Making a Business Case

Onsite Training: Technical and Project Management
  • Course:Making a Business Case
  • Course ID:BIZCASE Duration:2 days Where: Your Office (7+ Persons)
  • Available as a private, customized course for your group at your offices or ours and in some cases as a WebLive(TM) class.

  • Download Course Description (PDF)

Course Outline

 

Making a Business Case: The Business Case in Context

 

  • Importance of Projects
  • Managing Your Investment in Projects: Portfolio Management Overview
  • How Projects Support Strategy
  • Business Value and Return on Investment (ROI)
  • Definition of Project Success
  • Project Selection Process: Using a Business Case
  • How the Business Case Adds Value
  • Building Project Success

 

Making a Business Case: Business Case Structure and Content

 

  • Project Overview and Background
  • Problem / Opportunity Qualification
  • Project Approach
  • Authorization

 

Making a Business Case: Developing Data for the Business Case

 

  • Developing Useful Estimates
  • Project Costing Tool
  • Risk Evaluation Tool
  • Financial Analysis Worksheet

 

Making a Business Case: Establishing the Business Case

  • Select Projects for Exercises
  • Review the Business Case Template
  • Exercises: Fill out Each Section of the Template
  • Project Overview and Background
  • Project Approach Details
    • Effective Estimation with PERT
  • Benefit and Cost
    • Demo: Project Costing Tool
    • In-depth Financial Analysis (e.g., NPV, Benefit/Cost Ratio, Payback Period)
  • Stakeholders
    • Stakeholder Analysis
    • Project Impact on Stakeholders
  • Assumptions and Constraints
  • Risk Assessment
  • Business Case: Next Steps

 

Making a Business Case: Dealing with Multiple Project Approaches

 

  • Objective Methods for Evaluation of Project Approach
  • Alignment with Strategy
  • Weighted Scoring
  • AHP
  • Decision Tree

 

Making a Business Case – Wrap-up: Recap and Discussion