Business Case Key Elements

Derived from the sourcing strategy and procurement strategy.

Business case key elements. A brief snapshot of the problem that you are addressing. For instance the finance function may authorize funds and the it department provide resources. Describe why this case has come about.

The compelling case for change. Approval is usually sought from the project sponsor and other interested parties. Affordability to the organisation in the time frame.

The executive summary highlights the key points in the business case. If you look at the case study section of a textbook you are likely to doze off. 7 elements a successful case study must possess.

Each one will include the specific chapter of a company policy that was violated citing its page and number. These include important benefits and the return on investment. The business case is needed when resources or expenditure on a project has to be justified.

Using a business case template will alleviate some of the stress of formatting your business case and allow you to put your best foot forward when expressing your decisions and plans to your stakeholders. The business opportunity describes the motivation for the project that the business case will propose. They often have dull situations described in legal terms.

Risks and key dates. A common way of thinking about a business case is using these five elements. Maximise the impact of your business case with these key elements.