Building an Effective Business Case
- Course Code GK2713
- Duration 4 days
Course Delivery
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Course Delivery
This course is available in the following formats:
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Company Event
Event at company
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Public Classroom
Traditional Classroom Learning
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Virtual Learning
Learning that is virtual
Request this course in a different delivery format.
Course Overview
TopIn deze 3-daagse Effective Business Case training leert u de meest gebruikte disciplines en methodieken om een business case op te stellen en te presenteren met duidelijke, beknopte en op feiten gebaseerde argumenten die de projectvoordelen, kosten en risico's belichten om goedkeuring voor projecten te verkrijgen. U leert de onderliggende structuur en inhoud van een business case en de rol die uw publiek speelt bij de ontwikkeling ervan. Verder leert u basistechnieken voor het bepalen van financiële ROI, niet-tastbare voordelen en de waarschijnlijkheid dat aan verwachtingen wordt voldaan.
Het ontwikkelen van een sterke business case is essentieel voor het overtuigen van uw project sponsors om tijd en middelen te investeren.
In this 3-day Effective Business Case course, you'll learn the most common disciplines and methodologies used to create and present a business case with clear, concise, and fact-based arguments that highlight project benefits, costs, and risks to win approval for projects. You'll learn the underlying structure and content of a business case as well as the role your audience plays in the development of it. Further, you'll learn basic techniques for determining financial ROI, non-tangible benefits, and the probability of meeting expectations.
Developing a strong business case is essential to persuading your project sponsors to invest time and resources.
Course Schedule
TopTarget Audience
Top- Business analysts
- Project managers
- Anyone who establishes business cases
- and anyone who provides business justification for projects
Course Objectives
Top- Key elements of a business case document and presentation
- How to justify the investment to solve a business problem in a clear, concise, fact-based manner
- Basic financial metrics used within a business case, including feasibility studies and ROI analyses
- Ways to improve the odds of project approval
- Steps to prove your recommendation is "best"
- A step-by-step development process to create a business case
Course Content
Top1. Business Case Process
- "Business case" defined
- The business case and system life-cycle decisions
- The business analysts' role in the business case process
- Competition for funds
- Understanding the organizational need
2. Defining the Business Case Problem
- Identifying problem/opportunity
- Problem statement
- Product vision
- Objectives and constraints
3. Exploring Business Case Solutions
- Measure the benefits of alternatives vs. the business objectives
- Testing identified solutions for feasibility
- Analyzing solution definitions
- Assessing project risks
4. Creating The Business Case
- The "ideal" business case
- Business case structure/components/benefits
- Executive summaries
- Adding value with powerful objective statements
5. Financial Metrics
- Governance: What you need to know
- Business alignment
- Accounting/financial principles
- Summarize the risks and ROI
- Cost of ownership
6. Presenting the Business Case
- Explain the business problem
- Show the change expectations
- Discuss how and why the "viable alternatives" were selected
- Understand hot topics and pain points of your audience
Course Prerequisites
TopThere are no prerequisites for this course.
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- GK2713
- Building an Effective Business Case
- Project Management
- Effective Business Case | Global Knowledge
- Project Management
