1 / 12

Business Case Preparation

Business Case Preparation. Based on materials prepared by Marty Chakoian marty@semeron.com. Why do a business case?. Validation—does what you want to do make sense? Communication—a formal way of making sure everyone who needs to know, does.

kenna
Download Presentation

Business Case Preparation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Business Case Preparation Based on materials prepared by Marty Chakoian marty@semeron.com

  2. Why do a business case? • Validation—does what you want to do make sense? • Communication—a formal way of making sure everyone who needs to know, does. • Solicitation—how are you going to compete for funds?

  3. Preparing a Business Case • Note - A variety of ways of structuring • WA DIS Guidance • SUNY Albany “And justice for All” example • New Zealand Shared Workspace example • No one way is correct • Be aware of relevant guidance • Agencies can be picky about formats in this area

  4. Parts of a Business Case • Problem/Opportunity • What is the problem you are trying to solve? • What is the need that is going unmet? • Who wants it? Why? • Include external drivers and changes

  5. Parts of a Business Case • Options • What are the realistic ways the problems could be solved or opportunity addressed? • What are the relative strengths and weaknesses of the options? • Consider level of detail in answering these questions: do you need a formal cost/benefit analysis for each option?

  6. Parts of a Business Case • Proposed Solution • What is your proposed option? • How will it solve the problem or address the opportunity? • What is the rationale for choosing it over all others?

  7. Parts of a Business Case • Project Definition • Get to the details of what you are going to do and how you are going to do it. • Address schedule, budget, project management and governance • What makes you think you can be successful? Are there models or examples to draw from?

  8. Parts of a Business Case • Benefits • What are the benefits to the public or to your constituent base? • What are the benefits to your organization? • How can you quantify those benefits?

  9. Parts of a Business Case • Success Criteria • What are the measurable outcomes? • How and when will you measure them? • What levels do you expect to achieve? • To whom will you be reporting the results?

  10. Parts of a Business Case • Assumptions • Be explicit • Obstacles • How will you overcome them? • Risks • How will you mitigate them?

  11. Parts of a Business Case • Cost/benefit analysis • Document assumptions • Don’t overlook the disruption that comes with change • Achieve a positive net present value or be prepared to explain why not

  12. Parts of a Business Case • Conclusions • Recommendations • Next Steps

More Related