Developing a Business Case

Good business cases help decision makers to make effective and appropriate choices for the organisation. They clearly define the most effective solutions and/or provide recommendations and identify how that solutions will help the organisation achieve its business objectives.

This workshop will explore the tools and techniques for developing effective business cases which have credibility and impact.

Course duration

Half day

Content

Introduction

• Learning objectives
• Setting context
• Defining a business case

Planning and researching

• Apply a process to planning and research methods

Key Financial Considerations

• The cost benefit equation
• Benefits, costs, task, return on investment

Writing Your Business Case

• The writing process
• Using plain English
• Aligning to organisational goals
• Defining the solutions and recommendtions

Presenting your case

• Editing – make it easy for decision makers to say yes
• Finalising your case

Putting it all together

• Actions

• Use planning techniques to appropriately prepare a business case
• Identify and compare the costs and benefits of alternative solutions
• Prepare a rigorous analysis to support the case
• Apply risk assessment techniques to mitigate potential problems
• Explain key financials principles used in business case development
• Translate a concept or initiative into a range of viable options for achieving organisations goals
• Prioritise alternative solutions according to key decision criteria
• Edit and review your document for quality

This course requires no previous experience.