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Making a Business Case (Elements of a Business Case (Background (Outline…
Making a Business Case
Checking Feasibility
Business
Technical
Financial
Elements of a Business Case
Management Summary
Background
Outline problem to be solved
Options
Identify possibilities, shortlist, evaluate
Benefits
Tangible and intangible
Costs
Immediate and Long Term
Risks
Project and Business risks
Impact, Scale of Impact, Occurrence Probability, avoidance and mitigation actions.
Investment
Payback or Break Even, Return on Investment, Discounted Cash Flow and Internal Rate of Return.
Purpose of Business Case
Justification for project.
Business Case within Lifecycle
Revisited throughout cycle