Business Case Justification Example
This business case is at the heart of any project and outlines the justification for undertaking the project.
Business case justification example. A business case is a formal structured document. For instance the finance function may authorize funds and the it department provide resources. The business case is needed when resources or expenditure on a project has to be justified.
Unfortunately hr people have a long but weak history in making business cases. An informal short document. In addition a business case forecasts the costs benefits and risks of an initiative so decision makers and even the project initiators can decide whether a project is worthwhile and why to choose one approach over similar.
Approval is usually sought from the project sponsor and other interested parties. Projects require an investment of not just money but time and effort thus the key question a business case must answer is is this project worth it. The following is a narrative example with numbers designed to show you how it should be done.
Or a verbal exchange that defines the benefits of an initiative or project. How to write a business case. A business case is a logical step by step approach for selling a program or project to senior management.