Investment appraisal – weigh up costs, times, risks against benefits - (answers the
question ‘Is it worth it?’);
Major risks - (answers the question ‘What if?’).
What is a business case template?
A business case template serves as a starting point when writing a business case. It is
reusable and can be used across all your projects. Depending upon its needs, your
organisation may have different business case templates, each one used for different
scales of projects.
You can download an example business case template here.
What is the purpose of a business case?
The purpose of a business case is simple – it’s used to justify an investment in an activity.
Typically, in an organisation this activity is a project. It helps give confidence to
management that their investment is worthwhile and will realize benefits for the
organisation.
Who owns a business case?
A business case is owned by the person who is funding the project. The name of this role
is different across organisations, but commonly this role is known as a project sponsor, or
project executive.
By owning the business case, it means this person is accountable for ensuring that any
investment decisions which are taken based upon the information within the business
case are worthwhile