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How to build a business case

Turn your idea into a profitable plan of action.
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Why this learning experience
Why this learning experience
How to build a business case

A Business Case provides the justification for an activity, project, programme or portfolio to demonstrate its economic and/or technical feasibility. The Business Case is based on a structured and iterative approach to decision making, composed of different sections, which allows the evaluation of the benefit, cost and risk of alternative options. It is a formal document to demonstrate the feasibility of the project, which supports the decision to launch a project and provides an agreed and fixed basis for the ongoing assessment of the project objectives. It is established by the project leader, who demonstrates on what assumptions his or her estimates of project costs and benefits are based, in order to gain the commitment of all contributing functions.

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Objectives
Objectives
  • How to explain in detail the business need for your idea, aligning your case with strategic objectives
  • Create the right team to shape and test your ideas
  • Calculate the return on investment
  • Analyse risks and opportunities
  • Presenting the case to stakeholders
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This course is for you if...
This course is for you if...

If you have any of these roles:

  • Team management
  • Department managers
  • Project managers
  • Project team members
  • Assistants to the project manager
  • Aspiring project managers
  • You have the knowledge but need tools and techniques to create a Business Case.
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What will I learn?
What will I learn?
  • Introduction:
    • What is a Business Case?
    • Why create a Business Case?
    • Business Case vs. Business Plan.
    • When is a Business Case necessary?
    • Stages for developing and maintaining a Business Case.
    • Alternatives to a Business Case.
  • How to create a Business Case:
    • Components of a Business Case.
    • How to write an executive summary.
    • Know your audience.
    • Identifying the need.
    • SWOT and PESTEL analysis.
    • Defining the purpose of the Business Case.
    • SMART Objectives, Key Performance Indicators (KPI) and Critical Success Factor (CSF).
    • Definition of the requirements.
    • Alternatives and the cost of doing nothing.
    • Cost types (Direct/indirect, Fixed/variable, RC/NRC, OpEx/CapEx).
    • Techniques for estimating costs and benefits.
    • Business Case evaluation techniques: ROI, NPV, NPV, IRR and CBA.
    • Risk assessment.
  • How to present a Business Case:
    • How to prepare and structure the pitch deck.
    • Making a structured pitch.
    • Tips for pitch presentation.

 

 

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Facilitator
Facilitator
sergio evergreenpm
Sergio Gonçalves
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Format
Format
synchronous online
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