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Building the Business Case (Elements (benefits, options, background,…
Building the Business Case
Purpose
Justification
Analysis
Business needs
Costs
Customer experience
Major governing document
Business Case in SDLC
Feasibility
Cost v benefit
Project worthwhile?
Development or procurement
Design
Additional costs
Change of business circs
Benefit review
Elements
benefits
options
background
appendices
management summary
introduction
conclusions and recommendations
investment appraisal
risks
impact
costs
Analysis
Cost Benefit
Immediate / long term
Tangiable / intangiable
Options
Identify / shortlist / take forward
Risk Analysis
Mitigation
Occurance
Avoidance
Impact scale
Project
risks
Business risks
Impact analysis
Investment Appraisal
payback / break even
discount cash flow
net present value
Internal Rate return